KRACHT: 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.
KRACHT
Largest movements
- Cash -€40,837
down €40,837 (-53.3%), from €76,679 to €35,842
mainly Receivables after one year (-€22,880) and Trade debts (-€12,116)
- Receivables after one year +€22,880
up €22,880 (+32.1%), from €71,371 to €94,251
- Tangible fixed assets -€9,580
down €9,580 (-27.9%), from €34,331 to €24,751
of which Furniture and vehicles: -€7,853
- Receivables within one year +€8,600
up €8,600 (+87.0%), from €9,887 to €18,487
of which Trade receivables: +€8,952
- Deferred charges and accrued income -€7,311
down €7,311 (-32.8%), from €22,321 to €15,010
- Trade debts -€12,116
down €12,116 (-86.8%), from €13,959 to €1,843
- Profit (loss) carried forward -€8,499
down €8,499 (-11.9%), from €71,216 to €62,717
- Current portion of long-term debt -€4,088
down €4,088 (-65.9%), from €6,200 to €2,112
- Gross operating margin -€12,673
down €12,673, from €8,401 to -€4,272
- Financial income +€7,578
up €7,578 (+719%), from €1,054 to €8,632
of which Non-recurring financial income: +€7,240
- Depreciation -€2,258
down €2,258 (-17.5%), from €12,911 to €10,653
- Taxes -€574
down €574 (-63.2%), from €908 to €334
- Financial charges -€174
down €174 (-28.7%), from €607 to €433
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 | €214,589 | €188,341 | -€26,248 | -12.2% |
| Fixed assets | 21/28 | €34,331 | €24,751 | -€9,580 | -27.9% |
| Tangible fixed assets | 22/27 | €34,331 | €24,751 | -€9,580 | -27.9% |
| Land and buildings | 22 | €12,883 | €11,156 | -€1,727 | -13.4% |
| Furniture and vehicles | 24 | €21,448 | €13,595 | -€7,853 | -36.6% |
| Current assets | 29/58 | €180,258 | €163,590 | -€16,668 | -9.2% |
| Amounts receivable after more than one year | 29 | €71,371 | €94,251 | +€22,880 | +32.1% |
| Other amounts receivable | 291 | €71,371 | €94,251 | +€22,880 | +32.1% |
| Amounts receivable within one year | 40/41 | €9,887 | €18,487 | +€8,600 | +87.0% |
| Trade receivables | 40 | €8,298 | €17,250 | +€8,952 | +108% |
| Other amounts receivable | 41 | €1,589 | €1,237 | -€352 | -22.2% |
| Cash at bank and in hand | 54/58 | €76,679 | €35,842 | -€40,837 | -53.3% |
| Deferred charges and accrued income | 490/1 | €22,321 | €15,010 | -€7,311 | -32.8% |
| Total equity and liabilities | 10/49 | €214,589 | €188,341 | -€26,248 | -12.2% |
| Equity | 10/15 | €188,910 | €180,411 | -€8,499 | -4.5% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €99,102 | €99,102 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €97,243 | €97,243 | = | 0.0% |
| Profit (loss) carried forward | 14 | €71,216 | €62,717 | -€8,499 | -11.9% |
| Amounts payable | 17/49 | €25,679 | €7,930 | -€17,749 | -69.1% |
| Amounts payable after more than one year | 17 | €2,112 | - | -€2,112 | |
| Financial debts | 170/4 | €2,112 | - | -€2,112 | |
| Amounts payable within one year | 42/48 | €23,567 | €7,930 | -€15,637 | -66.4% |
| Current portion of amounts payable after more than one year | 42 | €6,200 | €2,112 | -€4,088 | -65.9% |
| Financial debts | 43 | - | €233 | +€233 | |
| Credit institutions | 430/8 | - | €233 | +€233 | |
| Trade debts | 44 | €13,959 | €1,843 | -€12,116 | -86.8% |
| Suppliers | 440/4 | €13,959 | €1,843 | -€12,116 | -86.8% |
| Taxes, remuneration and social security | 45 | €3,408 | €3,742 | +€334 | +9.8% |
| Taxes | 450/3 | €908 | €1,242 | +€334 | +36.8% |
| Remuneration and social security | 454/9 | €2,500 | €2,500 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,911 | €10,653 | -€2,258 | -17.5% |
| Other operating charges | 640/8 | €1,272 | €1,439 | +€167 | +13.1% |
| Gross operating margin | 9900 | €8,401 | -€4,272 | -€12,673 | |
| Operating profit (loss) | 9901 | -€5,782 | -€16,364 | -€10,582 | -183% |
| Financial income | 75/76B | €1,054 | €8,632 | +€7,578 | +719% |
| Recurring financial income | 75 | €1,054 | €1,392 | +€338 | +32.1% |
| Non-recurring financial income | 76B | - | €7,240 | +€7,240 | |
| Financial charges | 65/66B | €607 | €433 | -€174 | -28.7% |
| Recurring financial charges | 65 | €607 | €433 | -€174 | -28.7% |
| Profit (loss) for the period before taxes | 9903 | -€5,335 | -€8,165 | -€2,830 | -53.0% |
| Income taxes | 67/77 | €908 | €334 | -€574 | -63.2% |
| Profit (loss) for the period | 9904 | -€6,243 | -€8,499 | -€2,256 | -36.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,243 | -€8,499 | -€2,256 | -36.1% |
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 27 October 2026 via checked.be.