KPBS: what changed
Two fiscal 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.
KPBS
Largest movements
- Receivables within one year +€40,630
up €40,630 (+277.5%), from €14,642 to €55,272
of which Trade receivables: +€36,747
- Tangible fixed assets -€10,792
down €10,792 (-49.3%), from €21,880 to €11,088
of which Furniture and vehicles: -€21,427
- Financial fixed assets +€2,500
up €2,500 (+100.0%), from €2,500 to €5,000
- Trade debts +€26,406
up €26,406 (+262.3%), from €10,069 to €36,475
- Advances received +€12,063
new in 2024: €12,063
- Profit (loss) carried forward -€5,919
down €5,919 (-205.3%), from -€2,883 to -€8,802
- Tax, wage and social debts -€4,885
down €4,885 (-57.6%), from €8,481 to €3,596
- Current portion of long-term debt +€3,625
up €3,625 (+38.7%), from €9,375 to €13,000
- Other operating charges +€5,727
up €5,727 (+217.1%), from €2,638 to €8,364
- Gross operating margin +€3,004
up €3,004 (+30.2%), from €9,936 to €12,939
- Financial charges -€2,576
down €2,576 (-38.3%), from €6,727 to €4,151
of which Non-recurring financial charges: -€1,969
- Financial income -€151
no longer reported in 2024 (was €151)
From the 2023 result to the 2024 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €39,022 | €71,360 | +€32,339 | +82.9% |
| Fixed assets | 21/28 | €24,380 | €16,088 | -€8,292 | -34.0% |
| Tangible fixed assets | 22/27 | €21,880 | €11,088 | -€10,792 | -49.3% |
| Plant, machinery and equipment | 23 | - | €10,636 | +€10,636 | |
| Furniture and vehicles | 24 | €21,880 | €453 | -€21,427 | -97.9% |
| Financial fixed assets | 28 | €2,500 | €5,000 | +€2,500 | +100.0% |
| Current assets | 29/58 | €14,642 | €55,272 | +€40,630 | +277.5% |
| Amounts receivable within one year | 40/41 | €14,642 | €55,272 | +€40,630 | +277.5% |
| Trade receivables | 40 | €14,642 | €51,389 | +€36,747 | +251.0% |
| Other amounts receivable | 41 | - | €3,883 | +€3,883 | |
| Total equity and liabilities | 10/49 | €39,022 | €71,360 | +€32,339 | +82.9% |
| Equity | 10/15 | €417 | -€5,502 | -€5,919 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Capital | 10 | €3,000 | - | -€3,000 | |
| Issued capital | 100 | €3,000 | - | -€3,000 | |
| Reserves | 13 | €300 | €300 | = | 0.0% |
| Non-distributable reserves | 130/1 | €300 | €300 | = | 0.0% |
| Legal reserve | 130 | €300 | - | -€300 | |
| Reserves not available under the articles | 1311 | - | €300 | +€300 | |
| Profit (loss) carried forward | 14 | -€2,883 | -€8,802 | -€5,919 | -205.3% |
| Amounts payable | 17/49 | €38,605 | €76,862 | +€38,257 | +99.1% |
| Amounts payable within one year | 42/48 | €38,605 | €76,862 | +€38,257 | +99.1% |
| Current portion of amounts payable after more than one year | 42 | €9,375 | €13,000 | +€3,625 | +38.7% |
| Financial debts | 43 | €9,437 | €11,728 | +€2,291 | +24.3% |
| Credit institutions | 430/8 | €9,437 | €11,728 | +€2,291 | +24.3% |
| Trade debts | 44 | €10,069 | €36,475 | +€26,406 | +262.3% |
| Suppliers | 440/4 | €10,069 | €36,475 | +€26,406 | +262.3% |
| Advances received on contracts in progress | 46 | - | €12,063 | +€12,063 | |
| Taxes, remuneration and social security | 45 | €8,481 | €3,596 | -€4,885 | -57.6% |
| Taxes | 450/3 | €8,481 | €3,596 | -€4,885 | -57.6% |
| Other amounts payable | 47/48 | €1,243 | - | -€1,243 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,532 | €3,532 | = | 0.0% |
| Other operating charges | 640/8 | €2,638 | €8,364 | +€5,727 | +217.1% |
| Non-recurring operating charges | 66A | - | €2,812 | +€2,812 | |
| Gross operating margin | 9900 | €9,936 | €12,939 | +€3,004 | +30.2% |
| Operating profit (loss) | 9901 | €3,766 | -€1,768 | -€5,534 | |
| Financial income | 75/76B | €151 | - | -€151 | |
| Recurring financial income | 75 | €151 | - | -€151 | |
| Financial charges | 65/66B | €6,727 | €4,151 | -€2,576 | -38.3% |
| Recurring financial charges | 65 | €4,758 | €4,151 | -€608 | -12.8% |
| Non-recurring financial charges | 66B | €1,969 | - | -€1,969 | |
| Profit (loss) for the period before taxes | 9903 | -€2,810 | -€5,919 | -€3,109 | -110.6% |
| Profit (loss) for the period | 9904 | -€2,810 | -€5,919 | -€3,109 | -110.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,810 | -€5,919 | -€3,109 | -110.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.