VAN LOKE KELLY: what changed
VAN LOKE KELLY
Largest movements
- Cash -€72,848
down €72,848 (-29.4%), from €247,578 to €174,730
mainly Contributions, distributions and other (-€61,277) and Other debts (-€30,456)
- Deferred charges and accrued income +€5,019
up €5,019 (+29.1%), from €17,269 to €22,289
- Receivables within one year -€2,765
down €2,765 (-79.3%), from €3,488 to €723
of which Trade receivables: -€1,488
- Other debts -€30,456
down €30,456 (-25.0%), from €121,680 to €91,225
- Profit (loss) carried forward -€22,559
down €22,559 (-62.2%), from €36,277 to €13,719
- Tax, wage and social debts -€15,917
down €15,917 (-83.8%), from €18,995 to €3,079
- Gross operating margin +€3,707
up €3,707 (+7.5%), from €49,322 to €53,029
- Depreciation +€1,014
up €1,014 (+74.1%), from €1,367 to €2,381
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 | €274,625 | €204,377 | -€70,248 | -25.6% |
| Fixed assets | 21/28 | €5,950 | €6,136 | +€186 | +3.1% |
| Tangible fixed assets | 22/27 | €5,950 | €6,136 | +€186 | +3.1% |
| Plant, machinery and equipment | 23 | €556 | €2,108 | +€1,553 | +279% |
| Furniture and vehicles | 24 | €5,394 | €4,028 | -€1,367 | -25.3% |
| Current assets | 29/58 | €268,675 | €198,242 | -€70,434 | -26.2% |
| Stocks and contracts in progress | 3 | €340 | €500 | +€160 | +47.1% |
| Stocks | 30/36 | €340 | €500 | +€160 | +47.1% |
| Amounts receivable within one year | 40/41 | €3,488 | €723 | -€2,765 | -79.3% |
| Trade receivables | 40 | €1,488 | - | -€1,488 | |
| Other amounts receivable | 41 | €2,000 | €723 | -€1,277 | -63.9% |
| Cash at bank and in hand | 54/58 | €247,578 | €174,730 | -€72,848 | -29.4% |
| Deferred charges and accrued income | 490/1 | €17,269 | €22,289 | +€5,019 | +29.1% |
| Total equity and liabilities | 10/49 | €274,625 | €204,377 | -€70,248 | -25.6% |
| Equity | 10/15 | €132,477 | €109,919 | -€22,559 | -17.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €93,200 | €93,200 | = | 0.0% |
| Distributable reserves | 133 | €93,200 | €93,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €36,277 | €13,719 | -€22,559 | -62.2% |
| Amounts payable | 17/49 | €142,148 | €94,458 | -€47,689 | -33.5% |
| Amounts payable within one year | 42/48 | €142,148 | €94,458 | -€47,689 | -33.5% |
| Trade debts | 44 | €1,472 | €155 | -€1,317 | -89.4% |
| Suppliers | 440/4 | €1,472 | €155 | -€1,317 | -89.4% |
| Taxes, remuneration and social security | 45 | €18,995 | €3,079 | -€15,917 | -83.8% |
| Taxes | 450/3 | €18,995 | €3,079 | -€15,917 | -83.8% |
| Other amounts payable | 47/48 | €121,680 | €91,225 | -€30,456 | -25.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,367 | €2,381 | +€1,014 | +74.1% |
| Other operating charges | 640/8 | €592 | €610 | +€18 | +3.0% |
| Gross operating margin | 9900 | €49,322 | €53,029 | +€3,707 | +7.5% |
| Operating profit (loss) | 9901 | €47,363 | €50,039 | +€2,675 | +5.6% |
| Financial charges | 65/66B | €74 | €72 | -€2 | -2.1% |
| Recurring financial charges | 65 | €74 | €72 | -€2 | -2.1% |
| Profit (loss) for the period before taxes | 9903 | €47,290 | €49,966 | +€2,677 | +5.7% |
| Income taxes | 67/77 | €11,012 | €11,248 | +€235 | +2.1% |
| Profit (loss) for the period | 9904 | €36,277 | €38,719 | +€2,441 | +6.7% |
| Profit (loss) for the period to be appropriated | 9905 | €36,277 | €38,719 | +€2,441 | +6.7% |
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 2 November 2026 via checked.be.