DE KREKEL: 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 KREKEL
Largest movements
- Tangible fixed assets -€57,391
down €57,391 (-12.4%), from €463,862 to €406,472
- Cash +€7,268
up €7,268 (+57.1%), from €12,730 to €19,998
mainly Depreciation (+€60,465) and Deferred charges and accrued income (+€621)
- Profit (loss) carried forward -€41,242
down €41,242 (-7.6%), from -€545,704 to -€586,946
- Current portion of long-term debt -€9,041
down €9,041 (-100%), from €9,041 to €0
- Depreciation -€8,421
down €8,421 (-12.2%), from €68,886 to €60,465
- Gross operating margin -€8,220
down €8,220 (-25.9%), from €31,694 to €23,474
- Financial charges -€676
down €676 (-65.6%), from €1,030 to €354
- Other operating charges -€620
down €620 (-13.7%), from €4,517 to €3,897
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 | €480,465 | €429,722 | -€50,744 | -10.6% |
| Fixed assets | 21/28 | €465,757 | €408,367 | -€57,391 | -12.3% |
| Tangible fixed assets | 22/27 | €463,862 | €406,472 | -€57,391 | -12.4% |
| Land and buildings | 22 | €463,862 | €406,472 | -€57,391 | -12.4% |
| Financial fixed assets | 28 | €1,895 | €1,895 | = | 0.0% |
| Current assets | 29/58 | €14,708 | €21,355 | +€6,647 | +45.2% |
| Cash at bank and in hand | 54/58 | €12,730 | €19,998 | +€7,268 | +57.1% |
| Deferred charges and accrued income | 490/1 | €1,978 | €1,357 | -€621 | -31.4% |
| Total equity and liabilities | 10/49 | €480,465 | €429,722 | -€50,744 | -10.6% |
| Equity | 10/15 | -€367,096 | -€408,337 | -€41,242 | -11.2% |
| Contributions | 10/11 | €171,047 | €171,047 | = | 0.0% |
| Capital | 10 | €171,047 | €171,047 | = | 0.0% |
| Issued capital | 100 | €171,047 | €171,047 | = | 0.0% |
| Reserves | 13 | €7,562 | €7,562 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,562 | €7,562 | = | 0.0% |
| Legal reserve | 130 | €7,562 | €7,562 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€545,704 | -€586,946 | -€41,242 | -7.6% |
| Amounts payable | 17/49 | €847,561 | €838,059 | -€9,502 | -1.1% |
| Amounts payable within one year | 42/48 | €847,523 | €838,059 | -€9,464 | -1.1% |
| Current portion of amounts payable after more than one year | 42 | €9,041 | €0 | -€9,041 | -100% |
| Trade debts | 44 | €494 | €726 | +€233 | +47.1% |
| Suppliers | 440/4 | €494 | €726 | +€233 | +47.1% |
| Other amounts payable | 47/48 | €837,988 | €837,333 | -€656 | -0.1% |
| Accrued charges and deferred income | 492/3 | €38 | €0 | -€38 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €68,886 | €60,465 | -€8,421 | -12.2% |
| Other operating charges | 640/8 | €4,517 | €3,897 | -€620 | -13.7% |
| Gross operating margin | 9900 | €31,694 | €23,474 | -€8,220 | -25.9% |
| Operating profit (loss) | 9901 | -€41,709 | -€40,888 | +€821 | +2.0% |
| Financial charges | 65/66B | €1,030 | €354 | -€676 | -65.6% |
| Recurring financial charges | 65 | €1,030 | €354 | -€676 | -65.6% |
| Profit (loss) for the period before taxes | 9903 | -€42,739 | -€41,242 | +€1,498 | +3.5% |
| Profit (loss) for the period | 9904 | -€42,739 | -€41,242 | +€1,498 | +3.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€42,739 | -€41,242 | +€1,498 | +3.5% |
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 16 October 2026 via checked.be.