KEBA: 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.
KEBA
Largest movements
- Cash -€2,886
down €2,886 (-8.8%), from €32,835 to €29,949
mainly Net result for the year (-€6,498) and Stocks and contracts (-€100)
- Receivables within one year -€634
down €634 (-47.8%), from €1,326 to €692
- Profit (loss) carried forward -€6,498
down €6,498 (-16.1%), from -€40,347 to -€46,845
- Other debts +€2,535
up €2,535 (+23.6%), from €10,733 to €13,268
- Trade debts +€563
up €563 (+392.3%), from €144 to €706
- Gross operating margin +€1,172
up €1,172 (+16.3%), from -€7,180 to -€6,008
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 | €38,730 | €35,329 | -€3,401 | -8.8% |
| Fixed assets | 21/28 | €793 | €793 | = | 0.0% |
| Tangible fixed assets | 22/27 | €793 | €793 | = | 0.0% |
| Land and buildings | 22 | €793 | €793 | = | 0.0% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €37,937 | €34,536 | -€3,401 | -9.0% |
| Stocks and contracts in progress | 3 | €3,341 | €3,442 | +€100 | +3.0% |
| Stocks | 30/36 | €3,341 | €3,442 | +€100 | +3.0% |
| Amounts receivable within one year | 40/41 | €1,326 | €692 | -€634 | -47.8% |
| Other amounts receivable | 41 | €1,326 | €692 | -€634 | -47.8% |
| Cash at bank and in hand | 54/58 | €32,835 | €29,949 | -€2,886 | -8.8% |
| Deferred charges and accrued income | 490/1 | €434 | €454 | +€19 | +4.4% |
| Total equity and liabilities | 10/49 | €38,730 | €35,329 | -€3,401 | -8.8% |
| Equity | 10/15 | €27,853 | €21,355 | -€6,498 | -23.3% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€40,347 | -€46,845 | -€6,498 | -16.1% |
| Amounts payable | 17/49 | €10,877 | €13,974 | +€3,098 | +28.5% |
| Amounts payable within one year | 42/48 | €10,877 | €13,974 | +€3,098 | +28.5% |
| Trade debts | 44 | €144 | €706 | +€563 | +392.3% |
| Suppliers | 440/4 | €144 | €706 | +€563 | +392.3% |
| Taxes, remuneration and social security | 45 | - | €0 | = | |
| Taxes | 450/3 | - | €0 | = | |
| Other amounts payable | 47/48 | €10,733 | €13,268 | +€2,535 | +23.6% |
| Other operating charges | 640/8 | €515 | €527 | +€12 | +2.4% |
| Gross operating margin | 9900 | -€7,180 | -€6,008 | +€1,172 | +16.3% |
| Operating profit (loss) | 9901 | -€7,695 | -€6,535 | +€1,160 | +15.1% |
| Financial income | 75/76B | €235 | €173 | -€62 | -26.5% |
| Recurring financial income | 75 | €235 | €173 | -€62 | -26.5% |
| Financial charges | 65/66B | €169 | €136 | -€33 | -19.7% |
| Recurring financial charges | 65 | €169 | €136 | -€33 | -19.7% |
| Profit (loss) for the period before taxes | 9903 | -€7,629 | -€6,498 | +€1,131 | +14.8% |
| Income taxes | 67/77 | -€20 | €0 | +€20 | |
| Profit (loss) for the period | 9904 | -€7,609 | -€6,498 | +€1,111 | +14.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,609 | -€6,498 | +€1,111 | +14.6% |
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 1 October 2026 via checked.be.