KORTEKAAS DESIGNERS: 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.
KORTEKAAS DESIGNERS
Largest movements
- Cash -€10,119
no longer reported in 2025 (was €10,119)
mainly Net result for the year (-€20,666) and Tax, wage and social debts (-€720)
- Receivables within one year -€3,468
down €3,468 (-46.8%), from €7,404 to €3,936
of which Trade receivables: -€3,917
- Tangible fixed assets -€1,681
down €1,681 (-27.7%), from €6,059 to €4,378
of which Furniture and vehicles: -€1,134
- Profit (loss) carried forward -€20,666
new in 2025: -€20,666
- Debts after one year +€6,391
new in 2025: €6,391
- Tax, wage and social debts -€720
down €720 (-96.7%), from €744 to €24
- Other debts -€340
no longer reported in 2025 (was €340)
- Gross operating margin -€22,709
down €22,709, from €9,471 to -€13,238
- Other operating charges -€1,459
down €1,459 (-69.4%), from €2,102 to €643
- Taxes +€1,187
up €1,187 (+46.3%), from €2,564 to €3,751
- Depreciation +€290
up €290 (+20.8%), from €1,392 to €1,681
- Financial charges -€153
down €153 (-10.2%), from €1,506 to €1,353
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 | €24,258 | €9,155 | -€15,103 | -62.3% |
| Fixed assets | 21/28 | €6,612 | €4,931 | -€1,681 | -25.4% |
| Tangible fixed assets | 22/27 | €6,059 | €4,378 | -€1,681 | -27.7% |
| Land and buildings | 22 | €749 | €562 | -€187 | -25.0% |
| Furniture and vehicles | 24 | €2,175 | €1,042 | -€1,134 | -52.1% |
| Other tangible fixed assets | 26 | €3,135 | €2,774 | -€360 | -11.5% |
| Financial fixed assets | 28 | €553 | €553 | = | 0.0% |
| Current assets | 29/58 | €17,646 | €4,224 | -€13,422 | -76.1% |
| Amounts receivable within one year | 40/41 | €7,404 | €3,936 | -€3,468 | -46.8% |
| Trade receivables | 40 | €7,329 | €3,412 | -€3,917 | -53.4% |
| Other amounts receivable | 41 | €75 | €523 | +€449 | +599% |
| Cash at bank and in hand | 54/58 | €10,119 | - | -€10,119 | |
| Deferred charges and accrued income | 490/1 | €123 | €288 | +€165 | +134% |
| Total equity and liabilities | 10/49 | €24,258 | €9,155 | -€15,103 | -62.3% |
| Equity | 10/15 | €21,666 | €1,000 | -€20,666 | -95.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €3,066 | €3,066 | = | 0.0% |
| Distributable reserves | 133 | €3,066 | €3,066 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€20,666 | -€20,666 | |
| Amounts payable | 17/49 | €2,592 | €8,155 | +€5,563 | +215% |
| Amounts payable after more than one year | 17 | - | €6,391 | +€6,391 | |
| Financial debts | 170/4 | - | €6,391 | +€6,391 | |
| Amounts payable within one year | 42/48 | €2,592 | €1,764 | -€828 | -32.0% |
| Trade debts | 44 | €1,507 | €1,739 | +€232 | +15.4% |
| Suppliers | 440/4 | €1,507 | €1,739 | +€232 | +15.4% |
| Taxes, remuneration and social security | 45 | €744 | €24 | -€720 | -96.7% |
| Taxes | 450/3 | €744 | €24 | -€720 | -96.7% |
| Other amounts payable | 47/48 | €340 | - | -€340 | |
| Non-recurring operating income | 76A | €1,404 | - | -€1,404 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,392 | €1,681 | +€290 | +20.8% |
| Other operating charges | 640/8 | €2,102 | €643 | -€1,459 | -69.4% |
| Gross operating margin | 9900 | €9,471 | -€13,238 | -€22,709 | |
| Operating profit (loss) | 9901 | €5,978 | -€15,562 | -€21,540 | |
| Financial income | 75/76B | €18 | - | -€18 | |
| Recurring financial income | 75 | €18 | - | -€18 | |
| Financial charges | 65/66B | €1,506 | €1,353 | -€153 | -10.2% |
| Recurring financial charges | 65 | €1,506 | €1,353 | -€153 | -10.2% |
| Profit (loss) for the period before taxes | 9903 | €4,490 | -€16,915 | -€21,404 | |
| Income taxes | 67/77 | €2,564 | €3,751 | +€1,187 | +46.3% |
| Profit (loss) for the period | 9904 | €1,925 | -€20,666 | -€22,591 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,925 | -€20,666 | -€22,591 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.