GEBROEDERS KERFS: what changed
GEBROEDERS KERFS
Largest movements
No asset line moved by more than 1% of the balance sheet total.
No liability line moved by more than 1% of the balance sheet total.
- Other operating charges +€737
up €737 (+164%), from €449 to €1,186
- Financial income -€170
no longer reported in 2026 (was €170)
- Gross operating margin +€45
up €45 (+43.0%), from -€106 to -€60
- Financial charges +€2
up €2 (+2.9%), from €53 to €54
Change in the result, 2025 to 2026
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 2025 and 2026 balance sheets and the 2026 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 | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €143,668 | €143,117 | -€552 | -0.4% |
| Current assets | 29/58 | €143,668 | €143,117 | -€552 | -0.4% |
| Amounts receivable within one year | 40/41 | €143,213 | €142,820 | -€394 | -0.3% |
| Trade receivables | 40 | €8,723 | €8,723 | = | 0.0% |
| Other amounts receivable | 41 | €134,490 | €134,097 | -€394 | -0.3% |
| Cash at bank and in hand | 54/58 | €455 | €297 | -€158 | -34.7% |
| Total equity and liabilities | 10/49 | €143,668 | €143,117 | -€552 | -0.4% |
| Equity | 10/15 | €142,189 | €140,888 | -€1,300 | -0.9% |
| Contributions | 10/11 | €125,000 | €125,000 | = | 0.0% |
| Capital | 10 | €125,000 | €125,000 | = | 0.0% |
| Issued capital | 100 | €125,000 | €125,000 | = | 0.0% |
| Reserves | 13 | €17,189 | €15,888 | -€1,300 | -7.6% |
| Non-distributable reserves | 130/1 | €12,500 | €12,500 | = | 0.0% |
| Legal reserve | 130 | €12,500 | €12,500 | = | 0.0% |
| Distributable reserves | 133 | €4,689 | €3,388 | -€1,300 | -27.7% |
| Amounts payable | 17/49 | €1,480 | €2,228 | +€749 | +50.6% |
| Amounts payable within one year | 42/48 | €1,480 | €2,228 | +€749 | +50.6% |
| Trade debts | 44 | €1,172 | €1,921 | +€749 | +63.9% |
| Suppliers | 440/4 | €1,172 | €1,921 | +€749 | +63.9% |
| Other amounts payable | 47/48 | €308 | €308 | = | 0.0% |
| Other operating charges | 640/8 | €449 | €1,186 | +€737 | +164% |
| Gross operating margin | 9900 | -€106 | -€60 | +€45 | +43.0% |
| Operating profit (loss) | 9901 | -€555 | -€1,246 | -€691 | -125% |
| Financial income | 75/76B | €170 | - | -€170 | |
| Recurring financial income | 75 | €170 | - | -€170 | |
| Financial charges | 65/66B | €53 | €54 | +€2 | +2.9% |
| Recurring financial charges | 65 | €53 | €54 | +€2 | +2.9% |
| Profit (loss) for the period before taxes | 9903 | -€437 | -€1,300 | -€863 | -197% |
| Profit (loss) for the period | 9904 | -€437 | -€1,300 | -€863 | -197% |
| Profit (loss) for the period to be appropriated | 9905 | -€437 | -€1,300 | -€863 | -197% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.