KOUTERDIJK: 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.
KOUTERDIJK
Largest movements
- Cash +€605,737
up €605,737 (+382%), from €158,732 to €764,469
mainly Net result for the year (+€1.1m) and Depreciation (+€200,030)
- Receivables within one year +€416,667
up €416,667 (+388%), from €107,358 to €524,026
of which Other amounts receivable: +€211,156
- Intangible fixed assets +€74,169
up €74,169 (+27.1%), from €273,760 to €347,929
- Stocks and contracts +€60,049
up €60,049 (+33.1%), from €181,245 to €241,294
- Tangible fixed assets -€54,259
down €54,259 (-4.8%), from €1.1m to €1.1m
of which Land and buildings: -€153,935
- Reserves +€1.1m
new in 2025: €1.1m
- Trade debts -€94,193
down €94,193 (-28.0%), from €336,219 to €242,025
- Debts after one year -€89,046
down €89,046 (-7.4%), from €1.2m to €1.1m
- Other debts +€77,339
up €77,339 (+26.6%), from €291,157 to €368,496
- Profit (loss) carried forward +€76,354
up €76,354, from -€76,354 to €0
- Gross operating margin +€2.0m
up €2.0m, from -€57,288 to €2.0m
- Taxes +€349,678
new in 2025: €349,678
- Staff costs +€219,082
up €219,082 (+1,841%), from €11,901 to €230,982
- Depreciation +€198,111
up €198,111 (+10,324%), from €1,919 to €200,030
- Financial charges +€54,424
up €54,424 (+1,553%), from €3,503 to €57,927
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 | €1,843,624 | €2,949,964 | +€1.1m | +60.0% |
| Fixed assets | 21/28 | €1,396,030 | €1,415,939 | +€19,909 | +1.4% |
| Intangible fixed assets | 21 | €273,760 | €347,929 | +€74,169 | +27.1% |
| Tangible fixed assets | 22/27 | €1,122,270 | €1,068,010 | -€54,259 | -4.8% |
| Land and buildings | 22 | €1,122,270 | €968,335 | -€153,935 | -13.7% |
| Plant, machinery and equipment | 23 | - | €99,675 | +€99,675 | |
| Current assets | 29/58 | €447,594 | €1,534,025 | +€1.1m | +243% |
| Stocks and contracts in progress | 3 | €181,245 | €241,294 | +€60,049 | +33.1% |
| Stocks | 30/36 | €181,245 | €241,294 | +€60,049 | +33.1% |
| Amounts receivable within one year | 40/41 | €107,358 | €524,026 | +€416,667 | +388% |
| Trade receivables | 40 | €88,677 | €294,188 | +€205,511 | +232% |
| Other amounts receivable | 41 | €18,682 | €229,837 | +€211,156 | +1,130% |
| Cash at bank and in hand | 54/58 | €158,732 | €764,469 | +€605,737 | +382% |
| Deferred charges and accrued income | 490/1 | €258 | €4,236 | +€3,978 | +1,540% |
| Total equity and liabilities | 10/49 | €1,843,624 | €2,949,964 | +€1.1m | +60.0% |
| Equity | 10/15 | -€74,354 | €1,057,572 | +€1.1m | |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | - | €1,055,572 | +€1.1m | |
| Distributable reserves | 133 | - | €1,055,572 | +€1.1m | |
| Profit (loss) carried forward | 14 | -€76,354 | €0 | +€76,354 | |
| Amounts payable | 17/49 | €1,917,978 | €1,892,393 | -€25,585 | -1.3% |
| Amounts payable after more than one year | 17 | €1,206,478 | €1,117,432 | -€89,046 | -7.4% |
| Financial debts | 170/4 | €1,206,478 | €1,117,432 | -€89,046 | -7.4% |
| Amounts payable within one year | 42/48 | €679,018 | €774,961 | +€95,942 | +14.1% |
| Current portion of amounts payable after more than one year | 42 | €43,522 | €89,046 | +€45,524 | +105% |
| Trade debts | 44 | €336,219 | €242,025 | -€94,193 | -28.0% |
| Suppliers | 440/4 | €336,219 | €242,025 | -€94,193 | -28.0% |
| Taxes, remuneration and social security | 45 | €8,120 | €75,393 | +€67,272 | +828% |
| Taxes | 450/3 | €1,127 | €30,137 | +€29,010 | +2,574% |
| Remuneration and social security | 454/9 | €6,994 | €45,256 | +€38,263 | +547% |
| Other amounts payable | 47/48 | €291,157 | €368,496 | +€77,339 | +26.6% |
| Accrued charges and deferred income | 492/3 | €32,482 | €0 | -€32,482 | -100% |
| Remuneration, social security and pensions | 62 | €11,901 | €230,982 | +€219,082 | +1,841% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,919 | €200,030 | +€198,111 | +10,324% |
| Other operating charges | 640/8 | €1,745 | €10,432 | +€8,687 | +498% |
| Gross operating margin | 9900 | -€57,288 | €1,978,620 | +€2.0m | |
| Operating profit (loss) | 9901 | -€72,852 | €1,537,177 | +€1.6m | |
| Financial income | 75/76B | €1 | €2,355 | +€2,353 | +157,921% |
| Recurring financial income | 75 | €1 | €2,355 | +€2,353 | +157,921% |
| Financial charges | 65/66B | €3,503 | €57,927 | +€54,424 | +1,553% |
| Recurring financial charges | 65 | €3,503 | €57,927 | +€54,424 | +1,553% |
| Profit (loss) for the period before taxes | 9903 | -€76,354 | €1,481,604 | +€1.6m | |
| Income taxes | 67/77 | - | €349,678 | +€349,678 | |
| Profit (loss) for the period | 9904 | -€76,354 | €1,131,926 | +€1.2m | |
| Profit (loss) for the period to be appropriated | 9905 | -€76,354 | €1,131,926 | +€1.2m |
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 13 October 2026 via checked.be.