KRANA: 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.
What changed
KRANA
NACE 64.210, Activities of holding companies
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€69,682
2024 · €59,415+€10,267
Equity
€769,230
2024 · €699,548+€69,682
Cash
€1,951
2024 · €1,041+€910
Balance sheet total
€1.0m
2024 · €972,212+€62,708
Largest movements
Assets
- Tangible fixed assets +€63,306
new in 2025: €63,306
Equity and liabilities
- Reserves +€69,682
up €69,682 (+10.2%), from €680,948 to €750,630
- Debts after one year +€45,287
up €45,287 (+31.2%), from €145,000 to €190,287
- Other debts -€29,891
down €29,891 (-55.0%), from €54,303 to €24,412
- Current portion of long-term debt -€17,564
down €17,564 (-61.5%), from €28,572 to €11,008
Income statement
- Gross operating margin +€16,876
up €16,876 (+17.5%), from €96,196 to €113,073
- Taxes +€4,355
up €4,355 (+19.5%), from €22,280 to €26,636
- Depreciation +€2,723
new in 2025: €2,723
- Financial charges -€1,397
down €1,397 (-10.5%), from €13,349 to €11,952
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.
Result 2024
€59,415
Gross operating margin
+€16,876
Depreciation
-€2,723
Other operating charges
-€931
Other operating items
+€4
Financial income
-€2
Financial charges
+€1,397
Taxes
-€4,355
Result 2025
€69,682
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€39,216
Investment
-€66,029
Financing
+€27,723
Cash 2024
€1,041
From operations (derived)
+€39,216
Net result for the year
+€69,682
Depreciation
+€2,723
Receivables within one year
+€3,276
Deferred charges and accrued income
-€1,767
Trade debts
-€31
Tax, wage and social debts
-€4,209
Other debts
-€29,891
Accrued charges and deferred income
-€566
Investment (derived)
-€66,029
Investment in fixed assets (net)
-€66,029
Current investments
+€0
Financing
+€27,723
Debts after one year
+€45,287
Current portion of long-term debt
-€17,564
Cash 2025
€1,951
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €972,212 | €1,034,919 | +€62,708 | +6.4% |
| Fixed assets | 21/28 | €967,231 | €1,030,537 | +€63,306 | +6.5% |
| Tangible fixed assets | 22/27 | - | €63,306 | +€63,306 | |
| Furniture and vehicles | 24 | - | €63,306 | +€63,306 | |
| Financial fixed assets | 28 | €967,231 | €967,231 | = | 0.0% |
| Current assets | 29/58 | €4,981 | €4,383 | -€599 | -12.0% |
| Amounts receivable within one year | 40/41 | €3,661 | €386 | -€3,276 | -89.5% |
| Trade receivables | 40 | - | €386 | +€386 | |
| Other amounts receivable | 41 | €3,661 | €0 | -€3,661 | -100% |
| Current investments | 50/53 | €279 | €279 | -€0 | -0.1% |
| Cash at bank and in hand | 54/58 | €1,041 | €1,951 | +€910 | +87.5% |
| Deferred charges and accrued income | 490/1 | - | €1,767 | +€1,767 | |
| Total equity and liabilities | 10/49 | €972,212 | €1,034,919 | +€62,708 | +6.4% |
| Equity | 10/15 | €699,548 | €769,230 | +€69,682 | +10.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €680,948 | €750,630 | +€69,682 | +10.2% |
| Distributable reserves | 133 | €680,948 | €750,630 | +€69,682 | +10.2% |
| Amounts payable | 17/49 | €272,664 | €265,690 | -€6,974 | -2.6% |
| Amounts payable after more than one year | 17 | €145,000 | €190,287 | +€45,287 | +31.2% |
| Financial debts | 170/4 | €145,000 | €190,287 | +€45,287 | +31.2% |
| Amounts payable within one year | 42/48 | €116,328 | €64,633 | -€51,695 | -44.4% |
| Current portion of amounts payable after more than one year | 42 | €28,572 | €11,008 | -€17,564 | -61.5% |
| Financial debts | 43 | €11,667 | €11,667 | = | 0.0% |
| Credit institutions | 430/8 | €11,667 | €11,667 | = | 0.0% |
| Trade debts | 44 | €580 | €549 | -€31 | -5.3% |
| Suppliers | 440/4 | €580 | €549 | -€31 | -5.3% |
| Taxes, remuneration and social security | 45 | €21,206 | €16,997 | -€4,209 | -19.8% |
| Taxes | 450/3 | €21,206 | €16,997 | -€4,209 | -19.8% |
| Other amounts payable | 47/48 | €54,303 | €24,412 | -€29,891 | -55.0% |
| Accrued charges and deferred income | 492/3 | €11,336 | €10,770 | -€566 | -5.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €2,723 | +€2,723 | |
| Other operating charges | 640/8 | €1,144 | €2,075 | +€931 | +81.3% |
| Non-recurring operating charges | 66A | €9 | €5 | -€4 | -44.8% |
| Gross operating margin | 9900 | €96,196 | €113,073 | +€16,876 | +17.5% |
| Operating profit (loss) | 9901 | €95,043 | €108,270 | +€13,227 | +13.9% |
| Financial income | 75/76B | €2 | €0 | -€2 | -100% |
| Recurring financial income | 75 | €2 | €0 | -€2 | -100% |
| Financial charges | 65/66B | €13,349 | €11,952 | -€1,397 | -10.5% |
| Recurring financial charges | 65 | €13,349 | €11,952 | -€1,397 | -10.5% |
| Profit (loss) for the period before taxes | 9903 | €81,695 | €96,318 | +€14,623 | +17.9% |
| Income taxes | 67/77 | €22,280 | €26,636 | +€4,355 | +19.5% |
| Profit (loss) for the period | 9904 | €59,415 | €69,682 | +€10,267 | +17.3% |
| Profit (loss) for the period to be appropriated | 9905 | €59,415 | €69,682 | +€10,267 | +17.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.