BROUWERIJ KERKOM: 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.
BROUWERIJ KERKOM
Largest movements
- Receivables within one year +€20,831
up €20,831 (+110%), from €18,887 to €39,718
of which Trade receivables: +€20,831
- Cash +€6,032
up €6,032 (+12,601%), from €48 to €6,080
mainly Tax, wage and social debts (+€24,630) and Net result for the year (+€14,949)
- Tangible fixed assets -€3,023
down €3,023 (-5.7%), from €53,041 to €50,018
of which Land and buildings: -€3,056
- Deferred charges and accrued income -€2,434
no longer reported in 2025 (was €2,434)
- Stocks and contracts -€2,173
down €2,173 (-19.2%), from €11,322 to €9,149
- Other debts -€28,510
down €28,510 (-36.8%), from €77,383 to €48,873
- Tax, wage and social debts +€24,630
up €24,630 (+49.5%), from €49,746 to €74,376
of which Taxes: +€26,403
- Profit (loss) carried forward +€14,949
up €14,949 (+4.9%), from -€303,698 to -€288,749
- Trade debts +€14,545
up €14,545 (+19.8%), from €73,278 to €87,823
- Accrued charges and deferred income -€6,380
down €6,380 (-11.2%), from €57,129 to €50,749
- Staff costs +€89,348
up €89,348 (+184%), from €48,439 to €137,787
- Gross operating margin +€77,724
up €77,724 (+92.7%), from €83,886 to €161,610
- Financial income +€6,145
up €6,145 (+82,481%), from €7 to €6,152
of which Non-recurring financial income: +€6,147
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 | €85,732 | €104,966 | +€19,233 | +22.4% |
| Fixed assets | 21/28 | €53,041 | €50,018 | -€3,023 | -5.7% |
| Tangible fixed assets | 22/27 | €53,041 | €50,018 | -€3,023 | -5.7% |
| Land and buildings | 22 | €48,646 | €45,590 | -€3,056 | -6.3% |
| Plant, machinery and equipment | 23 | €4,395 | €4,428 | +€33 | +0.7% |
| Current assets | 29/58 | €32,691 | €54,947 | +€22,256 | +68.1% |
| Stocks and contracts in progress | 3 | €11,322 | €9,149 | -€2,173 | -19.2% |
| Stocks | 30/36 | €11,322 | €9,149 | -€2,173 | -19.2% |
| Amounts receivable within one year | 40/41 | €18,887 | €39,718 | +€20,831 | +110% |
| Trade receivables | 40 | €17,686 | €38,516 | +€20,831 | +118% |
| Other amounts receivable | 41 | €1,202 | €1,202 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €48 | €6,080 | +€6,032 | +12,601% |
| Deferred charges and accrued income | 490/1 | €2,434 | - | -€2,434 | |
| Total equity and liabilities | 10/49 | €85,732 | €104,966 | +€19,233 | +22.4% |
| Equity | 10/15 | -€255,503 | -€240,555 | +€14,949 | +5.9% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Reserves | 13 | €8,194 | €8,194 | = | 0.0% |
| Tax-exempt reserves | 132 | €5,601 | €5,601 | = | 0.0% |
| Distributable reserves | 133 | €2,594 | €2,594 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€303,698 | -€288,749 | +€14,949 | +4.9% |
| Amounts payable | 17/49 | €341,236 | €345,521 | +€4,285 | +1.3% |
| Amounts payable after more than one year | 17 | €83,700 | €83,700 | = | 0.0% |
| Financial debts | 170/4 | €83,700 | €83,700 | = | 0.0% |
| Amounts payable within one year | 42/48 | €200,407 | €211,072 | +€10,665 | +5.3% |
| Trade debts | 44 | €73,278 | €87,823 | +€14,545 | +19.8% |
| Suppliers | 440/4 | €73,278 | €87,823 | +€14,545 | +19.8% |
| Taxes, remuneration and social security | 45 | €49,746 | €74,376 | +€24,630 | +49.5% |
| Taxes | 450/3 | €32,593 | €58,996 | +€26,403 | +81.0% |
| Remuneration and social security | 454/9 | €17,153 | €15,380 | -€1,773 | -10.3% |
| Other amounts payable | 47/48 | €77,383 | €48,873 | -€28,510 | -36.8% |
| Accrued charges and deferred income | 492/3 | €57,129 | €50,749 | -€6,380 | -11.2% |
| Non-recurring operating income | 76A | €946 | €11,620 | +€10,674 | +1,128% |
| Remuneration, social security and pensions | 62 | €48,439 | €137,787 | +€89,348 | +184% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,799 | €3,397 | -€402 | -10.6% |
| Other operating charges | 640/8 | €4,699 | €4,844 | +€145 | +3.1% |
| Non-recurring operating charges | 66A | €3,228 | €502 | -€2,726 | -84.5% |
| Gross operating margin | 9900 | €83,886 | €161,610 | +€77,724 | +92.7% |
| Operating profit (loss) | 9901 | €23,721 | €15,079 | -€8,641 | -36.4% |
| Financial income | 75/76B | €7 | €6,152 | +€6,145 | +82,481% |
| Recurring financial income | 75 | €7 | €5 | -€2 | -26.8% |
| Non-recurring financial income | 76B | - | €6,147 | +€6,147 | |
| Financial charges | 65/66B | €7,259 | €5,690 | -€1,569 | -21.6% |
| Recurring financial charges | 65 | €7,259 | €5,690 | -€1,569 | -21.6% |
| Profit (loss) for the period before taxes | 9903 | €16,469 | €15,541 | -€928 | -5.6% |
| Income taxes | 67/77 | €752 | €593 | -€160 | -21.2% |
| Profit (loss) for the period | 9904 | €15,717 | €14,949 | -€768 | -4.9% |
| Profit (loss) for the period to be appropriated | 9905 | €15,717 | €14,949 | -€768 | -4.9% |
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 25 October 2026 via checked.be.