De Kracht: 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 Kracht
Largest movements
- Tangible fixed assets -€34,202
down €34,202 (-14.5%), from €236,090 to €201,888
of which Land and buildings: -€31,251
- Deferred charges and accrued income +€4,901
up €4,901 (+227%), from €2,155 to €7,056
- Receivables within one year +€4,308
up €4,308 (+18.7%), from €23,096 to €27,403
of which Other amounts receivable: +€6,162
- Cash +€4,246
up €4,246 (+36.4%), from €11,665 to €15,910
mainly Depreciation (+€44,796) and Current portion of long-term debt (+€3,003)
- Debts after one year -€19,856
down €19,856 (-8.8%), from €226,841 to €206,984
- Trade debts -€4,053
down €4,053 (-46.2%), from €8,772 to €4,719
- Current portion of long-term debt +€3,003
up €3,003 (+11.2%), from €26,829 to €29,832
- Financial charges -€13,836
down €13,836 (-52.3%), from €26,452 to €12,616
- Gross operating margin +€5,804
up €5,804 (+10.1%), from €57,362 to €63,167
- Depreciation +€1,590
up €1,590 (+3.7%), from €43,206 to €44,796
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 | €273,004 | €252,257 | -€20,747 | -7.6% |
| Fixed assets | 21/28 | €236,090 | €201,888 | -€34,202 | -14.5% |
| Tangible fixed assets | 22/27 | €236,090 | €201,888 | -€34,202 | -14.5% |
| Land and buildings | 22 | €187,506 | €156,255 | -€31,251 | -16.7% |
| Plant, machinery and equipment | 23 | €5,300 | €4,982 | -€317 | -6.0% |
| Furniture and vehicles | 24 | €43,283 | €32,422 | -€10,861 | -25.1% |
| Leasing and similar rights | 25 | - | €8,228 | +€8,228 | |
| Current assets | 29/58 | €36,915 | €50,370 | +€13,455 | +36.4% |
| Amounts receivable within one year | 40/41 | €23,096 | €27,403 | +€4,308 | +18.7% |
| Trade receivables | 40 | €9,498 | €7,644 | -€1,854 | -19.5% |
| Other amounts receivable | 41 | €13,597 | €19,759 | +€6,162 | +45.3% |
| Cash at bank and in hand | 54/58 | €11,665 | €15,910 | +€4,246 | +36.4% |
| Deferred charges and accrued income | 490/1 | €2,155 | €7,056 | +€4,901 | +227% |
| Total equity and liabilities | 10/49 | €273,004 | €252,257 | -€20,747 | -7.6% |
| Equity | 10/15 | €9,671 | €9,931 | +€260 | +2.7% |
| Contributions | 10/11 | €41,832 | €41,832 | = | 0.0% |
| Reserves | 13 | €422 | €422 | = | 0.0% |
| Non-distributable reserves | 130/1 | €422 | €422 | = | 0.0% |
| Reserves not available under the articles | 1311 | €422 | €422 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€32,583 | -€32,323 | +€260 | +0.8% |
| Amounts payable | 17/49 | €263,333 | €242,326 | -€21,007 | -8.0% |
| Amounts payable after more than one year | 17 | €226,841 | €206,984 | -€19,856 | -8.8% |
| Financial debts | 170/4 | €226,841 | €206,984 | -€19,856 | -8.8% |
| Amounts payable within one year | 42/48 | €35,624 | €34,551 | -€1,074 | -3.0% |
| Current portion of amounts payable after more than one year | 42 | €26,829 | €29,832 | +€3,003 | +11.2% |
| Trade debts | 44 | €8,772 | €4,719 | -€4,053 | -46.2% |
| Suppliers | 440/4 | €8,772 | €4,719 | -€4,053 | -46.2% |
| Taxes, remuneration and social security | 45 | €23 | €0 | -€23 | -100% |
| Taxes | 450/3 | €23 | €0 | -€23 | -100% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €868 | €791 | -€77 | -8.9% |
| Remuneration, social security and pensions | 62 | -€56 | €0 | +€56 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,206 | €44,796 | +€1,590 | +3.7% |
| Other operating charges | 640/8 | €6,088 | €6,340 | +€251 | +4.1% |
| Gross operating margin | 9900 | €57,362 | €63,167 | +€5,804 | +10.1% |
| Operating profit (loss) | 9901 | €8,124 | €12,031 | +€3,907 | +48.1% |
| Financial income | 75/76B | €707 | €845 | +€138 | +19.6% |
| Recurring financial income | 75 | €707 | €845 | +€138 | +19.6% |
| Financial charges | 65/66B | €26,452 | €12,616 | -€13,836 | -52.3% |
| Recurring financial charges | 65 | €26,452 | €12,616 | -€13,836 | -52.3% |
| Profit (loss) for the period before taxes | 9903 | -€17,622 | €260 | +€17,882 | |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€17,622 | €260 | +€17,882 | |
| Profit (loss) for the period to be appropriated | 9905 | -€17,622 | €260 | +€17,882 |
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 23 October 2026 via checked.be.