KAPLIM: 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.
KAPLIM
Largest movements
- Cash -€28,069
down €28,069 (-60.7%), from €46,224 to €18,154
mainly Debts after one year (-€173,904) and Investment in fixed assets (net) (-€28,471)
- Receivables within one year +€24,153
up €24,153 (+3,856%), from €626 to €24,779
- Tangible fixed assets +€5,554
up €5,554 (+1.4%), from €395,509 to €401,062
- Debts after one year -€173,904
down €173,904 (-91.3%), from €190,570 to €16,667
of which Other amounts payable: -€157,237
- Other debts +€158,980
up €158,980 (+5,463%), from €2,910 to €161,890
- Reserves +€16,000
up €16,000 (+23.0%), from €69,492 to €85,492
of which Distributable reserves: +€16,000
- Gross operating margin +€4,262
up €4,262 (+8.4%), from €50,857 to €55,120
- Depreciation +€3,045
up €3,045 (+15.3%), from €19,873 to €22,917
- Financial charges -€2,334
down €2,334 (-30.1%), from €7,756 to €5,421
- Taxes +€847
up €847 (+19.4%), from €4,374 to €5,221
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 | €446,065 | €446,663 | +€598 | +0.1% |
| Fixed assets | 21/28 | €395,509 | €401,062 | +€5,554 | +1.4% |
| Tangible fixed assets | 22/27 | €395,509 | €401,062 | +€5,554 | +1.4% |
| Land and buildings | 22 | €395,509 | €401,062 | +€5,554 | +1.4% |
| Current assets | 29/58 | €50,557 | €45,601 | -€4,956 | -9.8% |
| Amounts receivable within one year | 40/41 | €626 | €24,779 | +€24,153 | +3,856% |
| Other amounts receivable | 41 | €626 | €24,779 | +€24,153 | +3,856% |
| Cash at bank and in hand | 54/58 | €46,224 | €18,154 | -€28,069 | -60.7% |
| Deferred charges and accrued income | 490/1 | €3,707 | €2,668 | -€1,039 | -28.0% |
| Total equity and liabilities | 10/49 | €446,065 | €446,663 | +€598 | +0.1% |
| Equity | 10/15 | €235,152 | €250,814 | +€15,663 | +6.7% |
| Contributions | 10/11 | €164,919 | €164,919 | = | 0.0% |
| Capital | 10 | €164,919 | €164,919 | = | 0.0% |
| Issued capital | 100 | €164,919 | €164,919 | = | 0.0% |
| Reserves | 13 | €69,492 | €85,492 | +€16,000 | +23.0% |
| Non-distributable reserves | 130/1 | €16,492 | €16,492 | = | 0.0% |
| Legal reserve | 130 | €16,492 | €16,492 | = | 0.0% |
| Distributable reserves | 133 | €53,000 | €69,000 | +€16,000 | +30.2% |
| Profit (loss) carried forward | 14 | €741 | €404 | -€337 | -45.5% |
| Amounts payable | 17/49 | €210,914 | €195,849 | -€15,065 | -7.1% |
| Amounts payable after more than one year | 17 | €190,570 | €16,667 | -€173,904 | -91.3% |
| Financial debts | 170/4 | €33,333 | €16,667 | -€16,667 | -50.0% |
| Other amounts payable | 178/9 | €157,237 | €0 | -€157,237 | -100% |
| Amounts payable within one year | 42/48 | €20,344 | €179,183 | +€158,839 | +781% |
| Current portion of amounts payable after more than one year | 42 | €16,667 | €16,667 | = | 0.0% |
| Trade debts | 44 | €767 | €626 | -€141 | -18.4% |
| Suppliers | 440/4 | €767 | €626 | -€141 | -18.4% |
| Other amounts payable | 47/48 | €2,910 | €161,890 | +€158,980 | +5,463% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,873 | €22,917 | +€3,045 | +15.3% |
| Other operating charges | 640/8 | €5,734 | €5,897 | +€163 | +2.8% |
| Gross operating margin | 9900 | €50,857 | €55,120 | +€4,262 | +8.4% |
| Operating profit (loss) | 9901 | €25,250 | €26,305 | +€1,055 | +4.2% |
| Financial charges | 65/66B | €7,756 | €5,421 | -€2,334 | -30.1% |
| Recurring financial charges | 65 | €7,756 | €5,421 | -€2,334 | -30.1% |
| Profit (loss) for the period before taxes | 9903 | €17,494 | €20,883 | +€3,389 | +19.4% |
| Income taxes | 67/77 | €4,374 | €5,221 | +€847 | +19.4% |
| Profit (loss) for the period | 9904 | €13,121 | €15,663 | +€2,542 | +19.4% |
| Profit (loss) for the period to be appropriated | 9905 | €13,121 | €15,663 | +€2,542 | +19.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.