KBS: 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.
KBS
Largest movements
- Receivables within one year +€4,631
up €4,631 (+64.1%), from €7,226 to €11,858
of which Trade receivables: +€3,016
- Cash +€2,208
up €2,208 (+229.7%), from €961 to €3,169
mainly Trade debts (+€6,480) and Tax, wage and social debts (+€3,233)
- Tangible fixed assets -€1,162
down €1,162 (-27.4%), from €4,235 to €3,073
of which Plant, machinery and equipment: -€912
- Deferred charges and accrued income +€559
new in 2025: €559
- Stocks and contracts +€280
up €280 (+3.8%), from €7,354 to €7,634
- Trade debts +€6,480
up €6,480 (+782.2%), from €828 to €7,309
- Tax, wage and social debts +€3,233
up €3,233 (+21.4%), from €15,128 to €18,361
of which Taxes: +€5,039
- Profit (loss) carried forward -€3,197
down €3,197 (-39.6%), from -€8,080 to -€11,277
- Gross operating margin -€15,803
down €15,803 (-9.8%), from €161,418 to €145,615
- Staff costs -€6,148
down €6,148 (-4.0%), from €152,180 to €146,032
- Financial charges -€2,095
down €2,095 (-82.0%), from €2,555 to €460
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 | €19,776 | €26,293 | +€6,516 | +33.0% |
| Fixed assets | 21/28 | €4,235 | €3,073 | -€1,162 | -27.4% |
| Tangible fixed assets | 22/27 | €4,235 | €3,073 | -€1,162 | -27.4% |
| Plant, machinery and equipment | 23 | €3,743 | €2,831 | -€912 | -24.4% |
| Furniture and vehicles | 24 | €492 | €242 | -€250 | -50.8% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €15,541 | €23,220 | +€7,678 | +49.4% |
| Stocks and contracts in progress | 3 | €7,354 | €7,634 | +€280 | +3.8% |
| Stocks | 30/36 | €7,354 | €7,634 | +€280 | +3.8% |
| Amounts receivable within one year | 40/41 | €7,226 | €11,858 | +€4,631 | +64.1% |
| Trade receivables | 40 | - | €3,016 | +€3,016 | |
| Other amounts receivable | 41 | €7,226 | €8,841 | +€1,615 | +22.3% |
| Cash at bank and in hand | 54/58 | €961 | €3,169 | +€2,208 | +229.7% |
| Deferred charges and accrued income | 490/1 | - | €559 | +€559 | |
| Total equity and liabilities | 10/49 | €19,776 | €26,293 | +€6,516 | +33.0% |
| Equity | 10/15 | €3,820 | €623 | -€3,197 | -83.7% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €7,900 | €7,900 | = | 0.0% |
| Non-distributable reserves | 130/1 | €400 | €400 | = | 0.0% |
| Reserves not available under the articles | 1311 | €400 | €400 | = | 0.0% |
| Distributable reserves | 133 | €7,500 | €7,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,080 | -€11,277 | -€3,197 | -39.6% |
| Amounts payable | 17/49 | €15,956 | €25,669 | +€9,713 | +60.9% |
| Amounts payable within one year | 42/48 | €15,956 | €25,669 | +€9,713 | +60.9% |
| Trade debts | 44 | €828 | €7,309 | +€6,480 | +782.2% |
| Suppliers | 440/4 | €828 | €7,309 | +€6,480 | +782.2% |
| Taxes, remuneration and social security | 45 | €15,128 | €18,361 | +€3,233 | +21.4% |
| Taxes | 450/3 | €5,213 | €10,252 | +€5,039 | +96.7% |
| Remuneration and social security | 454/9 | €9,915 | €8,109 | -€1,806 | -18.2% |
| Remuneration, social security and pensions | 62 | €152,180 | €146,032 | -€6,148 | -4.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,095 | €1,162 | +€67 | +6.1% |
| Other operating charges | 640/8 | €2,106 | €892 | -€1,214 | -57.7% |
| Gross operating margin | 9900 | €161,418 | €145,615 | -€15,803 | -9.8% |
| Operating profit (loss) | 9901 | €6,037 | -€2,471 | -€8,508 | |
| Financial income | 75/76B | €21 | €399 | +€378 | +1768.9% |
| Recurring financial income | 75 | €21 | €399 | +€378 | +1768.9% |
| Financial charges | 65/66B | €2,555 | €460 | -€2,095 | -82.0% |
| Recurring financial charges | 65 | €2,555 | €460 | -€2,095 | -82.0% |
| Profit (loss) for the period before taxes | 9903 | €3,503 | -€2,532 | -€6,035 | |
| Income taxes | 67/77 | €73 | €665 | +€592 | +811.6% |
| Profit (loss) for the period | 9904 | €3,430 | -€3,197 | -€6,627 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,430 | -€3,197 | -€6,627 |
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 10 October 2026 via checked.be.