Kempenhuys: what changed
What changed
Kempenhuys
NACE 70.200, Business and other management consultancy
filed annual accounts (NBB)
Net result for the year
-€10,531
2024 · -€14,885+€4,354
Equity
€93,720
2024 · €104,251-€10,531
Cash
€47,132
2024 · €39,913+€7,219
Balance sheet total
€99,262
2024 · €109,194-€9,931
Largest movements
Assets
- Tangible fixed assets -€17,546
down €17,546 (-30.1%), from €58,332 to €40,786
of which Furniture and vehicles: -€17,171
- Cash +€7,219
up €7,219 (+18.1%), from €39,913 to €47,132
mainly Depreciation (+€17,546) and Tax, wage and social debts (+€566)
Equity and liabilities
- Profit (loss) carried forward -€10,531
down €10,531, from €4,900 to -€5,631
Income statement
- Gross operating margin +€2,636
up €2,636 (+42.6%), from €6,188 to €8,824
- Depreciation -€1,217
down €1,217 (-6.5%), from €18,762 to €17,546
- Other operating charges -€616
down €616 (-30.0%), from €2,054 to €1,438
- Financial income -€190
down €190 (-100%), from €190 to €0
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
-€14,885
Gross operating margin
+€2,636
Depreciation
+€1,217
Other operating charges
+€616
Financial income
-€190
Financial charges
+€53
Taxes
+€22
Result 2025
-€10,531
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
+€7,219
Investment
€0
Financing
€0
Cash 2024
€39,913
From operations (derived)
+€7,219
Net result for the year
-€10,531
Depreciation
+€17,546
Receivables within one year
-€369
Smaller working-capital items
+€7
Tax, wage and social debts
+€566
Cash 2025
€47,132
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €109,194 | €99,262 | -€9,931 | -9.1% |
| Fixed assets | 21/28 | €58,332 | €40,786 | -€17,546 | -30.1% |
| Tangible fixed assets | 22/27 | €58,332 | €40,786 | -€17,546 | -30.1% |
| Plant, machinery and equipment | 23 | €1,094 | €720 | -€375 | -34.2% |
| Furniture and vehicles | 24 | €57,238 | €40,067 | -€17,171 | -30.0% |
| Current assets | 29/58 | €50,862 | €58,476 | +€7,614 | +15.0% |
| Amounts receivable within one year | 40/41 | €10,320 | €10,689 | +€369 | +3.6% |
| Trade receivables | 40 | €10,320 | €10,689 | +€369 | +3.6% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €39,913 | €47,132 | +€7,219 | +18.1% |
| Deferred charges and accrued income | 490/1 | €629 | €655 | +€26 | +4.2% |
| Total equity and liabilities | 10/49 | €109,194 | €99,262 | -€9,931 | -9.1% |
| Equity | 10/15 | €104,251 | €93,720 | -€10,531 | -10.1% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €49,350 | €49,350 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €49,350 | €49,350 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,900 | -€5,631 | -€10,531 | |
| Amounts payable | 17/49 | €4,943 | €5,543 | +€600 | +12.1% |
| Amounts payable within one year | 42/48 | €4,943 | €5,543 | +€600 | +12.1% |
| Trade debts | 44 | €439 | €472 | +€34 | +7.7% |
| Suppliers | 440/4 | €439 | €472 | +€34 | +7.7% |
| Taxes, remuneration and social security | 45 | €1,809 | €2,375 | +€566 | +31.3% |
| Taxes | 450/3 | €1,809 | €2,375 | +€566 | +31.3% |
| Other amounts payable | 47/48 | €2,695 | €2,695 | = | 0.0% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,762 | €17,546 | -€1,217 | -6.5% |
| Other operating charges | 640/8 | €2,054 | €1,438 | -€616 | -30.0% |
| Gross operating margin | 9900 | €6,188 | €8,824 | +€2,636 | +42.6% |
| Operating profit (loss) | 9901 | -€14,628 | -€10,160 | +€4,469 | +30.5% |
| Financial income | 75/76B | €190 | €0 | -€190 | -100% |
| Recurring financial income | 75 | €190 | €0 | -€190 | -100% |
| Financial charges | 65/66B | €198 | €145 | -€53 | -26.9% |
| Recurring financial charges | 65 | €198 | €145 | -€53 | -26.9% |
| Profit (loss) for the period before taxes | 9903 | -€14,637 | -€10,304 | +€4,332 | +29.6% |
| Income taxes | 67/77 | €249 | €227 | -€22 | -8.8% |
| Profit (loss) for the period | 9904 | -€14,885 | -€10,531 | +€4,354 | +29.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,885 | -€10,531 | +€4,354 | +29.3% |
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 2 November 2026 via checked.be.