KIP'KOT: 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.
KIP'KOT
Largest movements
- Tangible fixed assets -€12,891
down €12,891 (-5.0%), from €258,772 to €245,880
of which Land and buildings: -€9,300
- Trade debts -€15,292
down €15,292 (-63.9%), from €23,930 to €8,638
- Debts after one year -€11,949
down €11,949 (-7.6%), from €157,941 to €145,992
- Other debts +€10,641
up €10,641 (+19.0%), from €56,136 to €66,776
- Tax, wage and social debts +€4,848
up €4,848 (+397%), from €1,223 to €6,071
of which Taxes: +€3,771
- Gross operating margin +€11,250
up €11,250 (+29.1%), from €38,694 to €49,944
- Staff costs -€6,936
down €6,936 (-18.1%), from €38,287 to €31,351
- Other operating charges -€1,785
down €1,785 (-73.7%), from €2,422 to €638
- Financial charges +€1,384
up €1,384 (+27.3%), from €5,070 to €6,453
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €262,876 | €250,597 | -€12,279 | -4.7% |
| Fixed assets | 21/28 | €260,179 | €247,288 | -€12,891 | -5.0% |
| Tangible fixed assets | 22/27 | €258,772 | €245,880 | -€12,891 | -5.0% |
| Land and buildings | 22 | €235,600 | €226,300 | -€9,300 | -3.9% |
| Plant, machinery and equipment | 23 | €5,027 | €3,126 | -€1,901 | -37.8% |
| Furniture and vehicles | 24 | €18,145 | €16,455 | -€1,690 | -9.3% |
| Financial fixed assets | 28 | €1,408 | €1,408 | = | 0.0% |
| Current assets | 29/58 | €2,697 | €3,309 | +€612 | +22.7% |
| Amounts receivable within one year | 40/41 | €2,697 | €3,309 | +€612 | +22.7% |
| Other amounts receivable | 41 | €2,697 | €3,309 | +€612 | +22.7% |
| Total equity and liabilities | 10/49 | €262,876 | €250,597 | -€12,279 | -4.7% |
| Equity | 10/15 | €8,047 | €6,657 | -€1,390 | -17.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €405,981 | €405,981 | = | 0.0% |
| Non-distributable reserves | 130/1 | €390,481 | €390,481 | = | 0.0% |
| Other | 1319 | €390,481 | €390,481 | = | 0.0% |
| Distributable reserves | 133 | €15,500 | €15,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€416,534 | -€417,924 | -€1,390 | -0.3% |
| Amounts payable | 17/49 | €254,829 | €243,940 | -€10,889 | -4.3% |
| Amounts payable after more than one year | 17 | €157,941 | €145,992 | -€11,949 | -7.6% |
| Financial debts | 170/4 | €157,941 | €145,992 | -€11,949 | -7.6% |
| Amounts payable within one year | 42/48 | €96,889 | €97,948 | +€1,060 | +1.1% |
| Financial debts | 43 | €15,600 | €16,463 | +€863 | +5.5% |
| Credit institutions | 430/8 | €15,600 | €16,463 | +€863 | +5.5% |
| Trade debts | 44 | €23,930 | €8,638 | -€15,292 | -63.9% |
| Suppliers | 440/4 | €23,930 | €8,638 | -€15,292 | -63.9% |
| Taxes, remuneration and social security | 45 | €1,223 | €6,071 | +€4,848 | +397% |
| Taxes | 450/3 | - | €3,771 | +€3,771 | |
| Remuneration and social security | 454/9 | €1,223 | €2,300 | +€1,077 | +88.1% |
| Other amounts payable | 47/48 | €56,136 | €66,776 | +€10,641 | +19.0% |
| Remuneration, social security and pensions | 62 | €38,287 | €31,351 | -€6,936 | -18.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,891 | €12,891 | = | 0.0% |
| Other operating charges | 640/8 | €2,422 | €638 | -€1,785 | -73.7% |
| Gross operating margin | 9900 | €38,694 | €49,944 | +€11,250 | +29.1% |
| Operating profit (loss) | 9901 | -€14,907 | €5,064 | +€19,970 | |
| Financial charges | 65/66B | €5,070 | €6,453 | +€1,384 | +27.3% |
| Recurring financial charges | 65 | €5,070 | €6,453 | +€1,384 | +27.3% |
| Profit (loss) for the period before taxes | 9903 | -€19,977 | -€1,390 | +€18,587 | +93.0% |
| Profit (loss) for the period | 9904 | -€19,977 | -€1,390 | +€18,587 | +93.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€19,977 | -€1,390 | +€18,587 | +93.0% |
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 25 October 2026 via checked.be.