KEMPAS: what changed
What changed
KEMPAS
NACE 69.201, Certified accountants and tax accountants
filed annual accounts (NBB)
Net result for the year
€335,366
2024 · €430,103-€94,737
Equity
€359,968
2024 · €359,667+€301
Cash
€47,660
2024 · €36,966+€10,694
Balance sheet total
€1.6m
2024 · €1.5m+€123,588
Largest movements
Assets
- Receivables within one year +€156,994
up €156,994 (+29.8%), from €526,397 to €683,391
of which Trade receivables: +€172,589
- Intangible fixed assets -€67,016
down €67,016 (-12.2%), from €551,065 to €484,050
Equity and liabilities
- Trade debts +€96,771
up €96,771 (+87.9%), from €110,135 to €206,907
- Tax, wage and social debts +€93,171
up €93,171 (+73.0%), from €127,590 to €220,760
of which Taxes: +€70,253
- Other debts -€86,881
down €86,881 (-20.7%), from €419,609 to €332,728
- Short-term financial debts +€50,000
up €50,000 (+33.3%), from €150,000 to €200,000
- Debts after one year -€27,706
down €27,706 (-12.7%), from €218,812 to €191,107
of which Financial debts: -€27,706
Income statement
- Staff costs +€49,926
up €49,926 (+5.1%), from €976,761 to €1.0m
- Gross operating margin -€41,264
down €41,264 (-2.3%), from €1.8m to €1.8m
- Depreciation +€40,742
up €40,742 (+18.8%), from €216,902 to €257,644
- Taxes -€39,999
down €39,999 (-26.3%), from €151,932 to €111,933
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
€430,103
Gross operating margin
-€41,264
Staff costs
-€49,926
Depreciation
-€40,742
Other operating charges
+€3,658
Other operating items
-€6,917
Financial income
-€968
Financial charges
+€1,424
Taxes
+€39,999
Result 2025
€335,366
raises the resultlowers the resultnot broken down further in the accounts
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
+€525,299
Investment
-€199,765
Financing
-€314,839
Cash 2024
€36,966
From operations (derived)
+€525,299
Net result for the year
+€335,366
Depreciation
+€257,644
Receivables within one year
-€156,994
Deferred charges and accrued income
-€13,779
Trade debts
+€96,771
Tax, wage and social debts
+€93,171
Other debts
-€86,881
Investment (derived)
-€199,765
Investment in fixed assets (net)
-€200,070
Current investments
+€305
Financing
-€314,839
Debts after one year
-€27,706
Current portion of long-term debt
-€2,069
Short-term financial debts
+€50,000
Contributions, distributions and other
-€335,064
Cash 2025
€47,660
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,467,087 | €1,590,675 | +€123,588 | +8.4% |
| Fixed assets | 21/28 | €652,605 | €595,031 | -€57,574 | -8.8% |
| Intangible fixed assets | 21 | €551,065 | €484,050 | -€67,016 | -12.2% |
| Tangible fixed assets | 22/27 | €92,475 | €101,822 | +€9,347 | +10.1% |
| Furniture and vehicles | 24 | €63,805 | €32,427 | -€31,378 | -49.2% |
| Other tangible fixed assets | 26 | €28,670 | €69,395 | +€40,725 | +142% |
| Financial fixed assets | 28 | €9,065 | €9,159 | +€95 | +1.0% |
| Current assets | 29/58 | €814,482 | €995,644 | +€181,162 | +22.2% |
| Amounts receivable within one year | 40/41 | €526,397 | €683,391 | +€156,994 | +29.8% |
| Trade receivables | 40 | €510,126 | €682,715 | +€172,589 | +33.8% |
| Other amounts receivable | 41 | €16,272 | €676 | -€15,595 | -95.8% |
| Current investments | 50/53 | €200,305 | €200,000 | -€305 | -0.2% |
| Cash at bank and in hand | 54/58 | €36,966 | €47,660 | +€10,694 | +28.9% |
| Deferred charges and accrued income | 490/1 | €50,814 | €64,592 | +€13,779 | +27.1% |
| Total equity and liabilities | 10/49 | €1,467,087 | €1,590,675 | +€123,588 | +8.4% |
| Equity | 10/15 | €359,667 | €359,968 | +€301 | +0.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €341,067 | €341,368 | +€301 | +0.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Other | 1319 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €339,207 | €339,508 | +€301 | +0.1% |
| Amounts payable | 17/49 | €1,107,420 | €1,230,706 | +€123,287 | +11.1% |
| Amounts payable after more than one year | 17 | €218,812 | €191,107 | -€27,706 | -12.7% |
| Financial debts | 170/4 | €151,312 | €123,607 | -€27,706 | -18.3% |
| Other amounts payable | 178/9 | €67,500 | €67,500 | = | 0.0% |
| Amounts payable within one year | 42/48 | €888,608 | €1,039,600 | +€150,992 | +17.0% |
| Current portion of amounts payable after more than one year | 42 | €81,274 | €79,204 | -€2,069 | -2.5% |
| Financial debts | 43 | €150,000 | €200,000 | +€50,000 | +33.3% |
| Credit institutions | 430/8 | €150,000 | €200,000 | +€50,000 | +33.3% |
| Trade debts | 44 | €110,135 | €206,907 | +€96,771 | +87.9% |
| Suppliers | 440/4 | €110,135 | €206,907 | +€96,771 | +87.9% |
| Taxes, remuneration and social security | 45 | €127,590 | €220,760 | +€93,171 | +73.0% |
| Taxes | 450/3 | €45,556 | €115,809 | +€70,253 | +154% |
| Remuneration and social security | 454/9 | €82,034 | €104,952 | +€22,918 | +27.9% |
| Other amounts payable | 47/48 | €419,609 | €332,728 | -€86,881 | -20.7% |
| Non-recurring operating income | 76A | €2,676 | €21,749 | +€19,072 | +713% |
| Remuneration, social security and pensions | 62 | €976,761 | €1,026,687 | +€49,926 | +5.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €216,902 | €257,644 | +€40,742 | +18.8% |
| Other operating charges | 640/8 | €10,772 | €7,114 | -€3,658 | -34.0% |
| Operating charges capitalised as restructuring costs | 649 | €0 | €0 | = | |
| Non-recurring operating charges | 66A | €6,388 | €13,305 | +€6,917 | +108% |
| Gross operating margin | 9900 | €1,796,782 | €1,755,517 | -€41,264 | -2.3% |
| Operating profit (loss) | 9901 | €585,958 | €450,767 | -€135,192 | -23.1% |
| Financial income | 75/76B | €13,101 | €12,133 | -€968 | -7.4% |
| Recurring financial income | 75 | €13,101 | €12,133 | -€968 | -7.4% |
| Financial charges | 65/66B | €17,025 | €15,601 | -€1,424 | -8.4% |
| Recurring financial charges | 65 | €17,025 | €15,601 | -€1,424 | -8.4% |
| Profit (loss) for the period before taxes | 9903 | €582,035 | €447,299 | -€134,736 | -23.1% |
| Income taxes | 67/77 | €151,932 | €111,933 | -€39,999 | -26.3% |
| Profit (loss) for the period | 9904 | €430,103 | €335,366 | -€94,737 | -22.0% |
| Profit (loss) for the period to be appropriated | 9905 | €430,103 | €335,366 | -€94,737 | -22.0% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
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.