KB Law: what changed
Two financial 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 Law
Largest movements
- Cash +€36,433
up €36,433 (+75.3%), from €48,366 to €84,799
mainly Net result for the year (+€60,526) and Other debts (+€39,391)
- Tangible fixed assets +€5,898
up €5,898 (+46.8%), from €12,602 to €18,500
of which Furniture and vehicles: +€4,281
- Receivables within one year +€1,612
up €1,612 (+51.2%), from €3,150 to €4,762
- Other debts +€39,391
up €39,391 (+793%), from €4,967 to €44,358
- Tax, wage and social debts +€5,618
up €5,618 (+147%), from €3,831 to €9,449
of which Taxes: +€5,118
- Profit (loss) carried forward -€3,003
down €3,003 (-8.6%), from €34,842 to €31,839
- Trade debts +€1,937
up €1,937 (+1,404%), from €138 to €2,075
- Gross operating margin +€71,174
up €71,174 (+1,239%), from €5,746 to €76,920
- Taxes +€7,283
up €7,283 (+225%), from €3,243 to €10,526
- Depreciation +€901
up €901 (+44.4%), from €2,031 to €2,932
From the 2025 result to the 2026 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.
Derived cash bridge
Derived from the 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €64,238 | €108,181 | +€43,943 | +68.4% |
| Fixed assets | 21/28 | €12,722 | €18,620 | +€5,898 | +46.4% |
| Tangible fixed assets | 22/27 | €12,602 | €18,500 | +€5,898 | +46.8% |
| Plant, machinery and equipment | 23 | - | €3,117 | +€3,117 | |
| Furniture and vehicles | 24 | €266 | €4,547 | +€4,281 | +1,609% |
| Other tangible fixed assets | 26 | €12,336 | €10,836 | -€1,500 | -12.2% |
| Financial fixed assets | 28 | €120 | €120 | = | 0.0% |
| Current assets | 29/58 | €51,516 | €89,561 | +€38,045 | +73.9% |
| Amounts receivable within one year | 40/41 | €3,150 | €4,762 | +€1,612 | +51.2% |
| Trade receivables | 40 | €3,150 | €4,762 | +€1,612 | +51.2% |
| Cash at bank and in hand | 54/58 | €48,366 | €84,799 | +€36,433 | +75.3% |
| Total equity and liabilities | 10/49 | €64,238 | €108,181 | +€43,943 | +68.4% |
| Equity | 10/15 | €55,302 | €52,299 | -€3,003 | -5.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €34,842 | €31,839 | -€3,003 | -8.6% |
| Amounts payable | 17/49 | €8,936 | €55,882 | +€46,946 | +525% |
| Amounts payable within one year | 42/48 | €8,936 | €55,882 | +€46,946 | +525% |
| Trade debts | 44 | €138 | €2,075 | +€1,937 | +1,404% |
| Suppliers | 440/4 | €138 | €2,075 | +€1,937 | +1,404% |
| Taxes, remuneration and social security | 45 | €3,831 | €9,449 | +€5,618 | +147% |
| Taxes | 450/3 | €1,831 | €6,949 | +€5,118 | +280% |
| Remuneration and social security | 454/9 | €2,000 | €2,500 | +€500 | +25.0% |
| Other amounts payable | 47/48 | €4,967 | €44,358 | +€39,391 | +793% |
| Remuneration, social security and pensions | 62 | €1,658 | €2,408 | +€750 | +45.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,031 | €2,932 | +€901 | +44.4% |
| Other operating charges | 640/8 | €421 | €301 | -€120 | -28.5% |
| Gross operating margin | 9900 | €5,746 | €76,920 | +€71,174 | +1,239% |
| Operating profit (loss) | 9901 | €1,636 | €71,279 | +€69,643 | +4,257% |
| Financial income | 75/76B | €5 | €15 | +€10 | +200% |
| Recurring financial income | 75 | €5 | €15 | +€10 | +200% |
| Financial charges | 65/66B | €191 | €242 | +€51 | +26.7% |
| Recurring financial charges | 65 | €191 | €242 | +€51 | +26.7% |
| Profit (loss) for the period before taxes | 9903 | €1,450 | €71,052 | +€69,602 | +4,800% |
| Income taxes | 67/77 | €3,243 | €10,526 | +€7,283 | +225% |
| Profit (loss) for the period | 9904 | -€1,793 | €60,526 | +€62,319 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,793 | €60,526 | +€62,319 |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.