DE KRING: 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.
DE KRING
Largest movements
- Cash +€7,260
up €7,260 (+174.0%), from €4,172 to €11,432
mainly Net result for the year (+€29,131) and Depreciation (+€7,971)
- Stocks and contracts +€4,671
new in 2025: €4,671
- Receivables within one year +€753
up €753 (+25.8%), from €2,912 to €3,665
of which Trade receivables: +€2,224
- Deferred charges and accrued income -€576
no longer reported in 2025 (was €576)
- Profit (loss) carried forward +€29,037
no longer reported in 2025 (was -€29,037)
- Other debts -€13,927
down €13,927 (-42.4%), from €32,826 to €18,899
- Trade debts +€7,595
up €7,595 (+134.4%), from €5,651 to €13,246
- Tax, wage and social debts -€4,698
down €4,698 (-74.3%), from €6,320 to €1,622
of which Taxes: -€4,851
- Debts after one year -€3,713
down €3,713 (-29.2%), from €12,731 to €9,018
- Gross operating margin +€69,090
up €69,090, from -€11,085 to €58,005
- Staff costs +€6,247
up €6,247 (+53.2%), from €11,738 to €17,985
- Depreciation +€3,963
up €3,963 (+98.9%), from €4,007 to €7,971
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.
Cash bridge derived
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 | €39,367 | €51,592 | +€12,226 | +31.1% |
| Fixed assets | 21/28 | €31,706 | €31,825 | +€118 | +0.4% |
| Tangible fixed assets | 22/27 | €31,706 | €31,825 | +€118 | +0.4% |
| Plant, machinery and equipment | 23 | €4,260 | €8,612 | +€4,352 | +102.2% |
| Furniture and vehicles | 24 | €16,032 | €12,245 | -€3,788 | -23.6% |
| Other tangible fixed assets | 26 | €11,414 | €10,968 | -€446 | -3.9% |
| Current assets | 29/58 | €7,660 | €19,768 | +€12,108 | +158.1% |
| Stocks and contracts in progress | 3 | - | €4,671 | +€4,671 | |
| Stocks | 30/36 | - | €4,671 | +€4,671 | |
| Amounts receivable within one year | 40/41 | €2,912 | €3,665 | +€753 | +25.8% |
| Trade receivables | 40 | €1,387 | €3,611 | +€2,224 | +160.3% |
| Other amounts receivable | 41 | €1,525 | €53 | -€1,471 | -96.5% |
| Cash at bank and in hand | 54/58 | €4,172 | €11,432 | +€7,260 | +174.0% |
| Deferred charges and accrued income | 490/1 | €576 | - | -€576 | |
| Total equity and liabilities | 10/49 | €39,367 | €51,592 | +€12,226 | +31.1% |
| Equity | 10/15 | -€24,037 | €5,094 | +€29,131 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | - | €94 | +€94 | |
| Distributable reserves | 133 | - | €94 | +€94 | |
| Profit (loss) carried forward | 14 | -€29,037 | - | +€29,037 | |
| Amounts payable | 17/49 | €63,403 | €46,498 | -€16,905 | -26.7% |
| Amounts payable after more than one year | 17 | €12,731 | €9,018 | -€3,713 | -29.2% |
| Financial debts | 170/4 | €12,731 | €9,018 | -€3,713 | -29.2% |
| Amounts payable within one year | 42/48 | €49,832 | €37,480 | -€12,352 | -24.8% |
| Current portion of amounts payable after more than one year | 42 | €3,544 | €3,713 | +€170 | +4.8% |
| Trade debts | 44 | €5,651 | €13,246 | +€7,595 | +134.4% |
| Suppliers | 440/4 | €5,651 | €13,246 | +€7,595 | +134.4% |
| Advances received on contracts in progress | 46 | €1,490 | - | -€1,490 | |
| Taxes, remuneration and social security | 45 | €6,320 | €1,622 | -€4,698 | -74.3% |
| Taxes | 450/3 | €4,950 | €99 | -€4,851 | -98.0% |
| Remuneration and social security | 454/9 | €1,371 | €1,523 | +€152 | +11.1% |
| Other amounts payable | 47/48 | €32,826 | €18,899 | -€13,927 | -42.4% |
| Accrued charges and deferred income | 492/3 | €840 | - | -€840 | |
| Remuneration, social security and pensions | 62 | €11,738 | €17,985 | +€6,247 | +53.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,007 | €7,971 | +€3,963 | +98.9% |
| Other operating charges | 640/8 | €336 | €338 | +€1 | +0.4% |
| Gross operating margin | 9900 | -€11,085 | €58,005 | +€69,090 | |
| Operating profit (loss) | 9901 | -€27,167 | €31,712 | +€58,879 | |
| Financial income | 75/76B | €266 | - | -€266 | |
| Recurring financial income | 75 | €266 | - | -€266 | |
| Financial charges | 65/66B | €2,136 | €2,581 | +€445 | +20.8% |
| Recurring financial charges | 65 | €2,136 | €2,581 | +€445 | +20.8% |
| Profit (loss) for the period before taxes | 9903 | -€29,037 | €29,131 | +€58,168 | |
| Profit (loss) for the period | 9904 | -€29,037 | €29,131 | +€58,168 | |
| Profit (loss) for the period to be appropriated | 9905 | -€29,037 | €29,131 | +€58,168 |
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 11 October 2026 via checked.be.