Oude Abdij Kortenberg: 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.
Oude Abdij Kortenberg
Largest movements
- Cash +€74,245
up €74,245 (+128%), from €57,863 to €132,108
mainly Net result for the year (+€55,350) and Depreciation (+€40,520)
- Tangible fixed assets -€38,099
down €38,099 (-7.2%), from €528,764 to €490,665
of which Land and buildings: -€35,982
- Profit (loss) carried forward +€55,350
up €55,350 (+14.0%), from €396,673 to €452,023
- Debts after one year -€45,217
down €45,217 (-53.3%), from €84,783 to €39,565
- Current portion of long-term debt +€28,243
up €28,243 (+166%), from €16,974 to €45,217
- Accrued charges and deferred income -€26,058
down €26,058 (-24.4%), from €106,906 to €80,848
- Tax, wage and social debts +€19,201
up €19,201 (+619%), from €3,104 to €22,305
of which Taxes: +€17,149
- Financial charges -€251,409
down €251,409 (-100.0%), from €251,489 to €80
of which Non-recurring financial charges: -€250,000
- Gross operating margin -€150,494
down €150,494 (-47.3%), from €318,073 to €167,578
- Other operating charges +€13,992
up €13,992 (+104%), from €13,439 to €27,431
- Taxes +€4,010
up €4,010 (+39.9%), from €10,041 to €14,050
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 | €634,121 | €670,560 | +€36,439 | +5.7% |
| Fixed assets | 21/28 | €528,764 | €490,665 | -€38,099 | -7.2% |
| Tangible fixed assets | 22/27 | €528,764 | €490,665 | -€38,099 | -7.2% |
| Land and buildings | 22 | €512,978 | €476,996 | -€35,982 | -7.0% |
| Plant, machinery and equipment | 23 | €12,274 | €10,897 | -€1,377 | -11.2% |
| Furniture and vehicles | 24 | €3,512 | €2,772 | -€740 | -21.1% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €105,357 | €179,895 | +€74,537 | +70.7% |
| Amounts receivable within one year | 40/41 | €40,744 | €41,336 | +€591 | +1.5% |
| Trade receivables | 40 | €24,008 | €40,019 | +€16,011 | +66.7% |
| Other amounts receivable | 41 | €16,736 | €1,317 | -€15,419 | -92.1% |
| Cash at bank and in hand | 54/58 | €57,863 | €132,108 | +€74,245 | +128% |
| Deferred charges and accrued income | 490/1 | €6,750 | €6,451 | -€299 | -4.4% |
| Total equity and liabilities | 10/49 | €634,121 | €670,560 | +€36,439 | +5.7% |
| Equity | 10/15 | €399,352 | €454,702 | +€55,350 | +13.9% |
| Reserves | 13 | €2,679 | €2,679 | = | 0.0% |
| Profit (loss) carried forward | 14 | €396,673 | €452,023 | +€55,350 | +14.0% |
| Amounts payable | 17/49 | €234,769 | €215,857 | -€18,912 | -8.1% |
| Amounts payable after more than one year | 17 | €84,783 | €39,565 | -€45,217 | -53.3% |
| Financial debts | 170/4 | €84,783 | €39,565 | -€45,217 | -53.3% |
| Amounts payable within one year | 42/48 | €43,080 | €95,444 | +€52,364 | +122% |
| Current portion of amounts payable after more than one year | 42 | €16,974 | €45,217 | +€28,243 | +166% |
| Trade debts | 44 | €23,001 | €27,921 | +€4,920 | +21.4% |
| Suppliers | 440/4 | €23,001 | €27,921 | +€4,920 | +21.4% |
| Taxes, remuneration and social security | 45 | €3,104 | €22,305 | +€19,201 | +619% |
| Taxes | 450/3 | €0 | €17,149 | +€17,149 | |
| Remuneration and social security | 454/9 | €3,104 | €5,157 | +€2,052 | +66.1% |
| Accrued charges and deferred income | 492/3 | €106,906 | €80,848 | -€26,058 | -24.4% |
| Non-recurring operating income | 76A | €165,429 | €2,420 | -€163,008 | -98.5% |
| Remuneration, social security and pensions | 62 | €28,672 | €30,172 | +€1,501 | +5.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,935 | €40,520 | -€1,414 | -3.4% |
| Other operating charges | 640/8 | €13,439 | €27,431 | +€13,992 | +104% |
| Gross operating margin | 9900 | €318,073 | €167,578 | -€150,494 | -47.3% |
| Operating profit (loss) | 9901 | €234,027 | €69,455 | -€164,572 | -70.3% |
| Financial income | 75/76B | €26 | €26 | -€0 | -1.1% |
| Recurring financial income | 75 | €26 | €26 | -€0 | -1.1% |
| Financial charges | 65/66B | €251,489 | €80 | -€251,409 | -100.0% |
| Recurring financial charges | 65 | €1,489 | €80 | -€1,409 | -94.6% |
| Non-recurring financial charges | 66B | €250,000 | €0 | -€250,000 | -100% |
| Profit (loss) for the period before taxes | 9903 | -€17,436 | €69,401 | +€86,837 | |
| Income taxes | 67/77 | €10,041 | €14,050 | +€4,010 | +39.9% |
| Profit (loss) for the period | 9904 | -€27,477 | €55,350 | +€82,827 | |
| Profit (loss) for the period to be appropriated | 9905 | -€27,477 | €55,350 | +€82,827 |
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 28 October 2026 via checked.be.