Dr. KAMPIL JOSE: 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.
Dr. KAMPIL JOSE
Largest movements
- Current investments -€559,858
down €559,858 (-100.0%), from €559,858 to €0
- Cash +€402,991
up €402,991 (+587.8%), from €68,561 to €471,552
mainly Current investments (+€559,858) and Net result for the year (+€200,058)
- Receivables within one year +€299,021
up €299,021 (+293.5%), from €101,865 to €400,885
- Tangible fixed assets -€14,407
down €14,407 (-61.9%), from €23,291 to €8,883
of which Furniture and vehicles: -€14,255
- Reserves +€200,058
up €200,058 (+29.9%), from €668,209 to €868,267
- Other debts -€49,090
down €49,090 (-100.0%), from €49,090 to €0
- Tax, wage and social debts -€16,972
down €16,972 (-81.9%), from €20,722 to €3,750
of which Taxes: -€15,972
- Current portion of long-term debt -€10,938
down €10,938 (-100.0%), from €10,938 to €0
- Financial income +€109,613
up €109,613 (+1073.8%), from €10,208 to €119,821
of which Financial income: +€109,613
- Gross operating margin -€48,599
down €48,599 (-22.1%), from €219,936 to €171,337
- Taxes +€8,089
up €8,089 (+12.0%), from €67,396 to €75,485
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.
Cash bridge derived
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 | €761,826 | €884,836 | +€123,010 | +16.1% |
| Fixed assets | 21/28 | €23,291 | €8,883 | -€14,407 | -61.9% |
| Tangible fixed assets | 22/27 | €23,291 | €8,883 | -€14,407 | -61.9% |
| Land and buildings | 22 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €153 | €0 | -€153 | -100.0% |
| Furniture and vehicles | 24 | €23,138 | €8,883 | -€14,255 | -61.6% |
| Current assets | 29/58 | €738,535 | €875,952 | +€137,417 | +18.6% |
| Amounts receivable after more than one year | 29 | €100 | €0 | -€100 | -100.0% |
| Other amounts receivable | 291 | €100 | €0 | -€100 | -100.0% |
| Amounts receivable within one year | 40/41 | €101,865 | €400,885 | +€299,021 | +293.5% |
| Other amounts receivable | 41 | €101,865 | €400,885 | +€299,021 | +293.5% |
| Current investments | 50/53 | €559,858 | €0 | -€559,858 | -100.0% |
| Cash at bank and in hand | 54/58 | €68,561 | €471,552 | +€402,991 | +587.8% |
| Deferred charges and accrued income | 490/1 | €8,151 | €3,515 | -€4,636 | -56.9% |
| Total equity and liabilities | 10/49 | €761,826 | €884,836 | +€123,010 | +16.1% |
| Equity | 10/15 | €680,609 | €880,667 | +€200,058 | +29.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €668,209 | €868,267 | +€200,058 | +29.9% |
| Distributable reserves | 133 | €668,209 | €868,267 | +€200,058 | +29.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €81,217 | €4,169 | -€77,048 | -94.9% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €81,217 | €4,169 | -€77,048 | -94.9% |
| Current portion of amounts payable after more than one year | 42 | €10,938 | €0 | -€10,938 | -100.0% |
| Trade debts | 44 | €467 | €419 | -€49 | -10.4% |
| Suppliers | 440/4 | €467 | €419 | -€49 | -10.4% |
| Taxes, remuneration and social security | 45 | €20,722 | €3,750 | -€16,972 | -81.9% |
| Taxes | 450/3 | €19,722 | €3,750 | -€15,972 | -81.0% |
| Remuneration and social security | 454/9 | €1,000 | €0 | -€1,000 | -100.0% |
| Other amounts payable | 47/48 | €49,090 | €0 | -€49,090 | -100.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,088 | €14,407 | -€681 | -4.5% |
| Other operating charges | 640/8 | €716 | €633 | -€82 | -11.5% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €219,936 | €171,337 | -€48,599 | -22.1% |
| Operating profit (loss) | 9901 | €204,133 | €156,297 | -€47,836 | -23.4% |
| Financial income | 75/76B | €10,208 | €119,821 | +€109,613 | +1073.8% |
| Recurring financial income | 75 | €10,208 | €119,821 | +€109,613 | +1073.8% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €1,418 | €575 | -€843 | -59.4% |
| Recurring financial charges | 65 | €1,418 | €575 | -€843 | -59.4% |
| Profit (loss) for the period before taxes | 9903 | €212,923 | €275,543 | +€62,620 | +29.4% |
| Income taxes | 67/77 | €67,396 | €75,485 | +€8,089 | +12.0% |
| Profit (loss) for the period | 9904 | €145,527 | €200,058 | +€54,531 | +37.5% |
| Profit (loss) for the period to be appropriated | 9905 | €145,527 | €200,058 | +€54,531 | +37.5% |
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 12 October 2026 via checked.be.