Kruisem Logistics Park: what changed
Kruisem Logistics Park
Largest movements
- Cash -€178,028
down €178,028 (-79.5%), from €223,904 to €45,876
mainly Investment in fixed assets (net) (-€133,493) and Other debts (-€58,900)
- Tangible fixed assets +€80,264
up €80,264 (+5.4%), from €1.5m to €1.6m
of which Land and buildings: +€79,092
- Receivables within one year -€28,911
down €28,911 (-46.2%), from €62,539 to €33,628
of which Trade receivables: -€28,227
- Other debts -€58,900
down €58,900 (-94.2%), from €62,500 to €3,600
- Profit (loss) carried forward -€49,667
down €49,667 (-87.7%), from €56,650 to €6,983
- Gross operating margin -€65,856
down €65,856 (-47.4%), from €138,862 to €73,007
- Taxes -€18,601
down €18,601 (-96.4%), from €19,294 to €693
- Depreciation +€7,733
up €7,733 (+17.0%), from €45,497 to €53,229
- Other operating charges +€3,345
up €3,345 (+18.4%), from €18,226 to €21,570
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,774,391 | €1,647,717 | -€126,675 | -7.1% |
| Fixed assets | 21/28 | €1,487,949 | €1,568,213 | +€80,264 | +5.4% |
| Tangible fixed assets | 22/27 | €1,487,949 | €1,568,213 | +€80,264 | +5.4% |
| Land and buildings | 22 | €1,487,949 | €1,567,040 | +€79,092 | +5.3% |
| Plant, machinery and equipment | 23 | - | €1,173 | +€1,173 | |
| Current assets | 29/58 | €286,443 | €79,504 | -€206,939 | -72.2% |
| Amounts receivable within one year | 40/41 | €62,539 | €33,628 | -€28,911 | -46.2% |
| Trade receivables | 40 | €46,377 | €18,150 | -€28,227 | -60.9% |
| Other amounts receivable | 41 | €16,162 | €15,478 | -€684 | -4.2% |
| Cash at bank and in hand | 54/58 | €223,904 | €45,876 | -€178,028 | -79.5% |
| Total equity and liabilities | 10/49 | €1,774,391 | €1,647,717 | -€126,675 | -7.1% |
| Equity | 10/15 | €1,684,650 | €1,634,983 | -€49,667 | -2.9% |
| Contributions | 10/11 | €1,480,000 | €1,480,000 | = | 0.0% |
| Capital | 10 | €1,480,000 | €1,480,000 | = | 0.0% |
| Issued capital | 100 | €1,480,000 | €1,480,000 | = | 0.0% |
| Reserves | 13 | €148,000 | €148,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €148,000 | €148,000 | = | 0.0% |
| Legal reserve | 130 | €148,000 | €148,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €56,650 | €6,983 | -€49,667 | -87.7% |
| Amounts payable | 17/49 | €89,741 | €12,734 | -€77,007 | -85.8% |
| Amounts payable within one year | 42/48 | €89,741 | €12,734 | -€77,007 | -85.8% |
| Trade debts | 44 | €17,141 | €228 | -€16,913 | -98.7% |
| Suppliers | 440/4 | €17,141 | €228 | -€16,913 | -98.7% |
| Taxes, remuneration and social security | 45 | €10,100 | €8,907 | -€1,194 | -11.8% |
| Taxes | 450/3 | €10,100 | €8,907 | -€1,194 | -11.8% |
| Other amounts payable | 47/48 | €62,500 | €3,600 | -€58,900 | -94.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,497 | €53,229 | +€7,733 | +17.0% |
| Other operating charges | 640/8 | €18,226 | €21,570 | +€3,345 | +18.4% |
| Gross operating margin | 9900 | €138,862 | €73,007 | -€65,856 | -47.4% |
| Operating profit (loss) | 9901 | €75,140 | -€1,793 | -€76,933 | |
| Financial income | 75/76B | €3,564 | €3,316 | -€249 | -7.0% |
| Recurring financial income | 75 | €3,564 | €3,316 | -€249 | -7.0% |
| Financial charges | 65/66B | €853 | €497 | -€356 | -41.7% |
| Recurring financial charges | 65 | €853 | €497 | -€356 | -41.7% |
| Profit (loss) for the period before taxes | 9903 | €77,851 | €1,025 | -€76,826 | -98.7% |
| Income taxes | 67/77 | €19,294 | €693 | -€18,601 | -96.4% |
| Profit (loss) for the period | 9904 | €58,557 | €333 | -€58,225 | -99.4% |
| Profit (loss) for the period to be appropriated | 9905 | €58,557 | €333 | -€58,225 | -99.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.