Koekeloere: what changed
Koekeloere
Largest movements
- Cash +€32,548
up €32,548 (+66.5%), from €48,954 to €81,501
mainly Net result for the year (+€45,146) and Other debts (+€43,958)
- Tangible fixed assets +€9,105
up €9,105 (+60.7%), from €14,989 to €24,094
of which Furniture and vehicles: +€11,821
- Current investments +€5,647
new in 2025: €5,647
- Receivables within one year -€1,555
down €1,555 (-12.1%), from €12,852 to €11,297
- Intangible fixed assets -€1,400
down €1,400 (-33.7%), from €4,154 to €2,754
- Other debts +€43,958
up €43,958 (+155%), from €28,347 to €72,305
- Tax, wage and social debts +€9,015
up €9,015 (+65.0%), from €13,859 to €22,874
of which Taxes: +€9,326
- Trade debts -€4,999
down €4,999 (-48.2%), from €10,375 to €5,377
- Current portion of long-term debt -€2,567
down €2,567 (-74.2%), from €3,459 to €892
- Gross operating margin +€31,242
up €31,242 (+13.8%), from €226,202 to €257,444
- Staff costs -€6,688
down €6,688 (-3.4%), from €199,611 to €192,922
- Taxes +€5,952
up €5,952 (+99.4%), from €5,987 to €11,939
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 | €87,185 | €131,700 | +€44,515 | +51.1% |
| Fixed assets | 21/28 | €19,143 | €26,848 | +€7,705 | +40.3% |
| Intangible fixed assets | 21 | €4,154 | €2,754 | -€1,400 | -33.7% |
| Tangible fixed assets | 22/27 | €14,989 | €24,094 | +€9,105 | +60.7% |
| Furniture and vehicles | 24 | €1,780 | €13,601 | +€11,821 | +664% |
| Other tangible fixed assets | 26 | €13,208 | €10,493 | -€2,716 | -20.6% |
| Current assets | 29/58 | €68,042 | €104,852 | +€36,810 | +54.1% |
| Amounts receivable within one year | 40/41 | €12,852 | €11,297 | -€1,555 | -12.1% |
| Trade receivables | 40 | €12,852 | €11,297 | -€1,555 | -12.1% |
| Current investments | 50/53 | - | €5,647 | +€5,647 | |
| Cash at bank and in hand | 54/58 | €48,954 | €81,501 | +€32,548 | +66.5% |
| Deferred charges and accrued income | 490/1 | €6,237 | €6,406 | +€170 | +2.7% |
| Total equity and liabilities | 10/49 | €87,185 | €131,700 | +€44,515 | +51.1% |
| Equity | 10/15 | €30,252 | €30,252 | = | 0.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €25,252 | €25,252 | = | 0.0% |
| Distributable reserves | 133 | €25,252 | €25,252 | = | 0.0% |
| Amounts payable | 17/49 | €56,932 | €101,447 | +€44,515 | +78.2% |
| Amounts payable after more than one year | 17 | €892 | - | -€892 | |
| Financial debts | 170/4 | €892 | - | -€892 | |
| Amounts payable within one year | 42/48 | €56,040 | €101,447 | +€45,407 | +81.0% |
| Current portion of amounts payable after more than one year | 42 | €3,459 | €892 | -€2,567 | -74.2% |
| Trade debts | 44 | €10,375 | €5,377 | -€4,999 | -48.2% |
| Suppliers | 440/4 | €10,375 | €5,377 | -€4,999 | -48.2% |
| Taxes, remuneration and social security | 45 | €13,859 | €22,874 | +€9,015 | +65.0% |
| Taxes | 450/3 | €4,616 | €13,941 | +€9,326 | +202% |
| Remuneration and social security | 454/9 | €9,244 | €8,932 | -€311 | -3.4% |
| Other amounts payable | 47/48 | €28,347 | €72,305 | +€43,958 | +155% |
| Remuneration, social security and pensions | 62 | €199,611 | €192,922 | -€6,688 | -3.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,349 | €5,523 | +€1,174 | +27.0% |
| Other operating charges | 640/8 | €158 | €1,423 | +€1,265 | +801% |
| Gross operating margin | 9900 | €226,202 | €257,444 | +€31,242 | +13.8% |
| Operating profit (loss) | 9901 | €22,085 | €57,575 | +€35,491 | +161% |
| Financial income | 75/76B | €0 | €49 | +€49 | +60,625% |
| Recurring financial income | 75 | €0 | €49 | +€49 | +60,625% |
| Financial charges | 65/66B | €689 | €539 | -€150 | -21.8% |
| Recurring financial charges | 65 | €689 | €539 | -€150 | -21.8% |
| Profit (loss) for the period before taxes | 9903 | €21,396 | €57,085 | +€35,689 | +167% |
| Income taxes | 67/77 | €5,987 | €11,939 | +€5,952 | +99.4% |
| Profit (loss) for the period | 9904 | €15,409 | €45,146 | +€29,737 | +193% |
| Profit (loss) for the period to be appropriated | 9905 | €15,409 | €45,146 | +€29,737 | +193% |
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 3 November 2026 via checked.be.