DE ZANDKORREL: 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 ZANDKORREL
NACE 96.301, Funeral services
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€178,180
2024 · €122,288+€55,892
Equity
€743,097
2024 · €597,957+€145,140
Cash
€2.4m
2024 · €240,389+€2.2m
Balance sheet total
€6.4m
2024 · €2.1m+€4.3m
Largest movements
Assets
- Cash +€2.2m
up €2.2m (+895%), from €240,389 to €2.4m
mainly Debts after one year (+€4.1m) and Net result for the year (+€178,180)
- Deferred charges and accrued income +€1.1m
up €1.1m (+487%), from €234,437 to €1.4m
- Tangible fixed assets +€974,445
up €974,445 (+72.8%), from €1.3m to €2.3m
of which Land and buildings: +€973,634
Equity and liabilities
- Debts after one year +€4.1m
up €4.1m (+342%), from €1.2m to €5.3m
- Profit (loss) carried forward +€145,140
up €145,140 (+28.6%), from €507,742 to €652,882
Income statement
- Gross operating margin +€162,000
up €162,000 (+29.0%), from €558,729 to €720,729
- Depreciation +€55,419
up €55,419 (+101%), from €55,002 to €110,421
- Staff costs +€45,318
up €45,318 (+15.2%), from €298,461 to €343,779
- Financial charges +€14,645
up €14,645 (+50.2%), from €29,195 to €43,840
- Taxes +€11,929
up €11,929 (+34.7%), from €34,411 to €46,340
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
€122,288
Gross operating margin
+€162,000
Staff costs
-€45,318
Depreciation
-€55,419
Other operating charges
+€8,705
Other operating items
+€10,936
Financial income
+€1,562
Financial charges
-€14,645
Taxes
-€11,929
Result 2025
€178,180
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€906,230
Investment
-€1.1m
Financing
+€4.1m
Cash 2024
€240,389
From operations (derived)
-€906,230
Net result for the year
+€178,180
Depreciation
+€110,421
Smaller working-capital items
+€16,175
Receivables within one year
-€32,080
Deferred charges and accrued income
-€1.1m
Trade debts
-€30,758
Other debts
+€12,977
Accrued charges and deferred income
-€19,608
Investment (derived)
-€1.1m
Investment in fixed assets (net)
-€1.1m
Financing
+€4.1m
Debts after one year
+€4.1m
Current portion of long-term debt
+€47,084
Contributions, distributions and other
-€33,040
Cash 2025
€2.4m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,138,340 | €6,432,031 | +€4.3m | +201% |
| Fixed assets | 21/28 | €1,340,375 | €2,314,820 | +€974,445 | +72.7% |
| Tangible fixed assets | 22/27 | €1,339,304 | €2,313,749 | +€974,445 | +72.8% |
| Land and buildings | 22 | €1,258,487 | €2,232,121 | +€973,634 | +77.4% |
| Plant, machinery and equipment | 23 | €42,796 | €40,743 | -€2,053 | -4.8% |
| Furniture and vehicles | 24 | €38,021 | €40,885 | +€2,864 | +7.5% |
| Financial fixed assets | 28 | €1,071 | €1,071 | = | 0.0% |
| Current assets | 29/58 | €797,965 | €4,117,211 | +€3.3m | +416% |
| Stocks and contracts in progress | 3 | €47,669 | €40,772 | -€6,897 | -14.5% |
| Stocks | 30/36 | €47,669 | €40,772 | -€6,897 | -14.5% |
| Amounts receivable within one year | 40/41 | €275,470 | €307,550 | +€32,080 | +11.6% |
| Trade receivables | 40 | €272,684 | €285,415 | +€12,731 | +4.7% |
| Other amounts receivable | 41 | €2,786 | €22,135 | +€19,349 | +695% |
| Cash at bank and in hand | 54/58 | €240,389 | €2,392,915 | +€2.2m | +895% |
| Deferred charges and accrued income | 490/1 | €234,437 | €1,375,974 | +€1.1m | +487% |
| Total equity and liabilities | 10/49 | €2,138,340 | €6,432,031 | +€4.3m | +201% |
| Equity | 10/15 | €597,957 | €743,097 | +€145,140 | +24.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €71,615 | €71,615 | = | 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% |
| Tax-exempt reserves | 132 | €46,655 | €46,655 | = | 0.0% |
| Distributable reserves | 133 | €23,100 | €23,100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €507,742 | €652,882 | +€145,140 | +28.6% |
| Amounts payable | 17/49 | €1,540,383 | €5,688,934 | +€4.1m | +269% |
| Amounts payable after more than one year | 17 | €1,207,751 | €5,337,329 | +€4.1m | +342% |
| Financial debts | 170/4 | €1,207,751 | €5,337,329 | +€4.1m | +342% |
| Amounts payable within one year | 42/48 | €293,925 | €332,506 | +€38,581 | +13.1% |
| Current portion of amounts payable after more than one year | 42 | €103,554 | €150,638 | +€47,084 | +45.5% |
| Trade debts | 44 | €65,936 | €35,178 | -€30,758 | -46.6% |
| Suppliers | 440/4 | €65,936 | €35,178 | -€30,758 | -46.6% |
| Advances received on contracts in progress | 46 | €18,965 | €18,965 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €85,447 | €94,725 | +€9,278 | +10.9% |
| Taxes | 450/3 | €48,571 | €48,458 | -€113 | -0.2% |
| Remuneration and social security | 454/9 | €36,876 | €46,267 | +€9,391 | +25.5% |
| Other amounts payable | 47/48 | €20,023 | €33,000 | +€12,977 | +64.8% |
| Accrued charges and deferred income | 492/3 | €38,707 | €19,099 | -€19,608 | -50.7% |
| Remuneration, social security and pensions | 62 | €298,461 | €343,779 | +€45,318 | +15.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55,002 | €110,421 | +€55,419 | +101% |
| Other operating charges | 640/8 | €18,467 | €9,762 | -€8,705 | -47.1% |
| Non-recurring operating charges | 66A | €12,522 | €1,586 | -€10,936 | -87.3% |
| Gross operating margin | 9900 | €558,729 | €720,729 | +€162,000 | +29.0% |
| Operating profit (loss) | 9901 | €174,277 | €255,181 | +€80,904 | +46.4% |
| Financial income | 75/76B | €11,617 | €13,179 | +€1,562 | +13.4% |
| Recurring financial income | 75 | €11,617 | €13,179 | +€1,562 | +13.4% |
| Financial charges | 65/66B | €29,195 | €43,840 | +€14,645 | +50.2% |
| Recurring financial charges | 65 | €29,195 | €43,840 | +€14,645 | +50.2% |
| Profit (loss) for the period before taxes | 9903 | €156,699 | €224,520 | +€67,821 | +43.3% |
| Income taxes | 67/77 | €34,411 | €46,340 | +€11,929 | +34.7% |
| Profit (loss) for the period | 9904 | €122,288 | €178,180 | +€55,892 | +45.7% |
| Profit (loss) for the period to be appropriated | 9905 | €122,288 | €178,180 | +€55,892 | +45.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.