Joris Kritis: 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.
Joris Kritis
Largest movements
- Cash +€24,983
up €24,983 (+108%), from €23,172 to €48,155
mainly Net result for the year (+€8,416) and Other debts (+€7,601)
- Tangible fixed assets -€3,330
down €3,330 (-35.9%), from €9,271 to €5,942
of which Plant, machinery and equipment: -€2,531
- Receivables within one year -€2,707
down €2,707 (-100%), from €2,707 to €0
of which Trade receivables: -€2,129
- Deferred charges and accrued income -€1,188
down €1,188 (-75.2%), from €1,580 to €393
- Profit (loss) carried forward +€8,416
up €8,416 (+46.6%), from -€18,062 to -€9,646
- Other debts +€7,601
up €7,601 (+21.0%), from €36,161 to €43,762
- Tax, wage and social debts +€2,630
up €2,630 (+219%), from €1,200 to €3,830
- Trade debts -€888
down €888 (-76.4%), from €1,163 to €275
- Gross operating margin +€19,957
up €19,957, from -€7,931 to €12,026
- Depreciation +€231
up €231 (+7.0%), from €3,283 to €3,514
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 | €40,921 | €58,680 | +€17,759 | +43.4% |
| Fixed assets | 21/28 | €9,271 | €5,942 | -€3,330 | -35.9% |
| Tangible fixed assets | 22/27 | €9,271 | €5,942 | -€3,330 | -35.9% |
| Plant, machinery and equipment | 23 | €6,713 | €4,182 | -€2,531 | -37.7% |
| Furniture and vehicles | 24 | €1,372 | €737 | -€635 | -46.3% |
| Other tangible fixed assets | 26 | €1,187 | €1,023 | -€164 | -13.8% |
| Current assets | 29/58 | €31,650 | €52,738 | +€21,088 | +66.6% |
| Stocks and contracts in progress | 3 | €4,190 | €4,190 | = | 0.0% |
| Stocks | 30/36 | €4,190 | €4,190 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €2,707 | €0 | -€2,707 | -100% |
| Trade receivables | 40 | €2,129 | €0 | -€2,129 | -100% |
| Other amounts receivable | 41 | €578 | €0 | -€578 | -100% |
| Cash at bank and in hand | 54/58 | €23,172 | €48,155 | +€24,983 | +108% |
| Deferred charges and accrued income | 490/1 | €1,580 | €393 | -€1,188 | -75.2% |
| Total equity and liabilities | 10/49 | €40,921 | €58,680 | +€17,759 | +43.4% |
| Equity | 10/15 | €2,398 | €10,814 | +€8,416 | +351% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,062 | -€9,646 | +€8,416 | +46.6% |
| Amounts payable | 17/49 | €38,523 | €47,866 | +€9,343 | +24.3% |
| Amounts payable within one year | 42/48 | €38,523 | €47,866 | +€9,343 | +24.3% |
| Trade debts | 44 | €1,163 | €275 | -€888 | -76.4% |
| Suppliers | 440/4 | €1,163 | €275 | -€888 | -76.4% |
| Taxes, remuneration and social security | 45 | €1,200 | €3,830 | +€2,630 | +219% |
| Taxes | 450/3 | €1,200 | €3,830 | +€2,630 | +219% |
| Other amounts payable | 47/48 | €36,161 | €43,762 | +€7,601 | +21.0% |
| Non-recurring operating income | 76A | - | €4 | +€4 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,283 | €3,514 | +€231 | +7.0% |
| Gross operating margin | 9900 | -€7,931 | €12,026 | +€19,957 | |
| Operating profit (loss) | 9901 | -€11,213 | €8,513 | +€19,726 | |
| Financial income | 75/76B | €48 | €0 | -€48 | -100% |
| Recurring financial income | 75 | €48 | €0 | -€48 | -100% |
| Financial charges | 65/66B | €144 | €97 | -€47 | -32.9% |
| Recurring financial charges | 65 | €144 | €97 | -€47 | -32.9% |
| Profit (loss) for the period before taxes | 9903 | -€11,310 | €8,416 | +€19,726 | |
| Profit (loss) for the period | 9904 | -€11,310 | €8,416 | +€19,726 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,310 | €8,416 | +€19,726 |
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 28 October 2026 via checked.be.