KPL & C°: what changed
Two fiscal 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.
What changed
KPL & C°
NACE 47.730, Retail sale of pharmaceutical products
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€36,042
2024 · €577,769-€541,727
Equity
€1.4m
2024 · €1.3m+€36,042
Cash
€39,081
2024 · €94,507-€55,426
Balance sheet total
€1.4m
2024 · €1.4m+€27,806
Largest movements
Assets
- Tangible fixed assets +€123,101
up €123,101 (+23.7%), from €518,851 to €641,952
of which Land and buildings: +€102,095
- Cash -€55,426
down €55,426 (-58.6%), from €94,507 to €39,081
mainly Investment in fixed assets (net) (-€165,327) and Debts after one year (-€9,606)
- Current investments -€37,604
down €37,604 (-5.0%), from €750,000 to €712,396
Equity and liabilities
- Profit (loss) carried forward +€41,849
up €41,849, from -€37,280 to €4,569
- Accrued charges and deferred income +€16,485
up €16,485 (+435.5%), from €3,785 to €20,270
Income statement
- Gross operating margin -€545,817
down €545,817 (-82.9%), from €658,409 to €112,592
- Staff costs +€23,872
new in 2025: €23,872
- Depreciation -€22,088
down €22,088 (-34.3%), from €64,313 to €42,225
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.
Result 2024
€577,769
Gross operating margin
-€545,817
Staff costs
-€23,872
Depreciation
+€22,088
Other operating charges
+€712
Financial income
+€4,605
Financial charges
+€557
Result 2025
€36,042
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.
From operations
+€84,463
Investment
-€127,723
Financing
-€12,166
Cash 2024
€94,507
From operations (derived)
+€84,463
Net result for the year
+€36,042
Depreciation
+€42,225
Receivables after one year
+€2,891
Receivables within one year
+€1,214
Deferred charges and accrued income
-€1,838
Trade debts
-€7,694
Tax, wage and social debts
-€4,861
Other debts
+€0
Accrued charges and deferred income
+€16,485
Investment (derived)
-€127,723
Investment in fixed assets (net)
-€165,327
Current investments
+€37,604
Financing
-€12,166
Debts after one year
-€9,606
Current portion of long-term debt
-€2,536
Short-term financial debts
-€24
Contributions, distributions and other
-€0
Cash 2025
€39,081
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,409,276 | €1,437,082 | +€27,806 | +2.0% |
| Fixed assets | 21/28 | €518,851 | €641,952 | +€123,101 | +23.7% |
| Tangible fixed assets | 22/27 | €518,851 | €641,952 | +€123,101 | +23.7% |
| Land and buildings | 22 | €516,046 | €618,141 | +€102,095 | +19.8% |
| Plant, machinery and equipment | 23 | €391 | €115 | -€276 | -70.6% |
| Furniture and vehicles | 24 | €2,414 | €23,696 | +€21,282 | +881.6% |
| Current assets | 29/58 | €890,425 | €795,129 | -€95,296 | -10.7% |
| Amounts receivable after more than one year | 29 | €2,891 | - | -€2,891 | |
| Other amounts receivable | 291 | €2,891 | - | -€2,891 | |
| Amounts receivable within one year | 40/41 | €39,469 | €38,255 | -€1,214 | -3.1% |
| Trade receivables | 40 | €23,942 | €22,369 | -€1,573 | -6.6% |
| Other amounts receivable | 41 | €15,527 | €15,886 | +€359 | +2.3% |
| Current investments | 50/53 | €750,000 | €712,396 | -€37,604 | -5.0% |
| Cash at bank and in hand | 54/58 | €94,507 | €39,081 | -€55,426 | -58.6% |
| Deferred charges and accrued income | 490/1 | €3,558 | €5,396 | +€1,838 | +51.7% |
| Total equity and liabilities | 10/49 | €1,409,276 | €1,437,082 | +€27,806 | +2.0% |
| Equity | 10/15 | €1,322,231 | €1,358,273 | +€36,042 | +2.7% |
| Contributions | 10/11 | €970,000 | €970,000 | = | 0.0% |
| Reserves | 13 | €389,511 | €383,704 | -€5,807 | -1.5% |
| Tax-exempt reserves | 132 | €389,511 | €383,704 | -€5,807 | -1.5% |
| Profit (loss) carried forward | 14 | -€37,280 | €4,569 | +€41,849 | |
| Provisions and deferred taxes | 16 | €3,000 | €3,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €3,000 | €3,000 | = | 0.0% |
| Taxes | 161 | - | €3,000 | +€3,000 | |
| Major repairs and maintenance | 162 | €3,000 | - | -€3,000 | |
| Amounts payable | 17/49 | €84,045 | €75,809 | -€8,236 | -9.8% |
| Amounts payable after more than one year | 17 | €45,295 | €35,689 | -€9,606 | -21.2% |
| Financial debts | 170/4 | €45,295 | €35,689 | -€9,606 | -21.2% |
| Amounts payable within one year | 42/48 | €34,965 | €19,850 | -€15,115 | -43.2% |
| Current portion of amounts payable after more than one year | 42 | €9,251 | €6,715 | -€2,536 | -27.4% |
| Financial debts | 43 | €24 | - | -€24 | |
| Credit institutions | 430/8 | €24 | - | -€24 | |
| Trade debts | 44 | €7,694 | €0 | -€7,694 | -100.0% |
| Suppliers | 440/4 | €7,694 | €0 | -€7,694 | -100.0% |
| Taxes, remuneration and social security | 45 | €12,024 | €7,163 | -€4,861 | -40.4% |
| Taxes | 450/3 | €12,024 | €3,014 | -€9,010 | -74.9% |
| Remuneration and social security | 454/9 | - | €4,149 | +€4,149 | |
| Other amounts payable | 47/48 | €5,972 | €5,972 | +€0 | 0.0% |
| Accrued charges and deferred income | 492/3 | €3,785 | €20,270 | +€16,485 | +435.5% |
| Non-recurring operating income | 76A | €554,006 | €0 | -€554,006 | -100.0% |
| Remuneration, social security and pensions | 62 | - | €23,872 | +€23,872 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €64,313 | €42,225 | -€22,088 | -34.3% |
| Other operating charges | 640/8 | €23,759 | €23,047 | -€712 | -3.0% |
| Gross operating margin | 9900 | €658,409 | €112,592 | -€545,817 | -82.9% |
| Operating profit (loss) | 9901 | €570,337 | €23,449 | -€546,888 | -95.9% |
| Financial income | 75/76B | €10,448 | €15,053 | +€4,605 | +44.1% |
| Recurring financial income | 75 | €10,448 | €15,053 | +€4,605 | +44.1% |
| Financial charges | 65/66B | €3,016 | €2,459 | -€557 | -18.5% |
| Recurring financial charges | 65 | €3,016 | €2,459 | -€557 | -18.5% |
| Profit (loss) for the period before taxes | 9903 | €577,769 | €36,042 | -€541,727 | -93.8% |
| Profit (loss) for the period | 9904 | €577,769 | €36,042 | -€541,727 | -93.8% |
| Transfer from tax-exempt reserves | 789 | €377 | €5,807 | +€5,430 | +1440.4% |
| Transfer to tax-exempt reserves | 689 | €389,888 | €0 | -€389,888 | -100.0% |
| Profit (loss) for the period to be appropriated | 9905 | €188,258 | €41,849 | -€146,409 | -77.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.