KRAFT NICO: what changed
KRAFT NICO
Largest movements
- Receivables within one year -€23,580
down €23,580 (-65.7%), from €35,875 to €12,296
- Tangible fixed assets +€14,540
up €14,540 (+18.9%), from €76,908 to €91,448
of which Furniture and vehicles: +€19,503
- Cash +€3,303
up €3,303 (+43.8%), from €7,543 to €10,846
mainly Receivables within one year (+€23,580) and Net result for the year (+€11,495)
- Stocks and contracts -€1,599
down €1,599 (-41.8%), from €3,828 to €2,229
- Other debts -€19,613
down €19,613 (-52.6%), from €37,309 to €17,696
- Profit (loss) carried forward +€11,495
up €11,495 (+73.4%), from -€15,652 to -€4,157
- Tax, wage and social debts +€5,543
up €5,543 (+101%), from €5,471 to €11,014
of which Taxes: +€4,043
- Debts after one year -€5,198
down €5,198 (-8.9%), from €58,634 to €53,435
of which Financial debts: -€5,198
- Gross operating margin +€11,389
up €11,389 (+69.4%), from €16,415 to €27,804
- Other operating charges -€6,774
down €6,774 (-76.1%), from €8,899 to €2,125
- Taxes +€2,550
up €2,550 (+1,012%), from €252 to €2,802
- Depreciation +€974
up €974 (+10.7%), from €9,057 to €10,031
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 | €124,943 | €117,309 | -€7,634 | -6.1% |
| Fixed assets | 21/28 | €76,908 | €91,448 | +€14,540 | +18.9% |
| Tangible fixed assets | 22/27 | €76,908 | €91,448 | +€14,540 | +18.9% |
| Land and buildings | 22 | €75,665 | €71,778 | -€3,888 | -5.1% |
| Plant, machinery and equipment | 23 | €1,076 | - | -€1,076 | |
| Furniture and vehicles | 24 | €167 | €19,670 | +€19,503 | +11,690% |
| Current assets | 29/58 | €48,035 | €25,861 | -€22,174 | -46.2% |
| Stocks and contracts in progress | 3 | €3,828 | €2,229 | -€1,599 | -41.8% |
| Stocks | 30/36 | €3,828 | €2,229 | -€1,599 | -41.8% |
| Amounts receivable within one year | 40/41 | €35,875 | €12,296 | -€23,580 | -65.7% |
| Trade receivables | 40 | €35,875 | €12,296 | -€23,580 | -65.7% |
| Cash at bank and in hand | 54/58 | €7,543 | €10,846 | +€3,303 | +43.8% |
| Deferred charges and accrued income | 490/1 | €788 | €490 | -€298 | -37.8% |
| Total equity and liabilities | 10/49 | €124,943 | €117,309 | -€7,634 | -6.1% |
| Equity | 10/15 | €6,348 | €17,843 | +€11,495 | +181% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €17,000 | €17,000 | = | 0.0% |
| Distributable reserves | 133 | €17,000 | €17,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,652 | -€4,157 | +€11,495 | +73.4% |
| Amounts payable | 17/49 | €118,594 | €99,465 | -€19,129 | -16.1% |
| Amounts payable after more than one year | 17 | €58,634 | €53,435 | -€5,198 | -8.9% |
| Financial debts | 170/4 | €57,234 | €52,035 | -€5,198 | -9.1% |
| Other amounts payable | 178/9 | €1,400 | €1,400 | = | 0.0% |
| Amounts payable within one year | 42/48 | €49,361 | €34,921 | -€14,440 | -29.3% |
| Current portion of amounts payable after more than one year | 42 | €5,147 | €5,198 | +€51 | +1.0% |
| Trade debts | 44 | €1,434 | €1,013 | -€421 | -29.4% |
| Suppliers | 440/4 | €1,434 | €1,013 | -€421 | -29.4% |
| Taxes, remuneration and social security | 45 | €5,471 | €11,014 | +€5,543 | +101% |
| Taxes | 450/3 | €5,471 | €9,514 | +€4,043 | +73.9% |
| Remuneration and social security | 454/9 | - | €1,500 | +€1,500 | |
| Other amounts payable | 47/48 | €37,309 | €17,696 | -€19,613 | -52.6% |
| Accrued charges and deferred income | 492/3 | €10,599 | €11,109 | +€509 | +4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,057 | €10,031 | +€974 | +10.7% |
| Other operating charges | 640/8 | €8,899 | €2,125 | -€6,774 | -76.1% |
| Gross operating margin | 9900 | €16,415 | €27,804 | +€11,389 | +69.4% |
| Operating profit (loss) | 9901 | -€1,541 | €15,648 | +€17,189 | |
| Financial income | 75/76B | €49 | €3 | -€46 | -94.1% |
| Recurring financial income | 75 | €49 | €3 | -€46 | -94.1% |
| Financial charges | 65/66B | €1,214 | €1,354 | +€140 | +11.5% |
| Recurring financial charges | 65 | €1,214 | €1,354 | +€140 | +11.5% |
| Profit (loss) for the period before taxes | 9903 | -€2,706 | €14,297 | +€17,003 | |
| Income taxes | 67/77 | €252 | €2,802 | +€2,550 | +1,012% |
| Profit (loss) for the period | 9904 | -€2,958 | €11,495 | +€14,453 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,958 | €11,495 | +€14,453 |
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 4 November 2026 via checked.be.