KYBUC'S: 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.
KYBUC'S
Largest movements
- Receivables within one year +€33,422
up €33,422 (+49.4%), from €67,603 to €101,025
of which Other amounts receivable: +€38,313
- Cash -€30,220
down €30,220 (-51.4%), from €58,809 to €28,589
mainly Receivables within one year (-€33,422) and Tax, wage and social debts (-€8,271)
- Tangible fixed assets -€1,376
down €1,376 (-36.8%), from €3,739 to €2,363
- Other debts +€15,802
new in 2025: €15,802
- Tax, wage and social debts -€8,271
no longer reported in 2025 (was €8,271)
- Trade debts -€7,958
down €7,958 (-75.3%), from €10,570 to €2,612
- Reserves +€2,254
up €2,254 (+2.4%), from €92,710 to €94,964
of which Distributable reserves: +€4,114
- Gross operating margin -€29,837
down €29,837 (-76.9%), from €38,800 to €8,963
- Taxes -€8,139
down €8,139 (-65.0%), from €12,530 to €4,392
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.
Cash bridge derived
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 | €130,151 | €131,978 | +€1,826 | +1.4% |
| Fixed assets | 21/28 | €3,739 | €2,363 | -€1,376 | -36.8% |
| Tangible fixed assets | 22/27 | €3,739 | €2,363 | -€1,376 | -36.8% |
| Furniture and vehicles | 24 | €3,739 | €2,363 | -€1,376 | -36.8% |
| Current assets | 29/58 | €126,413 | €129,614 | +€3,202 | +2.5% |
| Amounts receivable within one year | 40/41 | €67,603 | €101,025 | +€33,422 | +49.4% |
| Trade receivables | 40 | €10,750 | €5,859 | -€4,891 | -45.5% |
| Other amounts receivable | 41 | €56,853 | €95,166 | +€38,313 | +67.4% |
| Cash at bank and in hand | 54/58 | €58,809 | €28,589 | -€30,220 | -51.4% |
| Total equity and liabilities | 10/49 | €130,151 | €131,978 | +€1,826 | +1.4% |
| Equity | 10/15 | €111,310 | €113,564 | +€2,254 | +2.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Share premium | 1100/10 | - | €18,600 | +€18,600 | |
| Other | 1109/19 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €92,710 | €94,964 | +€2,254 | +2.4% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €90,850 | €94,964 | +€4,114 | +4.5% |
| Amounts payable | 17/49 | €18,841 | €18,414 | -€427 | -2.3% |
| Amounts payable within one year | 42/48 | €18,841 | €18,414 | -€427 | -2.3% |
| Trade debts | 44 | €10,570 | €2,612 | -€7,958 | -75.3% |
| Suppliers | 440/4 | €10,570 | €2,612 | -€7,958 | -75.3% |
| Taxes, remuneration and social security | 45 | €8,271 | - | -€8,271 | |
| Taxes | 450/3 | €8,271 | - | -€8,271 | |
| Other amounts payable | 47/48 | - | €15,802 | +€15,802 | |
| Non-recurring operating income | 76A | €3,730 | €4,380 | +€651 | +17.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,376 | €1,376 | = | 0.0% |
| Other operating charges | 640/8 | €1,040 | €824 | -€216 | -20.7% |
| Gross operating margin | 9900 | €38,800 | €8,963 | -€29,837 | -76.9% |
| Operating profit (loss) | 9901 | €36,384 | €6,763 | -€29,621 | -81.4% |
| Financial income | 75/76B | €19 | €170 | +€151 | +788.6% |
| Recurring financial income | 75 | €19 | €170 | +€151 | +788.6% |
| Financial charges | 65/66B | €353 | €288 | -€65 | -18.5% |
| Recurring financial charges | 65 | €353 | €288 | -€65 | -18.5% |
| Profit (loss) for the period before taxes | 9903 | €36,050 | €6,645 | -€29,405 | -81.6% |
| Income taxes | 67/77 | €12,530 | €4,392 | -€8,139 | -65.0% |
| Profit (loss) for the period | 9904 | €23,520 | €2,254 | -€21,267 | -90.4% |
| Profit (loss) for the period to be appropriated | 9905 | €23,520 | €2,254 | -€21,267 | -90.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.