KRABBENDIJKE: 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.
What changed
KRABBENDIJKE
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€727,416
2024 · -€952,583+€1.7m
Equity
€901,728
2024 · €174,313+€727,416
Cash
€1.7m
2024 · €207,121+€1.5m
Balance sheet total
€67.8m
2024 · €54.1m+€13.7m
Largest movements
Assets
- Receivables within one year +€9.4m
up €9.4m (+136%), from €6.9m to €16.4m
of which Other amounts receivable: +€9.5m
- Receivables after one year +€2.5m
up €2.5m (+122%), from €2.0m to €4.5m
of which Trade receivables: +€2.5m
- Cash +€1.5m
up €1.5m (+708%), from €207,121 to €1.7m
mainly Short-term financial debts (+€7.4m) and Debts after one year (+€5.6m)
- Stocks and contracts +€824,031
up €824,031 (+19.9%), from €4.1m to €5.0m
Equity and liabilities
- Short-term financial debts +€7.4m
up €7.4m (+25.9%), from €28.7m to €36.2m
- Debts after one year +€5.6m
up €5.6m (+22.5%), from €24.7m to €30.3m
of which Financial debts: +€5.6m
Income statement
- Gross operating margin +€1.4m
up €1.4m (+86.2%), from €1.7m to €3.1m
- Financial income +€489,430
up €489,430 (+126%), from €388,982 to €878,413
- Financial charges +€263,458
up €263,458 (+16.0%), from €1.6m to €1.9m
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.
Result 2024
-€952,583
Gross operating margin
+€1.4m
Staff costs
-€985
Depreciation
+€8,744
Other operating charges
+€3,850
Financial income
+€489,430
Financial charges
-€263,458
Taxes
-€5,664
Result 2025
€727,416
raises the resultlowers the result
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.
From operations
-€10.8m
Investment
-€742,821
Financing
+€13.0m
Cash 2024
€207,121
From operations (derived)
-€10.8m
Net result for the year
+€727,416
Depreciation
+€1.2m
Receivables after one year
-€2.5m
Stocks and contracts
-€824,031
Receivables within one year
-€9.4m
Smaller working-capital items
-€32,165
Trade debts
+€31,316
Other debts
-€137,581
Accrued charges and deferred income
+€65,313
Investment (derived)
-€742,821
Investment in fixed assets (net)
-€684,790
Current investments
-€58,031
Financing
+€13.0m
Debts after one year
+€5.6m
Short-term financial debts
+€7.4m
Cash 2025
€1.7m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €54,139,688 | €67,807,819 | +€13.7m | +25.2% |
| Fixed assets | 21/28 | €39,851,663 | €39,289,945 | -€561,718 | -1.4% |
| Tangible fixed assets | 22/27 | €37,156,600 | €36,594,882 | -€561,718 | -1.5% |
| Land and buildings | 22 | €37,151,877 | €36,590,928 | -€560,949 | -1.5% |
| Furniture and vehicles | 24 | €4,723 | €3,954 | -€769 | -16.3% |
| Financial fixed assets | 28 | €2,695,063 | €2,695,063 | = | 0.0% |
| Current assets | 29/58 | €14,288,025 | €28,517,874 | +€14.2m | +99.6% |
| Amounts receivable after more than one year | 29 | €2,009,310 | €4,460,298 | +€2.5m | +122% |
| Trade receivables | 290 | €1,850,000 | €4,388,890 | +€2.5m | +137% |
| Other amounts receivable | 291 | €159,310 | €71,408 | -€87,902 | -55.2% |
| Stocks and contracts in progress | 3 | €4,134,125 | €4,958,156 | +€824,031 | +19.9% |
| Stocks | 30/36 | €4,134,125 | €4,958,156 | +€824,031 | +19.9% |
| Amounts receivable within one year | 40/41 | €6,946,489 | €16,365,130 | +€9.4m | +136% |
| Trade receivables | 40 | €38,618 | €764 | -€37,855 | -98.0% |
| Other amounts receivable | 41 | €6,907,870 | €16,364,366 | +€9.5m | +137% |
