KRIS BOUCKAERT: 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.
KRIS BOUCKAERT
Largest movements
- Cash +€53,167
up €53,167 (+116%), from €45,931 to €99,098
mainly Net result for the year (+€35,271) and Current investments (+€26,609)
- Current investments -€26,609
down €26,609 (-72.0%), from €36,936 to €10,327
- Receivables within one year -€14,806
down €14,806 (-42.0%), from €35,260 to €20,454
of which Other amounts receivable: -€11,072
- Tangible fixed assets -€7,122
down €7,122 (-57.5%), from €12,381 to €5,259
of which Furniture and vehicles: -€5,092
- Tax, wage and social debts +€4,265
up €4,265 (+31.3%), from €13,646 to €17,911
- Reserves -€3,351
down €3,351 (-3.0%), from €109,930 to €106,578
- Trade debts +€2,543
up €2,543 (+86.1%), from €2,955 to €5,497
- Financial income +€4,152
up €4,152 (+121%), from €3,426 to €7,577
- Gross operating margin -€2,421
down €2,421 (-4.5%), from €53,707 to €51,286
- Depreciation -€1,801
down €1,801 (-20.2%), from €8,923 to €7,122
- Taxes +€822
up €822 (+5.7%), from €14,317 to €15,139
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 | €133,351 | €137,047 | +€3,696 | +2.8% |
| Fixed assets | 21/28 | €12,596 | €5,474 | -€7,122 | -56.5% |
| Tangible fixed assets | 22/27 | €12,381 | €5,259 | -€7,122 | -57.5% |
| Plant, machinery and equipment | 23 | €5,289 | €3,259 | -€2,030 | -38.4% |
| Furniture and vehicles | 24 | €7,092 | €1,999 | -€5,092 | -71.8% |
| Financial fixed assets | 28 | €215 | €215 | = | 0.0% |
| Current assets | 29/58 | €120,755 | €131,574 | +€10,819 | +9.0% |
| Amounts receivable within one year | 40/41 | €35,260 | €20,454 | -€14,806 | -42.0% |
| Trade receivables | 40 | €22,281 | €18,547 | -€3,733 | -16.8% |
| Other amounts receivable | 41 | €12,979 | €1,907 | -€11,072 | -85.3% |
| Current investments | 50/53 | €36,936 | €10,327 | -€26,609 | -72.0% |
| Cash at bank and in hand | 54/58 | €45,931 | €99,098 | +€53,167 | +116% |
| Deferred charges and accrued income | 490/1 | €2,629 | €1,695 | -€934 | -35.5% |
| Total equity and liabilities | 10/49 | €133,351 | €137,047 | +€3,696 | +2.8% |
| Equity | 10/15 | €116,430 | €113,078 | -€3,351 | -2.9% |
| Contributions | 10/11 | €6,500 | €6,500 | = | 0.0% |
| Reserves | 13 | €109,930 | €106,578 | -€3,351 | -3.0% |
| Distributable reserves | 133 | €109,930 | €106,578 | -€3,351 | -3.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €16,921 | €23,969 | +€7,048 | +41.7% |
| Amounts payable within one year | 42/48 | €16,921 | €23,969 | +€7,048 | +41.7% |
| Financial debts | 43 | €321 | €561 | +€240 | +74.9% |
| Credit institutions | 430/8 | €321 | €561 | +€240 | +74.9% |
| Trade debts | 44 | €2,955 | €5,497 | +€2,543 | +86.1% |
| Suppliers | 440/4 | €2,955 | €5,497 | +€2,543 | +86.1% |
| Taxes, remuneration and social security | 45 | €13,646 | €17,911 | +€4,265 | +31.3% |
| Taxes | 450/3 | €13,646 | €17,911 | +€4,265 | +31.3% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,923 | €7,122 | -€1,801 | -20.2% |
| Other operating charges | 640/8 | €1,020 | €1,126 | +€105 | +10.3% |
| Gross operating margin | 9900 | €53,707 | €51,286 | -€2,421 | -4.5% |
| Operating profit (loss) | 9901 | €43,764 | €43,038 | -€726 | -1.7% |
| Financial income | 75/76B | €3,426 | €7,577 | +€4,152 | +121% |
| Recurring financial income | 75 | €3,426 | €7,577 | +€4,152 | +121% |
| Financial charges | 65/66B | €212 | €205 | -€7 | -3.2% |
| Recurring financial charges | 65 | €212 | €205 | -€7 | -3.2% |
| Profit (loss) for the period before taxes | 9903 | €46,978 | €50,410 | +€3,433 | +7.3% |
| Income taxes | 67/77 | €14,317 | €15,139 | +€822 | +5.7% |
| Profit (loss) for the period | 9904 | €32,660 | €35,271 | +€2,611 | +8.0% |
| Profit (loss) for the period to be appropriated | 9905 | €32,660 | €35,271 | +€2,611 | +8.0% |
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 18 October 2026 via checked.be.