DE KIEVIT: 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.
DE KIEVIT
Largest movements
- Tangible fixed assets -€16,547
down €16,547 (-1.9%), from €860,750 to €844,204
of which Land and buildings: -€15,931
- Other debts -€17,728
down €17,728 (-26.2%), from €67,656 to €49,927
- Gross operating margin +€623
up €623 (+5.8%), from €10,782 to €11,405
- Other operating charges +€214
up €214 (+8.2%), from €2,603 to €2,816
From the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,040,770 | €1,024,204 | -€16,566 | -1.6% |
| Fixed assets | 21/28 | €860,750 | €844,204 | -€16,547 | -1.9% |
| Tangible fixed assets | 22/27 | €860,750 | €844,204 | -€16,547 | -1.9% |
| Land and buildings | 22 | €859,827 | €843,896 | -€15,931 | -1.9% |
| Plant, machinery and equipment | 23 | €923 | €308 | -€616 | -66.7% |
| Current assets | 29/58 | €180,020 | €180,000 | -€20 | 0.0% |
| Amounts receivable within one year | 40/41 | €180,000 | €180,000 | = | 0.0% |
| Other amounts receivable | 41 | €180,000 | €180,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €20 | - | -€20 | |
| Total equity and liabilities | 10/49 | €1,040,770 | €1,024,204 | -€16,566 | -1.6% |
| Equity | 10/15 | €973,114 | €974,259 | +€1,145 | +0.1% |
| Contributions | 10/11 | €1,073,000 | €1,073,000 | = | 0.0% |
| Capital | 10 | €1,073,000 | €1,073,000 | = | 0.0% |
| Issued capital | 100 | €1,073,000 | €1,073,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€99,886 | -€98,741 | +€1,145 | +1.1% |
| Amounts payable | 17/49 | €67,656 | €49,944 | -€17,711 | -26.2% |
| Amounts payable within one year | 42/48 | €67,656 | €49,944 | -€17,711 | -26.2% |
| Financial debts | 43 | - | €17 | +€17 | |
| Credit institutions | 430/8 | - | €17 | +€17 | |
| Other amounts payable | 47/48 | €67,656 | €49,927 | -€17,728 | -26.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,273 | €8,273 | = | 0.0% |
| Other operating charges | 640/8 | €2,603 | €2,816 | +€214 | +8.2% |
| Gross operating margin | 9900 | €10,782 | €11,405 | +€623 | +5.8% |
| Operating profit (loss) | 9901 | -€94 | €316 | +€409 | |
| Financial charges | 65/66B | €71 | €71 | +€1 | +0.9% |
| Recurring financial charges | 65 | €71 | €71 | +€1 | +0.9% |
| Profit (loss) for the period before taxes | 9903 | -€164 | €244 | +€409 | |
| Profit (loss) for the period | 9904 | -€164 | €244 | +€409 | |
| Profit (loss) for the period to be appropriated | 9905 | -€164 | €244 | +€409 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.