KOBBE: 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.
KOBBE
Largest movements
- Intangible fixed assets -€4,000
down €4,000 (-33.3%), from €12,000 to €8,000
- Cash +€1,874
up €1,874 (+701.3%), from €267 to €2,142
mainly Depreciation (+€5,293) and Tax, wage and social debts (+€2,670)
- Tangible fixed assets -€1,293
down €1,293 (-26.2%), from €4,943 to €3,651
- Receivables within one year -€1,135
down €1,135 (-25.1%), from €4,517 to €3,382
of which Trade receivables: -€1,037
- Deferred charges and accrued income +€418
new in 2025: €418
- Profit (loss) carried forward -€7,882
down €7,882, from €0 to -€7,882
- Tax, wage and social debts +€2,670
up €2,670 (+83.3%), from €3,205 to €5,874
of which Remuneration and social security: +€1,500
- Trade debts +€1,627
up €1,627 (+103.6%), from €1,570 to €3,197
- Other debts -€612
down €612 (-8.0%), from €7,622 to €7,010
- Gross operating margin -€19,192
down €19,192, from €17,156 to -€2,036
- Taxes -€2,159
down €2,159 (-100.0%), from €2,159 to €0
- Other operating charges -€355
down €355 (-64.0%), from €555 to €200
- Depreciation +€182
up €182 (+3.6%), from €5,111 to €5,293
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 | €21,728 | €17,593 | -€4,135 | -19.0% |
| Fixed assets | 21/28 | €16,943 | €11,651 | -€5,293 | -31.2% |
| Intangible fixed assets | 21 | €12,000 | €8,000 | -€4,000 | -33.3% |
| Tangible fixed assets | 22/27 | €4,943 | €3,651 | -€1,293 | -26.2% |
| Land and buildings | 22 | €3,373 | €2,948 | -€425 | -12.6% |
| Plant, machinery and equipment | 23 | €1,008 | €595 | -€413 | -41.0% |
| Furniture and vehicles | 24 | €562 | €107 | -€455 | -80.9% |
| Current assets | 29/58 | €4,784 | €5,942 | +€1,158 | +24.2% |
| Amounts receivable within one year | 40/41 | €4,517 | €3,382 | -€1,135 | -25.1% |
| Trade receivables | 40 | €4,418 | €3,382 | -€1,037 | -23.5% |
| Other amounts receivable | 41 | €99 | €0 | -€99 | -100.0% |
| Cash at bank and in hand | 54/58 | €267 | €2,142 | +€1,874 | +701.3% |
| Deferred charges and accrued income | 490/1 | - | €418 | +€418 | |
| Total equity and liabilities | 10/49 | €21,728 | €17,593 | -€4,135 | -19.0% |
| Equity | 10/15 | €9,331 | €1,449 | -€7,882 | -84.5% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €5,331 | €5,331 | = | 0.0% |
| Distributable reserves | 133 | €5,331 | €5,331 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | -€7,882 | -€7,882 | |
| Amounts payable | 17/49 | €12,397 | €16,143 | +€3,747 | +30.2% |
| Amounts payable within one year | 42/48 | €12,397 | €16,143 | +€3,747 | +30.2% |
| Financial debts | 43 | - | €62 | +€62 | |
| Credit institutions | 430/8 | - | €62 | +€62 | |
| Trade debts | 44 | €1,570 | €3,197 | +€1,627 | +103.6% |
| Suppliers | 440/4 | €1,570 | €3,197 | +€1,627 | +103.6% |
| Taxes, remuneration and social security | 45 | €3,205 | €5,874 | +€2,670 | +83.3% |
| Taxes | 450/3 | €3,205 | €4,374 | +€1,170 | +36.5% |
| Remuneration and social security | 454/9 | €0 | €1,500 | +€1,500 | |
| Other amounts payable | 47/48 | €7,622 | €7,010 | -€612 | -8.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,111 | €5,293 | +€182 | +3.6% |
| Other operating charges | 640/8 | €555 | €200 | -€355 | -64.0% |
| Gross operating margin | 9900 | €17,156 | -€2,036 | -€19,192 | |
| Operating profit (loss) | 9901 | €11,490 | -€7,529 | -€19,019 | |
| Financial income | 75/76B | €1 | €0 | -€1 | -100.0% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -100.0% |
| Financial charges | 65/66B | €334 | €353 | +€18 | +5.5% |
| Recurring financial charges | 65 | €334 | €353 | +€18 | +5.5% |
| Profit (loss) for the period before taxes | 9903 | €11,156 | -€7,882 | -€19,038 | |
| Income taxes | 67/77 | €2,159 | €0 | -€2,159 | -100.0% |
| Profit (loss) for the period | 9904 | €8,997 | -€7,882 | -€16,879 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,997 | -€7,882 | -€16,879 |
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 10 October 2026 via checked.be.