Kfiber-net: 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.
Kfiber-net
Largest movements
- Tangible fixed assets +€10,177
up €10,177 (+310.4%), from €3,278 to €13,455
of which Plant, machinery and equipment: +€9,352
- Cash -€7,015
down €7,015 (-40.4%), from €17,363 to €10,347
mainly Investment in fixed assets (net) (-€12,846) and Trade debts (-€5,907)
- Deferred charges and accrued income +€2,343
new in 2025: €2,343
- Receivables within one year -€1,895
down €1,895 (-6.4%), from €29,413 to €27,518
of which Other amounts receivable: -€4,663
- Trade debts -€5,907
down €5,907 (-24.0%), from €24,586 to €18,679
- Reserves +€5,544
up €5,544 (+24.2%), from €22,883 to €28,428
- Tax, wage and social debts +€3,973
up €3,973 (+297.8%), from €1,334 to €5,306
- Gross operating margin +€8,876
up €8,876 (+132.8%), from €6,683 to €15,559
- Financial charges +€2,941
up €2,941 (+287.8%), from €1,022 to €3,962
- Taxes +€2,645
up €2,645 (+199.9%), from €1,323 to €3,968
- Depreciation +€632
up €632 (+31.0%), from €2,038 to €2,669
- Financial income -€342
down €342 (-21.0%), from €1,624 to €1,282
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 | €50,053 | €53,663 | +€3,610 | +7.2% |
| Fixed assets | 21/28 | €3,278 | €13,455 | +€10,177 | +310.4% |
| Tangible fixed assets | 22/27 | €3,278 | €13,455 | +€10,177 | +310.4% |
| Plant, machinery and equipment | 23 | €3,278 | €12,630 | +€9,352 | +285.3% |
| Furniture and vehicles | 24 | - | €825 | +€825 | |
| Current assets | 29/58 | €46,775 | €40,208 | -€6,567 | -14.0% |
| Amounts receivable within one year | 40/41 | €29,413 | €27,518 | -€1,895 | -6.4% |
| Trade receivables | 40 | €0 | €2,768 | +€2,768 | |
| Other amounts receivable | 41 | €29,413 | €24,750 | -€4,663 | -15.9% |
| Cash at bank and in hand | 54/58 | €17,363 | €10,347 | -€7,015 | -40.4% |
| Deferred charges and accrued income | 490/1 | - | €2,343 | +€2,343 | |
| Total equity and liabilities | 10/49 | €50,053 | €53,663 | +€3,610 | +7.2% |
| Equity | 10/15 | €24,133 | €29,678 | +€5,544 | +23.0% |
| Contributions | 10/11 | €1,250 | €1,250 | = | 0.0% |
| Reserves | 13 | €22,883 | €28,428 | +€5,544 | +24.2% |
| Distributable reserves | 133 | €22,883 | €28,428 | +€5,544 | +24.2% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €25,920 | €23,985 | -€1,935 | -7.5% |
| Amounts payable within one year | 42/48 | €25,920 | €23,985 | -€1,935 | -7.5% |
| Trade debts | 44 | €24,586 | €18,679 | -€5,907 | -24.0% |
| Suppliers | 440/4 | €24,586 | €18,679 | -€5,907 | -24.0% |
| Taxes, remuneration and social security | 45 | €1,334 | €5,306 | +€3,973 | +297.8% |
| Taxes | 450/3 | €1,334 | €5,306 | +€3,973 | +297.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,038 | €2,669 | +€632 | +31.0% |
| Other operating charges | 640/8 | €646 | €697 | +€51 | +7.9% |
| Gross operating margin | 9900 | €6,683 | €15,559 | +€8,876 | +132.8% |
| Operating profit (loss) | 9901 | €3,999 | €12,193 | +€8,194 | +204.9% |
| Financial income | 75/76B | €1,624 | €1,282 | -€342 | -21.0% |
| Recurring financial income | 75 | €1,624 | €1,282 | -€342 | -21.0% |
| Financial charges | 65/66B | €1,022 | €3,962 | +€2,941 | +287.8% |
| Recurring financial charges | 65 | €1,022 | €3,962 | +€2,941 | +287.8% |
| Profit (loss) for the period before taxes | 9903 | €4,601 | €9,513 | +€4,912 | +106.8% |
| Income taxes | 67/77 | €1,323 | €3,968 | +€2,645 | +199.9% |
| Profit (loss) for the period | 9904 | €3,278 | €5,544 | +€2,267 | +69.1% |
| Profit (loss) for the period to be appropriated | 9905 | €3,278 | €5,544 | +€2,267 | +69.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.