Bedrijvencentrum Kiewit: what changed
What changed
Bedrijvencentrum Kiewit
NACE 68.203, Renting and operating of own or leased non-residential real estate, excluding land
filed annual accounts (NBB)
Net result for the year
-€24,047
2024 · -€11,533-€12,513
Equity
€109,218
2024 · €133,265-€24,047
Cash
€22,458
2024 · €12,745+€9,713
Balance sheet total
€1.8m
2024 · €1.9m-€87,113
Largest movements
Assets
- Tangible fixed assets -€90,201
down €90,201 (-4.9%), from €1.8m to €1.8m
of which Land and buildings: -€80,803
Equity and liabilities
- Trade debts -€157,837
down €157,837 (-69.0%), from €228,889 to €71,052
- Debts after one year +€90,511
up €90,511 (+6.6%), from €1.4m to €1.5m
- Profit (loss) carried forward -€24,047
down €24,047 (-29.4%), from -€81,735 to -€105,782
Income statement
- Financial charges +€8,288
up €8,288 (+18.2%), from €45,526 to €53,815
- Gross operating margin -€2,355
down €2,355 (-1.7%), from €136,949 to €134,594
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€11,533
Gross operating margin
-€2,355
Depreciation
-€506
Other operating charges
-€1,333
Financial income
-€31
Financial charges
-€8,288
Result 2025
-€24,047
lowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€83,045
Investment
-€817
Financing
+€93,575
Cash 2024
€12,745
From operations (derived)
-€83,045
Net result for the year
-€24,047
Depreciation
+€92,778
Receivables within one year
+€3,629
Deferred charges and accrued income
+€1,235
Trade debts
-€157,837
Tax, wage and social debts
+€9,099
Other debts
-€11,645
Accrued charges and deferred income
+€3,741
Investment (derived)
-€817
Investment in fixed assets (net)
-€817
Financing
+€93,575
Debts after one year
+€90,511
Current portion of long-term debt
+€3,064
Cash 2025
€22,458
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,909,175 | €1,822,062 | -€87,113 | -4.6% |
| Formation expenses | 20 | €14,952 | €13,192 | -€1,760 | -11.8% |
| Fixed assets | 21/28 | €1,843,763 | €1,753,562 | -€90,201 | -4.9% |
| Tangible fixed assets | 22/27 | €1,843,763 | €1,753,562 | -€90,201 | -4.9% |
| Land and buildings | 22 | €1,749,486 | €1,668,683 | -€80,803 | -4.6% |
| Plant, machinery and equipment | 23 | €27,223 | €25,383 | -€1,840 | -6.8% |
| Furniture and vehicles | 24 | €67,054 | €59,495 | -€7,559 | -11.3% |
| Current assets | 29/58 | €50,460 | €55,308 | +€4,848 | +9.6% |
| Amounts receivable within one year | 40/41 | €33,299 | €29,670 | -€3,629 | -10.9% |
| Trade receivables | 40 | €19,622 | €29,670 | +€10,048 | +51.2% |
| Other amounts receivable | 41 | €13,677 | €0 | -€13,677 | -100% |
| Cash at bank and in hand | 54/58 | €12,745 | €22,458 | +€9,713 | +76.2% |
| Deferred charges and accrued income | 490/1 | €4,416 | €3,181 | -€1,235 | -28.0% |
| Total equity and liabilities | 10/49 | €1,909,175 | €1,822,062 | -€87,113 | -4.6% |
| Equity | 10/15 | €133,265 | €109,218 | -€24,047 | -18.0% |
| Contributions | 10/11 | €215,000 | €215,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€81,735 | -€105,782 | -€24,047 | -29.4% |
| Amounts payable | 17/49 | €1,775,911 | €1,712,844 | -€63,066 | -3.6% |
| Amounts payable after more than one year | 17 | €1,364,390 | €1,454,901 | +€90,511 | +6.6% |
| Financial debts | 170/4 | €1,364,390 | €1,454,901 | +€90,511 | +6.6% |
| Amounts payable within one year | 42/48 | €411,459 | €254,140 | -€157,319 | -38.2% |
| Current portion of amounts payable after more than one year | 42 | €106,425 | €109,489 | +€3,064 | +2.9% |
| Trade debts | 44 | €228,889 | €71,052 | -€157,837 | -69.0% |
| Suppliers | 440/4 | €228,889 | €71,052 | -€157,837 | -69.0% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | - | €9,099 | +€9,099 | |
| Taxes | 450/3 | - | €9,099 | +€9,099 | |
| Other amounts payable | 47/48 | €76,145 | €64,500 | -€11,645 | -15.3% |
| Accrued charges and deferred income | 492/3 | €62 | €3,803 | +€3,741 | +6,034% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €92,272 | €92,778 | +€506 | +0.5% |
| Other operating charges | 640/8 | €10,716 | €12,049 | +€1,333 | +12.4% |
| Gross operating margin | 9900 | €136,949 | €134,594 | -€2,355 | -1.7% |
| Operating profit (loss) | 9901 | €33,960 | €29,766 | -€4,194 | -12.3% |
| Financial income | 75/76B | €33 | €2 | -€31 | -94.0% |
| Recurring financial income | 75 | €33 | €2 | -€31 | -94.0% |
| Financial charges | 65/66B | €45,526 | €53,815 | +€8,288 | +18.2% |
| Recurring financial charges | 65 | €45,526 | €53,815 | +€8,288 | +18.2% |
| Profit (loss) for the period before taxes | 9903 | -€11,533 | -€24,047 | -€12,513 | -108% |
| Profit (loss) for the period | 9904 | -€11,533 | -€24,047 | -€12,513 | -108% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,533 | -€24,047 | -€12,513 | -108% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.