Kempen Units: 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.
Kempen Units
Largest movements
- Cash +€161,404
up €161,404 (+83.5%), from €193,254 to €354,657
mainly Trade debts (+€106,234) and Depreciation (+€100,018)
- Stocks and contracts +€153,278
up €153,278 (+146%), from €105,194 to €258,472
of which Stocks: +€153,278
- Tangible fixed assets +€36,392
up €36,392 (+15.3%), from €238,608 to €275,000
of which Plant, machinery and equipment: +€44,734
- Receivables within one year -€13,270
down €13,270 (-6.2%), from €214,331 to €201,061
of which Trade receivables: -€33,545
- Trade debts +€106,234
up €106,234 (+115%), from €91,984 to €198,218
- Debts after one year +€97,866
up €97,866 (+761%), from €12,864 to €110,729
- Other debts +€82,886
up €82,886 (+211%), from €39,246 to €122,132
- Tax, wage and social debts +€75,665
up €75,665 (+70.5%), from €107,290 to €182,954
of which Taxes: +€59,294
- Accrued charges and deferred income -€64,856
down €64,856 (-40.8%), from €159,080 to €94,225
- Staff costs +€73,652
up €73,652 (+433%), from €17,005 to €90,658
- Gross operating margin +€32,533
up €32,533 (+10.1%), from €323,511 to €356,043
- Taxes -€23,753
down €23,753 (-44.9%), from €52,903 to €29,150
- Depreciation -€12,999
down €12,999 (-11.5%), from €113,017 to €100,018
- Financial charges +€11,800
up €11,800 (+173%), from €6,827 to €18,628
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 | €761,970 | €1,108,440 | +€346,470 | +45.5% |
| Fixed assets | 21/28 | €245,944 | €281,202 | +€35,258 | +14.3% |
| Intangible fixed assets | 21 | €7,336 | €4,392 | -€2,945 | -40.1% |
| Tangible fixed assets | 22/27 | €238,608 | €275,000 | +€36,392 | +15.3% |
| Plant, machinery and equipment | 23 | €178,933 | €223,666 | +€44,734 | +25.0% |
| Furniture and vehicles | 24 | €59,675 | €51,334 | -€8,341 | -14.0% |
| Financial fixed assets | 28 | - | €1,810 | +€1,810 | |
| Current assets | 29/58 | €516,025 | €827,238 | +€311,212 | +60.3% |
| Stocks and contracts in progress | 3 | €105,194 | €258,472 | +€153,278 | +146% |
| Stocks | 30/36 | €105,194 | €258,472 | +€153,278 | +146% |
| Contracts in progress | 37 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €214,331 | €201,061 | -€13,270 | -6.2% |
| Trade receivables | 40 | €194,163 | €160,617 | -€33,545 | -17.3% |
| Other amounts receivable | 41 | €20,169 | €40,443 | +€20,275 | +101% |
| Cash at bank and in hand | 54/58 | €193,254 | €354,657 | +€161,404 | +83.5% |
| Deferred charges and accrued income | 490/1 | €3,247 | €13,048 | +€9,801 | +302% |
| Total equity and liabilities | 10/49 | €761,970 | €1,108,440 | +€346,470 | +45.5% |
| Equity | 10/15 | €293,416 | €309,241 | +€15,825 | +5.4% |
| Contributions | 10/11 | €12,000 | €12,000 | = | 0.0% |
| Reserves | 13 | €281,416 | €297,241 | +€15,825 | +5.6% |
| Distributable reserves | 133 | €281,416 | €297,241 | +€15,825 | +5.6% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €468,554 | €799,198 | +€330,644 | +70.6% |
| Amounts payable after more than one year | 17 | €12,864 | €110,729 | +€97,866 | +761% |
| Financial debts | 170/4 | €12,864 | €110,729 | +€97,866 | +761% |
| Amounts payable within one year | 42/48 | €296,610 | €594,244 | +€297,634 | +100% |
| Current portion of amounts payable after more than one year | 42 | €58,090 | €76,274 | +€18,183 | +31.3% |
| Financial debts | 43 | - | €14,667 | +€14,667 | |
| Credit institutions | 430/8 | - | €14,667 | +€14,667 | |
| Trade debts | 44 | €91,984 | €198,218 | +€106,234 | +115% |
| Suppliers | 440/4 | €91,984 | €198,218 | +€106,234 | +115% |
| Taxes, remuneration and social security | 45 | €107,290 | €182,954 | +€75,665 | +70.5% |
| Taxes | 450/3 | €103,526 | €162,820 | +€59,294 | +57.3% |
| Remuneration and social security | 454/9 | €3,763 | €20,135 | +€16,371 | +435% |
| Other amounts payable | 47/48 | €39,246 | €122,132 | +€82,886 | +211% |
| Accrued charges and deferred income | 492/3 | €159,080 | €94,225 | -€64,856 | -40.8% |
| Non-recurring operating income | 76A | €24,069 | €92,460 | +€68,391 | +284% |
| Remuneration, social security and pensions | 62 | €17,005 | €90,658 | +€73,652 | +433% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €113,017 | €100,018 | -€12,999 | -11.5% |
| Other operating charges | 640/8 | €3,794 | €6,665 | +€2,872 | +75.7% |
| Non-recurring operating charges | 66A | €457 | €15,133 | +€14,677 | +3,213% |
| Gross operating margin | 9900 | €323,511 | €356,043 | +€32,533 | +10.1% |
| Operating profit (loss) | 9901 | €189,237 | €143,569 | -€45,669 | -24.1% |
| Financial income | 75/76B | €2,134 | €2,387 | +€253 | +11.9% |
| Recurring financial income | 75 | €2,134 | €2,387 | +€253 | +11.9% |
| Financial charges | 65/66B | €6,827 | €18,628 | +€11,800 | +173% |
| Recurring financial charges | 65 | €6,827 | €18,628 | +€11,800 | +173% |
| Profit (loss) for the period before taxes | 9903 | €184,544 | €127,328 | -€57,216 | -31.0% |
| Income taxes | 67/77 | €52,903 | €29,150 | -€23,753 | -44.9% |
| Profit (loss) for the period | 9904 | €131,642 | €98,178 | -€33,463 | -25.4% |
| Profit (loss) for the period to be appropriated | 9905 | €131,642 | €98,178 | -€33,463 | -25.4% |
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 23 October 2026 via checked.be.