J & S Kwekerij: what changed
What changed
J & S Kwekerij
NACE 01.309, Crop and animal production, hunting and related service activities
filed annual accounts (NBB)
Net result for the year
€1,416
2023 · €540+€876
Equity
€11,155
2023 · €9,739+€1,416
Cash
€67,212
2023 · €21,851+€45,361
Balance sheet total
€499,752
2023 · €535,122-€35,370
Largest movements
Assets
- Cash +€45,361
up €45,361 (+208%), from €21,851 to €67,212
mainly Depreciation (+€44,073) and Stocks and contracts (+€43,000)
- Tangible fixed assets -€44,073
down €44,073 (-12.1%), from €363,181 to €319,107
of which Land and buildings: -€30,475
- Stocks and contracts -€43,000
down €43,000 (-60.5%), from €71,050 to €28,050
- Receivables within one year +€6,409
up €6,409 (+8.4%), from €76,260 to €82,669
of which Other amounts receivable: +€4,525
Equity and liabilities
- Debts after one year -€33,917
down €33,917 (-12.9%), from €262,604 to €228,687
Income statement
- Other operating charges -€3,105
down €3,105 (-47.9%), from €6,475 to €3,370
- Taxes +€908
up €908 (+223%), from €407 to €1,314
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2023
€540
Gross operating margin
-€28
Depreciation
-€666
Other operating charges
+€3,105
Financial charges
-€627
Taxes
-€908
Result 2024
€1,416
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€78,589
Investment
€0
Financing
-€33,228
Cash 2023
€21,851
From operations (derived)
+€78,589
Net result for the year
+€1,416
Depreciation
+€44,073
Stocks and contracts
+€43,000
Receivables within one year
-€6,409
Smaller working-capital items
+€119
Trade debts
-€4,925
Tax, wage and social debts
+€1,314
Financing
-€33,228
Debts after one year
-€33,917
Current portion of long-term debt
+€689
Cash 2024
€67,212
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €535,122 | €499,752 | -€35,370 | -6.6% |
| Fixed assets | 21/28 | €363,181 | €319,107 | -€44,073 | -12.1% |
| Tangible fixed assets | 22/27 | €363,181 | €319,107 | -€44,073 | -12.1% |
| Land and buildings | 22 | €304,752 | €274,277 | -€30,475 | -10.0% |
| Plant, machinery and equipment | 23 | €36,786 | €31,208 | -€5,578 | -15.2% |
| Leasing and similar rights | 25 | €21,643 | €13,623 | -€8,020 | -37.1% |
| Current assets | 29/58 | €171,942 | €180,645 | +€8,703 | +5.1% |
| Stocks and contracts in progress | 3 | €71,050 | €28,050 | -€43,000 | -60.5% |
| Stocks | 30/36 | €71,050 | €28,050 | -€43,000 | -60.5% |
| Amounts receivable within one year | 40/41 | €76,260 | €82,669 | +€6,409 | +8.4% |
| Trade receivables | 40 | €67,686 | €69,570 | +€1,884 | +2.8% |
| Other amounts receivable | 41 | €8,574 | €13,099 | +€4,525 | +52.8% |
| Cash at bank and in hand | 54/58 | €21,851 | €67,212 | +€45,361 | +208% |
| Deferred charges and accrued income | 490/1 | €2,781 | €2,714 | -€67 | -2.4% |
| Total equity and liabilities | 10/49 | €535,122 | €499,752 | -€35,370 | -6.6% |
| Equity | 10/15 | €9,739 | €11,155 | +€1,416 | +14.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,861 | -€7,445 | +€1,416 | +16.0% |
| Amounts payable | 17/49 | €525,384 | €488,597 | -€36,786 | -7.0% |
| Amounts payable after more than one year | 17 | €262,604 | €228,687 | -€33,917 | -12.9% |
| Financial debts | 170/4 | €262,604 | €228,687 | -€33,917 | -12.9% |
| Amounts payable within one year | 42/48 | €262,780 | €259,911 | -€2,869 | -1.1% |
| Current portion of amounts payable after more than one year | 42 | €32,815 | €33,504 | +€689 | +2.1% |
| Financial debts | 43 | €135,000 | €135,000 | = | 0.0% |
| Credit institutions | 430/8 | €135,000 | €135,000 | = | 0.0% |
| Trade debts | 44 | €9,373 | €4,448 | -€4,925 | -52.5% |
| Suppliers | 440/4 | €9,373 | €4,448 | -€4,925 | -52.5% |
| Taxes, remuneration and social security | 45 | €597 | €1,911 | +€1,314 | +220% |
| Taxes | 450/3 | €597 | €1,911 | +€1,314 | +220% |
| Other amounts payable | 47/48 | €84,995 | €85,047 | +€52 | +0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,407 | €44,073 | +€666 | +1.5% |
| Other operating charges | 640/8 | €6,475 | €3,370 | -€3,105 | -47.9% |
| Gross operating margin | 9900 | €77,521 | €77,493 | -€28 | 0.0% |
| Operating profit (loss) | 9901 | €27,639 | €30,050 | +€2,411 | +8.7% |
| Financial charges | 65/66B | €26,692 | €27,319 | +€627 | +2.3% |
| Recurring financial charges | 65 | €26,692 | €27,319 | +€627 | +2.3% |
| Profit (loss) for the period before taxes | 9903 | €947 | €2,731 | +€1,784 | +188% |
| Income taxes | 67/77 | €407 | €1,314 | +€908 | +223% |
| Profit (loss) for the period | 9904 | €540 | €1,416 | +€876 | +162% |
| Profit (loss) for the period to be appropriated | 9905 | €540 | €1,416 | +€876 | +162% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.