KAMPELHOF: 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.
What changed
KAMPELHOF
NACE 01.461, Pig breeding farms
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€901,484
2024 · €1.1m-€234,670
Equity
€14,435
2024 · -€887,049+€901,484
Cash
€20,702
2024 · €7,068+€13,634
Balance sheet total
€4.5m
2024 · €4.2m+€313,382
Largest movements
Assets
- Deferred charges and accrued income +€202,917
up €202,917 (+50.8%), from €399,787 to €602,704
- Receivables within one year +€93,189
up €93,189 (+3.8%), from €2.5m to €2.6m
of which Trade receivables: +€93,189
Equity and liabilities
- Profit (loss) carried forward +€901,484
up €901,484 (+32.7%), from -€2.8m to -€1.9m
- Debts after one year -€369,722
down €369,722 (-8.6%), from €4.3m to €3.9m
of which Trade debts: -€227,529
- Short-term financial debts -€300,000
down €300,000 (-100%), from €300,000 to €0
- Trade debts +€121,005
up €121,005 (+168%), from €71,867 to €192,872
- Tax, wage and social debts -€56,067
down €56,067 (-68.1%), from €82,337 to €26,270
of which Taxes: -€55,726
Income statement
- Gross operating margin -€297,716
down €297,716 (-19.6%), from €1.5m to €1.2m
- Taxes -€25,953
down €25,953 (-96.2%), from €26,967 to €1,015
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.
Result 2024
€1.1m
Gross operating margin
-€297,716
Staff costs
+€12,364
Depreciation
+€12,905
Other operating charges
+€2,740
Financial income
-€3
Financial charges
+€9,086
Taxes
+€25,953
Result 2025
€901,484
raises the resultlowers the result
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.
From operations
+€841,191
Investment
-€174,901
Financing
-€652,657
Cash 2024
€7,068
From operations (derived)
+€841,191
Net result for the year
+€901,484
Depreciation
+€171,258
Receivables within one year
-€93,189
Deferred charges and accrued income
-€202,917
Trade debts
+€121,005
Tax, wage and social debts
-€56,067
Accrued charges and deferred income
-€384
Investment (derived)
-€174,901
Investment in fixed assets (net)
-€174,901
Financing
-€652,657
Debts after one year
-€369,722
Current portion of long-term debt
+€17,065
Short-term financial debts
-€300,000
Cash 2025
€20,702
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,216,178 | €4,529,560 | +€313,382 | +7.4% |
| Fixed assets | 21/28 | €1,327,358 | €1,331,001 | +€3,643 | +0.3% |
| Intangible fixed assets | 21 | - | €18,572 | +€18,572 | |
| Tangible fixed assets | 22/27 | €1,327,173 | €1,312,243 | -€14,929 | -1.1% |
| Land and buildings | 22 | €1,320,663 | €1,308,161 | -€12,502 | -0.9% |
| Plant, machinery and equipment | 23 | €6,107 | €3,948 | -€2,158 | -35.3% |
| Furniture and vehicles | 24 | €403 | €134 | -€269 | -66.7% |
| Financial fixed assets | 28 | €185 | €185 | = | 0.0% |
| Current assets | 29/58 | €2,888,821 | €3,198,560 | +€309,739 | +10.7% |
| Amounts receivable within one year | 40/41 | €2,481,965 | €2,575,154 | +€93,189 | +3.8% |
| Trade receivables | 40 | €2,481,965 | €2,575,154 | +€93,189 | +3.8% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €7,068 | €20,702 | +€13,634 | +193% |
| Deferred charges and accrued income | 490/1 | €399,787 | €602,704 | +€202,917 | +50.8% |
| Total equity and liabilities | 10/49 | €4,216,178 | €4,529,560 | +€313,382 | +7.4% |
| Equity | 10/15 | -€887,049 | €14,435 | +€901,484 | |
| Contributions | 10/11 | €1,860,000 | €1,860,000 | = | 0.0% |
| Reserves | 13 | €6,847 | €6,847 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,847 | €6,847 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,847 | €6,847 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,753,897 | -€1,852,412 | +€901,484 | +32.7% |
| Amounts payable | 17/49 | €5,103,227 | €4,515,125 | -€588,102 | -11.5% |
| Amounts payable after more than one year | 17 | €4,295,983 | €3,926,261 | -€369,722 | -8.6% |
| Financial debts | 170/4 | €652,228 | €510,036 | -€142,192 | -21.8% |
| Trade debts | 175 | €3,643,755 | €3,416,225 | -€227,529 | -6.2% |
| Amounts payable within one year | 42/48 | €806,860 | €588,864 | -€217,996 | -27.0% |
| Current portion of amounts payable after more than one year | 42 | €352,657 | €369,722 | +€17,065 | +4.8% |
| Financial debts | 43 | €300,000 | €0 | -€300,000 | -100% |
| Credit institutions | 430/8 | €300,000 | €0 | -€300,000 | -100% |
| Trade debts | 44 | €71,867 | €192,872 | +€121,005 | +168% |
| Suppliers | 440/4 | €71,867 | €192,872 | +€121,005 | +168% |
| Taxes, remuneration and social security | 45 | €82,337 | €26,270 | -€56,067 | -68.1% |
| Taxes | 450/3 | €72,596 | €16,869 | -€55,726 | -76.8% |
| Remuneration and social security | 454/9 | €9,741 | €9,401 | -€340 | -3.5% |
| Accrued charges and deferred income | 492/3 | €384 | €0 | -€384 | -100% |
| Non-recurring operating income | 76A | €198,551 | €198,734 | +€183 | +0.1% |
| Remuneration, social security and pensions | 62 | €100,589 | €88,224 | -€12,364 | -12.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €184,163 | €171,258 | -€12,905 | -7.0% |
| Other operating charges | 640/8 | €22,699 | €19,959 | -€2,740 | -12.1% |
| Gross operating margin | 9900 | €1,520,555 | €1,222,839 | -€297,716 | -19.6% |
| Operating profit (loss) | 9901 | €1,213,104 | €943,399 | -€269,706 | -22.2% |
| Financial income | 75/76B | €3 | €0 | -€3 | -100% |
| Recurring financial income | 75 | €3 | €0 | -€3 | -100% |
| Financial charges | 65/66B | €49,985 | €40,899 | -€9,086 | -18.2% |
| Recurring financial charges | 65 | €49,985 | €40,899 | -€9,086 | -18.2% |
| Profit (loss) for the period before taxes | 9903 | €1,163,122 | €902,499 | -€260,623 | -22.4% |
| Income taxes | 67/77 | €26,967 | €1,015 | -€25,953 | -96.2% |
| Profit (loss) for the period | 9904 | €1,136,155 | €901,484 | -€234,670 | -20.7% |
| Profit (loss) for the period to be appropriated | 9905 | €1,136,155 | €901,484 | -€234,670 | -20.7% |
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 22 October 2026 via checked.be.