KUPFERMAN CONSULTING: 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.
KUPFERMAN CONSULTING
Largest movements
- Receivables within one year -€52,232
down €52,232 (-100.0%), from €52,232 to €0
- Tangible fixed assets -€15,009
down €15,009 (-13.3%), from €112,819 to €97,810
of which Other tangible fixed assets: -€14,562
- Cash +€5,435
up €5,435 (+53.4%), from €10,169 to €15,604
mainly Receivables within one year (+€52,232) and Net result for the year (+€41,555)
- Tax, wage and social debts -€46,405
down €46,405 (-85.1%), from €54,559 to €8,154
of which Taxes: -€45,352
- Other debts -€45,276
down €45,276 (-27.0%), from €167,833 to €122,557
- Profit (loss) carried forward +€41,555
up €41,555 (+58.9%), from -€70,538 to -€28,984
- Trade debts -€10,394
down €10,394 (-61.6%), from €16,872 to €6,477
- Gross operating margin +€9,147
up €9,147 (+14.9%), from €61,502 to €70,649
- Financial charges -€7,347
down €7,347 (-64.2%), from €11,442 to €4,096
- Other operating charges +€2,227
up €2,227 (+44.3%), from €5,025 to €7,252
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €176,785 | €116,305 | -€60,480 | -34.2% |
| Fixed assets | 21/28 | €114,219 | €99,210 | -€15,009 | -13.1% |
| Tangible fixed assets | 22/27 | €112,819 | €97,810 | -€15,009 | -13.3% |
| Furniture and vehicles | 24 | €4,612 | €4,645 | +€33 | +0.7% |
| Leasing and similar rights | 25 | €1,415 | €935 | -€480 | -33.9% |
| Other tangible fixed assets | 26 | €106,792 | €92,230 | -€14,562 | -13.6% |
| Financial fixed assets | 28 | €1,400 | €1,400 | = | 0.0% |
| Current assets | 29/58 | €62,566 | €17,095 | -€45,470 | -72.7% |
| Amounts receivable within one year | 40/41 | €52,232 | €0 | -€52,232 | -100.0% |
| Trade receivables | 40 | €52,232 | €0 | -€52,232 | -100.0% |
| Cash at bank and in hand | 54/58 | €10,169 | €15,604 | +€5,435 | +53.4% |
| Deferred charges and accrued income | 490/1 | €165 | €1,491 | +€1,327 | +805.5% |
| Total equity and liabilities | 10/49 | €176,785 | €116,305 | -€60,480 | -34.2% |
| Equity | 10/15 | -€62,478 | -€20,924 | +€41,555 | +66.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€70,538 | -€28,984 | +€41,555 | +58.9% |
| Amounts payable | 17/49 | €239,264 | €137,229 | -€102,035 | -42.6% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €239,264 | €137,229 | -€102,035 | -42.6% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €0 | €41 | +€41 | |
| Credit institutions | 430/8 | €0 | €41 | +€41 | |
| Trade debts | 44 | €16,872 | €6,477 | -€10,394 | -61.6% |
| Suppliers | 440/4 | €16,872 | €6,477 | -€10,394 | -61.6% |
| Taxes, remuneration and social security | 45 | €54,559 | €8,154 | -€46,405 | -85.1% |
| Taxes | 450/3 | €53,506 | €8,154 | -€45,352 | -84.8% |
| Remuneration and social security | 454/9 | €1,053 | €0 | -€1,053 | -100.0% |
| Other amounts payable | 47/48 | €167,833 | €122,557 | -€45,276 | -27.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,108 | €17,609 | -€499 | -2.8% |
| Other operating charges | 640/8 | €5,025 | €7,252 | +€2,227 | +44.3% |
| Gross operating margin | 9900 | €61,502 | €70,649 | +€9,147 | +14.9% |
| Operating profit (loss) | 9901 | €38,369 | €45,788 | +€7,419 | +19.3% |
| Financial income | 75/76B | €0 | €3 | +€3 | |
| Recurring financial income | 75 | €0 | €3 | +€3 | |
| Financial charges | 65/66B | €11,442 | €4,096 | -€7,347 | -64.2% |
| Recurring financial charges | 65 | €11,442 | €4,096 | -€7,347 | -64.2% |
| Profit (loss) for the period before taxes | 9903 | €26,927 | €41,696 | +€14,769 | +54.8% |
| Income taxes | 67/77 | €207 | €141 | -€66 | -32.0% |
| Profit (loss) for the period | 9904 | €26,720 | €41,555 | +€14,835 | +55.5% |
| Profit (loss) for the period to be appropriated | 9905 | €26,720 | €41,555 | +€14,835 | +55.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.