KB-SERVICE: 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-SERVICE
Largest movements
- Cash -€36,605
down €36,605 (-33.5%), from €109,188 to €72,582
mainly Contributions, distributions and other (-€65,000) and Tax, wage and social debts (-€31,243)
- Receivables within one year +€12,695
up €12,695 (+9.2%), from €137,999 to €150,693
of which Trade receivables: +€12,869
- Tangible fixed assets +€7,502
up €7,502 (+24.3%), from €30,869 to €38,370
- Other debts +€87,080
up €87,080 (+3564.2%), from €2,443 to €89,523
- Reserves -€61,490
down €61,490 (-83.3%), from €73,858 to €12,368
- Tax, wage and social debts -€31,243
down €31,243 (-76.0%), from €41,123 to €9,880
- Debts after one year -€11,669
down €11,669 (-9.6%), from €121,669 to €110,000
- Trade debts +€3,455
up €3,455 (+13.1%), from €26,291 to €29,746
- Gross operating margin -€16,940
down €16,940 (-44.3%), from €38,219 to €21,279
- Write-downs -€5,675
down €5,675 (-100.0%), from €5,675 to €0
- Taxes -€2,776
down €2,776 (-61.0%), from €4,553 to €1,776
- Depreciation +€1,592
up €1,592 (+14.1%), from €11,266 to €12,858
- Financial income -€1,464
down €1,464 (-99.9%), from €1,465 to €1
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 | €282,703 | €268,186 | -€14,517 | -5.1% |
| Fixed assets | 21/28 | €30,869 | €40,667 | +€9,798 | +31.7% |
| Intangible fixed assets | 21 | €1 | €2,296 | +€2,296 | +425175.9% |
| Tangible fixed assets | 22/27 | €30,869 | €38,370 | +€7,502 | +24.3% |
| Furniture and vehicles | 24 | €30,869 | €38,370 | +€7,502 | +24.3% |
| Current assets | 29/58 | €251,834 | €227,519 | -€24,314 | -9.7% |
| Stocks and contracts in progress | 3 | €3,794 | €3,604 | -€190 | -5.0% |
| Stocks | 30/36 | €3,794 | €3,604 | -€190 | -5.0% |
| Amounts receivable within one year | 40/41 | €137,999 | €150,693 | +€12,695 | +9.2% |
| Trade receivables | 40 | €137,824 | €150,693 | +€12,869 | +9.3% |
| Other amounts receivable | 41 | €174 | €0 | -€174 | -100.0% |
| Cash at bank and in hand | 54/58 | €109,188 | €72,582 | -€36,605 | -33.5% |
| Deferred charges and accrued income | 490/1 | €854 | €640 | -€214 | -25.1% |
| Total equity and liabilities | 10/49 | €282,703 | €268,186 | -€14,517 | -5.1% |
| Equity | 10/15 | €78,858 | €17,368 | -€61,490 | -78.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €73,858 | €12,368 | -€61,490 | -83.3% |
| Distributable reserves | 133 | €73,858 | €12,368 | -€61,490 | -83.3% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €203,844 | €250,818 | +€46,974 | +23.0% |
| Amounts payable after more than one year | 17 | €121,669 | €110,000 | -€11,669 | -9.6% |
| Financial debts | 170/4 | €121,669 | €110,000 | -€11,669 | -9.6% |
| Amounts payable within one year | 42/48 | €82,175 | €140,818 | +€58,642 | +71.4% |
| Current portion of amounts payable after more than one year | 42 | €12,318 | €11,669 | -€649 | -5.3% |
| Trade debts | 44 | €26,291 | €29,746 | +€3,455 | +13.1% |
| Suppliers | 440/4 | €26,291 | €29,746 | +€3,455 | +13.1% |
| Taxes, remuneration and social security | 45 | €41,123 | €9,880 | -€31,243 | -76.0% |
| Taxes | 450/3 | €41,123 | €9,880 | -€31,243 | -76.0% |
| Other amounts payable | 47/48 | €2,443 | €89,523 | +€87,080 | +3564.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,266 | €12,858 | +€1,592 | +14.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €5,675 | €0 | -€5,675 | -100.0% |
| Other operating charges | 640/8 | €335 | €654 | +€320 | +95.7% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €38,219 | €21,279 | -€16,940 | -44.3% |
| Operating profit (loss) | 9901 | €20,944 | €7,767 | -€13,177 | -62.9% |
| Financial income | 75/76B | €1,465 | €1 | -€1,464 | -99.9% |
| Recurring financial income | 75 | €1,465 | €1 | -€1,464 | -99.9% |
| Financial charges | 65/66B | €1,485 | €2,482 | +€997 | +67.1% |
| Recurring financial charges | 65 | €1,485 | €2,482 | +€997 | +67.1% |
| Profit (loss) for the period before taxes | 9903 | €20,923 | €5,286 | -€15,637 | -74.7% |
| Income taxes | 67/77 | €4,553 | €1,776 | -€2,776 | -61.0% |
| Profit (loss) for the period | 9904 | €16,371 | €3,510 | -€12,861 | -78.6% |
| Profit (loss) for the period to be appropriated | 9905 | €16,371 | €3,510 | -€12,861 | -78.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.