Van Kreij Projects: 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 Kreij Projects
Largest movements
- Stocks and contracts +€74,974
up €74,974 (+13.1%), from €571,475 to €646,449
- Receivables within one year +€21,165
up €21,165 (+63.2%), from €33,500 to €54,665
of which Trade receivables: +€19,360
- Tangible fixed assets -€11,066
down €11,066 (-3.9%), from €284,577 to €273,511
- Trade debts +€52,800
up €52,800 (+1,876%), from €2,814 to €55,614
- Reserves +€28,502
up €28,502 (+36.9%), from €77,248 to €105,750
- Other debts +€11,379
up €11,379 (+43.1%), from €26,412 to €37,791
- Debts after one year -€11,074
down €11,074 (-2.0%), from €560,698 to €549,623
- Gross operating margin +€53,685
up €53,685 (+461%), from €11,646 to €65,331
- Financial charges -€3,401
down €3,401 (-12.4%), from €27,427 to €24,026
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 | €958,539 | €1,044,874 | +€86,335 | +9.0% |
| Fixed assets | 21/28 | €284,577 | €273,511 | -€11,066 | -3.9% |
| Tangible fixed assets | 22/27 | €284,577 | €273,511 | -€11,066 | -3.9% |
| Land and buildings | 22 | €284,577 | €273,511 | -€11,066 | -3.9% |
| Current assets | 29/58 | €673,962 | €771,363 | +€97,400 | +14.5% |
| Amounts receivable after more than one year | 29 | €65,000 | €65,000 | = | 0.0% |
| Other amounts receivable | 291 | €65,000 | €65,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €571,475 | €646,449 | +€74,974 | +13.1% |
| Stocks | 30/36 | €571,475 | €646,449 | +€74,974 | +13.1% |
| Amounts receivable within one year | 40/41 | €33,500 | €54,665 | +€21,165 | +63.2% |
| Trade receivables | 40 | €0 | €19,360 | +€19,360 | |
| Other amounts receivable | 41 | €33,500 | €35,305 | +€1,805 | +5.4% |
| Cash at bank and in hand | 54/58 | €3,988 | €5,249 | +€1,261 | +31.6% |
| Total equity and liabilities | 10/49 | €958,539 | €1,044,874 | +€86,335 | +9.0% |
| Equity | 10/15 | €97,248 | €125,750 | +€28,502 | +29.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €77,248 | €105,750 | +€28,502 | +36.9% |
| Distributable reserves | 133 | €77,248 | €105,750 | +€28,502 | +36.9% |
| Amounts payable | 17/49 | €861,291 | €919,124 | +€57,833 | +6.7% |
| Amounts payable after more than one year | 17 | €560,698 | €549,623 | -€11,074 | -2.0% |
| Financial debts | 170/4 | €560,698 | €549,623 | -€11,074 | -2.0% |
| Amounts payable within one year | 42/48 | €300,593 | €368,762 | +€68,169 | +22.7% |
| Current portion of amounts payable after more than one year | 42 | €11,367 | €11,972 | +€604 | +5.3% |
| Financial debts | 43 | €260,000 | €260,000 | = | 0.0% |
| Credit institutions | 430/8 | €260,000 | €260,000 | = | 0.0% |
| Trade debts | 44 | €2,814 | €55,614 | +€52,800 | +1,876% |
| Suppliers | 440/4 | €2,814 | €55,614 | +€52,800 | +1,876% |
| Taxes, remuneration and social security | 45 | - | €3,386 | +€3,386 | |
| Taxes | 450/3 | - | €3,386 | +€3,386 | |
| Other amounts payable | 47/48 | €26,412 | €37,791 | +€11,379 | +43.1% |
| Accrued charges and deferred income | 492/3 | - | €738 | +€738 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,066 | €11,066 | = | 0.0% |
| Other operating charges | 640/8 | €2,214 | €1,737 | -€477 | -21.5% |
| Gross operating margin | 9900 | €11,646 | €65,331 | +€53,685 | +461% |
| Operating profit (loss) | 9901 | -€1,634 | €52,528 | +€54,162 | |
| Financial income | 75/76B | €23 | €0 | -€23 | -100% |
| Recurring financial income | 75 | €23 | €0 | -€23 | -100% |
| Financial charges | 65/66B | €27,427 | €24,026 | -€3,401 | -12.4% |
| Recurring financial charges | 65 | €27,427 | €24,026 | -€3,401 | -12.4% |
| Profit (loss) for the period before taxes | 9903 | -€29,038 | €28,502 | +€57,540 | |
| Profit (loss) for the period | 9904 | -€29,038 | €28,502 | +€57,540 | |
| Profit (loss) for the period to be appropriated | 9905 | -€29,038 | €28,502 | +€57,540 |
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 17 October 2026 via checked.be.