Kreekepolder: 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.
Kreekepolder
Largest movements
- Tangible fixed assets +€1.3m
up €1.3m (+17.6%), from €7.3m to €8.6m
of which Land and buildings: +€1.3m
- Receivables within one year +€661,386
up €661,386 (+530%), from €124,716 to €786,102
of which Trade receivables: +€525,395
- Stocks and contracts +€152,344
new in 2025: €152,344
- Receivables after one year -€112,507
no longer reported in 2025 (was €112,507)
- Debts after one year +€1.8m
up €1.8m (+39.6%), from €4.7m to €6.5m
of which Financial debts: +€1.1m
- Reserves +€683,731
up €683,731 (+58.2%), from €1.2m to €1.9m
- Other debts -€490,402
down €490,402 (-52.1%), from €941,419 to €451,017
- Gross operating margin +€277,586
up €277,586 (+26.6%), from €1.0m to €1.3m
- Depreciation +€77,988
up €77,988 (+233%), from €33,516 to €111,503
- Taxes +€56,199
up €56,199 (+32.3%), from €174,185 to €230,384
- Financial charges -€18,849
down €18,849 (-7.5%), from €249,991 to €231,142
- Other operating charges -€14,446
down €14,446 (-43.1%), from €33,539 to €19,093
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 | €7,548,121 | €9,566,628 | +€2.0m | +26.7% |
| Fixed assets | 21/28 | €7,298,255 | €8,581,744 | +€1.3m | +17.6% |
| Tangible fixed assets | 22/27 | €7,298,255 | €8,581,744 | +€1.3m | +17.6% |
| Land and buildings | 22 | €7,243,556 | €8,541,405 | +€1.3m | +17.9% |
| Plant, machinery and equipment | 23 | €863 | €7,719 | +€6,856 | +794% |
| Furniture and vehicles | 24 | €53,835 | €32,619 | -€21,216 | -39.4% |
| Current assets | 29/58 | €249,866 | €984,884 | +€735,018 | +294% |
| Amounts receivable after more than one year | 29 | €112,507 | - | -€112,507 | |
| Other amounts receivable | 291 | €112,507 | - | -€112,507 | |
| Stocks and contracts in progress | 3 | - | €152,344 | +€152,344 | |
| Stocks | 30/36 | - | €152,344 | +€152,344 | |
| Amounts receivable within one year | 40/41 | €124,716 | €786,102 | +€661,386 | +530% |
| Trade receivables | 40 | €90,124 | €615,518 | +€525,395 | +583% |
| Other amounts receivable | 41 | €34,593 | €170,584 | +€135,991 | +393% |
| Cash at bank and in hand | 54/58 | €8,860 | €7,954 | -€907 | -10.2% |
| Deferred charges and accrued income | 490/1 | €3,782 | €38,484 | +€34,702 | +918% |
| Total equity and liabilities | 10/49 | €7,548,121 | €9,566,628 | +€2.0m | +26.7% |
| Equity | 10/15 | €1,194,052 | €1,877,783 | +€683,731 | +57.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,175,452 | €1,859,183 | +€683,731 | +58.2% |
| Distributable reserves | 133 | €1,175,452 | €1,859,183 | +€683,731 | +58.2% |
| Amounts payable | 17/49 | €6,354,068 | €7,688,845 | +€1.3m | +21.0% |
| Amounts payable after more than one year | 17 | €4,660,802 | €6,506,923 | +€1.8m | +39.6% |
| Financial debts | 170/4 | €4,660,802 | €5,805,923 | +€1.1m | +24.6% |
| Other amounts payable | 178/9 | - | €701,000 | +€701,000 | |
| Amounts payable within one year | 42/48 | €1,660,785 | €1,150,513 | -€510,272 | -30.7% |
| Current portion of amounts payable after more than one year | 42 | €102,041 | €98,769 | -€3,273 | -3.2% |
| Financial debts | 43 | €580,667 | €487,299 | -€93,368 | -16.1% |
| Credit institutions | 430/8 | €580,667 | €487,299 | -€93,368 | -16.1% |
| Trade debts | 44 | €23,239 | €83,700 | +€60,461 | +260% |
| Suppliers | 440/4 | €23,239 | €83,700 | +€60,461 | +260% |
| Taxes, remuneration and social security | 45 | €13,420 | €29,729 | +€16,309 | +122% |
| Taxes | 450/3 | - | €23,361 | +€23,361 | |
| Remuneration and social security | 454/9 | €13,420 | €6,369 | -€7,052 | -52.5% |
| Other amounts payable | 47/48 | €941,419 | €451,017 | -€490,402 | -52.1% |
| Accrued charges and deferred income | 492/3 | €32,481 | €31,409 | -€1,072 | -3.3% |
| Remuneration, social security and pensions | 62 | €48,635 | €45,257 | -€3,378 | -6.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,516 | €111,503 | +€77,988 | +233% |
| Other operating charges | 640/8 | €33,539 | €19,093 | -€14,446 | -43.1% |
| Gross operating margin | 9900 | €1,042,113 | €1,319,699 | +€277,586 | +26.6% |
| Operating profit (loss) | 9901 | €926,423 | €1,143,845 | +€217,422 | +23.5% |
| Financial income | 75/76B | €2,655 | €1,412 | -€1,243 | -46.8% |
| Recurring financial income | 75 | €2,655 | €1,412 | -€1,243 | -46.8% |
| Financial charges | 65/66B | €249,991 | €231,142 | -€18,849 | -7.5% |
| Recurring financial charges | 65 | €249,991 | €231,142 | -€18,849 | -7.5% |
| Profit (loss) for the period before taxes | 9903 | €679,087 | €914,115 | +€235,028 | +34.6% |
| Income taxes | 67/77 | €174,185 | €230,384 | +€56,199 | +32.3% |
| Profit (loss) for the period | 9904 | €504,902 | €683,731 | +€178,829 | +35.4% |
| Profit (loss) for the period to be appropriated | 9905 | €504,902 | €683,731 | +€178,829 | +35.4% |
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 23 October 2026 via checked.be.