KBB: 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.
KBB
Largest movements
- Cash +€112,388
up €112,388 (+192%), from €58,633 to €171,021
mainly Net result for the year (+€170,477) and Tax, wage and social debts (+€81,377)
- Receivables within one year +€90,160
up €90,160 (+6,962%), from €1,295 to €91,455
of which Other amounts receivable: +€89,309
- Tangible fixed assets +€16,647
up €16,647 (+194%), from €8,578 to €25,224
of which Furniture and vehicles: +€15,417
- Reserves +€170,477
up €170,477 (+170%), from €100,078 to €270,556
- Tax, wage and social debts +€81,377
up €81,377 (+2,307%), from €3,528 to €84,906
- Other debts -€31,949
down €31,949 (-96.1%), from €33,244 to €1,295
- Gross operating margin +€147,538
up €147,538 (+136%), from €108,437 to €255,975
- Taxes +€53,455
up €53,455 (+176%), from €30,383 to €83,838
- Financial income +€2,631
up €2,631 (+26,309,600%), from €0 to €2,631
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.
Derived cash bridge
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 | €149,470 | €369,167 | +€219,697 | +147% |
| Fixed assets | 21/28 | €8,640 | €25,286 | +€16,647 | +193% |
| Tangible fixed assets | 22/27 | €8,578 | €25,224 | +€16,647 | +194% |
| Land and buildings | 22 | €2,629 | €2,062 | -€567 | -21.6% |
| Plant, machinery and equipment | 23 | €2,327 | €4,124 | +€1,797 | +77.2% |
| Furniture and vehicles | 24 | €3,622 | €19,038 | +€15,417 | +426% |
| Financial fixed assets | 28 | €62 | €62 | = | 0.0% |
| Current assets | 29/58 | €140,831 | €343,881 | +€203,050 | +144% |
| Stocks and contracts in progress | 3 | €80,000 | €80,000 | = | 0.0% |
| Stocks | 30/36 | €80,000 | €80,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €1,295 | €91,455 | +€90,160 | +6,962% |
| Trade receivables | 40 | - | €851 | +€851 | |
| Other amounts receivable | 41 | €1,295 | €90,604 | +€89,309 | +6,896% |
| Cash at bank and in hand | 54/58 | €58,633 | €171,021 | +€112,388 | +192% |
| Deferred charges and accrued income | 490/1 | €902 | €1,404 | +€502 | +55.6% |
| Total equity and liabilities | 10/49 | €149,470 | €369,167 | +€219,697 | +147% |
| Equity | 10/15 | €112,478 | €282,956 | +€170,477 | +152% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €100,078 | €270,556 | +€170,477 | +170% |
| Distributable reserves | 133 | €100,078 | €270,556 | +€170,477 | +170% |
| Amounts payable | 17/49 | €36,992 | €86,211 | +€49,220 | +133% |
| Amounts payable within one year | 42/48 | €36,992 | €86,211 | +€49,220 | +133% |
| Trade debts | 44 | €219 | €11 | -€208 | -95.0% |
| Suppliers | 440/4 | €219 | €11 | -€208 | -95.0% |
| Taxes, remuneration and social security | 45 | €3,528 | €84,906 | +€81,377 | +2,307% |
| Taxes | 450/3 | €3,528 | €84,906 | +€81,377 | +2,307% |
| Other amounts payable | 47/48 | €33,244 | €1,295 | -€31,949 | -96.1% |
| Non-recurring operating income | 76A | €67,107 | €248 | -€66,860 | -99.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,301 | €3,604 | +€303 | +9.2% |
| Other operating charges | 640/8 | €755 | €486 | -€270 | -35.7% |
| Gross operating margin | 9900 | €108,437 | €255,975 | +€147,538 | +136% |
| Operating profit (loss) | 9901 | €104,382 | €251,886 | +€147,504 | +141% |
| Financial income | 75/76B | €0 | €2,631 | +€2,631 | +26,309,600% |
| Recurring financial income | 75 | €0 | €2,631 | +€2,631 | +26,309,600% |
| Financial charges | 65/66B | €2,703 | €202 | -€2,501 | -92.5% |
| Recurring financial charges | 65 | €2,703 | €202 | -€2,501 | -92.5% |
| Profit (loss) for the period before taxes | 9903 | €101,679 | €254,315 | +€152,637 | +150% |
| Income taxes | 67/77 | €30,383 | €83,838 | +€53,455 | +176% |
| Profit (loss) for the period | 9904 | €71,296 | €170,477 | +€99,181 | +139% |
| Profit (loss) for the period to be appropriated | 9905 | €71,296 | €170,477 | +€99,181 | +139% |
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 15 October 2026 via checked.be.