KEBAB POWER: what changed
KEBAB POWER
Largest movements
- Cash -€23,902
down €23,902 (-39.7%), from €60,187 to €36,285
mainly Net result for the year (-€20,013) and Receivables within one year (-€16,930)
- Receivables within one year +€16,930
up €16,930 (+24,186%), from €70 to €17,000
of which Trade receivables: +€17,000
- Stocks and contracts +€2,563
up €2,563, from €0 to €2,563
- Profit (loss) carried forward -€20,013
down €20,013 (-179%), from -€11,157 to -€31,170
- Trade debts +€8,782
up €8,782 (+13.7%), from €63,987 to €72,769
- Tax, wage and social debts +€6,403
up €6,403 (+85.6%), from €7,476 to €13,879
- Gross operating margin +€14,383
up €14,383, from -€5,299 to €9,084
- Taxes -€240
down €240 (-22.0%), from €1,092 to €852
- Other operating charges -€161
down €161 (-2.9%), from €5,492 to €5,331
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €66,507 | €61,678 | -€4,829 | -7.3% |
| Fixed assets | 21/28 | €6,250 | €5,830 | -€420 | -6.7% |
| Tangible fixed assets | 22/27 | €3,780 | €3,360 | -€420 | -11.1% |
| Plant, machinery and equipment | 23 | €3,780 | €3,360 | -€420 | -11.1% |
| Financial fixed assets | 28 | €2,470 | €2,470 | = | 0.0% |
| Current assets | 29/58 | €60,257 | €55,848 | -€4,409 | -7.3% |
| Stocks and contracts in progress | 3 | €0 | €2,563 | +€2,563 | |
| Stocks | 30/36 | €0 | €2,563 | +€2,563 | |
| Amounts receivable within one year | 40/41 | €70 | €17,000 | +€16,930 | +24,186% |
| Trade receivables | 40 | - | €17,000 | +€17,000 | |
| Other amounts receivable | 41 | €70 | - | -€70 | |
| Cash at bank and in hand | 54/58 | €60,187 | €36,285 | -€23,902 | -39.7% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €66,507 | €61,678 | -€4,829 | -7.3% |
| Equity | 10/15 | -€4,957 | -€24,970 | -€20,013 | -404% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,157 | -€31,170 | -€20,013 | -179% |
| Amounts payable | 17/49 | €71,464 | €86,648 | +€15,184 | +21.2% |
| Amounts payable after more than one year | 17 | €1 | - | -€1 | |
| Financial debts | 170/4 | €1 | - | -€1 | |
| Amounts payable within one year | 42/48 | €71,463 | €86,648 | +€15,185 | +21.2% |
| Trade debts | 44 | €63,987 | €72,769 | +€8,782 | +13.7% |
| Suppliers | 440/4 | €63,987 | €72,769 | +€8,782 | +13.7% |
| Taxes, remuneration and social security | 45 | €7,476 | €13,879 | +€6,403 | +85.6% |
| Taxes | 450/3 | €7,476 | €13,879 | +€6,403 | +85.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €420 | €420 | = | 0.0% |
| Other operating charges | 640/8 | €5,492 | €5,331 | -€161 | -2.9% |
| Non-recurring operating charges | 66A | - | €22,418 | +€22,418 | |
| Gross operating margin | 9900 | -€5,299 | €9,084 | +€14,383 | |
| Operating profit (loss) | 9901 | -€11,211 | -€19,085 | -€7,874 | -70.2% |
| Financial charges | 65/66B | €78 | €76 | -€2 | -2.6% |
| Recurring financial charges | 65 | €78 | €76 | -€2 | -2.6% |
| Profit (loss) for the period before taxes | 9903 | -€11,289 | -€19,161 | -€7,872 | -69.7% |
| Income taxes | 67/77 | €1,092 | €852 | -€240 | -22.0% |
| Profit (loss) for the period | 9904 | -€12,381 | -€20,013 | -€7,632 | -61.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,381 | -€20,013 | -€7,632 | -61.6% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.