KBI GESTION: 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.
KBI GESTION
Largest movements
- Receivables within one year -€325,215
down €325,215 (-99.9%), from €325,691 to €476
of which Other amounts receivable: -€305,038
- Tangible fixed assets -€179,987
down €179,987 (-97.3%), from €185,073 to €5,086
of which Plant, machinery and equipment: -€118,706
- Stocks and contracts -€74,917
no longer reported in 2025 (was €74,917)
- Cash -€38,466
down €38,466 (-86.0%), from €44,704 to €6,238
mainly Other debts (-€848,675) and Net result for the year (-€10,401)
- Financial fixed assets -€31,000
no longer reported in 2025 (was €31,000)
- Other debts -€848,675
down €848,675 (-99.7%), from €851,021 to €2,346
- Profit (loss) carried forward +€214,485
up €214,485 (+95.4%), from -€224,886 to -€10,401
- Contributions -€8,600
down €8,600 (-46.2%), from €18,600 to €10,000
- Trade debts -€7,595
down €7,595 (-53.7%), from €14,141 to €6,546
- Depreciation -€61,203
down €61,203 (-98.5%), from €62,117 to €914
- Gross operating margin -€34,475
down €34,475, from €24,456 to -€10,019
- Other operating charges -€1,013
no longer reported in 2025 (was €1,013)
- Write-downs -€417
no longer reported in 2025 (was €417)
- Financial charges -€399
down €399 (-87.7%), from €455 to €56
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 | €661,385 | €11,800 | -€649,585 | -98.2% |
| Fixed assets | 21/28 | €216,073 | €5,086 | -€210,987 | -97.6% |
| Tangible fixed assets | 22/27 | €185,073 | €5,086 | -€179,987 | -97.3% |
| Land and buildings | 22 | €4,051 | - | -€4,051 | |
| Plant, machinery and equipment | 23 | €123,792 | €5,086 | -€118,706 | -95.9% |
| Furniture and vehicles | 24 | €44,434 | - | -€44,434 | |
| Leasing and similar rights | 25 | €12,796 | - | -€12,796 | |
| Financial fixed assets | 28 | €31,000 | - | -€31,000 | |
| Current assets | 29/58 | €445,312 | €6,714 | -€438,598 | -98.5% |
| Stocks and contracts in progress | 3 | €74,917 | - | -€74,917 | |
| Stocks | 30/36 | €74,917 | - | -€74,917 | |
| Amounts receivable within one year | 40/41 | €325,691 | €476 | -€325,215 | -99.9% |
| Trade receivables | 40 | €20,653 | €476 | -€20,177 | -97.7% |
| Other amounts receivable | 41 | €305,038 | - | -€305,038 | |
| Cash at bank and in hand | 54/58 | €44,704 | €6,238 | -€38,466 | -86.0% |
| Total equity and liabilities | 10/49 | €661,385 | €11,800 | -€649,585 | -98.2% |
| Equity | 10/15 | -€204,426 | -€401 | +€204,025 | +99.8% |
| Contributions | 10/11 | €18,600 | €10,000 | -€8,600 | -46.2% |
| Reserves | 13 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €1,860 | - | -€1,860 | |
| Profit (loss) carried forward | 14 | -€224,886 | -€10,401 | +€214,485 | +95.4% |
| Amounts payable | 17/49 | €865,811 | €12,201 | -€853,610 | -98.6% |
| Amounts payable within one year | 42/48 | €865,811 | €12,201 | -€853,610 | -98.6% |
| Trade debts | 44 | €14,141 | €6,546 | -€7,595 | -53.7% |
| Suppliers | 440/4 | €14,141 | €6,546 | -€7,595 | -53.7% |
| Taxes, remuneration and social security | 45 | €649 | €3,309 | +€2,660 | +410% |
| Taxes | 450/3 | €649 | €3,309 | +€2,660 | +410% |
| Other amounts payable | 47/48 | €851,021 | €2,346 | -€848,675 | -99.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €62,117 | €914 | -€61,203 | -98.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €417 | - | -€417 | |
| Other operating charges | 640/8 | €1,013 | - | -€1,013 | |
| Gross operating margin | 9900 | €24,456 | -€10,019 | -€34,475 | |
| Operating profit (loss) | 9901 | -€39,091 | -€10,933 | +€28,158 | +72.0% |
| Financial income | 75/76B | €807 | €588 | -€219 | -27.1% |
| Recurring financial income | 75 | €807 | €588 | -€219 | -27.1% |
| Financial charges | 65/66B | €455 | €56 | -€399 | -87.7% |
| Recurring financial charges | 65 | €455 | €56 | -€399 | -87.7% |
| Profit (loss) for the period before taxes | 9903 | -€38,739 | -€10,401 | +€28,338 | +73.2% |
| Profit (loss) for the period | 9904 | -€38,739 | -€10,401 | +€28,338 | +73.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€38,739 | -€10,401 | +€28,338 | +73.2% |
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 22 October 2026 via checked.be.