KERAB: what changed
What changed
KERAB
NACE 69.101, Activities of lawyers
filed annual accounts (NBB)
Net result for the year
€59,398
2024 · €45,761+€13,637
Equity
€118,011
2024 · €59,445+€58,565
Cash
€32,965
2024 · €34,236-€1,271
Balance sheet total
€152,411
2024 · €101,275+€51,136
Largest movements
Assets
- Current investments +€60,000
new in 2025: €60,000
- Tangible fixed assets -€7,373
down €7,373 (-20.2%), from €36,564 to €29,190
Equity and liabilities
- Profit (loss) carried forward +€58,565
up €58,565 (+130%), from €44,928 to €103,494
- Debts after one year -€6,502
down €6,502 (-23.7%), from €27,427 to €20,925
- Tax, wage and social debts +€2,443
up €2,443 (+69.1%), from €3,535 to €5,978
- Other debts -€2,117
down €2,117 (-71.8%), from €2,950 to €833
Income statement
- Gross operating margin +€30,578
up €30,578 (+52.8%), from €57,927 to €88,505
- Taxes +€9,079
up €9,079 (+77.4%), from €11,727 to €20,806
- Depreciation +€7,070
up €7,070 (+2,333%), from €303 to €7,373
- Financial charges +€1,112
up €1,112 (+820%), from €136 to €1,248
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.
Result 2024
€45,761
Gross operating margin
+€30,578
Depreciation
-€7,070
Other operating charges
-€120
Financial income
+€440
Financial charges
-€1,112
Taxes
-€9,079
Result 2025
€59,398
raises the resultlowers the result
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.
From operations
+€65,840
Investment
-€60,000
Financing
-€7,112
Cash 2024
€34,236
From operations (derived)
+€65,840
Net result for the year
+€59,398
Depreciation
+€7,373
Receivables within one year
-€1,169
Deferred charges and accrued income
+€1,389
Trade debts
-€1,477
Tax, wage and social debts
+€2,443
Other debts
-€2,117
Investment (derived)
-€60,000
Current investments
-€60,000
Financing
-€7,112
Debts after one year
-€6,502
Current portion of long-term debt
+€223
Contributions, distributions and other
-€833
Cash 2025
€32,965
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €101,275 | €152,411 | +€51,136 | +50.5% |
| Fixed assets | 21/28 | €36,564 | €29,190 | -€7,373 | -20.2% |
| Tangible fixed assets | 22/27 | €36,564 | €29,190 | -€7,373 | -20.2% |
| Furniture and vehicles | 24 | €36,564 | €29,190 | -€7,373 | -20.2% |
| Current assets | 29/58 | €64,711 | €123,220 | +€58,509 | +90.4% |
| Amounts receivable within one year | 40/41 | €28,730 | €29,899 | +€1,169 | +4.1% |
| Trade receivables | 40 | €28,730 | €25,422 | -€3,308 | -11.5% |
| Other amounts receivable | 41 | - | €4,477 | +€4,477 | |
| Current investments | 50/53 | - | €60,000 | +€60,000 | |
| Cash at bank and in hand | 54/58 | €34,236 | €32,965 | -€1,271 | -3.7% |
| Deferred charges and accrued income | 490/1 | €1,746 | €357 | -€1,389 | -79.5% |
| Total equity and liabilities | 10/49 | €101,275 | €152,411 | +€51,136 | +50.5% |
| Equity | 10/15 | €59,445 | €118,011 | +€58,565 | +98.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €12,517 | €12,517 | = | 0.0% |
| Distributable reserves | 133 | €12,517 | €12,517 | = | 0.0% |
| Profit (loss) carried forward | 14 | €44,928 | €103,494 | +€58,565 | +130% |
| Amounts payable | 17/49 | €41,830 | €34,400 | -€7,430 | -17.8% |
| Amounts payable after more than one year | 17 | €27,427 | €20,925 | -€6,502 | -23.7% |
| Financial debts | 170/4 | €27,427 | €20,925 | -€6,502 | -23.7% |
| Amounts payable within one year | 42/48 | €14,403 | €13,475 | -€928 | -6.4% |
| Current portion of amounts payable after more than one year | 42 | €6,279 | €6,502 | +€223 | +3.6% |
| Trade debts | 44 | €1,639 | €162 | -€1,477 | -90.1% |
| Suppliers | 440/4 | €1,639 | €162 | -€1,477 | -90.1% |
| Taxes, remuneration and social security | 45 | €3,535 | €5,978 | +€2,443 | +69.1% |
| Taxes | 450/3 | €3,535 | €5,978 | +€2,443 | +69.1% |
| Other amounts payable | 47/48 | €2,950 | €833 | -€2,117 | -71.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €303 | €7,373 | +€7,070 | +2,333% |
| Other operating charges | 640/8 | - | €120 | +€120 | |
| Gross operating margin | 9900 | €57,927 | €88,505 | +€30,578 | +52.8% |
| Operating profit (loss) | 9901 | €57,624 | €81,012 | +€23,388 | +40.6% |
| Financial income | 75/76B | - | €440 | +€440 | |
| Recurring financial income | 75 | - | €440 | +€440 | |
| Financial charges | 65/66B | €136 | €1,248 | +€1,112 | +820% |
| Recurring financial charges | 65 | €136 | €1,248 | +€1,112 | +820% |
| Profit (loss) for the period before taxes | 9903 | €57,488 | €80,204 | +€22,716 | +39.5% |
| Income taxes | 67/77 | €11,727 | €20,806 | +€9,079 | +77.4% |
| Profit (loss) for the period | 9904 | €45,761 | €59,398 | +€13,637 | +29.8% |
| Profit (loss) for the period to be appropriated | 9905 | €45,761 | €59,398 | +€13,637 | +29.8% |
Next steps
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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.