KIPS LED VERLICHTING: 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.
KIPS LED VERLICHTING
Largest movements
- Receivables within one year -€195,091
down €195,091 (-40.3%), from €483,801 to €288,710
of which Trade receivables: -€183,079
- Cash +€49,007
up €49,007 (+292%), from €16,780 to €65,787
mainly Receivables within one year (+€195,091) and Stocks and contracts (+€22,308)
- Stocks and contracts -€22,308
down €22,308 (-5.8%), from €381,821 to €359,512
- Tangible fixed assets +€11,704
up €11,704, from €0 to €11,704
- Profit (loss) carried forward -€115,301
down €115,301 (-1,532%), from -€7,528 to -€122,829
- Debts after one year -€30,821
down €30,821 (-32.5%), from €94,923 to €64,102
- Trade debts -€21,460
down €21,460 (-15.9%), from €135,180 to €113,720
- Gross operating margin -€122,489
down €122,489, from €113,140 to -€9,348
- Other operating charges -€9,543
down €9,543 (-77.1%), from €12,372 to €2,829
- Depreciation +€4,149
up €4,149 (+473%), from €878 to €5,027
- Staff costs +€3,454
up €3,454 (+5.1%), from €67,282 to €70,736
- Financial charges -€1,894
down €1,894 (-6.3%), from €30,272 to €28,377
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 | €990,109 | €829,987 | -€160,121 | -16.2% |
| Fixed assets | 21/28 | €104,737 | €112,601 | +€7,864 | +7.5% |
| Intangible fixed assets | 21 | €100,897 | €100,897 | = | 0.0% |
| Tangible fixed assets | 22/27 | €0 | €11,704 | +€11,704 | |
| Furniture and vehicles | 24 | €0 | €11,704 | +€11,704 | |
| Financial fixed assets | 28 | €3,840 | €0 | -€3,840 | -100% |
| Current assets | 29/58 | €885,371 | €717,386 | -€167,985 | -19.0% |
| Stocks and contracts in progress | 3 | €381,821 | €359,512 | -€22,308 | -5.8% |
| Stocks | 30/36 | €381,821 | €359,512 | -€22,308 | -5.8% |
| Amounts receivable within one year | 40/41 | €483,801 | €288,710 | -€195,091 | -40.3% |
| Trade receivables | 40 | €349,135 | €166,056 | -€183,079 | -52.4% |
| Other amounts receivable | 41 | €134,665 | €122,654 | -€12,012 | -8.9% |
| Current investments | 50/53 | €2,510 | €2,500 | -€10 | -0.4% |
| Cash at bank and in hand | 54/58 | €16,780 | €65,787 | +€49,007 | +292% |
| Deferred charges and accrued income | 490/1 | €460 | €877 | +€417 | +90.6% |
| Total equity and liabilities | 10/49 | €990,109 | €829,987 | -€160,121 | -16.2% |
| Equity | 10/15 | €352,938 | €237,637 | -€115,301 | -32.7% |
| Contributions | 10/11 | €330,000 | €330,000 | = | 0.0% |
| Reserves | 13 | €30,466 | €30,466 | = | 0.0% |
| Distributable reserves | 133 | €30,466 | €30,466 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,528 | -€122,829 | -€115,301 | -1,532% |
| Amounts payable | 17/49 | €637,171 | €592,350 | -€44,821 | -7.0% |
| Amounts payable after more than one year | 17 | €94,923 | €64,102 | -€30,821 | -32.5% |
| Financial debts | 170/4 | €94,923 | €64,102 | -€30,821 | -32.5% |
| Amounts payable within one year | 42/48 | €541,598 | €528,248 | -€13,350 | -2.5% |
| Current portion of amounts payable after more than one year | 42 | €35,397 | €43,134 | +€7,737 | +21.9% |
| Financial debts | 43 | €253,531 | €250,000 | -€3,531 | -1.4% |
| Credit institutions | 430/8 | €253,531 | €250,000 | -€3,531 | -1.4% |
| Trade debts | 44 | €135,180 | €113,720 | -€21,460 | -15.9% |
| Suppliers | 440/4 | €135,180 | €113,720 | -€21,460 | -15.9% |
| Taxes, remuneration and social security | 45 | €115,906 | €119,809 | +€3,903 | +3.4% |
| Taxes | 450/3 | €113,965 | €114,736 | +€771 | +0.7% |
| Remuneration and social security | 454/9 | €1,941 | €5,073 | +€3,132 | +161% |
| Other amounts payable | 47/48 | €1,586 | €1,586 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €650 | €0 | -€650 | -100% |
| Remuneration, social security and pensions | 62 | €67,282 | €70,736 | +€3,454 | +5.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €878 | €5,027 | +€4,149 | +473% |
| Other operating charges | 640/8 | €12,372 | €2,829 | -€9,543 | -77.1% |
| Gross operating margin | 9900 | €113,140 | -€9,348 | -€122,489 | |
| Operating profit (loss) | 9901 | €32,609 | -€87,940 | -€120,549 | |
| Financial income | 75/76B | €79 | €1,017 | +€938 | +1,188% |
| Recurring financial income | 75 | €79 | €1,017 | +€938 | +1,188% |
| Financial charges | 65/66B | €30,272 | €28,377 | -€1,894 | -6.3% |
| Recurring financial charges | 65 | €30,272 | €28,377 | -€1,894 | -6.3% |
| Profit (loss) for the period before taxes | 9903 | €2,416 | -€115,301 | -€117,717 | |
| Profit (loss) for the period | 9904 | €2,416 | -€115,301 | -€117,717 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,416 | -€115,301 | -€117,717 |
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 21 October 2026 via checked.be.