KPM GROUP: 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.
KPM GROUP
Largest movements
- Tangible fixed assets -€91,671
down €91,671 (-7.2%), from €1.3m to €1.2m
- Profit (loss) carried forward -€91,671
down €91,671 (-16.3%), from -€562,626 to -€654,297
No income-statement line moved by more than 1% of the activity.
From the 2020 result to the 2022 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
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2020 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,271,280 | €1,179,610 | -€91,671 | -7.2% |
| Fixed assets | 21/28 | €1,271,280 | €1,179,610 | -€91,671 | -7.2% |
| Tangible fixed assets | 22/27 | €1,271,280 | €1,179,610 | -€91,671 | -7.2% |
| Land and buildings | 22 | - | €1,179,610 | +€1.2m | |
| Total equity and liabilities | 10/49 | €1,271,280 | €1,179,610 | -€91,671 | -7.2% |
| Equity | 10/15 | -€544,026 | -€635,697 | -€91,671 | -16.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | - | €18,600 | +€18,600 | |
| Issued capital | 100 | - | €18,600 | +€18,600 | |
| Profit (loss) carried forward | 14 | -€562,626 | -€654,297 | -€91,671 | -16.3% |
| Amounts payable | 17/49 | €1,815,306 | €1,815,306 | = | 0.0% |
| Amounts payable after more than one year | 17 | €1,497,279 | €1,497,279 | = | 0.0% |
| Financial debts | 170/4 | - | €1,497,279 | +€1.5m | |
| Amounts payable within one year | 42/48 | €318,027 | €318,027 | = | 0.0% |
| Current portion of amounts payable after more than one year | 42 | - | €297,061 | +€297,061 | |
| Financial debts | 43 | - | €189 | +€189 | |
| Credit institutions | 430/8 | - | €189 | +€189 | |
| Trade debts | 44 | €20,778 | €20,778 | = | 0.0% |
| Suppliers | 440/4 | - | €20,778 | +€20,778 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,836 | €45,835 | -€1 | 0.0% |
| Operating profit (loss) | 9901 | -€45,836 | -€45,835 | +€1 | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€45,836 | -€45,835 | +€1 | 0.0% |
| Profit (loss) for the period | 9904 | -€45,836 | -€45,835 | +€1 | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€45,836 | -€45,835 | +€1 | 0.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2020 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.