Kraft Studio: 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.
Kraft Studio
Largest movements
- Receivables within one year -€13,157
down €13,157 (-54.7%), from €24,067 to €10,910
- Cash -€1,364
no longer reported in 2025 (was €1,364)
mainly Net result for the year (-€28,716) and Accrued charges and deferred income (-€3,265)
- Tangible fixed assets -€1,149
down €1,149 (-13.1%), from €8,756 to €7,608
of which Other tangible fixed assets: -€960
- Deferred charges and accrued income -€366
down €366 (-99.8%), from €366 to €1
- Profit (loss) carried forward -€28,716
down €28,716, from €927 to -€27,789
- Trade debts +€10,621
up €10,621 (+112%), from €9,446 to €20,066
- Short-term financial debts +€3,984
new in 2025: €3,984
- Accrued charges and deferred income -€3,265
down €3,265 (-85.9%), from €3,800 to €535
- Other debts +€1,634
up €1,634 (+44.9%), from €3,643 to €5,278
- Gross operating margin -€32,076
down €32,076, from €5,790 to -€26,287
- Other operating charges -€1,800
down €1,800 (-81.4%), from €2,211 to €411
- Taxes -€1,237
down €1,237, from €1,080 to -€157
- Financial charges +€763
up €763 (+261%), from €293 to €1,056
- Depreciation -€263
down €263 (-18.6%), from €1,412 to €1,149
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 | €34,554 | €18,519 | -€16,035 | -46.4% |
| Fixed assets | 21/28 | €8,756 | €7,608 | -€1,149 | -13.1% |
| Tangible fixed assets | 22/27 | €8,756 | €7,608 | -€1,149 | -13.1% |
| Furniture and vehicles | 24 | €354 | €165 | -€188 | -53.3% |
| Other tangible fixed assets | 26 | €8,403 | €7,442 | -€960 | -11.4% |
| Current assets | 29/58 | €25,797 | €10,911 | -€14,887 | -57.7% |
| Amounts receivable within one year | 40/41 | €24,067 | €10,910 | -€13,157 | -54.7% |
| Trade receivables | 40 | €24,067 | €10,910 | -€13,157 | -54.7% |
| Cash at bank and in hand | 54/58 | €1,364 | - | -€1,364 | |
| Deferred charges and accrued income | 490/1 | €366 | €1 | -€366 | -99.8% |
| Total equity and liabilities | 10/49 | €34,554 | €18,519 | -€16,035 | -46.4% |
| Equity | 10/15 | €8,927 | -€19,789 | -€28,716 | |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €927 | -€27,789 | -€28,716 | |
| Amounts payable | 17/49 | €25,627 | €38,308 | +€12,681 | +49.5% |
| Amounts payable within one year | 42/48 | €21,827 | €37,772 | +€15,946 | +73.1% |
| Financial debts | 43 | - | €3,984 | +€3,984 | |
| Credit institutions | 430/8 | - | €3,984 | +€3,984 | |
| Trade debts | 44 | €9,446 | €20,066 | +€10,621 | +112% |
| Suppliers | 440/4 | €9,446 | €20,066 | +€10,621 | +112% |
| Taxes, remuneration and social security | 45 | €8,737 | €8,445 | -€293 | -3.4% |
| Taxes | 450/3 | €6,937 | €3,045 | -€3,893 | -56.1% |
| Remuneration and social security | 454/9 | €1,800 | €5,400 | +€3,600 | +200% |
| Other amounts payable | 47/48 | €3,643 | €5,278 | +€1,634 | +44.9% |
| Accrued charges and deferred income | 492/3 | €3,800 | €535 | -€3,265 | -85.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,412 | €1,149 | -€263 | -18.6% |
| Other operating charges | 640/8 | €2,211 | €411 | -€1,800 | -81.4% |
| Gross operating margin | 9900 | €5,790 | -€26,287 | -€32,076 | |
| Operating profit (loss) | 9901 | €2,167 | -€27,847 | -€30,013 | |
| Financial income | 75/76B | €133 | €29 | -€104 | -78.0% |
| Recurring financial income | 75 | €133 | €29 | -€104 | -78.0% |
| Financial charges | 65/66B | €293 | €1,056 | +€763 | +261% |
| Recurring financial charges | 65 | €293 | €1,056 | +€763 | +261% |
| Profit (loss) for the period before taxes | 9903 | €2,007 | -€28,873 | -€30,880 | |
| Income taxes | 67/77 | €1,080 | -€157 | -€1,237 | |
| Profit (loss) for the period | 9904 | €927 | -€28,716 | -€29,644 | |
| Profit (loss) for the period to be appropriated | 9905 | €927 | -€28,716 | -€29,644 |
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 18 October 2026 via checked.be.