KLINKERWERKEN VERTESSEN: 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.
KLINKERWERKEN VERTESSEN
Largest movements
- Tangible fixed assets -€24,555
down €24,555 (-6.6%), from €370,385 to €345,830
of which Land and buildings: -€13,503
- Receivables within one year -€12,686
down €12,686 (-31.7%), from €40,032 to €27,346
of which Trade receivables: -€18,027
- Cash -€7,248
no longer reported in 2025 (was €7,248)
mainly Net result for the year (-€51,551) and Provisions (-€24,750)
- Profit (loss) carried forward -€51,551
down €51,551, from €21,699 to -€29,852
- Provisions -€24,750
no longer reported in 2025 (was €24,750)
- Other debts +€12,946
up €12,946 (+27.5%), from €47,031 to €59,977
- Debts after one year +€12,750
up €12,750 (+6.2%), from €205,433 to €218,183
of which Other amounts payable: +€24,750
- Trade debts +€9,337
up €9,337 (+290%), from €3,219 to €12,556
- Gross operating margin -€64,717
down €64,717, from €51,450 to -€13,267
- Financial charges -€4,956
down €4,956 (-27.1%), from €18,264 to €13,308
- Depreciation -€1,798
down €1,798 (-6.8%), from €26,352 to €24,554
- Staff costs -€604
no longer reported in 2025 (was €604)
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 | €418,139 | €373,227 | -€44,912 | -10.7% |
| Fixed assets | 21/28 | €370,385 | €345,881 | -€24,504 | -6.6% |
| Tangible fixed assets | 22/27 | €370,385 | €345,830 | -€24,555 | -6.6% |
| Land and buildings | 22 | €317,441 | €303,938 | -€13,503 | -4.3% |
| Plant, machinery and equipment | 23 | €46,894 | €38,750 | -€8,144 | -17.4% |
| Furniture and vehicles | 24 | €6,049 | €3,142 | -€2,907 | -48.1% |
| Financial fixed assets | 28 | - | €51 | +€51 | |
| Current assets | 29/58 | €47,755 | €27,346 | -€20,409 | -42.7% |
| Stocks and contracts in progress | 3 | €51 | - | -€51 | |
| Stocks | 30/36 | €51 | - | -€51 | |
| Amounts receivable within one year | 40/41 | €40,032 | €27,346 | -€12,686 | -31.7% |
| Trade receivables | 40 | €38,873 | €20,846 | -€18,027 | -46.4% |
| Other amounts receivable | 41 | €1,159 | €6,500 | +€5,341 | +461% |
| Cash at bank and in hand | 54/58 | €7,248 | - | -€7,248 | |
| Deferred charges and accrued income | 490/1 | €423 | - | -€423 | |
| Total equity and liabilities | 10/49 | €418,139 | €373,227 | -€44,912 | -10.7% |
| Equity | 10/15 | €120,034 | €68,483 | -€51,551 | -42.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €92,135 | €92,135 | +€0 | 0.0% |
| Tax-exempt reserves | 132 | €74,250 | €74,250 | = | 0.0% |
| Distributable reserves | 133 | €17,885 | €17,885 | +€0 | 0.0% |
| Profit (loss) carried forward | 14 | €21,699 | -€29,852 | -€51,551 | |
| Provisions and deferred taxes | 16 | €24,750 | - | -€24,750 | |
| Deferred taxes | 168 | €24,750 | - | -€24,750 | |
| Amounts payable | 17/49 | €273,355 | €304,744 | +€31,389 | +11.5% |
| Amounts payable after more than one year | 17 | €205,433 | €218,183 | +€12,750 | +6.2% |
| Financial debts | 170/4 | €205,433 | €193,433 | -€12,000 | -5.8% |
| Other amounts payable | 178/9 | - | €24,750 | +€24,750 | |
| Amounts payable within one year | 42/48 | €67,922 | €86,561 | +€18,639 | +27.4% |
| Current portion of amounts payable after more than one year | 42 | €11,828 | €12,000 | +€172 | +1.5% |
| Financial debts | 43 | - | €1,255 | +€1,255 | |
| Credit institutions | 430/8 | - | €1,255 | +€1,255 | |
| Trade debts | 44 | €3,219 | €12,556 | +€9,337 | +290% |
| Suppliers | 440/4 | €3,219 | €12,556 | +€9,337 | +290% |
| Taxes, remuneration and social security | 45 | €5,844 | €773 | -€5,071 | -86.8% |
| Taxes | 450/3 | €140 | €773 | +€633 | +454% |
| Remuneration and social security | 454/9 | €5,705 | - | -€5,705 | |
| Other amounts payable | 47/48 | €47,031 | €59,977 | +€12,946 | +27.5% |
| Remuneration, social security and pensions | 62 | €604 | - | -€604 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,352 | €24,554 | -€1,798 | -6.8% |
| Other operating charges | 640/8 | €687 | €422 | -€265 | -38.6% |
| Gross operating margin | 9900 | €51,450 | -€13,267 | -€64,717 | |
| Operating profit (loss) | 9901 | €23,807 | -€38,243 | -€62,050 | |
| Financial charges | 65/66B | €18,264 | €13,308 | -€4,956 | -27.1% |
| Recurring financial charges | 65 | €18,264 | €13,308 | -€4,956 | -27.1% |
| Profit (loss) for the period before taxes | 9903 | €5,543 | -€51,551 | -€57,094 | |
| Transfer from deferred taxes | 780 | €1,375 | - | -€1,375 | |
| Income taxes | 67/77 | €140 | - | -€140 | |
| Profit (loss) for the period | 9904 | €6,778 | -€51,551 | -€58,329 | |
| Transfer from tax-exempt reserves | 789 | €4,125 | - | -€4,125 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,903 | -€51,551 | -€62,454 |
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 17 October 2026 via checked.be.