KERGER Papeterie: what changed
What changed
KERGER Papeterie
NACE 47.621, Retail sale of newspapers and periodicals
filed annual accounts (NBB)
Net result for the year
€2,062
2024 · €9,913-€7,851
Equity
€9,970
2024 · €7,908+€2,062
Cash
€12,508
2024 · €22,438-€9,930
Balance sheet total
€193,555
2024 · €199,180-€5,626
Largest movements
Assets
- Cash -€9,930
down €9,930 (-44.3%), from €22,438 to €12,508
mainly Other debts (-€5,120) and Stocks and contracts (-€3,887)
- Stocks and contracts +€3,887
up €3,887 (+2.4%), from €158,738 to €162,625
Equity and liabilities
- Other debts -€5,120
down €5,120 (-3.0%), from €171,585 to €166,465
- Trade debts -€2,159
down €2,159 (-12.4%), from €17,353 to €15,194
Income statement
- Gross operating margin -€7,712
down €7,712 (-61.3%), from €12,576 to €4,864
- Depreciation -€641
down €641 (-47.3%), from €1,355 to €714
- Other operating charges +€239
up €239 (+88.4%), from €270 to €509
- Taxes +€205
up €205 (+24,718%), from €1 to €206
- Financial charges +€204
up €204 (+12.3%), from €1,656 to €1,860
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
€9,913
Gross operating margin
-€7,712
Depreciation
+€641
Other operating charges
-€239
Financial income
-€132
Financial charges
-€204
Taxes
-€205
Result 2025
€2,062
raises the resultlowers the result
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
-€7,430
Investment
-€2,500
Financing
€0
Cash 2024
€22,438
From operations (derived)
-€7,430
Net result for the year
+€2,062
Depreciation
+€714
Stocks and contracts
-€3,887
Receivables within one year
+€1,379
Deferred charges and accrued income
-€10
Trade debts
-€2,159
Tax, wage and social debts
-€409
Other debts
-€5,120
Investment (derived)
-€2,500
Investment in fixed assets (net)
-€2,500
Cash 2025
€12,508
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €199,180 | €193,555 | -€5,626 | -2.8% |
| Fixed assets | 21/28 | €5,844 | €7,630 | +€1,786 | +30.6% |
| Tangible fixed assets | 22/27 | €1,644 | €3,430 | +€1,786 | +109% |
| Plant, machinery and equipment | 23 | - | €2,500 | +€2,500 | |
| Furniture and vehicles | 24 | €1,644 | €930 | -€714 | -43.4% |
| Financial fixed assets | 28 | €4,200 | €4,200 | = | 0.0% |
| Current assets | 29/58 | €193,337 | €185,925 | -€7,412 | -3.8% |
| Stocks and contracts in progress | 3 | €158,738 | €162,625 | +€3,887 | +2.4% |
| Stocks | 30/36 | €158,738 | €162,625 | +€3,887 | +2.4% |
| Amounts receivable within one year | 40/41 | €9,090 | €7,711 | -€1,379 | -15.2% |
| Trade receivables | 40 | €9,090 | €7,711 | -€1,379 | -15.2% |
| Cash at bank and in hand | 54/58 | €22,438 | €12,508 | -€9,930 | -44.3% |
| Deferred charges and accrued income | 490/1 | €3,071 | €3,081 | +€10 | +0.3% |
| Total equity and liabilities | 10/49 | €199,180 | €193,555 | -€5,626 | -2.8% |
| Equity | 10/15 | €7,908 | €9,970 | +€2,062 | +26.1% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Reserves | 13 | €600 | €1,910 | +€1,310 | +218% |
| Distributable reserves | 133 | €600 | €1,910 | +€1,310 | +218% |
| Profit (loss) carried forward | 14 | -€752 | - | +€752 | |
| Amounts payable | 17/49 | €191,272 | €183,585 | -€7,688 | -4.0% |
| Amounts payable within one year | 42/48 | €191,272 | €183,585 | -€7,688 | -4.0% |
| Trade debts | 44 | €17,353 | €15,194 | -€2,159 | -12.4% |
| Suppliers | 440/4 | €17,353 | €15,194 | -€2,159 | -12.4% |
| Taxes, remuneration and social security | 45 | €2,335 | €1,926 | -€409 | -17.5% |
| Taxes | 450/3 | €2,335 | €1,926 | -€409 | -17.5% |
| Other amounts payable | 47/48 | €171,585 | €166,465 | -€5,120 | -3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,355 | €714 | -€641 | -47.3% |
| Other operating charges | 640/8 | €270 | €509 | +€239 | +88.4% |
| Gross operating margin | 9900 | €12,576 | €4,864 | -€7,712 | -61.3% |
| Operating profit (loss) | 9901 | €10,951 | €3,641 | -€7,310 | -66.8% |
| Financial income | 75/76B | €619 | €487 | -€132 | -21.4% |
| Recurring financial income | 75 | €619 | €487 | -€132 | -21.4% |
| Financial charges | 65/66B | €1,656 | €1,860 | +€204 | +12.3% |
| Recurring financial charges | 65 | €1,656 | €1,860 | +€204 | +12.3% |
| Profit (loss) for the period before taxes | 9903 | €9,914 | €2,268 | -€7,646 | -77.1% |
| Income taxes | 67/77 | €1 | €206 | +€205 | +24,718% |
| Profit (loss) for the period | 9904 | €9,913 | €2,062 | -€7,851 | -79.2% |
| Profit (loss) for the period to be appropriated | 9905 | €9,913 | €2,062 | -€7,851 | -79.2% |
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 5 November 2026 via checked.be.