KBK GROUP: 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.
KBK GROUP
Largest movements
- Tangible fixed assets -€38,432
down €38,432 (-3.7%), from €1.0m to €997,370
of which Land and buildings: -€35,551
- Profit (loss) carried forward -€87,846
down €87,846 (-22.3%), from -€394,438 to -€482,283
- Other debts +€64,691
up €64,691 (+8.3%), from €783,690 to €848,381
- Trade debts -€24,536
down €24,536 (-93.4%), from €26,280 to €1,743
- Other operating charges +€62,052
up €62,052 (+751.1%), from €8,262 to €70,313
- Gross operating margin +€17,589
up €17,589 (+509.8%), from €3,450 to €21,039
- Financial charges -€307
down €307 (-68.8%), from €447 to €139
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 | €1,050,782 | €1,003,091 | -€47,691 | -4.5% |
| Fixed assets | 21/28 | €1,035,801 | €997,370 | -€38,432 | -3.7% |
| Tangible fixed assets | 22/27 | €1,035,801 | €997,370 | -€38,432 | -3.7% |
| Land and buildings | 22 | €1,032,921 | €997,370 | -€35,551 | -3.4% |
| Other tangible fixed assets | 26 | €2,880 | - | -€2,880 | |
| Current assets | 29/58 | €14,981 | €5,721 | -€9,260 | -61.8% |
| Amounts receivable within one year | 40/41 | €5,414 | €5,620 | +€206 | +3.8% |
| Trade receivables | 40 | €2,000 | €2,000 | = | 0.0% |
| Other amounts receivable | 41 | €3,414 | €3,620 | +€206 | +6.0% |
| Cash at bank and in hand | 54/58 | €9,567 | €101 | -€9,466 | -98.9% |
| Total equity and liabilities | 10/49 | €1,050,782 | €1,003,091 | -€47,691 | -4.5% |
| Equity | 10/15 | €239,312 | €151,467 | -€87,846 | -36.7% |
| Contributions | 10/11 | €62,500 | €62,500 | = | 0.0% |
| Capital | 10 | €62,500 | €62,500 | = | 0.0% |
| Issued capital | 100 | €62,500 | €62,500 | = | 0.0% |
| Revaluation surpluses | 12 | €565,000 | €565,000 | = | 0.0% |
| Reserves | 13 | €6,250 | €6,250 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,250 | €6,250 | = | 0.0% |
| Legal reserve | 130 | €6,250 | €6,250 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€394,438 | -€482,283 | -€87,846 | -22.3% |
| Amounts payable | 17/49 | €811,470 | €851,624 | +€40,154 | +4.9% |
| Amounts payable after more than one year | 17 | €1,500 | €1,500 | = | 0.0% |
| Other amounts payable | 178/9 | €1,500 | €1,500 | = | 0.0% |
| Amounts payable within one year | 42/48 | €809,970 | €850,124 | +€40,154 | +5.0% |
| Trade debts | 44 | €26,280 | €1,743 | -€24,536 | -93.4% |
| Suppliers | 440/4 | €26,280 | €1,743 | -€24,536 | -93.4% |
| Other amounts payable | 47/48 | €783,690 | €848,381 | +€64,691 | +8.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,432 | €38,432 | = | 0.0% |
| Other operating charges | 640/8 | €8,262 | €70,313 | +€62,052 | +751.1% |
| Gross operating margin | 9900 | €3,450 | €21,039 | +€17,589 | +509.8% |
| Operating profit (loss) | 9901 | -€43,243 | -€87,706 | -€44,463 | -102.8% |
| Financial charges | 65/66B | €447 | €139 | -€307 | -68.8% |
| Recurring financial charges | 65 | €447 | €139 | -€307 | -68.8% |
| Profit (loss) for the period before taxes | 9903 | -€43,690 | -€87,846 | -€44,156 | -101.1% |
| Profit (loss) for the period | 9904 | -€43,690 | -€87,846 | -€44,156 | -101.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€43,690 | -€87,846 | -€44,156 | -101.1% |
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 8 October 2026 via checked.be.