De Krokus: 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 Krokus
Largest movements
- Tangible fixed assets -€249,408
down €249,408 (-18.4%), from €1.4m to €1.1m
of which Land and buildings: -€247,723
- Receivables within one year -€107,415
down €107,415 (-34.7%), from €309,247 to €201,832
of which Trade receivables: -€118,783
- Receivables after one year -€31,824
down €31,824 (-48.8%), from €65,276 to €33,452
- Debts after one year -€238,357
down €238,357 (-17.6%), from €1.4m to €1.1m
of which Financial debts: -€468,344
- Other debts -€48,064
down €48,064 (-50.8%), from €94,676 to €46,611
- Tax, wage and social debts -€47,078
down €47,078 (-55.5%), from €84,866 to €37,788
- Current portion of long-term debt -€37,444
down €37,444 (-47.5%), from €78,818 to €41,374
- Gross operating margin -€180,155
down €180,155 (-52.1%), from €345,633 to €165,478
- Taxes -€47,110
down €47,110 (-70.0%), from €67,291 to €20,181
- Depreciation -€18,324
down €18,324 (-38.5%), from €47,585 to €29,261
- Financial charges +€15,203
up €15,203 (+31.7%), from €47,915 to €63,118
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,745,162 | €1,356,932 | -€388,230 | -22.2% |
| Fixed assets | 21/28 | €1,358,577 | €1,109,169 | -€249,408 | -18.4% |
| Tangible fixed assets | 22/27 | €1,358,577 | €1,109,169 | -€249,408 | -18.4% |
| Land and buildings | 22 | €1,355,252 | €1,107,529 | -€247,723 | -18.3% |
| Plant, machinery and equipment | 23 | €819 | €262 | -€557 | -68.0% |
| Furniture and vehicles | 24 | €2,507 | €1,378 | -€1,128 | -45.0% |
| Current assets | 29/58 | €386,584 | €247,762 | -€138,822 | -35.9% |
| Amounts receivable after more than one year | 29 | €65,276 | €33,452 | -€31,824 | -48.8% |
| Trade receivables | 290 | €65,276 | €33,452 | -€31,824 | -48.8% |
| Amounts receivable within one year | 40/41 | €309,247 | €201,832 | -€107,415 | -34.7% |
| Trade receivables | 40 | €278,972 | €160,190 | -€118,783 | -42.6% |
| Other amounts receivable | 41 | €30,275 | €41,643 | +€11,368 | +37.5% |
| Deferred charges and accrued income | 490/1 | €12,061 | €12,478 | +€417 | +3.5% |
| Total equity and liabilities | 10/49 | €1,745,162 | €1,356,932 | -€388,230 | -22.2% |
| Equity | 10/15 | €96,563 | €83,406 | -€13,157 | -13.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €76,103 | €62,946 | -€13,157 | -17.3% |
| Amounts payable | 17/49 | €1,648,599 | €1,273,525 | -€375,074 | -22.8% |
| Amounts payable after more than one year | 17 | €1,352,518 | €1,114,161 | -€238,357 | -17.6% |
| Financial debts | 170/4 | €1,192,761 | €724,416 | -€468,344 | -39.3% |
| Other amounts payable | 178/9 | €159,757 | €389,744 | +€229,987 | +144% |
| Amounts payable within one year | 42/48 | €295,695 | €158,982 | -€136,713 | -46.2% |
| Current portion of amounts payable after more than one year | 42 | €78,818 | €41,374 | -€37,444 | -47.5% |
| Financial debts | 43 | €34,176 | €29,249 | -€4,927 | -14.4% |
| Credit institutions | 430/8 | €34,176 | €29,249 | -€4,927 | -14.4% |
| Trade debts | 44 | €3,160 | €3,960 | +€800 | +25.3% |
| Suppliers | 440/4 | €3,160 | €3,960 | +€800 | +25.3% |
| Taxes, remuneration and social security | 45 | €84,866 | €37,788 | -€47,078 | -55.5% |
| Taxes | 450/3 | €84,866 | €37,788 | -€47,078 | -55.5% |
| Other amounts payable | 47/48 | €94,676 | €46,611 | -€48,064 | -50.8% |
| Accrued charges and deferred income | 492/3 | €386 | €383 | -€3 | -0.9% |
| Non-recurring operating income | 76A | €244,573 | - | -€244,573 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,585 | €29,261 | -€18,324 | -38.5% |
| Other operating charges | 640/8 | €1,761 | €2,968 | +€1,207 | +68.6% |
| Gross operating margin | 9900 | €345,633 | €165,478 | -€180,155 | -52.1% |
| Operating profit (loss) | 9901 | €296,287 | €133,248 | -€163,039 | -55.0% |
| Financial income | 75/76B | €5,564 | €4,090 | -€1,474 | -26.5% |
| Recurring financial income | 75 | €5,564 | €4,090 | -€1,474 | -26.5% |
| Financial charges | 65/66B | €47,915 | €63,118 | +€15,203 | +31.7% |
| Recurring financial charges | 65 | €47,915 | €63,118 | +€15,203 | +31.7% |
| Profit (loss) for the period before taxes | 9903 | €253,935 | €74,221 | -€179,715 | -70.8% |
| Income taxes | 67/77 | €67,291 | €20,181 | -€47,110 | -70.0% |
| Profit (loss) for the period | 9904 | €186,644 | €54,039 | -€132,605 | -71.0% |
| Profit (loss) for the period to be appropriated | 9905 | €186,644 | €54,039 | -€132,605 | -71.0% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.