K.P.M.P.: what changed
Two fiscal 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.M.P.
Largest movements
- Deferred charges and accrued income +€32,520
up €32,520 (+804.3%), from €4,043 to €36,563
- Cash -€18,543
down €18,543 (-79.4%), from €23,347 to €4,803
mainly Other debts (-€50,383) and Deferred charges and accrued income (-€32,520)
- Tangible fixed assets +€6,628
up €6,628 (+1.3%), from €495,100 to €501,728
of which Land and buildings: +€7,501
- Receivables within one year +€5,945
up €5,945 (+15.1%), from €39,422 to €45,367
of which Trade receivables: +€5,988
- Reserves +€72,401
up €72,401 (+26.0%), from €278,788 to €351,189
of which Distributable reserves: +€72,401
- Other debts -€50,383
down €50,383 (-23.6%), from €213,513 to €163,131
- Current portion of long-term debt -€15,551
down €15,551 (-36.0%), from €43,211 to €27,660
- Tax, wage and social debts +€8,538
up €8,538 (+105.1%), from €8,121 to €16,659
- Trade debts +€6,544
up €6,544 (+54.2%), from €12,073 to €18,617
- Gross operating margin +€55,234
up €55,234 (+84.5%), from €65,396 to €120,631
- Taxes +€23,179
up €23,179 (+139.7%), from €16,587 to €39,766
- Financial charges -€1,729
down €1,729 (-36.1%), from €4,788 to €3,059
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €561,911 | €588,461 | +€26,549 | +4.7% |
| Fixed assets | 21/28 | €495,100 | €501,728 | +€6,628 | +1.3% |
| Tangible fixed assets | 22/27 | €495,100 | €501,728 | +€6,628 | +1.3% |
| Land and buildings | 22 | €487,523 | €495,024 | +€7,501 | +1.5% |
| Plant, machinery and equipment | 23 | €5,412 | €4,396 | -€1,017 | -18.8% |
| Furniture and vehicles | 24 | €2,165 | €2,309 | +€144 | +6.6% |
| Current assets | 29/58 | €66,811 | €86,733 | +€19,922 | +29.8% |
| Amounts receivable within one year | 40/41 | €39,422 | €45,367 | +€5,945 | +15.1% |
| Trade receivables | 40 | €27,708 | €33,696 | +€5,988 | +21.6% |
| Other amounts receivable | 41 | €11,714 | €11,671 | -€43 | -0.4% |
| Cash at bank and in hand | 54/58 | €23,347 | €4,803 | -€18,543 | -79.4% |
| Deferred charges and accrued income | 490/1 | €4,043 | €36,563 | +€32,520 | +804.3% |
| Total equity and liabilities | 10/49 | €561,911 | €588,461 | +€26,549 | +4.7% |
| Equity | 10/15 | €284,993 | €357,395 | +€72,401 | +25.4% |
| Contributions | 10/11 | €6,205 | €6,205 | = | 0.0% |
| Reserves | 13 | €278,788 | €351,189 | +€72,401 | +26.0% |
| Non-distributable reserves | 130/1 | €12,660 | €12,660 | = | 0.0% |
| Own shares acquired | 1312 | €12,660 | €12,660 | = | 0.0% |
| Tax-exempt reserves | 132 | €7,175 | €7,175 | = | 0.0% |
| Distributable reserves | 133 | €258,953 | €331,354 | +€72,401 | +28.0% |
| Amounts payable | 17/49 | €276,918 | €231,066 | -€45,852 | -16.6% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €276,918 | €231,066 | -€45,852 | -16.6% |
| Current portion of amounts payable after more than one year | 42 | €43,211 | €27,660 | -€15,551 | -36.0% |
| Financial debts | 43 | - | €5,000 | +€5,000 | |
| Credit institutions | 430/8 | - | €5,000 | +€5,000 | |
| Trade debts | 44 | €12,073 | €18,617 | +€6,544 | +54.2% |
| Suppliers | 440/4 | €12,073 | €18,617 | +€6,544 | +54.2% |
| Taxes, remuneration and social security | 45 | €8,121 | €16,659 | +€8,538 | +105.1% |
| Taxes | 450/3 | €8,121 | €16,659 | +€8,538 | +105.1% |
| Other amounts payable | 47/48 | €213,513 | €163,131 | -€50,383 | -23.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,419 | €2,860 | +€440 | +18.2% |
| Other operating charges | 640/8 | €2,253 | €2,549 | +€296 | +13.1% |
| Non-recurring operating charges | 66A | €4,153 | €0 | -€4,153 | -100.0% |
| Gross operating margin | 9900 | €65,396 | €120,631 | +€55,234 | +84.5% |
| Operating profit (loss) | 9901 | €56,571 | €115,222 | +€58,652 | +103.7% |
| Financial income | 75/76B | €393 | €4 | -€389 | -98.9% |
| Recurring financial income | 75 | €393 | €4 | -€389 | -98.9% |
| Financial charges | 65/66B | €4,788 | €3,059 | -€1,729 | -36.1% |
| Recurring financial charges | 65 | €4,788 | €3,059 | -€1,729 | -36.1% |
| Profit (loss) for the period before taxes | 9903 | €52,176 | €112,167 | +€59,992 | +115.0% |
| Income taxes | 67/77 | €16,587 | €39,766 | +€23,179 | +139.7% |
| Profit (loss) for the period | 9904 | €35,588 | €72,401 | +€36,813 | +103.4% |
| Profit (loss) for the period to be appropriated | 9905 | €35,588 | €72,401 | +€36,813 | +103.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.