KBS: 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.
KBS
Largest movements
- Receivables within one year -€8,151
no longer reported in 2025 (was €8,151)
- Tangible fixed assets -€1,477
down €1,477 (-70.2%), from €2,104 to €627
of which Furniture and vehicles: -€1,277
- Stocks and contracts -€1,151
down €1,151 (-29.1%), from €3,959 to €2,808
- Cash +€1,119
up €1,119 (+27.3%), from €4,105 to €5,223
mainly Debts after one year (+€17,877) and Receivables within one year (+€8,151)
- Contributions -€18,478
down €18,478 (-49.8%), from €37,078 to €18,600
- Debts after one year +€17,877
new in 2025: €17,877
- Trade debts -€11,554
down €11,554 (-80.0%), from €14,442 to €2,888
- Profit (loss) carried forward +€2,674
up €2,674 (+6.3%), from -€42,279 to -€39,605
- Turnover +€35,727
up €35,727 (+20.0%), from €178,513 to €214,240
- Purchases and services +€27,004
up €27,004 (+15.0%), from €179,462 to €206,466
- Gross operating margin +€10,172
up €10,172 (+526.6%), from €1,932 to €12,104
- Staff costs +€3,319
up €3,319 (+456.2%), from €728 to €4,047
From the 31-12-2024 result to the 31-12-2025 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 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €19,919 | €10,258 | -€9,660 | -48.5% |
| Fixed assets | 21/28 | €3,704 | €2,227 | -€1,477 | -39.9% |
| Tangible fixed assets | 22/27 | €2,104 | €627 | -€1,477 | -70.2% |
| Plant, machinery and equipment | 23 | €827 | €627 | -€200 | -24.2% |
| Furniture and vehicles | 24 | €1,277 | - | -€1,277 | |
| Financial fixed assets | 28 | €1,600 | €1,600 | = | 0.0% |
| Current assets | 29/58 | €16,215 | €8,032 | -€8,183 | -50.5% |
| Stocks and contracts in progress | 3 | €3,959 | €2,808 | -€1,151 | -29.1% |
| Stocks | 30/36 | €3,959 | €2,808 | -€1,151 | -29.1% |
| Amounts receivable within one year | 40/41 | €8,151 | - | -€8,151 | |
| Trade receivables | 40 | €8,151 | - | -€8,151 | |
| Cash at bank and in hand | 54/58 | €4,105 | €5,223 | +€1,119 | +27.3% |
| Total equity and liabilities | 10/49 | €19,919 | €10,258 | -€9,660 | -48.5% |
| Equity | 10/15 | €2,455 | -€13,349 | -€15,803 | |
| Contributions | 10/11 | €37,078 | €18,600 | -€18,478 | -49.8% |
| Reserves | 13 | €7,656 | €7,656 | = | 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% |
| Distributable reserves | 133 | €5,796 | €5,796 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€42,279 | -€39,605 | +€2,674 | +6.3% |
| Amounts payable | 17/49 | €17,464 | €23,607 | +€6,143 | +35.2% |
| Amounts payable after more than one year | 17 | - | €17,877 | +€17,877 | |
| Other amounts payable | 178/9 | - | €17,877 | +€17,877 | |
| Amounts payable within one year | 42/48 | €17,464 | €5,731 | -€11,734 | -67.2% |
| Trade debts | 44 | €14,442 | €2,888 | -€11,554 | -80.0% |
| Suppliers | 440/4 | €14,442 | €2,888 | -€11,554 | -80.0% |
| Taxes, remuneration and social security | 45 | €2,673 | €2,494 | -€180 | -6.7% |
| Taxes | 450/3 | €1,629 | €1,230 | -€398 | -24.5% |
| Remuneration and social security | 454/9 | €1,045 | €1,264 | +€219 | +21.0% |
| Other amounts payable | 47/48 | €349 | €349 | = | 0.0% |
| Turnover | 70 | €178,513 | €214,240 | +€35,727 | +20.0% |
| Non-recurring operating income | 76A | - | €818 | +€818 | |
| Goods, raw materials, services and sundry goods | 60/61 | €179,462 | €206,466 | +€27,004 | +15.0% |
| Remuneration, social security and pensions | 62 | €728 | €4,047 | +€3,319 | +456.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,305 | €1,477 | +€172 | +13.2% |
| Other operating charges | 640/8 | €2,076 | €3,651 | +€1,574 | +75.8% |
| Gross operating margin | 9900 | €1,932 | €12,104 | +€10,172 | +526.6% |
| Operating profit (loss) | 9901 | -€2,177 | €2,930 | +€5,107 | |
| Financial charges | 65/66B | €116 | €152 | +€36 | +31.0% |
| Recurring financial charges | 65 | €116 | €152 | +€36 | +31.0% |
| Profit (loss) for the period before taxes | 9903 | -€2,293 | €2,778 | +€5,071 | |
| Income taxes | 67/77 | €132 | €104 | -€28 | -21.2% |
| Profit (loss) for the period | 9904 | -€2,424 | €2,674 | +€5,099 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,424 | €2,674 | +€5,099 |
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 3 October 2026 via checked.be.