ADVOCAAT IGNACE KROOS: 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.
ADVOCAAT IGNACE KROOS
Largest movements
- Cash +€1.1m
up €1.1m (+210%), from €541,255 to €1.7m
mainly Net result for the year (+€1.3m) and Other debts (+€970,827)
- Receivables after one year +€299,117
up €299,117 (+880%), from €34,000 to €333,117
- Tangible fixed assets +€272,517
up €272,517 (+51.7%), from €526,968 to €799,485
of which Land and buildings: +€231,831
- Other debts +€970,827
up €970,827 (+1,471%), from €66,019 to €1.0m
- Reserves +€436,831
up €436,831 (+61.9%), from €705,483 to €1.1m
of which Tax-exempt reserves: +€610,450
- Debts after one year +€138,992
up €138,992 (+31.8%), from €436,503 to €575,495
- Tax, wage and social debts +€106,297
up €106,297 (+364%), from €29,233 to €135,531
of which Taxes: +€104,945
- Short-term financial debts +€72,063
up €72,063 (+876%), from €8,223 to €80,286
- Gross operating margin +€1.5m
up €1.5m (+404%), from €360,872 to €1.8m
- Taxes +€369,956
up €369,956 (+462%), from €80,150 to €450,106
- Financial income +€27,489
up €27,489 (+2,804%), from €980 to €28,470
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 | €1,329,083 | €3,065,137 | +€1.7m | +131% |
| Fixed assets | 21/28 | €699,968 | €969,485 | +€269,517 | +38.5% |
| Tangible fixed assets | 22/27 | €526,968 | €799,485 | +€272,517 | +51.7% |
| Land and buildings | 22 | €448,931 | €680,762 | +€231,831 | +51.6% |
| Plant, machinery and equipment | 23 | €1,033 | €0 | -€1,033 | -100% |
| Furniture and vehicles | 24 | €3,197 | €43,163 | +€39,966 | +1,250% |
| Other tangible fixed assets | 26 | €73,807 | €75,560 | +€1,753 | +2.4% |
| Financial fixed assets | 28 | €173,000 | €170,000 | -€3,000 | -1.7% |
| Current assets | 29/58 | €629,115 | €2,095,652 | +€1.5m | +233% |
| Amounts receivable after more than one year | 29 | €34,000 | €333,117 | +€299,117 | +880% |
| Other amounts receivable | 291 | €34,000 | €333,117 | +€299,117 | +880% |
| Amounts receivable within one year | 40/41 | €17,822 | €22,305 | +€4,483 | +25.2% |
| Trade receivables | 40 | €15,973 | €5,489 | -€10,484 | -65.6% |
| Other amounts receivable | 41 | €1,850 | €16,816 | +€14,967 | +809% |
| Current investments | 50/53 | €33,000 | €33,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €541,255 | €1,680,416 | +€1.1m | +210% |
| Deferred charges and accrued income | 490/1 | €3,038 | €26,814 | +€23,776 | +783% |
| Total equity and liabilities | 10/49 | €1,329,083 | €3,065,137 | +€1.7m | +131% |
| Equity | 10/15 | €724,083 | €1,160,914 | +€436,831 | +60.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €705,483 | €1,142,314 | +€436,831 | +61.9% |
| Tax-exempt reserves | 132 | - | €610,450 | +€610,450 | |
| Distributable reserves | 133 | €705,483 | €531,864 | -€173,619 | -24.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €7,367 | €7,367 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €7,367 | €7,367 | = | 0.0% |
| Other liabilities and charges | 164/5 | €7,367 | €7,367 | = | 0.0% |
| Amounts payable | 17/49 | €597,634 | €1,896,856 | +€1.3m | +217% |
| Amounts payable after more than one year | 17 | €436,503 | €575,495 | +€138,992 | +31.8% |
| Financial debts | 170/4 | €436,503 | €575,495 | +€138,992 | +31.8% |
| Amounts payable within one year | 42/48 | €161,131 | €1,321,361 | +€1.2m | +720% |
| Current portion of amounts payable after more than one year | 42 | €50,410 | €56,008 | +€5,598 | +11.1% |
| Financial debts | 43 | €8,223 | €80,286 | +€72,063 | +876% |
| Credit institutions | 430/8 | €8,223 | €80,286 | +€72,063 | +876% |
| Trade debts | 44 | €7,246 | €12,691 | +€5,445 | +75.1% |
| Suppliers | 440/4 | €7,246 | €12,691 | +€5,445 | +75.1% |
| Taxes, remuneration and social security | 45 | €29,233 | €135,531 | +€106,297 | +364% |
| Taxes | 450/3 | €27,255 | €132,199 | +€104,945 | +385% |
| Remuneration and social security | 454/9 | €1,978 | €3,331 | +€1,353 | +68.4% |
| Other amounts payable | 47/48 | €66,019 | €1,036,846 | +€970,827 | +1,471% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,156 | €28,254 | +€5,098 | +22.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €387 | +€387 | |
| Other operating charges | 640/8 | €2,472 | €2,975 | +€503 | +20.4% |
| Non-recurring operating charges | 66A | €0 | €28,123 | +€28,123 | |
| Gross operating margin | 9900 | €360,872 | €1,819,900 | +€1.5m | +404% |
| Operating profit (loss) | 9901 | €335,244 | €1,760,159 | +€1.4m | +425% |
| Financial income | 75/76B | €980 | €28,470 | +€27,489 | +2,804% |
| Recurring financial income | 75 | €980 | €28,470 | +€27,489 | +2,804% |
| Financial charges | 65/66B | €17,390 | €19,339 | +€1,949 | +11.2% |
| Recurring financial charges | 65 | €17,390 | €19,339 | +€1,949 | +11.2% |
| Profit (loss) for the period before taxes | 9903 | €318,834 | €1,769,290 | +€1.5m | +455% |
| Income taxes | 67/77 | €80,150 | €450,106 | +€369,956 | +462% |
| Profit (loss) for the period | 9904 | €238,684 | €1,319,184 | +€1.1m | +453% |
| Transfer to tax-exempt reserves | 689 | - | €610,450 | +€610,450 | |
| Profit (loss) for the period to be appropriated | 9905 | €238,684 | €708,734 | +€470,051 | +197% |
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 29 October 2026 via checked.be.