Kakelbont: 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.
Kakelbont
Largest movements
- Cash +€184,297
up €184,297 (+133%), from €138,238 to €322,536
mainly Current investments (+€120,000) and Net result for the year (+€83,774)
- Current investments -€120,000
down €120,000 (-100%), from €120,000 to €0
- Tangible fixed assets -€68,003
down €68,003 (-5.1%), from €1.3m to €1.3m
of which Land and buildings: -€62,109
- Receivables within one year +€27,575
up €27,575 (+64.7%), from €42,603 to €70,178
of which Trade receivables: +€14,290
- Reserves +€225,000
new in 2025: €225,000
- Profit (loss) carried forward -€141,226
down €141,226 (-21.1%), from €668,332 to €527,107
- Investment grants -€43,034
down €43,034 (-8.5%), from €504,739 to €461,705
- Debts after one year -€32,477
down €32,477 (-10.2%), from €317,374 to €284,897
- Tax, wage and social debts +€16,842
up €16,842 (+16.2%), from €103,897 to €120,739
of which Remuneration and social security: +€16,723
- Gross operating margin +€77,164
up €77,164 (+13.2%), from €584,949 to €662,113
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 | €1,633,451 | €1,655,975 | +€22,524 | +1.4% |
| Fixed assets | 21/28 | €1,331,264 | €1,263,261 | -€68,003 | -5.1% |
| Tangible fixed assets | 22/27 | €1,331,264 | €1,263,261 | -€68,003 | -5.1% |
| Land and buildings | 22 | €1,324,976 | €1,262,867 | -€62,109 | -4.7% |
| Plant, machinery and equipment | 23 | €789 | €394 | -€394 | -50.0% |
| Furniture and vehicles | 24 | €5,499 | €0 | -€5,499 | -100% |
| Current assets | 29/58 | €302,187 | €392,714 | +€90,527 | +30.0% |
| Amounts receivable within one year | 40/41 | €42,603 | €70,178 | +€27,575 | +64.7% |
| Trade receivables | 40 | - | €14,290 | +€14,290 | |
| Other amounts receivable | 41 | €42,603 | €55,888 | +€13,285 | +31.2% |
| Current investments | 50/53 | €120,000 | €0 | -€120,000 | -100% |
| Cash at bank and in hand | 54/58 | €138,238 | €322,536 | +€184,297 | +133% |
| Deferred charges and accrued income | 490/1 | €1,345 | €0 | -€1,345 | -100% |
| Total equity and liabilities | 10/49 | €1,633,451 | €1,655,975 | +€22,524 | +1.4% |
| Equity | 10/15 | €1,173,071 | €1,213,812 | +€40,741 | +3.5% |
| Reserves | 13 | - | €225,000 | +€225,000 | |
| Profit (loss) carried forward | 14 | €668,332 | €527,107 | -€141,226 | -21.1% |
| Investment grants | 15 | €504,739 | €461,705 | -€43,034 | -8.5% |
| Amounts payable | 17/49 | €460,380 | €442,163 | -€18,217 | -4.0% |
| Amounts payable after more than one year | 17 | €317,374 | €284,897 | -€32,477 | -10.2% |
| Financial debts | 170/4 | €317,374 | €284,897 | -€32,477 | -10.2% |
| Amounts payable within one year | 42/48 | €142,721 | €157,266 | +€14,545 | +10.2% |
| Current portion of amounts payable after more than one year | 42 | €32,076 | €32,477 | +€402 | +1.3% |
| Trade debts | 44 | €6,748 | €4,049 | -€2,699 | -40.0% |
| Suppliers | 440/4 | €6,748 | €4,049 | -€2,699 | -40.0% |
| Taxes, remuneration and social security | 45 | €103,897 | €120,739 | +€16,842 | +16.2% |
| Taxes | 450/3 | €15,382 | €15,501 | +€119 | +0.8% |
| Remuneration and social security | 454/9 | €88,515 | €105,239 | +€16,723 | +18.9% |
| Accrued charges and deferred income | 492/3 | €285 | €0 | -€285 | -100% |
| Turnover | 70 | €145,492 | €144,280 | -€1,212 | -0.8% |
| Membership fees, donations, legacies and grants | 73 | €499,172 | - | -€499,172 | |
| Non-recurring operating income | 76A | - | €9,139 | +€9,139 | |
| Goods, raw materials, services and sundry goods | 60/61 | €60,671 | €59,986 | -€686 | -1.1% |
| Remuneration, social security and pensions | 62 | €505,030 | €506,776 | +€1,745 | +0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €54,479 | €54,935 | +€455 | +0.8% |
| Other operating charges | 640/8 | €2,056 | €1,574 | -€483 | -23.5% |
| Non-recurring operating charges | 66A | €249 | €13,439 | +€13,189 | +5,290% |
| Gross operating margin | 9900 | €584,949 | €662,113 | +€77,164 | +13.2% |
| Operating profit (loss) | 9901 | €23,134 | €85,391 | +€62,257 | +269% |
| Financial income | 75/76B | €1,290 | €2,760 | +€1,470 | +114% |
| Recurring financial income | 75 | €1,290 | €2,760 | +€1,470 | +114% |
| Financial charges | 65/66B | €4,802 | €4,376 | -€426 | -8.9% |
| Recurring financial charges | 65 | €4,802 | €4,376 | -€426 | -8.9% |
| Profit (loss) for the period before taxes | 9903 | €19,622 | €83,774 | +€64,152 | +327% |
| Income taxes | 67/77 | - | €0 | = | |
| Profit (loss) for the period | 9904 | €19,622 | €83,774 | +€64,152 | +327% |
| Profit (loss) for the period to be appropriated | 9905 | €19,622 | €83,774 | +€64,152 | +327% |
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 18 October 2026 via checked.be.