't KOUTERKE: 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 KOUTERKE
Largest movements
- Receivables within one year +€11,412
up €11,412 (+11.9%), from €95,960 to €107,371
of which Trade receivables: +€9,706
- Cash -€6,739
down €6,739 (-99.3%), from €6,787 to €48
mainly Trade debts (-€39,080) and Receivables within one year (-€11,412)
- Trade debts -€39,080
down €39,080 (-93.0%), from €42,043 to €2,964
- Reserves +€34,654
up €34,654 (+211%), from €16,414 to €51,068
of which Distributable reserves: +€34,654
- Debts after one year +€9,198
new in 2024: €9,198
- Current portion of long-term debt +€4,256
new in 2024: €4,256
- Other debts -€3,040
no longer reported in 2024 (was €3,040)
- Gross operating margin +€34,727
up €34,727 (+219%), from €15,823 to €50,550
- Taxes +€7,143
up €7,143 (+3,594%), from €199 to €7,342
- Financial charges +€750
up €750 (+20.2%), from €3,723 to €4,474
- Depreciation -€717
down €717 (-40.8%), from €1,760 to €1,042
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €109,782 | €113,939 | +€4,157 | +3.8% |
| Fixed assets | 21/28 | €6,306 | €5,264 | -€1,042 | -16.5% |
| Tangible fixed assets | 22/27 | €1,971 | €928 | -€1,042 | -52.9% |
| Plant, machinery and equipment | 23 | €54 | €3 | -€52 | -95.2% |
| Furniture and vehicles | 24 | €1,916 | €926 | -€991 | -51.7% |
| Financial fixed assets | 28 | €4,335 | €4,335 | = | 0.0% |
| Current assets | 29/58 | €103,476 | €108,675 | +€5,199 | +5.0% |
| Amounts receivable within one year | 40/41 | €95,960 | €107,371 | +€11,412 | +11.9% |
| Trade receivables | 40 | €4,790 | €14,496 | +€9,706 | +203% |
| Other amounts receivable | 41 | €91,170 | €92,875 | +€1,705 | +1.9% |
| Cash at bank and in hand | 54/58 | €6,787 | €48 | -€6,739 | -99.3% |
| Deferred charges and accrued income | 490/1 | €730 | €1,256 | +€527 | +72.2% |
| Total equity and liabilities | 10/49 | €109,782 | €113,939 | +€4,157 | +3.8% |
| Equity | 10/15 | €41,203 | €75,857 | +€34,654 | +84.1% |
| Contributions | 10/11 | €24,789 | €24,789 | = | 0.0% |
| Reserves | 13 | €16,414 | €51,068 | +€34,654 | +211% |
| Non-distributable reserves | 130/1 | €2,479 | €2,479 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,479 | €2,479 | = | 0.0% |
| Distributable reserves | 133 | €13,935 | €48,589 | +€34,654 | +249% |
| Amounts payable | 17/49 | €68,579 | €38,082 | -€30,497 | -44.5% |
| Amounts payable after more than one year | 17 | - | €9,198 | +€9,198 | |
| Financial debts | 170/4 | - | €9,198 | +€9,198 | |
| Amounts payable within one year | 42/48 | €68,579 | €28,884 | -€39,695 | -57.9% |
| Current portion of amounts payable after more than one year | 42 | - | €4,256 | +€4,256 | |
| Trade debts | 44 | €42,043 | €2,964 | -€39,080 | -93.0% |
| Suppliers | 440/4 | €42,043 | €2,964 | -€39,080 | -93.0% |
| Taxes, remuneration and social security | 45 | €23,495 | €21,665 | -€1,831 | -7.8% |
| Taxes | 450/3 | €23,495 | €21,665 | -€1,831 | -7.8% |
| Other amounts payable | 47/48 | €3,040 | - | -€3,040 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,760 | €1,042 | -€717 | -40.8% |
| Other operating charges | 640/8 | €3,546 | €3,041 | -€505 | -14.2% |
| Gross operating margin | 9900 | €15,823 | €50,550 | +€34,727 | +219% |
| Operating profit (loss) | 9901 | €10,517 | €46,467 | +€35,949 | +342% |
| Financial income | 75/76B | €3 | €3 | +€0 | +14.5% |
| Recurring financial income | 75 | €3 | €3 | +€0 | +14.5% |
| Financial charges | 65/66B | €3,723 | €4,474 | +€750 | +20.2% |
| Recurring financial charges | 65 | €3,723 | €4,474 | +€750 | +20.2% |
| Profit (loss) for the period before taxes | 9903 | €6,797 | €41,996 | +€35,199 | +518% |
| Income taxes | 67/77 | €199 | €7,342 | +€7,143 | +3,594% |
| Profit (loss) for the period | 9904 | €6,598 | €34,654 | +€28,056 | +425% |
| Profit (loss) for the period to be appropriated | 9905 | €6,598 | €34,654 | +€28,056 | +425% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.