KERREMANS TECHNIEKEN: 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.
KERREMANS TECHNIEKEN
Largest movements
- Cash +€37,344
up €37,344 (+31.9%), from €117,005 to €154,349
mainly Net result for the year (+€28,668) and Depreciation (+€19,273)
- Tangible fixed assets -€16,492
down €16,492 (-16.1%), from €102,261 to €85,769
- Receivables within one year -€14,041
down €14,041 (-44.2%), from €31,734 to €17,693
of which Trade receivables: -€9,835
- Stocks and contracts -€11,500
down €11,500 (-63.9%), from €18,000 to €6,500
of which Contracts in progress: -€13,000
- Reserves +€28,668
up €28,668 (+17.2%), from €166,318 to €194,986
of which Distributable reserves: +€28,668
- Trade debts -€27,664
down €27,664 (-67.4%), from €41,065 to €13,402
- Advances received +€11,441
new in 2025: €11,441
- Tax, wage and social debts -€7,641
down €7,641 (-88.3%), from €8,654 to €1,013
of which Remuneration and social security: -€7,641
- Debts after one year -€5,900
down €5,900 (-19.2%), from €30,765 to €24,865
- Gross operating margin +€15,327
up €15,327 (+28.3%), from €54,223 to €69,550
- Staff costs +€6,197
up €6,197 (+249%), from €2,488 to €8,686
- Taxes +€2,650
up €2,650 (+31.1%), from €8,513 to €11,162
- Financial charges -€1,420
down €1,420 (-39.8%), from €3,568 to €2,148
- Financial income +€801
up €801 (+53.5%), from €1,496 to €2,297
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 | €270,740 | €266,051 | -€4,689 | -1.7% |
| Fixed assets | 21/28 | €103,011 | €86,519 | -€16,492 | -16.0% |
| Tangible fixed assets | 22/27 | €102,261 | €85,769 | -€16,492 | -16.1% |
| Land and buildings | 22 | €78,296 | €72,668 | -€5,628 | -7.2% |
| Plant, machinery and equipment | 23 | €5,941 | €3,532 | -€2,409 | -40.6% |
| Furniture and vehicles | 24 | €13,732 | €6,098 | -€7,634 | -55.6% |
| Other tangible fixed assets | 26 | €4,291 | €3,470 | -€821 | -19.1% |
| Financial fixed assets | 28 | €750 | €750 | = | 0.0% |
| Current assets | 29/58 | €167,729 | €179,532 | +€11,803 | +7.0% |
| Stocks and contracts in progress | 3 | €18,000 | €6,500 | -€11,500 | -63.9% |
| Stocks | 30/36 | €5,000 | €6,500 | +€1,500 | +30.0% |
| Contracts in progress | 37 | €13,000 | €0 | -€13,000 | -100% |
| Amounts receivable within one year | 40/41 | €31,734 | €17,693 | -€14,041 | -44.2% |
| Trade receivables | 40 | €18,736 | €8,901 | -€9,835 | -52.5% |
| Other amounts receivable | 41 | €12,998 | €8,792 | -€4,206 | -32.4% |
| Current investments | 50/53 | €990 | €990 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €117,005 | €154,349 | +€37,344 | +31.9% |
| Total equity and liabilities | 10/49 | €270,740 | €266,051 | -€4,689 | -1.7% |
| Equity | 10/15 | €178,718 | €207,386 | +€28,668 | +16.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €166,318 | €194,986 | +€28,668 | +17.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €164,458 | €193,126 | +€28,668 | +17.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €92,022 | €58,665 | -€33,357 | -36.2% |
| Amounts payable after more than one year | 17 | €30,765 | €24,865 | -€5,900 | -19.2% |
| Financial debts | 170/4 | €30,765 | €24,865 | -€5,900 | -19.2% |
| Amounts payable within one year | 42/48 | €61,257 | €33,800 | -€27,457 | -44.8% |
| Current portion of amounts payable after more than one year | 42 | €9,383 | €5,900 | -€3,483 | -37.1% |
| Trade debts | 44 | €41,065 | €13,402 | -€27,664 | -67.4% |
| Suppliers | 440/4 | €41,065 | €13,402 | -€27,664 | -67.4% |
| Advances received on contracts in progress | 46 | - | €11,441 | +€11,441 | |
| Taxes, remuneration and social security | 45 | €8,654 | €1,013 | -€7,641 | -88.3% |
| Taxes | 450/3 | €1,013 | €1,013 | = | 0.0% |
| Remuneration and social security | 454/9 | €7,641 | €0 | -€7,641 | -100% |
| Other amounts payable | 47/48 | €2,155 | €2,045 | -€110 | -5.1% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €2,488 | €8,686 | +€6,197 | +249% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,804 | €19,273 | +€468 | +2.5% |
| Other operating charges | 640/8 | €1,473 | €1,910 | +€437 | +29.6% |
| Gross operating margin | 9900 | €54,223 | €69,550 | +€15,327 | +28.3% |
| Operating profit (loss) | 9901 | €31,457 | €39,682 | +€8,224 | +26.1% |
| Financial income | 75/76B | €1,496 | €2,297 | +€801 | +53.5% |
| Recurring financial income | 75 | €1,496 | €2,297 | +€801 | +53.5% |
| Financial charges | 65/66B | €3,568 | €2,148 | -€1,420 | -39.8% |
| Recurring financial charges | 65 | €3,568 | €2,148 | -€1,420 | -39.8% |
| Profit (loss) for the period before taxes | 9903 | €29,385 | €39,830 | +€10,446 | +35.5% |
| Income taxes | 67/77 | €8,513 | €11,162 | +€2,650 | +31.1% |
| Profit (loss) for the period | 9904 | €20,872 | €28,668 | +€7,796 | +37.4% |
| Profit (loss) for the period to be appropriated | 9905 | €20,872 | €28,668 | +€7,796 | +37.4% |
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 28 October 2026 via checked.be.