KERREMANS VASTGOED: what changed
KERREMANS VASTGOED
Largest movements
- Cash +€15,714
up €15,714 (+13.8%), from €114,109 to €129,823
mainly Net result for the year (+€52,815) and Other debts (+€16,754)
- Receivables within one year -€12,984
down €12,984 (-32.6%), from €39,864 to €26,880
of which Other amounts receivable: -€7,645
- Tangible fixed assets -€2,950
down €2,950 (-29.5%), from €10,013 to €7,062
- Deferred charges and accrued income +€1,836
up €1,836 (+31.5%), from €5,819 to €7,655
- Other debts +€16,754
up €16,754 (+33.3%), from €50,257 to €67,011
- Trade debts -€13,880
down €13,880 (-66.7%), from €20,800 to €6,920
- Current portion of long-term debt -€7,856
no longer reported in 2025 (was €7,856)
- Tax, wage and social debts +€2,904
up €2,904 (+47.9%), from €6,063 to €8,967
of which Taxes: +€6,904
- Profit (loss) carried forward +€2,815
up €2,815 (+4.4%), from €64,369 to €67,184
- Gross operating margin -€21,858
down €21,858 (-22.9%), from €95,538 to €73,680
- Taxes -€3,434
down €3,434 (-19.1%), from €17,945 to €14,511
- Other operating charges -€3,224
down €3,224 (-76.4%), from €4,219 to €995
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €169,805 | €171,420 | +€1,615 | +1.0% |
| Fixed assets | 21/28 | €10,013 | €7,062 | -€2,950 | -29.5% |
| Tangible fixed assets | 22/27 | €10,013 | €7,062 | -€2,950 | -29.5% |
| Furniture and vehicles | 24 | €10,013 | €7,062 | -€2,950 | -29.5% |
| Current assets | 29/58 | €159,792 | €164,358 | +€4,566 | +2.9% |
| Amounts receivable within one year | 40/41 | €39,864 | €26,880 | -€12,984 | -32.6% |
| Trade receivables | 40 | €8,110 | €2,771 | -€5,339 | -65.8% |
| Other amounts receivable | 41 | €31,754 | €24,109 | -€7,645 | -24.1% |
| Cash at bank and in hand | 54/58 | €114,109 | €129,823 | +€15,714 | +13.8% |
| Deferred charges and accrued income | 490/1 | €5,819 | €7,655 | +€1,836 | +31.5% |
| Total equity and liabilities | 10/49 | €169,805 | €171,420 | +€1,615 | +1.0% |
| Equity | 10/15 | €84,829 | €87,644 | +€2,815 | +3.3% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Profit (loss) carried forward | 14 | €64,369 | €67,184 | +€2,815 | +4.4% |
| Amounts payable | 17/49 | €84,976 | €83,776 | -€1,200 | -1.4% |
| Amounts payable within one year | 42/48 | €84,976 | €82,898 | -€2,078 | -2.4% |
| Current portion of amounts payable after more than one year | 42 | €7,856 | - | -€7,856 | |
| Trade debts | 44 | €20,800 | €6,920 | -€13,880 | -66.7% |
| Suppliers | 440/4 | €20,800 | €6,920 | -€13,880 | -66.7% |
| Taxes, remuneration and social security | 45 | €6,063 | €8,967 | +€2,904 | +47.9% |
| Taxes | 450/3 | €2,063 | €8,967 | +€6,904 | +335% |
| Remuneration and social security | 454/9 | €4,000 | - | -€4,000 | |
| Other amounts payable | 47/48 | €50,257 | €67,011 | +€16,754 | +33.3% |
| Accrued charges and deferred income | 492/3 | - | €878 | +€878 | |
| Remuneration, social security and pensions | 62 | €1,588 | €1,768 | +€180 | +11.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,804 | €2,950 | -€853 | -22.4% |
| Other operating charges | 640/8 | €4,219 | €995 | -€3,224 | -76.4% |
| Gross operating margin | 9900 | €95,538 | €73,680 | -€21,858 | -22.9% |
| Operating profit (loss) | 9901 | €85,928 | €67,967 | -€17,961 | -20.9% |
| Financial income | 75/76B | €43 | €21 | -€21 | -49.8% |
| Recurring financial income | 75 | €43 | €21 | -€21 | -49.8% |
| Financial charges | 65/66B | €1,085 | €663 | -€422 | -38.9% |
| Recurring financial charges | 65 | €1,085 | €663 | -€422 | -38.9% |
| Profit (loss) for the period before taxes | 9903 | €84,886 | €67,326 | -€17,560 | -20.7% |
| Income taxes | 67/77 | €17,945 | €14,511 | -€3,434 | -19.1% |
| Profit (loss) for the period | 9904 | €66,941 | €52,815 | -€14,126 | -21.1% |
| Profit (loss) for the period to be appropriated | 9905 | €66,941 | €52,815 | -€14,126 | -21.1% |
Next steps
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 8 November 2026 via checked.be.