De Kimpe M.: 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.
De Kimpe M.
Largest movements
- Receivables within one year +€424,917
up €424,917 (+3,203%), from €13,267 to €438,184
of which Trade receivables: +€424,912
- Tangible fixed assets +€339,119
up €339,119 (+12,763%), from €2,657 to €341,776
of which Land and buildings: +€339,970
- Cash -€32,415
down €32,415 (-37.1%), from €87,264 to €54,850
mainly Receivables within one year (-€424,917) and Investment in fixed assets (net) (-€347,632)
- Trade debts +€343,597
up €343,597 (+16,121%), from €2,131 to €345,729
- Other debts +€238,429
up €238,429 (+724%), from €32,954 to €271,384
- Debts after one year +€205,245
up €205,245 (+50.1%), from €410,000 to €615,245
- Reserves -€145,000
down €145,000 (-39.2%), from €370,000 to €225,000
- Current portion of long-term debt +€96,235
up €96,235 (+160,392%), from €60 to €96,295
- Gross operating margin +€20,957
up €20,957 (+43.8%), from €47,844 to €68,800
- Financial income +€20,383
up €20,383 (+37.1%), from €54,917 to €75,300
- Depreciation +€7,662
up €7,662 (+900%), from €851 to €8,513
- Taxes +€5,587
up €5,587 (+91.4%), from €6,114 to €11,701
- Financial charges -€1,114
down €1,114 (-5.7%), from €19,614 to €18,500
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 | €841,138 | €1,572,759 | +€731,621 | +87.0% |
| Fixed assets | 21/28 | €738,217 | €1,077,336 | +€339,119 | +45.9% |
| Tangible fixed assets | 22/27 | €2,657 | €341,776 | +€339,119 | +12,763% |
| Land and buildings | 22 | - | €339,970 | +€339,970 | |
| Furniture and vehicles | 24 | €2,657 | €1,806 | -€851 | -32.0% |
| Financial fixed assets | 28 | €735,560 | €735,560 | = | 0.0% |
| Current assets | 29/58 | €102,921 | €495,423 | +€392,502 | +381% |
| Stocks and contracts in progress | 3 | €2,390 | €2,390 | = | 0.0% |
| Stocks | 30/36 | €2,390 | €2,390 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €13,267 | €438,184 | +€424,917 | +3,203% |
| Trade receivables | 40 | €11,293 | €436,205 | +€424,912 | +3,762% |
| Other amounts receivable | 41 | €1,973 | €1,979 | +€6 | +0.3% |
| Cash at bank and in hand | 54/58 | €87,264 | €54,850 | -€32,415 | -37.1% |
| Total equity and liabilities | 10/49 | €841,138 | €1,572,759 | +€731,621 | +87.0% |
| Equity | 10/15 | €371,163 | €226,404 | -€144,759 | -39.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €370,000 | €225,000 | -€145,000 | -39.2% |
| Distributable reserves | 133 | €370,000 | €225,000 | -€145,000 | -39.2% |
| Profit (loss) carried forward | 14 | €163 | €404 | +€241 | +148% |
| Amounts payable | 17/49 | €469,974 | €1,346,354 | +€876,380 | +186% |
| Amounts payable after more than one year | 17 | €410,000 | €615,245 | +€205,245 | +50.1% |
| Financial debts | 170/4 | €410,000 | €615,245 | +€205,245 | +50.1% |
| Amounts payable within one year | 42/48 | €55,409 | €727,042 | +€671,634 | +1,212% |
| Current portion of amounts payable after more than one year | 42 | €60 | €96,295 | +€96,235 | +160,392% |
| Trade debts | 44 | €2,131 | €345,729 | +€343,597 | +16,121% |
| Suppliers | 440/4 | €2,131 | €345,729 | +€343,597 | +16,121% |
| Taxes, remuneration and social security | 45 | €20,263 | €13,635 | -€6,628 | -32.7% |
| Taxes | 450/3 | €20,263 | €13,635 | -€6,628 | -32.7% |
| Other amounts payable | 47/48 | €32,954 | €271,384 | +€238,429 | +724% |
| Accrued charges and deferred income | 492/3 | €4,566 | €4,067 | -€499 | -10.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €851 | €8,513 | +€7,662 | +900% |
| Other operating charges | 640/8 | €141 | €144 | +€4 | +2.6% |
| Gross operating margin | 9900 | €47,844 | €68,800 | +€20,957 | +43.8% |
| Operating profit (loss) | 9901 | €46,852 | €60,143 | +€13,291 | +28.4% |
| Financial income | 75/76B | €54,917 | €75,300 | +€20,383 | +37.1% |
| Recurring financial income | 75 | €54,917 | €75,300 | +€20,383 | +37.1% |
| Financial charges | 65/66B | €19,614 | €18,500 | -€1,114 | -5.7% |
| Recurring financial charges | 65 | €19,614 | €18,500 | -€1,114 | -5.7% |
| Profit (loss) for the period before taxes | 9903 | €82,155 | €116,942 | +€34,787 | +42.3% |
| Income taxes | 67/77 | €6,114 | €11,701 | +€5,587 | +91.4% |
| Profit (loss) for the period | 9904 | €76,041 | €105,241 | +€29,200 | +38.4% |
| Profit (loss) for the period to be appropriated | 9905 | €76,041 | €105,241 | +€29,200 | +38.4% |
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 17 October 2026 via checked.be.