VAN KERKHOVEN: what changed
VAN KERKHOVEN
Largest movements
- Cash +€7,001
up €7,001 (+73.7%), from €9,495 to €16,496
mainly Tax, wage and social debts (+€8,671) and Trade debts (+€6,471)
- Tangible fixed assets +€6,694
up €6,694 (+44.8%), from €14,929 to €21,623
of which Plant, machinery and equipment: +€12,062
- Receivables within one year -€5,961
down €5,961 (-75.5%), from €7,892 to €1,931
of which Trade receivables: -€5,952
- Deferred charges and accrued income +€873
up €873 (+82.9%), from €1,052 to €1,925
- Tax, wage and social debts +€8,671
up €8,671 (+1,019%), from €851 to €9,521
of which Taxes: +€7,764
- Trade debts +€6,471
up €6,471 (+422%), from €1,533 to €8,004
- Profit (loss) carried forward -€3,078
down €3,078, from €0 to -€3,078
- Advances received -€2,420
no longer reported in 2025 (was €2,420)
- Other debts -€1,037
down €1,037 (-6.6%), from €15,825 to €14,788
- Gross operating margin -€24,648
down €24,648 (-98.9%), from €24,914 to €266
- Taxes -€2,941
no longer reported in 2025 (was €2,941)
- Depreciation -€2,815
down €2,815 (-41.0%), from €6,874 to €4,059
- Financial income +€2,665
up €2,665 (+8,882,367%), from €0 to €2,665
of which Non-recurring financial income: +€2,617
- Financial charges +€1,274
up €1,274 (+878%), from €145 to €1,419
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €33,368 | €41,975 | +€8,607 | +25.8% |
| Fixed assets | 21/28 | €14,929 | €21,623 | +€6,694 | +44.8% |
| Tangible fixed assets | 22/27 | €14,929 | €21,623 | +€6,694 | +44.8% |
| Plant, machinery and equipment | 23 | €6,848 | €18,910 | +€12,062 | +176% |
| Furniture and vehicles | 24 | €8,080 | €2,713 | -€5,367 | -66.4% |
| Current assets | 29/58 | €18,439 | €20,352 | +€1,913 | +10.4% |
| Amounts receivable within one year | 40/41 | €7,892 | €1,931 | -€5,961 | -75.5% |
| Trade receivables | 40 | €6,884 | €931 | -€5,952 | -86.5% |
| Other amounts receivable | 41 | €1,009 | €1,000 | -€9 | -0.9% |
| Cash at bank and in hand | 54/58 | €9,495 | €16,496 | +€7,001 | +73.7% |
| Deferred charges and accrued income | 490/1 | €1,052 | €1,925 | +€873 | +82.9% |
| Total equity and liabilities | 10/49 | €33,368 | €41,975 | +€8,607 | +25.8% |
| Equity | 10/15 | €12,739 | €9,662 | -€3,078 | -24.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €7,739 | €7,739 | = | 0.0% |
| Distributable reserves | 133 | €7,739 | €7,739 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | -€3,078 | -€3,078 | |
| Amounts payable | 17/49 | €20,628 | €32,313 | +€11,685 | +56.6% |
| Amounts payable within one year | 42/48 | €20,628 | €32,313 | +€11,685 | +56.6% |
| Trade debts | 44 | €1,533 | €8,004 | +€6,471 | +422% |
| Suppliers | 440/4 | €1,533 | €8,004 | +€6,471 | +422% |
| Advances received on contracts in progress | 46 | €2,420 | - | -€2,420 | |
| Taxes, remuneration and social security | 45 | €851 | €9,521 | +€8,671 | +1,019% |
| Taxes | 450/3 | €851 | €8,614 | +€7,764 | +913% |
| Remuneration and social security | 454/9 | - | €907 | +€907 | |
| Other amounts payable | 47/48 | €15,825 | €14,788 | -€1,037 | -6.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,874 | €4,059 | -€2,815 | -41.0% |
| Other operating charges | 640/8 | €194 | €530 | +€336 | +173% |
| Gross operating margin | 9900 | €24,914 | €266 | -€24,648 | -98.9% |
| Operating profit (loss) | 9901 | €17,846 | -€4,323 | -€22,169 | |
| Financial income | 75/76B | €0 | €2,665 | +€2,665 | +8,882,367% |
| Recurring financial income | 75 | €0 | €48 | +€48 | +159,933% |
| Non-recurring financial income | 76B | - | €2,617 | +€2,617 | |
| Financial charges | 65/66B | €145 | €1,419 | +€1,274 | +878% |
| Recurring financial charges | 65 | €145 | €1,419 | +€1,274 | +878% |
| Profit (loss) for the period before taxes | 9903 | €17,700 | -€3,078 | -€20,778 | |
| Income taxes | 67/77 | €2,941 | - | -€2,941 | |
| Profit (loss) for the period | 9904 | €14,759 | -€3,078 | -€17,837 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,759 | -€3,078 | -€17,837 |
Next steps
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.