Kine Lebbe: 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.
Kine Lebbe
Largest movements
- Intangible fixed assets -€4,500
down €4,500 (-25.5%), from €17,625 to €13,125
- Cash -€4,301
down €4,301 (-29.1%), from €14,791 to €10,490
mainly Contributions, distributions and other (-€11,737) and Current portion of long-term debt (-€9,810)
- Deferred charges and accrued income -€2,591
down €2,591 (-14.0%), from €18,512 to €15,921
- Tangible fixed assets -€1,599
down €1,599 (-50.0%), from €3,195 to €1,596
of which Plant, machinery and equipment: -€1,146
- Current portion of long-term debt -€9,810
no longer reported in 2025 (was €9,810)
- Other debts -€3,349
down €3,349 (-22.2%), from €15,097 to €11,747
- Trade debts +€1,478
up €1,478 (+633%), from €234 to €1,711
- Accrued charges and deferred income -€1,257
down €1,257 (-96.6%), from €1,302 to €45
- Gross operating margin -€8,726
down €8,726 (-24.7%), from €35,388 to €26,662
- Taxes -€1,716
down €1,716 (-26.7%), from €6,424 to €4,709
- Staff costs +€562
up €562 (+23.7%), from €2,374 to €2,936
- Financial charges -€426
down €426 (-50.0%), from €851 to €426
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 | €54,165 | €41,174 | -€12,990 | -24.0% |
| Fixed assets | 21/28 | €20,820 | €14,721 | -€6,099 | -29.3% |
| Intangible fixed assets | 21 | €17,625 | €13,125 | -€4,500 | -25.5% |
| Tangible fixed assets | 22/27 | €3,195 | €1,596 | -€1,599 | -50.0% |
| Plant, machinery and equipment | 23 | €2,382 | €1,236 | -€1,146 | -48.1% |
| Furniture and vehicles | 24 | €813 | €360 | -€453 | -55.7% |
| Current assets | 29/58 | €33,345 | €26,453 | -€6,892 | -20.7% |
| Amounts receivable within one year | 40/41 | €42 | €42 | = | 0.0% |
| Other amounts receivable | 41 | €42 | €42 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €14,791 | €10,490 | -€4,301 | -29.1% |
| Deferred charges and accrued income | 490/1 | €18,512 | €15,921 | -€2,591 | -14.0% |
| Total equity and liabilities | 10/49 | €54,165 | €41,174 | -€12,990 | -24.0% |
| Equity | 10/15 | €25,298 | €25,298 | = | 0.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €5,298 | €5,298 | = | 0.0% |
| Distributable reserves | 133 | €5,298 | €5,298 | = | 0.0% |
| Amounts payable | 17/49 | €28,866 | €15,876 | -€12,990 | -45.0% |
| Amounts payable within one year | 42/48 | €27,564 | €15,831 | -€11,733 | -42.6% |
| Current portion of amounts payable after more than one year | 42 | €9,810 | - | -€9,810 | |
| Trade debts | 44 | €234 | €1,711 | +€1,478 | +633% |
| Suppliers | 440/4 | €234 | €1,711 | +€1,478 | +633% |
| Taxes, remuneration and social security | 45 | €2,424 | €2,373 | -€51 | -2.1% |
| Taxes | 450/3 | €2,424 | €2,209 | -€216 | -8.9% |
| Remuneration and social security | 454/9 | - | €164 | +€164 | |
| Other amounts payable | 47/48 | €15,097 | €11,747 | -€3,349 | -22.2% |
| Accrued charges and deferred income | 492/3 | €1,302 | €45 | -€1,257 | -96.6% |
| Remuneration, social security and pensions | 62 | €2,374 | €2,936 | +€562 | +23.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,099 | €6,099 | = | 0.0% |
| Other operating charges | 640/8 | €932 | €756 | -€176 | -18.9% |
| Gross operating margin | 9900 | €35,388 | €26,662 | -€8,726 | -24.7% |
| Operating profit (loss) | 9901 | €25,984 | €16,872 | -€9,112 | -35.1% |
| Financial income | 75/76B | €3 | - | -€3 | |
| Recurring financial income | 75 | €3 | - | -€3 | |
| Financial charges | 65/66B | €851 | €426 | -€426 | -50.0% |
| Recurring financial charges | 65 | €851 | €426 | -€426 | -50.0% |
| Profit (loss) for the period before taxes | 9903 | €25,135 | €16,446 | -€8,689 | -34.6% |
| Income taxes | 67/77 | €6,424 | €4,709 | -€1,716 | -26.7% |
| Profit (loss) for the period | 9904 | €18,711 | €11,737 | -€6,973 | -37.3% |
| Profit (loss) for the period to be appropriated | 9905 | €18,711 | €11,737 | -€6,973 | -37.3% |
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 29 October 2026 via checked.be.