KEMPENDIJK: what changed
Two fiscal 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.
KEMPENDIJK
Largest movements
- Tangible fixed assets -€11,411
down €11,411 (-8.6%), from €132,259 to €120,849
- Other debts -€25,540
down €25,540 (-27.8%), from €91,883 to €66,343
- Reserves +€8,713
up €8,713 (+5.9%), from €147,247 to €155,960
of which Distributable reserves: +€8,278
- Gross operating margin +€11,819
up €11,819 (+61.6%), from €19,193 to €31,012
- Taxes +€3,412
new in 2025: €3,412
- Depreciation -€1,247
down €1,247 (-9.8%), from €12,657 to €11,411
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.
Cash bridge derived
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 | €861,215 | €850,532 | -€10,683 | -1.2% |
| Fixed assets | 21/28 | €850,380 | €838,969 | -€11,411 | -1.3% |
| Tangible fixed assets | 22/27 | €132,259 | €120,849 | -€11,411 | -8.6% |
| Land and buildings | 22 | €132,259 | €120,849 | -€11,411 | -8.6% |
| Financial fixed assets | 28 | €718,121 | €718,121 | = | 0.0% |
| Current assets | 29/58 | €10,835 | €11,563 | +€728 | +6.7% |
| Amounts receivable within one year | 40/41 | €10,000 | €10,000 | = | 0.0% |
| Other amounts receivable | 41 | €10,000 | €10,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €17 | €1,093 | +€1,076 | +6359.0% |
| Deferred charges and accrued income | 490/1 | €818 | €470 | -€348 | -42.6% |
| Total equity and liabilities | 10/49 | €861,215 | €850,532 | -€10,683 | -1.2% |
| Equity | 10/15 | €764,725 | €775,694 | +€10,969 | +1.4% |
| Contributions | 10/11 | €619,734 | €619,734 | = | 0.0% |
| Capital | 10 | €619,734 | €619,734 | = | 0.0% |
| Issued capital | 100 | €619,734 | €619,734 | = | 0.0% |
| Reserves | 13 | €147,247 | €155,960 | +€8,713 | +5.9% |
| Non-distributable reserves | 130/1 | €7,362 | €7,798 | +€436 | +5.9% |
| Legal reserve | 130 | €7,362 | €7,798 | +€436 | +5.9% |
| Distributable reserves | 133 | €139,885 | €148,162 | +€8,278 | +5.9% |
| Profit (loss) carried forward | 14 | -€2,256 | - | +€2,256 | |
| Amounts payable | 17/49 | €96,490 | €74,838 | -€21,652 | -22.4% |
| Amounts payable within one year | 42/48 | €96,490 | €74,838 | -€21,652 | -22.4% |
| Trade debts | 44 | €4,607 | €5,083 | +€475 | +10.3% |
| Suppliers | 440/4 | €4,607 | €5,083 | +€475 | +10.3% |
| Taxes, remuneration and social security | 45 | - | €3,412 | +€3,412 | |
| Taxes | 450/3 | - | €3,412 | +€3,412 | |
| Other amounts payable | 47/48 | €91,883 | €66,343 | -€25,540 | -27.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,657 | €11,411 | -€1,247 | -9.8% |
| Other operating charges | 640/8 | €4,369 | €4,566 | +€197 | +4.5% |
| Gross operating margin | 9900 | €19,193 | €31,012 | +€11,819 | +61.6% |
| Operating profit (loss) | 9901 | €2,167 | €15,036 | +€12,869 | +594.0% |
| Financial charges | 65/66B | €509 | €654 | +€145 | +28.5% |
| Recurring financial charges | 65 | €509 | €654 | +€145 | +28.5% |
| Profit (loss) for the period before taxes | 9903 | €1,657 | €14,381 | +€12,724 | +767.7% |
| Income taxes | 67/77 | - | €3,412 | +€3,412 | |
| Profit (loss) for the period | 9904 | €1,657 | €10,969 | +€9,312 | +561.9% |
| Profit (loss) for the period to be appropriated | 9905 | €1,657 | €10,969 | +€9,312 | +561.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.