Korte Winkel: 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.
Korte Winkel
Largest movements
- Tangible fixed assets +€489,158
up €489,158 (+32.9%), from €1.5m to €2.0m
- Debts after one year +€515,165
up €515,165 (+89.9%), from €573,324 to €1.1m
- Other debts +€78,394
up €78,394 (+189%), from €41,546 to €119,940
- Profit (loss) carried forward -€71,863
down €71,863 (-94.3%), from €76,183 to €4,320
- Trade debts -€21,743
down €21,743 (-75.4%), from €28,846 to €7,102
- Gross operating margin -€70,908
down €70,908 (-73.2%), from €96,868 to €25,961
- Depreciation +€12,164
up €12,164 (+29.5%), from €41,250 to €53,414
- Taxes -€3,252
down €3,252 (-100%), from €3,252 to €0
- Turnover -€1,491
down €1,491 (-100%), from €1,491 to €0
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 | €1,496,819 | €2,000,219 | +€503,400 | +33.6% |
| Fixed assets | 21/28 | €1,485,089 | €1,974,247 | +€489,158 | +32.9% |
| Tangible fixed assets | 22/27 | €1,485,089 | €1,974,247 | +€489,158 | +32.9% |
| Land and buildings | 22 | €1,485,089 | €1,974,247 | +€489,158 | +32.9% |
| Current assets | 29/58 | €11,730 | €25,972 | +€14,242 | +121% |
| Amounts receivable within one year | 40/41 | €0 | - | = | |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €10,249 | €23,998 | +€13,749 | +134% |
| Deferred charges and accrued income | 490/1 | €1,481 | €1,974 | +€493 | +33.3% |
| Total equity and liabilities | 10/49 | €1,496,819 | €2,000,219 | +€503,400 | +33.6% |
| Equity | 10/15 | €778,183 | €706,320 | -€71,863 | -9.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Revaluation surpluses | 12 | €682,000 | €682,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €76,183 | €4,320 | -€71,863 | -94.3% |
| Amounts payable | 17/49 | €718,636 | €1,293,899 | +€575,263 | +80.0% |
| Amounts payable after more than one year | 17 | €573,324 | €1,088,489 | +€515,165 | +89.9% |
| Financial debts | 170/4 | €573,324 | €1,088,489 | +€515,165 | +89.9% |
| Amounts payable within one year | 42/48 | €145,312 | €198,710 | +€53,398 | +36.7% |
| Current portion of amounts payable after more than one year | 42 | €71,668 | €71,668 | = | 0.0% |
| Trade debts | 44 | €28,846 | €7,102 | -€21,743 | -75.4% |
| Suppliers | 440/4 | €28,846 | €7,102 | -€21,743 | -75.4% |
| Taxes, remuneration and social security | 45 | €3,252 | €0 | -€3,252 | -100% |
| Taxes | 450/3 | €3,252 | €0 | -€3,252 | -100% |
| Other amounts payable | 47/48 | €41,546 | €119,940 | +€78,394 | +189% |
| Accrued charges and deferred income | 492/3 | - | €6,700 | +€6,700 | |
| Turnover | 70 | €1,491 | €0 | -€1,491 | -100% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,250 | €53,414 | +€12,164 | +29.5% |
| Other operating charges | 640/8 | €7,161 | €7,510 | +€349 | +4.9% |
| Gross operating margin | 9900 | €96,868 | €25,961 | -€70,908 | -73.2% |
| Operating profit (loss) | 9901 | €48,458 | -€34,964 | -€83,421 | |
| Financial charges | 65/66B | €36,522 | €36,899 | +€377 | +1.0% |
| Recurring financial charges | 65 | €36,522 | €36,899 | +€377 | +1.0% |
| Profit (loss) for the period before taxes | 9903 | €11,936 | -€71,863 | -€83,798 | |
| Income taxes | 67/77 | €3,252 | €0 | -€3,252 | -100% |
| Profit (loss) for the period | 9904 | €8,683 | -€71,863 | -€80,546 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,683 | -€71,863 | -€80,546 |
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 30 October 2026 via checked.be.