KRASBUD: 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.
KRASBUD
Largest movements
- Receivables within one year +€86,517
up €86,517 (+200.7%), from €43,100 to €129,617
of which Other amounts receivable: +€82,495
- Cash -€10,721
down €10,721 (-59.8%), from €17,923 to €7,202
mainly Receivables within one year (-€86,517) and Deferred charges and accrued income (-€4,997)
- Deferred charges and accrued income +€4,997
new in 2025: €4,997
- Tax, wage and social debts +€40,304
up €40,304 (+258.2%), from €15,609 to €55,913
of which Taxes: +€36,295
- Reserves +€34,049
up €34,049 (+82.1%), from €41,479 to €75,529
- Trade debts +€6,440
up €6,440 (+167.9%), from €3,835 to €10,275
- Gross operating margin -€9,242
down €9,242 (-16.5%), from €55,943 to €46,701
- Financial income +€3,307
up €3,307 (+283.6%), from €1,166 to €4,473
- Other operating charges +€1,067
new in 2025: €1,067
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.
Cash bridge derived
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 | €61,023 | €141,816 | +€80,793 | +132.4% |
| Current assets | 29/58 | €61,023 | €141,816 | +€80,793 | +132.4% |
| Amounts receivable within one year | 40/41 | €43,100 | €129,617 | +€86,517 | +200.7% |
| Trade receivables | 40 | €3,458 | €7,480 | +€4,023 | +116.3% |
| Other amounts receivable | 41 | €39,642 | €122,137 | +€82,495 | +208.1% |
| Cash at bank and in hand | 54/58 | €17,923 | €7,202 | -€10,721 | -59.8% |
| Deferred charges and accrued income | 490/1 | - | €4,997 | +€4,997 | |
| Total equity and liabilities | 10/49 | €61,023 | €141,816 | +€80,793 | +132.4% |
| Equity | 10/15 | €41,579 | €75,629 | +€34,049 | +81.9% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €41,479 | €75,529 | +€34,049 | +82.1% |
| Distributable reserves | 133 | €41,479 | €75,529 | +€34,049 | +82.1% |
| Amounts payable | 17/49 | €19,444 | €66,187 | +€46,744 | +240.4% |
| Amounts payable within one year | 42/48 | €19,444 | €66,187 | +€46,744 | +240.4% |
| Trade debts | 44 | €3,835 | €10,275 | +€6,440 | +167.9% |
| Suppliers | 440/4 | €3,835 | €10,275 | +€6,440 | +167.9% |
| Taxes, remuneration and social security | 45 | €15,609 | €55,913 | +€40,304 | +258.2% |
| Taxes | 450/3 | €15,609 | €51,904 | +€36,295 | +232.5% |
| Remuneration and social security | 454/9 | - | €4,009 | +€4,009 | |
| Other operating charges | 640/8 | - | €1,067 | +€1,067 | |
| Gross operating margin | 9900 | €55,943 | €46,701 | -€9,242 | -16.5% |
| Operating profit (loss) | 9901 | €55,943 | €45,634 | -€10,309 | -18.4% |
| Financial income | 75/76B | €1,166 | €4,473 | +€3,307 | +283.6% |
| Recurring financial income | 75 | €1,166 | €4,473 | +€3,307 | +283.6% |
| Financial charges | 65/66B | €21 | €408 | +€388 | +1871.0% |
| Recurring financial charges | 65 | €21 | €408 | +€388 | +1871.0% |
| Profit (loss) for the period before taxes | 9903 | €57,088 | €49,699 | -€7,389 | -12.9% |
| Income taxes | 67/77 | €15,609 | €15,649 | +€41 | +0.3% |
| Profit (loss) for the period | 9904 | €41,479 | €34,049 | -€7,430 | -17.9% |
| Profit (loss) for the period to be appropriated | 9905 | €41,479 | €34,049 | -€7,430 | -17.9% |
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 10 October 2026 via checked.be.