KP: 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.
KP
Largest movements
- Cash +€7,258
up €7,258 (+60.9%), from €11,922 to €19,180
mainly Stocks and contracts (+€6,350) and Net result for the year (+€5,170)
- Stocks and contracts -€6,350
down €6,350 (-65.9%), from €9,637 to €3,287
- Tangible fixed assets -€3,527
down €3,527 (-21.8%), from €16,200 to €12,673
of which Furniture and vehicles: -€2,291
- Receivables within one year +€1,070
up €1,070 (+97.6%), from €1,096 to €2,167
of which Other amounts receivable: +€536
- Deferred charges and accrued income +€401
new in 2025: €401
- Tax, wage and social debts -€6,548
down €6,548 (-38.0%), from €17,229 to €10,682
of which Remuneration and social security: -€11,164
- Profit (loss) carried forward +€5,170
up €5,170 (+65.8%), from -€7,858 to -€2,688
- Trade debts +€2,241
up €2,241 (+22.1%), from €10,159 to €12,400
- Debts after one year -€2,167
no longer reported in 2025 (was €2,167)
- Other debts +€1,725
up €1,725 (+50.4%), from €3,422 to €5,147
- Gross operating margin +€9,943
up €9,943 (+16.4%), from €60,513 to €70,456
- Other operating charges +€4,129
up €4,129 (+161.8%), from €2,552 to €6,681
- Staff costs -€3,519
down €3,519 (-6.5%), from €54,221 to €50,701
- Taxes +€3,063
up €3,063 (+1914.5%), from €160 to €3,223
- Depreciation +€1,802
up €1,802 (+73.6%), from €2,449 to €4,252
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 | €38,855 | €37,708 | -€1,147 | -3.0% |
| Fixed assets | 21/28 | €16,200 | €12,673 | -€3,527 | -21.8% |
| Tangible fixed assets | 22/27 | €16,200 | €12,673 | -€3,527 | -21.8% |
| Plant, machinery and equipment | 23 | €10,363 | €9,127 | -€1,236 | -11.9% |
| Furniture and vehicles | 24 | €5,837 | €3,546 | -€2,291 | -39.2% |
| Current assets | 29/58 | €22,655 | €25,035 | +€2,379 | +10.5% |
| Stocks and contracts in progress | 3 | €9,637 | €3,287 | -€6,350 | -65.9% |
| Stocks | 30/36 | €9,637 | €3,287 | -€6,350 | -65.9% |
| Amounts receivable within one year | 40/41 | €1,096 | €2,167 | +€1,070 | +97.6% |
| Trade receivables | 40 | €92 | €627 | +€535 | +581.3% |
| Other amounts receivable | 41 | €1,004 | €1,540 | +€536 | +53.3% |
| Cash at bank and in hand | 54/58 | €11,922 | €19,180 | +€7,258 | +60.9% |
| Deferred charges and accrued income | 490/1 | - | €401 | +€401 | |
| Total equity and liabilities | 10/49 | €38,855 | €37,708 | -€1,147 | -3.0% |
| Equity | 10/15 | €2,142 | €7,312 | +€5,170 | +241.4% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,858 | -€2,688 | +€5,170 | +65.8% |
| Amounts payable | 17/49 | €36,713 | €30,396 | -€6,318 | -17.2% |
| Amounts payable after more than one year | 17 | €2,167 | - | -€2,167 | |
| Financial debts | 170/4 | €2,167 | - | -€2,167 | |
| Amounts payable within one year | 42/48 | €34,547 | €30,396 | -€4,151 | -12.0% |
| Current portion of amounts payable after more than one year | 42 | €3,736 | €2,167 | -€1,569 | -42.0% |
| Trade debts | 44 | €10,159 | €12,400 | +€2,241 | +22.1% |
| Suppliers | 440/4 | €10,159 | €12,400 | +€2,241 | +22.1% |
| Taxes, remuneration and social security | 45 | €17,229 | €10,682 | -€6,548 | -38.0% |
| Taxes | 450/3 | €2,679 | €7,296 | +€4,617 | +172.3% |
| Remuneration and social security | 454/9 | €14,550 | €3,386 | -€11,164 | -76.7% |
| Other amounts payable | 47/48 | €3,422 | €5,147 | +€1,725 | +50.4% |
| Remuneration, social security and pensions | 62 | €54,221 | €50,701 | -€3,519 | -6.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,449 | €4,252 | +€1,802 | +73.6% |
| Other operating charges | 640/8 | €2,552 | €6,681 | +€4,129 | +161.8% |
| Non-recurring operating charges | 66A | €6,478 | - | -€6,478 | |
| Gross operating margin | 9900 | €60,513 | €70,456 | +€9,943 | +16.4% |
| Operating profit (loss) | 9901 | -€5,187 | €8,822 | +€14,009 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €607 | €428 | -€178 | -29.4% |
| Recurring financial charges | 65 | €607 | €428 | -€178 | -29.4% |
| Profit (loss) for the period before taxes | 9903 | -€5,794 | €8,394 | +€14,188 | |
| Income taxes | 67/77 | €160 | €3,223 | +€3,063 | +1914.5% |
| Profit (loss) for the period | 9904 | -€5,954 | €5,170 | +€11,124 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,954 | €5,170 | +€11,124 |
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 5 October 2026 via checked.be.