DE KRINKEL: 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.
What changed
DE KRINKEL
NACE 01.462, Crop and animal production, hunting and related service activities
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€19,449
2024 · €83,977-€64,529
Equity
€837,939
2024 · €818,490+€19,449
Cash
€68,423
2024 · €150,976-€82,553
Balance sheet total
€10.6m
2024 · €10.8m-€143,703
Largest movements
Assets
- Stocks and contracts +€538,275
new in 2025: €538,275
- Receivables within one year -€391,871
down €391,871 (-60.1%), from €652,114 to €260,243
of which Trade receivables: -€389,294
- Tangible fixed assets -€222,730
down €222,730 (-2.2%), from €10.0m to €9.7m
of which Land and buildings: -€156,142
Equity and liabilities
- Other debts +€292,821
up €292,821 (+9.0%), from €3.3m to €3.6m
- Debts after one year -€168,092
down €168,092 (-3.1%), from €5.4m to €5.2m
- Trade debts -€166,989
down €166,989 (-60.9%), from €274,132 to €107,142
- Short-term financial debts -€124,800
down €124,800 (-50.0%), from €249,800 to €125,000
of which Other loans: -€124,800
Income statement
- Gross operating margin -€77,477
down €77,477 (-7.7%), from €1.0m to €922,705
- Taxes -€21,080
down €21,080 (-65.5%), from €32,175 to €11,095
- Staff costs +€20,450
up €20,450 (+10.1%), from €202,632 to €223,083
- Other operating charges -€17,102
down €17,102 (-37.7%), from €45,351 to €28,249
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.
Result 2024
€83,977
Gross operating margin
-€77,477
Staff costs
-€20,450
Depreciation
+€563
Other operating charges
+€17,102
Other operating items
+€1,099
Financial income
+€91
Financial charges
-€6,537
Taxes
+€21,080
Result 2025
€19,449
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.
From operations
+€477,532
Investment
-€273,382
Financing
-€286,702
Cash 2024
€150,976
From operations (derived)
+€477,532
Net result for the year
+€19,449
Depreciation
+€491,034
Stocks and contracts
-€538,275
Receivables within one year
+€391,871
Deferred charges and accrued income
-€10,097
Trade debts
-€166,989
Tax, wage and social debts
-€2,704
Other debts
+€292,821
Accrued charges and deferred income
+€423
Investment (derived)
-€273,382
Investment in fixed assets (net)
-€273,382
Financing
-€286,702
Debts after one year
-€168,092
Current portion of long-term debt
+€6,190
Short-term financial debts
-€124,800
Cash 2025
€68,423
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €10,783,206 | €10,639,503 | -€143,703 | -1.3% |
| Fixed assets | 21/28 | €9,968,150 | €9,750,498 | -€217,652 | -2.2% |
| Intangible fixed assets | 21 | - | €7,898 | +€7,898 | |
| Tangible fixed assets | 22/27 | €9,962,645 | €9,739,914 | -€222,730 | -2.2% |
| Land and buildings | 22 | €8,914,010 | €8,757,867 | -€156,142 | -1.8% |
| Plant, machinery and equipment | 23 | €760,465 | €759,120 | -€1,345 | -0.2% |
| Furniture and vehicles | 24 | €288,170 | €222,927 | -€65,243 | -22.6% |
| Financial fixed assets | 28 | €5,505 | €2,685 | -€2,820 | -51.2% |
| Current assets | 29/58 | €815,056 | €889,005 | +€73,949 | +9.1% |
| Stocks and contracts in progress | 3 | - | €538,275 | +€538,275 | |
| Stocks | 30/36 | - | €538,275 | +€538,275 | |
| Amounts receivable within one year | 40/41 | €652,114 | €260,243 | -€391,871 | -60.1% |
