Kpler Holding: 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.
What changed
Kpler Holding
NACE 73.300, Public relations and communication consultancy
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
-€8.0m
2023 · -€3.9m-€4.0m
Equity
€86.2m
2023 · €91.1m-€5.0m
Cash
€766,128
2023 · €652,008+€114,120
Balance sheet total
€138.0m
2023 · €123.5m+€14.4m
Largest movements
Assets
- Receivables within one year +€9.2m
up €9.2m (+54.2%), from €17.1m to €26.3m
of which Other amounts receivable: +€13.5m
- Financial fixed assets +€4.2m
up €4.2m (+4.1%), from €104.6m to €108.8m
of which Affiliated companies: +€5.7m
Equity and liabilities
- Other debts +€10.9m
up €10.9m (+68.9%), from €15.8m to €26.6m
- Profit (loss) carried forward -€6.2m
down €6.2m (-74.9%), from -€8.2m to -€14.4m
- Trade debts +€5.9m
up €5.9m (+376%), from €1.6m to €7.5m
- Contributions +€3.0m
up €3.0m (+3.1%), from €97.4m to €100.4m
of which Contributions outside capital: +€3.0m
- Reserves -€1.8m
down €1.8m (-94.8%), from €1.9m to €98,560
of which Distributable reserves: -€1.8m
Income statement
- Services and other goods +€5.7m
up €5.7m (+56.8%), from €10.0m to €15.7m
- Turnover +€5.5m
up €5.5m (+58.2%), from €9.4m to €14.8m
- Financial charges +€4.4m
up €4.4m (+167%), from €2.6m to €7.0m
- Financial income +€1.1m
up €1.1m (+121%), from €921,612 to €2.0m
of which Financial income: +€1.1m
- Staff costs +€333,123
up €333,123 (+18.4%), from €1.8m to €2.1m
From the 2023 result to the 2024 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 2023
-€3.9m
Turnover
+€5.5m
Other operating income
+€30,092
Goods and materials
+€23,355
Services and other goods
-€5.7m
Staff costs
-€333,123
Depreciation
-€4,919
Provisions
+€30,189
Other operating charges
-€14,909
Other operating items
+€8,627
Financial income
+€1.1m
Financial charges
-€4.4m
Taxes
-€250,342
Result 2024
-€8.0m
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
-€199,069
Investment
-€4.3m
Financing
+€4.6m
Cash 2023
€652,008
From operations (derived)
-€199,069
Net result for the year
-€8.0m
Depreciation
+€62,957
Smaller working-capital items
-€23,318
Receivables within one year
-€9.2m
Deferred charges and accrued income
-€832,443
Provisions
-€30,189
Trade debts
+€5.9m
Tax, wage and social debts
+€1.0m
Other debts
+€10.9m
Investment (derived)
-€4.3m
Investment in fixed assets (net)
-€4.3m
Financing
+€4.6m
Debts after one year
+€1.6m
Contributions, distributions and other
+€3.0m
Cash 2024
€766,128
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €123,539,597 | €137,985,109 | +€14.4m | +11.7% |
| Formation expenses | 20 | €13,548 | €0 | -€13,548 | -100% |
| Fixed assets | 21/28 | €104,749,273 | €108,998,596 | +€4.2m | +4.1% |
| Intangible fixed assets | 21 | €12,510 | €8,340 | -€4,170 | -33.3% |
| Tangible fixed assets | 22/27 | €147,038 | €158,867 | +€11,829 | +8.0% |
| Furniture and vehicles | 24 | €46,440 | €60,310 | +€13,870 | +29.9% |
| Other tangible fixed assets | 26 | €100,598 | €98,556 | -€2,041 | -2.0% |
| Financial fixed assets | 28 | €104,589,725 | €108,831,389 | +€4.2m | +4.1% |
| Affiliated companies | 280/1 | €102,927,231 | €108,623,716 | +€5.7m | +5.5% |
| Participating interests | 280 | €94,559,031 | €98,158,393 | +€3.6m | +3.8% |
| Amounts receivable | 281 | €8,368,200 | €10,465,323 | +€2.1m | +25.1% |
| Companies linked by participating interests | 282/3 | €1,361,400 | €0 | -€1.4m | -100% |
| Amounts receivable | 283 | €1,361,400 | €0 | -€1.4m | -100% |
| Other financial fixed assets | 284/8 | €301,094 | €207,673 | -€93,421 | -31.0% |
| Amounts receivable and cash guarantees | 285/8 | €301,094 | €207,673 | -€93,421 | -31.0% |
| Current assets | 29/58 | €18,776,776 | €28,986,514 | +€10.2m | +54.4% |
| Stocks and contracts in progress | 3 | €0 | €23,355 | +€23,355 | |
| Stocks | 30/36 | - | €23,355 | +€23,355 | |
| Goods purchased for resale | 34 | - | €23,355 | +€23,355 | |
| Amounts receivable within one year | 40/41 | €17,063,352 | €26,303,172 | +€9.2m | +54.2% |
| Trade receivables | 40 | €9,718,652 | €5,503,492 | -€4.2m | -43.4% |
| Other amounts receivable | 41 | €7,344,701 | €20,799,680 | +€13.5m | +183% |
| Cash at bank and in hand | 54/58 | €652,008 | €766,128 | +€114,120 | +17.5% |
| Deferred charges and accrued income | 490/1 | €1,061,415 | €1,893,858 | +€832,443 | +78.4% |
