KERPUNS: 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.
KERPUNS
Largest movements
- Tangible fixed assets -€10,230
down €10,230 (-14.3%), from €71,610 to €61,380
- Receivables within one year -€4,978
down €4,978 (-98.6%), from €5,049 to €71
of which Trade receivables: -€3,163
- Cash -€3,443
down €3,443 (-18.5%), from €18,581 to €15,138
mainly Net result for the year (-€20,355) and Trade debts (-€1,177)
- Profit (loss) carried forward -€20,355
down €20,355 (-26.3%), from -€77,461 to -€97,816
- Other debts +€2,881
up €2,881 (+6.0%), from €48,235 to €51,116
- Contributions +€1,860
up €1,860 (+10.0%), from €18,600 to €20,460
- Reserves -€1,860
no longer reported in 2025 (was €1,860)
- Trade debts -€1,177
down €1,177 (-4.1%), from €28,847 to €27,671
- Gross operating margin -€26,287
down €26,287, from €20,983 to -€5,304
- Purchases and services +€5,304
new in 2025: €5,304
- Other operating charges -€2,445
down €2,445 (-86.0%), from €2,845 to €400
- Financial income -€2,135
no longer reported in 2025 (was €2,135)
of which Financial income: -€2,135
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 | €95,241 | €76,589 | -€18,651 | -19.6% |
| Fixed assets | 21/28 | €71,610 | €61,380 | -€10,230 | -14.3% |
| Tangible fixed assets | 22/27 | €71,610 | €61,380 | -€10,230 | -14.3% |
| Land and buildings | 22 | €71,610 | €61,380 | -€10,230 | -14.3% |
| Current assets | 29/58 | €23,631 | €15,209 | -€8,421 | -35.6% |
| Amounts receivable within one year | 40/41 | €5,049 | €71 | -€4,978 | -98.6% |
| Trade receivables | 40 | €3,233 | €71 | -€3,163 | -97.8% |
| Other amounts receivable | 41 | €1,816 | - | -€1,816 | |
| Cash at bank and in hand | 54/58 | €18,581 | €15,138 | -€3,443 | -18.5% |
| Total equity and liabilities | 10/49 | €95,241 | €76,589 | -€18,651 | -19.6% |
| Equity | 10/15 | -€57,001 | -€77,356 | -€20,355 | -35.7% |
| Contributions | 10/11 | €18,600 | €20,460 | +€1,860 | +10.0% |
| Capital | 10 | €18,600 | - | -€18,600 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €1,860 | - | -€1,860 | |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Profit (loss) carried forward | 14 | -€77,461 | -€97,816 | -€20,355 | -26.3% |
| Provisions and deferred taxes | 16 | €2,000 | €2,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €2,000 | €2,000 | = | 0.0% |
| Pensions and similar obligations | 160 | - | €2,000 | +€2,000 | |
| Environmental obligations | 163 | €2,000 | - | -€2,000 | |
| Amounts payable | 17/49 | €150,242 | €151,945 | +€1,704 | +1.1% |
| Amounts payable within one year | 42/48 | €77,082 | €78,786 | +€1,704 | +2.2% |
| Trade debts | 44 | €28,847 | €27,671 | -€1,177 | -4.1% |
| Suppliers | 440/4 | €28,847 | €27,671 | -€1,177 | -4.1% |
| Other amounts payable | 47/48 | €48,235 | €51,116 | +€2,881 | +6.0% |
| Accrued charges and deferred income | 492/3 | €73,159 | €73,159 | = | 0.0% |
| Goods, raw materials, services and sundry goods | 60/61 | - | €5,304 | +€5,304 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,230 | €10,230 | = | 0.0% |
| Other operating charges | 640/8 | €2,845 | €400 | -€2,445 | -86.0% |
| Non-recurring operating charges | 66A | - | €4,349 | +€4,349 | |
| Gross operating margin | 9900 | €20,983 | -€5,304 | -€26,287 | |
| Operating profit (loss) | 9901 | €7,908 | -€20,283 | -€28,191 | |
| Financial income | 75/76B | €2,135 | - | -€2,135 | |
| Recurring financial income | 75 | €2,135 | - | -€2,135 | |
| Non-recurring financial income | 76B | €2,135 | - | -€2,135 | |
| Financial charges | 65/66B | €235 | €73 | -€162 | -69.1% |
| Recurring financial charges | 65 | €235 | €73 | -€162 | -69.1% |
| Profit (loss) for the period before taxes | 9903 | €9,808 | -€20,355 | -€30,164 | |
| Profit (loss) for the period | 9904 | €9,808 | -€20,355 | -€30,164 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,808 | -€20,355 | -€30,164 |
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 12 October 2026 via checked.be.