ACCOD KEMPEN: 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.
ACCOD KEMPEN
Largest movements
- Receivables within one year +€19,459
up €19,459 (+145%), from €13,412 to €32,870
of which Other amounts receivable: +€18,239
- Cash -€13,910
down €13,910 (-100.0%), from €13,916 to €6
mainly Receivables within one year (-€19,459) and Deferred charges and accrued income (-€8,728)
- Deferred charges and accrued income +€8,728
new in 2025: €8,728
- Tangible fixed assets +€1,791
new in 2025: €1,791
- Tax, wage and social debts +€11,107
up €11,107 (+80.9%), from €13,736 to €24,843
of which Taxes: +€8,107
- Reserves +€4,338
up €4,338 (+44.2%), from €9,807 to €14,146
- Short-term financial debts +€668
new in 2025: €668
- Gross operating margin -€3,490
down €3,490 (-23.7%), from €14,743 to €11,253
- Financial income +€2,544
up €2,544 (+1,197%), from €212 to €2,756
- Financial charges +€2,157
up €2,157 (+1,149%), from €188 to €2,345
- Taxes +€1,939
up €1,939 (+43.7%), from €4,438 to €6,378
- Depreciation +€400
new in 2025: €400
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 | €27,328 | €43,395 | +€16,067 | +58.8% |
| Fixed assets | 21/28 | - | €1,791 | +€1,791 | |
| Tangible fixed assets | 22/27 | - | €1,791 | +€1,791 | |
| Furniture and vehicles | 24 | - | €1,791 | +€1,791 | |
| Current assets | 29/58 | €27,328 | €41,604 | +€14,276 | +52.2% |
| Amounts receivable within one year | 40/41 | €13,412 | €32,870 | +€19,459 | +145% |
| Trade receivables | 40 | - | €1,219 | +€1,219 | |
| Other amounts receivable | 41 | €13,412 | €31,651 | +€18,239 | +136% |
| Cash at bank and in hand | 54/58 | €13,916 | €6 | -€13,910 | -100.0% |
| Deferred charges and accrued income | 490/1 | - | €8,728 | +€8,728 | |
| Total equity and liabilities | 10/49 | €27,328 | €43,395 | +€16,067 | +58.8% |
| Equity | 10/15 | €12,807 | €17,146 | +€4,338 | +33.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €9,807 | €14,146 | +€4,338 | +44.2% |
| Distributable reserves | 133 | €9,807 | €14,146 | +€4,338 | +44.2% |
| Amounts payable | 17/49 | €14,521 | €26,249 | +€11,729 | +80.8% |
| Amounts payable within one year | 42/48 | €14,521 | €26,249 | +€11,729 | +80.8% |
| Financial debts | 43 | - | €668 | +€668 | |
| Credit institutions | 430/8 | - | €668 | +€668 | |
| Trade debts | 44 | €784 | €739 | -€46 | -5.8% |
| Suppliers | 440/4 | €784 | €739 | -€46 | -5.8% |
| Taxes, remuneration and social security | 45 | €13,736 | €24,843 | +€11,107 | +80.9% |
| Taxes | 450/3 | €13,736 | €21,843 | +€8,107 | +59.0% |
| Remuneration and social security | 454/9 | - | €3,000 | +€3,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €400 | +€400 | |
| Other operating charges | 640/8 | €522 | €548 | +€26 | +4.9% |
| Gross operating margin | 9900 | €14,743 | €11,253 | -€3,490 | -23.7% |
| Operating profit (loss) | 9901 | €14,221 | €10,305 | -€3,916 | -27.5% |
| Financial income | 75/76B | €212 | €2,756 | +€2,544 | +1,197% |
| Recurring financial income | 75 | €212 | €2,756 | +€2,544 | +1,197% |
| Financial charges | 65/66B | €188 | €2,345 | +€2,157 | +1,149% |
| Recurring financial charges | 65 | €188 | €2,345 | +€2,157 | +1,149% |
| Profit (loss) for the period before taxes | 9903 | €14,246 | €10,716 | -€3,529 | -24.8% |
| Income taxes | 67/77 | €4,438 | €6,378 | +€1,939 | +43.7% |
| Profit (loss) for the period | 9904 | €9,807 | €4,338 | -€5,469 | -55.8% |
| Profit (loss) for the period to be appropriated | 9905 | €9,807 | €4,338 | -€5,469 | -55.8% |
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 18 October 2026 via checked.be.