KEURKAAS DICKERS: 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.
KEURKAAS DICKERS
Largest movements
- Cash +€5,037
up €5,037 (+16.9%), from €29,723 to €34,760
mainly Net result for the year (+€8,284) and Trade debts (+€3,165)
- Tangible fixed assets -€2,979
down €2,979 (-43.4%), from €6,861 to €3,882
of which Other tangible fixed assets: -€1,945
- Receivables within one year +€2,776
up €2,776 (+16.1%), from €17,290 to €20,066
- Reserves +€8,284
up €8,284 (+14.9%), from €55,443 to €63,727
- Tax, wage and social debts -€6,823
down €6,823 (-51.4%), from €13,274 to €6,451
of which Taxes: -€4,493
- Trade debts +€3,165
up €3,165 (+44.2%), from €7,163 to €10,328
- Staff costs +€5,734
up €5,734 (+12.5%), from €45,756 to €51,490
- Taxes -€2,593
down €2,593 (-35.3%), from €7,344 to €4,751
- Gross operating margin -€1,924
down €1,924 (-2.6%), from €73,458 to €71,534
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 | €97,863 | €102,489 | +€4,626 | +4.7% |
| Fixed assets | 21/28 | €7,061 | €4,082 | -€2,979 | -42.2% |
| Tangible fixed assets | 22/27 | €6,861 | €3,882 | -€2,979 | -43.4% |
| Plant, machinery and equipment | 23 | €760 | €380 | -€380 | -50.0% |
| Furniture and vehicles | 24 | €1,961 | €1,307 | -€654 | -33.4% |
| Other tangible fixed assets | 26 | €4,140 | €2,195 | -€1,945 | -47.0% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €90,802 | €98,407 | +€7,605 | +8.4% |
| Amounts receivable after more than one year | 29 | €40,000 | €40,000 | = | 0.0% |
| Other amounts receivable | 291 | €40,000 | €40,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €2,394 | €2,381 | -€13 | -0.5% |
| Stocks | 30/36 | €2,394 | €2,381 | -€13 | -0.5% |
| Amounts receivable within one year | 40/41 | €17,290 | €20,066 | +€2,776 | +16.1% |
| Other amounts receivable | 41 | €17,290 | €20,066 | +€2,776 | +16.1% |
| Cash at bank and in hand | 54/58 | €29,723 | €34,760 | +€5,037 | +16.9% |
| Deferred charges and accrued income | 490/1 | €1,395 | €1,200 | -€195 | -14.0% |
| Total equity and liabilities | 10/49 | €97,863 | €102,489 | +€4,626 | +4.7% |
| Equity | 10/15 | €74,093 | €82,377 | +€8,284 | +11.2% |
| Contributions | 10/11 | €18,650 | €18,650 | = | 0.0% |
| Reserves | 13 | €55,443 | €63,727 | +€8,284 | +14.9% |
| Distributable reserves | 133 | €55,443 | €63,727 | +€8,284 | +14.9% |
| Amounts payable | 17/49 | €23,770 | €20,112 | -€3,658 | -15.4% |
| Amounts payable within one year | 42/48 | €23,770 | €20,112 | -€3,658 | -15.4% |
| Current portion of amounts payable after more than one year | 42 | €3,333 | €3,333 | = | 0.0% |
| Trade debts | 44 | €7,163 | €10,328 | +€3,165 | +44.2% |
| Suppliers | 440/4 | €7,163 | €10,328 | +€3,165 | +44.2% |
| Taxes, remuneration and social security | 45 | €13,274 | €6,451 | -€6,823 | -51.4% |
| Taxes | 450/3 | €5,074 | €581 | -€4,493 | -88.5% |
| Remuneration and social security | 454/9 | €8,200 | €5,870 | -€2,330 | -28.4% |
| Remuneration, social security and pensions | 62 | €45,756 | €51,490 | +€5,734 | +12.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,979 | €2,979 | = | 0.0% |
| Other operating charges | 640/8 | €1,436 | €2,047 | +€611 | +42.5% |
| Non-recurring operating charges | 66A | €489 | €1,781 | +€1,292 | +264% |
| Gross operating margin | 9900 | €73,458 | €71,534 | -€1,924 | -2.6% |
| Operating profit (loss) | 9901 | €22,798 | €13,237 | -€9,561 | -41.9% |
| Financial income | 75/76B | €2,007 | €1,972 | -€35 | -1.7% |
| Recurring financial income | 75 | €2,007 | €1,972 | -€35 | -1.7% |
| Financial charges | 65/66B | €2,719 | €2,174 | -€545 | -20.0% |
| Recurring financial charges | 65 | €2,719 | €2,174 | -€545 | -20.0% |
| Profit (loss) for the period before taxes | 9903 | €22,086 | €13,035 | -€9,051 | -41.0% |
| Income taxes | 67/77 | €7,344 | €4,751 | -€2,593 | -35.3% |
| Profit (loss) for the period | 9904 | €14,742 | €8,284 | -€6,458 | -43.8% |
| Profit (loss) for the period to be appropriated | 9905 | €14,742 | €8,284 | -€6,458 | -43.8% |
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 31 October 2026 via checked.be.