Kempische Heerd: what changed
What changed
Kempische Heerd
NACE 64.922, Financial service activities, except insurance and pension funding
filed annual accounts (NBB)
Net result for the year
€82,599
2024 · €113,202-€30,603
Equity
€14.2m
2024 · €14.1m+€82,600
Cash
€1.5m
2024 · €2.4m-€929,259
Balance sheet total
€42.6m
2024 · €45.6m-€3.0m
Largest movements
Assets
- Receivables after one year -€2.0m
down €2.0m (-5.0%), from €40.4m to €38.4m
- Cash -€929,259
down €929,259 (-38.9%), from €2.4m to €1.5m
mainly Debts after one year (-€2.8m) and Current portion of long-term debt (-€221,620)
Equity and liabilities
- Debts after one year -€2.8m
down €2.8m (-10.1%), from €28.0m to €25.1m
Income statement
- Turnover -€74,123
down €74,123 (-6.9%), from €1.1m to €1.0m
- Goods and materials -€72,692
down €72,692 (-11.6%), from €626,482 to €553,790
- Services and other goods +€23,472
up €23,472 (+16.7%), from €140,429 to €163,901
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
€113,202
Turnover
-€74,123
Other operating income
+€2,977
Goods and materials
+€72,692
Services and other goods
-€23,472
Staff costs
-€6,366
Depreciation
+€1,624
Other operating charges
-€242
Financial income
-€6,232
Financial charges
+€157
Taxes
+€2,382
Result 2025
€82,599
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
+€2.2m
Investment
-€31,475
Financing
-€3.1m
Cash 2024
€2.4m
From operations (derived)
+€2.2m
Net result for the year
+€82,599
Depreciation
+€33,497
Receivables after one year
+€2.0m
Receivables within one year
+€16,916
Smaller working-capital items
+€8,517
Other debts
+€16,401
Accrued charges and deferred income
-€25,275
Investment (derived)
-€31,475
Investment in fixed assets (net)
-€31,475
Financing
-€3.1m
Debts after one year
-€2.8m
Current portion of long-term debt
-€221,620
Contributions, distributions and other
+€1
Cash 2025
€1.5m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €45,590,982 | €42,609,519 | -€3.0m | -6.5% |
| Fixed assets | 21/28 | €573,659 | €571,637 | -€2,022 | -0.4% |
| Tangible fixed assets | 22/27 | €573,659 | €571,637 | -€2,022 | -0.4% |
| Land and buildings | 22 | €546,526 | €520,061 | -€26,465 | -4.8% |
| Plant, machinery and equipment | 23 | €26,482 | €51,576 | +€25,094 | +94.8% |
| Furniture and vehicles | 24 | €651 | - | -€651 | |
| Current assets | 29/58 | €45,017,323 | €42,037,882 | -€3.0m | -6.6% |
| Amounts receivable after more than one year | 29 | €40,439,856 | €38,410,417 | -€2.0m | -5.0% |
| Trade receivables | 290 | €40,439,856 | €38,410,417 | -€2.0m | -5.0% |
| Amounts receivable within one year | 40/41 | €2,088,449 | €2,071,533 | -€16,916 | -0.8% |
| Trade receivables | 40 | €2,088,449 | €2,071,533 | -€16,916 | -0.8% |
| Cash at bank and in hand | 54/58 | €2,390,015 | €1,460,756 | -€929,259 | -38.9% |
| Deferred charges and accrued income | 490/1 | €99,003 | €95,176 | -€3,827 | -3.9% |
| Total equity and liabilities | 10/49 | €45,590,982 | €42,609,519 | -€3.0m | -6.5% |
| Equity | 10/15 | €14,144,744 | €14,227,344 | +€82,600 | +0.6% |
| Contributions | 10/11 | €2,288,348 | €2,288,348 | = | 0.0% |
| Capital | 10 | €2,288,348 | €2,288,348 | = | 0.0% |
| Issued capital | 100 | €2,295,876 | €2,295,876 | = | 0.0% |
