Van Keirsbilck Kristiaan: 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.
Van Keirsbilck Kristiaan
Largest movements
- Cash +€77,073
up €77,073 (+142%), from €54,213 to €131,286
mainly Net result for the year (+€118,005) and Receivables within one year (+€43,165)
- Receivables within one year -€43,165
down €43,165 (-42.2%), from €102,377 to €59,211
of which Other amounts receivable: -€44,555
- Reserves +€118,005
up €118,005 (+78.7%), from €149,982 to €267,987
- Other debts -€102,199
down €102,199 (-51.6%), from €198,168 to €95,970
- Tax, wage and social debts +€24,029
up €24,029 (+3,204%), from €750 to €24,779
- Gross operating margin +€144,546
up €144,546 (+448%), from €32,251 to €176,797
- Taxes +€49,386
up €49,386 (+497%), from €9,942 to €59,329
- Financial charges -€5,456
down €5,456 (-98.0%), from €5,568 to €112
- Financial income +€4,203
up €4,203 (+1,198%), from €351 to €4,554
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 | €595,914 | €639,301 | +€43,387 | +7.3% |
| Fixed assets | 21/28 | €437,089 | €442,900 | +€5,810 | +1.3% |
| Tangible fixed assets | 22/27 | €9,571 | €15,381 | +€5,810 | +60.7% |
| Plant, machinery and equipment | 23 | - | €7,149 | +€7,149 | |
| Furniture and vehicles | 24 | €3,076 | €2,302 | -€774 | -25.2% |
| Other tangible fixed assets | 26 | €6,495 | €5,930 | -€565 | -8.7% |
| Financial fixed assets | 28 | €427,518 | €427,518 | = | 0.0% |
| Current assets | 29/58 | €158,825 | €196,402 | +€37,577 | +23.7% |
| Amounts receivable within one year | 40/41 | €102,377 | €59,211 | -€43,165 | -42.2% |
| Trade receivables | 40 | - | €1,390 | +€1,390 | |
| Other amounts receivable | 41 | €102,377 | €57,822 | -€44,555 | -43.5% |
| Cash at bank and in hand | 54/58 | €54,213 | €131,286 | +€77,073 | +142% |
| Deferred charges and accrued income | 490/1 | €2,235 | €5,904 | +€3,669 | +164% |
| Total equity and liabilities | 10/49 | €595,914 | €639,301 | +€43,387 | +7.3% |
| Equity | 10/15 | €379,982 | €497,987 | +€118,005 | +31.1% |
| Contributions | 10/11 | €230,000 | €230,000 | = | 0.0% |
| Reserves | 13 | €149,982 | €267,987 | +€118,005 | +78.7% |
| Distributable reserves | 133 | €149,982 | €267,987 | +€118,005 | +78.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €215,933 | €141,314 | -€74,618 | -34.6% |
| Amounts payable within one year | 42/48 | €215,933 | €141,314 | -€74,618 | -34.6% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €17,014 | €20,516 | +€3,502 | +20.6% |
| Credit institutions | 430/8 | €17,014 | €20,516 | +€3,502 | +20.6% |
| Trade debts | 44 | €0 | €50 | +€50 | |
| Suppliers | 440/4 | €0 | €50 | +€50 | |
| Taxes, remuneration and social security | 45 | €750 | €24,779 | +€24,029 | +3,204% |
| Taxes | 450/3 | €750 | €24,779 | +€24,029 | +3,204% |
| Other amounts payable | 47/48 | €198,168 | €95,970 | -€102,199 | -51.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,339 | €1,684 | +€345 | +25.8% |
| Other operating charges | 640/8 | €2,006 | €2,221 | +€215 | +10.7% |
| Gross operating margin | 9900 | €32,251 | €176,797 | +€144,546 | +448% |
| Operating profit (loss) | 9901 | €28,906 | €172,892 | +€143,986 | +498% |
| Financial income | 75/76B | €351 | €4,554 | +€4,203 | +1,198% |
| Recurring financial income | 75 | €351 | €4,554 | +€4,203 | +1,198% |
| Financial charges | 65/66B | €5,568 | €112 | -€5,456 | -98.0% |
| Recurring financial charges | 65 | €5,568 | €112 | -€5,456 | -98.0% |
| Profit (loss) for the period before taxes | 9903 | €23,689 | €177,334 | +€153,645 | +649% |
| Income taxes | 67/77 | €9,942 | €59,329 | +€49,386 | +497% |
| Profit (loss) for the period | 9904 | €13,746 | €118,005 | +€104,259 | +758% |
| Profit (loss) for the period to be appropriated | 9905 | €13,746 | €118,005 | +€104,259 | +758% |
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.