Kris Van Huffel: 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 Huffel
Largest movements
- Tangible fixed assets -€9,787
down €9,787 (-26.4%), from €37,128 to €27,341
of which Furniture and vehicles: -€9,304
- Receivables within one year -€1,303
down €1,303 (-12.1%), from €10,802 to €9,499
of which Other amounts receivable: -€7,840
- Reserves -€5,672
down €5,672 (-12.5%), from €45,434 to €39,761
- Debts after one year -€5,169
down €5,169 (-33.9%), from €15,254 to €10,085
- Gross operating margin -€16,770
down €16,770 (-48.6%), from €34,540 to €17,769
- Taxes -€2,919
down €2,919 (-57.9%), from €5,038 to €2,119
- Financial charges -€701
down €701 (-45.1%), from €1,554 to €854
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 | €78,360 | €67,576 | -€10,785 | -13.8% |
| Fixed assets | 21/28 | €37,128 | €27,341 | -€9,787 | -26.4% |
| Tangible fixed assets | 22/27 | €37,128 | €27,341 | -€9,787 | -26.4% |
| Land and buildings | 22 | €1,289 | €805 | -€483 | -37.5% |
| Furniture and vehicles | 24 | €35,839 | €26,535 | -€9,304 | -26.0% |
| Current assets | 29/58 | €41,232 | €40,235 | -€997 | -2.4% |
| Amounts receivable within one year | 40/41 | €10,802 | €9,499 | -€1,303 | -12.1% |
| Trade receivables | 40 | - | €6,537 | +€6,537 | |
| Other amounts receivable | 41 | €10,802 | €2,962 | -€7,840 | -72.6% |
| Cash at bank and in hand | 54/58 | €30,234 | €30,736 | +€502 | +1.7% |
| Deferred charges and accrued income | 490/1 | €196 | €0 | -€196 | -100% |
| Total equity and liabilities | 10/49 | €78,360 | €67,576 | -€10,785 | -13.8% |
| Equity | 10/15 | €47,934 | €42,261 | -€5,672 | -11.8% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €45,434 | €39,761 | -€5,672 | -12.5% |
| Distributable reserves | 133 | €45,434 | €39,761 | -€5,672 | -12.5% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €30,427 | €25,314 | -€5,112 | -16.8% |
| Amounts payable after more than one year | 17 | €15,254 | €10,085 | -€5,169 | -33.9% |
| Financial debts | 170/4 | €15,254 | €10,085 | -€5,169 | -33.9% |
| Amounts payable within one year | 42/48 | €15,173 | €15,229 | +€57 | +0.4% |
| Current portion of amounts payable after more than one year | 42 | €4,947 | €5,169 | +€222 | +4.5% |
| Taxes, remuneration and social security | 45 | €1,538 | €1,500 | -€38 | -2.5% |
| Taxes | 450/3 | €1,538 | €1,500 | -€38 | -2.5% |
| Other amounts payable | 47/48 | €8,687 | €8,560 | -€127 | -1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,787 | €9,787 | = | 0.0% |
| Other operating charges | 640/8 | €766 | €938 | +€172 | +22.5% |
| Gross operating margin | 9900 | €34,540 | €17,769 | -€16,770 | -48.6% |
| Operating profit (loss) | 9901 | €23,986 | €7,044 | -€16,943 | -70.6% |
| Financial income | 75/76B | €145 | €257 | +€112 | +77.5% |
| Recurring financial income | 75 | €145 | €257 | +€112 | +77.5% |
| Financial charges | 65/66B | €1,554 | €854 | -€701 | -45.1% |
| Recurring financial charges | 65 | €1,554 | €854 | -€701 | -45.1% |
| Profit (loss) for the period before taxes | 9903 | €22,577 | €6,447 | -€16,130 | -71.4% |
| Income taxes | 67/77 | €5,038 | €2,119 | -€2,919 | -57.9% |
| Profit (loss) for the period | 9904 | €17,538 | €4,328 | -€13,211 | -75.3% |
| Profit (loss) for the period to be appropriated | 9905 | €17,538 | €4,328 | -€13,211 | -75.3% |
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 21 October 2026 via checked.be.