DE KAZERIJ: what changed
What changed
DE KAZERIJ
NACE 10.510, Manufacture of food products
filed annual accounts (NBB)
Net result for the year
€1.8m
2024 · €1.4m+€324,192
Equity
€5.6m
2024 · €4.3m+€1.4m
Cash
€631,650
2024 · €302,573+€329,077
Balance sheet total
€8.7m
2024 · €7.4m+€1.3m
Largest movements
Assets
- Receivables within one year +€1.5m
up €1.5m (+42.2%), from €3.5m to €5.0m
of which Trade receivables: +€1.4m
- Current investments -€500,000
down €500,000 (-50.0%), from €1.0m to €500,000
- Cash +€329,077
up €329,077 (+109%), from €302,573 to €631,650
mainly Net result for the year (+€1.8m) and Depreciation (+€578,340)
- Stocks and contracts +€121,502
up €121,502 (+101%), from €120,650 to €242,152
- Tangible fixed assets -€98,745
down €98,745 (-4.1%), from €2.4m to €2.3m
of which Plant, machinery and equipment: -€102,127
Equity and liabilities
- Reserves +€1.4m
up €1.4m (+39.2%), from €3.6m to €5.0m
- Debts after one year -€260,631
down €260,631 (-25.9%), from €1.0m to €744,434
- Other debts +€150,000
up €150,000 (+75.0%), from €200,000 to €350,000
- Tax, wage and social debts +€106,437
up €106,437 (+47.7%), from €223,244 to €329,681
of which Taxes: +€67,296
Income statement
- Turnover +€3.6m
up €3.6m (+21.7%), from €16.8m to €20.4m
- Goods and materials +€3.3m
up €3.3m (+26.9%), from €12.2m to €15.4m
of which Purchases: +€3.3m
- Staff costs +€300,403
up €300,403 (+31.3%), from €961,239 to €1.3m
- Services and other goods -€210,757
down €210,757 (-15.6%), from €1.4m to €1.1m
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
€1.4m
Turnover
+€3.6m
Other operating income
+€127,027
Goods and materials
-€3.3m
Services and other goods
+€210,757
Staff costs
-€300,403
Depreciation
-€41,912
Other operating charges
-€33
Financial income
+€8,058
Financial charges
+€2,431
Taxes
-€59,515
Result 2025
€1.8m
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
+€949,303
Investment
+€20,404
Financing
-€640,631
Cash 2024
€302,573
From operations (derived)
+€949,303
Net result for the year
+€1.8m
Depreciation
+€578,340
Stocks and contracts
-€121,502
Receivables within one year
-€1.5m
Smaller working-capital items
+€646
Trade debts
-€22,716
Tax, wage and social debts
+€106,437
Other debts
+€150,000
Investment (derived)
+€20,404
Investment in fixed assets (net)
-€479,596
Current investments
+€500,000
Financing
-€640,631
Debts after one year
-€260,631
Contributions, distributions and other
-€380,000
Cash 2025
€631,650
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,358,747 | €8,707,298 | +€1.3m | +18.3% |
| Fixed assets | 21/28 | €2,389,373 | €2,290,628 | -€98,745 | -4.1% |
| Tangible fixed assets | 22/27 | €2,389,373 | €2,290,628 | -€98,745 | -4.1% |
| Plant, machinery and equipment | 23 | €2,386,625 | €2,284,498 | -€102,127 | -4.3% |
| Furniture and vehicles | 24 | €2,748 | €6,131 | +€3,382 | +123% |
| Current assets | 29/58 | €4,969,374 | €6,416,670 | +€1.4m | +29.1% |
| Stocks and contracts in progress | 3 | €120,650 | €242,152 | +€121,502 | +101% |
| Stocks | 30/36 | €120,650 | €242,152 | +€121,502 | +101% |
| Goods purchased for resale | 34 | €120,650 | €242,152 | +€121,502 | +101% |
| Amounts receivable within one year | 40/41 | €3,544,749 | €5,041,790 | +€1.5m | +42.2% |
| Trade receivables | 40 | €3,494,895 | €4,901,037 | +€1.4m | +40.2% |
| Other amounts receivable | 41 | €49,854 | €140,753 | +€90,899 | +182% |
| Current investments | 50/53 | €1,000,000 | €500,000 | -€500,000 | -50.0% |
| Other investments | 51/53 | €1,000,000 | €500,000 | -€500,000 | -50.0% |
| Cash at bank and in hand | 54/58 | €302,573 | €631,650 | +€329,077 | +109% |
