De Kring: what changed
Two fiscal 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 Kring
Largest movements
- Tangible fixed assets -€2,784
down €2,784 (-8.7%), from €32,092 to €29,308
of which Land and buildings: -€2,100
- Deferred charges and accrued income -€2,140
down €2,140 (-100.0%), from €2,140 to €0
- Cash +€2,136
up €2,136 (+14.6%), from €14,595 to €16,731
mainly Depreciation (+€2,784) and Deferred charges and accrued income (+€2,140)
- Receivables within one year -€503
no longer reported in 2025 (was €503)
of which Trade receivables: -€500
- Trade debts -€2,140
down €2,140 (-36.5%), from €5,865 to €3,725
- Profit (loss) carried forward -€1,338
down €1,338 (-13.1%), from -€10,244 to -€11,582
- Gross operating margin -€1,845
down €1,845 (-30.4%), from €6,074 to €4,229
- Other operating charges -€102
down €102 (-3.5%), from €2,901 to €2,799
- Depreciation +€90
up €90 (+3.3%), from €2,694 to €2,784
- Financial charges -€84
down €84 (-77.8%), from €108 to €24
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.
Cash bridge derived
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 | €49,330 | €46,039 | -€3,291 | -6.7% |
| Fixed assets | 21/28 | €32,092 | €29,308 | -€2,784 | -8.7% |
| Tangible fixed assets | 22/27 | €32,092 | €29,308 | -€2,784 | -8.7% |
| Land and buildings | 22 | €29,969 | €27,869 | -€2,100 | -7.0% |
| Plant, machinery and equipment | 23 | €583 | €129 | -€454 | -77.9% |
| Furniture and vehicles | 24 | €1,540 | €1,310 | -€230 | -14.9% |
| Current assets | 29/58 | €17,238 | €16,731 | -€507 | -2.9% |
| Amounts receivable within one year | 40/41 | €503 | - | -€503 | |
| Trade receivables | 40 | €500 | - | -€500 | |
| Other amounts receivable | 41 | €3 | - | -€3 | |
| Cash at bank and in hand | 54/58 | €14,595 | €16,731 | +€2,136 | +14.6% |
| Deferred charges and accrued income | 490/1 | €2,140 | €0 | -€2,140 | -100.0% |
| Total equity and liabilities | 10/49 | €49,330 | €46,039 | -€3,291 | -6.7% |
| Equity | 10/15 | €35,916 | €34,578 | -€1,338 | -3.7% |
| Contributions | 10/11 | €21,300 | €21,300 | = | 0.0% |
| Reserves | 13 | €24,860 | €24,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €23,000 | €23,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,244 | -€11,582 | -€1,338 | -13.1% |
| Amounts payable | 17/49 | €13,414 | €11,461 | -€1,953 | -14.6% |
| Amounts payable after more than one year | 17 | €6,897 | €6,897 | = | 0.0% |
| Other amounts payable | 178/9 | €6,897 | €6,897 | = | 0.0% |
| Amounts payable within one year | 42/48 | €6,517 | €4,564 | -€1,953 | -30.0% |
| Trade debts | 44 | €5,865 | €3,725 | -€2,140 | -36.5% |
| Suppliers | 440/4 | €5,865 | €3,725 | -€2,140 | -36.5% |
| Taxes, remuneration and social security | 45 | €380 | €638 | +€258 | +67.9% |
| Taxes | 450/3 | €380 | €638 | +€258 | +67.9% |
| Other amounts payable | 47/48 | €272 | €201 | -€71 | -26.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,694 | €2,784 | +€90 | +3.3% |
| Other operating charges | 640/8 | €2,901 | €2,799 | -€102 | -3.5% |
| Gross operating margin | 9900 | €6,074 | €4,229 | -€1,845 | -30.4% |
| Operating profit (loss) | 9901 | €479 | -€1,354 | -€1,833 | |
| Financial income | 75/76B | €10 | €40 | +€30 | +300.0% |
| Recurring financial income | 75 | €10 | €40 | +€30 | +300.0% |
| Financial charges | 65/66B | €108 | €24 | -€84 | -77.8% |
| Recurring financial charges | 65 | €108 | €24 | -€84 | -77.8% |
| Profit (loss) for the period before taxes | 9903 | €381 | -€1,338 | -€1,719 | |
| Profit (loss) for the period | 9904 | €381 | -€1,338 | -€1,719 | |
| Profit (loss) for the period to be appropriated | 9905 | €381 | -€1,338 | -€1,719 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.