KWAKKELBOS: 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.
KWAKKELBOS
Largest movements
- Cash +€315,330
up €315,330 (+24,844%), from €1,269 to €316,599
mainly Current investments (+€313,740) and Net result for the year (+€29,960)
- Current investments -€313,740
down €313,740 (-24.9%), from €1.3m to €946,260
- Receivables within one year +€20,578
up €20,578 (+7.0%), from €293,949 to €314,526
- Reserves +€29,960
up €29,960 (+2.3%), from €1.3m to €1.3m
of which Distributable reserves: +€29,960
- Financial income -€33,799
down €33,799 (-79.8%), from €42,346 to €8,548
- Taxes -€8,597
down €8,597 (-46.3%), from €18,584 to €9,987
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 | €1,580,007 | €1,602,174 | +€22,167 | +1.4% |
| Fixed assets | 21/28 | €24,789 | €24,789 | = | 0.0% |
| Tangible fixed assets | 22/27 | €24,789 | €24,789 | = | 0.0% |
| Land and buildings | 22 | €24,789 | €24,789 | = | 0.0% |
| Current assets | 29/58 | €1,555,218 | €1,577,385 | +€22,167 | +1.4% |
| Amounts receivable within one year | 40/41 | €293,949 | €314,526 | +€20,578 | +7.0% |
| Other amounts receivable | 41 | €293,949 | €314,526 | +€20,578 | +7.0% |
| Current investments | 50/53 | €1,260,000 | €946,260 | -€313,740 | -24.9% |
| Cash at bank and in hand | 54/58 | €1,269 | €316,599 | +€315,330 | +24,844% |
| Total equity and liabilities | 10/49 | €1,580,007 | €1,602,174 | +€22,167 | +1.4% |
| Equity | 10/15 | €1,572,204 | €1,602,164 | +€29,960 | +1.9% |
| Contributions | 10/11 | €272,931 | €272,931 | = | 0.0% |
| Capital | 10 | €272,931 | €272,931 | = | 0.0% |
| Issued capital | 100 | €272,931 | €272,931 | = | 0.0% |
| Reserves | 13 | €1,299,274 | €1,329,234 | +€29,960 | +2.3% |
| Non-distributable reserves | 130/1 | €29,087 | €29,087 | = | 0.0% |
| Legal reserve | 130 | €27,293 | €27,293 | = | 0.0% |
| Other | 1319 | €1,793 | €1,793 | = | 0.0% |
| Distributable reserves | 133 | €1,270,187 | €1,300,147 | +€29,960 | +2.4% |
| Amounts payable | 17/49 | €7,803 | €10 | -€7,793 | -99.9% |
| Amounts payable within one year | 42/48 | €7,803 | €10 | -€7,793 | -99.9% |
| Trade debts | 44 | €0 | €10 | +€10 | |
| Suppliers | 440/4 | €0 | €10 | +€10 | |
| Taxes, remuneration and social security | 45 | €7,803 | €0 | -€7,803 | -100% |
| Taxes | 450/3 | €7,803 | €0 | -€7,803 | -100% |
| Other operating charges | 640/8 | €14,808 | €15,181 | +€373 | +2.5% |
| Gross operating margin | 9900 | €46,841 | €46,625 | -€216 | -0.5% |
| Operating profit (loss) | 9901 | €32,033 | €31,444 | -€589 | -1.8% |
| Financial income | 75/76B | €42,346 | €8,548 | -€33,799 | -79.8% |
| Recurring financial income | 75 | €42,346 | €8,548 | -€33,799 | -79.8% |
| Financial charges | 65/66B | €44 | €45 | +€2 | +3.4% |
| Recurring financial charges | 65 | €44 | €45 | +€2 | +3.4% |
| Profit (loss) for the period before taxes | 9903 | €74,336 | €39,946 | -€34,389 | -46.3% |
| Income taxes | 67/77 | €18,584 | €9,987 | -€8,597 | -46.3% |
| Profit (loss) for the period | 9904 | €55,752 | €29,960 | -€25,792 | -46.3% |
| Profit (loss) for the period to be appropriated | 9905 | €55,752 | €29,960 | -€25,792 | -46.3% |
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 16 October 2026 via checked.be.