KP RENOVATION: what changed
KP RENOVATION
Largest movements
- Cash +€11,071
up €11,071 (+348%), from €3,178 to €14,248
mainly Stocks and contracts (+€10,996) and Net result for the year (+€2,764)
- Stocks and contracts -€10,996
no longer reported in 2025 (was €10,996)
of which Contracts in progress: -€10,600
- Tangible fixed assets -€1,154
down €1,154 (-11.4%), from €10,094 to €8,939
of which Land and buildings: -€1,406
- Receivables within one year -€921
no longer reported in 2025 (was €921)
- Deferred charges and accrued income +€501
up €501 (+80.6%), from €621 to €1,122
- Debts after one year -€3,778
down €3,778 (-39.0%), from €9,676 to €5,898
- Profit (loss) carried forward +€2,764
up €2,764 (+19.8%), from -€13,959 to -€11,195
- Current portion of long-term debt -€786
down €786 (-17.2%), from €4,564 to €3,778
- Trade debts +€560
up €560 (+35.4%), from €1,582 to €2,142
- Tax, wage and social debts -€484
down €484 (-14.0%), from €3,450 to €2,966
- Gross operating margin +€5,118
up €5,118 (+353%), from €1,450 to €6,568
- Taxes -€1,714
down €1,714 (-43.8%), from €3,913 to €2,199
- Depreciation +€571
up €571 (+32.9%), from €1,736 to €2,307
- Financial charges +€401
up €401 (+65.5%), from €611 to €1,012
- Other operating charges +€273
up €273 (+61.6%), from €442 to €715
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €25,809 | €24,310 | -€1,500 | -5.8% |
| Fixed assets | 21/28 | €10,094 | €8,939 | -€1,154 | -11.4% |
| Tangible fixed assets | 22/27 | €10,094 | €8,939 | -€1,154 | -11.4% |
| Land and buildings | 22 | €8,682 | €7,276 | -€1,406 | -16.2% |
| Plant, machinery and equipment | 23 | €140 | - | -€140 | |
| Furniture and vehicles | 24 | €1,272 | €1,664 | +€392 | +30.8% |
| Current assets | 29/58 | €15,716 | €15,370 | -€345 | -2.2% |
| Stocks and contracts in progress | 3 | €10,996 | - | -€10,996 | |
| Stocks | 30/36 | €396 | - | -€396 | |
| Contracts in progress | 37 | €10,600 | - | -€10,600 | |
| Amounts receivable within one year | 40/41 | €921 | - | -€921 | |
| Other amounts receivable | 41 | €921 | - | -€921 | |
| Cash at bank and in hand | 54/58 | €3,178 | €14,248 | +€11,071 | +348% |
| Deferred charges and accrued income | 490/1 | €621 | €1,122 | +€501 | +80.6% |
| Total equity and liabilities | 10/49 | €25,809 | €24,310 | -€1,500 | -5.8% |
| Equity | 10/15 | €6,501 | €9,265 | +€2,764 | +42.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 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% |
| Profit (loss) carried forward | 14 | -€13,959 | -€11,195 | +€2,764 | +19.8% |
| Amounts payable | 17/49 | €19,308 | €15,045 | -€4,263 | -22.1% |
| Amounts payable after more than one year | 17 | €9,676 | €5,898 | -€3,778 | -39.0% |
| Financial debts | 170/4 | €9,676 | €5,898 | -€3,778 | -39.0% |
| Amounts payable within one year | 42/48 | €9,632 | €9,147 | -€486 | -5.0% |
| Current portion of amounts payable after more than one year | 42 | €4,564 | €3,778 | -€786 | -17.2% |
| Trade debts | 44 | €1,582 | €2,142 | +€560 | +35.4% |
| Suppliers | 440/4 | €1,582 | €2,142 | +€560 | +35.4% |
| Taxes, remuneration and social security | 45 | €3,450 | €2,966 | -€484 | -14.0% |
| Taxes | 450/3 | €3,450 | €2,966 | -€484 | -14.0% |
| Other amounts payable | 47/48 | €36 | €261 | +€225 | +617% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,736 | €2,307 | +€571 | +32.9% |
| Other operating charges | 640/8 | €442 | €715 | +€273 | +61.6% |
| Gross operating margin | 9900 | €1,450 | €6,568 | +€5,118 | +353% |
| Operating profit (loss) | 9901 | -€728 | €3,547 | +€4,274 | |
| Financial income | 75/76B | €2,415 | €2,428 | +€14 | +0.6% |
| Recurring financial income | 75 | €0 | €2,428 | +€2,428 | +758,741% |
| Non-recurring financial income | 76B | €2,414 | €2,428 | +€14 | +0.6% |
| Financial charges | 65/66B | €611 | €1,012 | +€401 | +65.5% |
| Recurring financial charges | 65 | €611 | €1,012 | +€401 | +65.5% |
| Profit (loss) for the period before taxes | 9903 | €1,076 | €4,963 | +€3,887 | +361% |
| Income taxes | 67/77 | €3,913 | €2,199 | -€1,714 | -43.8% |
| Profit (loss) for the period | 9904 | -€2,838 | €2,764 | +€5,601 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,838 | €2,764 | +€5,601 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.