DE KRUK: 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 KRUK
Largest movements
- Cash -€43,266
down €43,266 (-46.5%), from €93,113 to €49,847
mainly Contributions, distributions and other (-€90,398) and Investment in fixed assets (net) (-€18,896)
- Receivables within one year +€5,964
up €5,964 (+10.7%), from €55,900 to €61,864
of which Other amounts receivable: +€6,561
- Tangible fixed assets +€5,275
up €5,275 (+13.0%), from €40,443 to €45,719
of which Land and buildings: +€17,809
- Reserves -€39,373
down €39,373 (-23.1%), from €170,254 to €130,881
of which Distributable reserves: -€37,514
- Debts after one year +€8,279
up €8,279 (+383%), from €2,163 to €10,443
- Current portion of long-term debt -€3,745
down €3,745 (-43.6%), from €8,584 to €4,838
- Trade debts +€3,511
up €3,511 (+202%), from €1,735 to €5,246
- Gross operating margin -€24,001
down €24,001 (-20.9%), from €115,081 to €91,079
- Taxes -€9,064
down €9,064 (-27.4%), from €33,141 to €24,076
- Financial charges +€2,772
up €2,772 (+576%), from €481 to €3,253
- Depreciation +€2,205
up €2,205 (+19.3%), from €11,416 to €13,621
- Financial income +€1,690
up €1,690 (+68.0%), from €2,484 to €4,174
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 | €197,074 | €165,803 | -€31,271 | -15.9% |
| Fixed assets | 21/28 | €40,443 | €45,719 | +€5,275 | +13.0% |
| Tangible fixed assets | 22/27 | €40,443 | €45,719 | +€5,275 | +13.0% |
| Land and buildings | 22 | €12,395 | €30,204 | +€17,809 | +144% |
| Plant, machinery and equipment | 23 | €27,416 | €15,515 | -€11,901 | -43.4% |
| Furniture and vehicles | 24 | €632 | - | -€632 | |
| Current assets | 29/58 | €156,630 | €120,084 | -€36,546 | -23.3% |
| Stocks and contracts in progress | 3 | €6,707 | €7,228 | +€521 | +7.8% |
| Stocks | 30/36 | €6,707 | €7,228 | +€521 | +7.8% |
| Amounts receivable within one year | 40/41 | €55,900 | €61,864 | +€5,964 | +10.7% |
| Trade receivables | 40 | €6,348 | €5,751 | -€597 | -9.4% |
| Other amounts receivable | 41 | €49,551 | €56,112 | +€6,561 | +13.2% |
| Cash at bank and in hand | 54/58 | €93,113 | €49,847 | -€43,266 | -46.5% |
| Deferred charges and accrued income | 490/1 | €910 | €1,146 | +€235 | +25.9% |
| Total equity and liabilities | 10/49 | €197,074 | €165,803 | -€31,271 | -15.9% |
| Equity | 10/15 | €176,451 | €137,079 | -€39,373 | -22.3% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €170,254 | €130,881 | -€39,373 | -23.1% |
| Non-distributable reserves | 130/1 | €1,859 | - | -€1,859 | |
| Reserves not available under the articles | 1311 | €1,859 | - | -€1,859 | |
| Tax-exempt reserves | 132 | €1,705 | €1,705 | = | 0.0% |
| Distributable reserves | 133 | €166,690 | €129,176 | -€37,514 | -22.5% |
| Amounts payable | 17/49 | €20,622 | €28,724 | +€8,102 | +39.3% |
| Amounts payable after more than one year | 17 | €2,163 | €10,443 | +€8,279 | +383% |
| Financial debts | 170/4 | €2,163 | €10,443 | +€8,279 | +383% |
| Amounts payable within one year | 42/48 | €18,459 | €18,282 | -€177 | -1.0% |
| Current portion of amounts payable after more than one year | 42 | €8,584 | €4,838 | -€3,745 | -43.6% |
| Trade debts | 44 | €1,735 | €5,246 | +€3,511 | +202% |
| Suppliers | 440/4 | €1,735 | €5,246 | +€3,511 | +202% |
| Taxes, remuneration and social security | 45 | €8,141 | €8,198 | +€57 | +0.7% |
| Taxes | 450/3 | €8,141 | €8,198 | +€57 | +0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,416 | €13,621 | +€2,205 | +19.3% |
| Other operating charges | 640/8 | €2,708 | €3,277 | +€569 | +21.0% |
| Gross operating margin | 9900 | €115,081 | €91,079 | -€24,001 | -20.9% |
| Operating profit (loss) | 9901 | €100,957 | €74,181 | -€26,775 | -26.5% |
| Financial income | 75/76B | €2,484 | €4,174 | +€1,690 | +68.0% |
| Recurring financial income | 75 | €2,484 | €4,174 | +€1,690 | +68.0% |
| Financial charges | 65/66B | €481 | €3,253 | +€2,772 | +576% |
| Recurring financial charges | 65 | €481 | €3,253 | +€2,772 | +576% |
| Profit (loss) for the period before taxes | 9903 | €102,959 | €75,102 | -€27,857 | -27.1% |
| Income taxes | 67/77 | €33,141 | €24,076 | -€9,064 | -27.4% |
| Profit (loss) for the period | 9904 | €69,818 | €51,026 | -€18,793 | -26.9% |
| Profit (loss) for the period to be appropriated | 9905 | €69,818 | €51,026 | -€18,793 | -26.9% |
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 20 October 2026 via checked.be.