K.P.B.: 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.
K.P.B.
Largest movements
- Tangible fixed assets -€96,825
down €96,825 (-4.1%), from €2.3m to €2.2m
of which Land and buildings: -€92,464
- Receivables within one year +€47,195
up €47,195 (+19.9%), from €237,469 to €284,665
of which Trade receivables: +€47,195
- Other debts +€220,081
up €220,081 (+47.8%), from €460,690 to €680,771
- Debts after one year -€167,474
down €167,474 (-12.5%), from €1.3m to €1.2m
of which Financial debts: -€167,474
- Current portion of long-term debt -€45,779
down €45,779 (-19.8%), from €231,365 to €185,586
- Depreciation +€32,993
up €32,993 (+25.5%), from €129,320 to €162,313
- Other operating charges -€13,415
down €13,415 (-27.9%), from €48,052 to €34,636
- Financial charges -€12,237
down €12,237 (-19.9%), from €61,573 to €49,336
- Gross operating margin -€11,813
down €11,813 (-4.9%), from €241,704 to €229,891
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 | €2,649,308 | €2,626,350 | -€22,958 | -0.9% |
| Fixed assets | 21/28 | €2,342,225 | €2,245,400 | -€96,825 | -4.1% |
| Tangible fixed assets | 22/27 | €2,342,225 | €2,245,400 | -€96,825 | -4.1% |
| Land and buildings | 22 | €1,692,275 | €1,599,811 | -€92,464 | -5.5% |
| Plant, machinery and equipment | 23 | €649,951 | €645,589 | -€4,361 | -0.7% |
| Current assets | 29/58 | €307,083 | €380,950 | +€73,867 | +24.1% |
| Amounts receivable within one year | 40/41 | €237,469 | €284,665 | +€47,195 | +19.9% |
| Trade receivables | 40 | €237,400 | €284,596 | +€47,195 | +19.9% |
| Other amounts receivable | 41 | €69 | €69 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €20,796 | €25,717 | +€4,922 | +23.7% |
| Deferred charges and accrued income | 490/1 | €48,818 | €70,568 | +€21,750 | +44.6% |
| Total equity and liabilities | 10/49 | €2,649,308 | €2,626,350 | -€22,958 | -0.9% |
| Equity | 10/15 | €465,104 | €447,947 | -€17,157 | -3.7% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €306,173 | €306,173 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €299,973 | €299,973 | = | 0.0% |
| Profit (loss) carried forward | 14 | €96,931 | €79,773 | -€17,157 | -17.7% |
| Amounts payable | 17/49 | €2,184,204 | €2,178,403 | -€5,801 | -0.3% |
| Amounts payable after more than one year | 17 | €1,339,347 | €1,171,874 | -€167,474 | -12.5% |
| Financial debts | 170/4 | €1,339,347 | €1,171,874 | -€167,474 | -12.5% |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €840,364 | €983,830 | +€143,466 | +17.1% |
| Current portion of amounts payable after more than one year | 42 | €231,365 | €185,586 | -€45,779 | -19.8% |
| Trade debts | 44 | €127,674 | €102,817 | -€24,857 | -19.5% |
| Suppliers | 440/4 | €127,674 | €102,817 | -€24,857 | -19.5% |
| Taxes, remuneration and social security | 45 | €20,635 | €14,657 | -€5,979 | -29.0% |
| Taxes | 450/3 | €20,635 | €14,657 | -€5,979 | -29.0% |
| Other amounts payable | 47/48 | €460,690 | €680,771 | +€220,081 | +47.8% |
| Accrued charges and deferred income | 492/3 | €4,492 | €22,699 | +€18,207 | +405% |
| Remuneration, social security and pensions | 62 | €75 | €0 | -€75 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €129,320 | €162,313 | +€32,993 | +25.5% |
| Other operating charges | 640/8 | €48,052 | €34,636 | -€13,415 | -27.9% |
| Gross operating margin | 9900 | €241,704 | €229,891 | -€11,813 | -4.9% |
| Operating profit (loss) | 9901 | €64,258 | €32,942 | -€31,316 | -48.7% |
| Financial income | 75/76B | €17 | €0 | -€17 | -99.9% |
| Recurring financial income | 75 | €17 | €0 | -€17 | -99.9% |
| Financial charges | 65/66B | €61,573 | €49,336 | -€12,237 | -19.9% |
| Recurring financial charges | 65 | €61,573 | €49,336 | -€12,237 | -19.9% |
| Profit (loss) for the period before taxes | 9903 | €2,703 | -€16,394 | -€19,097 | |
| Income taxes | 67/77 | €1,286 | €763 | -€522 | -40.6% |
| Profit (loss) for the period | 9904 | €1,417 | -€17,157 | -€18,574 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,417 | -€17,157 | -€18,574 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.