'T Koetshuys: 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 Koetshuys
Largest movements
- Cash -€19,562
down €19,562 (-78.0%), from €25,095 to €5,533
mainly Net result for the year (-€14,532) and Tax, wage and social debts (-€5,847)
- Receivables within one year -€8,650
down €8,650 (-6.4%), from €135,324 to €126,675
of which Other amounts receivable: -€13,774
- Stocks and contracts +€5,000
up €5,000 (+34.3%), from €14,577 to €19,577
of which Contracts in progress: +€5,000
- Receivables after one year +€3,483
new in 2025: €3,483
- Intangible fixed assets +€2,500
new in 2025: €2,500
- Profit (loss) carried forward -€14,532
down €14,532 (-38.3%), from -€37,898 to -€52,430
- Tax, wage and social debts -€5,847
down €5,847 (-51.0%), from €11,472 to €5,625
- Trade debts +€3,064
up €3,064 (+35.5%), from €8,640 to €11,704
- Gross operating margin -€51,859
down €51,859, from €38,038 to -€13,820
- Write-downs -€34,013
no longer reported in 2025 (was €34,013)
- Taxes -€2,245
no longer reported in 2025 (was €2,245)
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 | €175,192 | €157,970 | -€17,222 | -9.8% |
| Fixed assets | 21/28 | - | €2,500 | +€2,500 | |
| Intangible fixed assets | 21 | - | €2,500 | +€2,500 | |
| Current assets | 29/58 | €175,192 | €155,470 | -€19,722 | -11.3% |
| Amounts receivable after more than one year | 29 | - | €3,483 | +€3,483 | |
| Other amounts receivable | 291 | - | €3,483 | +€3,483 | |
| Stocks and contracts in progress | 3 | €14,577 | €19,577 | +€5,000 | +34.3% |
| Stocks | 30/36 | €14,577 | €14,577 | = | 0.0% |
| Contracts in progress | 37 | - | €5,000 | +€5,000 | |
| Amounts receivable within one year | 40/41 | €135,324 | €126,675 | -€8,650 | -6.4% |
| Trade receivables | 40 | €123 | €5,247 | +€5,124 | +4,166% |
| Other amounts receivable | 41 | €135,201 | €121,428 | -€13,774 | -10.2% |
| Cash at bank and in hand | 54/58 | €25,095 | €5,533 | -€19,562 | -78.0% |
| Deferred charges and accrued income | 490/1 | €196 | €202 | +€6 | +3.2% |
| Total equity and liabilities | 10/49 | €175,192 | €157,970 | -€17,222 | -9.8% |
| Equity | 10/15 | €154,773 | €140,241 | -€14,532 | -9.4% |
| Contributions | 10/11 | €191,280 | €191,280 | = | 0.0% |
| Capital | 10 | €88,412 | €88,412 | = | 0.0% |
| Issued capital | 100 | €88,412 | €88,412 | = | 0.0% |
| Contributions outside capital | 11 | €102,868 | €102,868 | = | 0.0% |
| Share premium | 1100/10 | €102,868 | €102,868 | = | 0.0% |
| Reserves | 13 | €1,391 | €1,391 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,391 | €1,391 | = | 0.0% |
| Legal reserve | 130 | €1,391 | €1,391 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€37,898 | -€52,430 | -€14,532 | -38.3% |
| Amounts payable | 17/49 | €20,420 | €17,729 | -€2,691 | -13.2% |
| Amounts payable within one year | 42/48 | €20,420 | €17,329 | -€3,090 | -15.1% |
| Financial debts | 43 | €308 | - | -€308 | |
| Credit institutions | 430/8 | €308 | - | -€308 | |
| Trade debts | 44 | €8,640 | €11,704 | +€3,064 | +35.5% |
| Suppliers | 440/4 | €8,640 | €11,704 | +€3,064 | +35.5% |
| Taxes, remuneration and social security | 45 | €11,472 | €5,625 | -€5,847 | -51.0% |
| Taxes | 450/3 | €11,472 | €5,625 | -€5,847 | -51.0% |
| Accrued charges and deferred income | 492/3 | - | €400 | +€400 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €34,013 | - | -€34,013 | |
| Other operating charges | 640/8 | €655 | €520 | -€136 | -20.7% |
| Gross operating margin | 9900 | €38,038 | -€13,820 | -€51,859 | |
| Operating profit (loss) | 9901 | €3,370 | -€14,340 | -€17,710 | |
| Financial income | 75/76B | €229 | €25 | -€203 | -89.0% |
| Recurring financial income | 75 | €229 | €25 | -€203 | -89.0% |
| Financial charges | 65/66B | €237 | €217 | -€21 | -8.7% |
| Recurring financial charges | 65 | €237 | €217 | -€21 | -8.7% |
| Profit (loss) for the period before taxes | 9903 | €3,361 | -€14,532 | -€17,893 | |
| Income taxes | 67/77 | €2,245 | - | -€2,245 | |
| Profit (loss) for the period | 9904 | €1,116 | -€14,532 | -€15,647 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,116 | -€14,532 | -€15,647 |
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 22 October 2026 via checked.be.