KOOKTIJD: 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.
KOOKTIJD
Largest movements
- Receivables within one year -€61,063
down €61,063 (-64.0%), from €95,359 to €34,296
of which Trade receivables: -€63,228
- Tangible fixed assets -€56,023
down €56,023 (-3.8%), from €1.5m to €1.4m
of which Land and buildings: -€35,789
- Stocks and contracts +€38,305
up €38,305 (+12.4%), from €308,728 to €347,034
- Cash +€27,262
up €27,262 (+19.2%), from €141,666 to €168,929
mainly Net result for the year (+€124,886) and Tax, wage and social debts (+€62,276)
- Reserves +€124,886
up €124,886 (+27.1%), from €460,195 to €585,081
- Debts after one year -€101,070
down €101,070 (-9.1%), from €1.1m to €1.0m
- Tax, wage and social debts +€62,276
up €62,276 (+48.8%), from €127,629 to €189,904
of which Taxes: +€64,548
- Trade debts -€59,562
down €59,562 (-72.1%), from €82,658 to €23,095
- Other debts -€53,544
no longer reported in 2025 (was €53,544)
- Gross operating margin +€49,361
up €49,361 (+14.1%), from €350,648 to €400,009
- Taxes +€21,995
up €21,995 (+59.2%), from €37,125 to €59,120
- Other operating charges -€10,565
down €10,565 (-85.8%), from €12,312 to €1,747
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 | €2,024,518 | €1,969,294 | -€55,224 | -2.7% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €1,468,390 | €1,412,367 | -€56,023 | -3.8% |
| Tangible fixed assets | 22/27 | €1,468,390 | €1,412,367 | -€56,023 | -3.8% |
| Land and buildings | 22 | €1,321,036 | €1,285,247 | -€35,789 | -2.7% |
| Plant, machinery and equipment | 23 | €4,261 | €3,191 | -€1,070 | -25.1% |
| Furniture and vehicles | 24 | €3,552 | €2,673 | -€879 | -24.8% |
| Leasing and similar rights | 25 | €11,746 | €7,280 | -€4,466 | -38.0% |
| Other tangible fixed assets | 26 | €127,796 | €113,977 | -€13,819 | -10.8% |
| Current assets | 29/58 | €556,128 | €556,927 | +€799 | +0.1% |
| Stocks and contracts in progress | 3 | €308,728 | €347,034 | +€38,305 | +12.4% |
| Stocks | 30/36 | €308,728 | €347,034 | +€38,305 | +12.4% |
| Amounts receivable within one year | 40/41 | €95,359 | €34,296 | -€61,063 | -64.0% |
| Trade receivables | 40 | €90,448 | €27,220 | -€63,228 | -69.9% |
| Other amounts receivable | 41 | €4,911 | €7,076 | +€2,165 | +44.1% |
| Cash at bank and in hand | 54/58 | €141,666 | €168,929 | +€27,262 | +19.2% |
| Deferred charges and accrued income | 490/1 | €10,374 | €6,668 | -€3,706 | -35.7% |
| Total equity and liabilities | 10/49 | €2,024,518 | €1,969,294 | -€55,224 | -2.7% |
| Equity | 10/15 | €469,195 | €594,081 | +€124,886 | +26.6% |
| Contributions | 10/11 | €9,000 | €9,000 | = | 0.0% |
| Reserves | 13 | €460,195 | €585,081 | +€124,886 | +27.1% |
| Distributable reserves | 133 | €460,195 | €585,081 | +€124,886 | +27.1% |
| Amounts payable | 17/49 | €1,555,323 | €1,375,212 | -€180,111 | -11.6% |
| Amounts payable after more than one year | 17 | €1,111,816 | €1,010,747 | -€101,070 | -9.1% |
| Financial debts | 170/4 | €1,111,816 | €1,010,747 | -€101,070 | -9.1% |
| Amounts payable within one year | 42/48 | €443,507 | €364,069 | -€79,437 | -17.9% |
| Current portion of amounts payable after more than one year | 42 | €104,676 | €101,070 | -€3,607 | -3.4% |
| Financial debts | 43 | €75,000 | €50,000 | -€25,000 | -33.3% |
| Credit institutions | 430/8 | €75,000 | €50,000 | -€25,000 | -33.3% |
| Trade debts | 44 | €82,658 | €23,095 | -€59,562 | -72.1% |
| Suppliers | 440/4 | €82,658 | €23,095 | -€59,562 | -72.1% |
| Taxes, remuneration and social security | 45 | €127,629 | €189,904 | +€62,276 | +48.8% |
| Taxes | 450/3 | €117,473 | €182,021 | +€64,548 | +54.9% |
| Remuneration and social security | 454/9 | €10,156 | €7,884 | -€2,272 | -22.4% |
| Other amounts payable | 47/48 | €53,544 | - | -€53,544 | |
| Accrued charges and deferred income | 492/3 | - | €397 | +€397 | |
| Remuneration, social security and pensions | 62 | €70,435 | €71,523 | +€1,088 | +1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €62,340 | €62,207 | -€133 | -0.2% |
| Other operating charges | 640/8 | €12,312 | €1,747 | -€10,565 | -85.8% |
| Gross operating margin | 9900 | €350,648 | €400,009 | +€49,361 | +14.1% |
| Operating profit (loss) | 9901 | €205,562 | €264,532 | +€58,970 | +28.7% |
| Financial income | 75/76B | €4,555 | €7,674 | +€3,119 | +68.5% |
| Recurring financial income | 75 | €4,555 | €7,674 | +€3,119 | +68.5% |
| Financial charges | 65/66B | €90,977 | €88,199 | -€2,777 | -3.1% |
| Recurring financial charges | 65 | €90,977 | €88,199 | -€2,777 | -3.1% |
| Profit (loss) for the period before taxes | 9903 | €119,140 | €184,006 | +€64,866 | +54.4% |
| Income taxes | 67/77 | €37,125 | €59,120 | +€21,995 | +59.2% |
| Profit (loss) for the period | 9904 | €82,015 | €124,886 | +€42,871 | +52.3% |
| Profit (loss) for the period to be appropriated | 9905 | €82,015 | €124,886 | +€42,871 | +52.3% |
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 16 October 2026 via checked.be.