KALOPA: 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.
KALOPA
Largest movements
- Tangible fixed assets -€7,876
down €7,876 (-28.2%), from €27,886 to €20,009
of which Land and buildings: -€4,359
- Receivables within one year -€7,651
down €7,651 (-85.1%), from €8,989 to €1,338
of which Other amounts receivable: -€6,460
- Deferred charges and accrued income +€7,190
up €7,190 (+35.1%), from €20,513 to €27,702
- Cash -€2,576
down €2,576 (-4.4%), from €57,894 to €55,318
mainly Contributions, distributions and other (-€114,147) and Deferred charges and accrued income (-€7,190)
- Profit (loss) carried forward -€63,465
down €63,465 (-69.2%), from €91,776 to €28,312
- Other debts +€60,450
up €60,450 (+4398.3%), from €1,374 to €61,825
- Tax, wage and social debts -€6,050
down €6,050 (-48.7%), from €12,420 to €6,370
- Gross operating margin +€10,311
up €10,311 (+16.0%), from €64,612 to €74,924
- Taxes +€1,947
up €1,947 (+16.1%), from €12,072 to €14,019
- Depreciation +€832
up €832 (+11.8%), from €7,045 to €7,876
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 | €115,282 | €104,368 | -€10,914 | -9.5% |
| Fixed assets | 21/28 | €27,886 | €20,009 | -€7,876 | -28.2% |
| Tangible fixed assets | 22/27 | €27,886 | €20,009 | -€7,876 | -28.2% |
| Land and buildings | 22 | €18,191 | €13,832 | -€4,359 | -24.0% |
| Plant, machinery and equipment | 23 | €1,927 | €1,419 | -€508 | -26.4% |
| Furniture and vehicles | 24 | €7,767 | €4,758 | -€3,009 | -38.7% |
| Current assets | 29/58 | €87,396 | €84,359 | -€3,037 | -3.5% |
| Amounts receivable within one year | 40/41 | €8,989 | €1,338 | -€7,651 | -85.1% |
| Trade receivables | 40 | €1,400 | €208 | -€1,192 | -85.1% |
| Other amounts receivable | 41 | €7,589 | €1,130 | -€6,460 | -85.1% |
| Cash at bank and in hand | 54/58 | €57,894 | €55,318 | -€2,576 | -4.4% |
| Deferred charges and accrued income | 490/1 | €20,513 | €27,702 | +€7,190 | +35.1% |
| Total equity and liabilities | 10/49 | €115,282 | €104,368 | -€10,914 | -9.5% |
| Equity | 10/15 | €96,776 | €33,312 | -€63,465 | -65.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €91,776 | €28,312 | -€63,465 | -69.2% |
| Amounts payable | 17/49 | €18,506 | €71,056 | +€52,551 | +284.0% |
| Amounts payable within one year | 42/48 | €17,706 | €71,056 | +€53,351 | +301.3% |
| Trade debts | 44 | €3,911 | €2,862 | -€1,049 | -26.8% |
| Suppliers | 440/4 | €3,911 | €2,862 | -€1,049 | -26.8% |
| Taxes, remuneration and social security | 45 | €12,420 | €6,370 | -€6,050 | -48.7% |
| Taxes | 450/3 | €12,420 | €6,370 | -€6,050 | -48.7% |
| Other amounts payable | 47/48 | €1,374 | €61,825 | +€60,450 | +4398.3% |
| Accrued charges and deferred income | 492/3 | €800 | €0 | -€800 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,045 | €7,876 | +€832 | +11.8% |
| Other operating charges | 640/8 | €1,147 | €624 | -€523 | -45.6% |
| Gross operating margin | 9900 | €64,612 | €74,924 | +€10,311 | +16.0% |
| Operating profit (loss) | 9901 | €56,420 | €66,423 | +€10,003 | +17.7% |
| Financial income | 75/76B | €81 | €178 | +€98 | +121.1% |
| Recurring financial income | 75 | €81 | €178 | +€98 | +121.1% |
| Financial charges | 65/66B | €1,290 | €1,899 | +€609 | +47.2% |
| Recurring financial charges | 65 | €1,290 | €1,899 | +€609 | +47.2% |
| Profit (loss) for the period before taxes | 9903 | €55,211 | €64,702 | +€9,491 | +17.2% |
| Income taxes | 67/77 | €12,072 | €14,019 | +€1,947 | +16.1% |
| Profit (loss) for the period | 9904 | €43,139 | €50,683 | +€7,544 | +17.5% |
| Profit (loss) for the period to be appropriated | 9905 | €43,139 | €50,683 | +€7,544 | +17.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.