KRALO: 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.
KRALO
Largest movements
- Tangible fixed assets -€170,876
down €170,876 (-98.3%), from €173,914 to €3,038
of which Furniture and vehicles: -€164,154
- Cash -€34,699
down €34,699 (-84.6%), from €41,026 to €6,327
mainly Debts after one year (-€141,409) and Trade debts (-€47,512)
- Receivables within one year -€5,029
down €5,029 (-20.1%), from €24,983 to €19,954
of which Trade receivables: -€9,985
- Debts after one year -€141,409
down €141,409 (-97.4%), from €145,166 to €3,757
- Trade debts -€47,512
down €47,512 (-81.5%), from €58,305 to €10,793
- Current portion of long-term debt -€19,983
down €19,983 (-75.1%), from €26,612 to €6,629
- Depreciation -€6,248
down €6,248 (-91.2%), from €6,854 to €606
- Financial charges +€3,853
up €3,853 (+129.4%), from €2,977 to €6,829
- Taxes -€1,864
down €1,864 (-95.5%), from €1,953 to €89
- Gross operating margin -€1,525
down €1,525 (-8.5%), from €17,901 to €16,376
- Other operating charges -€468
down €468 (-37.5%), from €1,250 to €782
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €239,923 | €29,318 | -€210,605 | -87.8% |
| Fixed assets | 21/28 | €173,914 | €3,038 | -€170,876 | -98.3% |
| Tangible fixed assets | 22/27 | €173,914 | €3,038 | -€170,876 | -98.3% |
| Plant, machinery and equipment | 23 | €8,360 | €1,637 | -€6,723 | -80.4% |
| Furniture and vehicles | 24 | €165,554 | €1,400 | -€164,154 | -99.2% |
| Current assets | 29/58 | €66,009 | €26,280 | -€39,729 | -60.2% |
| Amounts receivable within one year | 40/41 | €24,983 | €19,954 | -€5,029 | -20.1% |
| Trade receivables | 40 | €24,308 | €14,323 | -€9,985 | -41.1% |
| Other amounts receivable | 41 | €675 | €5,630 | +€4,955 | +734.1% |
| Cash at bank and in hand | 54/58 | €41,026 | €6,327 | -€34,699 | -84.6% |
| Total equity and liabilities | 10/49 | €239,923 | €29,318 | -€210,605 | -87.8% |
| Equity | 10/15 | €7,868 | €8,050 | +€183 | +2.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €4,868 | €5,050 | +€183 | +3.8% |
| Distributable reserves | 133 | €4,868 | €5,050 | +€183 | +3.8% |
| Amounts payable | 17/49 | €232,055 | €21,267 | -€210,788 | -90.8% |
| Amounts payable after more than one year | 17 | €145,166 | €3,757 | -€141,409 | -97.4% |
| Financial debts | 170/4 | €145,166 | €3,757 | -€141,409 | -97.4% |
| Amounts payable within one year | 42/48 | €86,889 | €17,511 | -€69,379 | -79.8% |
| Current portion of amounts payable after more than one year | 42 | €26,612 | €6,629 | -€19,983 | -75.1% |
| Trade debts | 44 | €58,305 | €10,793 | -€47,512 | -81.5% |
| Suppliers | 440/4 | €58,305 | €10,793 | -€47,512 | -81.5% |
| Taxes, remuneration and social security | 45 | €1,953 | €89 | -€1,864 | -95.5% |
| Taxes | 450/3 | €1,953 | €89 | -€1,864 | -95.5% |
| Other amounts payable | 47/48 | €20 | €0 | -€20 | -100.0% |
| Non-recurring operating income | 76A | - | €4,743 | +€4,743 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,854 | €606 | -€6,248 | -91.2% |
| Other operating charges | 640/8 | €1,250 | €782 | -€468 | -37.5% |
| Non-recurring operating charges | 66A | - | €8,025 | +€8,025 | |
| Gross operating margin | 9900 | €17,901 | €16,376 | -€1,525 | -8.5% |
| Operating profit (loss) | 9901 | €9,798 | €6,964 | -€2,834 | -28.9% |
| Financial income | 75/76B | €0 | €137 | +€137 | +682850.0% |
| Recurring financial income | 75 | €0 | €137 | +€137 | +682850.0% |
| Financial charges | 65/66B | €2,977 | €6,829 | +€3,853 | +129.4% |
| Recurring financial charges | 65 | €2,977 | €6,829 | +€3,853 | +129.4% |
| Profit (loss) for the period before taxes | 9903 | €6,821 | €271 | -€6,550 | -96.0% |
| Income taxes | 67/77 | €1,953 | €89 | -€1,864 | -95.5% |
| Profit (loss) for the period | 9904 | €4,868 | €183 | -€4,685 | -96.2% |
| Profit (loss) for the period to be appropriated | 9905 | €4,868 | €183 | -€4,685 | -96.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.