KP FINANCE: 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 FINANCE
Largest movements
- Receivables within one year +€18,603
up €18,603 (+85.8%), from €21,693 to €40,296
- Tangible fixed assets -€8,333
down €8,333 (-48.0%), from €17,373 to €9,039
- Deferred charges and accrued income -€2,539
down €2,539 (-96.2%), from €2,641 to €101
- Cash +€1,229
up €1,229 (+30.5%), from €4,028 to €5,256
mainly Net result for the year (+€15,272) and Depreciation (+€8,333)
- Reserves +€15,272
up €15,272 (+118.6%), from €12,874 to €28,146
- Debts after one year -€8,678
down €8,678 (-85.4%), from €10,166 to €1,489
- Trade debts +€1,945
up €1,945 (+580.7%), from €335 to €2,280
- Gross operating margin +€2,414
up €2,414 (+8.3%), from €29,173 to €31,587
- Financial income +€1,350
new in 2025: €1,350
- Other operating charges -€1,000
down €1,000 (-56.4%), from €1,774 to €774
- Taxes +€891
up €891 (+16.0%), from €5,575 to €6,466
- Financial charges +€768
up €768 (+58.1%), from €1,323 to €2,091
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 | €48,233 | €57,193 | +€8,959 | +18.6% |
| Fixed assets | 21/28 | €19,873 | €11,539 | -€8,333 | -41.9% |
| Tangible fixed assets | 22/27 | €17,373 | €9,039 | -€8,333 | -48.0% |
| Furniture and vehicles | 24 | €17,373 | €9,039 | -€8,333 | -48.0% |
| Financial fixed assets | 28 | €2,500 | €2,500 | = | 0.0% |
| Current assets | 29/58 | €28,361 | €45,654 | +€17,293 | +61.0% |
| Amounts receivable within one year | 40/41 | €21,693 | €40,296 | +€18,603 | +85.8% |
| Other amounts receivable | 41 | €21,693 | €40,296 | +€18,603 | +85.8% |
| Cash at bank and in hand | 54/58 | €4,028 | €5,256 | +€1,229 | +30.5% |
| Deferred charges and accrued income | 490/1 | €2,641 | €101 | -€2,539 | -96.2% |
| Total equity and liabilities | 10/49 | €48,233 | €57,193 | +€8,959 | +18.6% |
| Equity | 10/15 | €15,374 | €30,646 | +€15,272 | +99.3% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €12,874 | €28,146 | +€15,272 | +118.6% |
| Distributable reserves | 133 | €12,874 | €28,146 | +€15,272 | +118.6% |
| Amounts payable | 17/49 | €32,859 | €26,547 | -€6,313 | -19.2% |
| Amounts payable after more than one year | 17 | €10,166 | €1,489 | -€8,678 | -85.4% |
| Financial debts | 170/4 | €10,166 | €1,489 | -€8,678 | -85.4% |
| Amounts payable within one year | 42/48 | €22,693 | €25,058 | +€2,365 | +10.4% |
| Current portion of amounts payable after more than one year | 42 | €8,258 | €8,678 | +€420 | +5.1% |
| Financial debts | 43 | €10,000 | €10,000 | = | 0.0% |
| Credit institutions | 430/8 | €10,000 | €10,000 | = | 0.0% |
| Trade debts | 44 | €335 | €2,280 | +€1,945 | +580.7% |
| Suppliers | 440/4 | €335 | €2,280 | +€1,945 | +580.7% |
| Taxes, remuneration and social security | 45 | €1,600 | €1,600 | = | 0.0% |
| Taxes | 450/3 | €1,600 | €1,600 | = | 0.0% |
| Other amounts payable | 47/48 | €2,500 | €2,500 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,628 | €8,333 | +€706 | +9.3% |
| Other operating charges | 640/8 | €1,774 | €774 | -€1,000 | -56.4% |
| Gross operating margin | 9900 | €29,173 | €31,587 | +€2,414 | +8.3% |
| Operating profit (loss) | 9901 | €19,771 | €22,479 | +€2,708 | +13.7% |
| Financial income | 75/76B | - | €1,350 | +€1,350 | |
| Recurring financial income | 75 | - | €1,350 | +€1,350 | |
| Financial charges | 65/66B | €1,323 | €2,091 | +€768 | +58.1% |
| Recurring financial charges | 65 | €1,323 | €2,091 | +€768 | +58.1% |
| Profit (loss) for the period before taxes | 9903 | €18,449 | €21,738 | +€3,289 | +17.8% |
| Income taxes | 67/77 | €5,575 | €6,466 | +€891 | +16.0% |
| Profit (loss) for the period | 9904 | €12,874 | €15,272 | +€2,398 | +18.6% |
| Profit (loss) for the period to be appropriated | 9905 | €12,874 | €15,272 | +€2,398 | +18.6% |
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 9 October 2026 via checked.be.