KRAPS: 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.
KRAPS
Largest movements
- Tangible fixed assets +€246,457
up €246,457 (+10757.5%), from €2,291 to €248,748
of which Land and buildings: +€239,380
- Cash -€53,857
down €53,857 (-86.0%), from €62,660 to €8,803
mainly Investment in fixed assets (net) (-€279,211) and Net result for the year (-€76,916)
- Intangible fixed assets -€15,000
down €15,000 (-13.8%), from €108,699 to €93,699
- Debts after one year +€267,897
up €267,897 (+3709.5%), from €7,222 to €275,119
- Profit (loss) carried forward -€76,916
down €76,916, from €38,439 to -€38,477
- Tax, wage and social debts -€5,253
down €5,253 (-27.9%), from €18,825 to €13,572
- Trade debts -€4,595
down €4,595 (-33.3%), from €13,799 to €9,204
- Gross operating margin -€35,287
down €35,287 (-76.6%), from €46,038 to €10,751
- Depreciation +€30,298
up €30,298 (+178.1%), from €17,016 to €47,314
- Other operating charges +€11,672
up €11,672 (+166.1%), from €7,027 to €18,699
- Taxes -€10,743
down €10,743 (-87.4%), from €12,296 to €1,553
- Financial charges +€3,156
up €3,156 (+55.2%), from €5,718 to €8,874
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 | €205,688 | €384,208 | +€178,521 | +86.8% |
| Fixed assets | 21/28 | €128,710 | €360,607 | +€231,897 | +180.2% |
| Intangible fixed assets | 21 | €108,699 | €93,699 | -€15,000 | -13.8% |
| Tangible fixed assets | 22/27 | €2,291 | €248,748 | +€246,457 | +10757.5% |
| Land and buildings | 22 | - | €239,380 | +€239,380 | |
| Plant, machinery and equipment | 23 | €1,465 | €391 | -€1,073 | -73.3% |
| Furniture and vehicles | 24 | €826 | €320 | -€506 | -61.2% |
| Other tangible fixed assets | 26 | - | €8,656 | +€8,656 | |
| Financial fixed assets | 28 | €17,720 | €18,160 | +€440 | +2.5% |
| Current assets | 29/58 | €76,978 | €23,602 | -€53,376 | -69.3% |
| Stocks and contracts in progress | 3 | €4,170 | €4,170 | = | 0.0% |
| Stocks | 30/36 | €4,170 | €4,170 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €9,935 | €7,750 | -€2,185 | -22.0% |
| Trade receivables | 40 | - | €7,750 | +€7,750 | |
| Other amounts receivable | 41 | €9,935 | - | -€9,935 | |
| Cash at bank and in hand | 54/58 | €62,660 | €8,803 | -€53,857 | -86.0% |
| Deferred charges and accrued income | 490/1 | €213 | €2,879 | +€2,666 | +1254.4% |
| Total equity and liabilities | 10/49 | €205,688 | €384,208 | +€178,521 | +86.8% |
| Equity | 10/15 | €40,939 | -€35,977 | -€76,916 | |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €38,439 | -€38,477 | -€76,916 | |
| Amounts payable | 17/49 | €164,749 | €420,185 | +€255,437 | +155.0% |
| Amounts payable after more than one year | 17 | €7,222 | €275,119 | +€267,897 | +3709.5% |
| Financial debts | 170/4 | €7,222 | €275,119 | +€267,897 | +3709.5% |
| Amounts payable within one year | 42/48 | €157,527 | €145,067 | -€12,460 | -7.9% |
| Current portion of amounts payable after more than one year | 42 | €13,582 | €10,003 | -€3,580 | -26.4% |
| Trade debts | 44 | €13,799 | €9,204 | -€4,595 | -33.3% |
| Suppliers | 440/4 | €13,799 | €9,204 | -€4,595 | -33.3% |
| Taxes, remuneration and social security | 45 | €18,825 | €13,572 | -€5,253 | -27.9% |
| Taxes | 450/3 | €18,825 | €13,572 | -€5,253 | -27.9% |
| Other amounts payable | 47/48 | €111,320 | €112,288 | +€967 | +0.9% |
| Non-recurring operating income | 76A | €2,483 | €5,577 | +€3,094 | +124.6% |
| Remuneration, social security and pensions | 62 | €272 | €219 | -€53 | -19.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,016 | €47,314 | +€30,298 | +178.1% |
| Other operating charges | 640/8 | €7,027 | €18,699 | +€11,672 | +166.1% |
| Non-recurring operating charges | 66A | €43 | €11,011 | +€10,968 | +25382.5% |
| Gross operating margin | 9900 | €46,038 | €10,751 | -€35,287 | -76.6% |
| Operating profit (loss) | 9901 | €21,679 | -€66,493 | -€88,172 | |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | - | €3 | +€3 | |
| Financial charges | 65/66B | €5,718 | €8,874 | +€3,156 | +55.2% |
| Recurring financial charges | 65 | €5,718 | €8,874 | +€3,156 | +55.2% |
| Profit (loss) for the period before taxes | 9903 | €15,961 | -€75,363 | -€91,325 | |
| Income taxes | 67/77 | €12,296 | €1,553 | -€10,743 | -87.4% |
| Profit (loss) for the period | 9904 | €3,665 | -€76,916 | -€80,582 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,665 | -€76,916 | -€80,582 |
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 8 October 2026 via checked.be.