KWAKKELMUTTE: 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.
KWAKKELMUTTE
Largest movements
- Receivables within one year +€148,338
up €148,338 (+885%), from €16,756 to €165,094
of which Other amounts receivable: +€133,213
- Reserves +€174,001
up €174,001 (+45.8%), from €379,532 to €553,533
- Financial income +€124,479
up €124,479 (+100.0%), from €124,479 to €248,958
- Gross operating margin -€35,039
down €35,039 (-26.4%), from €132,551 to €97,512
- Financial charges -€4,906
down €4,906 (-13.3%), from €36,891 to €31,985
- Taxes +€3,237
up €3,237 (+8.7%), from €37,119 to €40,356
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 | €2,038,372 | €2,172,807 | +€134,436 | +6.6% |
| Fixed assets | 21/28 | €1,907,000 | €1,907,000 | = | 0.0% |
| Financial fixed assets | 28 | €1,907,000 | €1,907,000 | = | 0.0% |
| Current assets | 29/58 | €131,372 | €265,807 | +€134,436 | +102% |
| Amounts receivable within one year | 40/41 | €16,756 | €165,094 | +€148,338 | +885% |
| Trade receivables | 40 | €15,125 | €30,250 | +€15,125 | +100% |
| Other amounts receivable | 41 | €1,631 | €134,844 | +€133,213 | +8,166% |
| Cash at bank and in hand | 54/58 | €114,615 | €97,964 | -€16,652 | -14.5% |
| Deferred charges and accrued income | 490/1 | - | €2,750 | +€2,750 | |
| Total equity and liabilities | 10/49 | €2,038,372 | €2,172,807 | +€134,436 | +6.6% |
| Equity | 10/15 | €1,235,842 | €1,409,843 | +€174,001 | +14.1% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €379,532 | €553,533 | +€174,001 | +45.8% |
| Distributable reserves | 133 | €379,532 | €553,533 | +€174,001 | +45.8% |
| Profit (loss) carried forward | 14 | €837,760 | €837,760 | = | 0.0% |
| Amounts payable | 17/49 | €802,530 | €762,965 | -€39,565 | -4.9% |
| Amounts payable after more than one year | 17 | €16,667 | - | -€16,667 | |
| Financial debts | 170/4 | €16,667 | - | -€16,667 | |
| Amounts payable within one year | 42/48 | €751,500 | €731,917 | -€19,583 | -2.6% |
| Current portion of amounts payable after more than one year | 42 | €33,334 | €16,667 | -€16,667 | -50.0% |
| Trade debts | 44 | €6,769 | €9,694 | +€2,925 | +43.2% |
| Suppliers | 440/4 | €6,769 | €9,694 | +€2,925 | +43.2% |
| Taxes, remuneration and social security | 45 | €22,507 | €10,277 | -€12,230 | -54.3% |
| Taxes | 450/3 | €20,182 | €7,877 | -€12,305 | -61.0% |
| Remuneration and social security | 454/9 | €2,325 | €2,400 | +€75 | +3.2% |
| Other amounts payable | 47/48 | €688,891 | €695,279 | +€6,388 | +0.9% |
| Accrued charges and deferred income | 492/3 | €34,363 | €31,048 | -€3,315 | -9.6% |
| Other operating charges | 640/8 | €1,094 | €128 | -€966 | -88.3% |
| Gross operating margin | 9900 | €132,551 | €97,512 | -€35,039 | -26.4% |
| Operating profit (loss) | 9901 | €131,457 | €97,384 | -€34,074 | -25.9% |
| Financial income | 75/76B | €124,479 | €248,958 | +€124,479 | +100.0% |
| Recurring financial income | 75 | €124,479 | €248,958 | +€124,479 | +100.0% |
| Financial charges | 65/66B | €36,891 | €31,985 | -€4,906 | -13.3% |
| Recurring financial charges | 65 | €36,891 | €31,985 | -€4,906 | -13.3% |
| Profit (loss) for the period before taxes | 9903 | €219,046 | €314,357 | +€95,311 | +43.5% |
| Income taxes | 67/77 | €37,119 | €40,356 | +€3,237 | +8.7% |
| Profit (loss) for the period | 9904 | €181,927 | €274,001 | +€92,074 | +50.6% |
| Profit (loss) for the period to be appropriated | 9905 | €181,927 | €274,001 | +€92,074 | +50.6% |
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.