KROEPHOEK: 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
KROEPHOEK
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
€16,248
2024 · €7,379+€8,870
Equity
€245,686
2024 · €230,415+€15,271
Cash
€5,895
2024 · €98+€5,798
Balance sheet total
€1.8m
2024 · €1.8m-€47,973
Largest movements
Assets
- Tangible fixed assets -€52,699
down €52,699 (-2.9%), from €1.8m to €1.8m
Equity and liabilities
- Debts after one year -€66,727
down €66,727 (-4.3%), from €1.5m to €1.5m
of which Financial debts: -€66,727
Income statement
- Gross operating margin +€6,519
up €6,519 (+7.2%), from €90,042 to €96,561
- Depreciation -€2,134
down €2,134 (-3.9%), from €55,037 to €52,903
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
€7,379
Gross operating margin
+€6,519
Depreciation
+€2,134
Other operating charges
-€177
Financial income
+€12
Financial charges
+€381
Result 2025
€16,248
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
+€71,744
Investment
€0
Financing
-€65,946
Cash 2024
€98
From operations (derived)
+€71,744
Net result for the year
+€16,248
Depreciation
+€52,903
Receivables within one year
+€883
Deferred charges and accrued income
-€16
Trade debts
+€226
Accrued charges and deferred income
+€1,499
Financing
-€65,946
Debts after one year
-€66,727
Current portion of long-term debt
+€1,758
Contributions, distributions and other
-€977
Cash 2025
€5,895
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,838,954 | €1,790,982 | -€47,973 | -2.6% |
| Formation expenses | 20 | €203 | €0 | -€203 | -100% |
| Fixed assets | 21/28 | €1,836,560 | €1,783,861 | -€52,699 | -2.9% |
| Tangible fixed assets | 22/27 | €1,836,320 | €1,783,621 | -€52,699 | -2.9% |
| Land and buildings | 22 | €1,836,320 | €1,783,621 | -€52,699 | -2.9% |
| Financial fixed assets | 28 | €240 | €240 | = | 0.0% |
| Current assets | 29/58 | €2,191 | €7,121 | +€4,930 | +225% |
| Amounts receivable within one year | 40/41 | €883 | €0 | -€883 | -100% |
| Trade receivables | 40 | €300 | €0 | -€300 | -100% |
| Other amounts receivable | 41 | €584 | €0 | -€584 | -100% |
| Cash at bank and in hand | 54/58 | €98 | €5,895 | +€5,798 | +5,938% |
| Deferred charges and accrued income | 490/1 | €1,210 | €1,225 | +€16 | +1.3% |
| Total equity and liabilities | 10/49 | €1,838,954 | €1,790,982 | -€47,973 | -2.6% |
| Equity | 10/15 | €230,415 | €245,686 | +€15,271 | +6.6% |
| Contributions | 10/11 | €312,500 | €312,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€89,904 | -€73,656 | +€16,248 | +18.1% |
| Investment grants | 15 | €7,819 | €6,841 | -€977 | -12.5% |
| Amounts payable | 17/49 | €1,608,539 | €1,545,296 | -€63,244 | -3.9% |
| Amounts payable after more than one year | 17 | €1,539,877 | €1,473,150 | -€66,727 | -4.3% |
| Financial debts | 170/4 | €1,539,732 | €1,473,005 | -€66,727 | -4.3% |
| Other amounts payable | 178/9 | €145 | €145 | = | 0.0% |
| Amounts payable within one year | 42/48 | €67,761 | €69,746 | +€1,984 | +2.9% |
| Current portion of amounts payable after more than one year | 42 | €65,502 | €67,260 | +€1,758 | +2.7% |
| Trade debts | 44 | €2,259 | €2,485 | +€226 | +10.0% |
| Suppliers | 440/4 | €2,259 | €2,485 | +€226 | +10.0% |
| Accrued charges and deferred income | 492/3 | €901 | €2,400 | +€1,499 | +166% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55,037 | €52,903 | -€2,134 | -3.9% |
| Other operating charges | 640/8 | €5,655 | €5,832 | +€177 | +3.1% |
| Gross operating margin | 9900 | €90,042 | €96,561 | +€6,519 | +7.2% |
| Operating profit (loss) | 9901 | €29,351 | €37,827 | +€8,476 | +28.9% |
| Financial income | 75/76B | €978 | €990 | +€12 | +1.3% |
| Recurring financial income | 75 | €978 | €990 | +€12 | +1.3% |
| Financial charges | 65/66B | €22,950 | €22,569 | -€381 | -1.7% |
| Recurring financial charges | 65 | €22,950 | €22,569 | -€381 | -1.7% |
| Profit (loss) for the period before taxes | 9903 | €7,379 | €16,248 | +€8,870 | +120% |
| Profit (loss) for the period | 9904 | €7,379 | €16,248 | +€8,870 | +120% |
| Profit (loss) for the period to be appropriated | 9905 | €7,379 | €16,248 | +€8,870 | +120% |
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.