KERKHOFS HANNE: what changed
What changed
KERKHOFS HANNE
NACE 64.210, Activities of holding companies
filed annual accounts (NBB)
Net result for the year
€121,052
2024 · €130,594-€9,542
Equity
€612,426
2024 · €491,374+€121,052
Cash
€35,390
2024 · €43,810-€8,420
Balance sheet total
€8.3m
2024 · €8.3m-€39,390
Largest movements
Assets
No asset line moved by more than 1% of the balance sheet total.
Equity and liabilities
- Debts after one year -€314,076
down €314,076 (-5.2%), from €6.0m to €5.7m
- Advances received +€160,000
new in 2025: €160,000
- Tax, wage and social debts -€146,874
down €146,874 (-65.2%), from €225,326 to €78,452
- Reserves +€121,052
up €121,052 (+25.1%), from €481,374 to €602,426
Income statement
- Gross operating margin -€16,630
down €16,630 (-5.3%), from €312,322 to €295,691
- Taxes -€5,237
down €5,237 (-8.8%), from €59,515 to €54,279
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
€130,594
Gross operating margin
-€16,630
Other operating charges
-€998
Financial charges
+€2,850
Taxes
+€5,237
Result 2025
€121,052
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
+€299,965
Investment
€0
Financing
-€308,385
Cash 2024
€43,810
From operations (derived)
+€299,965
Net result for the year
+€121,052
Receivables within one year
+€30,970
Trade debts
+€58,174
Tax, wage and social debts
-€146,874
Advances received
+€160,000
Other debts
+€40,171
Accrued charges and deferred income
+€36,472
Financing
-€308,385
Debts after one year
-€314,076
Current portion of long-term debt
+€5,691
Cash 2025
€35,390
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,304,553 | €8,265,163 | -€39,390 | -0.5% |
| Fixed assets | 21/28 | €7,987,673 | €7,987,673 | = | 0.0% |
| Financial fixed assets | 28 | €7,987,673 | €7,987,673 | = | 0.0% |
| Current assets | 29/58 | €316,880 | €277,490 | -€39,390 | -12.4% |
| Amounts receivable within one year | 40/41 | €273,070 | €242,100 | -€30,970 | -11.3% |
| Trade receivables | 40 | €273,070 | €242,100 | -€30,970 | -11.3% |
| Cash at bank and in hand | 54/58 | €43,810 | €35,390 | -€8,420 | -19.2% |
| Total equity and liabilities | 10/49 | €8,304,553 | €8,265,163 | -€39,390 | -0.5% |
| Equity | 10/15 | €491,374 | €612,426 | +€121,052 | +24.6% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €481,374 | €602,426 | +€121,052 | +25.1% |
| Distributable reserves | 133 | €481,374 | €602,426 | +€121,052 | +25.1% |
| Amounts payable | 17/49 | €7,813,179 | €7,652,737 | -€160,442 | -2.1% |
| Amounts payable after more than one year | 17 | €6,012,968 | €5,698,892 | -€314,076 | -5.2% |
| Financial debts | 170/4 | €6,012,968 | €5,698,892 | -€314,076 | -5.2% |
| Amounts payable within one year | 42/48 | €1,674,885 | €1,792,046 | +€117,162 | +7.0% |
| Current portion of amounts payable after more than one year | 42 | €308,385 | €314,076 | +€5,691 | +1.8% |
| Trade debts | 44 | €2,453 | €60,627 | +€58,174 | +2,371% |
| Suppliers | 440/4 | €2,453 | €60,627 | +€58,174 | +2,371% |
| Advances received on contracts in progress | 46 | - | €160,000 | +€160,000 | |
| Taxes, remuneration and social security | 45 | €225,326 | €78,452 | -€146,874 | -65.2% |
| Taxes | 450/3 | €225,326 | €78,452 | -€146,874 | -65.2% |
| Other amounts payable | 47/48 | €1,138,721 | €1,178,892 | +€40,171 | +3.5% |
| Accrued charges and deferred income | 492/3 | €125,327 | €161,799 | +€36,472 | +29.1% |
| Other operating charges | 640/8 | €62 | €1,060 | +€998 | +1,610% |
| Gross operating margin | 9900 | €312,322 | €295,691 | -€16,630 | -5.3% |
| Operating profit (loss) | 9901 | €312,260 | €294,631 | -€17,629 | -5.6% |
| Financial charges | 65/66B | €122,150 | €119,300 | -€2,850 | -2.3% |
| Recurring financial charges | 65 | €122,150 | €119,300 | -€2,850 | -2.3% |
| Profit (loss) for the period before taxes | 9903 | €190,109 | €175,331 | -€14,778 | -7.8% |
| Income taxes | 67/77 | €59,515 | €54,279 | -€5,237 | -8.8% |
| Profit (loss) for the period | 9904 | €130,594 | €121,052 | -€9,542 | -7.3% |
| Profit (loss) for the period to be appropriated | 9905 | €130,594 | €121,052 | -€9,542 | -7.3% |
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 2 November 2026 via checked.be.