KP Group: 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 Group
Largest movements
- Cash +€65,457
up €65,457 (+60.4%), from €108,386 to €173,843
mainly Net result for the year (+€158,344) and Other debts (+€81,934)
- Receivables within one year +€51,294
up €51,294 (+98.0%), from €52,332 to €103,626
of which Trade receivables: +€52,491
- Tangible fixed assets -€8,258
down €8,258 (-27.5%), from €30,020 to €21,762
- Other debts +€81,934
up €81,934 (+79.7%), from €102,824 to €184,758
- Tax, wage and social debts +€23,882
up €23,882 (+200%), from €11,954 to €35,835
of which Taxes: +€14,678
- Profit (loss) carried forward +€18,344
up €18,344 (+114%), from €16,154 to €34,499
- Current portion of long-term debt -€5,841
down €5,841 (-51.8%), from €11,284 to €5,444
- Trade debts -€5,636
down €5,636 (-16.7%), from €33,833 to €28,198
- Gross operating margin +€174,680
up €174,680 (+81.9%), from €213,313 to €387,993
- Staff costs +€79,881
up €79,881 (+94.6%), from €84,417 to €164,298
- Taxes +€24,805
up €24,805 (+82.8%), from €29,946 to €54,751
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 | €194,017 | €304,289 | +€110,273 | +56.8% |
| Fixed assets | 21/28 | €30,020 | €23,262 | -€6,758 | -22.5% |
| Tangible fixed assets | 22/27 | €30,020 | €21,762 | -€8,258 | -27.5% |
| Furniture and vehicles | 24 | €30,020 | €21,762 | -€8,258 | -27.5% |
| Financial fixed assets | 28 | - | €1,500 | +€1,500 | |
| Current assets | 29/58 | €163,997 | €281,027 | +€117,030 | +71.4% |
| Amounts receivable within one year | 40/41 | €52,332 | €103,626 | +€51,294 | +98.0% |
| Trade receivables | 40 | €50,931 | €103,422 | +€52,491 | +103% |
| Other amounts receivable | 41 | €1,401 | €203 | -€1,198 | -85.5% |
| Cash at bank and in hand | 54/58 | €108,386 | €173,843 | +€65,457 | +60.4% |
| Deferred charges and accrued income | 490/1 | €3,279 | €3,559 | +€280 | +8.5% |
| Total equity and liabilities | 10/49 | €194,017 | €304,289 | +€110,273 | +56.8% |
| Equity | 10/15 | €19,154 | €37,499 | +€18,344 | +95.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,154 | €34,499 | +€18,344 | +114% |
| Amounts payable | 17/49 | €174,863 | €266,791 | +€91,928 | +52.6% |
| Amounts payable after more than one year | 17 | €14,145 | €8,701 | -€5,444 | -38.5% |
| Financial debts | 170/4 | €14,145 | €8,701 | -€5,444 | -38.5% |
| Amounts payable within one year | 42/48 | €160,718 | €258,090 | +€97,372 | +60.6% |
| Current portion of amounts payable after more than one year | 42 | €11,284 | €5,444 | -€5,841 | -51.8% |
| Financial debts | 43 | €823 | €3,855 | +€3,032 | +369% |
| Credit institutions | 430/8 | €823 | €3,855 | +€3,032 | +369% |
| Trade debts | 44 | €33,833 | €28,198 | -€5,636 | -16.7% |
| Suppliers | 440/4 | €33,833 | €28,198 | -€5,636 | -16.7% |
| Taxes, remuneration and social security | 45 | €11,954 | €35,835 | +€23,882 | +200% |
| Taxes | 450/3 | €8,241 | €22,919 | +€14,678 | +178% |
| Remuneration and social security | 454/9 | €3,713 | €12,917 | +€9,203 | +248% |
| Other amounts payable | 47/48 | €102,824 | €184,758 | +€81,934 | +79.7% |
| Remuneration, social security and pensions | 62 | €84,417 | €164,298 | +€79,881 | +94.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,591 | €8,258 | -€333 | -3.9% |
| Gross operating margin | 9900 | €213,313 | €387,993 | +€174,680 | +81.9% |
| Operating profit (loss) | 9901 | €120,305 | €215,437 | +€95,132 | +79.1% |
| Financial income | 75/76B | €8 | €9 | +€1 | +10.3% |
| Recurring financial income | 75 | €8 | €9 | +€1 | +10.3% |
| Financial charges | 65/66B | €4,097 | €2,351 | -€1,746 | -42.6% |
| Recurring financial charges | 65 | €4,097 | €2,351 | -€1,746 | -42.6% |
| Profit (loss) for the period before taxes | 9903 | €116,217 | €213,096 | +€96,879 | +83.4% |
| Income taxes | 67/77 | €29,946 | €54,751 | +€24,805 | +82.8% |
| Profit (loss) for the period | 9904 | €86,270 | €158,344 | +€72,074 | +83.5% |
| Profit (loss) for the period to be appropriated | 9905 | €86,270 | €158,344 | +€72,074 | +83.5% |
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 14 October 2026 via checked.be.