KRIS VAN DER BORGHT: 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 VAN DER BORGHT
Largest movements
- Cash +€365,494
up €365,494 (+5,019%), from €7,283 to €372,777
mainly Net result for the year (+€253,079) and Current investments (+€250,000)
- Current investments -€250,000
down €250,000 (-71.4%), from €350,000 to €100,000
- Intangible fixed assets +€164,388
up €164,388 (+97.3%), from €169,031 to €333,419
- Reserves +€285,137
up €285,137 (+44.5%), from €640,496 to €925,633
of which Tax-exempt reserves: +€285,000
- Other debts -€102,190
down €102,190 (-100%), from €102,190 to €0
- Provisions +€95,000
new in 2025: €95,000
- Tax, wage and social debts -€19,114
down €19,114 (-29.5%), from €64,836 to €45,722
of which Remuneration and social security: -€23,351
- Gross operating margin +€190,173
up €190,173 (+23.4%), from €811,413 to €1.0m
- Staff costs -€73,031
down €73,031 (-20.8%), from €350,602 to €277,572
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 | €837,961 | €1,102,175 | +€264,214 | +31.5% |
| Fixed assets | 21/28 | €395,894 | €551,439 | +€155,545 | +39.3% |
| Intangible fixed assets | 21 | €169,031 | €333,419 | +€164,388 | +97.3% |
| Tangible fixed assets | 22/27 | €221,238 | €212,395 | -€8,842 | -4.0% |
| Land and buildings | 22 | €197,066 | €162,074 | -€34,992 | -17.8% |
| Furniture and vehicles | 24 | €24,172 | €50,321 | +€26,150 | +108% |
| Financial fixed assets | 28 | €5,625 | €5,625 | = | 0.0% |
| Current assets | 29/58 | €442,067 | €550,735 | +€108,669 | +24.6% |
| Amounts receivable within one year | 40/41 | €82,445 | €76,304 | -€6,141 | -7.4% |
| Trade receivables | 40 | €71,914 | €62,581 | -€9,333 | -13.0% |
| Other amounts receivable | 41 | €10,531 | €13,723 | +€3,192 | +30.3% |
| Current investments | 50/53 | €350,000 | €100,000 | -€250,000 | -71.4% |
| Cash at bank and in hand | 54/58 | €7,283 | €372,777 | +€365,494 | +5,019% |
| Deferred charges and accrued income | 490/1 | €2,338 | €1,654 | -€684 | -29.3% |
| Total equity and liabilities | 10/49 | €837,961 | €1,102,175 | +€264,214 | +31.5% |
| Equity | 10/15 | €670,496 | €955,633 | +€285,137 | +42.5% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €640,496 | €925,633 | +€285,137 | +44.5% |
| Non-distributable reserves | 130/1 | €3,000 | €3,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,000 | - | -€3,000 | |
| Other | 1319 | - | €3,000 | +€3,000 | |
| Tax-exempt reserves | 132 | - | €285,000 | +€285,000 | |
| Distributable reserves | 133 | €637,496 | €637,633 | +€137 | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | - | €95,000 | +€95,000 | |
| Deferred taxes | 168 | - | €95,000 | +€95,000 | |
| Amounts payable | 17/49 | €167,465 | €51,541 | -€115,923 | -69.2% |
| Amounts payable within one year | 42/48 | €167,465 | €51,541 | -€115,923 | -69.2% |
| Trade debts | 44 | €439 | €5,820 | +€5,381 | +1,225% |
| Suppliers | 440/4 | €439 | €5,820 | +€5,381 | +1,225% |
| Taxes, remuneration and social security | 45 | €64,836 | €45,722 | -€19,114 | -29.5% |
| Taxes | 450/3 | - | €4,237 | +€4,237 | |
| Remuneration and social security | 454/9 | €64,836 | €41,485 | -€23,351 | -36.0% |
| Other amounts payable | 47/48 | €102,190 | €0 | -€102,190 | -100% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | - | €290,500 | +€290,500 | |
| Remuneration, social security and pensions | 62 | €350,602 | €277,572 | -€73,031 | -20.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €87,875 | €97,162 | +€9,287 | +10.6% |
| Other operating charges | 640/8 | €11,161 | €5,647 | -€5,514 | -49.4% |
| Gross operating margin | 9900 | €811,413 | €1,001,587 | +€190,173 | +23.4% |
| Operating profit (loss) | 9901 | €361,775 | €621,206 | +€259,431 | +71.7% |
| Financial income | 75/76B | €5,188 | €2,254 | -€2,934 | -56.6% |
| Recurring financial income | 75 | €5,188 | €2,254 | -€2,934 | -56.6% |
| Financial charges | 65/66B | €2,184 | €3,667 | +€1,483 | +67.9% |
| Recurring financial charges | 65 | €2,184 | €3,667 | +€1,483 | +67.9% |
| Profit (loss) for the period before taxes | 9903 | €364,779 | €619,792 | +€255,013 | +69.9% |
| Transfer to deferred taxes | 680 | - | €285,000 | +€285,000 | |
| Income taxes | 67/77 | €88,799 | €81,714 | -€7,086 | -8.0% |
| Profit (loss) for the period | 9904 | €275,980 | €253,079 | -€22,901 | -8.3% |
| Profit (loss) for the period to be appropriated | 9905 | €275,980 | €253,079 | -€22,901 | -8.3% |
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 29 October 2026 via checked.be.