CHRIS KRANTJE: 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.
CHRIS KRANTJE
Largest movements
- Cash +€37,180
up €37,180 (+309%), from €12,032 to €49,211
mainly Depreciation (+€16,631) and Net result for the year (+€14,458)
- Tangible fixed assets -€16,631
down €16,631 (-8.7%), from €190,382 to €173,751
of which Land and buildings: -€15,715
- Receivables within one year -€10,011
down €10,011 (-9.5%), from €105,589 to €95,578
of which Other amounts receivable: -€9,658
- Deferred charges and accrued income -€5,634
down €5,634 (-95.1%), from €5,924 to €290
- Profit (loss) carried forward +€14,458
new in 2025: €14,458
- Short-term financial debts -€11,148
no longer reported in 2025 (was €11,148)
- Advances received +€6,115
new in 2025: €6,115
- Staff costs -€17,013
down €17,013 (-26.4%), from €64,413 to €47,400
- Taxes +€4,113
up €4,113 (+1,687%), from €244 to €4,357
- Other operating charges -€4,112
down €4,112 (-92.1%), from €4,465 to €353
- Financial income +€2,948
up €2,948 (+508%), from €580 to €3,529
- Gross operating margin +€2,184
up €2,184 (+2.6%), from €85,326 to €87,509
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 | €380,273 | €387,433 | +€7,160 | +1.9% |
| Fixed assets | 21/28 | €190,632 | €174,001 | -€16,631 | -8.7% |
| Tangible fixed assets | 22/27 | €190,382 | €173,751 | -€16,631 | -8.7% |
| Land and buildings | 22 | €187,505 | €171,790 | -€15,715 | -8.4% |
| Plant, machinery and equipment | 23 | €1,534 | €995 | -€538 | -35.1% |
| Furniture and vehicles | 24 | €1,343 | €965 | -€378 | -28.1% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €189,641 | €213,431 | +€23,791 | +12.5% |
| Stocks and contracts in progress | 3 | €66,096 | €68,352 | +€2,256 | +3.4% |
| Stocks | 30/36 | €66,096 | €68,352 | +€2,256 | +3.4% |
| Amounts receivable within one year | 40/41 | €105,589 | €95,578 | -€10,011 | -9.5% |
| Trade receivables | 40 | €821 | €468 | -€352 | -42.9% |
| Other amounts receivable | 41 | €104,768 | €95,110 | -€9,658 | -9.2% |
| Cash at bank and in hand | 54/58 | €12,032 | €49,211 | +€37,180 | +309% |
| Deferred charges and accrued income | 490/1 | €5,924 | €290 | -€5,634 | -95.1% |
| Total equity and liabilities | 10/49 | €380,273 | €387,433 | +€7,160 | +1.9% |
| Equity | 10/15 | €346,460 | €360,918 | +€14,458 | +4.2% |
| Contributions | 10/11 | €268,600 | €268,600 | = | 0.0% |
| Reserves | 13 | €77,860 | €77,860 | = | 0.0% |
| Distributable reserves | 133 | €77,860 | €77,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €14,458 | +€14,458 | |
| Amounts payable | 17/49 | €33,812 | €26,514 | -€7,298 | -21.6% |
| Amounts payable within one year | 42/48 | €33,806 | €26,514 | -€7,291 | -21.6% |
| Financial debts | 43 | €11,148 | - | -€11,148 | |
| Credit institutions | 430/8 | €11,148 | - | -€11,148 | |
| Trade debts | 44 | €6,081 | €6,389 | +€308 | +5.1% |
| Suppliers | 440/4 | €6,081 | €6,389 | +€308 | +5.1% |
| Advances received on contracts in progress | 46 | - | €6,115 | +€6,115 | |
| Taxes, remuneration and social security | 45 | €16,576 | €13,011 | -€3,566 | -21.5% |
| Taxes | 450/3 | €2,509 | €6,319 | +€3,811 | +152% |
| Remuneration and social security | 454/9 | €14,068 | €6,691 | -€7,376 | -52.4% |
| Other amounts payable | 47/48 | - | €1,000 | +€1,000 | |
| Accrued charges and deferred income | 492/3 | €7 | - | -€7 | |
| Non-recurring operating income | 76A | €12,397 | €245 | -€12,152 | -98.0% |
| Remuneration, social security and pensions | 62 | €64,413 | €47,400 | -€17,013 | -26.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,769 | €16,631 | -€138 | -0.8% |
| Other operating charges | 640/8 | €4,465 | €353 | -€4,112 | -92.1% |
| Gross operating margin | 9900 | €85,326 | €87,509 | +€2,184 | +2.6% |
| Operating profit (loss) | 9901 | -€321 | €23,126 | +€23,447 | |
| Financial income | 75/76B | €580 | €3,529 | +€2,948 | +508% |
| Recurring financial income | 75 | €580 | €3,529 | +€2,948 | +508% |
| Financial charges | 65/66B | €6,532 | €7,839 | +€1,307 | +20.0% |
| Recurring financial charges | 65 | €6,532 | €7,839 | +€1,307 | +20.0% |
| Profit (loss) for the period before taxes | 9903 | -€6,273 | €18,815 | +€25,088 | |
| Income taxes | 67/77 | €244 | €4,357 | +€4,113 | +1,687% |
| Profit (loss) for the period | 9904 | -€6,517 | €14,458 | +€20,975 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,517 | €14,458 | +€20,975 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.