KIBECU: 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.
KIBECU
Largest movements
- Cash +€18,660
up €18,660 (+61.6%), from €30,297 to €48,958
mainly Net result for the year (+€26,960) and Depreciation (+€4,878)
- Current investments +€7,000
new in 2025: €7,000
- Tangible fixed assets -€3,197
down €3,197 (-18.5%), from €17,286 to €14,089
of which Furniture and vehicles: -€4,426
- Receivables within one year +€2,772
up €2,772 (+16.7%), from €16,648 to €19,420
- Reserves +€26,160
up €26,160 (+87.0%), from €30,062 to €56,222
- Tax, wage and social debts -€1,375
down €1,375 (-65.5%), from €2,099 to €724
- Depreciation +€4,609
up €4,609 (+1715.5%), from €269 to €4,878
- Gross operating margin +€458
up €458 (+1.2%), from €39,461 to €39,920
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 | €64,231 | €90,295 | +€26,064 | +40.6% |
| Fixed assets | 21/28 | €17,286 | €14,089 | -€3,197 | -18.5% |
| Tangible fixed assets | 22/27 | €17,286 | €14,089 | -€3,197 | -18.5% |
| Plant, machinery and equipment | 23 | - | €1,230 | +€1,230 | |
| Furniture and vehicles | 24 | €17,286 | €12,859 | -€4,426 | -25.6% |
| Current assets | 29/58 | €46,945 | €76,206 | +€29,261 | +62.3% |
| Amounts receivable within one year | 40/41 | €16,648 | €19,420 | +€2,772 | +16.7% |
| Trade receivables | 40 | €16,648 | €19,420 | +€2,772 | +16.7% |
| Current investments | 50/53 | - | €7,000 | +€7,000 | |
| Cash at bank and in hand | 54/58 | €30,297 | €48,958 | +€18,660 | +61.6% |
| Deferred charges and accrued income | 490/1 | - | €828 | +€828 | |
| Total equity and liabilities | 10/49 | €64,231 | €90,295 | +€26,064 | +40.6% |
| Equity | 10/15 | €33,562 | €59,722 | +€26,160 | +77.9% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Reserves | 13 | €30,062 | €56,222 | +€26,160 | +87.0% |
| Distributable reserves | 133 | €30,062 | €56,222 | +€26,160 | +87.0% |
| Amounts payable | 17/49 | €30,669 | €30,573 | -€96 | -0.3% |
| Amounts payable within one year | 42/48 | €30,669 | €30,573 | -€96 | -0.3% |
| Trade debts | 44 | €242 | €1,025 | +€783 | +324.3% |
| Suppliers | 440/4 | €242 | €1,025 | +€783 | +324.3% |
| Taxes, remuneration and social security | 45 | €2,099 | €724 | -€1,375 | -65.5% |
| Taxes | 450/3 | €2,099 | €724 | -€1,375 | -65.5% |
| Other amounts payable | 47/48 | €28,329 | €28,825 | +€496 | +1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €269 | €4,878 | +€4,609 | +1715.5% |
| Other operating charges | 640/8 | €232 | €203 | -€29 | -12.6% |
| Gross operating margin | 9900 | €39,461 | €39,920 | +€458 | +1.2% |
| Operating profit (loss) | 9901 | €38,961 | €34,839 | -€4,121 | -10.6% |
| Financial charges | 65/66B | - | €30 | +€30 | |
| Recurring financial charges | 65 | - | €30 | +€30 | |
| Profit (loss) for the period before taxes | 9903 | €38,961 | €34,809 | -€4,151 | -10.7% |
| Income taxes | 67/77 | €8,099 | €7,849 | -€250 | -3.1% |
| Profit (loss) for the period | 9904 | €30,862 | €26,960 | -€3,901 | -12.6% |
| Profit (loss) for the period to be appropriated | 9905 | €30,862 | €26,960 | -€3,901 | -12.6% |
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 8 October 2026 via checked.be.