De Kempeneer BV: what changed
De Kempeneer BV
Largest movements
- Tangible fixed assets -€65,487
down €65,487 (-82.0%), from €79,893 to €14,406
of which Furniture and vehicles: -€63,961
- Receivables after one year +€60,000
new in 2025: €60,000
- Current investments +€23,205
new in 2025: €23,205
- Cash -€14,997
down €14,997 (-83.2%), from €18,014 to €3,017
mainly Receivables after one year (-€60,000) and Debts after one year (-€25,546)
- Receivables within one year +€10,768
up €10,768 (+55.6%), from €19,373 to €30,141
of which Trade receivables: +€7,288
- Debts after one year -€25,546
down €25,546 (-85.4%), from €29,898 to €4,352
- Reserves +€21,966
up €21,966 (+54.8%), from €40,061 to €62,027
- Tax, wage and social debts +€15,562
up €15,562 (+108%), from €14,385 to €29,947
- Short-term financial debts -€1,732
down €1,732 (-98.2%), from €1,764 to €31
- Trade debts -€1,448
down €1,448 (-24.9%), from €5,827 to €4,379
- Gross operating margin -€26,212
down €26,212 (-36.4%), from €71,980 to €45,768
- Depreciation -€12,199
down €12,199 (-78.9%), from €15,469 to €3,270
- Taxes -€2,991
down €2,991 (-26.8%), from €11,154 to €8,162
- Other operating charges -€1,810
down €1,810 (-60.2%), from €3,005 to €1,195
- Staff costs +€952
new in 2025: €952
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €120,975 | €130,769 | +€9,795 | +8.1% |
| Fixed assets | 21/28 | €79,893 | €14,406 | -€65,487 | -82.0% |
| Tangible fixed assets | 22/27 | €79,893 | €14,406 | -€65,487 | -82.0% |
| Furniture and vehicles | 24 | €69,107 | €5,146 | -€63,961 | -92.6% |
| Other tangible fixed assets | 26 | €10,786 | €9,260 | -€1,526 | -14.1% |
| Current assets | 29/58 | €41,082 | €116,363 | +€75,281 | +183% |
| Amounts receivable after more than one year | 29 | - | €60,000 | +€60,000 | |
| Other amounts receivable | 291 | - | €60,000 | +€60,000 | |
| Stocks and contracts in progress | 3 | €702 | €0 | -€702 | -100% |
| Stocks | 30/36 | €702 | €0 | -€702 | -100% |
| Amounts receivable within one year | 40/41 | €19,373 | €30,141 | +€10,768 | +55.6% |
| Trade receivables | 40 | €19,056 | €26,344 | +€7,288 | +38.2% |
| Other amounts receivable | 41 | €317 | €3,797 | +€3,480 | +1,098% |
| Current investments | 50/53 | - | €23,205 | +€23,205 | |
| Cash at bank and in hand | 54/58 | €18,014 | €3,017 | -€14,997 | -83.2% |
| Deferred charges and accrued income | 490/1 | €2,993 | €0 | -€2,993 | -100% |
| Total equity and liabilities | 10/49 | €120,975 | €130,769 | +€9,795 | +8.1% |
| Equity | 10/15 | €42,561 | €64,527 | +€21,966 | +51.6% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €40,061 | €62,027 | +€21,966 | +54.8% |
| Distributable reserves | 133 | €40,061 | €62,027 | +€21,966 | +54.8% |
| Amounts payable | 17/49 | €78,414 | €66,242 | -€12,172 | -15.5% |
| Amounts payable after more than one year | 17 | €29,898 | €4,352 | -€25,546 | -85.4% |
| Financial debts | 170/4 | €29,898 | €4,352 | -€25,546 | -85.4% |
| Amounts payable within one year | 42/48 | €48,515 | €61,890 | +€13,374 | +27.6% |
| Current portion of amounts payable after more than one year | 42 | €24,599 | €25,546 | +€947 | +3.8% |
| Financial debts | 43 | €1,764 | €31 | -€1,732 | -98.2% |
| Credit institutions | 430/8 | €1,764 | €31 | -€1,732 | -98.2% |
| Trade debts | 44 | €5,827 | €4,379 | -€1,448 | -24.9% |
| Suppliers | 440/4 | €5,827 | €4,379 | -€1,448 | -24.9% |
| Taxes, remuneration and social security | 45 | €14,385 | €29,947 | +€15,562 | +108% |
| Taxes | 450/3 | €14,385 | €29,947 | +€15,562 | +108% |
| Other amounts payable | 47/48 | €1,940 | €1,987 | +€46 | +2.4% |
| Remuneration, social security and pensions | 62 | - | €952 | +€952 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,469 | €3,270 | -€12,199 | -78.9% |
| Other operating charges | 640/8 | €3,005 | €1,195 | -€1,810 | -60.2% |
| Non-recurring operating charges | 66A | - | €8,344 | +€8,344 | |
| Gross operating margin | 9900 | €71,980 | €45,768 | -€26,212 | -36.4% |
| Operating profit (loss) | 9901 | €53,506 | €32,008 | -€21,498 | -40.2% |
| Financial income | 75/76B | €360 | €301 | -€59 | -16.5% |
| Recurring financial income | 75 | €360 | €301 | -€59 | -16.5% |
| Financial charges | 65/66B | €2,651 | €2,180 | -€472 | -17.8% |
| Recurring financial charges | 65 | €2,651 | €2,180 | -€472 | -17.8% |
| Profit (loss) for the period before taxes | 9903 | €51,215 | €30,129 | -€21,086 | -41.2% |
| Income taxes | 67/77 | €11,154 | €8,162 | -€2,991 | -26.8% |
| Profit (loss) for the period | 9904 | €40,061 | €21,966 | -€18,095 | -45.2% |
| Profit (loss) for the period to be appropriated | 9905 | €40,061 | €21,966 | -€18,095 | -45.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.