KERABREE: what changed
Two financial 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.
KERABREE
Largest movements
- Receivables after one year +€24,346
up €24,346 (+16.2%), from €150,202 to €174,548
- Deferred charges and accrued income +€7,900
new in 2025: €7,900
- Cash +€6,128
up €6,128 (+74.0%), from €8,282 to €14,409
mainly Net result for the year (+€32,949) and Other debts (+€5,850)
- Reserves +€32,949
up €32,949 (+19.7%), from €167,348 to €200,297
- Other debts +€5,850
new in 2025: €5,850
- Depreciation -€30,000
down €30,000 (-100%), from €30,000 to €0
- Taxes +€7,683
up €7,683 (+232%), from €3,310 to €10,993
- Financial income +€5,687
up €5,687 (+216%), from €2,630 to €8,316
- Gross operating margin -€4,922
down €4,922 (-12.0%), from €41,162 to €36,240
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.
Derived cash bridge
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 | €177,393 | €217,027 | +€39,634 | +22.3% |
| Fixed assets | 21/28 | €0 | - | = | |
| Intangible fixed assets | 21 | €0 | - | = | |
| Current assets | 29/58 | €177,393 | €217,027 | +€39,634 | +22.3% |
| Amounts receivable after more than one year | 29 | €150,202 | €174,548 | +€24,346 | +16.2% |
| Other amounts receivable | 291 | €150,202 | €174,548 | +€24,346 | +16.2% |
| Amounts receivable within one year | 40/41 | €18,909 | €20,170 | +€1,261 | +6.7% |
| Trade receivables | 40 | €13,241 | €14,876 | +€1,635 | +12.3% |
| Other amounts receivable | 41 | €5,669 | €5,294 | -€374 | -6.6% |
| Cash at bank and in hand | 54/58 | €8,282 | €14,409 | +€6,128 | +74.0% |
| Deferred charges and accrued income | 490/1 | - | €7,900 | +€7,900 | |
| Total equity and liabilities | 10/49 | €177,393 | €217,027 | +€39,634 | +22.3% |
| Equity | 10/15 | €173,545 | €206,495 | +€32,949 | +19.0% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €167,348 | €200,297 | +€32,949 | +19.7% |
| Distributable reserves | 133 | €167,348 | €200,297 | +€32,949 | +19.7% |
| Amounts payable | 17/49 | €3,848 | €10,532 | +€6,684 | +174% |
| Amounts payable within one year | 42/48 | €3,848 | €10,532 | +€6,684 | +174% |
| Trade debts | 44 | €3,848 | €4,682 | +€834 | +21.7% |
| Suppliers | 440/4 | €3,848 | €4,682 | +€834 | +21.7% |
| Other amounts payable | 47/48 | - | €5,850 | +€5,850 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,000 | €0 | -€30,000 | -100% |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Gross operating margin | 9900 | €41,162 | €36,240 | -€4,922 | -12.0% |
| Operating profit (loss) | 9901 | €10,657 | €35,721 | +€25,064 | +235% |
| Financial income | 75/76B | €2,630 | €8,316 | +€5,687 | +216% |
| Recurring financial income | 75 | €2,630 | €8,316 | +€5,687 | +216% |
| Financial charges | 65/66B | €46 | €95 | +€48 | +104% |
| Recurring financial charges | 65 | €46 | €95 | +€48 | +104% |
| Profit (loss) for the period before taxes | 9903 | €13,240 | €43,942 | +€30,702 | +232% |
| Income taxes | 67/77 | €3,310 | €10,993 | +€7,683 | +232% |
| Profit (loss) for the period | 9904 | €9,930 | €32,949 | +€23,019 | +232% |
| Profit (loss) for the period to be appropriated | 9905 | €9,930 | €32,949 | +€23,019 | +232% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.