KUPELUNO: 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.
KUPELUNO
Largest movements
- Cash -€930
down €930 (-96.1%), from €968 to €38
mainly Net result for the year (-€3,988)
- Tangible fixed assets -€729
down €729 (-36.4%), from €2,005 to €1,276
- Profit (loss) carried forward -€3,988
down €3,988 (-16.0%), from -€24,965 to -€28,953
- Other debts +€2,300
up €2,300 (+222%), from €1,038 to €3,338
- Gross operating margin +€179
up €179 (+5.6%), from -€3,193 to -€3,013
- Other operating charges +€62
new in 2025: €62
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 | €8,243 | €6,585 | -€1,659 | -20.1% |
| Fixed assets | 21/28 | €2,005 | €1,276 | -€729 | -36.4% |
| Tangible fixed assets | 22/27 | €2,005 | €1,276 | -€729 | -36.4% |
| Other tangible fixed assets | 26 | €2,005 | €1,276 | -€729 | -36.4% |
| Current assets | 29/58 | €6,239 | €5,309 | -€930 | -14.9% |
| Amounts receivable within one year | 40/41 | €5,271 | €5,271 | = | 0.0% |
| Trade receivables | 40 | €5,271 | €5,271 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €968 | €38 | -€930 | -96.1% |
| Total equity and liabilities | 10/49 | €8,243 | €6,585 | -€1,659 | -20.1% |
| Equity | 10/15 | €6,494 | €2,505 | -€3,988 | -61.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €19,059 | €19,059 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,100 | €1,100 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,100 | €1,100 | = | 0.0% |
| Distributable reserves | 133 | €17,959 | €17,959 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€24,965 | -€28,953 | -€3,988 | -16.0% |
| Amounts payable | 17/49 | €1,750 | €4,079 | +€2,330 | +133% |
| Amounts payable within one year | 42/48 | €1,750 | €4,079 | +€2,330 | +133% |
| Trade debts | 44 | €712 | €742 | +€30 | +4.2% |
| Suppliers | 440/4 | €712 | €742 | +€30 | +4.2% |
| Other amounts payable | 47/48 | €1,038 | €3,338 | +€2,300 | +222% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €729 | €729 | = | 0.0% |
| Other operating charges | 640/8 | - | €62 | +€62 | |
| Gross operating margin | 9900 | -€3,193 | -€3,013 | +€179 | +5.6% |
| Operating profit (loss) | 9901 | -€3,921 | -€3,804 | +€117 | +3.0% |
| Financial charges | 65/66B | €161 | €184 | +€23 | +14.4% |
| Recurring financial charges | 65 | €161 | €184 | +€23 | +14.4% |
| Profit (loss) for the period before taxes | 9903 | -€4,083 | -€3,988 | +€94 | +2.3% |
| Profit (loss) for the period | 9904 | -€4,083 | -€3,988 | +€94 | +2.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,083 | -€3,988 | +€94 | +2.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.