KERNELCRAFT: what changed
Two fiscal 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.
KERNELCRAFT
Largest movements
- Cash +€679
up €679 (+1.9%), from €35,625 to €36,304
mainly Net result for the year (+€6,719) and Other debts (+€1,181)
- Receivables within one year +€635
up €635 (+72.4%), from €877 to €1,513
of which Trade receivables: +€1,513
- Reserves +€6,719
up €6,719 (+26.1%), from €25,740 to €32,459
- Tax, wage and social debts -€6,279
down €6,279 (-63.1%), from €9,956 to €3,677
- Other debts +€1,181
new in 2025: €1,181
- Gross operating margin -€25,474
down €25,474 (-70.2%), from €36,302 to €10,828
- Taxes -€6,845
down €6,845 (-70.2%), from €9,745 to €2,900
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.
Cash bridge derived
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 | €38,769 | €40,394 | +€1,624 | +4.2% |
| Fixed assets | 21/28 | €2,205 | €2,513 | +€308 | +13.9% |
| Tangible fixed assets | 22/27 | €1,981 | €2,289 | +€308 | +15.5% |
| Furniture and vehicles | 24 | €1,525 | €1,944 | +€419 | +27.5% |
| Other tangible fixed assets | 26 | €456 | €345 | -€111 | -24.4% |
| Financial fixed assets | 28 | €224 | €224 | = | 0.0% |
| Current assets | 29/58 | €36,564 | €37,881 | +€1,317 | +3.6% |
| Amounts receivable within one year | 40/41 | €877 | €1,513 | +€635 | +72.4% |
| Trade receivables | 40 | - | €1,513 | +€1,513 | |
| Other amounts receivable | 41 | €877 | €0 | -€877 | -100.0% |
| Cash at bank and in hand | 54/58 | €35,625 | €36,304 | +€679 | +1.9% |
| Deferred charges and accrued income | 490/1 | €62 | €64 | +€2 | +3.7% |
| Total equity and liabilities | 10/49 | €38,769 | €40,394 | +€1,624 | +4.2% |
| Equity | 10/15 | €28,740 | €35,459 | +€6,719 | +23.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €25,740 | €32,459 | +€6,719 | +26.1% |
| Distributable reserves | 133 | €25,740 | €32,459 | +€6,719 | +26.1% |
| Amounts payable | 17/49 | €10,029 | €4,935 | -€5,094 | -50.8% |
| Amounts payable within one year | 42/48 | €10,029 | €4,935 | -€5,094 | -50.8% |
| Trade debts | 44 | €73 | €76 | +€3 | +4.0% |
| Suppliers | 440/4 | €73 | €76 | +€3 | +4.0% |
| Taxes, remuneration and social security | 45 | €9,956 | €3,677 | -€6,279 | -63.1% |
| Taxes | 450/3 | €9,956 | €3,677 | -€6,279 | -63.1% |
| Other amounts payable | 47/48 | - | €1,181 | +€1,181 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €796 | €1,149 | +€353 | +44.4% |
| Gross operating margin | 9900 | €36,302 | €10,828 | -€25,474 | -70.2% |
| Operating profit (loss) | 9901 | €35,506 | €9,678 | -€25,827 | -72.7% |
| Financial income | 75/76B | €32 | €0 | -€32 | -100.0% |
| Recurring financial income | 75 | €32 | €0 | -€32 | -100.0% |
| Financial charges | 65/66B | €52 | €60 | +€8 | +15.1% |
| Recurring financial charges | 65 | €52 | €60 | +€8 | +15.1% |
| Profit (loss) for the period before taxes | 9903 | €35,485 | €9,619 | -€25,867 | -72.9% |
| Income taxes | 67/77 | €9,745 | €2,900 | -€6,845 | -70.2% |
| Profit (loss) for the period | 9904 | €25,740 | €6,719 | -€19,022 | -73.9% |
| Profit (loss) for the period to be appropriated | 9905 | €25,740 | €6,719 | -€19,022 | -73.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.