KP&C: 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.
KP&C
Largest movements
- Cash +€33,882
up €33,882 (+57.1%), from €59,363 to €93,244
mainly Net result for the year (+€62,177) and Other debts (+€21,997)
- Tangible fixed assets -€10,015
down €10,015 (-23.6%), from €42,407 to €32,391
of which Other tangible fixed assets: -€7,139
- Other debts +€21,997
up €21,997 (+24.5%), from €89,689 to €111,685
- Trade debts +€2,106
up €2,106 (+3,940%), from €53 to €2,159
- Gross operating margin +€6,463
up €6,463 (+7.6%), from €84,512 to €90,975
- Taxes +€1,652
up €1,652 (+11.6%), from €14,292 to €15,943
- Depreciation +€977
up €977 (+10.8%), from €9,038 to €10,015
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 | €121,784 | €145,950 | +€24,166 | +19.8% |
| Fixed assets | 21/28 | €43,379 | €33,363 | -€10,015 | -23.1% |
| Tangible fixed assets | 22/27 | €42,407 | €32,391 | -€10,015 | -23.6% |
| Furniture and vehicles | 24 | €6,952 | €4,076 | -€2,877 | -41.4% |
| Other tangible fixed assets | 26 | €35,455 | €28,316 | -€7,139 | -20.1% |
| Financial fixed assets | 28 | €972 | €972 | = | 0.0% |
| Current assets | 29/58 | €78,405 | €112,587 | +€34,182 | +43.6% |
| Amounts receivable within one year | 40/41 | €18,529 | €18,807 | +€278 | +1.5% |
| Trade receivables | 40 | €16,773 | €18,138 | +€1,365 | +8.1% |
| Other amounts receivable | 41 | €1,756 | €668 | -€1,087 | -61.9% |
| Cash at bank and in hand | 54/58 | €59,363 | €93,244 | +€33,882 | +57.1% |
| Deferred charges and accrued income | 490/1 | €514 | €536 | +€22 | +4.3% |
| Total equity and liabilities | 10/49 | €121,784 | €145,950 | +€24,166 | +19.8% |
| Equity | 10/15 | €22,000 | €22,000 | = | 0.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €99,784 | €123,950 | +€24,166 | +24.2% |
| Amounts payable within one year | 42/48 | €99,381 | €123,950 | +€24,569 | +24.7% |
| Trade debts | 44 | €53 | €2,159 | +€2,106 | +3,940% |
| Suppliers | 440/4 | €53 | €2,159 | +€2,106 | +3,940% |
| Taxes, remuneration and social security | 45 | €9,639 | €10,106 | +€467 | +4.8% |
| Taxes | 450/3 | €9,639 | €10,106 | +€467 | +4.8% |
| Other amounts payable | 47/48 | €89,689 | €111,685 | +€21,997 | +24.5% |
| Accrued charges and deferred income | 492/3 | €403 | €0 | -€403 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,038 | €10,015 | +€977 | +10.8% |
| Other operating charges | 640/8 | €982 | €993 | +€11 | +1.1% |
| Gross operating margin | 9900 | €84,512 | €90,975 | +€6,463 | +7.6% |
| Operating profit (loss) | 9901 | €74,492 | €79,967 | +€5,475 | +7.3% |
| Financial income | 75/76B | €159 | €373 | +€214 | +134% |
| Recurring financial income | 75 | €159 | €373 | +€214 | +134% |
| Financial charges | 65/66B | €2,989 | €2,220 | -€769 | -25.7% |
| Recurring financial charges | 65 | €2,989 | €2,220 | -€769 | -25.7% |
| Profit (loss) for the period before taxes | 9903 | €71,663 | €78,121 | +€6,458 | +9.0% |
| Income taxes | 67/77 | €14,292 | €15,943 | +€1,652 | +11.6% |
| Profit (loss) for the period | 9904 | €57,371 | €62,177 | +€4,807 | +8.4% |
| Profit (loss) for the period to be appropriated | 9905 | €57,371 | €62,177 | +€4,807 | +8.4% |
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 20 October 2026 via checked.be.