KOBE VANDERLEE: 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.
KOBE VANDERLEE
Largest movements
- Cash -€17,267
down €17,267 (-36.0%), from €48,021 to €30,754
mainly Other debts (-€28,320) and Investment in fixed assets (net) (-€22,620)
- Tangible fixed assets +€16,702
up €16,702 (+182%), from €9,188 to €25,891
of which Plant, machinery and equipment: +€18,342
- Receivables within one year +€8,722
up €8,722 (+42.9%), from €20,352 to €29,074
of which Other amounts receivable: +€11,246
- Stocks and contracts -€6,498
down €6,498 (-35.2%), from €18,440 to €11,942
of which Contracts in progress: -€10,000
- Deferred charges and accrued income -€2,572
down €2,572 (-67.1%), from €3,835 to €1,263
- Other debts -€28,320
down €28,320 (-100%), from €28,320 to €0
- Trade debts +€27,043
up €27,043 (+331%), from €8,159 to €35,202
- Profit (loss) carried forward +€15,311
up €15,311 (+42,260%), from €36 to €15,347
- Tax, wage and social debts -€14,946
down €14,946 (-78.7%), from €19,004 to €4,057
- Gross operating margin +€24,607
up €24,607 (+953%), from €2,583 to €27,190
- Taxes +€3,922
up €3,922 (+2,902%), from €135 to €4,057
- Depreciation +€3,428
up €3,428 (+138%), from €2,489 to €5,918
- Other operating charges +€1,546
up €1,546 (+590%), from €262 to €1,808
- Financial charges +€337
up €337 (+838%), from €40 to €377
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 | €99,836 | €98,924 | -€912 | -0.9% |
| Fixed assets | 21/28 | €9,188 | €25,891 | +€16,702 | +182% |
| Tangible fixed assets | 22/27 | €9,188 | €25,891 | +€16,702 | +182% |
| Plant, machinery and equipment | 23 | €4,501 | €22,843 | +€18,342 | +407% |
| Furniture and vehicles | 24 | €4,687 | €3,048 | -€1,639 | -35.0% |
| Current assets | 29/58 | €90,648 | €73,033 | -€17,614 | -19.4% |
| Stocks and contracts in progress | 3 | €18,440 | €11,942 | -€6,498 | -35.2% |
| Stocks | 30/36 | €8,440 | €11,942 | +€3,502 | +41.5% |
| Contracts in progress | 37 | €10,000 | €0 | -€10,000 | -100% |
| Amounts receivable within one year | 40/41 | €20,352 | €29,074 | +€8,722 | +42.9% |
| Trade receivables | 40 | €19,939 | €17,415 | -€2,524 | -12.7% |
| Other amounts receivable | 41 | €413 | €11,659 | +€11,246 | +2,724% |
| Cash at bank and in hand | 54/58 | €48,021 | €30,754 | -€17,267 | -36.0% |
| Deferred charges and accrued income | 490/1 | €3,835 | €1,263 | -€2,572 | -67.1% |
| Total equity and liabilities | 10/49 | €99,836 | €98,924 | -€912 | -0.9% |
| Equity | 10/15 | €44,354 | €59,665 | +€15,311 | +34.5% |
| Contributions | 10/11 | €7,500 | €7,500 | = | 0.0% |
| Reserves | 13 | €36,818 | €36,818 | = | 0.0% |
| Distributable reserves | 133 | €36,818 | €36,818 | = | 0.0% |
| Profit (loss) carried forward | 14 | €36 | €15,347 | +€15,311 | +42,260% |
| Amounts payable | 17/49 | €55,483 | €39,260 | -€16,223 | -29.2% |
| Amounts payable within one year | 42/48 | €55,483 | €39,260 | -€16,223 | -29.2% |
| Trade debts | 44 | €8,159 | €35,202 | +€27,043 | +331% |
| Suppliers | 440/4 | €8,159 | €35,202 | +€27,043 | +331% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €19,004 | €4,057 | -€14,946 | -78.7% |
| Taxes | 450/3 | €19,004 | €4,057 | -€14,946 | -78.7% |
| Other amounts payable | 47/48 | €28,320 | €0 | -€28,320 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,489 | €5,918 | +€3,428 | +138% |
| Other operating charges | 640/8 | €262 | €1,808 | +€1,546 | +590% |
| Gross operating margin | 9900 | €2,583 | €27,190 | +€24,607 | +953% |
| Operating profit (loss) | 9901 | -€169 | €19,464 | +€19,632 | |
| Financial income | 75/76B | €380 | €281 | -€99 | -26.1% |
| Recurring financial income | 75 | €380 | €281 | -€99 | -26.1% |
| Financial charges | 65/66B | €40 | €377 | +€337 | +838% |
| Recurring financial charges | 65 | €40 | €377 | +€337 | +838% |
| Profit (loss) for the period before taxes | 9903 | €171 | €19,368 | +€19,197 | +11,200% |
| Income taxes | 67/77 | €135 | €4,057 | +€3,922 | +2,902% |
| Profit (loss) for the period | 9904 | €36 | €15,311 | +€15,275 | +42,160% |
| Profit (loss) for the period to be appropriated | 9905 | €36 | €15,311 | +€15,275 | +42,160% |
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 14 October 2026 via checked.be.