FRITUUR KIEVIT: what changed
FRITUUR KIEVIT
Largest movements
- Tangible fixed assets +€33,960
up €33,960 (+94.5%), from €35,927 to €69,887
of which Plant, machinery and equipment: +€37,664
- Cash +€8,951
up €8,951 (+39.6%), from €22,585 to €31,535
mainly Net result for the year (+€26,868) and Depreciation (+€13,040)
- Receivables within one year -€5,280
down €5,280 (-52.3%), from €10,096 to €4,816
of which Other amounts receivable: -€5,209
- Reserves +€26,868
up €26,868 (+76.1%), from €35,292 to €62,160
of which Distributable reserves: +€26,868
- Trade debts +€6,950
up €6,950 (+68.8%), from €10,096 to €17,045
- Debts after one year -€6,918
down €6,918 (-85.4%), from €8,102 to €1,184
- Tax, wage and social debts +€6,732
up €6,732 (+121%), from €5,582 to €12,314
of which Taxes: +€6,789
- Other debts +€3,121
new in 2025: €3,121
- Gross operating margin +€46,694
up €46,694 (+80.5%), from €57,985 to €104,679
- Staff costs +€17,291
up €17,291 (+66.5%), from €26,009 to €43,300
- Other operating charges +€3,716
up €3,716 (+144%), from €2,582 to €6,298
- Taxes +€2,119
up €2,119 (+36.1%), from €5,871 to €7,990
- Depreciation +€2,044
up €2,044 (+18.6%), from €10,996 to €13,040
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €71,684 | €108,743 | +€37,059 | +51.7% |
| Fixed assets | 21/28 | €37,503 | €70,892 | +€33,388 | +89.0% |
| Intangible fixed assets | 21 | €1,446 | €804 | -€643 | -44.4% |
| Tangible fixed assets | 22/27 | €35,927 | €69,887 | +€33,960 | +94.5% |
| Plant, machinery and equipment | 23 | €5,137 | €42,801 | +€37,664 | +733% |
| Furniture and vehicles | 24 | €30,790 | €27,087 | -€3,703 | -12.0% |
| Financial fixed assets | 28 | €130 | €201 | +€71 | +54.5% |
| Current assets | 29/58 | €34,180 | €37,851 | +€3,671 | +10.7% |
| Stocks and contracts in progress | 3 | €1,500 | €1,500 | = | 0.0% |
| Stocks | 30/36 | €1,500 | €1,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €10,096 | €4,816 | -€5,280 | -52.3% |
| Trade receivables | 40 | €125 | €54 | -€71 | -56.8% |
| Other amounts receivable | 41 | €9,971 | €4,762 | -€5,209 | -52.2% |
| Cash at bank and in hand | 54/58 | €22,585 | €31,535 | +€8,951 | +39.6% |
| Total equity and liabilities | 10/49 | €71,684 | €108,743 | +€37,059 | +51.7% |
| Equity | 10/15 | €41,292 | €68,160 | +€26,868 | +65.1% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €35,292 | €62,160 | +€26,868 | +76.1% |
| Non-distributable reserves | 130/1 | €600 | €600 | = | 0.0% |
| Reserves not available under the articles | 1311 | €600 | €600 | = | 0.0% |
| Distributable reserves | 133 | €34,692 | €61,560 | +€26,868 | +77.4% |
| Amounts payable | 17/49 | €30,392 | €40,583 | +€10,191 | +33.5% |
| Amounts payable after more than one year | 17 | €8,102 | €1,184 | -€6,918 | -85.4% |
| Financial debts | 170/4 | €8,102 | €1,184 | -€6,918 | -85.4% |
| Amounts payable within one year | 42/48 | €22,290 | €39,399 | +€17,110 | +76.8% |
| Current portion of amounts payable after more than one year | 42 | €6,612 | €6,918 | +€307 | +4.6% |
| Trade debts | 44 | €10,096 | €17,045 | +€6,950 | +68.8% |
| Suppliers | 440/4 | €10,096 | €17,045 | +€6,950 | +68.8% |
| Taxes, remuneration and social security | 45 | €5,582 | €12,314 | +€6,732 | +121% |
| Taxes | 450/3 | €4,272 | €11,061 | +€6,789 | +159% |
| Remuneration and social security | 454/9 | €1,310 | €1,253 | -€57 | -4.3% |
| Other amounts payable | 47/48 | - | €3,121 | +€3,121 | |
| Remuneration, social security and pensions | 62 | €26,009 | €43,300 | +€17,291 | +66.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,996 | €13,040 | +€2,044 | +18.6% |
| Other operating charges | 640/8 | €2,582 | €6,298 | +€3,716 | +144% |
| Gross operating margin | 9900 | €57,985 | €104,679 | +€46,694 | +80.5% |
| Operating profit (loss) | 9901 | €18,399 | €42,042 | +€23,643 | +128% |
| Financial income | 75/76B | €78 | €28 | -€51 | -64.7% |
| Recurring financial income | 75 | €78 | €28 | -€51 | -64.7% |
| Financial charges | 65/66B | €6,087 | €7,212 | +€1,125 | +18.5% |
| Recurring financial charges | 65 | €6,087 | €7,212 | +€1,125 | +18.5% |
| Profit (loss) for the period before taxes | 9903 | €12,391 | €34,858 | +€22,467 | +181% |
| Income taxes | 67/77 | €5,871 | €7,990 | +€2,119 | +36.1% |
| Profit (loss) for the period | 9904 | €6,520 | €26,868 | +€20,348 | +312% |
| Profit (loss) for the period to be appropriated | 9905 | €6,520 | €26,868 | +€20,348 | +312% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.