Donald Krols: what changed
Donald Krols
Largest movements
- Current investments +€55,828
up €55,828 (+160%), from €35,000 to €90,828
- Receivables within one year +€15,701
new in 2025: €15,701
- Cash -€9,302
down €9,302 (-12.3%), from €75,904 to €66,603
mainly Current investments (-€55,828) and Receivables within one year (-€15,701)
- Tangible fixed assets -€4,760
down €4,760 (-63.8%), from €7,460 to €2,701
- Reserves +€65,035
up €65,035 (+65.0%), from €100,119 to €165,155
- Tax, wage and social debts -€10,851
down €10,851 (-59.8%), from €18,145 to €7,295
- Trade debts +€3,953
new in 2025: €3,953
- Gross operating margin +€24,105
up €24,105 (+33.8%), from €71,335 to €95,441
- Taxes +€6,778
up €6,778 (+37.4%), from €18,145 to €24,923
- Depreciation +€2,700
up €2,700 (+131%), from €2,060 to €4,761
- Financial income +€1,015
new in 2025: €1,015
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €118,365 | €176,502 | +€58,137 | +49.1% |
| Fixed assets | 21/28 | €7,460 | €2,701 | -€4,760 | -63.8% |
| Tangible fixed assets | 22/27 | €7,460 | €2,701 | -€4,760 | -63.8% |
| Furniture and vehicles | 24 | €7,460 | €2,701 | -€4,760 | -63.8% |
| Current assets | 29/58 | €110,904 | €173,801 | +€62,897 | +56.7% |
| Amounts receivable within one year | 40/41 | - | €15,701 | +€15,701 | |
| Other amounts receivable | 41 | - | €15,701 | +€15,701 | |
| Current investments | 50/53 | €35,000 | €90,828 | +€55,828 | +160% |
| Cash at bank and in hand | 54/58 | €75,904 | €66,603 | -€9,302 | -12.3% |
| Deferred charges and accrued income | 490/1 | - | €669 | +€669 | |
| Total equity and liabilities | 10/49 | €118,365 | €176,502 | +€58,137 | +49.1% |
| Equity | 10/15 | €100,219 | €165,255 | +€65,035 | +64.9% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €100,119 | €165,155 | +€65,035 | +65.0% |
| Distributable reserves | 133 | €100,119 | €165,155 | +€65,035 | +65.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €18,145 | €11,247 | -€6,898 | -38.0% |
| Amounts payable within one year | 42/48 | €18,145 | €11,247 | -€6,898 | -38.0% |
| Trade debts | 44 | - | €3,953 | +€3,953 | |
| Suppliers | 440/4 | - | €3,953 | +€3,953 | |
| Taxes, remuneration and social security | 45 | €18,145 | €7,295 | -€10,851 | -59.8% |
| Taxes | 450/3 | €18,145 | €7,295 | -€10,851 | -59.8% |
| Other amounts payable | 47/48 | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,060 | €4,761 | +€2,700 | +131% |
| Other operating charges | 640/8 | €625 | €650 | +€25 | +4.0% |
| Gross operating margin | 9900 | €71,335 | €95,441 | +€24,105 | +33.8% |
| Operating profit (loss) | 9901 | €68,650 | €90,030 | +€21,380 | +31.1% |
| Financial income | 75/76B | - | €1,015 | +€1,015 | |
| Recurring financial income | 75 | - | €1,015 | +€1,015 | |
| Financial charges | 65/66B | - | €228 | +€228 | |
| Recurring financial charges | 65 | - | €228 | +€228 | |
| Profit (loss) for the period before taxes | 9903 | €68,650 | €90,817 | +€22,168 | +32.3% |
| Income taxes | 67/77 | €18,145 | €24,923 | +€6,778 | +37.4% |
| Profit (loss) for the period | 9904 | €50,504 | €65,894 | +€15,390 | +30.5% |
| Profit (loss) for the period to be appropriated | 9905 | €50,504 | €65,894 | +€15,390 | +30.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.