KITCHEN & BATHROOM GROUP: what changed
What changed
KITCHEN & BATHROOM GROUP
NACE 64.210, Activities of holding companies
filed annual accounts (NBB)
Net result for the year
€3.0m
2025 · €779,810+€2.3m
Equity
€7.5m
2025 · €8.4m-€959,662
Cash
€332,569
2025 · €364,683-€32,114
Balance sheet total
€9.4m
2025 · €9.1m+€242,878
Largest movements
Assets
- Receivables within one year +€257,492
up €257,492 (+33.8%), from €760,811 to €1.0m
of which Other amounts receivable: +€187,492
Equity and liabilities
- Other debts +€1.5m
new in 2026: €1.5m
- Profit (loss) carried forward -€959,662
down €959,662 (-11.5%), from €8.4m to €7.4m
- Debts after one year -€308,714
down €308,714 (-80.0%), from €385,893 to €77,179
Income statement
- Financial income +€2.3m
up €2.3m (+303%), from €753,622 to €3.0m
- Financial charges +€34,291
up €34,291 (+241%), from €14,220 to €48,510
- Taxes -€8,394
down €8,394 (-37.5%), from €22,403 to €14,009
- Services and other goods -€964
down €964 (-16.2%), from €5,940 to €4,975
Change in the result, 2025 to 2026
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2025
€779,810
Services and other goods
+€964
Other operating charges
+€130
Financial income
+€2.3m
Financial charges
-€34,291
Taxes
+€8,394
Result 2026
€3.0m
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2025 and 2026 balance sheets and the 2026 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€4.3m
Investment
-€17,500
Financing
-€4.3m
Cash 2025
€364,683
From operations (derived)
+€4.3m
Net result for the year
+€3.0m
Receivables within one year
-€257,492
Trade debts
-€1,200
Tax, wage and social debts
-€19,394
Other debts
+€1.5m
Investment (derived)
-€17,500
Investment in fixed assets (net)
-€17,500
Financing
-€4.3m
Debts after one year
-€308,714
Contributions, distributions and other
-€4.0m
Cash 2026
€332,569
brings cash intakes cash out
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €9,142,286 | €9,385,164 | +€242,878 | +2.7% |
| Fixed assets | 21/28 | €8,016,792 | €8,034,292 | +€17,500 | +0.2% |
| Financial fixed assets | 28 | €8,016,792 | €8,034,292 | +€17,500 | +0.2% |
| Affiliated companies | 280/1 | €8,016,792 | €8,034,292 | +€17,500 | +0.2% |
| Participating interests | 280 | €8,016,792 | €8,034,292 | +€17,500 | +0.2% |
| Current assets | 29/58 | €1,125,494 | €1,350,872 | +€225,378 | +20.0% |
| Amounts receivable within one year | 40/41 | €760,811 | €1,018,303 | +€257,492 | +33.8% |
| Trade receivables | 40 | - | €70,000 | +€70,000 | |
| Other amounts receivable | 41 | €760,811 | €948,303 | +€187,492 | +24.6% |
| Cash at bank and in hand | 54/58 | €364,683 | €332,569 | -€32,114 | -8.8% |
| Total equity and liabilities | 10/49 | €9,142,286 | €9,385,164 | +€242,878 | +2.7% |
| Equity | 10/15 | €8,422,776 | €7,463,114 | -€959,662 | -11.4% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,354,576 | €7,394,914 | -€959,662 | -11.5% |
| Amounts payable | 17/49 | €719,510 | €1,922,050 | +€1.2m | +167% |
| Amounts payable after more than one year | 17 | €385,893 | €77,179 | -€308,714 | -80.0% |
| Financial debts | 170/4 | €385,893 | €77,179 | -€308,714 | -80.0% |
| Credit institutions | 173 | €385,893 | €77,179 | -€308,714 | -80.0% |
| Amounts payable within one year | 42/48 | €333,617 | €1,844,872 | +€1.5m | +453% |
| Current portion of amounts payable after more than one year | 42 | €308,714 | €308,714 | = | 0.0% |
| Trade debts | 44 | €2,500 | €1,300 | -€1,200 | -48.0% |
| Suppliers | 440/4 | €2,500 | €1,300 | -€1,200 | -48.0% |
| Taxes, remuneration and social security | 45 | €22,403 | €3,009 | -€19,394 | -86.6% |
| Taxes | 450/3 | €22,403 | €3,009 | -€19,394 | -86.6% |
| Other amounts payable | 47/48 | - | €1,531,849 | +€1.5m | |
| Operating income | 70/76A | €70,000 | €70,000 | = | 0.0% |
| Turnover | 70 | €70,000 | €70,000 | = | 0.0% |
| Operating charges | 60/66A | €7,189 | €6,094 | -€1,095 | -15.2% |
| Services and other goods | 61 | €5,940 | €4,975 | -€964 | -16.2% |
| Other operating charges | 640/8 | €1,249 | €1,118 | -€130 | -10.4% |
| Operating profit (loss) | 9901 | €62,812 | €63,906 | +€1,095 | +1.7% |
| Financial income | 75/76B | €753,622 | €3,038,951 | +€2.3m | +303% |
| Recurring financial income | 75 | €753,622 | €3,038,951 | +€2.3m | +303% |
| Income from financial fixed assets | 750 | €720,000 | €3,000,000 | +€2.3m | +317% |
| Income from current assets | 751 | €33,622 | €38,951 | +€5,329 | +15.9% |
| Other financial income | 752/9 | - | €0 | +€0 | |
| Financial charges | 65/66B | €14,220 | €48,510 | +€34,291 | +241% |
| Recurring financial charges | 65 | €14,220 | €48,510 | +€34,291 | +241% |
| Debt charges | 650 | €12,874 | €47,183 | +€34,309 | +267% |
| Other financial charges | 652/9 | €1,346 | €1,328 | -€18 | -1.4% |
| Profit (loss) for the period before taxes | 9903 | €802,213 | €3,054,347 | +€2.3m | +281% |
| Income taxes | 67/77 | €22,403 | €14,009 | -€8,394 | -37.5% |
| Taxes | 670/3 | €22,403 | €14,009 | -€8,394 | -37.5% |
| Profit (loss) for the period | 9904 | €779,810 | €3,040,338 | +€2.3m | +290% |
| Profit (loss) for the period to be appropriated | 9905 | €779,810 | €3,040,338 | +€2.3m | +290% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.