KGB Count: 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.
KGB Count
Largest movements
- Receivables within one year -€95,148
down €95,148 (-96.9%), from €98,143 to €2,995
of which Other amounts receivable: -€65,000
- Cash +€33,266
up €33,266 (+11.3%), from €295,635 to €328,902
mainly Net result for the year (+€155,653) and Receivables within one year (+€95,148)
- Other debts -€90,000
down €90,000 (-93.2%), from €96,600 to €6,600
- Reserves +€24,653
up €24,653 (+4.0%), from €611,706 to €636,359
of which Distributable reserves: +€24,653
- Financial income +€9,382
up €9,382 (+7.1%), from €131,365 to €140,747
- Gross operating margin -€4,673
down €4,673 (-8.0%), from €58,279 to €53,606
- Taxes -€2,897
down €2,897 (-10.1%), from €28,813 to €25,916
- Depreciation +€831
up €831 (+10.8%), from €7,657 to €8,488
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 | €1,142,835 | €1,076,417 | -€66,418 | -5.8% |
| Fixed assets | 21/28 | €747,886 | €743,244 | -€4,641 | -0.6% |
| Tangible fixed assets | 22/27 | €447,886 | €442,455 | -€5,431 | -1.2% |
| Land and buildings | 22 | €432,940 | €428,615 | -€4,326 | -1.0% |
| Plant, machinery and equipment | 23 | €4,673 | €5,381 | +€708 | +15.2% |
| Other tangible fixed assets | 26 | €10,273 | €8,459 | -€1,813 | -17.7% |
| Financial fixed assets | 28 | €300,000 | €300,789 | +€789 | +0.3% |
| Current assets | 29/58 | €394,949 | €333,173 | -€61,777 | -15.6% |
| Amounts receivable within one year | 40/41 | €98,143 | €2,995 | -€95,148 | -96.9% |
| Trade receivables | 40 | €33,143 | €2,995 | -€30,148 | -91.0% |
| Other amounts receivable | 41 | €65,000 | €0 | -€65,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €295,635 | €328,902 | +€33,266 | +11.3% |
| Deferred charges and accrued income | 490/1 | €1,171 | €1,276 | +€105 | +9.0% |
| Total equity and liabilities | 10/49 | €1,142,835 | €1,076,417 | -€66,418 | -5.8% |
| Equity | 10/15 | €1,011,706 | €1,036,359 | +€24,653 | +2.4% |
| Contributions | 10/11 | €400,000 | €400,000 | = | 0.0% |
| Reserves | 13 | €611,706 | €636,359 | +€24,653 | +4.0% |
| Non-distributable reserves | 130/1 | €40,000 | €40,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €40,000 | €40,000 | = | 0.0% |
| Distributable reserves | 133 | €571,706 | €596,359 | +€24,653 | +4.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €131,129 | €40,059 | -€91,071 | -69.5% |
| Amounts payable within one year | 42/48 | €131,129 | €40,059 | -€91,071 | -69.5% |
| Trade debts | 44 | €9,281 | €1,824 | -€7,457 | -80.3% |
| Suppliers | 440/4 | €9,281 | €1,824 | -€7,457 | -80.3% |
| Taxes, remuneration and social security | 45 | €25,249 | €31,635 | +€6,386 | +25.3% |
| Taxes | 450/3 | €25,249 | €31,635 | +€6,386 | +25.3% |
| Other amounts payable | 47/48 | €96,600 | €6,600 | -€90,000 | -93.2% |
| Remuneration, social security and pensions | 62 | €169 | €0 | -€169 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,657 | €8,488 | +€831 | +10.8% |
| Other operating charges | 640/8 | €4,225 | €4,105 | -€120 | -2.8% |
| Gross operating margin | 9900 | €58,279 | €53,606 | -€4,673 | -8.0% |
| Operating profit (loss) | 9901 | €46,228 | €41,014 | -€5,214 | -11.3% |
| Financial income | 75/76B | €131,365 | €140,747 | +€9,382 | +7.1% |
| Recurring financial income | 75 | €131,365 | €140,747 | +€9,382 | +7.1% |
| Financial charges | 65/66B | €87 | €192 | +€105 | +120.7% |
| Recurring financial charges | 65 | €87 | €192 | +€105 | +120.7% |
| Profit (loss) for the period before taxes | 9903 | €177,506 | €181,569 | +€4,063 | +2.3% |
| Income taxes | 67/77 | €28,813 | €25,916 | -€2,897 | -10.1% |
| Profit (loss) for the period | 9904 | €148,693 | €155,653 | +€6,960 | +4.7% |
| Profit (loss) for the period to be appropriated | 9905 | €148,693 | €155,653 | +€6,960 | +4.7% |
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 11 October 2026 via checked.be.