| Uncalled capital | 101 | €7,528 | €7,528 | = | 0.0% |
| Revaluation surpluses | 12 | €674,294 | €674,295 | +€1 | 0.0% |
| Reserves | 13 | €11,182,102 | €11,264,701 | +€82,599 | +0.7% |
| Non-distributable reserves | 130/1 | €323,780 | €323,780 | = | 0.0% |
| Legal reserve | 130 | €229,588 | €229,588 | = | 0.0% |
| Reserves not available under the articles | 1311 | €94,192 | €94,192 | = | 0.0% |
| Distributable reserves | 133 | €10,858,322 | €10,940,921 | +€82,599 | +0.8% |
| Amounts payable | 17/49 | €31,446,238 | €28,382,175 | -€3.1m | -9.7% |
| Amounts payable after more than one year | 17 | €27,984,315 | €25,146,056 | -€2.8m | -10.1% |
| Financial debts | 170/4 | €27,984,315 | €25,146,056 | -€2.8m | -10.1% |
| Credit institutions | 173 | €27,984,315 | €25,146,056 | -€2.8m | -10.1% |
| Amounts payable within one year | 42/48 | €3,243,499 | €3,042,970 | -€200,529 | -6.2% |
| Current portion of amounts payable after more than one year | 42 | €3,060,200 | €2,838,580 | -€221,620 | -7.2% |
| Trade debts | 44 | €13,070 | €13,099 | +€29 | +0.2% |
| Suppliers | 440/4 | €13,070 | €13,099 | +€29 | +0.2% |
| Taxes, remuneration and social security | 45 | €27,178 | €31,839 | +€4,661 | +17.1% |
| Taxes | 450/3 | €2,762 | €6,542 | +€3,780 | +137% |
| Remuneration and social security | 454/9 | €24,416 | €25,297 | +€881 | +3.6% |
| Other amounts payable | 47/48 | €143,051 | €159,452 | +€16,401 | +11.5% |
| Accrued charges and deferred income | 492/3 | €218,424 | €193,149 | -€25,275 | -11.6% |
| Operating income | 70/76A | €1,121,215 | €1,050,069 | -€71,146 | -6.3% |
| Turnover | 70 | €1,077,113 | €1,002,990 | -€74,123 | -6.9% |
| Other operating income | 74 | €44,102 | €47,079 | +€2,977 | +6.8% |
| Operating charges | 60/66A | €1,011,132 | €966,896 | -€44,236 | -4.4% |
| Goods for resale, raw materials and consumables | 60 | €626,482 | €553,790 | -€72,692 | -11.6% |
| Purchases | 600/8 | €626,482 | €553,790 | -€72,692 | -11.6% |
| Services and other goods | 61 | €140,429 | €163,901 | +€23,472 | +16.7% |
| Remuneration, social security and pensions | 62 | €201,065 | €207,431 | +€6,366 | +3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,121 | €33,497 | -€1,624 | -4.6% |
| Other operating charges | 640/8 | €8,035 | €8,277 | +€242 | +3.0% |
| Operating profit (loss) | 9901 | €110,083 | €83,173 | -€26,910 | -24.4% |
| Financial income | 75/76B | €12,201 | €5,969 | -€6,232 | -51.1% |
| Recurring financial income | 75 | €12,201 | €5,969 | -€6,232 | -51.1% |
| Other financial income | 752/9 | €12,201 | €5,969 | -€6,232 | -51.1% |
| Financial charges | 65/66B | €158 | €1 | -€157 | -99.4% |
| Recurring financial charges | 65 | €158 | €1 | -€157 | -99.4% |
| Other financial charges | 652/9 | €158 | €1 | -€157 | -99.4% |
| Profit (loss) for the period before taxes | 9903 | €122,126 | €89,141 | -€32,985 | -27.0% |
| Income taxes | 67/77 | €8,924 | €6,542 | -€2,382 | -26.7% |
| Taxes | 670/3 | €8,924 | €6,542 | -€2,382 | -26.7% |
| Profit (loss) for the period | 9904 | €113,202 | €82,599 | -€30,603 | -27.0% |
| Profit (loss) for the period to be appropriated | 9905 | €113,202 | €82,599 | -€30,603 | -27.0% |
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 8 November 2026 via checked.be.