De Kruisberg: 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 Kruisberg
Largest movements
- Receivables within one year +€51,211
up €51,211 (+427%), from €11,990 to €63,201
of which Other amounts receivable: +€46,449
- Cash +€10,752
up €10,752 (+8.8%), from €121,990 to €132,742
mainly Net result for the year (+€56,281) and Depreciation (+€24,378)
- Tangible fixed assets -€10,086
down €10,086 (-9.3%), from €108,932 to €98,846
of which Furniture and vehicles: -€8,083
- Reserves +€34,891
up €34,891 (+25.1%), from €138,977 to €173,868
- Other debts +€20,643
up €20,643 (+930%), from €2,220 to €22,862
- Debts after one year -€16,827
down €16,827 (-56.1%), from €30,000 to €13,173
- Accrued charges and deferred income +€7,957
up €7,957 (+20.4%), from €39,066 to €47,024
- Gross operating margin -€15,233
down €15,233 (-11.2%), from €136,591 to €121,358
- Staff costs -€12,628
down €12,628 (-40.3%), from €31,330 to €18,702
- Depreciation +€1,917
up €1,917 (+8.5%), from €22,461 to €24,378
- Financial income +€1,865
up €1,865 (+689%), from €271 to €2,135
- Financial charges -€1,733
down €1,733 (-47.5%), from €3,652 to €1,919
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 | €246,832 | €297,078 | +€50,247 | +20.4% |
| Fixed assets | 21/28 | €111,329 | €100,043 | -€11,286 | -10.1% |
| Intangible fixed assets | 21 | €2,397 | €1,197 | -€1,200 | -50.1% |
| Tangible fixed assets | 22/27 | €108,932 | €98,846 | -€10,086 | -9.3% |
| Plant, machinery and equipment | 23 | €90,294 | €88,291 | -€2,003 | -2.2% |
| Furniture and vehicles | 24 | €18,638 | €10,555 | -€8,083 | -43.4% |
| Current assets | 29/58 | €135,503 | €197,036 | +€61,533 | +45.4% |
| Amounts receivable within one year | 40/41 | €11,990 | €63,201 | +€51,211 | +427% |
| Trade receivables | 40 | €8,410 | €13,171 | +€4,762 | +56.6% |
| Other amounts receivable | 41 | €3,580 | €50,029 | +€46,449 | +1,297% |
| Cash at bank and in hand | 54/58 | €121,990 | €132,742 | +€10,752 | +8.8% |
| Deferred charges and accrued income | 490/1 | €1,523 | €1,093 | -€430 | -28.2% |
| Total equity and liabilities | 10/49 | €246,832 | €297,078 | +€50,247 | +20.4% |
| Equity | 10/15 | €139,977 | €174,868 | +€34,891 | +24.9% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €138,977 | €173,868 | +€34,891 | +25.1% |
| Distributable reserves | 133 | €138,977 | €173,868 | +€34,891 | +25.1% |
| Amounts payable | 17/49 | €106,854 | €122,211 | +€15,356 | +14.4% |
| Amounts payable after more than one year | 17 | €30,000 | €13,173 | -€16,827 | -56.1% |
| Financial debts | 170/4 | €30,000 | €13,173 | -€16,827 | -56.1% |
| Amounts payable within one year | 42/48 | €37,788 | €62,014 | +€24,226 | +64.1% |
| Current portion of amounts payable after more than one year | 42 | €25,000 | €27,429 | +€2,429 | +9.7% |
| Trade debts | 44 | €3,560 | €5,012 | +€1,452 | +40.8% |
| Suppliers | 440/4 | €3,560 | €5,012 | +€1,452 | +40.8% |
| Advances received on contracts in progress | 46 | €956 | - | -€956 | |
| Taxes, remuneration and social security | 45 | €6,052 | €6,710 | +€659 | +10.9% |
| Taxes | 450/3 | €3,722 | €3,212 | -€509 | -13.7% |
| Remuneration and social security | 454/9 | €2,330 | €3,498 | +€1,168 | +50.1% |
| Other amounts payable | 47/48 | €2,220 | €22,862 | +€20,643 | +930% |
| Accrued charges and deferred income | 492/3 | €39,066 | €47,024 | +€7,957 | +20.4% |
| Remuneration, social security and pensions | 62 | €31,330 | €18,702 | -€12,628 | -40.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,461 | €24,378 | +€1,917 | +8.5% |
| Other operating charges | 640/8 | €221 | €103 | -€118 | -53.2% |
| Gross operating margin | 9900 | €136,591 | €121,358 | -€15,233 | -11.2% |
| Operating profit (loss) | 9901 | €82,579 | €78,174 | -€4,404 | -5.3% |
| Financial income | 75/76B | €271 | €2,135 | +€1,865 | +689% |
| Recurring financial income | 75 | €271 | €2,135 | +€1,865 | +689% |
| Financial charges | 65/66B | €3,652 | €1,919 | -€1,733 | -47.5% |
| Recurring financial charges | 65 | €3,652 | €1,919 | -€1,733 | -47.5% |
| Profit (loss) for the period before taxes | 9903 | €79,198 | €78,391 | -€807 | -1.0% |
| Income taxes | 67/77 | €22,178 | €22,110 | -€68 | -0.3% |
| Profit (loss) for the period | 9904 | €57,019 | €56,281 | -€738 | -1.3% |
| Profit (loss) for the period to be appropriated | 9905 | €57,019 | €56,281 | -€738 | -1.3% |
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 27 October 2026 via checked.be.