KB-House: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
KB-House
Largest movements
- Cash -€287,875
down €287,875 (-90.0%), from €319,697 to €31,822
mainly Contributions, distributions and other (-€280,000) and Accrued charges and deferred income (-€41,440)
- Tangible fixed assets -€57,919
down €57,919 (-97.3%), from €59,518 to €1,599
of which Furniture and vehicles: -€59,518
- Contributions -€280,000
down €280,000 (-60.9%), from €460,000 to €180,000
- Accrued charges and deferred income -€41,440
down €41,440 (-100.0%), from €41,440 to €0
- Profit (loss) carried forward -€31,132
down €31,132 (-22.3%), from -€139,574 to -€170,706
- Other debts +€6,557
up €6,557 (+49.5%), from €13,239 to €19,796
- Gross operating margin -€220,667
down €220,667, from €198,178 to -€22,489
- Depreciation -€18,077
down €18,077 (-99.7%), from €18,127 to €50
- Financial charges -€9,207
down €9,207 (-99.2%), from €9,277 to €70
- Financial income +€2,489
new in 2025: €2,489
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €379,215 | €33,421 | -€345,794 | -91.2% |
| Fixed assets | 21/28 | €59,518 | €1,599 | -€57,919 | -97.3% |
| Tangible fixed assets | 22/27 | €59,518 | €1,599 | -€57,919 | -97.3% |
| Land and buildings | 22 | €0 | - | = | |
| Plant, machinery and equipment | 23 | - | €1,599 | +€1,599 | |
| Furniture and vehicles | 24 | €59,518 | €0 | -€59,518 | -100.0% |
| Current assets | 29/58 | €319,697 | €31,822 | -€287,875 | -90.0% |
| Cash at bank and in hand | 54/58 | €319,697 | €31,822 | -€287,875 | -90.0% |
| Total equity and liabilities | 10/49 | €379,215 | €33,421 | -€345,794 | -91.2% |
| Equity | 10/15 | €320,426 | €9,294 | -€311,132 | -97.1% |
| Contributions | 10/11 | €460,000 | €180,000 | -€280,000 | -60.9% |
| Profit (loss) carried forward | 14 | -€139,574 | -€170,706 | -€31,132 | -22.3% |
| Amounts payable | 17/49 | €58,789 | €24,127 | -€34,662 | -59.0% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €17,349 | €24,127 | +€6,778 | +39.1% |
| Trade debts | 44 | €3,779 | €4,267 | +€488 | +12.9% |
| Suppliers | 440/4 | €3,779 | €4,267 | +€488 | +12.9% |
| Taxes, remuneration and social security | 45 | €331 | €63 | -€267 | -80.9% |
| Taxes | 450/3 | €331 | €63 | -€267 | -80.9% |
| Other amounts payable | 47/48 | €13,239 | €19,796 | +€6,557 | +49.5% |
| Accrued charges and deferred income | 492/3 | €41,440 | €0 | -€41,440 | -100.0% |
| Non-recurring operating income | 76A | €220,000 | €0 | -€220,000 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,127 | €50 | -€18,077 | -99.7% |
| Other operating charges | 640/8 | €275 | €431 | +€156 | +56.8% |
| Non-recurring operating charges | 66A | - | €10,518 | +€10,518 | |
| Gross operating margin | 9900 | €198,178 | -€22,489 | -€220,667 | |
| Operating profit (loss) | 9901 | €179,776 | -€33,488 | -€213,264 | |
| Financial income | 75/76B | - | €2,489 | +€2,489 | |
| Recurring financial income | 75 | - | €2,489 | +€2,489 | |
| Financial charges | 65/66B | €9,277 | €70 | -€9,207 | -99.2% |
| Recurring financial charges | 65 | €9,277 | €70 | -€9,207 | -99.2% |
| Profit (loss) for the period before taxes | 9903 | €170,499 | -€31,069 | -€201,568 | |
| Income taxes | 67/77 | €331 | €63 | -€267 | -80.9% |
| Profit (loss) for the period | 9904 | €170,169 | -€31,132 | -€201,301 | |
| Profit (loss) for the period to be appropriated | 9905 | €170,169 | -€31,132 | -€201,301 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.