Bouwonderneming Koen Tyvaert: 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.
Bouwonderneming Koen Tyvaert
Largest movements
- Tangible fixed assets +€58,537
up €58,537 (+1,130%), from €5,181 to €63,718
- Cash -€21,691
down €21,691 (-10.5%), from €206,549 to €184,858
mainly Investment in fixed assets (net) (-€60,304) and Trade debts (-€3,885)
- Current investments -€16,112
down €16,112 (-19.9%), from €80,800 to €64,688
- Reserves +€32,481
up €32,481 (+17.9%), from €181,353 to €213,834
- Trade debts -€3,885
down €3,885 (-90.2%), from €4,309 to €424
- Debts after one year -€3,308
down €3,308 (-91.9%), from €3,599 to €291
- Gross operating margin -€58,605
down €58,605 (-54.5%), from €107,621 to €49,016
- Staff costs -€48,409
down €48,409 (-99.8%), from €48,499 to €90
- Taxes -€2,973
down €2,973 (-15.4%), from €19,288 to €16,315
- Financial income +€1,237
up €1,237 (+174%), from €709 to €1,947
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 | €298,892 | €321,330 | +€22,438 | +7.5% |
| Fixed assets | 21/28 | €5,206 | €63,718 | +€58,512 | +1,124% |
| Tangible fixed assets | 22/27 | €5,181 | €63,718 | +€58,537 | +1,130% |
| Furniture and vehicles | 24 | €5,181 | €63,718 | +€58,537 | +1,130% |
| Financial fixed assets | 28 | €25 | - | -€25 | |
| Current assets | 29/58 | €293,686 | €257,612 | -€36,074 | -12.3% |
| Amounts receivable within one year | 40/41 | €6,337 | €8,067 | +€1,729 | +27.3% |
| Trade receivables | 40 | €4,435 | €372 | -€4,063 | -91.6% |
| Other amounts receivable | 41 | €1,903 | €7,695 | +€5,792 | +304% |
| Current investments | 50/53 | €80,800 | €64,688 | -€16,112 | -19.9% |
| Cash at bank and in hand | 54/58 | €206,549 | €184,858 | -€21,691 | -10.5% |
| Total equity and liabilities | 10/49 | €298,892 | €321,330 | +€22,438 | +7.5% |
| Equity | 10/15 | €280,353 | €312,834 | +€32,481 | +11.6% |
| Contributions | 10/11 | €99,000 | €99,000 | = | 0.0% |
| Reserves | 13 | €181,353 | €213,834 | +€32,481 | +17.9% |
| Distributable reserves | 133 | €181,353 | €213,834 | +€32,481 | +17.9% |
| Amounts payable | 17/49 | €18,539 | €8,496 | -€10,043 | -54.2% |
| Amounts payable after more than one year | 17 | €3,599 | €291 | -€3,308 | -91.9% |
| Other amounts payable | 178/9 | €3,599 | €291 | -€3,308 | -91.9% |
| Amounts payable within one year | 42/48 | €14,940 | €8,205 | -€6,735 | -45.1% |
| Trade debts | 44 | €4,309 | €424 | -€3,885 | -90.2% |
| Suppliers | 440/4 | €4,309 | €424 | -€3,885 | -90.2% |
| Taxes, remuneration and social security | 45 | €10,631 | €7,781 | -€2,850 | -26.8% |
| Taxes | 450/3 | €7,827 | €7,781 | -€46 | -0.6% |
| Remuneration and social security | 454/9 | €2,804 | - | -€2,804 | |
| Non-recurring operating income | 76A | - | €15,000 | +€15,000 | |
| Remuneration, social security and pensions | 62 | €48,499 | €90 | -€48,409 | -99.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,362 | €1,792 | +€430 | +31.5% |
| Other operating charges | 640/8 | €379 | €227 | -€152 | -40.0% |
| Gross operating margin | 9900 | €107,621 | €49,016 | -€58,605 | -54.5% |
| Operating profit (loss) | 9901 | €57,381 | €46,906 | -€10,474 | -18.3% |
| Financial income | 75/76B | €709 | €1,947 | +€1,237 | +174% |
| Recurring financial income | 75 | €709 | €1,947 | +€1,237 | +174% |
| Financial charges | 65/66B | €60 | €57 | -€3 | -5.0% |
| Recurring financial charges | 65 | €60 | €57 | -€3 | -5.0% |
| Profit (loss) for the period before taxes | 9903 | €58,029 | €48,795 | -€9,234 | -15.9% |
| Income taxes | 67/77 | €19,288 | €16,315 | -€2,973 | -15.4% |
| Profit (loss) for the period | 9904 | €38,742 | €32,481 | -€6,261 | -16.2% |
| Profit (loss) for the period to be appropriated | 9905 | €38,742 | €32,481 | -€6,261 | -16.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.