Kumbaya: 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.
Kumbaya
Largest movements
- Cash -€8,523
down €8,523 (-99.7%), from €8,545 to €23
mainly Net result for the year (-€16,718) and Investment in fixed assets (net) (-€8,244)
- Tangible fixed assets +€5,253
up €5,253 (+97.2%), from €5,402 to €10,655
of which Plant, machinery and equipment: +€3,312
- Other debts +€17,653
up €17,653 (+826%), from €2,136 to €19,789
- Profit (loss) carried forward -€16,718
new in 2025: -€16,718
- Tax, wage and social debts -€5,707
down €5,707 (-66.2%), from €8,626 to €2,919
- Trade debts +€1,574
new in 2025: €1,574
- Gross operating margin -€22,716
down €22,716, from €10,730 to -€11,985
- Taxes -€1,453
down €1,453 (-69.0%), from €2,108 to €654
- Depreciation +€1,147
up €1,147 (+62.2%), from €1,844 to €2,990
- Staff costs +€274
up €274 (+39.2%), from €699 to €973
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 | €17,761 | €14,563 | -€3,198 | -18.0% |
| Fixed assets | 21/28 | €5,402 | €10,655 | +€5,253 | +97.2% |
| Tangible fixed assets | 22/27 | €5,402 | €10,655 | +€5,253 | +97.2% |
| Plant, machinery and equipment | 23 | €4,086 | €7,397 | +€3,312 | +81.1% |
| Furniture and vehicles | 24 | €1,316 | €3,258 | +€1,942 | +148% |
| Current assets | 29/58 | €12,359 | €3,908 | -€8,452 | -68.4% |
| Amounts receivable within one year | 40/41 | €3,814 | €3,885 | +€71 | +1.9% |
| Trade receivables | 40 | €3,303 | €3,678 | +€375 | +11.3% |
| Other amounts receivable | 41 | €511 | €207 | -€304 | -59.4% |
| Cash at bank and in hand | 54/58 | €8,545 | €23 | -€8,523 | -99.7% |
| Total equity and liabilities | 10/49 | €17,761 | €14,563 | -€3,198 | -18.0% |
| Equity | 10/15 | €7,000 | -€9,718 | -€16,718 | |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €5,000 | €5,000 | = | 0.0% |
| Distributable reserves | 133 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€16,718 | -€16,718 | |
| Amounts payable | 17/49 | €10,761 | €24,281 | +€13,520 | +126% |
| Amounts payable within one year | 42/48 | €10,761 | €24,281 | +€13,520 | +126% |
| Trade debts | 44 | - | €1,574 | +€1,574 | |
| Suppliers | 440/4 | - | €1,574 | +€1,574 | |
| Taxes, remuneration and social security | 45 | €8,626 | €2,919 | -€5,707 | -66.2% |
| Taxes | 450/3 | €8,626 | €2,919 | -€5,707 | -66.2% |
| Other amounts payable | 47/48 | €2,136 | €19,789 | +€17,653 | +826% |
| Remuneration, social security and pensions | 62 | €699 | €973 | +€274 | +39.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,844 | €2,990 | +€1,147 | +62.2% |
| Gross operating margin | 9900 | €10,730 | -€11,985 | -€22,716 | |
| Operating profit (loss) | 9901 | €8,188 | -€15,949 | -€24,136 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €80 | €115 | +€35 | +43.9% |
| Recurring financial charges | 65 | €80 | €115 | +€35 | +43.9% |
| Profit (loss) for the period before taxes | 9903 | €8,108 | -€16,064 | -€24,171 | |
| Income taxes | 67/77 | €2,108 | €654 | -€1,453 | -69.0% |
| Profit (loss) for the period | 9904 | €6,000 | -€16,718 | -€22,718 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,000 | -€16,718 | -€22,718 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.