KUUMBA: 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.
KUUMBA
Largest movements
- Cash -€25,422
down €25,422 (-85.9%), from €29,601 to €4,180
mainly Contributions, distributions and other (-€29,968) and Accrued charges and deferred income (-€23,069)
- Tangible fixed assets -€24,260
down €24,260 (-4.9%), from €490,693 to €466,433
of which Other tangible fixed assets: -€16,761
- Receivables within one year +€11,436
up €11,436 (+22.9%), from €49,934 to €61,370
of which Trade receivables: +€9,497
- Investment grants -€29,968
down €29,968 (-5.7%), from €523,488 to €493,520
- Accrued charges and deferred income -€23,069
down €23,069 (-64.8%), from €35,600 to €12,531
- Debts within one year +€16,748
up €16,748 (+86.8%), from €19,293 to €36,041
of which Trade debts: +€14,552
- Staff costs +€30,177
up €30,177 (+18.0%), from €167,248 to €197,425
- Gross operating margin +€27,264
up €27,264 (+13.1%), from €208,666 to €235,931
- Purchases and services -€23,778
down €23,778 (-13.7%), from €173,738 to €149,960
- Turnover +€9,431
up €9,431 (+18.0%), from €52,469 to €61,901
- Other operating charges +€5,240
up €5,240 (+486%), from €1,077 to €6,317
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 | €572,363 | €535,410 | -€36,953 | -6.5% |
| Fixed assets | 21/28 | €490,693 | €466,433 | -€24,260 | -4.9% |
| Tangible fixed assets | 22/27 | €490,693 | €466,433 | -€24,260 | -4.9% |
| Plant, machinery and equipment | 23 | €6,970 | €2,651 | -€4,319 | -62.0% |
| Furniture and vehicles | 24 | €12,854 | €9,675 | -€3,180 | -24.7% |
| Other tangible fixed assets | 26 | €470,869 | €454,107 | -€16,761 | -3.6% |
| Current assets | 29/58 | €81,669 | €68,977 | -€12,693 | -15.5% |
| Stocks and contracts in progress | 3 | €1,990 | €1,998 | +€8 | +0.4% |
| Stocks | 30/36 | €1,990 | €1,998 | +€8 | +0.4% |
| Amounts receivable within one year | 40/41 | €49,934 | €61,370 | +€11,436 | +22.9% |
| Trade receivables | 40 | €7,027 | €16,524 | +€9,497 | +135% |
| Other amounts receivable | 41 | €42,906 | €44,846 | +€1,940 | +4.5% |
| Cash at bank and in hand | 54/58 | €29,601 | €4,180 | -€25,422 | -85.9% |
| Deferred charges and accrued income | 490/1 | €145 | €1,429 | +€1,284 | +886% |
| Total equity and liabilities | 10/49 | €572,363 | €535,410 | -€36,953 | -6.5% |
| Equity | 10/15 | €514,470 | €483,838 | -€30,632 | -6.0% |
| Profit (loss) carried forward | 14 | -€9,018 | -€9,682 | -€664 | -7.4% |
| Investment grants | 15 | €523,488 | €493,520 | -€29,968 | -5.7% |
| Amounts payable | 17/49 | €57,893 | €51,572 | -€6,321 | -10.9% |
| Amounts payable after more than one year | 17 | €3,000 | €3,000 | = | 0.0% |
| Other amounts payable | 178/9 | €3,000 | €3,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €19,293 | €36,041 | +€16,748 | +86.8% |
| Trade debts | 44 | €2,541 | €17,094 | +€14,552 | +573% |
| Suppliers | 440/4 | €2,541 | €17,094 | +€14,552 | +573% |
| Taxes, remuneration and social security | 45 | €15,779 | €12,214 | -€3,565 | -22.6% |
| Taxes | 450/3 | €2,497 | €912 | -€1,585 | -63.5% |
| Remuneration and social security | 454/9 | €13,281 | €11,302 | -€1,979 | -14.9% |
| Accrued charges and deferred income | 492/3 | €35,600 | €12,531 | -€23,069 | -64.8% |
| Turnover | 70 | €52,469 | €61,901 | +€9,431 | +18.0% |
| Membership fees, donations, legacies and grants | 73 | €302,728 | €297,417 | -€5,311 | -1.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €173,738 | €149,960 | -€23,778 | -13.7% |
| Remuneration, social security and pensions | 62 | €167,248 | €197,425 | +€30,177 | +18.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,075 | €32,727 | -€1,348 | -4.0% |
| Other operating charges | 640/8 | €1,077 | €6,317 | +€5,240 | +486% |
| Gross operating margin | 9900 | €208,666 | €235,931 | +€27,264 | +13.1% |
| Operating profit (loss) | 9901 | €6,266 | -€538 | -€6,805 | |
| Financial income | 75/76B | €3 | €1 | -€2 | -55.8% |
| Recurring financial income | 75 | €3 | €1 | -€2 | -55.8% |
| Financial charges | 65/66B | €207 | €127 | -€80 | -38.7% |
| Recurring financial charges | 65 | €207 | €127 | -€80 | -38.7% |
| Profit (loss) for the period before taxes | 9903 | €6,062 | -€664 | -€6,726 | |
| Profit (loss) for the period | 9904 | €6,062 | -€664 | -€6,726 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,062 | -€664 | -€6,726 |
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 25 October 2026 via checked.be.