Kuipers & Co: 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.
Kuipers & Co
Largest movements
- Receivables within one year +€58,455
up €58,455 (+55.1%), from €106,162 to €164,617
of which Trade receivables: +€34,653
- Cash +€2,967
up €2,967 (+38.3%), from €7,742 to €10,708
mainly Trade debts (+€80,572) and Short-term financial debts (+€2,557)
- Trade debts +€80,572
up €80,572 (+55.5%), from €145,122 to €225,695
- Profit (loss) carried forward -€15,345
down €15,345 (-48.0%), from -€31,973 to -€47,318
- Tax, wage and social debts -€5,713
down €5,713 (-58.6%), from €9,745 to €4,033
of which Remuneration and social security: -€5,691
- Short-term financial debts +€2,557
up €2,557 (+23.8%), from €10,723 to €13,281
- Gross operating margin -€32,702
down €32,702 (-35.6%), from €91,901 to €59,200
- Staff costs -€13,191
down €13,191 (-17.8%), from €73,923 to €60,732
- Financial charges -€1,544
down €1,544 (-13.6%), from €11,359 to €9,815
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 | €139,758 | €201,830 | +€62,072 | +44.4% |
| Fixed assets | 21/28 | €18,108 | €17,818 | -€290 | -1.6% |
| Tangible fixed assets | 22/27 | €833 | €543 | -€290 | -34.8% |
| Furniture and vehicles | 24 | €833 | €543 | -€290 | -34.8% |
| Financial fixed assets | 28 | €17,275 | €17,275 | = | 0.0% |
| Current assets | 29/58 | €121,650 | €184,012 | +€62,362 | +51.3% |
| Stocks and contracts in progress | 3 | €7,747 | €8,687 | +€940 | +12.1% |
| Stocks | 30/36 | €7,747 | €8,687 | +€940 | +12.1% |
| Amounts receivable within one year | 40/41 | €106,162 | €164,617 | +€58,455 | +55.1% |
| Trade receivables | 40 | €99,965 | €134,617 | +€34,653 | +34.7% |
| Other amounts receivable | 41 | €6,197 | €29,999 | +€23,802 | +384% |
| Cash at bank and in hand | 54/58 | €7,742 | €10,708 | +€2,967 | +38.3% |
| Total equity and liabilities | 10/49 | €139,758 | €201,830 | +€62,072 | +44.4% |
| Equity | 10/15 | -€25,833 | -€41,178 | -€15,345 | -59.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Capital | 10 | €3,000 | €3,000 | = | 0.0% |
| Issued capital | 100 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €3,140 | €3,140 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,099 | €3,099 | = | 0.0% |
| Legal reserve | 130 | €3,099 | €3,099 | = | 0.0% |
| Tax-exempt reserves | 132 | €41 | €41 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€31,973 | -€47,318 | -€15,345 | -48.0% |
| Amounts payable | 17/49 | €165,591 | €243,008 | +€77,417 | +46.8% |
| Amounts payable within one year | 42/48 | €165,591 | €243,008 | +€77,417 | +46.8% |
| Financial debts | 43 | €10,723 | €13,281 | +€2,557 | +23.8% |
| Credit institutions | 430/8 | €10,723 | €13,281 | +€2,557 | +23.8% |
| Trade debts | 44 | €145,122 | €225,695 | +€80,572 | +55.5% |
| Suppliers | 440/4 | €145,122 | €225,695 | +€80,572 | +55.5% |
| Taxes, remuneration and social security | 45 | €9,745 | €4,033 | -€5,713 | -58.6% |
| Taxes | 450/3 | €22 | - | -€22 | |
| Remuneration and social security | 454/9 | €9,723 | €4,033 | -€5,691 | -58.5% |
| Remuneration, social security and pensions | 62 | €73,923 | €60,732 | -€13,191 | -17.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €290 | €290 | = | 0.0% |
| Other operating charges | 640/8 | €3,470 | €4,376 | +€906 | +26.1% |
| Gross operating margin | 9900 | €91,901 | €59,200 | -€32,702 | -35.6% |
| Operating profit (loss) | 9901 | €14,218 | -€6,199 | -€20,417 | |
| Financial income | 75/76B | €183 | €668 | +€485 | +265% |
| Recurring financial income | 75 | €183 | €668 | +€485 | +265% |
| Financial charges | 65/66B | €11,359 | €9,815 | -€1,544 | -13.6% |
| Recurring financial charges | 65 | €11,359 | €9,815 | -€1,544 | -13.6% |
| Profit (loss) for the period before taxes | 9903 | €3,042 | -€15,345 | -€18,388 | |
| Income taxes | 67/77 | €132 | - | -€132 | |
| Profit (loss) for the period | 9904 | €2,911 | -€15,345 | -€18,256 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,911 | -€15,345 | -€18,256 |
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 24 October 2026 via checked.be.