DEKERK KUMTICH: 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.
DEKERK KUMTICH
Largest movements
- Cash +€59,142
up €59,142 (+27.7%), from €213,211 to €272,353
mainly Other debts (+€301,967) and Net result for the year (+€221,674)
- Receivables within one year -€30,977
down €30,977 (-23.5%), from €131,809 to €100,833
of which Other amounts receivable: -€47,162
- Intangible fixed assets -€23,250
down €23,250 (-10.0%), from €232,500 to €209,250
- Stocks and contracts +€23,186
up €23,186 (+14.6%), from €158,448 to €181,634
- Other debts +€301,967
up €301,967 (+89.4%), from €337,632 to €639,599
- Trade debts -€288,107
down €288,107 (-84.5%), from €340,807 to €52,700
- Reserves -€168,742
down €168,742 (-100%), from €168,742 to €0
- Debts after one year +€120,947
up €120,947 (+20.8%), from €581,617 to €702,564
of which Other amounts payable: +€200,000
- Tax, wage and social debts +€37,234
up €37,234 (+359%), from €10,374 to €47,609
of which Taxes: +€37,124
- Gross operating margin +€103,446
up €103,446 (+29.8%), from €346,805 to €450,251
- Depreciation +€26,938
up €26,938 (+54.2%), from €49,717 to €76,655
- Taxes +€17,413
up €17,413 (+33.7%), from €51,608 to €69,021
- Financial charges +€5,771
up €5,771 (+31.9%), from €18,084 to €23,854
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 | €1,583,454 | €1,600,320 | +€16,866 | +1.1% |
| Fixed assets | 21/28 | €1,060,568 | €1,028,877 | -€31,691 | -3.0% |
| Intangible fixed assets | 21 | €232,500 | €209,250 | -€23,250 | -10.0% |
| Tangible fixed assets | 22/27 | €817,981 | €805,920 | -€12,062 | -1.5% |
| Land and buildings | 22 | €787,724 | €766,798 | -€20,926 | -2.7% |
| Plant, machinery and equipment | 23 | €28,370 | €19,015 | -€9,355 | -33.0% |
| Furniture and vehicles | 24 | €1,887 | €20,107 | +€18,219 | +965% |
| Financial fixed assets | 28 | €10,087 | €13,707 | +€3,620 | +35.9% |
| Current assets | 29/58 | €522,886 | €571,443 | +€48,557 | +9.3% |
| Stocks and contracts in progress | 3 | €158,448 | €181,634 | +€23,186 | +14.6% |
| Stocks | 30/36 | €158,448 | €181,634 | +€23,186 | +14.6% |
| Amounts receivable within one year | 40/41 | €131,809 | €100,833 | -€30,977 | -23.5% |
| Trade receivables | 40 | €81,177 | €97,362 | +€16,185 | +19.9% |
| Other amounts receivable | 41 | €50,632 | €3,470 | -€47,162 | -93.1% |
| Cash at bank and in hand | 54/58 | €213,211 | €272,353 | +€59,142 | +27.7% |
| Deferred charges and accrued income | 490/1 | €19,418 | €16,624 | -€2,794 | -14.4% |
| Total equity and liabilities | 10/49 | €1,583,454 | €1,600,320 | +€16,866 | +1.1% |
| Equity | 10/15 | €188,742 | €20,000 | -€168,742 | -89.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €168,742 | €0 | -€168,742 | -100% |
| Distributable reserves | 133 | €168,742 | €0 | -€168,742 | -100% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,394,712 | €1,580,320 | +€185,608 | +13.3% |
| Amounts payable after more than one year | 17 | €581,617 | €702,564 | +€120,947 | +20.8% |
| Financial debts | 170/4 | €581,617 | €502,564 | -€79,053 | -13.6% |
| Other amounts payable | 178/9 | - | €200,000 | +€200,000 | |
| Amounts payable within one year | 42/48 | €813,094 | €868,984 | +€55,890 | +6.9% |
| Current portion of amounts payable after more than one year | 42 | €82,467 | €81,678 | -€789 | -1.0% |
| Financial debts | 43 | €41,813 | €47,398 | +€5,584 | +13.4% |
| Credit institutions | 430/8 | €41,813 | €47,398 | +€5,584 | +13.4% |
| Trade debts | 44 | €340,807 | €52,700 | -€288,107 | -84.5% |
| Suppliers | 440/4 | €340,807 | €52,700 | -€288,107 | -84.5% |
| Taxes, remuneration and social security | 45 | €10,374 | €47,609 | +€37,234 | +359% |
| Taxes | 450/3 | €2,360 | €39,484 | +€37,124 | +1,573% |
| Remuneration and social security | 454/9 | €8,014 | €8,125 | +€111 | +1.4% |
| Other amounts payable | 47/48 | €337,632 | €639,599 | +€301,967 | +89.4% |
| Accrued charges and deferred income | 492/3 | €0 | €8,772 | +€8,772 | |
| Remuneration, social security and pensions | 62 | €56,327 | €56,685 | +€358 | +0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €49,717 | €76,655 | +€26,938 | +54.2% |
| Other operating charges | 640/8 | €4,888 | €5,325 | +€436 | +8.9% |
| Gross operating margin | 9900 | €346,805 | €450,251 | +€103,446 | +29.8% |
| Operating profit (loss) | 9901 | €235,872 | €311,586 | +€75,714 | +32.1% |
| Financial income | 75/76B | €2,561 | €2,962 | +€401 | +15.7% |
| Recurring financial income | 75 | €2,561 | €2,962 | +€401 | +15.7% |
| Financial charges | 65/66B | €18,084 | €23,854 | +€5,771 | +31.9% |
| Recurring financial charges | 65 | €18,084 | €23,854 | +€5,771 | +31.9% |
| Profit (loss) for the period before taxes | 9903 | €220,350 | €290,694 | +€70,344 | +31.9% |
| Income taxes | 67/77 | €51,608 | €69,021 | +€17,413 | +33.7% |
| Profit (loss) for the period | 9904 | €168,742 | €221,674 | +€52,931 | +31.4% |
| Profit (loss) for the period to be appropriated | 9905 | €168,742 | €221,674 | +€52,931 | +31.4% |
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 22 October 2026 via checked.be.