K.L.DEKOSTER: 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.
K.L.DEKOSTER
Largest movements
- Cash -€90,845
down €90,845 (-53.7%), from €169,095 to €78,250
mainly Contributions, distributions and other (-€228,221) and Receivables within one year (-€7,588)
- Tangible fixed assets -€12,432
down €12,432 (-22.8%), from €54,426 to €41,994
of which Furniture and vehicles: -€12,432
- Receivables within one year +€7,588
up €7,588 (+17.0%), from €44,761 to €52,349
of which Trade receivables: +€4,475
- Profit (loss) carried forward -€135,895
down €135,895 (-60.0%), from €226,361 to €90,466
- Tax, wage and social debts +€27,030
up €27,030 (+297%), from €9,101 to €36,130
of which Taxes: +€14,123
- Trade debts +€11,012
up €11,012 (+1,561%), from €706 to €11,718
- Other debts +€4,253
up €4,253 (+26.2%), from €16,248 to €20,501
- Gross operating margin -€23,715
down €23,715 (-14.8%), from €160,632 to €136,917
- Other operating charges -€2,923
down €2,923 (-62.1%), from €4,706 to €1,783
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 | €275,213 | €179,753 | -€95,460 | -34.7% |
| Fixed assets | 21/28 | €54,426 | €41,994 | -€12,432 | -22.8% |
| Tangible fixed assets | 22/27 | €54,426 | €41,994 | -€12,432 | -22.8% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €46,826 | €34,394 | -€12,432 | -26.6% |
| Other tangible fixed assets | 26 | €7,600 | €7,600 | = | 0.0% |
| Current assets | 29/58 | €220,787 | €137,759 | -€83,028 | -37.6% |
| Amounts receivable within one year | 40/41 | €44,761 | €52,349 | +€7,588 | +17.0% |
| Trade receivables | 40 | €24,626 | €29,102 | +€4,475 | +18.2% |
| Other amounts receivable | 41 | €20,134 | €23,247 | +€3,113 | +15.5% |
| Current investments | 50/53 | €2,700 | €2,700 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €169,095 | €78,250 | -€90,845 | -53.7% |
| Deferred charges and accrued income | 490/1 | €4,232 | €4,460 | +€228 | +5.4% |
| Total equity and liabilities | 10/49 | €275,213 | €179,753 | -€95,460 | -34.7% |
| Equity | 10/15 | €246,821 | €109,066 | -€137,755 | -55.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €0 | -€1,860 | -100% |
| Distributable reserves | 133 | €1,860 | €0 | -€1,860 | -100% |
| Profit (loss) carried forward | 14 | €226,361 | €90,466 | -€135,895 | -60.0% |
| Amounts payable | 17/49 | €28,392 | €70,687 | +€42,295 | +149% |
| Amounts payable within one year | 42/48 | €26,055 | €68,349 | +€42,295 | +162% |
| Trade debts | 44 | €706 | €11,718 | +€11,012 | +1,561% |
| Suppliers | 440/4 | €706 | €11,718 | +€11,012 | +1,561% |
| Taxes, remuneration and social security | 45 | €9,101 | €36,130 | +€27,030 | +297% |
| Taxes | 450/3 | €9,101 | €23,224 | +€14,123 | +155% |
| Remuneration and social security | 454/9 | €0 | €12,907 | +€12,907 | |
| Other amounts payable | 47/48 | €16,248 | €20,501 | +€4,253 | +26.2% |
| Accrued charges and deferred income | 492/3 | €2,338 | €2,338 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,319 | €12,432 | -€886 | -6.7% |
| Other operating charges | 640/8 | €4,706 | €1,783 | -€2,923 | -62.1% |
| Gross operating margin | 9900 | €160,632 | €136,917 | -€23,715 | -14.8% |
| Operating profit (loss) | 9901 | €142,607 | €122,701 | -€19,906 | -14.0% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €159 | €70 | -€89 | -55.8% |
| Recurring financial charges | 65 | €159 | €70 | -€89 | -55.8% |
| Profit (loss) for the period before taxes | 9903 | €142,448 | €122,631 | -€19,817 | -13.9% |
| Income taxes | 67/77 | €33,292 | €32,165 | -€1,127 | -3.4% |
| Profit (loss) for the period | 9904 | €109,156 | €90,466 | -€18,690 | -17.1% |
| Profit (loss) for the period to be appropriated | 9905 | €109,156 | €90,466 | -€18,690 | -17.1% |
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 20 October 2026 via checked.be.