Kuppens: 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.
Kuppens
Largest movements
- Financial fixed assets -€210,000
down €210,000 (-100%), from €210,000 to €0
- Cash +€10,782
up €10,782 (+1,409%), from €765 to €11,547
mainly Investment in fixed assets (net) (+€210,000) and Depreciation (+€4,783)
- Tangible fixed assets -€4,783
down €4,783 (-2.8%), from €169,245 to €164,462
- Other debts -€199,175
down €199,175 (-68.8%), from €289,674 to €90,499
- Gross operating margin -€8,434
down €8,434 (-46.0%), from €18,336 to €9,902
- Other operating charges -€1,456
down €1,456 (-36.2%), from €4,024 to €2,568
- Taxes -€843
down €843 (-100%), from €843 to €0
- Financial charges +€298
up €298 (+764%), from €39 to €337
- Depreciation -€218
down €218 (-4.4%), from €5,000 to €4,783
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 | €380,410 | €177,710 | -€202,700 | -53.3% |
| Fixed assets | 21/28 | €379,245 | €164,462 | -€214,783 | -56.6% |
| Tangible fixed assets | 22/27 | €169,245 | €164,462 | -€4,783 | -2.8% |
| Land and buildings | 22 | €169,245 | €164,462 | -€4,783 | -2.8% |
| Financial fixed assets | 28 | €210,000 | €0 | -€210,000 | -100% |
| Current assets | 29/58 | €1,165 | €13,247 | +€12,082 | +1,037% |
| Cash at bank and in hand | 54/58 | €765 | €11,547 | +€10,782 | +1,409% |
| Deferred charges and accrued income | 490/1 | €400 | €1,700 | +€1,300 | +325% |
| Total equity and liabilities | 10/49 | €380,410 | €177,710 | -€202,700 | -53.3% |
| Equity | 10/15 | €88,428 | €85,903 | -€2,525 | -2.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €69,828 | €67,303 | -€2,525 | -3.6% |
| Distributable reserves | 133 | €69,828 | €67,303 | -€2,525 | -3.6% |
| Amounts payable | 17/49 | €291,981 | €91,806 | -€200,175 | -68.6% |
| Amounts payable within one year | 42/48 | €291,981 | €91,806 | -€200,175 | -68.6% |
| Trade debts | 44 | €1,465 | €1,307 | -€157 | -10.7% |
| Suppliers | 440/4 | €1,465 | €1,307 | -€157 | -10.7% |
| Taxes, remuneration and social security | 45 | €843 | €0 | -€843 | -100% |
| Taxes | 450/3 | €843 | €0 | -€843 | -100% |
| Other amounts payable | 47/48 | €289,674 | €90,499 | -€199,175 | -68.8% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,000 | €4,783 | -€218 | -4.4% |
| Other operating charges | 640/8 | €4,024 | €2,568 | -€1,456 | -36.2% |
| Non-recurring operating charges | 66A | - | €4,740 | +€4,740 | |
| Gross operating margin | 9900 | €18,336 | €9,902 | -€8,434 | -46.0% |
| Operating profit (loss) | 9901 | €9,311 | -€2,188 | -€11,500 | |
| Financial charges | 65/66B | €39 | €337 | +€298 | +764% |
| Recurring financial charges | 65 | €39 | €337 | +€298 | +764% |
| Profit (loss) for the period before taxes | 9903 | €9,272 | -€2,525 | -€11,798 | |
| Income taxes | 67/77 | €843 | €0 | -€843 | -100% |
| Profit (loss) for the period | 9904 | €8,429 | -€2,525 | -€10,955 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,429 | -€2,525 | -€10,955 |
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 13 October 2026 via checked.be.