KORTEBUIS: 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.
KORTEBUIS
Largest movements
- Cash -€255,782
down €255,782 (-90.6%), from €282,332 to €26,549
mainly Debts after one year (-€458,318) and Receivables within one year (-€254,567)
- Receivables within one year +€254,567
up €254,567 (+7,727%), from €3,294 to €257,861
of which Trade receivables: +€185,375
- Debts after one year -€458,318
down €458,318 (-21.1%), from €2.2m to €1.7m
- Profit (loss) carried forward +€434,405
up €434,405, from -€133,678 to €300,727
- Gross operating margin +€288,108
up €288,108, from -€2,940 to €285,168
- Financial income +€275,990
up €275,990 (+2,928%), from €9,427 to €285,417
- Financial charges -€29,014
down €29,014 (-20.7%), from €140,165 to €111,151
- Taxes +€9,139
new in 2025: €9,139
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 | €3,500,446 | €3,499,231 | -€1,215 | 0.0% |
| Fixed assets | 21/28 | €3,214,820 | €3,214,820 | = | 0.0% |
| Financial fixed assets | 28 | €3,214,820 | €3,214,820 | = | 0.0% |
| Current assets | 29/58 | €285,626 | €284,411 | -€1,215 | -0.4% |
| Amounts receivable within one year | 40/41 | €3,294 | €257,861 | +€254,567 | +7,727% |
| Trade receivables | 40 | - | €185,375 | +€185,375 | |
| Other amounts receivable | 41 | €3,294 | €72,486 | +€69,192 | +2,100% |
| Cash at bank and in hand | 54/58 | €282,332 | €26,549 | -€255,782 | -90.6% |
| Total equity and liabilities | 10/49 | €3,500,446 | €3,499,231 | -€1,215 | 0.0% |
| Equity | 10/15 | €866,322 | €1,316,555 | +€450,233 | +52.0% |
| Contributions | 10/11 | €1,000,000 | €1,000,000 | = | 0.0% |
| Capital | 10 | €1,000,000 | €1,000,000 | = | 0.0% |
| Issued capital | 100 | €1,000,000 | €1,000,000 | = | 0.0% |
| Reserves | 13 | - | €15,828 | +€15,828 | |
| Non-distributable reserves | 130/1 | - | €15,828 | +€15,828 | |
| Legal reserve | 130 | - | €15,828 | +€15,828 | |
| Profit (loss) carried forward | 14 | -€133,678 | €300,727 | +€434,405 | |
| Amounts payable | 17/49 | €2,634,124 | €2,182,675 | -€451,449 | -17.1% |
| Amounts payable after more than one year | 17 | €2,174,953 | €1,716,636 | -€458,318 | -21.1% |
| Financial debts | 170/4 | €2,174,953 | €1,716,636 | -€458,318 | -21.1% |
| Amounts payable within one year | 42/48 | €459,171 | €466,040 | +€6,869 | +1.5% |
| Current portion of amounts payable after more than one year | 42 | €458,318 | €458,318 | = | 0.0% |
| Trade debts | 44 | €853 | €50 | -€803 | -94.1% |
| Suppliers | 440/4 | €853 | €50 | -€803 | -94.1% |
| Taxes, remuneration and social security | 45 | - | €7,672 | +€7,672 | |
| Taxes | 450/3 | - | €7,672 | +€7,672 | |
| Other operating charges | 640/8 | - | €62 | +€62 | |
| Gross operating margin | 9900 | -€2,940 | €285,168 | +€288,108 | |
| Operating profit (loss) | 9901 | -€2,940 | €285,106 | +€288,046 | |
| Financial income | 75/76B | €9,427 | €285,417 | +€275,990 | +2,928% |
| Recurring financial income | 75 | €9,427 | €285,417 | +€275,990 | +2,928% |
| Financial charges | 65/66B | €140,165 | €111,151 | -€29,014 | -20.7% |
| Recurring financial charges | 65 | €140,165 | €111,151 | -€29,014 | -20.7% |
| Profit (loss) for the period before taxes | 9903 | -€133,678 | €459,372 | +€593,050 | |
| Income taxes | 67/77 | - | €9,139 | +€9,139 | |
| Profit (loss) for the period | 9904 | -€133,678 | €450,233 | +€583,911 | |
| Profit (loss) for the period to be appropriated | 9905 | -€133,678 | €450,233 | +€583,911 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.