Kerkwijck: 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.
Kerkwijck
Largest movements
- Tangible fixed assets -€98,376
down €98,376 (-29.1%), from €337,611 to €239,235
- Cash -€16,231
down €16,231 (-22.2%), from €73,211 to €56,980
mainly Other debts (-€133,000) and Contributions, distributions and other (-€60,000)
- Other debts -€133,000
down €133,000 (-76.0%), from €175,000 to €42,000
- Reserves +€67,161
up €67,161 (+52.3%), from €128,388 to €195,549
of which Distributable reserves: +€89,823
- Tax, wage and social debts -€41,500
down €41,500 (-55.3%), from €75,000 to €33,500
- Provisions -€7,554
down €7,554 (-58.3%), from €12,963 to €5,410
- Gross operating margin +€108,986
up €108,986 (+105%), from €104,047 to €213,034
- Taxes +€33,891
up €33,891 (+204%), from €16,609 to €50,500
- Depreciation -€7,986
down €7,986 (-20.8%), from €38,362 to €30,376
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 | €414,052 | €300,369 | -€113,683 | -27.5% |
| Fixed assets | 21/28 | €337,611 | €239,235 | -€98,376 | -29.1% |
| Tangible fixed assets | 22/27 | €337,611 | €239,235 | -€98,376 | -29.1% |
| Land and buildings | 22 | €337,611 | €239,235 | -€98,376 | -29.1% |
| Current assets | 29/58 | €76,442 | €61,135 | -€15,307 | -20.0% |
| Amounts receivable within one year | 40/41 | €3,090 | €3,090 | = | 0.0% |
| Other amounts receivable | 41 | €3,090 | €3,090 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €73,211 | €56,980 | -€16,231 | -22.2% |
| Deferred charges and accrued income | 490/1 | €140 | €1,064 | +€924 | +660% |
| Total equity and liabilities | 10/49 | €414,052 | €300,369 | -€113,683 | -27.5% |
| Equity | 10/15 | €146,980 | €214,141 | +€67,161 | +45.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Contributions outside capital | 11 | €18,592 | €18,592 | = | 0.0% |
| Other | 1109/19 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €128,388 | €195,549 | +€67,161 | +52.3% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €38,890 | €16,229 | -€22,661 | -58.3% |
| Distributable reserves | 133 | €87,639 | €177,461 | +€89,823 | +102% |
| Provisions and deferred taxes | 16 | €12,963 | €5,410 | -€7,554 | -58.3% |
| Deferred taxes | 168 | €12,963 | €5,410 | -€7,554 | -58.3% |
| Amounts payable | 17/49 | €254,109 | €80,818 | -€173,291 | -68.2% |
| Amounts payable after more than one year | 17 | €2,700 | €2,700 | = | 0.0% |
| Other amounts payable | 178/9 | €2,700 | €2,700 | = | 0.0% |
| Amounts payable within one year | 42/48 | €250,213 | €76,592 | -€173,621 | -69.4% |
| Trade debts | 44 | €213 | €1,092 | +€879 | +413% |
| Suppliers | 440/4 | €213 | €1,092 | +€879 | +413% |
| Taxes, remuneration and social security | 45 | €75,000 | €33,500 | -€41,500 | -55.3% |
| Taxes | 450/3 | €75,000 | €33,500 | -€41,500 | -55.3% |
| Other amounts payable | 47/48 | €175,000 | €42,000 | -€133,000 | -76.0% |
| Accrued charges and deferred income | 492/3 | €1,196 | €1,526 | +€330 | +27.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,362 | €30,376 | -€7,986 | -20.8% |
| Other operating charges | 640/8 | €12,110 | €12,481 | +€370 | +3.1% |
| Gross operating margin | 9900 | €104,047 | €213,034 | +€108,986 | +105% |
| Operating profit (loss) | 9901 | €53,575 | €170,177 | +€116,602 | +218% |
| Financial charges | 65/66B | €102 | €69 | -€33 | -32.4% |
| Recurring financial charges | 65 | €102 | €69 | -€33 | -32.4% |
| Profit (loss) for the period before taxes | 9903 | €53,473 | €170,108 | +€116,635 | +218% |
| Transfer from deferred taxes | 780 | €3,241 | €7,554 | +€4,313 | +133% |
| Income taxes | 67/77 | €16,609 | €50,500 | +€33,891 | +204% |
| Profit (loss) for the period | 9904 | €40,105 | €127,161 | +€87,057 | +217% |
| Transfer from tax-exempt reserves | 789 | €9,723 | €22,661 | +€12,939 | +133% |
| Profit (loss) for the period to be appropriated | 9905 | €49,827 | €149,823 | +€99,995 | +201% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.