KEVINS KAPSALON: what changed
KEVINS KAPSALON
Largest movements
- Stocks and contracts +€10,900
new in 2025: €10,900
- Cash +€6,311
up €6,311 (+78.7%), from €8,023 to €14,334
mainly Net result for the year (+€16,547) and Receivables within one year (+€3,276)
- Receivables within one year -€3,276
down €3,276 (-84.9%), from €3,860 to €585
of which Trade receivables: -€3,645
- Tangible fixed assets -€889
down €889 (-37.4%), from €2,375 to €1,486
of which Plant, machinery and equipment: -€458
- Reserves +€14,000
new in 2025: €14,000
- Other debts -€2,696
down €2,696 (-28.4%), from €9,510 to €6,814
- Profit (loss) carried forward +€2,547
up €2,547, from -€1,967 to €580
- Trade debts -€1,855
down €1,855 (-54.7%), from €3,393 to €1,538
- Tax, wage and social debts +€1,025
up €1,025 (+38.6%), from €2,658 to €3,682
- Gross operating margin +€21,465
up €21,465 (+12,007%), from €179 to €21,643
- Taxes +€4,143
new in 2025: €4,143
- Financial income +€1,131
up €1,131 (+102,815%), from €1 to €1,132
- Other operating charges +€299
up €299 (+51.9%), from €577 to €876
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €14,594 | €27,615 | +€13,021 | +89.2% |
| Fixed assets | 21/28 | €2,375 | €1,486 | -€889 | -37.4% |
| Tangible fixed assets | 22/27 | €2,375 | €1,486 | -€889 | -37.4% |
| Plant, machinery and equipment | 23 | €1,470 | €1,012 | -€458 | -31.2% |
| Furniture and vehicles | 24 | €906 | €474 | -€431 | -47.6% |
| Current assets | 29/58 | €12,219 | €26,128 | +€13,910 | +114% |
| Stocks and contracts in progress | 3 | - | €10,900 | +€10,900 | |
| Stocks | 30/36 | - | €10,900 | +€10,900 | |
| Amounts receivable within one year | 40/41 | €3,860 | €585 | -€3,276 | -84.9% |
| Trade receivables | 40 | €3,645 | - | -€3,645 | |
| Other amounts receivable | 41 | €215 | €585 | +€369 | +171% |
| Cash at bank and in hand | 54/58 | €8,023 | €14,334 | +€6,311 | +78.7% |
| Deferred charges and accrued income | 490/1 | €335 | €309 | -€26 | -7.8% |
| Total equity and liabilities | 10/49 | €14,594 | €27,615 | +€13,021 | +89.2% |
| Equity | 10/15 | -€967 | €15,580 | +€16,547 | |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | - | €14,000 | +€14,000 | |
| Distributable reserves | 133 | - | €14,000 | +€14,000 | |
| Profit (loss) carried forward | 14 | -€1,967 | €580 | +€2,547 | |
| Amounts payable | 17/49 | €15,561 | €12,034 | -€3,526 | -22.7% |
| Amounts payable within one year | 42/48 | €15,561 | €12,034 | -€3,526 | -22.7% |
| Trade debts | 44 | €3,393 | €1,538 | -€1,855 | -54.7% |
| Suppliers | 440/4 | €3,393 | €1,538 | -€1,855 | -54.7% |
| Taxes, remuneration and social security | 45 | €2,658 | €3,682 | +€1,025 | +38.6% |
| Taxes | 450/3 | €2,658 | €3,682 | +€1,025 | +38.6% |
| Other amounts payable | 47/48 | €9,510 | €6,814 | -€2,696 | -28.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €792 | €889 | +€97 | +12.3% |
| Other operating charges | 640/8 | €577 | €876 | +€299 | +51.9% |
| Gross operating margin | 9900 | €179 | €21,643 | +€21,465 | +12,007% |
| Operating profit (loss) | 9901 | -€1,189 | €19,879 | +€21,068 | |
| Financial income | 75/76B | €1 | €1,132 | +€1,131 | +102,815% |
| Recurring financial income | 75 | €1 | €1,132 | +€1,131 | +102,815% |
| Financial charges | 65/66B | €162 | €320 | +€158 | +97.6% |
| Recurring financial charges | 65 | €162 | €320 | +€158 | +97.6% |
| Profit (loss) for the period before taxes | 9903 | -€1,351 | €20,690 | +€22,041 | |
| Income taxes | 67/77 | - | €4,143 | +€4,143 | |
| Profit (loss) for the period | 9904 | -€1,351 | €16,547 | +€17,898 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,351 | €16,547 | +€17,898 |
Next steps
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 4 November 2026 via checked.be.