KBL Agency: what changed
You see two financial years side by side: what moved most in the balance sheet and the result, why the result rose or fell and where the money went.
KBL Agency
Largest movements
- Cash -€916
no longer reported in 2025 (was €916)
mainly Investment in fixed assets (net) (-€1,304) and Receivables within one year (-€773)
- Receivables within one year +€773
up €773 (+143%), from €538 to €1,311
of which Trade receivables: +€1,001
- Tangible fixed assets +€369
up €369 (+19.8%), from €1,864 to €2,233
- Current investments +€149
new in 2025: €149
- Accrued charges and deferred income +€400
new in 2025: €400
- Profit (loss) carried forward -€168
down €168 (-16.5%), from €1,019 to €851
- Trade debts +€144
up €144 (+1,980%), from €7 to €151
- Gross operating margin -€1,480
down €1,480 (-59.6%), from €2,484 to €1,004
- Taxes -€480
no longer reported in 2025 (was €480)
- Depreciation +€243
up €243 (+35.1%), from €692 to €935
- Financial charges +€100
up €100 (+72.4%), from €138 to €238
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,318 | €3,693 | +€375 | +11.3% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €1,864 | €2,233 | +€369 | +19.8% |
| Tangible fixed assets | 22/27 | €1,864 | €2,233 | +€369 | +19.8% |
| Furniture and vehicles | 24 | €1,864 | €2,233 | +€369 | +19.8% |
| Current assets | 29/58 | €1,454 | €1,460 | +€6 | +0.4% |
| Amounts receivable within one year | 40/41 | €538 | €1,311 | +€773 | +143% |
| Trade receivables | 40 | - | €1,001 | +€1,001 | |
| Other amounts receivable | 41 | €538 | €310 | -€229 | -42.5% |
| Current investments | 50/53 | - | €149 | +€149 | |
| Cash at bank and in hand | 54/58 | €916 | - | -€916 | |
| Total equity and liabilities | 10/49 | €3,318 | €3,693 | +€375 | +11.3% |
| Equity | 10/15 | €2,519 | €2,351 | -€168 | -6.7% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,019 | €851 | -€168 | -16.5% |
| Amounts payable | 17/49 | €799 | €1,342 | +€543 | +68.0% |
| Amounts payable within one year | 42/48 | €799 | €942 | +€144 | +18.0% |
| Trade debts | 44 | €7 | €151 | +€144 | +1,980% |
| Suppliers | 440/4 | €7 | €151 | +€144 | +1,980% |
| Taxes, remuneration and social security | 45 | €480 | €480 | = | 0.0% |
| Taxes | 450/3 | €480 | €480 | = | 0.0% |
| Other amounts payable | 47/48 | €311 | €311 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €400 | +€400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €692 | €935 | +€243 | +35.1% |
| Gross operating margin | 9900 | €2,484 | €1,004 | -€1,480 | -59.6% |
| Operating profit (loss) | 9901 | €1,792 | €70 | -€1,722 | -96.1% |
| Financial charges | 65/66B | €138 | €238 | +€100 | +72.4% |
| Recurring financial charges | 65 | €138 | €238 | +€100 | +72.4% |
| Profit (loss) for the period before taxes | 9903 | €1,654 | -€168 | -€1,822 | |
| Income taxes | 67/77 | €480 | - | -€480 | |
| Profit (loss) for the period | 9904 | €1,174 | -€168 | -€1,343 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,174 | -€168 | -€1,343 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.