KIM DUCHATEAU: what changed
KIM DUCHATEAU
Largest movements
- Receivables within one year +€8,194
up €8,194 (+59.3%), from €13,826 to €22,020
of which Other amounts receivable: +€6,372
- Cash -€7,541
down €7,541 (-3.4%), from €223,121 to €215,579
mainly Receivables within one year (-€8,194) and Tax, wage and social debts (-€3,576)
- Tangible fixed assets -€3,809
down €3,809 (-38.0%), from €10,015 to €6,207
of which Furniture and vehicles: -€2,319
- Reserves +€4,015
up €4,015 (+2.5%), from €160,279 to €164,294
of which Distributable reserves: +€4,015
- Tax, wage and social debts -€3,576
down €3,576 (-48.1%), from €7,429 to €3,854
- Other debts -€3,335
down €3,335 (-73.4%), from €4,543 to €1,208
- Gross operating margin -€29,018
down €29,018 (-74.7%), from €38,859 to €9,841
- Taxes -€8,960
down €8,960 (-82.0%), from €10,926 to €1,967
- Depreciation -€2,754
down €2,754 (-42.0%), from €6,562 to €3,809
- Financial charges -€652
down €652 (-83.0%), from €785 to €134
- Financial income -€576
down €576 (-34.0%), from €1,693 to €1,116
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 | €247,687 | €244,917 | -€2,770 | -1.1% |
| Fixed assets | 21/28 | €10,015 | €6,207 | -€3,809 | -38.0% |
| Tangible fixed assets | 22/27 | €10,015 | €6,207 | -€3,809 | -38.0% |
| Land and buildings | 22 | €2,815 | €1,325 | -€1,489 | -52.9% |
| Furniture and vehicles | 24 | €2,319 | - | -€2,319 | |
| Other tangible fixed assets | 26 | €4,882 | €4,882 | = | 0.0% |
| Current assets | 29/58 | €237,672 | €238,710 | +€1,038 | +0.4% |
| Amounts receivable within one year | 40/41 | €13,826 | €22,020 | +€8,194 | +59.3% |
| Trade receivables | 40 | €13,593 | €15,415 | +€1,822 | +13.4% |
| Other amounts receivable | 41 | €233 | €6,606 | +€6,372 | +2,733% |
| Cash at bank and in hand | 54/58 | €223,121 | €215,579 | -€7,541 | -3.4% |
| Deferred charges and accrued income | 490/1 | €725 | €1,111 | +€386 | +53.2% |
| Total equity and liabilities | 10/49 | €247,687 | €244,917 | -€2,770 | -1.1% |
| Equity | 10/15 | €235,186 | €239,201 | +€4,015 | +1.7% |
| Contributions | 10/11 | €52,600 | €52,600 | = | 0.0% |
| Reserves | 13 | €160,279 | €164,294 | +€4,015 | +2.5% |
| Tax-exempt reserves | 132 | €30,922 | €30,922 | = | 0.0% |
| Distributable reserves | 133 | €129,357 | €133,372 | +€4,015 | +3.1% |
| Profit (loss) carried forward | 14 | €22,307 | €22,307 | = | 0.0% |
| Amounts payable | 17/49 | €12,502 | €5,716 | -€6,786 | -54.3% |
| Amounts payable within one year | 42/48 | €12,502 | €5,716 | -€6,786 | -54.3% |
| Trade debts | 44 | €529 | €655 | +€125 | +23.6% |
| Suppliers | 440/4 | €529 | €655 | +€125 | +23.6% |
| Taxes, remuneration and social security | 45 | €7,429 | €3,854 | -€3,576 | -48.1% |
| Taxes | 450/3 | €7,429 | €3,854 | -€3,576 | -48.1% |
| Other amounts payable | 47/48 | €4,543 | €1,208 | -€3,335 | -73.4% |
| Non-recurring operating income | 76A | €200 | - | -€200 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,562 | €3,809 | -€2,754 | -42.0% |
| Other operating charges | 640/8 | €782 | €1,034 | +€251 | +32.1% |
| Gross operating margin | 9900 | €38,859 | €9,841 | -€29,018 | -74.7% |
| Operating profit (loss) | 9901 | €31,514 | €4,999 | -€26,515 | -84.1% |
| Financial income | 75/76B | €1,693 | €1,116 | -€576 | -34.0% |
| Recurring financial income | 75 | €1,693 | €1,116 | -€576 | -34.0% |
| Financial charges | 65/66B | €785 | €134 | -€652 | -83.0% |
| Recurring financial charges | 65 | €785 | €134 | -€652 | -83.0% |
| Profit (loss) for the period before taxes | 9903 | €32,422 | €5,982 | -€26,440 | -81.5% |
| Income taxes | 67/77 | €10,926 | €1,967 | -€8,960 | -82.0% |
| Profit (loss) for the period | 9904 | €21,495 | €4,015 | -€17,480 | -81.3% |
| Profit (loss) for the period to be appropriated | 9905 | €21,495 | €4,015 | -€17,480 | -81.3% |
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 7 November 2026 via checked.be.