BAELE KRIS: 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.
BAELE KRIS
Largest movements
- Cash +€177,948
up €177,948 (+252%), from €70,550 to €248,498
mainly Net result for the year (+€271,229) and Other debts (+€254,500)
- Stocks and contracts +€37,870
up €37,870 (+4.1%), from €912,723 to €950,593
- Other debts +€254,500
up €254,500 (+364%), from €69,962 to €324,462
- Reserves -€51,500
down €51,500 (-8.4%), from €611,900 to €560,400
- Gross operating margin +€146,822
up €146,822 (+55.7%), from €263,662 to €410,485
- Taxes +€46,571
up €46,571 (+62.7%), from €74,250 to €120,821
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 | €1,002,267 | €1,218,041 | +€215,774 | +21.5% |
| Fixed assets | 21/28 | €9,492 | €6,589 | -€2,903 | -30.6% |
| Tangible fixed assets | 22/27 | €9,492 | €6,589 | -€2,903 | -30.6% |
| Plant, machinery and equipment | 23 | €1,073 | €1,732 | +€659 | +61.4% |
| Other tangible fixed assets | 26 | €8,419 | €4,857 | -€3,562 | -42.3% |
| Current assets | 29/58 | €992,775 | €1,211,452 | +€218,677 | +22.0% |
| Stocks and contracts in progress | 3 | €912,723 | €950,593 | +€37,870 | +4.1% |
| Stocks | 30/36 | €912,723 | €950,593 | +€37,870 | +4.1% |
| Amounts receivable within one year | 40/41 | €5,766 | - | -€5,766 | |
| Other amounts receivable | 41 | €5,766 | - | -€5,766 | |
| Cash at bank and in hand | 54/58 | €70,550 | €248,498 | +€177,948 | +252% |
| Deferred charges and accrued income | 490/1 | €3,735 | €12,360 | +€8,625 | +231% |
| Total equity and liabilities | 10/49 | €1,002,267 | €1,218,041 | +€215,774 | +21.5% |
| Equity | 10/15 | €611,921 | €560,450 | -€51,471 | -8.4% |
| Reserves | 13 | €611,900 | €560,400 | -€51,500 | -8.4% |
| Distributable reserves | 133 | €611,900 | €560,400 | -€51,500 | -8.4% |
| Profit (loss) carried forward | 14 | €21 | €50 | +€29 | +134% |
| Amounts payable | 17/49 | €390,345 | €657,590 | +€267,245 | +68.5% |
| Amounts payable after more than one year | 17 | €300,000 | €300,000 | = | 0.0% |
| Financial debts | 170/4 | €300,000 | €300,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €84,945 | €353,590 | +€268,645 | +316% |
| Trade debts | 44 | €928 | €5,613 | +€4,685 | +505% |
| Suppliers | 440/4 | €928 | €5,613 | +€4,685 | +505% |
| Taxes, remuneration and social security | 45 | €14,055 | €23,515 | +€9,461 | +67.3% |
| Taxes | 450/3 | €14,055 | €23,515 | +€9,461 | +67.3% |
| Other amounts payable | 47/48 | €69,962 | €324,462 | +€254,500 | +364% |
| Accrued charges and deferred income | 492/3 | €5,400 | €4,000 | -€1,400 | -25.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,491 | €4,403 | -€88 | -2.0% |
| Other operating charges | 640/8 | €2,065 | €2,103 | +€39 | +1.9% |
| Gross operating margin | 9900 | €263,662 | €410,485 | +€146,822 | +55.7% |
| Operating profit (loss) | 9901 | €257,107 | €403,979 | +€146,872 | +57.1% |
| Financial income | 75/76B | €213 | €229 | +€15 | +7.2% |
| Recurring financial income | 75 | €213 | €229 | +€15 | +7.2% |
| Financial charges | 65/66B | €12,225 | €12,158 | -€68 | -0.6% |
| Recurring financial charges | 65 | €12,225 | €12,158 | -€68 | -0.6% |
| Profit (loss) for the period before taxes | 9903 | €245,095 | €392,050 | +€146,955 | +60.0% |
| Income taxes | 67/77 | €74,250 | €120,821 | +€46,571 | +62.7% |
| Profit (loss) for the period | 9904 | €170,845 | €271,229 | +€100,384 | +58.8% |
| Profit (loss) for the period to be appropriated | 9905 | €170,845 | €271,229 | +€100,384 | +58.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.