't Kreukeltje: what changed
What changed
't Kreukeltje
NACE 55.203, Holiday cottages, homes and apartments
filed annual accounts (NBB)
Net result for the year
€3,381
2023 · -€4,855+€8,236
Equity
-€18,648
2023 · -€22,029+€3,381
Cash
€472
2023 · €1,024-€552
Balance sheet total
€212,936
2023 · €209,115+€3,821
Largest movements
Assets
- Receivables within one year +€17,158
up €17,158 (+20.5%), from €83,609 to €100,767
of which Other amounts receivable: +€16,105
- Tangible fixed assets -€12,744
down €12,744 (-10.4%), from €123,125 to €110,381
of which Land and buildings: -€10,744
Equity and liabilities
- Other debts +€10,244
up €10,244 (+15.6%), from €65,684 to €75,928
- Short-term financial debts -€5,155
no longer reported in 2024 (was €5,155)
- Profit (loss) carried forward +€3,381
up €3,381 (+2.4%), from -€140,961 to -€137,580
- Trade debts -€2,791
down €2,791 (-51.7%), from €5,394 to €2,603
Income statement
- Gross operating margin +€4,492
up €4,492 (+36.6%), from €12,270 to €16,762
- Financial charges -€2,018
down €2,018 (-95.7%), from €2,108 to €90
- Other operating charges -€1,448
down €1,448 (-91.2%), from €1,588 to €140
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2023
-€4,855
Gross operating margin
+€4,492
Depreciation
+€154
Write-downs
+€116
Other operating charges
+€1,448
Financial income
+€4
Financial charges
+€2,018
Taxes
+€4
Result 2024
€3,381
raises the result
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€6,398
Investment
€0
Financing
-€6,950
Cash 2023
€1,024
From operations (derived)
+€6,398
Net result for the year
+€3,381
Depreciation
+€12,744
Receivables within one year
-€17,158
Deferred charges and accrued income
+€41
Trade debts
-€2,791
Tax, wage and social debts
+€642
Advances received
-€705
Other debts
+€10,244
Financing
-€6,950
Current portion of long-term debt
-€1,795
Short-term financial debts
-€5,155
Cash 2024
€472
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €209,115 | €212,936 | +€3,821 | +1.8% |
| Fixed assets | 21/28 | €123,625 | €110,881 | -€12,744 | -10.3% |
| Tangible fixed assets | 22/27 | €123,125 | €110,381 | -€12,744 | -10.4% |
| Land and buildings | 22 | €107,207 | €96,463 | -€10,744 | -10.0% |
| Plant, machinery and equipment | 23 | €14,382 | €12,894 | -€1,488 | -10.3% |
| Furniture and vehicles | 24 | €1,536 | €1,024 | -€512 | -33.3% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €85,490 | €102,055 | +€16,565 | +19.4% |
| Amounts receivable within one year | 40/41 | €83,609 | €100,767 | +€17,158 | +20.5% |
| Trade receivables | 40 | €6,366 | €7,419 | +€1,053 | +16.5% |
| Other amounts receivable | 41 | €77,243 | €93,348 | +€16,105 | +20.8% |
| Cash at bank and in hand | 54/58 | €1,024 | €472 | -€552 | -53.9% |
| Deferred charges and accrued income | 490/1 | €857 | €816 | -€41 | -4.8% |
| Total equity and liabilities | 10/49 | €209,115 | €212,936 | +€3,821 | +1.8% |
| Equity | 10/15 | -€22,029 | -€18,648 | +€3,381 | +15.3% |
| Contributions | 10/11 | €118,592 | €118,592 | = | 0.0% |
| Reserves | 13 | €340 | €340 | = | 0.0% |
| Non-distributable reserves | 130/1 | €340 | €340 | = | 0.0% |
| Reserves not available under the articles | 1311 | €340 | €340 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€140,961 | -€137,580 | +€3,381 | +2.4% |
| Amounts payable | 17/49 | €231,144 | €231,584 | +€440 | +0.2% |
| Amounts payable after more than one year | 17 | €118,000 | €118,000 | = | 0.0% |
| Financial debts | 170/4 | €118,000 | €118,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €80,217 | €80,657 | +€440 | +0.5% |
| Current portion of amounts payable after more than one year | 42 | €1,795 | - | -€1,795 | |
| Financial debts | 43 | €5,155 | - | -€5,155 | |
| Credit institutions | 430/8 | €5,155 | - | -€5,155 | |
| Trade debts | 44 | €5,394 | €2,603 | -€2,791 | -51.7% |
| Suppliers | 440/4 | €5,394 | €2,603 | -€2,791 | -51.7% |
| Advances received on contracts in progress | 46 | €1,000 | €295 | -€705 | -70.5% |
| Taxes, remuneration and social security | 45 | €1,189 | €1,831 | +€642 | +54.0% |
| Taxes | 450/3 | €1,189 | €1,831 | +€642 | +54.0% |
| Other amounts payable | 47/48 | €65,684 | €75,928 | +€10,244 | +15.6% |
| Accrued charges and deferred income | 492/3 | €32,927 | €32,927 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,898 | €12,744 | -€154 | -1.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €116 | - | -€116 | |
| Other operating charges | 640/8 | €1,588 | €140 | -€1,448 | -91.2% |
| Gross operating margin | 9900 | €12,270 | €16,762 | +€4,492 | +36.6% |
| Operating profit (loss) | 9901 | -€2,332 | €3,878 | +€6,210 | |
| Financial income | 75/76B | - | €4 | +€4 | |
| Recurring financial income | 75 | - | €4 | +€4 | |
| Financial charges | 65/66B | €2,108 | €90 | -€2,018 | -95.7% |
| Recurring financial charges | 65 | €2,108 | €90 | -€2,018 | -95.7% |
| Profit (loss) for the period before taxes | 9903 | -€4,440 | €3,792 | +€8,232 | |
| Income taxes | 67/77 | €415 | €411 | -€4 | -1.0% |
| Profit (loss) for the period | 9904 | -€4,855 | €3,381 | +€8,236 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,855 | €3,381 | +€8,236 |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.