KERKENHOEK: 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.
KERKENHOEK
Largest movements
- Receivables within one year +€47,063
up €47,063 (+19.8%), from €237,310 to €284,372
of which Other amounts receivable: +€53,898
- Tangible fixed assets -€25,142
down €25,142 (-35.2%), from €71,523 to €46,381
of which Furniture and vehicles: -€24,742
- Cash +€14,511
up €14,511 (+32,319%), from €45 to €14,556
mainly Trade debts (+€40,194) and Depreciation (+€27,819)
- Stocks and contracts -€4,600
down €4,600 (-100%), from €4,600 to €0
- Trade debts +€40,194
up €40,194 (+85.2%), from €47,159 to €87,354
- Current portion of long-term debt -€11,096
down €11,096 (-34.2%), from €32,407 to €21,311
- Debts after one year -€6,092
down €6,092 (-9.7%), from €62,861 to €56,770
- Profit (loss) carried forward +€5,622
up €5,622 (+5.5%), from €101,939 to €107,561
- Tax, wage and social debts +€4,609
up €4,609 (+9.2%), from €50,207 to €54,817
of which Taxes: +€11,537
- Gross operating margin -€52,299
down €52,299 (-23.9%), from €219,253 to €166,953
- Taxes -€17,742
down €17,742 (-81.0%), from €21,904 to €4,162
- Staff costs +€6,058
up €6,058 (+5.2%), from €117,201 to €123,259
- Financial income +€4,801
up €4,801 (+46.3%), from €10,381 to €15,182
- Depreciation +€3,511
up €3,511 (+14.4%), from €24,308 to €27,819
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €316,707 | €348,273 | +€31,566 | +10.0% |
| Fixed assets | 21/28 | €71,590 | €46,528 | -€25,062 | -35.0% |
| Tangible fixed assets | 22/27 | €71,523 | €46,381 | -€25,142 | -35.2% |
| Plant, machinery and equipment | 23 | €1,614 | €3,121 | +€1,507 | +93.4% |
| Furniture and vehicles | 24 | €65,043 | €40,301 | -€24,742 | -38.0% |
| Other tangible fixed assets | 26 | €4,866 | €2,959 | -€1,907 | -39.2% |
| Financial fixed assets | 28 | €67 | €147 | +€80 | +120% |
| Current assets | 29/58 | €245,117 | €301,745 | +€56,628 | +23.1% |
| Stocks and contracts in progress | 3 | €4,600 | €0 | -€4,600 | -100% |
| Stocks | 30/36 | €4,600 | €0 | -€4,600 | -100% |
| Amounts receivable within one year | 40/41 | €237,310 | €284,372 | +€47,063 | +19.8% |
| Trade receivables | 40 | €6,835 | €0 | -€6,835 | -100% |
| Other amounts receivable | 41 | €230,475 | €284,372 | +€53,898 | +23.4% |
| Cash at bank and in hand | 54/58 | €45 | €14,556 | +€14,511 | +32,319% |
| Deferred charges and accrued income | 490/1 | €3,163 | €2,816 | -€346 | -11.0% |
| Total equity and liabilities | 10/49 | €316,707 | €348,273 | +€31,566 | +10.0% |
| Equity | 10/15 | €122,399 | €128,021 | +€5,622 | +4.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €101,939 | €107,561 | +€5,622 | +5.5% |
| Amounts payable | 17/49 | €194,308 | €220,251 | +€25,944 | +13.4% |
| Amounts payable after more than one year | 17 | €62,861 | €56,770 | -€6,092 | -9.7% |
| Financial debts | 170/4 | €62,861 | €56,770 | -€6,092 | -9.7% |
| Amounts payable within one year | 42/48 | €131,247 | €163,482 | +€32,235 | +24.6% |
| Current portion of amounts payable after more than one year | 42 | €32,407 | €21,311 | -€11,096 | -34.2% |
| Financial debts | 43 | €1,473 | - | -€1,473 | |
| Credit institutions | 430/8 | €1,473 | - | -€1,473 | |
| Trade debts | 44 | €47,159 | €87,354 | +€40,194 | +85.2% |
| Suppliers | 440/4 | €47,159 | €87,354 | +€40,194 | +85.2% |
| Taxes, remuneration and social security | 45 | €50,207 | €54,817 | +€4,609 | +9.2% |
| Taxes | 450/3 | €30,025 | €41,562 | +€11,537 | +38.4% |
| Remuneration and social security | 454/9 | €20,183 | €13,255 | -€6,928 | -34.3% |
| Accrued charges and deferred income | 492/3 | €199 | - | -€199 | |
| Remuneration, social security and pensions | 62 | €117,201 | €123,259 | +€6,058 | +5.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,308 | €27,819 | +€3,511 | +14.4% |
| Other operating charges | 640/8 | €9,847 | €9,701 | -€147 | -1.5% |
| Gross operating margin | 9900 | €219,253 | €166,953 | -€52,299 | -23.9% |
| Operating profit (loss) | 9901 | €67,896 | €6,175 | -€61,722 | -90.9% |
| Financial income | 75/76B | €10,381 | €15,182 | +€4,801 | +46.3% |
| Recurring financial income | 75 | €10,381 | €15,182 | +€4,801 | +46.3% |
| Financial charges | 65/66B | €10,806 | €11,573 | +€767 | +7.1% |
| Recurring financial charges | 65 | €10,806 | €11,573 | +€767 | +7.1% |
| Profit (loss) for the period before taxes | 9903 | €67,471 | €9,784 | -€57,687 | -85.5% |
| Income taxes | 67/77 | €21,904 | €4,162 | -€17,742 | -81.0% |
| Profit (loss) for the period | 9904 | €45,567 | €5,622 | -€39,945 | -87.7% |
| Profit (loss) for the period to be appropriated | 9905 | €45,567 | €5,622 | -€39,945 | -87.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.