KEMIN INDUSTRIES: what changed
What changed
KEMIN INDUSTRIES
NACE 46.389, Wholesale of other food products
filed annual accounts (NBB)
Net result for the year
€1.1m
2024 · €324,541+€824,270
Equity
€3.0m
2024 · €1.8m+€1.1m
Cash
€2.5m
2024 · €2.7m-€171,733
Balance sheet total
€3.7m
2024 · €3.3m+€400,680
Largest movements
Assets
- Stocks and contracts +€500,505
new in 2025: €500,505
- Cash -€171,733
down €171,733 (-6.3%), from €2.7m to €2.5m
mainly Trade debts (-€738,044) and Stocks and contracts (-€500,505)
- Deferred charges and accrued income +€46,631
up €46,631 (+7,106%), from €656 to €47,287
Equity and liabilities
- Profit (loss) carried forward +€1.1m
up €1.1m (+73.0%), from -€1.6m to -€425,958
- Trade debts -€738,044
down €738,044 (-77.6%), from €951,519 to €213,474
Income statement
- Turnover +€2.9m
up €2.9m (+79.4%), from €3.7m to €6.6m
- Goods and materials +€1.5m
up €1.5m (+59.2%), from €2.5m to €3.9m
of which Purchases: +€1.5m
- Taxes +€369,924
up €369,924 (+595%), from €62,188 to €432,111
of which Taxes: +€374,024
- Services and other goods +€227,028
up €227,028 (+27.6%), from €821,177 to €1.0m
- Write-downs +€120,011
up €120,011, from -€108,572 to €11,439
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
€324,541
Turnover
+€2.9m
Other operating income
+€24,054
Goods and materials
-€1.5m
Services and other goods
-€227,028
Write-downs
-€120,011
Provisions
-€6,775
Other operating charges
+€73,775
Financial income
-€3,433
Financial charges
-€29,446
Taxes
-€369,924
Result 2025
€1.1m
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
-€171,733
Investment
€0
Financing
€0
Cash 2024
€2.7m
From operations (derived)
-€171,733
Net result for the year
+€1.1m
Stocks and contracts
-€500,505
Receivables within one year
-€25,277
Deferred charges and accrued income
-€46,631
Trade debts
-€738,044
Tax, wage and social debts
-€10,087
Cash 2025
€2.5m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,254,305 | €3,654,985 | +€400,680 | +12.3% |
| Fixed assets | 21/28 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Current assets | 29/58 | €3,254,305 | €3,654,985 | +€400,680 | +12.3% |
| Stocks and contracts in progress | 3 | - | €500,505 | +€500,505 | |
| Stocks | 30/36 | - | €500,505 | +€500,505 | |
| Finished goods | 33 | - | €508 | +€508 | |
| Advance payments | 36 | - | €499,997 | +€499,997 | |
| Amounts receivable within one year | 40/41 | €543,701 | €568,978 | +€25,277 | +4.6% |
| Trade receivables | 40 | €526,716 | €558,898 | +€32,183 | +6.1% |
| Other amounts receivable | 41 | €16,985 | €10,080 | -€6,905 | -40.7% |
| Cash at bank and in hand | 54/58 | €2,709,948 | €2,538,215 | -€171,733 | -6.3% |
| Deferred charges and accrued income | 490/1 | €656 | €47,287 | +€46,631 | +7,106% |
| Total equity and liabilities | 10/49 | €3,254,305 | €3,654,985 | +€400,680 | +12.3% |
| Equity | 10/15 | €1,847,230 | €2,996,042 | +€1.1m | +62.2% |
| Contributions | 10/11 | €3,420,000 | €3,420,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,574,770 | -€425,958 | +€1.1m | +73.0% |
| Amounts payable | 17/49 | €1,407,075 | €658,943 | -€748,131 | -53.2% |
| Amounts payable within one year | 42/48 | €1,407,075 | €658,943 | -€748,131 | -53.2% |
| Trade debts | 44 | €951,519 | €213,474 | -€738,044 | -77.6% |
| Suppliers | 440/4 | €951,519 | €213,474 | -€738,044 | -77.6% |
| Taxes, remuneration and social security | 45 | €455,556 | €445,469 | -€10,087 | -2.2% |
| Taxes | 450/3 | €455,556 | €445,469 | -€10,087 | -2.2% |
| Operating income | 70/76A | €3,719,776 | €6,682,443 | +€3.0m | +79.6% |
| Turnover | 70 | €3,700,961 | €6,639,573 | +€2.9m | +79.4% |
| Other operating income | 74 | €18,816 | €42,870 | +€24,054 | +128% |
| Operating charges | 60/66A | €3,240,172 | €4,975,766 | +€1.7m | +53.6% |
| Goods for resale, raw materials and consumables | 60 | €2,459,329 | €3,914,884 | +€1.5m | +59.2% |
| Purchases | 600/8 | €2,459,329 | €3,915,393 | +€1.5m | +59.2% |
| Change in stocks: decrease (increase) | 609 | - | -€508 | -€508 | |
| Services and other goods | 61 | €821,177 | €1,048,205 | +€227,028 | +27.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€108,572 | €11,439 | +€120,011 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€6,775 | - | +€6,775 | |
| Other operating charges | 640/8 | €75,013 | €1,238 | -€73,775 | -98.3% |
| Operating profit (loss) | 9901 | €479,604 | €1,706,677 | +€1.2m | +256% |
| Financial income | 75/76B | €97,195 | €93,762 | -€3,433 | -3.5% |
| Recurring financial income | 75 | €97,195 | €93,762 | -€3,433 | -3.5% |
| Income from current assets | 751 | €6,782 | €5,712 | -€1,071 | -15.8% |
| Other financial income | 752/9 | €90,413 | €88,050 | -€2,363 | -2.6% |
| Financial charges | 65/66B | €190,070 | €219,516 | +€29,446 | +15.5% |
| Recurring financial charges | 65 | €190,070 | €219,516 | +€29,446 | +15.5% |
| Debt charges | 650 | €7,304 | €5,524 | -€1,780 | -24.4% |
| Other financial charges | 652/9 | €182,767 | €213,992 | +€31,225 | +17.1% |
| Profit (loss) for the period before taxes | 9903 | €386,729 | €1,580,923 | +€1.2m | +309% |
| Income taxes | 67/77 | €62,188 | €432,111 | +€369,924 | +595% |
| Taxes | 670/3 | €62,188 | €436,212 | +€374,024 | +601% |
| Tax adjustments and reversals of tax provisions | 77 | - | €4,100 | +€4,100 | |
| Profit (loss) for the period | 9904 | €324,541 | €1,148,811 | +€824,270 | +254% |
| Profit (loss) for the period to be appropriated | 9905 | €324,541 | €1,148,811 | +€824,270 | +254% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.