DE KOLK: 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 KOLK
Largest movements
- Current investments -€200,000
down €200,000 (-100%), from €200,000 to €0
- Cash +€196,904
up €196,904 (+684%), from €28,796 to €225,699
mainly Current investments (+€200,000) and Depreciation (+€9,425)
- Tangible fixed assets +€6,130
up €6,130 (+11.8%), from €52,106 to €58,236
of which Land and buildings: +€7,058
- Reserves +€8,801
up €8,801 (+10.8%), from €81,448 to €90,249
of which Distributable reserves: +€8,801
- Other debts -€7,931
down €7,931 (-6.4%), from €124,627 to €116,696
- Depreciation -€9,876
down €9,876 (-51.2%), from €19,301 to €9,425
- Gross operating margin -€7,918
down €7,918 (-21.4%), from €37,007 to €29,088
- Financial income -€1,760
down €1,760 (-34.7%), from €5,072 to €3,312
- Financial charges -€1,042
down €1,042 (-11.0%), from €9,458 to €8,417
- Other operating charges +€704
up €704 (+53.1%), from €1,325 to €2,028
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 | €281,758 | €284,199 | +€2,441 | +0.9% |
| Fixed assets | 21/28 | €52,106 | €58,236 | +€6,130 | +11.8% |
| Tangible fixed assets | 22/27 | €52,106 | €58,236 | +€6,130 | +11.8% |
| Land and buildings | 22 | €51,179 | €58,236 | +€7,058 | +13.8% |
| Furniture and vehicles | 24 | €928 | €0 | -€928 | -100% |
| Current assets | 29/58 | €229,651 | €225,963 | -€3,689 | -1.6% |
| Amounts receivable within one year | 40/41 | €856 | €263 | -€592 | -69.2% |
| Other amounts receivable | 41 | €856 | €263 | -€592 | -69.2% |
| Current investments | 50/53 | €200,000 | €0 | -€200,000 | -100% |
| Cash at bank and in hand | 54/58 | €28,796 | €225,699 | +€196,904 | +684% |
| Total equity and liabilities | 10/49 | €281,758 | €284,199 | +€2,441 | +0.9% |
| Equity | 10/15 | €152,352 | €161,152 | +€8,801 | +5.8% |
| Contributions | 10/11 | €70,903 | €70,903 | = | 0.0% |
| Capital | 10 | €70,903 | €70,903 | = | 0.0% |
| Issued capital | 100 | €70,903 | €70,903 | = | 0.0% |
| Reserves | 13 | €81,448 | €90,249 | +€8,801 | +10.8% |
| Non-distributable reserves | 130/1 | €14,590 | €14,590 | = | 0.0% |
| Legal reserve | 130 | €14,590 | €14,590 | = | 0.0% |
| Distributable reserves | 133 | €66,858 | €75,659 | +€8,801 | +13.2% |
| Amounts payable | 17/49 | €129,406 | €123,047 | -€6,360 | -4.9% |
| Amounts payable within one year | 42/48 | €129,406 | €122,319 | -€7,087 | -5.5% |
| Trade debts | 44 | €0 | €38 | +€38 | |
| Suppliers | 440/4 | €0 | €38 | +€38 | |
| Taxes, remuneration and social security | 45 | €4,780 | €5,586 | +€806 | +16.9% |
| Taxes | 450/3 | €4,780 | €5,586 | +€806 | +16.9% |
| Other amounts payable | 47/48 | €124,627 | €116,696 | -€7,931 | -6.4% |
| Accrued charges and deferred income | 492/3 | €0 | €727 | +€727 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,301 | €9,425 | -€9,876 | -51.2% |
| Other operating charges | 640/8 | €1,325 | €2,028 | +€704 | +53.1% |
| Gross operating margin | 9900 | €37,007 | €29,088 | -€7,918 | -21.4% |
| Operating profit (loss) | 9901 | €16,381 | €17,636 | +€1,254 | +7.7% |
| Financial income | 75/76B | €5,072 | €3,312 | -€1,760 | -34.7% |
| Recurring financial income | 75 | €5,072 | €3,312 | -€1,760 | -34.7% |
| Financial charges | 65/66B | €9,458 | €8,417 | -€1,042 | -11.0% |
| Recurring financial charges | 65 | €9,458 | €8,417 | -€1,042 | -11.0% |
| Profit (loss) for the period before taxes | 9903 | €11,995 | €12,531 | +€536 | +4.5% |
| Income taxes | 67/77 | €3,752 | €3,730 | -€22 | -0.6% |
| Profit (loss) for the period | 9904 | €8,243 | €8,801 | +€558 | +6.8% |
| Profit (loss) for the period to be appropriated | 9905 | €8,243 | €8,801 | +€558 | +6.8% |
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 20 October 2026 via checked.be.