Van Kerrebroek & Vanacker: 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 Kerrebroek & Vanacker
Largest movements
- Current investments +€40,479
up €40,479 (+4.2%), from €972,673 to €1.0m
No liability line moved by more than 1% of the balance sheet total.
- Financial charges +€9,378
up €9,378 (+1,721%), from €545 to €9,923
of which Non-recurring financial charges: +€9,519
- Financial income -€5,926
down €5,926 (-14.4%), from €41,083 to €35,157
- Gross operating margin +€3,931
up €3,931 (+244%), from €1,614 to €5,545
- Purchases and services +€2,368
up €2,368 (+17.5%), from €13,563 to €15,931
- Other operating charges +€527
up €527 (+93.1%), from €566 to €1,093
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 | €2,173,864 | €2,190,799 | +€16,935 | +0.8% |
| Fixed assets | 21/28 | €366,574 | €353,914 | -€12,660 | -3.5% |
| Tangible fixed assets | 22/27 | €366,574 | €353,914 | -€12,660 | -3.5% |
| Land and buildings | 22 | €346,564 | €336,358 | -€10,206 | -2.9% |
| Plant, machinery and equipment | 23 | €20,010 | €17,556 | -€2,454 | -12.3% |
| Current assets | 29/58 | €1,807,290 | €1,836,885 | +€29,595 | +1.6% |
| Amounts receivable within one year | 40/41 | €5,729 | €5,936 | +€207 | +3.6% |
| Trade receivables | 40 | €5,729 | €5,936 | +€207 | +3.6% |
| Current investments | 50/53 | €972,673 | €1,013,152 | +€40,479 | +4.2% |
| Cash at bank and in hand | 54/58 | €828,888 | €817,797 | -€11,091 | -1.3% |
| Total equity and liabilities | 10/49 | €2,173,864 | €2,190,799 | +€16,935 | +0.8% |
| Equity | 10/15 | €2,173,773 | €2,190,799 | +€17,026 | +0.8% |
| Contributions | 10/11 | €20,625 | €20,625 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,153,148 | €2,170,174 | +€17,026 | +0.8% |
| Amounts payable | 17/49 | €91 | €0 | -€91 | -100% |
| Amounts payable within one year | 42/48 | €91 | €0 | -€91 | -100% |
| Trade debts | 44 | €91 | €0 | -€91 | -100% |
| Suppliers | 440/4 | €91 | €0 | -€91 | -100% |
| Goods, raw materials, services and sundry goods | 60/61 | €13,563 | €15,931 | +€2,368 | +17.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,481 | €12,660 | +€179 | +1.4% |
| Other operating charges | 640/8 | €566 | €1,093 | +€527 | +93.1% |
| Gross operating margin | 9900 | €1,614 | €5,545 | +€3,931 | +244% |
| Operating profit (loss) | 9901 | -€11,433 | -€8,208 | +€3,225 | +28.2% |
| Financial income | 75/76B | €41,083 | €35,157 | -€5,926 | -14.4% |
| Recurring financial income | 75 | €41,083 | €35,157 | -€5,926 | -14.4% |
| Financial charges | 65/66B | €545 | €9,923 | +€9,378 | +1,721% |
| Recurring financial charges | 65 | €545 | €404 | -€141 | -25.9% |
| Non-recurring financial charges | 66B | - | €9,519 | +€9,519 | |
| Profit (loss) for the period before taxes | 9903 | €29,105 | €17,026 | -€12,079 | -41.5% |
| Profit (loss) for the period | 9904 | €29,105 | €17,026 | -€12,079 | -41.5% |
| Profit (loss) for the period to be appropriated | 9905 | €29,105 | €17,026 | -€12,079 | -41.5% |
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 23 October 2026 via checked.be.