KERIBOS: what changed
KERIBOS
Largest movements
- Cash -€38,889
down €38,889 (-61.4%), from €63,319 to €24,430
mainly Contributions, distributions and other (-€107,000) and Investment in fixed assets (net) (-€23,214)
- Tangible fixed assets +€19,684
up €19,684 (+295%), from €6,665 to €26,349
of which Other tangible fixed assets: +€20,897
- Deferred charges and accrued income +€7,291
up €7,291 (+25.2%), from €28,900 to €36,192
- Trade debts -€10,944
down €10,944 (-42.7%), from €25,637 to €14,693
- Profit (loss) carried forward -€6,058
down €6,058 (-86.9%), from €6,968 to €910
- Tax, wage and social debts +€2,916
up €2,916 (+9.9%), from €29,311 to €32,227
of which Remuneration and social security: +€2,066
- Short-term financial debts +€2,302
new in 2025: €2,302
- Other debts -€2,013
down €2,013 (-2.1%), from €94,553 to €92,539
- Staff costs +€5,996
up €5,996 (+13.1%), from €45,596 to €51,592
- Financial charges +€4,522
up €4,522 (+3,413%), from €132 to €4,654
- Gross operating margin +€4,355
up €4,355 (+2.4%), from €185,054 to €189,409
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 | €181,928 | €168,482 | -€13,446 | -7.4% |
| Fixed assets | 21/28 | €7,020 | €26,704 | +€19,684 | +280% |
| Tangible fixed assets | 22/27 | €6,665 | €26,349 | +€19,684 | +295% |
| Furniture and vehicles | 24 | €5,544 | €4,331 | -€1,213 | -21.9% |
| Other tangible fixed assets | 26 | €1,121 | €22,018 | +€20,897 | +1,864% |
| Financial fixed assets | 28 | €355 | €355 | = | 0.0% |
| Current assets | 29/58 | €174,908 | €141,778 | -€33,130 | -18.9% |
| Amounts receivable within one year | 40/41 | €52,988 | €51,456 | -€1,532 | -2.9% |
| Trade receivables | 40 | €52,988 | €50,894 | -€2,094 | -4.0% |
| Other amounts receivable | 41 | - | €562 | +€562 | |
| Current investments | 50/53 | €29,701 | €29,701 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €63,319 | €24,430 | -€38,889 | -61.4% |
| Deferred charges and accrued income | 490/1 | €28,900 | €36,192 | +€7,291 | +25.2% |
| Total equity and liabilities | 10/49 | €181,928 | €168,482 | -€13,446 | -7.4% |
| Equity | 10/15 | €32,428 | €26,370 | -€6,058 | -18.7% |
| Contributions | 10/11 | €5,460 | €5,460 | = | 0.0% |
| Reserves | 13 | €20,000 | €20,000 | = | 0.0% |
| Distributable reserves | 133 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,968 | €910 | -€6,058 | -86.9% |
| Amounts payable | 17/49 | €149,500 | €142,113 | -€7,388 | -4.9% |
| Amounts payable within one year | 42/48 | €149,500 | €141,761 | -€7,739 | -5.2% |
| Financial debts | 43 | - | €2,302 | +€2,302 | |
| Credit institutions | 430/8 | - | €2,302 | +€2,302 | |
| Trade debts | 44 | €25,637 | €14,693 | -€10,944 | -42.7% |
| Suppliers | 440/4 | €25,637 | €14,693 | -€10,944 | -42.7% |
| Taxes, remuneration and social security | 45 | €29,311 | €32,227 | +€2,916 | +9.9% |
| Taxes | 450/3 | €23,372 | €24,222 | +€850 | +3.6% |
| Remuneration and social security | 454/9 | €5,938 | €8,005 | +€2,066 | +34.8% |
| Other amounts payable | 47/48 | €94,553 | €92,539 | -€2,013 | -2.1% |
| Accrued charges and deferred income | 492/3 | - | €352 | +€352 | |
| Remuneration, social security and pensions | 62 | €45,596 | €51,592 | +€5,996 | +13.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,253 | €3,530 | +€277 | +8.5% |
| Other operating charges | 640/8 | €450 | €400 | -€51 | -11.3% |
| Gross operating margin | 9900 | €185,054 | €189,409 | +€4,355 | +2.4% |
| Operating profit (loss) | 9901 | €135,755 | €133,888 | -€1,867 | -1.4% |
| Financial income | 75/76B | €805 | €866 | +€61 | +7.6% |
| Recurring financial income | 75 | €805 | €866 | +€61 | +7.6% |
| Financial charges | 65/66B | €132 | €4,654 | +€4,522 | +3,413% |
| Recurring financial charges | 65 | €132 | €4,654 | +€4,522 | +3,413% |
| Profit (loss) for the period before taxes | 9903 | €136,427 | €130,100 | -€6,327 | -4.6% |
| Income taxes | 67/77 | €30,126 | €29,158 | -€968 | -3.2% |
| Profit (loss) for the period | 9904 | €106,301 | €100,942 | -€5,359 | -5.0% |
| Profit (loss) for the period to be appropriated | 9905 | €106,301 | €100,942 | -€5,359 | -5.0% |
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 5 November 2026 via checked.be.