BJORN MOERKERKE: what changed
What changed
BJORN MOERKERKE
NACE 43.331, Floor and wall tiling
filed annual accounts (NBB)
Net result for the year
€3,929
2024 · €32,590-€28,661
Equity
€164,540
2024 · €160,611+€3,929
Cash
€20,918
2024 · €90,726-€69,808
Balance sheet total
€362,526
2024 · €387,527-€25,001
Largest movements
Assets
- Cash -€69,808
down €69,808 (-76.9%), from €90,726 to €20,918
mainly Current investments (-€50,000) and Debts after one year (-€15,428)
- Current investments +€50,000
new in 2025: €50,000
- Tangible fixed assets -€9,027
down €9,027 (-4.7%), from €191,139 to €182,112
of which Land and buildings: -€9,829
- Stocks and contracts +€8,725
up €8,725 (+91.6%), from €9,525 to €18,250
Equity and liabilities
- Debts after one year -€15,428
down €15,428 (-10.0%), from €154,239 to €138,811
- Trade debts -€9,644
down €9,644 (-19.5%), from €49,577 to €39,934
- Current portion of long-term debt -€4,013
down €4,013 (-20.6%), from €19,440 to €15,428
- Reserves +€3,929
up €3,929 (+7.8%), from €50,128 to €54,057
of which Distributable reserves: +€3,929
Income statement
- Gross operating margin -€49,118
down €49,118 (-31.4%), from €156,506 to €107,388
- Other operating charges -€20,986
down €20,986 (-86.0%), from €24,393 to €3,407
- Staff costs -€10,529
down €10,529 (-13.7%), from €76,780 to €66,251
- Depreciation +€7,131
up €7,131 (+134%), from €5,312 to €12,443
- Taxes +€5,393
up €5,393 (+53.9%), from €10,000 to €15,393
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
€32,590
Gross operating margin
-€49,118
Staff costs
+€10,529
Depreciation
-€7,131
Other operating charges
+€20,986
Financial income
-€731
Financial charges
+€2,197
Taxes
-€5,393
Result 2025
€3,929
raises the resultlowers 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
-€1,553
Investment
-€52,200
Financing
-€16,055
Cash 2024
€90,726
From operations (derived)
-€1,553
Net result for the year
+€3,929
Depreciation
+€12,443
Stocks and contracts
-€8,725
Receivables within one year
+€549
Deferred charges and accrued income
+€3,125
Trade debts
-€9,644
Tax, wage and social debts
-€3,231
Investment (derived)
-€52,200
Investment in fixed assets (net)
-€2,200
Current investments
-€50,000
Financing
-€16,055
Debts after one year
-€15,428
Current portion of long-term debt
-€4,013
Short-term financial debts
+€3,385
Cash 2025
€20,918
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €387,527 | €362,526 | -€25,001 | -6.5% |
| Fixed assets | 21/28 | €192,356 | €182,113 | -€10,243 | -5.3% |
| Intangible fixed assets | 21 | €1 | €1 | = | 0.0% |
| Tangible fixed assets | 22/27 | €191,139 | €182,112 | -€9,027 | -4.7% |
| Land and buildings | 22 | €181,375 | €171,546 | -€9,829 | -5.4% |
| Plant, machinery and equipment | 23 | €927 | €735 | -€193 | -20.8% |
| Furniture and vehicles | 24 | €8,837 | €9,831 | +€994 | +11.2% |
| Financial fixed assets | 28 | €1,216 | - | -€1,216 | |
| Current assets | 29/58 | €195,170 | €180,413 | -€14,757 | -7.6% |
| Stocks and contracts in progress | 3 | €9,525 | €18,250 | +€8,725 | +91.6% |
| Stocks | 30/36 | €9,525 | €18,250 | +€8,725 | +91.6% |
| Amounts receivable within one year | 40/41 | €91,795 | €91,245 | -€549 | -0.6% |
| Trade receivables | 40 | €57,944 | €73,367 | +€15,423 | +26.6% |
| Other amounts receivable | 41 | €33,851 | €17,878 | -€15,973 | -47.2% |
| Current investments | 50/53 | - | €50,000 | +€50,000 | |
| Cash at bank and in hand | 54/58 | €90,726 | €20,918 | -€69,808 | -76.9% |
| Deferred charges and accrued income | 490/1 | €3,125 | - | -€3,125 | |
| Total equity and liabilities | 10/49 | €387,527 | €362,526 | -€25,001 | -6.5% |
| Equity | 10/15 | €160,611 | €164,540 | +€3,929 | +2.4% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Reserves | 13 | €50,128 | €54,057 | +€3,929 | +7.8% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €48,273 | €52,202 | +€3,929 | +8.1% |
| Profit (loss) carried forward | 14 | €97,983 | €97,983 | = | 0.0% |
| Amounts payable | 17/49 | €226,916 | €197,986 | -€28,930 | -12.7% |
| Amounts payable after more than one year | 17 | €154,239 | €138,811 | -€15,428 | -10.0% |
| Financial debts | 170/4 | €154,239 | €138,811 | -€15,428 | -10.0% |
| Amounts payable within one year | 42/48 | €72,677 | €59,175 | -€13,502 | -18.6% |
| Current portion of amounts payable after more than one year | 42 | €19,440 | €15,428 | -€4,013 | -20.6% |
| Financial debts | 43 | - | €3,385 | +€3,385 | |
| Credit institutions | 430/8 | - | €3,385 | +€3,385 | |
| Trade debts | 44 | €49,577 | €39,934 | -€9,644 | -19.5% |
| Suppliers | 440/4 | €49,577 | €39,934 | -€9,644 | -19.5% |
| Taxes, remuneration and social security | 45 | €3,659 | €428 | -€3,231 | -88.3% |
| Taxes | 450/3 | €2,387 | €428 | -€1,959 | -82.1% |
| Remuneration and social security | 454/9 | €1,273 | - | -€1,273 | |
| Remuneration, social security and pensions | 62 | €76,780 | €66,251 | -€10,529 | -13.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,312 | €12,443 | +€7,131 | +134% |
| Other operating charges | 640/8 | €24,393 | €3,407 | -€20,986 | -86.0% |
| Gross operating margin | 9900 | €156,506 | €107,388 | -€49,118 | -31.4% |
| Operating profit (loss) | 9901 | €50,021 | €25,288 | -€24,734 | -49.4% |
| Financial income | 75/76B | €2,842 | €2,111 | -€731 | -25.7% |
| Recurring financial income | 75 | €2,842 | €2,111 | -€731 | -25.7% |
| Financial charges | 65/66B | €10,274 | €8,077 | -€2,197 | -21.4% |
| Recurring financial charges | 65 | €10,274 | €8,077 | -€2,197 | -21.4% |
| Profit (loss) for the period before taxes | 9903 | €42,590 | €19,322 | -€23,268 | -54.6% |
| Income taxes | 67/77 | €10,000 | €15,393 | +€5,393 | +53.9% |
| Profit (loss) for the period | 9904 | €32,590 | €3,929 | -€28,661 | -87.9% |
| Profit (loss) for the period to be appropriated | 9905 | €32,590 | €3,929 | -€28,661 | -87.9% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
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.