| Trade receivables | 40 | €649,313 | €260,019 | -€389,294 | -60.0% |
| Other amounts receivable | 41 | €2,801 | €224 | -€2,577 | -92.0% |
| Cash at bank and in hand | 54/58 | €150,976 | €68,423 | -€82,553 | -54.7% |
| Deferred charges and accrued income | 490/1 | €11,967 | €22,064 | +€10,097 | +84.4% |
| Total equity and liabilities | 10/49 | €10,783,206 | €10,639,503 | -€143,703 | -1.3% |
| Equity | 10/15 | €818,490 | €837,939 | +€19,449 | +2.4% |
| Contributions | 10/11 | €247,000 | €247,000 | = | 0.0% |
| Capital | 10 | €247,000 | €247,000 | = | 0.0% |
| Issued capital | 100 | €247,000 | €247,000 | = | 0.0% |
| Reserves | 13 | €571,490 | €590,939 | +€19,449 | +3.4% |
| Non-distributable reserves | 130/1 | €24,700 | €24,700 | = | 0.0% |
| Legal reserve | 130 | €24,700 | €24,700 | = | 0.0% |
| Distributable reserves | 133 | €546,790 | €566,239 | +€19,449 | +3.6% |
| Amounts payable | 17/49 | €9,964,715 | €9,801,564 | -€163,152 | -1.6% |
| Amounts payable after more than one year | 17 | €5,384,681 | €5,216,589 | -€168,092 | -3.1% |
| Financial debts | 170/4 | €5,384,681 | €5,216,589 | -€168,092 | -3.1% |
| Amounts payable within one year | 42/48 | €4,574,729 | €4,579,247 | +€4,518 | +0.1% |
| Current portion of amounts payable after more than one year | 42 | €678,209 | €684,399 | +€6,190 | +0.9% |
| Financial debts | 43 | €249,800 | €125,000 | -€124,800 | -50.0% |
| Credit institutions | 430/8 | €125,000 | €125,000 | = | 0.0% |
| Other loans | 439 | €124,800 | €0 | -€124,800 | -100.0% |
| Trade debts | 44 | €274,132 | €107,142 | -€166,989 | -60.9% |
| Suppliers | 440/4 | €274,132 | €107,142 | -€166,989 | -60.9% |
| Taxes, remuneration and social security | 45 | €115,242 | €112,538 | -€2,704 | -2.3% |
| Taxes | 450/3 | €90,428 | €82,953 | -€7,475 | -8.3% |
| Remuneration and social security | 454/9 | €24,814 | €29,585 | +€4,771 | +19.2% |
| Other amounts payable | 47/48 | €3,257,346 | €3,550,168 | +€292,821 | +9.0% |
| Accrued charges and deferred income | 492/3 | €5,305 | €5,728 | +€423 | +8.0% |
| Non-recurring operating income | 76A | €11,500 | €0 | -€11,500 | -100.0% |
| Remuneration, social security and pensions | 62 | €202,632 | €223,083 | +€20,450 | +10.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €491,597 | €491,034 | -€563 | -0.1% |
| Other operating charges | 640/8 | €45,351 | €28,249 | -€17,102 | -37.7% |
| Non-recurring operating charges | 66A | €1,099 | €0 | -€1,099 | -100.0% |
| Gross operating margin | 9900 | €1,000,182 | €922,705 | -€77,477 | -7.7% |
| Operating profit (loss) | 9901 | €259,503 | €180,340 | -€79,163 | -30.5% |
| Financial income | 75/76B | €4 | €95 | +€91 | +2178.7% |
| Recurring financial income | 75 | €4 | €95 | +€91 | +2178.7% |
| Financial charges | 65/66B | €143,355 | €149,891 | +€6,537 | +4.6% |
| Recurring financial charges | 65 | €143,355 | €149,891 | +€6,537 | +4.6% |
| Profit (loss) for the period before taxes | 9903 | €116,152 | €30,543 | -€85,609 | -73.7% |
| Income taxes | 67/77 | €32,175 | €11,095 | -€21,080 | -65.5% |
| Profit (loss) for the period | 9904 | €83,977 | €19,449 | -€64,529 | -76.8% |
| Profit (loss) for the period to be appropriated | 9905 | €83,977 | €19,449 | -€64,529 | -76.8% |
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 10 October 2026 via checked.be.