Kuringen Park Grond: 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.
Kuringen Park Grond
Largest movements
- Receivables within one year -€477,725
down €477,725 (-61.4%), from €778,347 to €300,622
of which Trade receivables: -€773,846
- Cash -€278,875
down €278,875 (-100%), from €278,875 to €0
mainly Short-term financial debts (-€643,596) and Other debts (-€465,158)
- Stocks and contracts -€252,122
down €252,122 (-5.5%), from €4.6m to €4.3m
- Short-term financial debts -€643,596
down €643,596 (-15.9%), from €4.0m to €3.4m
- Other debts -€465,158
down €465,158 (-32.7%), from €1.4m to €957,896
- Profit (loss) carried forward +€138,358
new in 2025: €138,358
- Trade debts -€84,065
down €84,065 (-86.9%), from €96,698 to €12,633
- Other operating charges -€505,744
down €505,744 (-99.5%), from €508,428 to €2,684
- Gross operating margin -€319,203
down €319,203 (-62.5%), from €511,041 to €191,838
- Taxes +€50,366
new in 2025: €50,366
From the 2024 result to the 2025 result
The net result is not in both sets of accounts; without it the difference cannot be explained line by line.
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 | €5,643,866 | €4,635,144 | -€1.0m | -17.9% |
| Current assets | 29/58 | €5,643,866 | €4,635,144 | -€1.0m | -17.9% |
| Stocks and contracts in progress | 3 | €4,586,643 | €4,334,522 | -€252,122 | -5.5% |
| Stocks | 30/36 | €4,586,643 | €4,334,522 | -€252,122 | -5.5% |
| Amounts receivable within one year | 40/41 | €778,347 | €300,622 | -€477,725 | -61.4% |
| Trade receivables | 40 | €778,252 | €4,405 | -€773,846 | -99.4% |
| Other amounts receivable | 41 | €96 | €296,217 | +€296,121 | +309,524% |
| Cash at bank and in hand | 54/58 | €278,875 | €0 | -€278,875 | -100% |
| Total equity and liabilities | 10/49 | €5,643,866 | €4,635,144 | -€1.0m | -17.9% |
| Equity | 10/15 | €20,000 | €158,358 | +€138,358 | +692% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €138,358 | +€138,358 | |
| Amounts payable | 17/49 | €5,623,866 | €4,476,786 | -€1.1m | -20.4% |
| Amounts payable within one year | 42/48 | €5,623,866 | €4,476,786 | -€1.1m | -20.4% |
| Financial debts | 43 | €4,040,000 | €3,396,404 | -€643,596 | -15.9% |
| Credit institutions | 430/8 | €4,040,000 | €3,396,404 | -€643,596 | -15.9% |
| Trade debts | 44 | €96,698 | €12,633 | -€84,065 | -86.9% |
| Suppliers | 440/4 | €96,698 | €12,633 | -€84,065 | -86.9% |
| Advances received on contracts in progress | 46 | €64,115 | €59,488 | -€4,627 | -7.2% |
| Taxes, remuneration and social security | 45 | - | €50,366 | +€50,366 | |
| Taxes | 450/3 | - | €50,366 | +€50,366 | |
| Other amounts payable | 47/48 | €1,423,053 | €957,896 | -€465,158 | -32.7% |
| Other operating charges | 640/8 | €508,428 | €2,684 | -€505,744 | -99.5% |
| Gross operating margin | 9900 | €511,041 | €191,838 | -€319,203 | -62.5% |
| Operating profit (loss) | 9901 | €2,612 | €189,154 | +€186,542 | +7,141% |
| Financial charges | 65/66B | €2,612 | €430 | -€2,182 | -83.5% |
| Recurring financial charges | 65 | €2,612 | €430 | -€2,182 | -83.5% |
| Profit (loss) for the period before taxes | 9903 | - | €188,724 | +€188,724 | |
| Income taxes | 67/77 | - | €50,366 | +€50,366 | |
| Profit (loss) for the period | 9904 | - | €138,358 | +€138,358 | |
| Profit (loss) for the period to be appropriated | 9905 | - | €138,358 | +€138,358 |
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 24 October 2026 via checked.be.