KPB MANAGEMENT: 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.
KPB MANAGEMENT
Largest movements
- Tangible fixed assets +€25,505
up €25,505 (+425%), from €5,996 to €31,502
of which Furniture and vehicles: +€25,848
- Cash -€4,038
down €4,038 (-13.4%), from €30,167 to €26,129
mainly Contributions, distributions and other (-€59,776) and Investment in fixed assets (net) (-€29,020)
- Receivables within one year -€1,128
down €1,128 (-7.4%), from €15,247 to €14,119
of which Other amounts receivable: -€1,128
- Other debts +€15,049
up €15,049 (+40.2%), from €37,439 to €52,488
- Tax, wage and social debts +€5,240
up €5,240 (+39.1%), from €13,398 to €18,637
of which Taxes: +€5,080
- Gross operating margin +€18,721
up €18,721 (+30.6%), from €61,094 to €79,815
- Taxes +€3,568
up €3,568 (+30.0%), from €11,882 to €15,450
- Depreciation -€2,328
down €2,328 (-39.8%), from €5,843 to €3,515
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 | €53,090 | €73,248 | +€20,158 | +38.0% |
| Fixed assets | 21/28 | €5,996 | €31,502 | +€25,505 | +425% |
| Tangible fixed assets | 22/27 | €5,996 | €31,502 | +€25,505 | +425% |
| Plant, machinery and equipment | 23 | €964 | €621 | -€343 | -35.6% |
| Furniture and vehicles | 24 | €5,033 | €30,881 | +€25,848 | +514% |
| Current assets | 29/58 | €47,094 | €41,746 | -€5,347 | -11.4% |
| Amounts receivable within one year | 40/41 | €15,247 | €14,119 | -€1,128 | -7.4% |
| Trade receivables | 40 | €14,109 | €14,109 | = | 0.0% |
| Other amounts receivable | 41 | €1,138 | €10 | -€1,128 | -99.1% |
| Cash at bank and in hand | 54/58 | €30,167 | €26,129 | -€4,038 | -13.4% |
| Deferred charges and accrued income | 490/1 | €1,680 | €1,499 | -€181 | -10.8% |
| Total equity and liabilities | 10/49 | €53,090 | €73,248 | +€20,158 | +38.0% |
| Equity | 10/15 | €1,500 | €1,500 | = | 0.0% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Amounts payable | 17/49 | €51,590 | €71,748 | +€20,158 | +39.1% |
| Amounts payable within one year | 42/48 | €51,590 | €71,748 | +€20,158 | +39.1% |
| Trade debts | 44 | €753 | €623 | -€130 | -17.3% |
| Suppliers | 440/4 | €753 | €623 | -€130 | -17.3% |
| Taxes, remuneration and social security | 45 | €13,398 | €18,637 | +€5,240 | +39.1% |
| Taxes | 450/3 | €13,398 | €18,477 | +€5,080 | +37.9% |
| Remuneration and social security | 454/9 | - | €160 | +€160 | |
| Other amounts payable | 47/48 | €37,439 | €52,488 | +€15,049 | +40.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,843 | €3,515 | -€2,328 | -39.8% |
| Other operating charges | 640/8 | €899 | €1,007 | +€107 | +11.9% |
| Gross operating margin | 9900 | €61,094 | €79,815 | +€18,721 | +30.6% |
| Operating profit (loss) | 9901 | €54,352 | €75,294 | +€20,942 | +38.5% |
| Financial income | 75/76B | €0 | €0 | = | 0.0% |
| Recurring financial income | 75 | €0 | €0 | = | 0.0% |
| Financial charges | 65/66B | €75 | €67 | -€8 | -10.1% |
| Recurring financial charges | 65 | €75 | €67 | -€8 | -10.1% |
| Profit (loss) for the period before taxes | 9903 | €54,277 | €75,226 | +€20,949 | +38.6% |
| Income taxes | 67/77 | €11,882 | €15,450 | +€3,568 | +30.0% |
| Profit (loss) for the period | 9904 | €42,395 | €59,776 | +€17,381 | +41.0% |
| Profit (loss) for the period to be appropriated | 9905 | €42,395 | €59,776 | +€17,381 | +41.0% |
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 21 October 2026 via checked.be.