't KACHELTJE: 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.
't KACHELTJE
Largest movements
- Cash -€17,550
down €17,550 (-83.7%), from €20,971 to €3,421
mainly Net result for the year (-€22,842) and Debts after one year (-€6,265)
- Stocks and contracts -€12,125
down €12,125 (-22.9%), from €53,045 to €40,920
- Tangible fixed assets -€11,199
down €11,199 (-33.7%), from €33,193 to €21,995
- Receivables within one year +€4,357
up €4,357 (+264%), from €1,651 to €6,008
of which Trade receivables: +€2,898
- Deferred charges and accrued income +€2,209
up €2,209 (+58.8%), from €3,759 to €5,968
- Profit (loss) carried forward -€22,842
new in 2025: -€22,842
- Debts after one year -€6,265
down €6,265 (-88.8%), from €7,051 to €787
- Trade debts -€5,054
down €5,054 (-73.4%), from €6,888 to €1,834
- Gross operating margin +€6,589
up €6,589 (+38.5%), from -€17,123 to -€10,534
- Depreciation -€2,425
down €2,425 (-17.8%), from €13,624 to €11,199
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 | €112,789 | €78,482 | -€34,307 | -30.4% |
| Fixed assets | 21/28 | €33,364 | €22,165 | -€11,199 | -33.6% |
| Tangible fixed assets | 22/27 | €33,193 | €21,995 | -€11,199 | -33.7% |
| Furniture and vehicles | 24 | €33,193 | €21,995 | -€11,199 | -33.7% |
| Financial fixed assets | 28 | €170 | €170 | = | 0.0% |
| Current assets | 29/58 | €79,426 | €56,317 | -€23,108 | -29.1% |
| Stocks and contracts in progress | 3 | €53,045 | €40,920 | -€12,125 | -22.9% |
| Stocks | 30/36 | €53,045 | €40,920 | -€12,125 | -22.9% |
| Amounts receivable within one year | 40/41 | €1,651 | €6,008 | +€4,357 | +264% |
| Trade receivables | 40 | €72 | €2,970 | +€2,898 | +4,014% |
| Other amounts receivable | 41 | €1,579 | €3,038 | +€1,459 | +92.4% |
| Cash at bank and in hand | 54/58 | €20,971 | €3,421 | -€17,550 | -83.7% |
| Deferred charges and accrued income | 490/1 | €3,759 | €5,968 | +€2,209 | +58.8% |
| Total equity and liabilities | 10/49 | €112,789 | €78,482 | -€34,307 | -30.4% |
| Equity | 10/15 | €90,659 | €67,817 | -€22,842 | -25.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €70,659 | €70,659 | = | 0.0% |
| Distributable reserves | 133 | €70,659 | €70,659 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€22,842 | -€22,842 | |
| Amounts payable | 17/49 | €22,130 | €10,665 | -€11,464 | -51.8% |
| Amounts payable after more than one year | 17 | €7,051 | €787 | -€6,265 | -88.8% |
| Financial debts | 170/4 | €7,051 | €787 | -€6,265 | -88.8% |
| Amounts payable within one year | 42/48 | €13,446 | €8,313 | -€5,133 | -38.2% |
| Current portion of amounts payable after more than one year | 42 | €6,180 | €6,265 | +€84 | +1.4% |
| Trade debts | 44 | €6,888 | €1,834 | -€5,054 | -73.4% |
| Suppliers | 440/4 | €6,888 | €1,834 | -€5,054 | -73.4% |
| Taxes, remuneration and social security | 45 | €378 | €214 | -€164 | -43.4% |
| Taxes | 450/3 | €228 | €214 | -€14 | -6.2% |
| Remuneration and social security | 454/9 | €150 | - | -€150 | |
| Accrued charges and deferred income | 492/3 | €1,632 | €1,566 | -€66 | -4.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,624 | €11,199 | -€2,425 | -17.8% |
| Other operating charges | 640/8 | €1,132 | €1,057 | -€74 | -6.6% |
| Gross operating margin | 9900 | -€17,123 | -€10,534 | +€6,589 | +38.5% |
| Operating profit (loss) | 9901 | -€31,878 | -€22,790 | +€9,088 | +28.5% |
| Financial income | 75/76B | €344 | €304 | -€40 | -11.6% |
| Recurring financial income | 75 | €344 | €304 | -€40 | -11.6% |
| Financial charges | 65/66B | €422 | €357 | -€65 | -15.5% |
| Recurring financial charges | 65 | €422 | €357 | -€65 | -15.5% |
| Profit (loss) for the period before taxes | 9903 | -€31,956 | -€22,842 | +€9,114 | +28.5% |
| Profit (loss) for the period | 9904 | -€31,956 | -€22,842 | +€9,114 | +28.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€31,956 | -€22,842 | +€9,114 | +28.5% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.