KIPKOT: 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.
KIPKOT
Largest movements
- Receivables within one year -€14,934
down €14,934 (-19.0%), from €78,405 to €63,471
of which Other amounts receivable: -€26,828
- Receivables after one year +€6,168
up €6,168 (+1.3%), from €492,614 to €498,781
- Other debts -€71,667
down €71,667 (-7.0%), from €1.0m to €957,165
- Profit (loss) carried forward +€63,409
up €63,409 (+11.6%), from -€545,677 to -€482,268
- Gross operating margin +€17,604
up €17,604 (+77.6%), from €22,685 to €40,289
- Financial income +€14,358
up €14,358 (+336%), from €4,276 to €18,634
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 | €588,861 | €579,318 | -€9,543 | -1.6% |
| Fixed assets | 21/28 | €15,908 | €13,177 | -€2,731 | -17.2% |
| Tangible fixed assets | 22/27 | €15,830 | €13,099 | -€2,731 | -17.3% |
| Land and buildings | 22 | €13,626 | €11,798 | -€1,828 | -13.4% |
| Furniture and vehicles | 24 | €2,204 | €1,301 | -€903 | -41.0% |
| Financial fixed assets | 28 | €78 | €78 | = | 0.0% |
| Current assets | 29/58 | €572,953 | €566,141 | -€6,811 | -1.2% |
| Amounts receivable after more than one year | 29 | €492,614 | €498,781 | +€6,168 | +1.3% |
| Other amounts receivable | 291 | €492,614 | €498,781 | +€6,168 | +1.3% |
| Amounts receivable within one year | 40/41 | €78,405 | €63,471 | -€14,934 | -19.0% |
| Trade receivables | 40 | €14,167 | €26,062 | +€11,894 | +84.0% |
| Other amounts receivable | 41 | €64,238 | €37,410 | -€26,828 | -41.8% |
| Cash at bank and in hand | 54/58 | €1,934 | €3,888 | +€1,955 | +101% |
| Total equity and liabilities | 10/49 | €588,861 | €579,318 | -€9,543 | -1.6% |
| Equity | 10/15 | -€455,677 | -€392,268 | +€63,409 | +13.9% |
| Contributions | 10/11 | €90,000 | €90,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€545,677 | -€482,268 | +€63,409 | +11.6% |
| Amounts payable | 17/49 | €1,044,537 | €971,585 | -€72,952 | -7.0% |
| Amounts payable within one year | 42/48 | €1,044,537 | €971,585 | -€72,952 | -7.0% |
| Trade debts | 44 | €13,888 | €14,412 | +€524 | +3.8% |
| Suppliers | 440/4 | €13,888 | €14,412 | +€524 | +3.8% |
| Taxes, remuneration and social security | 45 | €1,817 | €9 | -€1,808 | -99.5% |
| Taxes | 450/3 | €1,817 | €9 | -€1,808 | -99.5% |
| Other amounts payable | 47/48 | €1,028,832 | €957,165 | -€71,667 | -7.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,022 | €2,731 | -€290 | -9.6% |
| Other operating charges | 640/8 | €401 | €732 | +€331 | +82.7% |
| Gross operating margin | 9900 | €22,685 | €40,289 | +€17,604 | +77.6% |
| Operating profit (loss) | 9901 | €19,263 | €36,826 | +€17,563 | +91.2% |
| Financial income | 75/76B | €4,276 | €18,634 | +€14,358 | +336% |
| Recurring financial income | 75 | €4,276 | €18,634 | +€14,358 | +336% |
| Financial charges | 65/66B | €546 | €607 | +€61 | +11.2% |
| Recurring financial charges | 65 | €546 | €607 | +€61 | +11.2% |
| Profit (loss) for the period before taxes | 9903 | €22,994 | €54,853 | +€31,860 | +139% |
| Profit (loss) for the period | 9904 | €22,994 | €54,853 | +€31,860 | +139% |
| Profit (loss) for the period to be appropriated | 9905 | €22,994 | €54,853 | +€31,860 | +139% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.