KIMBERLY DEBAETSELIER: 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.
KIMBERLY DEBAETSELIER
Largest movements
- Cash +€1,016
up €1,016 (+53.6%), from €1,897 to €2,913
mainly Net result for the year (+€3,321) and Depreciation (+€73)
- Receivables within one year +€923
new in 2025: €923
- Tangible fixed assets +€282
new in 2025: €282
- Profit (loss) carried forward +€3,321
up €3,321, from -€2,925 to €397
- Trade debts -€557
down €557 (-97.5%), from €572 to €14
- Other debts -€550
down €550 (-16.6%), from €3,317 to €2,767
- Gross operating margin +€5,795
up €5,795, from -€1,358 to €4,437
- Taxes +€577
new in 2025: €577
- Financial charges -€384
down €384 (-85.2%), from €450 to €66
- Other operating charges -€372
down €372 (-48.2%), from €772 to €400
- Depreciation +€73
new in 2025: €73
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 | €1,976 | €4,178 | +€2,202 | +111% |
| Fixed assets | 21/28 | - | €282 | +€282 | |
| Tangible fixed assets | 22/27 | - | €282 | +€282 | |
| Plant, machinery and equipment | 23 | - | €282 | +€282 | |
| Current assets | 29/58 | €1,976 | €3,895 | +€1,919 | +97.1% |
| Amounts receivable within one year | 40/41 | - | €923 | +€923 | |
| Other amounts receivable | 41 | - | €923 | +€923 | |
| Cash at bank and in hand | 54/58 | €1,897 | €2,913 | +€1,016 | +53.6% |
| Deferred charges and accrued income | 490/1 | €79 | €60 | -€20 | -25.0% |
| Total equity and liabilities | 10/49 | €1,976 | €4,178 | +€2,202 | +111% |
| Equity | 10/15 | -€1,925 | €1,397 | +€3,321 | |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,925 | €397 | +€3,321 | |
| Amounts payable | 17/49 | €3,901 | €2,781 | -€1,120 | -28.7% |
| Amounts payable within one year | 42/48 | €3,898 | €2,781 | -€1,117 | -28.7% |
| Trade debts | 44 | €572 | €14 | -€557 | -97.5% |
| Suppliers | 440/4 | €572 | €14 | -€557 | -97.5% |
| Taxes, remuneration and social security | 45 | €10 | €0 | -€10 | -100% |
| Taxes | 450/3 | €10 | €0 | -€10 | -100% |
| Other amounts payable | 47/48 | €3,317 | €2,767 | -€550 | -16.6% |
| Accrued charges and deferred income | 492/3 | €3 | - | -€3 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €73 | +€73 | |
| Other operating charges | 640/8 | €772 | €400 | -€372 | -48.2% |
| Gross operating margin | 9900 | -€1,358 | €4,437 | +€5,795 | |
| Operating profit (loss) | 9901 | -€2,130 | €3,965 | +€6,095 | |
| Financial charges | 65/66B | €450 | €66 | -€384 | -85.2% |
| Recurring financial charges | 65 | €450 | €66 | -€384 | -85.2% |
| Profit (loss) for the period before taxes | 9903 | -€2,580 | €3,898 | +€6,478 | |
| Income taxes | 67/77 | - | €577 | +€577 | |
| Profit (loss) for the period | 9904 | -€2,580 | €3,321 | +€5,901 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,580 | €3,321 | +€5,901 |
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 24 October 2026 via checked.be.