kempi: 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.
kempi
Largest movements
- Cash +€10,636
up €10,636 (+63.2%), from €16,837 to €27,472
mainly Net result for the year (+€13,308) and Depreciation (+€10,616)
- Tangible fixed assets -€9,467
down €9,467 (-1.7%), from €541,051 to €531,584
of which Land and buildings: -€10,495
- Other debts -€14,000
down €14,000 (-2.6%), from €538,546 to €524,546
- Reserves +€13,308
up €13,308 (+2578.6%), from €516 to €13,824
of which Distributable reserves: +€13,308
- Depreciation -€18,427
down €18,427 (-63.4%), from €29,042 to €10,616
- Gross operating margin +€9,393
up €9,393 (+56.4%), from €16,659 to €26,052
- Other operating charges -€1,092
down €1,092 (-33.4%), from €3,265 to €2,173
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 | €558,157 | €559,083 | +€926 | +0.2% |
| Fixed assets | 21/28 | €541,051 | €531,584 | -€9,467 | -1.7% |
| Tangible fixed assets | 22/27 | €541,051 | €531,584 | -€9,467 | -1.7% |
| Land and buildings | 22 | €541,051 | €530,555 | -€10,495 | -1.9% |
| Plant, machinery and equipment | 23 | - | €1,029 | +€1,029 | |
| Current assets | 29/58 | €17,107 | €27,499 | +€10,392 | +60.7% |
| Amounts receivable within one year | 40/41 | €0 | €27 | +€27 | |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | - | €27 | +€27 | |
| Cash at bank and in hand | 54/58 | €16,837 | €27,472 | +€10,636 | +63.2% |
| Deferred charges and accrued income | 490/1 | €270 | €0 | -€270 | -100.0% |
| Total equity and liabilities | 10/49 | €558,157 | €559,083 | +€926 | +0.2% |
| Equity | 10/15 | €19,108 | €32,416 | +€13,308 | +69.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €516 | €13,824 | +€13,308 | +2578.6% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €516 | €13,824 | +€13,308 | +2578.6% |
| Amounts payable | 17/49 | €539,049 | €526,667 | -€12,382 | -2.3% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €539,049 | €524,946 | -€14,103 | -2.6% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €503 | €400 | -€103 | -20.6% |
| Suppliers | 440/4 | €503 | €400 | -€103 | -20.6% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €538,546 | €524,546 | -€14,000 | -2.6% |
| Accrued charges and deferred income | 492/3 | - | €1,721 | +€1,721 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,042 | €10,616 | -€18,427 | -63.4% |
| Other operating charges | 640/8 | €3,265 | €2,173 | -€1,092 | -33.4% |
| Gross operating margin | 9900 | €16,659 | €26,052 | +€9,393 | +56.4% |
| Operating profit (loss) | 9901 | -€15,648 | €13,263 | +€28,911 | |
| Financial income | 75/76B | €45 | €90 | +€45 | +98.8% |
| Recurring financial income | 75 | €45 | €90 | +€45 | +98.8% |
| Financial charges | 65/66B | €147 | €45 | -€102 | -69.4% |
| Recurring financial charges | 65 | €147 | €45 | -€102 | -69.4% |
| Profit (loss) for the period before taxes | 9903 | -€15,750 | €13,308 | +€29,058 | |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€15,750 | €13,308 | +€29,058 | |
| Profit (loss) for the period to be appropriated | 9905 | -€15,750 | €13,308 | +€29,058 |
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 3 October 2026 via checked.be.