KIBU: 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.
KIBU
Largest movements
- Cash +€22,421
up €22,421 (+292.1%), from €7,677 to €30,098
mainly Trade debts (+€30,514) and Other debts (+€14,695)
- Receivables within one year +€11,190
up €11,190 (+28.8%), from €38,909 to €50,099
of which Other amounts receivable: +€10,000
- Deferred charges and accrued income +€3,193
new in 2025: €3,193
- Intangible fixed assets +€1,229
up €1,229 (+6.4%), from €19,201 to €20,430
- Trade debts +€30,514
up €30,514 (+711.5%), from €4,289 to €34,803
- Other debts +€14,695
new in 2025: €14,695
- Tax, wage and social debts -€6,663
down €6,663 (-81.2%), from €8,207 to €1,544
of which Taxes: -€4,663
- Reserves -€2,829
down €2,829 (-85.9%), from €3,292 to €464
- Advances received +€2,316
new in 2025: €2,316
- Financial charges +€3,286
up €3,286 (+1264.4%), from €260 to €3,546
- Depreciation +€1,839
up €1,839 (+53.9%), from €3,413 to €5,251
- Gross operating margin -€1,496
down €1,496 (-15.7%), from €9,544 to €8,048
- Taxes -€380
down €380 (-23.8%), from €1,594 to €1,214
- Other operating charges -€135
down €135 (-10.5%), from €1,286 to €1,151
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 | €65,788 | €103,821 | +€38,033 | +57.8% |
| Fixed assets | 21/28 | €19,201 | €20,430 | +€1,229 | +6.4% |
| Intangible fixed assets | 21 | €19,201 | €20,430 | +€1,229 | +6.4% |
| Current assets | 29/58 | €46,586 | €83,391 | +€36,804 | +79.0% |
| Amounts receivable within one year | 40/41 | €38,909 | €50,099 | +€11,190 | +28.8% |
| Trade receivables | 40 | €28,938 | €30,127 | +€1,189 | +4.1% |
| Other amounts receivable | 41 | €9,972 | €19,972 | +€10,000 | +100.3% |
| Cash at bank and in hand | 54/58 | €7,677 | €30,098 | +€22,421 | +292.1% |
| Deferred charges and accrued income | 490/1 | - | €3,193 | +€3,193 | |
| Total equity and liabilities | 10/49 | €65,788 | €103,821 | +€38,033 | +57.8% |
| Equity | 10/15 | €53,292 | €50,464 | -€2,829 | -5.3% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €3,292 | €464 | -€2,829 | -85.9% |
| Distributable reserves | 133 | €3,292 | €464 | -€2,829 | -85.9% |
| Amounts payable | 17/49 | €12,495 | €53,357 | +€40,862 | +327.0% |
| Amounts payable within one year | 42/48 | €12,495 | €53,357 | +€40,862 | +327.0% |
| Trade debts | 44 | €4,289 | €34,803 | +€30,514 | +711.5% |
| Suppliers | 440/4 | €4,289 | €34,803 | +€30,514 | +711.5% |
| Advances received on contracts in progress | 46 | - | €2,316 | +€2,316 | |
| Taxes, remuneration and social security | 45 | €8,207 | €1,544 | -€6,663 | -81.2% |
| Taxes | 450/3 | €6,207 | €1,544 | -€4,663 | -75.1% |
| Remuneration and social security | 454/9 | €2,000 | €0 | -€2,000 | -100.0% |
| Other amounts payable | 47/48 | - | €14,695 | +€14,695 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,413 | €5,251 | +€1,839 | +53.9% |
| Other operating charges | 640/8 | €1,286 | €1,151 | -€135 | -10.5% |
| Gross operating margin | 9900 | €9,544 | €8,048 | -€1,496 | -15.7% |
| Operating profit (loss) | 9901 | €4,845 | €1,646 | -€3,199 | -66.0% |
| Financial income | 75/76B | €301 | €286 | -€15 | -5.1% |
| Recurring financial income | 75 | €301 | €286 | -€15 | -5.1% |
| Financial charges | 65/66B | €260 | €3,546 | +€3,286 | +1264.4% |
| Recurring financial charges | 65 | €260 | €3,546 | +€3,286 | +1264.4% |
| Profit (loss) for the period before taxes | 9903 | €4,886 | -€1,614 | -€6,501 | |
| Income taxes | 67/77 | €1,594 | €1,214 | -€380 | -23.8% |
| Profit (loss) for the period | 9904 | €3,292 | -€2,829 | -€6,121 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,292 | -€2,829 | -€6,121 |
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.