Kachelweelde: 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.
Kachelweelde
Largest movements
- Receivables within one year -€179,531
down €179,531 (-70.4%), from €255,025 to €75,494
of which Trade receivables: -€195,959
- Tangible fixed assets +€130,374
up €130,374 (+19.7%), from €662,001 to €792,375
of which Land and buildings: +€156,231
- Receivables after one year +€100,000
new in 2025: €100,000
- Stocks and contracts +€43,485
up €43,485 (+20.9%), from €208,125 to €251,610
of which Stocks: +€40,485
- Cash -€23,303
down €23,303 (-15.0%), from €155,256 to €131,954
mainly Investment in fixed assets (net) (-€201,390) and Receivables after one year (-€100,000)
- Reserves +€101,465
up €101,465 (+18.9%), from €536,368 to €637,833
- Trade debts +€96,169
up €96,169 (+200.9%), from €47,866 to €144,036
- Advances received -€46,389
down €46,389 (-100.0%), from €46,389 to €0
- Tax, wage and social debts -€40,135
down €40,135 (-64.1%), from €62,641 to €22,506
of which Taxes: -€35,560
- Debts after one year -€26,304
down €26,304 (-5.3%), from €492,036 to €465,731
of which Financial debts: -€34,304
- Gross operating margin -€36,963
down €36,963 (-12.1%), from €306,703 to €269,740
- Staff costs -€22,743
down €22,743 (-52.0%), from €43,713 to €20,970
- Other operating charges -€8,040
down €8,040 (-34.2%), from €23,489 to €15,448
- Depreciation -€6,317
down €6,317 (-8.2%), from €77,333 to €71,016
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.
Cash bridge derived
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 | €1,280,407 | €1,351,432 | +€71,026 | +5.5% |
| Fixed assets | 21/28 | €662,001 | €792,375 | +€130,374 | +19.7% |
| Tangible fixed assets | 22/27 | €662,001 | €792,375 | +€130,374 | +19.7% |
| Land and buildings | 22 | €588,495 | €744,726 | +€156,231 | +26.5% |
| Plant, machinery and equipment | 23 | €18,498 | €21,865 | +€3,367 | +18.2% |
| Furniture and vehicles | 24 | €46,453 | €24,958 | -€21,495 | -46.3% |
| Leasing and similar rights | 25 | €8,554 | €826 | -€7,728 | -90.3% |
| Current assets | 29/58 | €618,406 | €559,057 | -€59,349 | -9.6% |
| Amounts receivable after more than one year | 29 | - | €100,000 | +€100,000 | |
| Other amounts receivable | 291 | - | €100,000 | +€100,000 | |
| Stocks and contracts in progress | 3 | €208,125 | €251,610 | +€43,485 | +20.9% |
| Stocks | 30/36 | €208,125 | €248,610 | +€40,485 | +19.5% |
| Contracts in progress | 37 | - | €3,000 | +€3,000 | |
| Amounts receivable within one year | 40/41 | €255,025 | €75,494 | -€179,531 | -70.4% |
| Trade receivables | 40 | €241,794 | €45,835 | -€195,959 | -81.0% |
| Other amounts receivable | 41 | €13,231 | €29,659 | +€16,428 | +124.2% |
| Cash at bank and in hand | 54/58 | €155,256 | €131,954 | -€23,303 | -15.0% |
| Total equity and liabilities | 10/49 | €1,280,407 | €1,351,432 | +€71,026 | +5.5% |
| Equity | 10/15 | €582,903 | €684,368 | +€101,465 | +17.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Revaluation surpluses | 12 | €26,534 | €26,534 | = | 0.0% |
| Reserves | 13 | €536,368 | €637,833 | +€101,465 | +18.9% |
| Distributable reserves | 133 | €536,368 | €637,833 | +€101,465 | +18.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €697,504 | €667,065 | -€30,439 | -4.4% |
| Amounts payable after more than one year | 17 | €492,036 | €465,731 | -€26,304 | -5.3% |
| Financial debts | 170/4 | €444,036 | €409,731 | -€34,304 | -7.7% |
| Other amounts payable | 178/9 | €48,000 | €56,000 | +€8,000 | +16.7% |
| Amounts payable within one year | 42/48 | €205,468 | €201,334 | -€4,135 | -2.0% |
| Current portion of amounts payable after more than one year | 42 | €40,266 | €34,305 | -€5,961 | -14.8% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €47,866 | €144,036 | +€96,169 | +200.9% |
| Suppliers | 440/4 | €47,866 | €144,036 | +€96,169 | +200.9% |
| Advances received on contracts in progress | 46 | €46,389 | €0 | -€46,389 | -100.0% |
| Taxes, remuneration and social security | 45 | €62,641 | €22,506 | -€40,135 | -64.1% |
| Taxes | 450/3 | €58,066 | €22,506 | -€35,560 | -61.2% |
| Remuneration and social security | 454/9 | €4,575 | €0 | -€4,575 | -100.0% |
| Other amounts payable | 47/48 | €8,306 | €487 | -€7,818 | -94.1% |
| Remuneration, social security and pensions | 62 | €43,713 | €20,970 | -€22,743 | -52.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €77,333 | €71,016 | -€6,317 | -8.2% |
| Other operating charges | 640/8 | €23,489 | €15,448 | -€8,040 | -34.2% |
| Non-recurring operating charges | 66A | - | €0 | = | |
| Gross operating margin | 9900 | €306,703 | €269,740 | -€36,963 | -12.1% |
| Operating profit (loss) | 9901 | €162,169 | €162,306 | +€137 | +0.1% |
| Financial income | 75/76B | €0 | €151 | +€151 | |
| Recurring financial income | 75 | €0 | €151 | +€151 | |
| Financial charges | 65/66B | €22,698 | €22,564 | -€134 | -0.6% |
| Recurring financial charges | 65 | €22,698 | €22,564 | -€134 | -0.6% |
| Profit (loss) for the period before taxes | 9903 | €139,470 | €139,892 | +€422 | +0.3% |
| Income taxes | 67/77 | €37,769 | €38,428 | +€659 | +1.7% |
| Profit (loss) for the period | 9904 | €101,701 | €101,465 | -€237 | -0.2% |
| Profit (loss) for the period to be appropriated | 9905 | €101,701 | €101,465 | -€237 | -0.2% |
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 12 October 2026 via checked.be.