KRASS: 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.
KRASS
Largest movements
- Current investments -€134,619
down €134,619 (-49.6%), from €271,637 to €137,017
- Cash -€76,731
down €76,731 (-71.6%), from €107,134 to €30,403
mainly Contributions, distributions and other (-€182,692) and Other debts (-€159,510)
- Tangible fixed assets -€35,918
down €35,918 (-19.3%), from €185,852 to €149,934
- Other debts -€159,510
down €159,510 (-34.3%), from €464,396 to €304,886
- Reserves -€50,155
down €50,155 (-83.4%), from €60,155 to €10,000
of which Distributable reserves: -€50,155
- Tax, wage and social debts -€21,378
down €21,378 (-77.9%), from €27,457 to €6,078
- Current portion of long-term debt -€19,192
down €19,192 (-78.9%), from €24,327 to €5,136
- Financial income +€73,614
up €73,614 (+3462.9%), from €2,126 to €75,740
- Gross operating margin -€51,154
down €51,154 (-24.5%), from €208,845 to €157,692
- Financial charges +€6,285
up €6,285 (+108.1%), from €5,814 to €12,098
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 | €607,587 | €357,073 | -€250,514 | -41.2% |
| Fixed assets | 21/28 | €185,852 | €149,934 | -€35,918 | -19.3% |
| Tangible fixed assets | 22/27 | €185,852 | €149,934 | -€35,918 | -19.3% |
| Land and buildings | 22 | €133,264 | €117,213 | -€16,051 | -12.0% |
| Plant, machinery and equipment | 23 | €2,622 | €1,372 | -€1,251 | -47.7% |
| Furniture and vehicles | 24 | €29,525 | €11,721 | -€17,804 | -60.3% |
| Other tangible fixed assets | 26 | €20,440 | €19,628 | -€812 | -4.0% |
| Current assets | 29/58 | €421,734 | €207,139 | -€214,595 | -50.9% |
| Amounts receivable within one year | 40/41 | €37,195 | €32,551 | -€4,644 | -12.5% |
| Trade receivables | 40 | €36,048 | €31,254 | -€4,794 | -13.3% |
| Other amounts receivable | 41 | €1,147 | €1,297 | +€150 | +13.1% |
| Current investments | 50/53 | €271,637 | €137,017 | -€134,619 | -49.6% |
| Cash at bank and in hand | 54/58 | €107,134 | €30,403 | -€76,731 | -71.6% |
| Deferred charges and accrued income | 490/1 | €5,769 | €7,168 | +€1,399 | +24.3% |
| Total equity and liabilities | 10/49 | €607,587 | €357,073 | -€250,514 | -41.2% |
| Equity | 10/15 | €78,755 | €28,600 | -€50,155 | -63.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €60,155 | €10,000 | -€50,155 | -83.4% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €60,155 | €10,000 | -€50,155 | -83.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €528,832 | €328,473 | -€200,359 | -37.9% |
| Amounts payable after more than one year | 17 | €5,136 | €0 | -€5,136 | -100.0% |
| Financial debts | 170/4 | €5,136 | €0 | -€5,136 | -100.0% |
| Amounts payable within one year | 42/48 | €520,474 | €319,830 | -€200,644 | -38.6% |
| Current portion of amounts payable after more than one year | 42 | €24,327 | €5,136 | -€19,192 | -78.9% |
| Trade debts | 44 | €4,294 | €3,730 | -€564 | -13.1% |
| Suppliers | 440/4 | €4,294 | €3,730 | -€564 | -13.1% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €27,457 | €6,078 | -€21,378 | -77.9% |
| Taxes | 450/3 | €27,457 | €6,078 | -€21,378 | -77.9% |
| Other amounts payable | 47/48 | €464,396 | €304,886 | -€159,510 | -34.3% |
| Accrued charges and deferred income | 492/3 | €3,223 | €8,643 | +€5,421 | +168.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,055 | €40,268 | +€212 | +0.5% |
| Other operating charges | 640/8 | €3,491 | €2,019 | -€1,473 | -42.2% |
| Gross operating margin | 9900 | €208,845 | €157,692 | -€51,154 | -24.5% |
| Operating profit (loss) | 9901 | €165,299 | €115,405 | -€49,893 | -30.2% |
| Financial income | 75/76B | €2,126 | €75,740 | +€73,614 | +3462.9% |
| Recurring financial income | 75 | €2,126 | €75,740 | +€73,614 | +3462.9% |
| Financial charges | 65/66B | €5,814 | €12,098 | +€6,285 | +108.1% |
| Recurring financial charges | 65 | €5,814 | €12,098 | +€6,285 | +108.1% |
| Profit (loss) for the period before taxes | 9903 | €161,611 | €179,047 | +€17,436 | +10.8% |
| Income taxes | 67/77 | €47,431 | €46,510 | -€921 | -1.9% |
| Profit (loss) for the period | 9904 | €114,180 | €132,537 | +€18,357 | +16.1% |
| Profit (loss) for the period to be appropriated | 9905 | €114,180 | €132,537 | +€18,357 | +16.1% |
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 12 October 2026 via checked.be.