KOUTERHOEVE: 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.
KOUTERHOEVE
Largest movements
- Cash -€36,468
down €36,468 (-28.0%), from €130,065 to €93,597
mainly Receivables within one year (-€32,419) and Trade debts (-€8,306)
- Receivables within one year +€32,419
up €32,419 (+58.0%), from €55,935 to €88,354
of which Other amounts receivable: +€32,740
- Deferred charges and accrued income +€8,057
up €8,057 (+98.7%), from €8,161 to €16,218
- Tangible fixed assets -€6,227
down €6,227 (-19.5%), from €32,003 to €25,775
of which Land and buildings: -€5,134
- Trade debts -€8,306
down €8,306 (-28.1%), from €29,516 to €21,210
- Tax, wage and social debts +€4,701
up €4,701 (+15.2%), from €30,935 to €35,637
of which Remuneration and social security: +€3,458
- Staff costs +€18,356
up €18,356 (+9.5%), from €192,429 to €210,785
- Gross operating margin -€5,483
down €5,483 (-2.5%), from €222,405 to €216,922
- Financial income +€3,106
up €3,106 (+62.6%), from €4,965 to €8,071
- Taxes -€2,938
down €2,938 (-52.9%), from €5,557 to €2,618
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.
Cash bridge derived
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 | €286,726 | €284,507 | -€2,219 | -0.8% |
| Fixed assets | 21/28 | €32,553 | €26,325 | -€6,227 | -19.1% |
| Tangible fixed assets | 22/27 | €32,003 | €25,775 | -€6,227 | -19.5% |
| Land and buildings | 22 | €29,506 | €24,372 | -€5,134 | -17.4% |
| Plant, machinery and equipment | 23 | €2,148 | €1,404 | -€745 | -34.7% |
| Furniture and vehicles | 24 | €349 | - | -€349 | |
| Financial fixed assets | 28 | €550 | €550 | = | 0.0% |
| Current assets | 29/58 | €254,173 | €258,182 | +€4,008 | +1.6% |
| Amounts receivable after more than one year | 29 | €48,500 | €48,500 | = | 0.0% |
| Other amounts receivable | 291 | €48,500 | €48,500 | = | 0.0% |
| Stocks and contracts in progress | 3 | €11,512 | €11,512 | = | 0.0% |
| Stocks | 30/36 | €11,512 | €11,512 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €55,935 | €88,354 | +€32,419 | +58.0% |
| Trade receivables | 40 | €3,674 | €3,354 | -€320 | -8.7% |
| Other amounts receivable | 41 | €52,261 | €85,001 | +€32,740 | +62.6% |
| Cash at bank and in hand | 54/58 | €130,065 | €93,597 | -€36,468 | -28.0% |
| Deferred charges and accrued income | 490/1 | €8,161 | €16,218 | +€8,057 | +98.7% |
| Total equity and liabilities | 10/49 | €286,726 | €284,507 | -€2,219 | -0.8% |
| Equity | 10/15 | €225,373 | €227,660 | +€2,287 | +1.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €164,819 | €167,106 | +€2,287 | +1.4% |
| Distributable reserves | 133 | €164,819 | €167,106 | +€2,287 | +1.4% |
| Profit (loss) carried forward | 14 | €54,354 | €54,354 | +€0 | 0.0% |
| Amounts payable | 17/49 | €61,353 | €56,847 | -€4,506 | -7.3% |
| Amounts payable within one year | 42/48 | €61,353 | €56,847 | -€4,506 | -7.3% |
| Trade debts | 44 | €29,516 | €21,210 | -€8,306 | -28.1% |
| Suppliers | 440/4 | €29,516 | €21,210 | -€8,306 | -28.1% |
| Taxes, remuneration and social security | 45 | €30,935 | €35,637 | +€4,701 | +15.2% |
| Taxes | 450/3 | €5,711 | €6,954 | +€1,243 | +21.8% |
| Remuneration and social security | 454/9 | €25,224 | €28,683 | +€3,458 | +13.7% |
| Other amounts payable | 47/48 | €902 | - | -€902 | |
| Remuneration, social security and pensions | 62 | €192,429 | €210,785 | +€18,356 | +9.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,232 | €6,227 | -€5 | -0.1% |
| Other operating charges | 640/8 | €2,487 | €2,671 | +€184 | +7.4% |
| Gross operating margin | 9900 | €222,405 | €216,922 | -€5,483 | -2.5% |
| Operating profit (loss) | 9901 | €21,256 | -€2,763 | -€24,019 | |
| Financial income | 75/76B | €4,965 | €8,071 | +€3,106 | +62.6% |
| Recurring financial income | 75 | €4,965 | €8,071 | +€3,106 | +62.6% |
| Financial charges | 65/66B | €762 | €403 | -€359 | -47.2% |
| Recurring financial charges | 65 | €762 | €403 | -€359 | -47.2% |
| Profit (loss) for the period before taxes | 9903 | €25,459 | €4,905 | -€20,554 | -80.7% |
| Income taxes | 67/77 | €5,557 | €2,618 | -€2,938 | -52.9% |
| Profit (loss) for the period | 9904 | €19,902 | €2,287 | -€17,615 | -88.5% |
| Profit (loss) for the period to be appropriated | 9905 | €19,902 | €2,287 | -€17,615 | -88.5% |
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 9 October 2026 via checked.be.