| Deferred charges and accrued income | 490/1 | €1,401 | €1,078 | -€323 | -23.0% |
| Total equity and liabilities | 10/49 | €7,358,747 | €8,707,298 | +€1.3m | +18.3% |
| Equity | 10/15 | €4,266,416 | €5,641,554 | +€1.4m | +32.2% |
| Contributions | 10/11 | €500,000 | €500,000 | = | 0.0% |
| Reserves | 13 | €3,586,416 | €4,991,554 | +€1.4m | +39.2% |
| Distributable reserves | 133 | €3,586,416 | €4,991,554 | +€1.4m | +39.2% |
| Investment grants | 15 | €180,000 | €150,000 | -€30,000 | -16.7% |
| Amounts payable | 17/49 | €3,092,330 | €3,065,744 | -€26,586 | -0.9% |
| Amounts payable after more than one year | 17 | €1,005,065 | €744,434 | -€260,631 | -25.9% |
| Financial debts | 170/4 | €1,005,065 | €744,434 | -€260,631 | -25.9% |
| Credit institutions | 173 | €1,005,065 | €744,434 | -€260,631 | -25.9% |
| Amounts payable within one year | 42/48 | €2,087,265 | €2,320,986 | +€233,721 | +11.2% |
| Current portion of amounts payable after more than one year | 42 | €260,631 | €260,631 | = | 0.0% |
| Trade debts | 44 | €1,403,391 | €1,380,675 | -€22,716 | -1.6% |
| Suppliers | 440/4 | €1,403,391 | €1,380,675 | -€22,716 | -1.6% |
| Taxes, remuneration and social security | 45 | €223,244 | €329,681 | +€106,437 | +47.7% |
| Taxes | 450/3 | €57,214 | €124,510 | +€67,296 | +118% |
| Remuneration and social security | 454/9 | €166,030 | €205,170 | +€39,141 | +23.6% |
| Other amounts payable | 47/48 | €200,000 | €350,000 | +€150,000 | +75.0% |
| Accrued charges and deferred income | 492/3 | - | €324 | +€324 | |
| Operating income | 70/76A | €16,813,315 | €20,584,441 | +€3.8m | +22.4% |
| Turnover | 70 | €16,793,337 | €20,437,435 | +€3.6m | +21.7% |
| Other operating income | 74 | €19,979 | €147,005 | +€127,027 | +636% |
| Operating charges | 60/66A | €14,999,685 | €18,397,594 | +€3.4m | +22.7% |
| Goods for resale, raw materials and consumables | 60 | €12,150,798 | €15,417,116 | +€3.3m | +26.9% |
| Purchases | 600/8 | €12,271,448 | €15,538,618 | +€3.3m | +26.6% |
| Change in stocks: decrease (increase) | 609 | -€120,650 | -€121,502 | -€852 | -0.7% |
| Services and other goods | 61 | €1,350,021 | €1,139,264 | -€210,757 | -15.6% |
| Remuneration, social security and pensions | 62 | €961,239 | €1,261,642 | +€300,403 | +31.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €536,429 | €578,340 | +€41,912 | +7.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €1,199 | €1,231 | +€33 | +2.7% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Operating profit (loss) | 9901 | €1,813,630 | €2,186,847 | +€373,217 | +20.6% |
| Financial income | 75/76B | €36,680 | €44,738 | +€8,058 | +22.0% |
| Recurring financial income | 75 | €36,680 | €44,738 | +€8,058 | +22.0% |
| Income from financial fixed assets | 750 | €6,680 | €14,383 | +€7,703 | +115% |
| Other financial income | 752/9 | €30,000 | €30,356 | +€356 | +1.2% |
| Financial charges | 65/66B | €14,264 | €11,832 | -€2,431 | -17.0% |
| Recurring financial charges | 65 | €14,264 | €11,832 | -€2,431 | -17.0% |
| Debt charges | 650 | €14,175 | €11,732 | -€2,443 | -17.2% |
| Other financial charges | 652/9 | €89 | €100 | +€12 | +13.4% |
| Profit (loss) for the period before taxes | 9903 | €1,836,046 | €2,219,753 | +€383,707 | +20.9% |
| Income taxes | 67/77 | €405,100 | €464,615 | +€59,515 | +14.7% |
| Taxes | 670/3 | €405,100 | €464,615 | +€59,515 | +14.7% |
| Profit (loss) for the period | 9904 | €1,430,945 | €1,755,138 | +€324,192 | +22.7% |
| Profit (loss) for the period to be appropriated | 9905 | €1,430,945 | €1,755,138 | +€324,192 | +22.7% |
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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 6 November 2026 via checked.be.