KB PHYSIO: 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 PHYSIO
Largest movements
- Tangible fixed assets -€10,950
down €10,950 (-30.5%), from €35,930 to €24,980
of which Furniture and vehicles: -€10,286
- Cash -€3,719
down €3,719 (-22.5%), from €16,515 to €12,796
mainly Debts after one year (-€11,249) and Tax, wage and social debts (-€8,253)
- Receivables within one year -€3,463
down €3,463 (-54.7%), from €6,331 to €2,868
- Debts after one year -€11,249
down €11,249 (-28.7%), from €39,166 to €27,917
- Tax, wage and social debts -€8,253
down €8,253 (-87.4%), from €9,441 to €1,188
of which Remuneration and social security: -€8,253
- Accrued charges and deferred income -€1,250
no longer reported in 2025 (was €1,250)
- Other debts +€1,082
new in 2025: €1,082
- Short-term financial debts +€1,000
new in 2025: €1,000
- Gross operating margin +€6,083
up €6,083 (+69.3%), from €8,775 to €14,858
- Depreciation -€3,122
down €3,122 (-21.5%), from €14,491 to €11,369
- Financial charges -€1,065
down €1,065 (-33.3%), from €3,196 to €2,131
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 | €58,826 | €40,694 | -€18,131 | -30.8% |
| Fixed assets | 21/28 | €35,980 | €25,030 | -€10,950 | -30.4% |
| Tangible fixed assets | 22/27 | €35,930 | €24,980 | -€10,950 | -30.5% |
| Plant, machinery and equipment | 23 | €1,160 | €567 | -€593 | -51.1% |
| Furniture and vehicles | 24 | €34,180 | €23,894 | -€10,286 | -30.1% |
| Other tangible fixed assets | 26 | €590 | €519 | -€71 | -12.0% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €22,846 | €15,664 | -€7,181 | -31.4% |
| Amounts receivable within one year | 40/41 | €6,331 | €2,868 | -€3,463 | -54.7% |
| Other amounts receivable | 41 | €6,331 | €2,868 | -€3,463 | -54.7% |
| Cash at bank and in hand | 54/58 | €16,515 | €12,796 | -€3,719 | -22.5% |
| Total equity and liabilities | 10/49 | €58,826 | €40,694 | -€18,131 | -30.8% |
| Equity | 10/15 | -€5,039 | -€4,047 | +€992 | +19.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,039 | -€9,047 | +€992 | +9.9% |
| Amounts payable | 17/49 | €63,865 | €44,742 | -€19,123 | -29.9% |
| Amounts payable after more than one year | 17 | €39,166 | €27,917 | -€11,249 | -28.7% |
| Financial debts | 170/4 | €39,166 | €27,917 | -€11,249 | -28.7% |
| Amounts payable within one year | 42/48 | €23,449 | €16,825 | -€6,624 | -28.3% |
| Current portion of amounts payable after more than one year | 42 | €10,908 | €11,249 | +€341 | +3.1% |
| Financial debts | 43 | - | €1,000 | +€1,000 | |
| Credit institutions | 430/8 | - | €1,000 | +€1,000 | |
| Trade debts | 44 | €3,100 | €2,307 | -€794 | -25.6% |
| Suppliers | 440/4 | €3,100 | €2,307 | -€794 | -25.6% |
| Taxes, remuneration and social security | 45 | €9,441 | €1,188 | -€8,253 | -87.4% |
| Taxes | 450/3 | €1,188 | €1,188 | = | 0.0% |
| Remuneration and social security | 454/9 | €8,253 | - | -€8,253 | |
| Other amounts payable | 47/48 | - | €1,082 | +€1,082 | |
| Accrued charges and deferred income | 492/3 | €1,250 | - | -€1,250 | |
| Non-recurring operating income | 76A | €0 | - | -€0 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,491 | €11,369 | -€3,122 | -21.5% |
| Other operating charges | 640/8 | €135 | €265 | +€130 | +96.8% |
| Gross operating margin | 9900 | €8,775 | €14,858 | +€6,083 | +69.3% |
| Operating profit (loss) | 9901 | -€5,850 | €3,225 | +€9,075 | |
| Financial income | 75/76B | €3 | €30 | +€27 | +1024.5% |
| Recurring financial income | 75 | €3 | €30 | +€27 | +1024.5% |
| Financial charges | 65/66B | €3,196 | €2,131 | -€1,065 | -33.3% |
| Recurring financial charges | 65 | €3,196 | €2,131 | -€1,065 | -33.3% |
| Profit (loss) for the period before taxes | 9903 | -€9,043 | €1,124 | +€10,167 | |
| Income taxes | 67/77 | €128 | €132 | +€4 | +3.1% |
| Profit (loss) for the period | 9904 | -€9,171 | €992 | +€10,163 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,171 | €992 | +€10,163 |
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 29 September 2026 via checked.be.