KERKEVELD: 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.
KERKEVELD
Largest movements
- Current assets -€140,636
down €140,636 (-20.1%), from €700,719 to €560,083
of which Receivables within one year: -€157,582
- Profit (loss) carried forward -€89,377
down €89,377 (-358%), from -€24,943 to -€114,320
- Debts within one year -€53,904
down €53,904 (-8.3%), from €647,960 to €594,056
- Gross operating margin -€197,208
down €197,208 (-65.9%), from €299,366 to €102,158
From the 2018 result to the 2019 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2018 | 2019 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €704,857 | €561,576 | -€143,281 | -20.3% |
| Fixed assets | 21/28 | €4,138 | €1,493 | -€2,645 | -63.9% |
| Tangible fixed assets | 22/27 | €4,138 | €1,493 | -€2,645 | -63.9% |
| Current assets | 29/58 | €700,719 | €560,083 | -€140,636 | -20.1% |
| Amounts receivable within one year | 40/41 | €658,857 | €501,275 | -€157,582 | -23.9% |
| Current investments | 50/53 | €732 | €854 | +€122 | +16.7% |
| Cash at bank and in hand | 54/58 | €31,619 | €48,251 | +€16,632 | +52.6% |
| Total equity and liabilities | 10/49 | €704,857 | €561,576 | -€143,281 | -20.3% |
| Equity | 10/15 | €56,897 | -€32,480 | -€89,377 | |
| Contributions | 10/11 | €74,400 | €74,400 | = | 0.0% |
| Reserves | 13 | €7,440 | €7,440 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€24,943 | -€114,320 | -€89,377 | -358% |
| Amounts payable | 17/49 | €647,960 | €594,056 | -€53,904 | -8.3% |
| Amounts payable within one year | 42/48 | €647,960 | €594,056 | -€53,904 | -8.3% |
| Trade debts | 44 | €351,016 | €250,570 | -€100,446 | -28.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,134 | €3,376 | +€241 | +7.7% |
| Gross operating margin | 9900 | €299,366 | €102,158 | -€197,208 | -65.9% |
| Operating profit (loss) | 9901 | €127,324 | -€76,982 | -€204,306 | |
| Recurring financial income | 75 | €17 | €13 | -€4 | -24.8% |
| Recurring financial charges | 65 | €18,531 | €18,240 | -€291 | -1.6% |
| Profit (loss) for the period before taxes | 9903 | €112,885 | -€88,399 | -€201,284 | |
| Income taxes | 67/77 | €109 | €978 | +€868 | +795% |
| Profit (loss) for the period | 9904 | €112,776 | -€89,377 | -€202,153 | |
| Profit (loss) for the period to be appropriated | 9905 | €112,776 | -€89,377 | -€202,153 |
Source: filed annual accounts (NBB), financial years ended 31 December 2018 and 31 December 2019. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.