| Current investments | 50/53 | €989,470 | €1,047,501 | +€58,031 | +5.9% |
| Cash at bank and in hand | 54/58 | €207,121 | €1,673,796 | +€1.5m | +708% |
| Deferred charges and accrued income | 490/1 | €1,510 | €12,993 | +€11,483 | +760% |
| Total equity and liabilities | 10/49 | €54,139,688 | €67,807,819 | +€13.7m | +25.2% |
| Equity | 10/15 | €174,313 | €901,728 | +€727,416 | +417% |
| Contributions | 10/11 | €446,208 | €446,208 | = | 0.0% |
| Capital | 10 | €446,208 | €446,208 | = | 0.0% |
| Issued capital | 100 | €446,208 | €446,208 | = | 0.0% |
| Reserves | 13 | €392,128 | €455,520 | +€63,391 | +16.2% |
| Non-distributable reserves | 130/1 | €44,621 | €44,621 | = | 0.0% |
| Legal reserve | 130 | €44,621 | €44,621 | = | 0.0% |
| Tax-exempt reserves | 132 | €347,508 | €326,847 | -€20,661 | -5.9% |
| Distributable reserves | 133 | €0 | €84,052 | +€84,052 | |
| Profit (loss) carried forward | 14 | -€664,024 | €0 | +€664,024 | |
| Provisions and deferred taxes | 16 | €115,836 | €108,949 | -€6,887 | -5.9% |
| Deferred taxes | 168 | €115,836 | €108,949 | -€6,887 | -5.9% |
| Amounts payable | 17/49 | €53,849,539 | €66,797,141 | +€12.9m | +24.0% |
| Amounts payable after more than one year | 17 | €24,713,720 | €30,284,500 | +€5.6m | +22.5% |
| Financial debts | 170/4 | €24,710,734 | €30,282,764 | +€5.6m | +22.5% |
| Other amounts payable | 178/9 | €2,985 | €1,735 | -€1,250 | -41.9% |
| Amounts payable within one year | 42/48 | €28,959,050 | €36,270,559 | +€7.3m | +25.2% |
| Financial debts | 43 | €28,734,382 | €36,165,952 | +€7.4m | +25.9% |
| Credit institutions | 430/8 | €28,734,382 | €36,165,952 | +€7.4m | +25.9% |
| Trade debts | 44 | €36,571 | €67,887 | +€31,316 | +85.6% |
| Suppliers | 440/4 | €36,571 | €67,887 | +€31,316 | +85.6% |
| Taxes, remuneration and social security | 45 | €33,499 | €19,704 | -€13,795 | -41.2% |
| Taxes | 450/3 | €31,819 | €17,962 | -€13,857 | -43.5% |
| Remuneration and social security | 454/9 | €1,679 | €1,741 | +€62 | +3.7% |
| Other amounts payable | 47/48 | €154,598 | €17,017 | -€137,581 | -89.0% |
| Accrued charges and deferred income | 492/3 | €176,770 | €242,083 | +€65,313 | +36.9% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €27,004 | €27,989 | +€985 | +3.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,255,252 | €1,246,508 | -€8,744 | -0.7% |
| Other operating charges | 640/8 | €107,000 | €103,150 | -€3,850 | -3.6% |
| Gross operating margin | 9900 | €1,680,575 | €3,128,657 | +€1.4m | +86.2% |
| Operating profit (loss) | 9901 | €291,319 | €1,751,010 | +€1.5m | +501% |
| Financial income | 75/76B | €388,982 | €878,413 | +€489,430 | +126% |
| Recurring financial income | 75 | €388,982 | €878,413 | +€489,430 | +126% |
| Financial charges | 65/66B | €1,646,012 | €1,909,471 | +€263,458 | +16.0% |
| Recurring financial charges | 65 | €1,646,012 | €1,909,471 | +€263,458 | +16.0% |
| Profit (loss) for the period before taxes | 9903 | -€965,711 | €719,952 | +€1.7m | |
| Transfer from deferred taxes | 780 | €6,887 | €6,887 | = | 0.0% |
| Income taxes | 67/77 | -€6,241 | -€577 | +€5,664 | +90.8% |
| Profit (loss) for the period | 9904 | -€952,583 | €727,416 | +€1.7m | |
| Transfer from tax-exempt reserves | 789 | €20,661 | €20,661 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€931,922 | €748,077 | +€1.7m |
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 19 October 2026 via checked.be.