VAN KERCKHOVE J: what changed
What changed
VAN KERCKHOVE J
NACE 01.610, Support activities for crop production
filed annual accounts (NBB)
Net result for the year
€106,188
2024 · €107,724-€1,536
Equity
€421,786
2024 · €315,598+€106,188
Cash
€38,871
2024 · €47,246-€8,375
Balance sheet total
€1.4m
2024 · €1.2m+€172,414
Largest movements
Assets
- Receivables within one year +€139,811
up €139,811 (+29.2%), from €478,735 to €618,546
of which Trade receivables: +€114,282
- Tangible fixed assets +€40,228
up €40,228 (+5.9%), from €679,832 to €720,060
of which Plant, machinery and equipment: +€54,597
Equity and liabilities
- Reserves +€106,188
up €106,188 (+34.3%), from €309,398 to €415,586
- Trade debts +€45,351
up €45,351 (+27.3%), from €166,061 to €211,412
- Other debts +€37,995
up €37,995 (+194%), from €19,610 to €57,605
- Current portion of long-term debt -€16,892
down €16,892 (-8.6%), from €196,230 to €179,338
Income statement
- Gross operating margin +€177,194
up €177,194 (+36.5%), from €484,978 to €662,172
- Depreciation +€86,003
up €86,003 (+50.2%), from €171,182 to €257,185
- Staff costs +€66,937
up €66,937 (+53.3%), from €125,477 to €192,414
- Financial charges +€22,001
up €22,001 (+86.9%), from €25,314 to €47,315
Change in the result, 2024 to 2025
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 2024
€107,724
Gross operating margin
+€177,194
Staff costs
-€66,937
Depreciation
-€86,003
Other operating charges
-€6,563
Financial income
-€250
Financial charges
-€22,001
Taxes
+€3,023
Result 2025
€106,188
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€302,473
Investment
-€298,162
Financing
-€12,686
Cash 2024
€47,246
From operations (derived)
+€302,473
Net result for the year
+€106,188
Depreciation
+€257,185
Receivables within one year
-€139,811
Trade debts
+€45,351
Tax, wage and social debts
-€4,435
Other debts
+€37,995
Investment (derived)
-€298,162
Investment in fixed assets (net)
-€298,162
Financing
-€12,686
Debts after one year
+€4,206
Current portion of long-term debt
-€16,892
Cash 2025
€38,871
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,207,448 | €1,379,861 | +€172,414 | +14.3% |
| Fixed assets | 21/28 | €681,467 | €722,445 | +€40,978 | +6.0% |
| Tangible fixed assets | 22/27 | €679,832 | €720,060 | +€40,228 | +5.9% |
| Plant, machinery and equipment | 23 | €92,753 | €147,350 | +€54,597 | +58.9% |
| Furniture and vehicles | 24 | €117,209 | €138,426 | +€21,217 | +18.1% |
| Leasing and similar rights | 25 | €469,869 | €434,283 | -€35,586 | -7.6% |
| Financial fixed assets | 28 | €1,635 | €2,385 | +€750 | +45.9% |
| Current assets | 29/58 | €525,981 | €657,417 | +€131,436 | +25.0% |
| Amounts receivable within one year | 40/41 | €478,735 | €618,546 | +€139,811 | +29.2% |
| Trade receivables | 40 | €478,735 | €593,017 | +€114,282 | +23.9% |
| Other amounts receivable | 41 | - | €25,529 | +€25,529 | |
| Cash at bank and in hand | 54/58 | €47,246 | €38,871 | -€8,375 | -17.7% |
| Total equity and liabilities | 10/49 | €1,207,448 | €1,379,861 | +€172,414 | +14.3% |
| Equity | 10/15 | €315,598 | €421,786 | +€106,188 | +33.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €309,398 | €415,586 | +€106,188 | +34.3% |
| Distributable reserves | 133 | €309,398 | €415,586 | +€106,188 | +34.3% |
| Amounts payable | 17/49 | €891,850 | €958,075 | +€66,226 | +7.4% |
| Amounts payable after more than one year | 17 | €461,493 | €465,698 | +€4,206 | +0.9% |
| Financial debts | 170/4 | €461,493 | €465,698 | +€4,206 | +0.9% |
| Amounts payable within one year | 42/48 | €430,357 | €492,377 | +€62,020 | +14.4% |
| Current portion of amounts payable after more than one year | 42 | €196,230 | €179,338 | -€16,892 | -8.6% |
| Trade debts | 44 | €166,061 | €211,412 | +€45,351 | +27.3% |
| Suppliers | 440/4 | €166,061 | €211,412 | +€45,351 | +27.3% |
| Taxes, remuneration and social security | 45 | €48,457 | €44,022 | -€4,435 | -9.2% |
| Taxes | 450/3 | €32,466 | €28,923 | -€3,543 | -10.9% |
| Remuneration and social security | 454/9 | €15,991 | €15,099 | -€891 | -5.6% |
| Other amounts payable | 47/48 | €19,610 | €57,605 | +€37,995 | +194% |
| Non-recurring operating income | 76A | €8,583 | - | -€8,583 | |
| Remuneration, social security and pensions | 62 | €125,477 | €192,414 | +€66,937 | +53.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €171,182 | €257,185 | +€86,003 | +50.2% |
| Other operating charges | 640/8 | €9,244 | €15,807 | +€6,563 | +71.0% |
| Gross operating margin | 9900 | €484,978 | €662,172 | +€177,194 | +36.5% |
| Operating profit (loss) | 9901 | €179,075 | €196,766 | +€17,691 | +9.9% |
| Financial income | 75/76B | €456 | €206 | -€250 | -54.8% |
| Recurring financial income | 75 | €456 | €206 | -€250 | -54.8% |
| Financial charges | 65/66B | €25,314 | €47,315 | +€22,001 | +86.9% |
| Recurring financial charges | 65 | €25,314 | €47,315 | +€22,001 | +86.9% |
| Profit (loss) for the period before taxes | 9903 | €154,216 | €149,658 | -€4,559 | -3.0% |
| Income taxes | 67/77 | €46,493 | €43,469 | -€3,023 | -6.5% |
| Profit (loss) for the period | 9904 | €107,724 | €106,188 | -€1,536 | -1.4% |
| Profit (loss) for the period to be appropriated | 9905 | €107,724 | €106,188 | -€1,536 | -1.4% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.