NINA KABERGS: 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.
NINA KABERGS
Largest movements
- Cash +€3,349
up €3,349 (+27.8%), from €12,041 to €15,390
mainly Net result for the year (+€4,224) and Trade debts (+€726)
- Reserves +€4,224
up €4,224 (+35.5%), from €11,914 to €16,138
- Tax, wage and social debts -€1,439
down €1,439 (-42.2%), from €3,407 to €1,968
- Trade debts +€726
new in 2026: €726
- Other operating charges +€465
new in 2026: €465
- Financial income -€359
no longer reported in 2026 (was €359)
- Gross operating margin -€211
down €211 (-3.2%), from €6,695 to €6,484
- Taxes -€188
down €188 (-14.0%), from €1,348 to €1,160
- Financial charges -€80
down €80 (-24.9%), from €320 to €240
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €18,321 | €21,832 | +€3,511 | +19.2% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €594 | €555 | -€38 | -6.4% |
| Tangible fixed assets | 22/27 | €594 | €555 | -€38 | -6.4% |
| Furniture and vehicles | 24 | €594 | €555 | -€38 | -6.4% |
| Current assets | 29/58 | €17,728 | €21,276 | +€3,549 | +20.0% |
| Amounts receivable within one year | 40/41 | €5,686 | €5,886 | +€200 | +3.5% |
| Trade receivables | 40 | - | €200 | +€200 | |
| Other amounts receivable | 41 | €5,686 | €5,686 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €12,041 | €15,390 | +€3,349 | +27.8% |
| Total equity and liabilities | 10/49 | €18,321 | €21,832 | +€3,511 | +19.2% |
| Equity | 10/15 | €14,914 | €19,138 | +€4,224 | +28.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €11,914 | €16,138 | +€4,224 | +35.5% |
| Distributable reserves | 133 | €11,914 | €16,138 | +€4,224 | +35.5% |
| Amounts payable | 17/49 | €3,407 | €2,694 | -€713 | -20.9% |
| Amounts payable within one year | 42/48 | €3,407 | €2,694 | -€713 | -20.9% |
| Trade debts | 44 | - | €726 | +€726 | |
| Suppliers | 440/4 | - | €726 | +€726 | |
| Taxes, remuneration and social security | 45 | €3,407 | €1,968 | -€1,439 | -42.2% |
| Taxes | 450/3 | €3,407 | €1,968 | -€1,439 | -42.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €333 | €395 | +€62 | +18.5% |
| Other operating charges | 640/8 | - | €465 | +€465 | |
| Gross operating margin | 9900 | €6,695 | €6,484 | -€211 | -3.2% |
| Operating profit (loss) | 9901 | €6,362 | €5,624 | -€738 | -11.6% |
| Financial income | 75/76B | €359 | - | -€359 | |
| Recurring financial income | 75 | €359 | - | -€359 | |
| Financial charges | 65/66B | €320 | €240 | -€80 | -24.9% |
| Recurring financial charges | 65 | €320 | €240 | -€80 | -24.9% |
| Profit (loss) for the period before taxes | 9903 | €6,401 | €5,384 | -€1,018 | -15.9% |
| Income taxes | 67/77 | €1,348 | €1,160 | -€188 | -14.0% |
| Profit (loss) for the period | 9904 | €5,053 | €4,224 | -€830 | -16.4% |
| Profit (loss) for the period to be appropriated | 9905 | €5,053 | €4,224 | -€830 | -16.4% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.