KIBA SOLUTIONS: 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.
KIBA SOLUTIONS
Largest movements
- Receivables within one year +€15,617
up €15,617 (+8.4%), from €185,017 to €200,634
of which Other amounts receivable: +€20,250
- Cash +€10,843
new in 2024: €10,843
mainly Net result for the year (+€22,146) and Trade debts (+€8,744)
- Profit (loss) carried forward +€22,146
up €22,146 (+8.2%), from €269,804 to €291,950
- Trade debts +€8,744
new in 2024: €8,744
- Short-term financial debts -€5,458
no longer reported in 2024 (was €5,458)
- Gross operating margin -€24,390
down €24,390 (-44.9%), from €54,333 to €29,943
- Taxes -€13,714
down €13,714 (-57.8%), from €23,721 to €10,007
- Depreciation -€10,458
down €10,458 (-91.9%), from €11,384 to €926
- Other operating charges -€4,717
down €4,717 (-74.5%), from €6,332 to €1,615
- Financial charges -€1,876
down €1,876 (-40.4%), from €4,641 to €2,765
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €332,327 | €360,687 | +€28,360 | +8.5% |
| Fixed assets | 21/28 | €5,976 | €5,050 | -€926 | -15.5% |
| Tangible fixed assets | 22/27 | €5,632 | €4,706 | -€926 | -16.4% |
| Land and buildings | 22 | €5,476 | €4,706 | -€770 | -14.1% |
| Plant, machinery and equipment | 23 | €156 | - | -€156 | |
| Financial fixed assets | 28 | €344 | €344 | = | 0.0% |
| Current assets | 29/58 | €326,351 | €355,637 | +€29,286 | +9.0% |
| Amounts receivable after more than one year | 29 | €141,334 | €144,160 | +€2,826 | +2.0% |
| Other amounts receivable | 291 | €141,334 | €144,160 | +€2,826 | +2.0% |
| Amounts receivable within one year | 40/41 | €185,017 | €200,634 | +€15,617 | +8.4% |
| Trade receivables | 40 | €27,495 | €22,862 | -€4,633 | -16.9% |
| Other amounts receivable | 41 | €157,522 | €177,772 | +€20,250 | +12.9% |
| Cash at bank and in hand | 54/58 | - | €10,843 | +€10,843 | |
| Total equity and liabilities | 10/49 | €332,327 | €360,687 | +€28,360 | +8.5% |
| Equity | 10/15 | €294,064 | €316,210 | +€22,146 | +7.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Contributions outside capital | 11 | €12,400 | €12,400 | = | 0.0% |
| Other | 1109/19 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €11,860 | €11,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €269,804 | €291,950 | +€22,146 | +8.2% |
| Amounts payable | 17/49 | €38,263 | €44,477 | +€6,214 | +16.2% |
| Amounts payable within one year | 42/48 | €38,263 | €44,477 | +€6,214 | +16.2% |
| Financial debts | 43 | €5,458 | - | -€5,458 | |
| Credit institutions | 430/8 | €5,458 | - | -€5,458 | |
| Trade debts | 44 | - | €8,744 | +€8,744 | |
| Suppliers | 440/4 | - | €8,744 | +€8,744 | |
| Taxes, remuneration and social security | 45 | €32,805 | €35,733 | +€2,928 | +8.9% |
| Taxes | 450/3 | €17,399 | €14,923 | -€2,476 | -14.2% |
| Remuneration and social security | 454/9 | €15,406 | €20,810 | +€5,404 | +35.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,384 | €926 | -€10,458 | -91.9% |
| Other operating charges | 640/8 | €6,332 | €1,615 | -€4,717 | -74.5% |
| Gross operating margin | 9900 | €54,333 | €29,943 | -€24,390 | -44.9% |
| Operating profit (loss) | 9901 | €36,617 | €27,402 | -€9,215 | -25.2% |
| Financial income | 75/76B | €6,181 | €7,516 | +€1,335 | +21.6% |
| Recurring financial income | 75 | €6,181 | €7,516 | +€1,335 | +21.6% |
| Financial charges | 65/66B | €4,641 | €2,765 | -€1,876 | -40.4% |
| Recurring financial charges | 65 | €4,641 | €2,765 | -€1,876 | -40.4% |
| Profit (loss) for the period before taxes | 9903 | €38,157 | €32,153 | -€6,004 | -15.7% |
| Income taxes | 67/77 | €23,721 | €10,007 | -€13,714 | -57.8% |
| Profit (loss) for the period | 9904 | €14,436 | €22,146 | +€7,710 | +53.4% |
| Profit (loss) for the period to be appropriated | 9905 | €14,436 | €22,146 | +€7,710 | +53.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.