KERKAERD: 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.
KERKAERD
Largest movements
- Cash -€6,775
down €6,775 (-15.6%), from €43,567 to €36,792
mainly Other debts (-€5,000) and Net result for the year (-€1,465)
- Other debts -€5,000
down €5,000 (-2.0%), from €252,180 to €247,180
- Profit (loss) carried forward -€1,465
down €1,465 (-0.4%), from -€396,702 to -€398,168
- Gross operating margin -€47,847
down €47,847, from €46,399 to -€1,447
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 | €99,043 | €92,416 | -€6,627 | -6.7% |
| Current assets | 29/58 | €99,043 | €92,416 | -€6,627 | -6.7% |
| Stocks and contracts in progress | 3 | €36,668 | €36,668 | = | 0.0% |
| Stocks | 30/36 | €36,668 | €36,668 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €29 | €176 | +€148 | +517% |
| Other amounts receivable | 41 | €29 | €176 | +€148 | +517% |
| Current investments | 50/53 | €18,228 | €18,228 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €43,567 | €36,792 | -€6,775 | -15.6% |
| Deferred charges and accrued income | 490/1 | €552 | €552 | = | 0.0% |
| Total equity and liabilities | 10/49 | €99,043 | €92,416 | -€6,627 | -6.7% |
| Equity | 10/15 | -€241,702 | -€243,168 | -€1,465 | -0.6% |
| Contributions | 10/11 | €155,000 | €155,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€396,702 | -€398,168 | -€1,465 | -0.4% |
| Amounts payable | 17/49 | €340,745 | €335,583 | -€5,162 | -1.5% |
| Amounts payable within one year | 42/48 | €253,273 | €248,111 | -€5,162 | -2.0% |
| Trade debts | 44 | €1,093 | €931 | -€162 | -14.8% |
| Suppliers | 440/4 | €1,093 | €931 | -€162 | -14.8% |
| Other amounts payable | 47/48 | €252,180 | €247,180 | -€5,000 | -2.0% |
| Accrued charges and deferred income | 492/3 | €87,472 | €87,472 | = | 0.0% |
| Other operating charges | 640/8 | €183 | €120 | -€63 | -34.4% |
| Gross operating margin | 9900 | €46,399 | -€1,447 | -€47,847 | |
| Operating profit (loss) | 9901 | €46,216 | -€1,567 | -€47,784 | |
| Financial income | 75/76B | €4 | €212 | +€207 | +5,046% |
| Recurring financial income | 75 | €4 | €212 | +€207 | +5,046% |
| Financial charges | 65/66B | €115 | €109 | -€6 | -4.9% |
| Recurring financial charges | 65 | €115 | €109 | -€6 | -4.9% |
| Profit (loss) for the period before taxes | 9903 | €46,105 | -€1,465 | -€47,571 | |
| Profit (loss) for the period | 9904 | €46,105 | -€1,465 | -€47,571 | |
| Profit (loss) for the period to be appropriated | 9905 | €46,105 | -€1,465 | -€47,571 |
Source: filed annual accounts (NBB), financial years ended 30 November 2024 and 30 November 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.