KERO TECHNIEK: 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.
KERO TECHNIEK
Largest movements
- Cash -€15,362
down €15,362 (-40.6%), from €37,831 to €22,469
mainly Trade debts (-€28,523) and Receivables within one year (-€1,041)
- Receivables after one year -€2,317
no longer reported in 2025 (was €2,317)
- Trade debts -€28,523
down €28,523 (-31.6%), from €90,136 to €61,613
- Reserves +€7,682
up €7,682 (+9.5%), from €80,607 to €88,289
- Tax, wage and social debts +€4,492
up €4,492 (+228%), from €1,972 to €6,463
- Gross operating margin +€7,340
up €7,340 (+151%), from €4,872 to €12,212
- Taxes +€2,520
up €2,520 (+128%), from €1,972 to €4,492
- Depreciation -€1,124
no longer reported in 2025 (was €1,124)
- Financial income -€746
down €746 (-77.4%), from €964 to €218
- Financial charges +€124
up €124 (+93.8%), from €133 to €257
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 | €183,460 | €166,822 | -€16,638 | -9.1% |
| Current assets | 29/58 | €183,460 | €166,822 | -€16,638 | -9.1% |
| Amounts receivable after more than one year | 29 | €2,317 | - | -€2,317 | |
| Other amounts receivable | 291 | €2,317 | - | -€2,317 | |
| Amounts receivable within one year | 40/41 | €143,312 | €144,353 | +€1,041 | +0.7% |
| Trade receivables | 40 | €95,653 | €92,971 | -€2,682 | -2.8% |
| Other amounts receivable | 41 | €47,659 | €51,382 | +€3,723 | +7.8% |
| Cash at bank and in hand | 54/58 | €37,831 | €22,469 | -€15,362 | -40.6% |
| Total equity and liabilities | 10/49 | €183,460 | €166,822 | -€16,638 | -9.1% |
| Equity | 10/15 | €90,200 | €97,882 | +€7,682 | +8.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €80,607 | €88,289 | +€7,682 | +9.5% |
| Distributable reserves | 133 | €80,607 | €88,289 | +€7,682 | +9.5% |
| Profit (loss) carried forward | 14 | -€9,007 | -€9,007 | = | 0.0% |
| Amounts payable | 17/49 | €93,260 | €68,940 | -€24,320 | -26.1% |
| Amounts payable within one year | 42/48 | €93,260 | €68,940 | -€24,320 | -26.1% |
| Trade debts | 44 | €90,136 | €61,613 | -€28,523 | -31.6% |
| Suppliers | 440/4 | €90,136 | €61,613 | -€28,523 | -31.6% |
| Taxes, remuneration and social security | 45 | €1,972 | €6,463 | +€4,492 | +228% |
| Taxes | 450/3 | €1,972 | €6,463 | +€4,492 | +228% |
| Other amounts payable | 47/48 | €1,153 | €864 | -€289 | -25.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,124 | - | -€1,124 | |
| Gross operating margin | 9900 | €4,872 | €12,212 | +€7,340 | +151% |
| Operating profit (loss) | 9901 | €3,748 | €12,212 | +€8,464 | +226% |
| Financial income | 75/76B | €964 | €218 | -€746 | -77.4% |
| Recurring financial income | 75 | €964 | €218 | -€746 | -77.4% |
| Financial charges | 65/66B | €133 | €257 | +€124 | +93.8% |
| Recurring financial charges | 65 | €133 | €257 | +€124 | +93.8% |
| Profit (loss) for the period before taxes | 9903 | €4,580 | €12,173 | +€7,594 | +166% |
| Income taxes | 67/77 | €1,972 | €4,492 | +€2,520 | +128% |
| Profit (loss) for the period | 9904 | €2,608 | €7,682 | +€5,074 | +195% |
| Profit (loss) for the period to be appropriated | 9905 | €2,608 | €7,682 | +€5,074 | +195% |
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 25 October 2026 via checked.be.