KOPGROEP: what changed
Two fiscal 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.
KOPGROEP
Largest movements
- Cash -€15,668
down €15,668 (-20.5%), from €76,347 to €60,679
mainly Net result for the year (-€18,811) and Deferred charges and accrued income (-€7,511)
- Deferred charges and accrued income +€7,511
up €7,511 (+537.6%), from €1,397 to €8,908
- Receivables within one year -€3,945
down €3,945 (-47.2%), from €8,365 to €4,420
of which Other amounts receivable: -€2,916
- Receivables after one year -€3,221
down €3,221 (-25.6%), from €12,584 to €9,363
- Tangible fixed assets -€1,716
down €1,716 (-31.5%), from €5,455 to €3,738
of which Furniture and vehicles: -€1,418
- Profit (loss) carried forward -€18,811
down €18,811 (-251.4%), from -€7,481 to -€26,292
- Other debts +€1,474
up €1,474 (+14751.0%), from €10 to €1,484
- Gross operating margin -€6,745
down €6,745 (-74.5%), from -€9,057 to -€15,802
- Financial charges -€396
down €396 (-19.2%), from €2,067 to €1,671
- Financial income -€240
down €240 (-20.6%), from €1,165 to €925
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 | €104,147 | €87,109 | -€17,039 | -16.4% |
| Fixed assets | 21/28 | €5,455 | €3,738 | -€1,716 | -31.5% |
| Tangible fixed assets | 22/27 | €5,455 | €3,738 | -€1,716 | -31.5% |
| Furniture and vehicles | 24 | €2,986 | €1,568 | -€1,418 | -47.5% |
| Other tangible fixed assets | 26 | €2,469 | €2,170 | -€299 | -12.1% |
| Current assets | 29/58 | €98,693 | €83,370 | -€15,322 | -15.5% |
| Amounts receivable after more than one year | 29 | €12,584 | €9,363 | -€3,221 | -25.6% |
| Other amounts receivable | 291 | €12,584 | €9,363 | -€3,221 | -25.6% |
| Amounts receivable within one year | 40/41 | €8,365 | €4,420 | -€3,945 | -47.2% |
| Trade receivables | 40 | €1,706 | €678 | -€1,029 | -60.3% |
| Other amounts receivable | 41 | €6,659 | €3,743 | -€2,916 | -43.8% |
| Cash at bank and in hand | 54/58 | €76,347 | €60,679 | -€15,668 | -20.5% |
| Deferred charges and accrued income | 490/1 | €1,397 | €8,908 | +€7,511 | +537.6% |
| Total equity and liabilities | 10/49 | €104,147 | €87,109 | -€17,039 | -16.4% |
| Equity | 10/15 | €103,808 | €84,997 | -€18,811 | -18.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €98,889 | €98,889 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €97,029 | €97,029 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,481 | -€26,292 | -€18,811 | -251.4% |
| Amounts payable | 17/49 | €339 | €2,111 | +€1,772 | +522.8% |
| Amounts payable within one year | 42/48 | €216 | €2,038 | +€1,822 | +842.0% |
| Trade debts | 44 | €201 | €516 | +€315 | +157.0% |
| Suppliers | 440/4 | €201 | €516 | +€315 | +157.0% |
| Taxes, remuneration and social security | 45 | €6 | €39 | +€33 | +572.9% |
| Taxes | 450/3 | €6 | €39 | +€33 | +572.9% |
| Other amounts payable | 47/48 | €10 | €1,484 | +€1,474 | +14751.0% |
| Accrued charges and deferred income | 492/3 | €123 | €73 | -€49 | -40.3% |
| Non-recurring operating income | 76A | €12,617 | - | -€12,617 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,837 | €1,716 | -€120 | -6.6% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Non-recurring operating charges | 66A | €5,836 | - | -€5,836 | |
| Gross operating margin | 9900 | -€9,057 | -€15,802 | -€6,745 | -74.5% |
| Operating profit (loss) | 9901 | -€17,117 | -€17,918 | -€801 | -4.7% |
| Financial income | 75/76B | €1,165 | €925 | -€240 | -20.6% |
| Recurring financial income | 75 | €1,165 | €925 | -€240 | -20.6% |
| Financial charges | 65/66B | €2,067 | €1,671 | -€396 | -19.2% |
| Recurring financial charges | 65 | €2,067 | €1,671 | -€396 | -19.2% |
| Profit (loss) for the period before taxes | 9903 | -€18,020 | -€18,665 | -€645 | -3.6% |
| Income taxes | 67/77 | €154 | €146 | -€8 | -5.1% |
| Profit (loss) for the period | 9904 | -€18,174 | -€18,811 | -€637 | -3.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,174 | -€18,811 | -€637 | -3.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.