KIIBO: 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.
KIIBO
Largest movements
- Cash -€178,773
down €178,773 (-74.5%), from €239,903 to €61,129
mainly Contributions, distributions and other (-€311,193) and Receivables within one year (-€13,938)
- Receivables within one year +€13,938
up €13,938, from €0 to €13,938
of which Other amounts receivable: +€9,590
- Reserves -€231,585
down €231,585 (-96.0%), from €241,193 to €9,608
- Other debts +€63,430
up €63,430 (+90330.1%), from €70 to €63,500
- Tax, wage and social debts -€4,826
down €4,826 (-24.9%), from €19,375 to €14,549
of which Taxes: -€7,679
- Gross operating margin +€12,352
up €12,352 (+12.3%), from €100,291 to €112,643
- Taxes +€4,121
up €4,121 (+19.6%), from €20,987 to €25,108
- Financial charges +€1,937
up €1,937 (+65.7%), from €2,946 to €4,883
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 | €264,268 | €96,368 | -€167,900 | -63.5% |
| Fixed assets | 21/28 | €3,986 | €2,119 | -€1,866 | -46.8% |
| Tangible fixed assets | 22/27 | €3,986 | €2,119 | -€1,866 | -46.8% |
| Land and buildings | 22 | €716 | €367 | -€348 | -48.7% |
| Furniture and vehicles | 24 | €3,270 | €1,752 | -€1,518 | -46.4% |
| Current assets | 29/58 | €260,283 | €94,249 | -€166,034 | -63.8% |
| Amounts receivable within one year | 40/41 | €0 | €13,938 | +€13,938 | |
| Trade receivables | 40 | - | €4,348 | +€4,348 | |
| Other amounts receivable | 41 | €0 | €9,590 | +€9,590 | |
| Cash at bank and in hand | 54/58 | €239,903 | €61,129 | -€178,773 | -74.5% |
| Deferred charges and accrued income | 490/1 | €20,380 | €19,182 | -€1,198 | -5.9% |
| Total equity and liabilities | 10/49 | €264,268 | €96,368 | -€167,900 | -63.5% |
| Equity | 10/15 | €243,693 | €12,108 | -€231,585 | -95.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €241,193 | €9,608 | -€231,585 | -96.0% |
| Distributable reserves | 133 | €241,193 | €9,608 | -€231,585 | -96.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €20,576 | €84,261 | +€63,685 | +309.5% |
| Amounts payable within one year | 42/48 | €20,450 | €82,015 | +€61,565 | +301.1% |
| Financial debts | 43 | €5 | €2,218 | +€2,213 | +47085.5% |
| Credit institutions | 430/8 | €5 | €2,218 | +€2,213 | +47085.5% |
| Trade debts | 44 | €1,000 | €1,748 | +€748 | +74.8% |
| Suppliers | 440/4 | €1,000 | €1,748 | +€748 | +74.8% |
| Taxes, remuneration and social security | 45 | €19,375 | €14,549 | -€4,826 | -24.9% |
| Taxes | 450/3 | €19,375 | €11,696 | -€7,679 | -39.6% |
| Remuneration and social security | 454/9 | - | €2,853 | +€2,853 | |
| Other amounts payable | 47/48 | €70 | €63,500 | +€63,430 | +90330.1% |
| Accrued charges and deferred income | 492/3 | €126 | €2,246 | +€2,120 | +1682.6% |
| Non-recurring operating income | 76A | €2,641 | €0 | -€2,641 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,883 | €1,866 | -€1,016 | -35.3% |
| Other operating charges | 640/8 | €1,308 | €1,178 | -€130 | -9.9% |
| Gross operating margin | 9900 | €100,291 | €112,643 | +€12,352 | +12.3% |
| Operating profit (loss) | 9901 | €96,100 | €109,598 | +€13,498 | +14.0% |
| Financial charges | 65/66B | €2,946 | €4,883 | +€1,937 | +65.7% |
| Recurring financial charges | 65 | €2,946 | €4,883 | +€1,937 | +65.7% |
| Profit (loss) for the period before taxes | 9903 | €93,154 | €104,716 | +€11,562 | +12.4% |
| Income taxes | 67/77 | €20,987 | €25,108 | +€4,121 | +19.6% |
| Profit (loss) for the period | 9904 | €72,167 | €79,608 | +€7,440 | +10.3% |
| Profit (loss) for the period to be appropriated | 9905 | €72,167 | €79,608 | +€7,440 | +10.3% |
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 5 October 2026 via checked.be.