KERREWEG: 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.
KERREWEG
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Other debts +€23,552
up €23,552 (+5.3%), from €446,034 to €469,585
- Trade debts -€11,833
down €11,833 (-17.3%), from €68,470 to €56,636
- Profit (loss) carried forward -€8,191
down €8,191 (-6.2%), from €131,576 to €123,385
- Gross operating margin -€54,322
down €54,322 (-76.3%), from €71,242 to €16,920
- Financial income -€3,880
down €3,880 (-38.0%), from €10,215 to €6,336
- Depreciation +€3,073
up €3,073 (+11.8%), from €26,014 to €29,087
- Financial charges -€723
down €723 (-89.8%), from €805 to €82
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 | €721,536 | €726,369 | +€4,832 | +0.7% |
| Fixed assets | 21/28 | €297,123 | €294,135 | -€2,989 | -1.0% |
| Tangible fixed assets | 22/27 | €296,473 | €293,485 | -€2,989 | -1.0% |
| Land and buildings | 22 | €280,780 | €286,951 | +€6,171 | +2.2% |
| Plant, machinery and equipment | 23 | €3,826 | €3,264 | -€562 | -14.7% |
| Furniture and vehicles | 24 | €11,868 | €3,270 | -€8,598 | -72.4% |
| Financial fixed assets | 28 | €650 | €650 | = | 0.0% |
| Current assets | 29/58 | €424,413 | €432,234 | +€7,821 | +1.8% |
| Stocks and contracts in progress | 3 | €6,527 | €5,063 | -€1,465 | -22.4% |
| Stocks | 30/36 | €6,527 | €5,063 | -€1,465 | -22.4% |
| Amounts receivable within one year | 40/41 | €16,004 | €21,493 | +€5,489 | +34.3% |
| Trade receivables | 40 | €13,480 | €19,618 | +€6,138 | +45.5% |
| Other amounts receivable | 41 | €2,524 | €1,875 | -€649 | -25.7% |
| Cash at bank and in hand | 54/58 | €401,881 | €405,678 | +€3,797 | +0.9% |
| Total equity and liabilities | 10/49 | €721,536 | €726,369 | +€4,832 | +0.7% |
| Equity | 10/15 | €175,635 | €167,443 | -€8,191 | -4.7% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €19,059 | €19,059 | = | 0.0% |
| Tax-exempt reserves | 132 | €16,559 | €16,559 | = | 0.0% |
| Distributable reserves | 133 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €131,576 | €123,385 | -€8,191 | -6.2% |
| Amounts payable | 17/49 | €545,902 | €558,925 | +€13,024 | +2.4% |
| Amounts payable within one year | 42/48 | €514,928 | €527,943 | +€13,015 | +2.5% |
| Trade debts | 44 | €68,470 | €56,636 | -€11,833 | -17.3% |
| Suppliers | 440/4 | €68,470 | €56,636 | -€11,833 | -17.3% |
| Taxes, remuneration and social security | 45 | €424 | €1,721 | +€1,297 | +306% |
| Taxes | 450/3 | €424 | €1,721 | +€1,297 | +306% |
| Other amounts payable | 47/48 | €446,034 | €469,585 | +€23,552 | +5.3% |
| Accrued charges and deferred income | 492/3 | €30,974 | €30,983 | +€9 | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,014 | €29,087 | +€3,073 | +11.8% |
| Other operating charges | 640/8 | €2,397 | €2,278 | -€119 | -5.0% |
| Gross operating margin | 9900 | €71,242 | €16,920 | -€54,322 | -76.3% |
| Operating profit (loss) | 9901 | €42,830 | -€14,445 | -€57,275 | |
| Financial income | 75/76B | €10,215 | €6,336 | -€3,880 | -38.0% |
| Recurring financial income | 75 | €10,215 | €6,336 | -€3,880 | -38.0% |
| Financial charges | 65/66B | €805 | €82 | -€723 | -89.8% |
| Recurring financial charges | 65 | €805 | €82 | -€723 | -89.8% |
| Profit (loss) for the period before taxes | 9903 | €52,241 | -€8,191 | -€60,432 | |
| Profit (loss) for the period | 9904 | €52,241 | -€8,191 | -€60,432 | |
| Profit (loss) for the period to be appropriated | 9905 | €52,241 | -€8,191 | -€60,432 |
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 28 October 2026 via checked.be.