| Total equity and liabilities | 10/49 | €123,539,597 | €137,985,109 | +€14.4m | +11.7% |
| Equity | 10/15 | €91,128,591 | €86,155,272 | -€5.0m | -5.5% |
| Contributions | 10/11 | €97,441,419 | €100,420,249 | +€3.0m | +3.1% |
| Capital | 10 | €19,649,913 | €19,649,913 | = | 0.0% |
| Issued capital | 100 | €19,649,913 | €19,649,913 | = | 0.0% |
| Contributions outside capital | 11 | €77,791,505 | €80,770,336 | +€3.0m | +3.8% |
| Share premium | 1100/10 | €77,791,505 | €80,770,336 | +€3.0m | +3.8% |
| Reserves | 13 | €1,898,560 | €98,560 | -€1.8m | -94.8% |
| Non-distributable reserves | 130/1 | €98,560 | €98,560 | = | 0.0% |
| Legal reserve | 130 | €98,560 | €98,560 | = | 0.0% |
| Distributable reserves | 133 | €1,800,000 | €0 | -€1.8m | -100% |
| Profit (loss) carried forward | 14 | -€8,211,387 | -€14,363,537 | -€6.2m | -74.9% |
| Provisions and deferred taxes | 16 | €30,189 | €0 | -€30,189 | -100% |
| Provisions for liabilities and charges | 160/5 | €30,189 | €0 | -€30,189 | -100% |
| Other liabilities and charges | 164/5 | €30,189 | €0 | -€30,189 | -100% |
| Amounts payable | 17/49 | €32,380,816 | €51,829,837 | +€19.4m | +60.1% |
| Amounts payable after more than one year | 17 | €14,455,224 | €16,088,314 | +€1.6m | +11.3% |
| Financial debts | 170/4 | €14,455,224 | €16,088,314 | +€1.6m | +11.3% |
| Subordinated loans | 170 | €3,955,224 | €5,588,314 | +€1.6m | +41.3% |
| Unsubordinated bonds | 171 | €10,500,000 | €10,500,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €17,693,360 | €35,509,254 | +€17.8m | +101% |
| Trade debts | 44 | €1,577,854 | €7,508,584 | +€5.9m | +376% |
| Suppliers | 440/4 | €1,577,854 | €7,508,584 | +€5.9m | +376% |
| Taxes, remuneration and social security | 45 | €342,688 | €1,367,802 | +€1.0m | +299% |
| Taxes | 450/3 | €991 | €255,642 | +€254,652 | +25,699% |
| Remuneration and social security | 454/9 | €341,697 | €1,112,160 | +€770,463 | +225% |
| Other amounts payable | 47/48 | €15,772,818 | €26,632,869 | +€10.9m | +68.9% |
| Accrued charges and deferred income | 492/3 | €232,232 | €232,269 | +€37 | 0.0% |
| Operating income | 70/76A | €9,670,799 | €15,163,684 | +€5.5m | +56.8% |
| Turnover | 70 | €9,370,318 | €14,825,326 | +€5.5m | +58.2% |
| Other operating income | 74 | €278,077 | €308,169 | +€30,092 | +10.8% |
| Non-recurring operating income | 76A | €22,404 | €30,189 | +€7,785 | +34.7% |
| Operating charges | 60/66A | €11,914,229 | €17,894,826 | +€6.0m | +50.2% |
| Goods for resale, raw materials and consumables | 60 | - | -€23,355 | -€23,355 | |
| Change in stocks: decrease (increase) | 609 | - | -€23,355 | -€23,355 | |
| Services and other goods | 61 | €10,011,734 | €15,693,765 | +€5.7m | +56.8% |
| Remuneration, social security and pensions | 62 | €1,806,244 | €2,139,366 | +€333,123 | +18.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58,037 | €62,957 | +€4,919 | +8.5% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €30,189 | €0 | -€30,189 | -100% |
| Other operating charges | 640/8 | €7,183 | €22,093 | +€14,909 | +208% |
| Non-recurring operating charges | 66A | €842 | €0 | -€842 | -100% |
| Operating profit (loss) | 9901 | -€2,243,430 | -€2,731,142 | -€487,713 | -21.7% |
| Financial income | 75/76B | €921,612 | €2,041,242 | +€1.1m | +121% |
| Recurring financial income | 75 | €920,549 | €2,040,311 | +€1.1m | +122% |
| Income from current assets | 751 | €896,149 | €1,908,605 | +€1.0m | +113% |
| Other financial income | 752/9 | €24,400 | €131,707 | +€107,306 | +440% |
| Non-recurring financial income | 76B | €1,063 | €931 | -€132 | -12.4% |
| Financial charges | 65/66B | €2,622,637 | €7,011,270 | +€4.4m | +167% |
| Recurring financial charges | 65 | €2,622,637 | €7,011,270 | +€4.4m | +167% |
| Debt charges | 650 | €2,567,298 | €6,271,741 | +€3.7m | +144% |
| Other financial charges | 652/9 | €55,338 | €739,530 | +€684,191 | +1,236% |
| Profit (loss) for the period before taxes | 9903 | -€3,944,455 | -€7,701,171 | -€3.8m | -95.2% |
| Income taxes | 67/77 | €637 | €250,979 | +€250,342 | +39,316% |
| Taxes | 670/3 | €637 | €250,979 | +€250,342 | +39,316% |
| Profit (loss) for the period | 9904 | -€3,945,092 | -€7,952,150 | -€4.0m | -102% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,945,092 | -€7,952,150 | -€4.0m | -102% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.