Kaper X Upkot: what changed
What changed
Kaper X Upkot
filed annual accounts (NBB)
Net result for the year
-€113,984
2024 · -€103,929-€10,055
Equity
€3.7m
2024 · €3.9m-€193,984
Cash
€25,399
2024 · €214,171-€188,773
Balance sheet total
€8.5m
2024 · €8.7m-€189,978
Largest movements
Assets
- Tangible fixed assets -€268,616
down €268,616 (-3.2%), from €8.4m to €8.2m
of which Land and buildings: -€265,204
- Receivables within one year +€265,101
up €265,101 (+8,867%), from €2,990 to €268,090
of which Other amounts receivable: +€265,000
- Cash -€188,773
down €188,773 (-88.1%), from €214,171 to €25,399
mainly Receivables within one year (-€265,101) and Net result for the year (-€113,984)
Equity and liabilities
- Profit (loss) carried forward -€113,984
down €113,984 (-38.1%), from -€299,068 to -€413,052
Income statement
- Gross operating margin -€11,005
down €11,005 (-4.1%), from €269,264 to €258,259
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€103,929
Gross operating margin
-€11,005
Depreciation
+€78
Other operating charges
-€910
Financial income
+€1,714
Financial charges
+€69
Result 2025
-€113,984
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€108,773
Investment
€0
Financing
-€80,000
Cash 2024
€214,171
From operations (derived)
-€108,773
Net result for the year
-€113,984
Depreciation
+€268,616
Receivables within one year
-€265,101
Deferred charges and accrued income
-€2,310
Trade debts
+€25,986
Other debts
-€2,315
Accrued charges and deferred income
-€19,664
Financing
-€80,000
Contributions, distributions and other
-€80,000
Cash 2025
€25,399
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,672,568 | €8,482,591 | -€189,978 | -2.2% |
| Fixed assets | 21/28 | €8,444,257 | €8,175,641 | -€268,616 | -3.2% |
| Tangible fixed assets | 22/27 | €8,444,257 | €8,175,641 | -€268,616 | -3.2% |
| Land and buildings | 22 | €8,437,846 | €8,172,642 | -€265,204 | -3.1% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €6,411 | €2,999 | -€3,412 | -53.2% |
| Current assets | 29/58 | €228,311 | €306,949 | +€78,638 | +34.4% |
| Amounts receivable within one year | 40/41 | €2,990 | €268,090 | +€265,101 | +8,867% |
| Trade receivables | 40 | €2,990 | €3,090 | +€101 | +3.4% |
| Other amounts receivable | 41 | €0 | €265,000 | +€265,000 | |
| Cash at bank and in hand | 54/58 | €214,171 | €25,399 | -€188,773 | -88.1% |
| Deferred charges and accrued income | 490/1 | €11,150 | €13,460 | +€2,310 | +20.7% |
| Total equity and liabilities | 10/49 | €8,672,568 | €8,482,591 | -€189,978 | -2.2% |
| Equity | 10/15 | €3,898,732 | €3,704,748 | -€193,984 | -5.0% |
| Contributions | 10/11 | €383,085 | €303,085 | -€80,000 | -20.9% |
| Revaluation surpluses | 12 | €3,814,715 | €3,814,715 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | -€299,068 | -€413,052 | -€113,984 | -38.1% |
| Amounts payable | 17/49 | €4,773,836 | €4,777,843 | +€4,006 | +0.1% |
| Amounts payable after more than one year | 17 | €4,717,200 | €4,717,200 | = | 0.0% |
| Financial debts | 170/4 | €4,717,200 | €4,717,200 | = | 0.0% |
| Amounts payable within one year | 42/48 | €16,911 | €40,581 | +€23,671 | +140% |
| Trade debts | 44 | €14,596 | €40,581 | +€25,986 | +178% |
| Suppliers | 440/4 | €14,596 | €40,581 | +€25,986 | +178% |
| Other amounts payable | 47/48 | €2,315 | €0 | -€2,315 | -100% |
| Accrued charges and deferred income | 492/3 | €39,726 | €20,061 | -€19,664 | -49.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €268,694 | €268,616 | -€78 | 0.0% |
| Other operating charges | 640/8 | €35,464 | €36,375 | +€910 | +2.6% |
| Gross operating margin | 9900 | €269,264 | €258,259 | -€11,005 | -4.1% |
| Operating profit (loss) | 9901 | -€34,894 | -€46,732 | -€11,837 | -33.9% |
| Financial income | 75/76B | €3,545 | €5,259 | +€1,714 | +48.3% |
| Recurring financial income | 75 | €3,545 | €5,259 | +€1,714 | +48.3% |
| Financial charges | 65/66B | €72,580 | €72,511 | -€69 | -0.1% |
| Recurring financial charges | 65 | €72,580 | €72,511 | -€69 | -0.1% |
| Profit (loss) for the period before taxes | 9903 | -€103,929 | -€113,984 | -€10,055 | -9.7% |
| Profit (loss) for the period | 9904 | -€103,929 | -€113,984 | -€10,055 | -9.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€103,929 | -€113,984 | -€10,055 | -9.7% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 August 2024 and 31 August 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.