KPRO
ActiveFinancials · financial year 2025, micro format
Annual accounts 2025 filed on 17-07-2026 at the NBB all 3 filings
Every figure per financial year
The operating result for 2025 is a profit of €1,645, after a loss of €6,397 in 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Other operating charges640/8 | €21,238 | €1,522 | €616 | ▼ 59.5% |
| Gross operating margin9900 | €41,880 | -€4,875 | €2,262 | - |
| Operating profit (loss)9901 | €20,642 | -€6,397 | €1,645 | - |
| Financial charges65/66B | €27,157 | €26,189 | €26,718 | ▲ 2.0% |
| Recurring financial charges65 | €27,157 | €26,189 | €26,718 | ▲ 2.0% |
| Profit (loss) for the period before taxes9903 | -€6,515 | -€32,586 | -€25,073 | ▲ 23.1% |
| Profit (loss) for the period9904 | -€6,515 | -€32,586 | -€25,073 | ▲ 23.1% |
| Profit (loss) for the period to be appropriated9905 | -€6,515 | -€32,586 | -€25,073 | ▲ 23.1% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €623,885 | €591,408 | €606,495 | ▲ 2.6% |
| Current assets29/58 | €623,885 | €591,408 | €606,495 | ▲ 2.6% |
| Stocks and contracts in progress3 | €530,000 | €530,000 | €548,500 | ▲ 3.5% |
| Stocks30/36 | €480,000 | €480,000 | €498,500 | ▲ 3.9% |
| Contracts in progress37 | €50,000 | €50,000 | €50,000 | = |
| Amounts receivable within one year40/41 | €276 | - | - | - |
| Other amounts receivable41 | €276 | - | - | - |
| Cash at bank and in hand54/58 | €93,609 | €61,408 | €57,995 | ▼ 5.6% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €623,885 | €591,408 | €606,495 | ▲ 2.6% |
| Equity10/15 | -€3,515 | -€36,101 | -€61,174 | ▼ 69.5% |
| Contributions10/11 | €3,000 | €3,000 | €3,000 | = |
| Profit (loss) carried forward14 | -€6,515 | -€39,101 | -€64,174 | ▼ 64.1% |
| Amounts payable17/49 | €627,400 | €627,509 | €667,670 | ▲ 6.4% |
| Amounts payable after more than one year17 | €600,000 | €600,000 | €600,000 | = |
| Financial debts170/4 | €600,000 | €600,000 | €600,000 | = |
| Amounts payable within one year42/48 | €1,300 | €1,409 | €41,570 | ▲ 30× |
| Trade debts44 | - | - | €15,072 | - |
| Suppliers440/4 | - | - | €15,072 | - |
| Taxes, remuneration and social security45 | - | €109 | €397 | ▲ 266% |
| Taxes450/3 | - | €109 | €397 | ▲ 266% |
| Other amounts payable47/48 | €1,300 | €1,300 | €26,100 | ▲ 20× |
| Accrued charges and deferred income492/3 | €26,100 | €26,100 | €26,100 | = |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€6,515 | -€32,586 | -€25,073 | ▲ 23.1% |
| Operating cash flow (approximation) | -€6,515 | -€32,586 | -€25,073 | ▲ 23.1% |
| Change in cash | - | -€32,202 | -€3,412 | ▲ 89.4% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 1,251 companies had the same profile as KPRO has now. Two years later, 96.6% were still going and 1.0% had gone bankrupt.
- Small
- 2 to 5 years old
- negative equity
- a small loss
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of KPRO itself: 0.2% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,251 companies, not a prediction for KPRO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.