dE KROES: 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 KROES
Largest movements
- Stocks and contracts -€21,627
down €21,627 (-9.6%), from €224,832 to €203,205
- Cash +€7,606
up €7,606 (+10.1%), from €75,410 to €83,017
mainly Stocks and contracts (+€21,627) and Depreciation (+€5,801)
- Tangible fixed assets -€4,280
down €4,280 (-20.8%), from €20,609 to €16,330
of which Land and buildings: -€5,793
- Trade debts -€21,277
down €21,277 (-61.2%), from €34,762 to €13,485
- Reserves +€9,217
up €9,217 (+5.1%), from €181,171 to €190,388
- Profit (loss) carried forward -€7,575
down €7,575 (-100%), from €7,575 to €0
- Other debts +€3,290
up €3,290 (+4.9%), from €67,651 to €70,941
- Gross operating margin +€3,100
up €3,100 (+4.1%), from €75,476 to €78,577
- Taxes +€1,643
up €1,643 (+255%), from €645 to €2,288
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 | €324,737 | €308,534 | -€16,204 | -5.0% |
| Fixed assets | 21/28 | €20,609 | €16,330 | -€4,280 | -20.8% |
| Tangible fixed assets | 22/27 | €20,609 | €16,330 | -€4,280 | -20.8% |
| Land and buildings | 22 | €20,609 | €14,816 | -€5,793 | -28.1% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | - | €1,513 | +€1,513 | |
| Current assets | 29/58 | €304,128 | €292,204 | -€11,924 | -3.9% |
| Stocks and contracts in progress | 3 | €224,832 | €203,205 | -€21,627 | -9.6% |
| Stocks | 30/36 | €224,832 | €203,205 | -€21,627 | -9.6% |
| Amounts receivable within one year | 40/41 | €727 | €2,249 | +€1,522 | +209% |
| Trade receivables | 40 | - | €543 | +€543 | |
| Other amounts receivable | 41 | €727 | €1,706 | +€979 | +135% |
| Cash at bank and in hand | 54/58 | €75,410 | €83,017 | +€7,606 | +10.1% |
| Deferred charges and accrued income | 490/1 | €3,159 | €3,734 | +€575 | +18.2% |
| Total equity and liabilities | 10/49 | €324,737 | €308,534 | -€16,204 | -5.0% |
| Equity | 10/15 | €207,346 | €208,988 | +€1,642 | +0.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €181,171 | €190,388 | +€9,217 | +5.1% |
| Distributable reserves | 133 | €181,171 | €190,388 | +€9,217 | +5.1% |
| Profit (loss) carried forward | 14 | €7,575 | €0 | -€7,575 | -100% |
| Amounts payable | 17/49 | €117,391 | €99,545 | -€17,846 | -15.2% |
| Amounts payable within one year | 42/48 | €117,391 | €99,545 | -€17,846 | -15.2% |
| Trade debts | 44 | €34,762 | €13,485 | -€21,277 | -61.2% |
| Suppliers | 440/4 | €34,762 | €13,485 | -€21,277 | -61.2% |
| Taxes, remuneration and social security | 45 | €14,978 | €15,119 | +€141 | +0.9% |
| Taxes | 450/3 | €627 | €11,162 | +€10,536 | +1,681% |
| Remuneration and social security | 454/9 | €14,351 | €3,956 | -€10,395 | -72.4% |
| Other amounts payable | 47/48 | €67,651 | €70,941 | +€3,290 | +4.9% |
| Remuneration, social security and pensions | 62 | €66,244 | €65,499 | -€745 | -1.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,096 | €5,801 | +€705 | +13.8% |
| Other operating charges | 640/8 | €2,389 | €1,991 | -€397 | -16.6% |
| Gross operating margin | 9900 | €75,476 | €78,577 | +€3,100 | +4.1% |
| Operating profit (loss) | 9901 | €1,748 | €5,285 | +€3,538 | +202% |
| Financial income | 75/76B | €266 | €388 | +€122 | +45.7% |
| Recurring financial income | 75 | €266 | €388 | +€122 | +45.7% |
| Financial charges | 65/66B | €1,622 | €1,743 | +€121 | +7.5% |
| Recurring financial charges | 65 | €1,622 | €1,743 | +€121 | +7.5% |
| Profit (loss) for the period before taxes | 9903 | €392 | €3,930 | +€3,538 | +903% |
| Income taxes | 67/77 | €645 | €2,288 | +€1,643 | +255% |
| Profit (loss) for the period | 9904 | -€253 | €1,642 | +€1,895 | |
| Profit (loss) for the period to be appropriated | 9905 | -€253 | €1,642 | +€1,895 |
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 26 October 2026 via checked.be.