KMPN: 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.
KMPN
Largest movements
- Tangible fixed assets -€14,293
down €14,293 (-18.1%), from €79,074 to €64,781
of which Furniture and vehicles: -€7,434
- Cash +€13,463
up €13,463 (+23.3%), from €57,731 to €71,193
mainly Net result for the year (+€62,577) and Other debts (+€29,612)
- Receivables within one year -€13,216
down €13,216 (-34.9%), from €37,851 to €24,635
of which Other amounts receivable: -€12,240
- Reserves -€48,737
down €48,737 (-22.9%), from €212,570 to €163,834
- Other debts +€29,612
up €29,612 (+5027.5%), from €589 to €30,201
- Contributions +€6,200
up €6,200 (+50.0%), from €12,400 to €18,600
- Tax, wage and social debts +€5,391
up €5,391 (+43.4%), from €12,409 to €17,800
- Debts after one year -€4,989
down €4,989 (-100.0%), from €4,989 to €0
- Gross operating margin -€15,820
down €15,820 (-12.5%), from €126,331 to €110,511
- Taxes -€4,708
down €4,708 (-15.9%), from €29,627 to €24,918
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.
Cash bridge derived
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 | €251,220 | €237,206 | -€14,014 | -5.6% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €79,074 | €64,781 | -€14,293 | -18.1% |
| Tangible fixed assets | 22/27 | €79,074 | €64,781 | -€14,293 | -18.1% |
| Furniture and vehicles | 24 | €25,482 | €18,048 | -€7,434 | -29.2% |
| Other tangible fixed assets | 26 | €53,592 | €46,733 | -€6,859 | -12.8% |
| Current assets | 29/58 | €172,146 | €172,425 | +€279 | +0.2% |
| Amounts receivable within one year | 40/41 | €37,851 | €24,635 | -€13,216 | -34.9% |
| Trade receivables | 40 | €20,529 | €19,554 | -€975 | -4.8% |
| Other amounts receivable | 41 | €17,322 | €5,082 | -€12,240 | -70.7% |
| Current investments | 50/53 | €75,000 | €75,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €57,731 | €71,193 | +€13,463 | +23.3% |
| Deferred charges and accrued income | 490/1 | €1,564 | €1,596 | +€32 | +2.1% |
| Total equity and liabilities | 10/49 | €251,220 | €237,206 | -€14,014 | -5.6% |
| Equity | 10/15 | €224,970 | €182,434 | -€42,537 | -18.9% |
| Contributions | 10/11 | €12,400 | €18,600 | +€6,200 | +50.0% |
| Reserves | 13 | €212,570 | €163,834 | -€48,737 | -22.9% |
| Distributable reserves | 133 | €212,570 | €163,834 | -€48,737 | -22.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €26,250 | €54,772 | +€28,522 | +108.7% |
| Amounts payable after more than one year | 17 | €4,989 | €0 | -€4,989 | -100.0% |
| Financial debts | 170/4 | €4,989 | €0 | -€4,989 | -100.0% |
| Amounts payable within one year | 42/48 | €21,261 | €54,772 | +€33,511 | +157.6% |
| Current portion of amounts payable after more than one year | 42 | €6,591 | €4,989 | -€1,602 | -24.3% |
| Trade debts | 44 | €1,672 | €1,782 | +€110 | +6.6% |
| Suppliers | 440/4 | €1,672 | €1,782 | +€110 | +6.6% |
| Taxes, remuneration and social security | 45 | €12,409 | €17,800 | +€5,391 | +43.4% |
| Taxes | 450/3 | €12,409 | €17,800 | +€5,391 | +43.4% |
| Other amounts payable | 47/48 | €589 | €30,201 | +€29,612 | +5027.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,370 | €20,520 | +€149 | +0.7% |
| Other operating charges | 640/8 | €2,386 | €2,298 | -€88 | -3.7% |
| Gross operating margin | 9900 | €126,331 | €110,511 | -€15,820 | -12.5% |
| Operating profit (loss) | 9901 | €103,575 | €87,694 | -€15,882 | -15.3% |
| Financial income | 75/76B | €454 | €165 | -€288 | -63.6% |
| Recurring financial income | 75 | €454 | €0 | -€454 | -100.0% |
| Non-recurring financial income | 76B | - | €165 | +€165 | |
| Financial charges | 65/66B | €381 | €363 | -€18 | -4.7% |
| Recurring financial charges | 65 | €381 | €363 | -€18 | -4.7% |
| Profit (loss) for the period before taxes | 9903 | €103,647 | €87,496 | -€16,152 | -15.6% |
| Income taxes | 67/77 | €29,627 | €24,918 | -€4,708 | -15.9% |
| Profit (loss) for the period | 9904 | €74,021 | €62,577 | -€11,443 | -15.5% |
| Profit (loss) for the period to be appropriated | 9905 | €74,021 | €62,577 | -€11,443 | -15.5% |
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 11 October 2026 via checked.be.