KEBRA: 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.
KEBRA
Largest movements
- Receivables within one year +€11,522
up €11,522 (+7.7%), from €148,716 to €160,238
of which Trade receivables: +€11,472
- Cash -€5,464
down €5,464 (-71.6%), from €7,630 to €2,165
mainly Receivables within one year (-€11,522) and Accrued charges and deferred income (-€384)
- Profit (loss) carried forward +€5,178
up €5,178 (+92.9%), from -€5,574 to -€396
- Trade debts +€2,388
new in 2025: €2,388
- Gross operating margin +€6,080
up €6,080, from -€373 to €5,707
- Other operating charges +€970
up €970 (+148.0%), from €655 to €1,624
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 | €156,346 | €162,404 | +€6,058 | +3.9% |
| Current assets | 29/58 | €156,346 | €162,404 | +€6,058 | +3.9% |
| Amounts receivable within one year | 40/41 | €148,716 | €160,238 | +€11,522 | +7.7% |
| Trade receivables | 40 | €147,953 | €159,425 | +€11,472 | +7.8% |
| Other amounts receivable | 41 | €763 | €813 | +€50 | +6.6% |
| Cash at bank and in hand | 54/58 | €7,630 | €2,165 | -€5,464 | -71.6% |
| Total equity and liabilities | 10/49 | €156,346 | €162,404 | +€6,058 | +3.9% |
| Equity | 10/15 | €120,243 | €124,297 | +€4,054 | +3.4% |
| Contributions | 10/11 | €113,833 | €113,833 | = | 0.0% |
| Reserves | 13 | €11,984 | €10,860 | -€1,124 | -9.4% |
| Non-distributable reserves | 130/1 | €10,860 | €10,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €10,860 | €10,860 | = | 0.0% |
| Distributable reserves | 133 | €1,124 | €0 | -€1,124 | -100.0% |
| Profit (loss) carried forward | 14 | -€5,574 | -€396 | +€5,178 | +92.9% |
| Amounts payable | 17/49 | €36,103 | €38,107 | +€2,004 | +5.5% |
| Amounts payable within one year | 42/48 | €35,719 | €38,107 | +€2,388 | +6.7% |
| Trade debts | 44 | - | €2,388 | +€2,388 | |
| Suppliers | 440/4 | - | €2,388 | +€2,388 | |
| Other amounts payable | 47/48 | €35,719 | €35,719 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €384 | €0 | -€384 | -100.0% |
| Other operating charges | 640/8 | €655 | €1,624 | +€970 | +148.0% |
| Gross operating margin | 9900 | -€373 | €5,707 | +€6,080 | |
| Operating profit (loss) | 9901 | -€1,028 | €4,083 | +€5,110 | |
| Financial charges | 65/66B | €24 | €29 | +€5 | +18.8% |
| Recurring financial charges | 65 | €24 | €29 | +€5 | +18.8% |
| Non-recurring financial charges | 66B | €24 | - | -€24 | |
| Profit (loss) for the period before taxes | 9903 | -€1,052 | €4,054 | +€5,106 | |
| Profit (loss) for the period | 9904 | -€1,052 | €4,054 | +€5,106 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,052 | €4,054 | +€5,106 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.