KIP-MECHOUI: 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-MECHOUI
Largest movements
- Cash -€19,760
down €19,760 (-62.7%), from €31,523 to €11,762
mainly Net result for the year (-€18,084) and Tax, wage and social debts (-€8,725)
- Tangible fixed assets -€3,176
down €3,176 (-23.2%), from €13,677 to €10,501
of which Furniture and vehicles: -€2,283
- Receivables within one year +€740
new in 2025: €740
- Reserves -€18,084
down €18,084 (-92.1%), from €19,625 to €1,541
of which Distributable reserves: -€18,084
- Tax, wage and social debts -€8,725
down €8,725 (-72.2%), from €12,090 to €3,365
of which Remuneration and social security: -€4,971
- Trade debts +€3,333
up €3,333 (+274%), from €1,216 to €4,550
- Other debts +€1,556
up €1,556 (+221%), from €703 to €2,259
- Gross operating margin -€58,962
down €58,962 (-58.6%), from €100,636 to €41,674
- Taxes -€4,376
down €4,376 (-100%), from €4,376 to €0
- Staff costs -€2,622
down €2,622 (-4.6%), from €56,929 to €54,307
- Depreciation +€1,699
up €1,699 (+115%), from €1,477 to €3,176
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 | €52,235 | €30,314 | -€21,920 | -42.0% |
| Fixed assets | 21/28 | €13,677 | €10,501 | -€3,176 | -23.2% |
| Tangible fixed assets | 22/27 | €13,677 | €10,501 | -€3,176 | -23.2% |
| Plant, machinery and equipment | 23 | €3,082 | €2,190 | -€893 | -29.0% |
| Furniture and vehicles | 24 | €10,595 | €8,312 | -€2,283 | -21.6% |
| Current assets | 29/58 | €38,557 | €19,813 | -€18,744 | -48.6% |
| Stocks and contracts in progress | 3 | €6,100 | €6,000 | -€100 | -1.6% |
| Stocks | 30/36 | €6,100 | €6,000 | -€100 | -1.6% |
| Amounts receivable within one year | 40/41 | - | €740 | +€740 | |
| Other amounts receivable | 41 | - | €740 | +€740 | |
| Cash at bank and in hand | 54/58 | €31,523 | €11,762 | -€19,760 | -62.7% |
| Deferred charges and accrued income | 490/1 | €935 | €1,311 | +€376 | +40.2% |
| Total equity and liabilities | 10/49 | €52,235 | €30,314 | -€21,920 | -42.0% |
| Equity | 10/15 | €38,225 | €20,141 | -€18,084 | -47.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €19,625 | €1,541 | -€18,084 | -92.1% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €19,625 | €1,541 | -€18,084 | -92.1% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €14,009 | €10,173 | -€3,836 | -27.4% |
| Amounts payable within one year | 42/48 | €14,009 | €10,173 | -€3,836 | -27.4% |
| Trade debts | 44 | €1,216 | €4,550 | +€3,333 | +274% |
| Suppliers | 440/4 | €1,216 | €4,550 | +€3,333 | +274% |
| Taxes, remuneration and social security | 45 | €12,090 | €3,365 | -€8,725 | -72.2% |
| Taxes | 450/3 | €5,460 | €1,706 | -€3,754 | -68.8% |
| Remuneration and social security | 454/9 | €6,630 | €1,659 | -€4,971 | -75.0% |
| Other amounts payable | 47/48 | €703 | €2,259 | +€1,556 | +221% |
| Remuneration, social security and pensions | 62 | €56,929 | €54,307 | -€2,622 | -4.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,477 | €3,176 | +€1,699 | +115% |
| Other operating charges | 640/8 | €1,683 | €723 | -€960 | -57.0% |
| Gross operating margin | 9900 | €100,636 | €41,674 | -€58,962 | -58.6% |
| Operating profit (loss) | 9901 | €40,547 | -€16,532 | -€57,079 | |
| Financial income | 75/76B | €0 | €1 | +€1 | |
| Recurring financial income | 75 | €0 | €1 | +€1 | |
| Financial charges | 65/66B | €1,262 | €1,553 | +€291 | +23.1% |
| Recurring financial charges | 65 | €1,262 | €1,553 | +€291 | +23.1% |
| Profit (loss) for the period before taxes | 9903 | €39,285 | -€18,084 | -€57,369 | |
| Income taxes | 67/77 | €4,376 | €0 | -€4,376 | -100% |
| Profit (loss) for the period | 9904 | €34,908 | -€18,084 | -€52,993 | |
| Profit (loss) for the period to be appropriated | 9905 | €34,908 | -€18,084 | -€52,993 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.