DE KONINCK: 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 KONINCK
Largest movements
- Receivables after one year -€35,763
down €35,763 (-100%), from €35,763 to €0
- Cash +€29,357
up €29,357 (+142%), from €20,727 to €50,084
mainly Receivables after one year (+€35,763) and Net result for the year (+€22,129)
- Receivables within one year +€15,914
up €15,914 (+35.8%), from €44,477 to €60,391
of which Trade receivables: +€10,492
- Stocks and contracts +€6,265
up €6,265 (+36.7%), from €17,059 to €23,324
- Deferred charges and accrued income -€5,202
down €5,202 (-53.5%), from €9,728 to €4,526
- Profit (loss) carried forward -€30,000
down €30,000 (-29.7%), from €101,083 to €71,083
- Reserves +€22,129
up €22,129 (+1,190%), from €1,860 to €23,989
- Other debts +€15,000
up €15,000 (+100%), from €15,000 to €30,000
- Tax, wage and social debts +€10,978
up €10,978 (+124%), from €8,874 to €19,852
of which Taxes: +€7,457
- Trade debts -€7,337
down €7,337 (-76.8%), from €9,551 to €2,215
- Gross operating margin +€15,819
up €15,819 (+15.4%), from €102,870 to €118,690
- Taxes +€5,360
up €5,360 (+107%), from €5,007 to €10,367
- Depreciation -€3,560
down €3,560 (-28.1%), from €12,663 to €9,103
- Staff costs +€1,632
up €1,632 (+2.2%), from €73,239 to €74,871
- Other operating charges +€1,342
up €1,342 (+64.0%), from €2,097 to €3,439
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 | €152,727 | €159,639 | +€6,912 | +4.5% |
| Fixed assets | 21/28 | €24,974 | €21,314 | -€3,659 | -14.7% |
| Tangible fixed assets | 22/27 | €24,726 | €21,066 | -€3,659 | -14.8% |
| Land and buildings | 22 | €6,203 | €4,292 | -€1,911 | -30.8% |
| Plant, machinery and equipment | 23 | €2,896 | €3,259 | +€363 | +12.5% |
| Furniture and vehicles | 24 | €7,841 | €3,382 | -€4,459 | -56.9% |
| Other tangible fixed assets | 26 | €7,785 | €10,133 | +€2,347 | +30.1% |
| Financial fixed assets | 28 | €248 | €248 | = | 0.0% |
| Current assets | 29/58 | €127,754 | €138,325 | +€10,571 | +8.3% |
| Amounts receivable after more than one year | 29 | €35,763 | €0 | -€35,763 | -100% |
| Other amounts receivable | 291 | €35,763 | €0 | -€35,763 | -100% |
| Stocks and contracts in progress | 3 | €17,059 | €23,324 | +€6,265 | +36.7% |
| Stocks | 30/36 | €17,059 | €23,324 | +€6,265 | +36.7% |
| Amounts receivable within one year | 40/41 | €44,477 | €60,391 | +€15,914 | +35.8% |
| Trade receivables | 40 | €40,256 | €50,748 | +€10,492 | +26.1% |
| Other amounts receivable | 41 | €4,221 | €9,643 | +€5,422 | +128% |
| Cash at bank and in hand | 54/58 | €20,727 | €50,084 | +€29,357 | +142% |
| Deferred charges and accrued income | 490/1 | €9,728 | €4,526 | -€5,202 | -53.5% |
| Total equity and liabilities | 10/49 | €152,727 | €159,639 | +€6,912 | +4.5% |
| Equity | 10/15 | €115,443 | €107,573 | -€7,871 | -6.8% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Reserves | 13 | €1,860 | €23,989 | +€22,129 | +1,190% |
| Distributable reserves | 133 | €1,860 | €23,989 | +€22,129 | +1,190% |
| Profit (loss) carried forward | 14 | €101,083 | €71,083 | -€30,000 | -29.7% |
| Amounts payable | 17/49 | €37,284 | €52,066 | +€14,783 | +39.6% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €35,584 | €52,066 | +€16,483 | +46.3% |
| Current portion of amounts payable after more than one year | 42 | €2,158 | €0 | -€2,158 | -100% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €9,551 | €2,215 | -€7,337 | -76.8% |
| Suppliers | 440/4 | €9,551 | €2,215 | -€7,337 | -76.8% |
| Taxes, remuneration and social security | 45 | €8,874 | €19,852 | +€10,978 | +124% |
| Taxes | 450/3 | €5,265 | €12,722 | +€7,457 | +142% |
| Remuneration and social security | 454/9 | €3,609 | €7,130 | +€3,520 | +97.5% |
| Other amounts payable | 47/48 | €15,000 | €30,000 | +€15,000 | +100% |
| Accrued charges and deferred income | 492/3 | €1,700 | €0 | -€1,700 | -100% |
| Non-recurring operating income | 76A | €10,661 | €0 | -€10,661 | -100% |
| Remuneration, social security and pensions | 62 | €73,239 | €74,871 | +€1,632 | +2.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,663 | €9,103 | -€3,560 | -28.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €2,097 | €3,439 | +€1,342 | +64.0% |
| Gross operating margin | 9900 | €102,870 | €118,690 | +€15,819 | +15.4% |
| Operating profit (loss) | 9901 | €14,872 | €31,277 | +€16,406 | +110% |
| Financial income | 75/76B | €4,984 | €3,805 | -€1,179 | -23.7% |
| Recurring financial income | 75 | €4,984 | €3,805 | -€1,179 | -23.7% |
| Financial charges | 65/66B | €2,179 | €2,586 | +€407 | +18.7% |
| Recurring financial charges | 65 | €2,179 | €2,586 | +€407 | +18.7% |
| Profit (loss) for the period before taxes | 9903 | €17,676 | €32,496 | +€14,819 | +83.8% |
| Income taxes | 67/77 | €5,007 | €10,367 | +€5,360 | +107% |
| Profit (loss) for the period | 9904 | €12,670 | €22,129 | +€9,459 | +74.7% |
| Profit (loss) for the period to be appropriated | 9905 | €12,670 | €22,129 | +€9,459 | +74.7% |
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 31 October 2026 via checked.be.