KOBEMAT: 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.
KOBEMAT
Largest movements
- Tangible fixed assets -€14,065
down €14,065 (-11.8%), from €119,069 to €105,004
of which Furniture and vehicles: -€13,695
- Receivables within one year +€8,920
up €8,920 (+14.3%), from €62,541 to €71,461
of which Trade receivables: +€19,670
- Deferred charges and accrued income -€7,499
down €7,499 (-84.4%), from €8,887 to €1,388
- Debts after one year -€17,213
down €17,213 (-23.8%), from €72,232 to €55,019
of which Financial debts: -€17,213
- Tax, wage and social debts +€12,137
up €12,137 (+736%), from €1,650 to €13,787
- Profit (loss) carried forward -€6,950
new in 2025: -€6,950
- Trade debts -€5,432
down €5,432 (-21.8%), from €24,913 to €19,481
- Short-term financial debts +€4,456
new in 2025: €4,456
- Gross operating margin -€20,505
down €20,505 (-28.4%), from €72,291 to €51,786
- Depreciation +€6,858
up €6,858 (+43.8%), from €15,656 to €22,514
- Other operating charges +€4,879
up €4,879 (+95.1%), from €5,130 to €10,009
- Taxes +€4,027
up €4,027 (+28.0%), from €14,371 to €18,398
- Financial charges +€1,750
up €1,750 (+28.8%), from €6,072 to €7,822
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 | €211,662 | €199,440 | -€12,223 | -5.8% |
| Fixed assets | 21/28 | €119,069 | €105,004 | -€14,065 | -11.8% |
| Tangible fixed assets | 22/27 | €119,069 | €105,004 | -€14,065 | -11.8% |
| Furniture and vehicles | 24 | €118,219 | €104,524 | -€13,695 | -11.6% |
| Other tangible fixed assets | 26 | €850 | €481 | -€370 | -43.5% |
| Current assets | 29/58 | €92,593 | €94,435 | +€1,842 | +2.0% |
| Stocks and contracts in progress | 3 | €20,000 | €20,000 | = | 0.0% |
| Stocks | 30/36 | €0 | - | = | |
| Contracts in progress | 37 | €20,000 | €20,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €62,541 | €71,461 | +€8,920 | +14.3% |
| Trade receivables | 40 | €48,389 | €68,059 | +€19,670 | +40.6% |
| Other amounts receivable | 41 | €14,152 | €3,402 | -€10,750 | -76.0% |
| Cash at bank and in hand | 54/58 | €1,165 | €1,586 | +€421 | +36.2% |
| Deferred charges and accrued income | 490/1 | €8,887 | €1,388 | -€7,499 | -84.4% |
| Total equity and liabilities | 10/49 | €211,662 | €199,440 | -€12,223 | -5.8% |
| Equity | 10/15 | €96,434 | €89,484 | -€6,950 | -7.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €76,434 | €76,434 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €74,434 | €74,434 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€6,950 | -€6,950 | |
| Amounts payable | 17/49 | €115,228 | €109,956 | -€5,272 | -4.6% |
| Amounts payable after more than one year | 17 | €72,232 | €55,019 | -€17,213 | -23.8% |
| Financial debts | 170/4 | €72,232 | €55,019 | -€17,213 | -23.8% |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €42,996 | €54,937 | +€11,941 | +27.8% |
| Current portion of amounts payable after more than one year | 42 | €16,433 | €17,213 | +€781 | +4.7% |
| Financial debts | 43 | - | €4,456 | +€4,456 | |
| Credit institutions | 430/8 | - | €4,456 | +€4,456 | |
| Trade debts | 44 | €24,913 | €19,481 | -€5,432 | -21.8% |
| Suppliers | 440/4 | €24,913 | €19,481 | -€5,432 | -21.8% |
| Taxes, remuneration and social security | 45 | €1,650 | €13,787 | +€12,137 | +736% |
| Taxes | 450/3 | €1,650 | €13,787 | +€12,137 | +736% |
| Non-recurring operating income | 76A | €1,470 | €8,567 | +€7,097 | +483% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,656 | €22,514 | +€6,858 | +43.8% |
| Other operating charges | 640/8 | €5,130 | €10,009 | +€4,879 | +95.1% |
| Non-recurring operating charges | 66A | €19,571 | €0 | -€19,571 | -100% |
| Gross operating margin | 9900 | €72,291 | €51,786 | -€20,505 | -28.4% |
| Operating profit (loss) | 9901 | €31,933 | €19,262 | -€12,671 | -39.7% |
| Financial income | 75/76B | €22 | €8 | -€14 | -64.6% |
| Recurring financial income | 75 | €22 | €8 | -€14 | -64.6% |
| Financial charges | 65/66B | €6,072 | €7,822 | +€1,750 | +28.8% |
| Recurring financial charges | 65 | €6,072 | €7,822 | +€1,750 | +28.8% |
| Profit (loss) for the period before taxes | 9903 | €25,883 | €11,448 | -€14,435 | -55.8% |
| Income taxes | 67/77 | €14,371 | €18,398 | +€4,027 | +28.0% |
| Profit (loss) for the period | 9904 | €11,512 | -€6,950 | -€18,462 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,512 | -€6,950 | -€18,462 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.