Kibiserv: 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.
Kibiserv
Largest movements
- Cash +€27,737
up €27,737 (+150%), from €18,487 to €46,224
mainly Net result for the year (+€23,286) and Current investments (+€19,240)
- Current investments -€19,240
down €19,240 (-15.0%), from €128,599 to €109,359
- Tangible fixed assets -€6,072
down €6,072 (-62.0%), from €9,797 to €3,725
of which Furniture and vehicles: -€5,578
- Receivables within one year -€4,834
down €4,834 (-22.9%), from €21,093 to €16,259
of which Other amounts receivable: -€6,838
- Reserves +€9,070
up €9,070 (+5.7%), from €159,320 to €168,389
- Current portion of long-term debt -€5,732
down €5,732 (-100%), from €5,732 to €0
- Tax, wage and social debts -€2,388
down €2,388 (-100%), from €2,388 to €0
- Short-term financial debts -€2,284
down €2,284 (-89.2%), from €2,560 to €276
- Gross operating margin -€20,994
down €20,994 (-31.9%), from €65,790 to €44,795
- Taxes -€5,259
down €5,259 (-31.2%), from €16,849 to €11,590
- Depreciation -€3,901
down €3,901 (-39.1%), from €9,973 to €6,072
- Financial income +€959
up €959 (+152%), from €633 to €1,592
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.
Derived cash bridge
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 | €179,145 | €177,684 | -€1,462 | -0.8% |
| Fixed assets | 21/28 | €9,797 | €3,725 | -€6,072 | -62.0% |
| Tangible fixed assets | 22/27 | €9,797 | €3,725 | -€6,072 | -62.0% |
| Land and buildings | 22 | €3,941 | €3,446 | -€495 | -12.6% |
| Furniture and vehicles | 24 | €5,856 | €278 | -€5,578 | -95.2% |
| Current assets | 29/58 | €169,348 | €173,959 | +€4,611 | +2.7% |
| Amounts receivable within one year | 40/41 | €21,093 | €16,259 | -€4,834 | -22.9% |
| Trade receivables | 40 | €9,609 | €11,613 | +€2,004 | +20.9% |
| Other amounts receivable | 41 | €11,484 | €4,646 | -€6,838 | -59.5% |
| Current investments | 50/53 | €128,599 | €109,359 | -€19,240 | -15.0% |
| Cash at bank and in hand | 54/58 | €18,487 | €46,224 | +€27,737 | +150% |
| Deferred charges and accrued income | 490/1 | €1,169 | €2,117 | +€948 | +81.0% |
| Total equity and liabilities | 10/49 | €179,145 | €177,684 | -€1,462 | -0.8% |
| Equity | 10/15 | €165,520 | €174,589 | +€9,070 | +5.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €159,320 | €168,389 | +€9,070 | +5.7% |
| Distributable reserves | 133 | €159,320 | €168,389 | +€9,070 | +5.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €13,626 | €3,094 | -€10,531 | -77.3% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €13,626 | €3,094 | -€10,531 | -77.3% |
| Current portion of amounts payable after more than one year | 42 | €5,732 | €0 | -€5,732 | -100% |
| Financial debts | 43 | €2,560 | €276 | -€2,284 | -89.2% |
| Credit institutions | 430/8 | €2,560 | €276 | -€2,284 | -89.2% |
| Trade debts | 44 | €2,945 | €2,818 | -€126 | -4.3% |
| Suppliers | 440/4 | €2,945 | €2,818 | -€126 | -4.3% |
| Taxes, remuneration and social security | 45 | €2,388 | €0 | -€2,388 | -100% |
| Taxes | 450/3 | €2,388 | €0 | -€2,388 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,973 | €6,072 | -€3,901 | -39.1% |
| Other operating charges | 640/8 | €1,860 | €1,978 | +€118 | +6.3% |
| Gross operating margin | 9900 | €65,790 | €44,795 | -€20,994 | -31.9% |
| Operating profit (loss) | 9901 | €53,956 | €36,745 | -€17,212 | -31.9% |
| Financial income | 75/76B | €633 | €1,592 | +€959 | +152% |
| Recurring financial income | 75 | €633 | €1,592 | +€959 | +152% |
| Financial charges | 65/66B | €2,879 | €3,460 | +€581 | +20.2% |
| Recurring financial charges | 65 | €2,879 | €3,460 | +€581 | +20.2% |
| Profit (loss) for the period before taxes | 9903 | €51,711 | €34,877 | -€16,834 | -32.6% |
| Income taxes | 67/77 | €16,849 | €11,590 | -€5,259 | -31.2% |
| Profit (loss) for the period | 9904 | €34,862 | €23,286 | -€11,575 | -33.2% |
| Profit (loss) for the period to be appropriated | 9905 | €34,862 | €23,286 | -€11,575 | -33.2% |
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 17 October 2026 via checked.be.