KRAMIK: 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.
KRAMIK
Largest movements
- Cash -€46,656
down €46,656 (-73.7%), from €63,296 to €16,640
mainly Receivables within one year (-€34,858) and Current portion of long-term debt (-€22,423)
- Receivables within one year +€34,858
up €34,858 (+123%), from €28,229 to €63,087
of which Trade receivables: +€33,851
- Tangible fixed assets -€19,838
down €19,838 (-18.7%), from €106,137 to €86,299
of which Furniture and vehicles: -€16,737
- Current portion of long-term debt -€22,423
down €22,423 (-78.8%), from €28,468 to €6,046
- Profit (loss) carried forward -€11,905
down €11,905 (-28.6%), from €41,679 to €29,774
- Trade debts +€6,445
up €6,445 (+99.1%), from €6,501 to €12,946
- Debts after one year -€6,046
down €6,046 (-20.5%), from €29,433 to €23,387
- Accrued charges and deferred income +€3,898
up €3,898 (+95.8%), from €4,070 to €7,968
- Gross operating margin -€25,460
down €25,460 (-23.0%), from €110,610 to €85,150
- Write-downs -€8,949
down €8,949, from €8,586 to -€363
- Taxes -€5,732
down €5,732 (-68.0%), from €8,433 to €2,700
- Staff costs +€4,234
up €4,234 (+8.1%), from €52,552 to €56,786
- Financial charges -€1,962
down €1,962 (-30.9%), from €6,340 to €4,378
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 | €198,756 | €167,535 | -€31,221 | -15.7% |
| Fixed assets | 21/28 | €106,137 | €86,299 | -€19,838 | -18.7% |
| Tangible fixed assets | 22/27 | €106,137 | €86,299 | -€19,838 | -18.7% |
| Land and buildings | 22 | €44,381 | €41,618 | -€2,763 | -6.2% |
| Plant, machinery and equipment | 23 | €2,375 | €2,036 | -€338 | -14.3% |
| Furniture and vehicles | 24 | €59,382 | €42,645 | -€16,737 | -28.2% |
| Current assets | 29/58 | €92,618 | €81,236 | -€11,383 | -12.3% |
| Amounts receivable within one year | 40/41 | €28,229 | €63,087 | +€34,858 | +123% |
| Trade receivables | 40 | €13,936 | €47,787 | +€33,851 | +243% |
| Other amounts receivable | 41 | €14,293 | €15,300 | +€1,007 | +7.0% |
| Cash at bank and in hand | 54/58 | €63,296 | €16,640 | -€46,656 | -73.7% |
| Deferred charges and accrued income | 490/1 | €1,093 | €1,509 | +€416 | +38.0% |
| Total equity and liabilities | 10/49 | €198,756 | €167,535 | -€31,221 | -15.7% |
| Equity | 10/15 | €107,366 | €94,998 | -€12,368 | -11.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €53,873 | €53,873 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,875 | €1,875 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,875 | €1,875 | = | 0.0% |
| Distributable reserves | 133 | €51,998 | €51,998 | = | 0.0% |
| Profit (loss) carried forward | 14 | €41,679 | €29,774 | -€11,905 | -28.6% |
| Investment grants | 15 | €5,615 | €5,151 | -€464 | -8.3% |
| Amounts payable | 17/49 | €91,389 | €72,537 | -€18,852 | -20.6% |
| Amounts payable after more than one year | 17 | €29,433 | €23,387 | -€6,046 | -20.5% |
| Financial debts | 170/4 | €29,433 | €23,387 | -€6,046 | -20.5% |
| Amounts payable within one year | 42/48 | €57,886 | €41,182 | -€16,704 | -28.9% |
| Current portion of amounts payable after more than one year | 42 | €28,468 | €6,046 | -€22,423 | -78.8% |
| Financial debts | 43 | €90 | - | -€90 | |
| Credit institutions | 430/8 | €90 | - | -€90 | |
| Trade debts | 44 | €6,501 | €12,946 | +€6,445 | +99.1% |
| Suppliers | 440/4 | €6,501 | €12,946 | +€6,445 | +99.1% |
| Taxes, remuneration and social security | 45 | €20,341 | €18,847 | -€1,494 | -7.3% |
| Taxes | 450/3 | €13,947 | €10,364 | -€3,582 | -25.7% |
| Remuneration and social security | 454/9 | €6,394 | €8,483 | +€2,089 | +32.7% |
| Other amounts payable | 47/48 | €2,486 | €3,343 | +€857 | +34.5% |
| Accrued charges and deferred income | 492/3 | €4,070 | €7,968 | +€3,898 | +95.8% |
| Remuneration, social security and pensions | 62 | €52,552 | €56,786 | +€4,234 | +8.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,460 | €21,190 | +€1,730 | +8.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €8,586 | -€363 | -€8,949 | |
| Other operating charges | 640/8 | €2,769 | €2,671 | -€99 | -3.6% |
| Gross operating margin | 9900 | €110,610 | €85,150 | -€25,460 | -23.0% |
| Operating profit (loss) | 9901 | €27,243 | €4,867 | -€22,376 | -82.1% |
| Financial income | 75/76B | €1,642 | €1,449 | -€193 | -11.8% |
| Recurring financial income | 75 | €1,642 | €1,449 | -€193 | -11.8% |
| Financial charges | 65/66B | €6,340 | €4,378 | -€1,962 | -30.9% |
| Recurring financial charges | 65 | €6,340 | €4,378 | -€1,962 | -30.9% |
| Profit (loss) for the period before taxes | 9903 | €22,545 | €1,938 | -€20,607 | -91.4% |
| Income taxes | 67/77 | €8,433 | €2,700 | -€5,732 | -68.0% |
| Profit (loss) for the period | 9904 | €14,113 | -€762 | -€14,875 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,113 | -€762 | -€14,875 |
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.