KEMPITEL: 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.
KEMPITEL
Largest movements
- Cash +€56,169
up €56,169 (+4,659%), from €1,206 to €57,375
mainly Net result for the year (+€28,907) and Depreciation (+€28,505)
- Tangible fixed assets -€23,461
down €23,461 (-26.6%), from €88,305 to €64,844
of which Furniture and vehicles: -€20,974
- Receivables within one year -€18,797
down €18,797 (-38.1%), from €49,386 to €30,589
of which Trade receivables: -€21,864
- Profit (loss) carried forward +€22,907
up €22,907 (+119%), from €19,324 to €42,231
- Other debts +€12,714
up €12,714 (+170%), from €7,460 to €20,174
- Tax, wage and social debts -€10,138
down €10,138 (-48.7%), from €20,819 to €10,681
- Debts after one year -€10,085
down €10,085 (-35.0%), from €28,777 to €18,692
- Accrued charges and deferred income -€3,512
no longer reported in 2025 (was €3,512)
- Gross operating margin +€38,382
up €38,382 (+152%), from €25,289 to €63,670
- Taxes +€7,099
up €7,099 (+2,148%), from €330 to €7,429
- Financial income +€4,170
new in 2025: €4,170
- Financial charges -€4,104
down €4,104 (-68.8%), from €5,963 to €1,860
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 | €138,947 | €152,858 | +€13,911 | +10.0% |
| Fixed assets | 21/28 | €88,355 | €64,894 | -€23,461 | -26.6% |
| Tangible fixed assets | 22/27 | €88,305 | €64,844 | -€23,461 | -26.6% |
| Plant, machinery and equipment | 23 | €19,927 | €18,547 | -€1,379 | -6.9% |
| Furniture and vehicles | 24 | €67,199 | €46,224 | -€20,974 | -31.2% |
| Other tangible fixed assets | 26 | €1,180 | €72 | -€1,107 | -93.9% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €50,592 | €87,964 | +€37,372 | +73.9% |
| Amounts receivable within one year | 40/41 | €49,386 | €30,589 | -€18,797 | -38.1% |
| Trade receivables | 40 | €45,114 | €23,250 | -€21,864 | -48.5% |
| Other amounts receivable | 41 | €4,272 | €7,339 | +€3,067 | +71.8% |
| Cash at bank and in hand | 54/58 | €1,206 | €57,375 | +€56,169 | +4,659% |
| Total equity and liabilities | 10/49 | €138,947 | €152,858 | +€13,911 | +10.0% |
| Equity | 10/15 | €59,315 | €82,223 | +€22,907 | +38.6% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €20,991 | €20,991 | = | 0.0% |
| Tax-exempt reserves | 132 | €16,500 | €16,500 | = | 0.0% |
| Distributable reserves | 133 | €4,491 | €4,491 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,324 | €42,231 | +€22,907 | +119% |
| Amounts payable | 17/49 | €79,631 | €70,635 | -€8,996 | -11.3% |
| Amounts payable after more than one year | 17 | €28,777 | €18,692 | -€10,085 | -35.0% |
| Financial debts | 170/4 | €28,777 | €18,692 | -€10,085 | -35.0% |
| Amounts payable within one year | 42/48 | €47,343 | €51,944 | +€4,601 | +9.7% |
| Current portion of amounts payable after more than one year | 42 | €9,653 | €10,085 | +€432 | +4.5% |
| Trade debts | 44 | €9,411 | €11,004 | +€1,593 | +16.9% |
| Suppliers | 440/4 | €9,411 | €11,004 | +€1,593 | +16.9% |
| Taxes, remuneration and social security | 45 | €20,819 | €10,681 | -€10,138 | -48.7% |
| Taxes | 450/3 | €20,819 | €10,681 | -€10,138 | -48.7% |
| Other amounts payable | 47/48 | €7,460 | €20,174 | +€12,714 | +170% |
| Accrued charges and deferred income | 492/3 | €3,512 | - | -€3,512 | |
| Remuneration, social security and pensions | 62 | €200 | - | -€200 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,389 | €28,505 | +€117 | +0.4% |
| Other operating charges | 640/8 | €1,498 | €1,139 | -€359 | -23.9% |
| Gross operating margin | 9900 | €25,289 | €63,670 | +€38,382 | +152% |
| Operating profit (loss) | 9901 | -€4,798 | €34,026 | +€38,824 | |
| Financial income | 75/76B | - | €4,170 | +€4,170 | |
| Recurring financial income | 75 | - | €4,170 | +€4,170 | |
| Financial charges | 65/66B | €5,963 | €1,860 | -€4,104 | -68.8% |
| Recurring financial charges | 65 | €5,963 | €1,860 | -€4,104 | -68.8% |
| Profit (loss) for the period before taxes | 9903 | -€10,761 | €36,337 | +€47,098 | |
| Income taxes | 67/77 | €330 | €7,429 | +€7,099 | +2,148% |
| Profit (loss) for the period | 9904 | -€11,092 | €28,907 | +€39,999 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,092 | €28,907 | +€39,999 |
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 22 October 2026 via checked.be.