KoP: 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.
KoP
Largest movements
- Current investments +€100,000
new in 2025: €100,000
- Receivables within one year +€31,655
up €31,655 (+51.3%), from €61,717 to €93,371
of which Trade receivables: +€29,625
- Cash +€28,948
up €28,948 (+21.7%), from €133,592 to €162,539
mainly Net result for the year (+€191,971) and Other debts (+€168,160)
- Tangible fixed assets -€24,704
down €24,704 (-28.9%), from €85,629 to €60,924
of which Furniture and vehicles: -€23,558
- Other debts +€168,160
up €168,160 (+109.5%), from €153,563 to €321,723
- Reserves -€38,029
down €38,029 (-79.8%), from €47,638 to €9,609
of which Distributable reserves: -€38,029
- Tax, wage and social debts +€7,212
up €7,212 (+13.0%), from €55,453 to €62,665
- Trade debts -€5,860
down €5,860 (-54.4%), from €10,774 to €4,914
- Gross operating margin -€21,223
down €21,223 (-7.0%), from €303,921 to €282,699
- Taxes -€8,145
down €8,145 (-12.0%), from €67,608 to €59,463
- Financial charges +€4,125
up €4,125 (+988.6%), from €417 to €4,543
- Depreciation +€3,633
up €3,633 (+16.3%), from €22,352 to €25,985
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 | €286,246 | €420,639 | +€134,393 | +46.9% |
| Fixed assets | 21/28 | €85,879 | €61,174 | -€24,704 | -28.8% |
| Tangible fixed assets | 22/27 | €85,629 | €60,924 | -€24,704 | -28.9% |
| Plant, machinery and equipment | 23 | €5,969 | €4,823 | -€1,146 | -19.2% |
| Furniture and vehicles | 24 | €79,659 | €56,101 | -€23,558 | -29.6% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €200,368 | €359,465 | +€159,097 | +79.4% |
| Amounts receivable within one year | 40/41 | €61,717 | €93,371 | +€31,655 | +51.3% |
| Trade receivables | 40 | €53,210 | €82,834 | +€29,625 | +55.7% |
| Other amounts receivable | 41 | €8,507 | €10,537 | +€2,030 | +23.9% |
| Current investments | 50/53 | - | €100,000 | +€100,000 | |
| Cash at bank and in hand | 54/58 | €133,592 | €162,539 | +€28,948 | +21.7% |
| Deferred charges and accrued income | 490/1 | €5,059 | €3,554 | -€1,505 | -29.8% |
| Total equity and liabilities | 10/49 | €286,246 | €420,639 | +€134,393 | +46.9% |
| Equity | 10/15 | €66,238 | €28,209 | -€38,029 | -57.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €47,638 | €9,609 | -€38,029 | -79.8% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €47,638 | €9,609 | -€38,029 | -79.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €220,008 | €392,430 | +€172,422 | +78.4% |
| Amounts payable within one year | 42/48 | €220,008 | €389,481 | +€169,473 | +77.0% |
| Financial debts | 43 | €217 | €179 | -€38 | -17.5% |
| Credit institutions | 430/8 | €217 | €179 | -€38 | -17.5% |
| Trade debts | 44 | €10,774 | €4,914 | -€5,860 | -54.4% |
| Suppliers | 440/4 | €10,774 | €4,914 | -€5,860 | -54.4% |
| Taxes, remuneration and social security | 45 | €55,453 | €62,665 | +€7,212 | +13.0% |
| Taxes | 450/3 | €55,453 | €62,665 | +€7,212 | +13.0% |
| Other amounts payable | 47/48 | €153,563 | €321,723 | +€168,160 | +109.5% |
| Accrued charges and deferred income | 492/3 | - | €2,949 | +€2,949 | |
| Non-recurring operating income | 76A | €479 | €0 | -€479 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,352 | €25,985 | +€3,633 | +16.3% |
| Other operating charges | 640/8 | €901 | €738 | -€163 | -18.1% |
| Gross operating margin | 9900 | €303,921 | €282,699 | -€21,223 | -7.0% |
| Operating profit (loss) | 9901 | €280,668 | €255,976 | -€24,693 | -8.8% |
| Financial income | 75/76B | €2,813 | €1 | -€2,812 | -100.0% |
| Recurring financial income | 75 | €2,813 | €1 | -€2,812 | -100.0% |
| Financial charges | 65/66B | €417 | €4,543 | +€4,125 | +988.6% |
| Recurring financial charges | 65 | €417 | €4,543 | +€4,125 | +988.6% |
| Profit (loss) for the period before taxes | 9903 | €283,064 | €251,434 | -€31,630 | -11.2% |
| Income taxes | 67/77 | €67,608 | €59,463 | -€8,145 | -12.0% |
| Profit (loss) for the period | 9904 | €215,456 | €191,971 | -€23,485 | -10.9% |
| Profit (loss) for the period to be appropriated | 9905 | €215,456 | €191,971 | -€23,485 | -10.9% |
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 10 October 2026 via checked.be.