KPL: 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.
KPL
Largest movements
- Tangible fixed assets -€7,262
down €7,262 (-30.8%), from €23,592 to €16,330
of which Furniture and vehicles: -€4,186
- Cash +€4,391
up €4,391 (+71.2%), from €6,167 to €10,558
mainly Tax, wage and social debts (+€14,424) and Depreciation (+€7,262)
- Receivables within one year +€4,127
up €4,127 (+886.1%), from €466 to €4,593
of which Trade receivables: +€4,288
- Stocks and contracts -€1,346
down €1,346 (-17.6%), from €7,628 to €6,282
- Tax, wage and social debts +€14,424
up €14,424 (+176.3%), from €8,180 to €22,603
of which Remuneration and social security: +€13,823
- Profit (loss) carried forward -€11,315
down €11,315 (-24.6%), from -€46,081 to -€57,396
- Accrued charges and deferred income -€4,250
down €4,250 (-100.0%), from €4,250 to €0
- Other debts +€836
up €836 (+1.2%), from €69,721 to €70,557
- Purchases and services -€22,384
down €22,384 (-24.1%), from €92,849 to €70,465
- Gross operating margin +€6,014
up €6,014 (+74.2%), from -€8,100 to -€2,086
- Staff costs -€952
down €952 (-43.9%), from €2,167 to €1,215
- Depreciation -€117
down €117 (-1.6%), from €7,380 to €7,262
- Other operating charges -€103
down €103 (-13.0%), from €791 to €688
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 | €38,817 | €38,420 | -€397 | -1.0% |
| Fixed assets | 21/28 | €24,034 | €16,772 | -€7,262 | -30.2% |
| Tangible fixed assets | 22/27 | €23,592 | €16,330 | -€7,262 | -30.8% |
| Plant, machinery and equipment | 23 | €1,260 | €801 | -€459 | -36.4% |
| Furniture and vehicles | 24 | €10,305 | €6,119 | -€4,186 | -40.6% |
| Other tangible fixed assets | 26 | €12,027 | €9,409 | -€2,617 | -21.8% |
| Financial fixed assets | 28 | €442 | €442 | = | 0.0% |
| Current assets | 29/58 | €14,783 | €21,649 | +€6,866 | +46.4% |
| Stocks and contracts in progress | 3 | €7,628 | €6,282 | -€1,346 | -17.6% |
| Stocks | 30/36 | €7,628 | €6,282 | -€1,346 | -17.6% |
| Amounts receivable within one year | 40/41 | €466 | €4,593 | +€4,127 | +886.1% |
| Trade receivables | 40 | €208 | €4,496 | +€4,288 | +2061.9% |
| Other amounts receivable | 41 | €258 | €97 | -€161 | -62.3% |
| Cash at bank and in hand | 54/58 | €6,167 | €10,558 | +€4,391 | +71.2% |
| Deferred charges and accrued income | 490/1 | €522 | €215 | -€307 | -58.8% |
| Total equity and liabilities | 10/49 | €38,817 | €38,420 | -€397 | -1.0% |
| Equity | 10/15 | -€44,581 | -€55,896 | -€11,315 | -25.4% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€46,081 | -€57,396 | -€11,315 | -24.6% |
| Amounts payable | 17/49 | €83,398 | €94,317 | +€10,918 | +13.1% |
| Amounts payable within one year | 42/48 | €79,148 | €94,317 | +€15,168 | +19.2% |
| Trade debts | 44 | €1,248 | €1,156 | -€91 | -7.3% |
| Suppliers | 440/4 | €1,248 | €1,156 | -€91 | -7.3% |
| Taxes, remuneration and social security | 45 | €8,180 | €22,603 | +€14,424 | +176.3% |
| Taxes | 450/3 | €1,562 | €2,163 | +€601 | +38.5% |
| Remuneration and social security | 454/9 | €6,618 | €20,440 | +€13,823 | +208.9% |
| Other amounts payable | 47/48 | €69,721 | €70,557 | +€836 | +1.2% |
| Accrued charges and deferred income | 492/3 | €4,250 | €0 | -€4,250 | -100.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €92,849 | €70,465 | -€22,384 | -24.1% |
| Remuneration, social security and pensions | 62 | €2,167 | €1,215 | -€952 | -43.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,380 | €7,262 | -€117 | -1.6% |
| Other operating charges | 640/8 | €791 | €688 | -€103 | -13.0% |
| Gross operating margin | 9900 | -€8,100 | -€2,086 | +€6,014 | +74.2% |
| Operating profit (loss) | 9901 | -€18,438 | -€11,252 | +€7,185 | +39.0% |
| Financial income | 75/76B | - | €6 | +€6 | |
| Recurring financial income | 75 | - | €6 | +€6 | |
| Financial charges | 65/66B | €39 | €69 | +€30 | +77.2% |
| Recurring financial charges | 65 | €39 | €69 | +€30 | +77.2% |
| Profit (loss) for the period before taxes | 9903 | -€18,477 | -€11,315 | +€7,162 | +38.8% |
| Profit (loss) for the period | 9904 | -€18,477 | -€11,315 | +€7,162 | +38.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,477 | -€11,315 | +€7,162 | +38.8% |
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 10 October 2026 via checked.be.