KBOmc: 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.
KBOmc
Largest movements
- Cash +€61,072
up €61,072 (+76.2%), from €80,158 to €141,230
mainly Net result for the year (+€86,840) and Trade debts (+€554)
- Receivables within one year +€24,691
up €24,691 (+109.3%), from €22,600 to €47,291
- Profit (loss) carried forward +€86,840
up €86,840 (+121.3%), from €71,593 to €158,434
- Gross operating margin +€22,013
up €22,013 (+23.7%), from €92,886 to €114,899
- Taxes +€6,060
up €6,060 (+31.5%), from €19,268 to €25,328
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 | €106,853 | €194,572 | +€87,719 | +82.1% |
| Fixed assets | 21/28 | €2,130 | €3,630 | +€1,500 | +70.4% |
| Tangible fixed assets | 22/27 | €2,130 | €3,630 | +€1,500 | +70.4% |
| Land and buildings | 22 | €992 | €891 | -€100 | -10.1% |
| Plant, machinery and equipment | 23 | €1,139 | €2,739 | +€1,600 | +140.5% |
| Current assets | 29/58 | €104,723 | €190,942 | +€86,219 | +82.3% |
| Amounts receivable within one year | 40/41 | €22,600 | €47,291 | +€24,691 | +109.3% |
| Trade receivables | 40 | €22,600 | €47,291 | +€24,691 | +109.3% |
| Cash at bank and in hand | 54/58 | €80,158 | €141,230 | +€61,072 | +76.2% |
| Deferred charges and accrued income | 490/1 | €1,966 | €2,421 | +€455 | +23.1% |
| Total equity and liabilities | 10/49 | €106,853 | €194,572 | +€87,719 | +82.1% |
| Equity | 10/15 | €76,593 | €163,434 | +€86,840 | +113.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €71,593 | €158,434 | +€86,840 | +121.3% |
| Amounts payable | 17/49 | €30,260 | €31,138 | +€879 | +2.9% |
| Amounts payable within one year | 42/48 | €30,260 | €31,138 | +€879 | +2.9% |
| Trade debts | 44 | €4,309 | €4,864 | +€554 | +12.9% |
| Suppliers | 440/4 | €4,309 | €4,864 | +€554 | +12.9% |
| Taxes, remuneration and social security | 45 | €25,951 | €26,245 | +€294 | +1.1% |
| Taxes | 450/3 | €22,476 | €22,836 | +€360 | +1.6% |
| Remuneration and social security | 454/9 | €3,475 | €3,409 | -€66 | -1.9% |
| Other amounts payable | 47/48 | - | €30 | +€30 | |
| Remuneration, social security and pensions | 62 | €1,265 | €1,768 | +€503 | +39.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €188 | €486 | +€298 | +158.6% |
| Other operating charges | 640/8 | €242 | €288 | +€46 | +19.1% |
| Gross operating margin | 9900 | €92,886 | €114,899 | +€22,013 | +23.7% |
| Operating profit (loss) | 9901 | €91,192 | €112,357 | +€21,166 | +23.2% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €330 | €189 | -€141 | -42.8% |
| Recurring financial charges | 65 | €330 | €183 | -€148 | -44.7% |
| Non-recurring financial charges | 66B | - | €6 | +€6 | |
| Profit (loss) for the period before taxes | 9903 | €90,861 | €112,168 | +€21,307 | +23.5% |
| Income taxes | 67/77 | €19,268 | €25,328 | +€6,060 | +31.5% |
| Profit (loss) for the period | 9904 | €71,593 | €86,840 | +€15,247 | +21.3% |
| Profit (loss) for the period to be appropriated | 9905 | €71,593 | €86,840 | +€15,247 | +21.3% |
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 7 October 2026 via checked.be.