KERKHOVE TEXTILES: 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.
KERKHOVE TEXTILES
Largest movements
- Current investments -€25,000
down €25,000 (-100%), from €25,000 to €0
- Receivables within one year -€18,950
down €18,950 (-70.3%), from €26,960 to €8,010
of which Trade receivables: -€19,235
- Cash +€7,117
up €7,117 (+55.8%), from €12,752 to €19,869
mainly Current investments (+€25,000) and Receivables within one year (+€18,950)
- Stocks and contracts -€4,236
down €4,236 (-15.7%), from €26,950 to €22,713
- Tangible fixed assets +€3,393
new in 2025: €3,393
- Other debts -€33,893
down €33,893 (-16.5%), from €205,745 to €171,852
- Profit (loss) carried forward -€4,779
down €4,779 (-2.8%), from -€169,784 to -€174,563
- Tax, wage and social debts +€3,287
up €3,287 (+109%), from €3,027 to €6,314
- Trade debts -€2,288
down €2,288 (-39.0%), from €5,866 to €3,577
- Gross operating margin -€18,960
down €18,960, from €16,835 to -€2,125
- Depreciation +€325
up €325, from €0 to €325
- Other operating charges -€274
down €274 (-21.0%), from €1,306 to €1,032
- Financial charges -€265
down €265 (-11.9%), from €2,227 to €1,962
- Financial income +€237
up €237 (+42.5%), from €558 to €795
of which Financial income: +€795
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 | €92,178 | €54,505 | -€37,673 | -40.9% |
| Fixed assets | 21/28 | - | €3,393 | +€3,393 | |
| Tangible fixed assets | 22/27 | - | €3,393 | +€3,393 | |
| Furniture and vehicles | 24 | - | €3,393 | +€3,393 | |
| Current assets | 29/58 | €92,178 | €51,112 | -€41,066 | -44.6% |
| Stocks and contracts in progress | 3 | €26,950 | €22,713 | -€4,236 | -15.7% |
| Stocks | 30/36 | €26,950 | €22,713 | -€4,236 | -15.7% |
| Amounts receivable within one year | 40/41 | €26,960 | €8,010 | -€18,950 | -70.3% |
| Trade receivables | 40 | €26,960 | €7,725 | -€19,235 | -71.3% |
| Other amounts receivable | 41 | €0 | €285 | +€285 | |
| Current investments | 50/53 | €25,000 | €0 | -€25,000 | -100% |
| Cash at bank and in hand | 54/58 | €12,752 | €19,869 | +€7,117 | +55.8% |
| Deferred charges and accrued income | 490/1 | €516 | €519 | +€4 | +0.7% |
| Total equity and liabilities | 10/49 | €92,178 | €54,505 | -€37,673 | -40.9% |
| Equity | 10/15 | -€122,460 | -€127,239 | -€4,779 | -3.9% |
| Contributions | 10/11 | €37,100 | €37,100 | = | 0.0% |
| Reserves | 13 | €10,224 | €10,224 | = | 0.0% |
| Distributable reserves | 133 | €10,224 | €10,224 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€169,784 | -€174,563 | -€4,779 | -2.8% |
| Amounts payable | 17/49 | €214,638 | €181,743 | -€32,894 | -15.3% |
| Amounts payable within one year | 42/48 | €214,638 | €181,743 | -€32,894 | -15.3% |
| Trade debts | 44 | €5,866 | €3,577 | -€2,288 | -39.0% |
| Suppliers | 440/4 | €5,866 | €3,577 | -€2,288 | -39.0% |
| Taxes, remuneration and social security | 45 | €3,027 | €6,314 | +€3,287 | +109% |
| Taxes | 450/3 | €3,027 | €6,314 | +€3,287 | +109% |
| Other amounts payable | 47/48 | €205,745 | €171,852 | -€33,893 | -16.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | €325 | +€325 | |
| Other operating charges | 640/8 | €1,306 | €1,032 | -€274 | -21.0% |
| Gross operating margin | 9900 | €16,835 | -€2,125 | -€18,960 | |
| Operating profit (loss) | 9901 | €15,529 | -€3,482 | -€19,011 | |
| Financial income | 75/76B | €558 | €795 | +€237 | +42.5% |
| Recurring financial income | 75 | €0 | €795 | +€795 | +176,671% |
| Non-recurring financial income | 76B | €558 | €0 | -€558 | -100% |
| Financial charges | 65/66B | €2,227 | €1,962 | -€265 | -11.9% |
| Recurring financial charges | 65 | €2,227 | €1,962 | -€265 | -11.9% |
| Profit (loss) for the period before taxes | 9903 | €13,861 | -€4,648 | -€18,509 | |
| Income taxes | 67/77 | €141 | €131 | -€10 | -7.1% |
| Profit (loss) for the period | 9904 | €13,720 | -€4,779 | -€18,499 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,720 | -€4,779 | -€18,499 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.