Kraakbeeld: 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.
Kraakbeeld
Largest movements
- Cash +€21,715
up €21,715 (+121%), from €17,972 to €39,687
mainly Trade debts (+€23,971) and Depreciation (+€16,467)
- Intangible fixed assets +€20,375
new in 2025: €20,375
- Current investments -€9,991
down €9,991 (-19.5%), from €51,295 to €41,304
- Tangible fixed assets -€6,487
down €6,487 (-12.9%), from €50,290 to €43,803
of which Furniture and vehicles: -€7,590
- Receivables after one year -€5,000
down €5,000 (-13.7%), from €36,500 to €31,500
- Trade debts +€23,971
up €23,971 (+33,522%), from €72 to €24,043
- Debts after one year -€8,825
down €8,825 (-33.9%), from €26,055 to €17,229
- Reserves -€7,935
down €7,935 (-6.4%), from €123,667 to €115,732
of which Distributable reserves: -€7,335
- Other debts +€5,386
up €5,386 (+567%), from €950 to €6,335
- Tax, wage and social debts +€2,268
up €2,268 (+102%), from €2,232 to €4,499
- Taxes +€3,030
up €3,030 (+44.0%), from €6,881 to €9,911
- Gross operating margin +€1,209
up €1,209 (+3.1%), from €39,398 to €40,608
- Depreciation +€634
up €634 (+4.0%), from €15,833 to €16,467
- Other operating charges +€486
up €486 (+38.1%), from €1,274 to €1,760
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 | €167,768 | €183,028 | +€15,260 | +9.1% |
| Fixed assets | 21/28 | €50,290 | €64,178 | +€13,888 | +27.6% |
| Intangible fixed assets | 21 | - | €20,375 | +€20,375 | |
| Tangible fixed assets | 22/27 | €50,290 | €43,803 | -€6,487 | -12.9% |
| Plant, machinery and equipment | 23 | - | €8,186 | +€8,186 | |
| Furniture and vehicles | 24 | €39,826 | €32,236 | -€7,590 | -19.1% |
| Other tangible fixed assets | 26 | €10,464 | €3,381 | -€7,083 | -67.7% |
| Current assets | 29/58 | €117,478 | €118,851 | +€1,373 | +1.2% |
| Amounts receivable after more than one year | 29 | €36,500 | €31,500 | -€5,000 | -13.7% |
| Other amounts receivable | 291 | €36,500 | €31,500 | -€5,000 | -13.7% |
| Amounts receivable within one year | 40/41 | €4,461 | €0 | -€4,461 | -100% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €4,461 | €0 | -€4,461 | -100% |
| Current investments | 50/53 | €51,295 | €41,304 | -€9,991 | -19.5% |
| Cash at bank and in hand | 54/58 | €17,972 | €39,687 | +€21,715 | +121% |
| Deferred charges and accrued income | 490/1 | €7,250 | €6,359 | -€890 | -12.3% |
| Total equity and liabilities | 10/49 | €167,768 | €183,028 | +€15,260 | +9.1% |
| Equity | 10/15 | €129,867 | €121,932 | -€7,935 | -6.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €123,667 | €115,732 | -€7,935 | -6.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €600 | €0 | -€600 | -100% |
| Distributable reserves | 133 | €121,207 | €113,872 | -€7,335 | -6.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €150 | €0 | -€150 | -100% |
| Deferred taxes | 168 | €150 | €0 | -€150 | -100% |
| Amounts payable | 17/49 | €37,751 | €61,096 | +€23,345 | +61.8% |
| Amounts payable after more than one year | 17 | €26,055 | €17,229 | -€8,825 | -33.9% |
| Financial debts | 170/4 | €26,055 | €17,229 | -€8,825 | -33.9% |
| Amounts payable within one year | 42/48 | €11,696 | €43,703 | +€32,007 | +274% |
| Current portion of amounts payable after more than one year | 42 | €8,444 | €8,825 | +€382 | +4.5% |
| Trade debts | 44 | €72 | €24,043 | +€23,971 | +33,522% |
| Suppliers | 440/4 | €72 | €24,043 | +€23,971 | +33,522% |
| Taxes, remuneration and social security | 45 | €2,232 | €4,499 | +€2,268 | +102% |
| Taxes | 450/3 | €2,232 | €4,499 | +€2,268 | +102% |
| Other amounts payable | 47/48 | €950 | €6,335 | +€5,386 | +567% |
| Accrued charges and deferred income | 492/3 | - | €164 | +€164 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,833 | €16,467 | +€634 | +4.0% |
| Other operating charges | 640/8 | €1,274 | €1,760 | +€486 | +38.1% |
| Gross operating margin | 9900 | €39,398 | €40,608 | +€1,209 | +3.1% |
| Operating profit (loss) | 9901 | €22,291 | €22,381 | +€89 | +0.4% |
| Financial income | 75/76B | €1,239 | €1,486 | +€248 | +20.0% |
| Recurring financial income | 75 | €1,239 | €1,486 | +€248 | +20.0% |
| Financial charges | 65/66B | €2,081 | €1,711 | -€370 | -17.8% |
| Recurring financial charges | 65 | €2,081 | €1,711 | -€370 | -17.8% |
| Profit (loss) for the period before taxes | 9903 | €21,448 | €22,156 | +€707 | +3.3% |
| Transfer from deferred taxes | 780 | €150 | €150 | = | 0.0% |
| Income taxes | 67/77 | €6,881 | €9,911 | +€3,030 | +44.0% |
| Profit (loss) for the period | 9904 | €14,717 | €12,394 | -€2,323 | -15.8% |
| Transfer from tax-exempt reserves | 789 | €600 | €600 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €15,317 | €12,994 | -€2,323 | -15.2% |
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 24 October 2026 via checked.be.