KBN CORPORATION: what changed
KBN CORPORATION
Largest movements
- Receivables within one year -€7,206
down €7,206 (-31.5%), from €22,857 to €15,651
of which Other amounts receivable: -€17,617
- Tangible fixed assets -€6,343
down €6,343 (-55.1%), from €11,505 to €5,162
- Cash -€1,260
down €1,260 (-30.0%), from €4,204 to €2,944
mainly Debts after one year (-€6,115) and Net result for the year (-€4,993)
- Debts after one year -€6,115
down €6,115 (-96.5%), from €6,335 to €220
- Profit (loss) carried forward -€4,993
down €4,993 (-91.0%), from €5,488 to €495
- Tax, wage and social debts -€3,221
down €3,221 (-68.1%), from €4,730 to €1,509
- Trade debts -€859
down €859 (-99.0%), from €868 to €9
- Other debts +€517
new in 2025: €517
- Gross operating margin -€3,483
down €3,483 (-53.2%), from €6,547 to €3,064
- Financial income -€541
down €541 (-99.9%), from €541 to €1
- Other operating charges +€407
up €407 (+176%), from €231 to €638
- Financial charges -€259
down €259 (-29.1%), from €890 to €631
- Taxes -€181
down €181 (-45.1%), from €402 to €221
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 | €38,566 | €23,757 | -€14,809 | -38.4% |
| Fixed assets | 21/28 | €11,505 | €5,162 | -€6,343 | -55.1% |
| Tangible fixed assets | 22/27 | €11,505 | €5,162 | -€6,343 | -55.1% |
| Furniture and vehicles | 24 | €11,505 | €5,162 | -€6,343 | -55.1% |
| Current assets | 29/58 | €27,061 | €18,595 | -€8,466 | -31.3% |
| Amounts receivable within one year | 40/41 | €22,857 | €15,651 | -€7,206 | -31.5% |
| Trade receivables | 40 | €5,240 | €15,651 | +€10,411 | +199% |
| Other amounts receivable | 41 | €17,617 | - | -€17,617 | |
| Cash at bank and in hand | 54/58 | €4,204 | €2,944 | -€1,260 | -30.0% |
| Total equity and liabilities | 10/49 | €38,566 | €23,757 | -€14,809 | -38.4% |
| Equity | 10/15 | €20,488 | €15,495 | -€4,993 | -24.4% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,488 | €495 | -€4,993 | -91.0% |
| Amounts payable | 17/49 | €18,078 | €8,262 | -€9,816 | -54.3% |
| Amounts payable after more than one year | 17 | €6,335 | €220 | -€6,115 | -96.5% |
| Financial debts | 170/4 | €6,335 | €220 | -€6,115 | -96.5% |
| Amounts payable within one year | 42/48 | €11,743 | €8,043 | -€3,701 | -31.5% |
| Current portion of amounts payable after more than one year | 42 | €6,145 | €6,007 | -€138 | -2.2% |
| Trade debts | 44 | €868 | €9 | -€859 | -99.0% |
| Suppliers | 440/4 | €868 | €9 | -€859 | -99.0% |
| Taxes, remuneration and social security | 45 | €4,730 | €1,509 | -€3,221 | -68.1% |
| Taxes | 450/3 | €4,730 | €1,509 | -€3,221 | -68.1% |
| Other amounts payable | 47/48 | - | €517 | +€517 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,340 | €6,343 | +€3 | 0.0% |
| Other operating charges | 640/8 | €231 | €638 | +€407 | +176% |
| Non-recurring operating charges | 66A | - | €224 | +€224 | |
| Gross operating margin | 9900 | €6,547 | €3,064 | -€3,483 | -53.2% |
| Operating profit (loss) | 9901 | -€24 | -€4,142 | -€4,118 | -17,434% |
| Financial income | 75/76B | €541 | €1 | -€541 | -99.9% |
| Recurring financial income | 75 | €541 | €1 | -€541 | -99.9% |
| Financial charges | 65/66B | €890 | €631 | -€259 | -29.1% |
| Recurring financial charges | 65 | €890 | €631 | -€259 | -29.1% |
| Profit (loss) for the period before taxes | 9903 | -€373 | -€4,772 | -€4,400 | -1,181% |
| Income taxes | 67/77 | €402 | €221 | -€181 | -45.1% |
| Profit (loss) for the period | 9904 | -€775 | -€4,993 | -€4,218 | -544% |
| Profit (loss) for the period to be appropriated | 9905 | -€775 | -€4,993 | -€4,218 | -544% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.