KBNCM SERVICES: 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.
KBNCM SERVICES
Largest movements
- Tangible fixed assets -€10,114
down €10,114 (-50.1%), from €20,200 to €10,086
- Intangible fixed assets -€2,975
no longer reported in 2025 (was €2,975)
- Receivables within one year +€2,860
up €2,860 (+208%), from €1,377 to €4,237
of which Trade receivables: +€3,793
- Cash +€2,252
up €2,252 (+220%), from €1,026 to €3,278
mainly Depreciation (+€13,089) and Advances received (+€3,715)
- Profit (loss) carried forward -€8,128
down €8,128 (-20.3%), from -€40,082 to -€48,211
- Current portion of long-term debt -€4,530
no longer reported in 2025 (was €4,530)
- Advances received +€3,715
up €3,715 (+1,582%), from €235 to €3,950
- Other debts +€726
up €726 (+1.5%), from €46,930 to €47,657
- Depreciation -€3,474
down €3,474 (-21.0%), from €16,563 to €13,089
- Gross operating margin -€2,565
down €2,565 (-32.4%), from €7,926 to €5,361
- Other operating charges -€481
down €481 (-77.6%), from €619 to €139
- Financial charges -€153
down €153 (-36.9%), from €415 to €262
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 | €26,406 | €18,430 | -€7,977 | -30.2% |
| Fixed assets | 21/28 | €23,325 | €10,236 | -€13,089 | -56.1% |
| Intangible fixed assets | 21 | €2,975 | - | -€2,975 | |
| Tangible fixed assets | 22/27 | €20,200 | €10,086 | -€10,114 | -50.1% |
| Furniture and vehicles | 24 | €20,200 | €10,086 | -€10,114 | -50.1% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €3,082 | €8,194 | +€5,112 | +166% |
| Amounts receivable within one year | 40/41 | €1,377 | €4,237 | +€2,860 | +208% |
| Trade receivables | 40 | €396 | €4,190 | +€3,793 | +957% |
| Other amounts receivable | 41 | €981 | €47 | -€934 | -95.2% |
| Cash at bank and in hand | 54/58 | €1,026 | €3,278 | +€2,252 | +220% |
| Deferred charges and accrued income | 490/1 | €679 | €679 | = | 0.0% |
| Total equity and liabilities | 10/49 | €26,406 | €18,430 | -€7,977 | -30.2% |
| Equity | 10/15 | -€25,822 | -€33,951 | -€8,128 | -31.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€40,082 | -€48,211 | -€8,128 | -20.3% |
| Amounts payable | 17/49 | €52,228 | €52,380 | +€152 | +0.3% |
| Amounts payable within one year | 42/48 | €52,228 | €52,380 | +€152 | +0.3% |
| Current portion of amounts payable after more than one year | 42 | €4,530 | - | -€4,530 | |
| Trade debts | 44 | €533 | €774 | +€241 | +45.2% |
| Suppliers | 440/4 | €533 | €774 | +€241 | +45.2% |
| Advances received on contracts in progress | 46 | €235 | €3,950 | +€3,715 | +1,582% |
| Other amounts payable | 47/48 | €46,930 | €47,657 | +€726 | +1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,563 | €13,089 | -€3,474 | -21.0% |
| Other operating charges | 640/8 | €619 | €139 | -€481 | -77.6% |
| Gross operating margin | 9900 | €7,926 | €5,361 | -€2,565 | -32.4% |
| Operating profit (loss) | 9901 | -€9,256 | -€7,866 | +€1,390 | +15.0% |
| Financial charges | 65/66B | €415 | €262 | -€153 | -36.9% |
| Recurring financial charges | 65 | €415 | €262 | -€153 | -36.9% |
| Profit (loss) for the period before taxes | 9903 | -€9,671 | -€8,128 | +€1,543 | +16.0% |
| Profit (loss) for the period | 9904 | -€9,671 | -€8,128 | +€1,543 | +16.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,671 | -€8,128 | +€1,543 | +16.0% |
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 19 October 2026 via checked.be.