K.VERCRUYSSE: what changed
What changed
K.VERCRUYSSE
NACE 70.200, Business and other management consultancy
filed annual accounts (NBB)
Net result for the year
€1,476
2024 · €1,546-€70
Equity
€18,257
2024 · €16,780+€1,476
Cash
€71
2024 · €233-€162
Balance sheet total
€137,794
2024 · €162,584-€24,790
Largest movements
Assets
- Tangible fixed assets -€22,093
down €22,093 (-29.5%), from €74,931 to €52,838
of which Furniture and vehicles: -€22,020
- Receivables within one year -€2,430
down €2,430 (-9.0%), from €27,139 to €24,709
of which Trade receivables: -€2,805
Equity and liabilities
- Debts after one year -€18,758
down €18,758 (-25.8%), from €72,840 to €54,082
- Advances received -€16,337
down €16,337 (-100%), from €16,337 to €0
- Tax, wage and social debts +€5,782
up €5,782 (+31.2%), from €18,536 to €24,318
of which Taxes: +€5,462
- Current portion of long-term debt +€5,272
up €5,272 (+22.2%), from €23,737 to €29,009
- Reserves +€3,022
up €3,022 (+19.9%), from €15,185 to €18,207
Income statement
- Gross operating margin +€742
up €742 (+2.2%), from €33,091 to €33,833
- Depreciation -€494
down €494 (-2.2%), from €22,192 to €21,698
- Other operating charges +€426
up €426 (+16.0%), from €2,656 to €3,082
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.
Result 2024
€1,546
Gross operating margin
+€742
Depreciation
+€494
Other operating charges
-€426
Other operating items
-€317
Financial income
-€170
Financial charges
-€87
Taxes
-€306
Result 2025
€1,476
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€12,929
Investment
+€395
Financing
-€13,486
Cash 2024
€233
From operations (derived)
+€12,929
Net result for the year
+€1,476
Depreciation
+€21,698
Receivables within one year
+€2,430
Deferred charges and accrued income
+€105
Trade debts
-€2,225
Tax, wage and social debts
+€5,782
Advances received
-€16,337
Investment (derived)
+€395
Investment in fixed assets (net)
+€395
Financing
-€13,486
Debts after one year
-€18,758
Current portion of long-term debt
+€5,272
Cash 2025
€71
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €162,584 | €137,794 | -€24,790 | -15.2% |
| Fixed assets | 21/28 | €104,931 | €82,838 | -€22,093 | -21.1% |
| Tangible fixed assets | 22/27 | €74,931 | €52,838 | -€22,093 | -29.5% |
| Furniture and vehicles | 24 | €61,091 | €39,071 | -€22,020 | -36.0% |
| Other tangible fixed assets | 26 | €13,840 | €13,767 | -€73 | -0.5% |
| Financial fixed assets | 28 | €30,000 | €30,000 | = | 0.0% |
| Current assets | 29/58 | €57,653 | €54,956 | -€2,697 | -4.7% |
| Amounts receivable after more than one year | 29 | €30,000 | €30,000 | = | 0.0% |
| Other amounts receivable | 291 | €30,000 | €30,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €27,139 | €24,709 | -€2,430 | -9.0% |
| Trade receivables | 40 | €13,501 | €10,696 | -€2,805 | -20.8% |
| Other amounts receivable | 41 | €13,638 | €14,013 | +€375 | +2.8% |
| Cash at bank and in hand | 54/58 | €233 | €71 | -€162 | -69.4% |
| Deferred charges and accrued income | 490/1 | €281 | €176 | -€105 | -37.4% |
| Total equity and liabilities | 10/49 | €162,584 | €137,794 | -€24,790 | -15.2% |
| Equity | 10/15 | €16,780 | €18,257 | +€1,476 | +8.8% |
| Contributions | 10/11 | €50 | €50 | = | 0.0% |
| Reserves | 13 | €15,185 | €18,207 | +€3,022 | +19.9% |
| Distributable reserves | 133 | €15,185 | €18,207 | +€3,022 | +19.9% |
| Profit (loss) carried forward | 14 | €1,546 | €0 | -€1,546 | -100% |
| Amounts payable | 17/49 | €145,804 | €119,538 | -€26,266 | -18.0% |
| Amounts payable after more than one year | 17 | €72,840 | €54,082 | -€18,758 | -25.8% |
| Financial debts | 170/4 | €72,840 | €54,082 | -€18,758 | -25.8% |
| Amounts payable within one year | 42/48 | €72,964 | €65,456 | -€7,508 | -10.3% |
| Current portion of amounts payable after more than one year | 42 | €23,737 | €29,009 | +€5,272 | +22.2% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €14,354 | €12,128 | -€2,225 | -15.5% |
| Suppliers | 440/4 | €14,354 | €12,128 | -€2,225 | -15.5% |
| Advances received on contracts in progress | 46 | €16,337 | €0 | -€16,337 | -100% |
| Taxes, remuneration and social security | 45 | €18,536 | €24,318 | +€5,782 | +31.2% |
| Taxes | 450/3 | €18,536 | €23,998 | +€5,462 | +29.5% |
| Remuneration and social security | 454/9 | - | €320 | +€320 | |
| Non-recurring operating income | 76A | - | €681 | +€681 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,192 | €21,698 | -€494 | -2.2% |
| Other operating charges | 640/8 | €2,656 | €3,082 | +€426 | +16.0% |
| Non-recurring operating charges | 66A | - | €317 | +€317 | |
| Gross operating margin | 9900 | €33,091 | €33,833 | +€742 | +2.2% |
| Operating profit (loss) | 9901 | €8,243 | €8,736 | +€493 | +6.0% |
| Financial income | 75/76B | €1,075 | €905 | -€170 | -15.8% |
| Recurring financial income | 75 | €1,075 | €905 | -€170 | -15.8% |
| Financial charges | 65/66B | €4,142 | €4,229 | +€87 | +2.1% |
| Recurring financial charges | 65 | €4,142 | €4,229 | +€87 | +2.1% |
| Profit (loss) for the period before taxes | 9903 | €5,176 | €5,413 | +€237 | +4.6% |
| Income taxes | 67/77 | €3,630 | €3,937 | +€306 | +8.4% |
| Profit (loss) for the period | 9904 | €1,546 | €1,476 | -€70 | -4.5% |
| Profit (loss) for the period to be appropriated | 9905 | €1,546 | €1,476 | -€70 | -4.5% |
Next steps
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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 7 November 2026 via checked.be.