KOUDEKERKE: 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.
KOUDEKERKE
Largest movements
- Cash -€44,631
down €44,631 (-80.4%), from €55,484 to €10,853
mainly Other debts (-€47,000) and Debts after one year (-€34,534)
- Tangible fixed assets -€34,266
down €34,266 (-5.2%), from €659,617 to €625,351
- Receivables within one year +€10,678
up €10,678 (+138%), from €7,711 to €18,389
- Other debts -€47,000
down €47,000 (-24.6%), from €191,152 to €144,152
- Debts after one year -€34,534
down €34,534 (-7.2%), from €477,348 to €442,814
of which Financial debts: -€34,534
- Reserves +€12,093
new in 2025: €12,093
- Taxes +€4,171
new in 2025: €4,171
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 | €722,812 | €654,593 | -€68,219 | -9.4% |
| Fixed assets | 21/28 | €659,617 | €625,351 | -€34,266 | -5.2% |
| Tangible fixed assets | 22/27 | €659,617 | €625,351 | -€34,266 | -5.2% |
| Land and buildings | 22 | €659,617 | €625,351 | -€34,266 | -5.2% |
| Current assets | 29/58 | €63,195 | €29,242 | -€33,953 | -53.7% |
| Amounts receivable within one year | 40/41 | €7,711 | €18,389 | +€10,678 | +138% |
| Other amounts receivable | 41 | €7,711 | €18,389 | +€10,678 | +138% |
| Cash at bank and in hand | 54/58 | €55,484 | €10,853 | -€44,631 | -80.4% |
| Total equity and liabilities | 10/49 | €722,812 | €654,593 | -€68,219 | -9.4% |
| Equity | 10/15 | €20,207 | €33,093 | +€12,886 | +63.8% |
| Contributions | 10/11 | €21,000 | €21,000 | = | 0.0% |
| Reserves | 13 | - | €12,093 | +€12,093 | |
| Distributable reserves | 133 | - | €12,093 | +€12,093 | |
| Profit (loss) carried forward | 14 | -€793 | €0 | +€793 | |
| Amounts payable | 17/49 | €702,605 | €621,500 | -€81,106 | -11.5% |
| Amounts payable after more than one year | 17 | €477,348 | €442,814 | -€34,534 | -7.2% |
| Financial debts | 170/4 | €464,298 | €429,764 | -€34,534 | -7.4% |
| Other amounts payable | 178/9 | €13,050 | €13,050 | = | 0.0% |
| Amounts payable within one year | 42/48 | €225,257 | €178,686 | -€46,571 | -20.7% |
| Current portion of amounts payable after more than one year | 42 | €34,106 | €34,534 | +€429 | +1.3% |
| Other amounts payable | 47/48 | €191,152 | €144,152 | -€47,000 | -24.6% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,266 | €34,266 | = | 0.0% |
| Other operating charges | 640/8 | €3,732 | €3,836 | +€104 | +2.8% |
| Gross operating margin | 9900 | €61,938 | €61,533 | -€405 | -0.7% |
| Operating profit (loss) | 9901 | €23,940 | €23,431 | -€509 | -2.1% |
| Financial charges | 65/66B | €6,806 | €6,374 | -€432 | -6.4% |
| Recurring financial charges | 65 | €6,806 | €6,374 | -€432 | -6.4% |
| Profit (loss) for the period before taxes | 9903 | €17,134 | €17,057 | -€77 | -0.4% |
| Income taxes | 67/77 | - | €4,171 | +€4,171 | |
| Profit (loss) for the period | 9904 | €17,134 | €12,886 | -€4,248 | -24.8% |
| Profit (loss) for the period to be appropriated | 9905 | €17,134 | €12,886 | -€4,248 | -24.8% |
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 14 October 2026 via checked.be.