KraTerre: what changed
KraTerre
Largest movements
- Tangible fixed assets +€131,180
up €131,180 (+80.2%), from €163,490 to €294,670
of which Furniture and vehicles: +€109,377
- Cash +€61,066
up €61,066 (+288%), from €21,191 to €82,256
mainly Other debts (+€110,446) and Depreciation (+€66,409)
- Receivables within one year -€33,970
down €33,970 (-52.1%), from €65,209 to €31,239
of which Trade receivables: -€39,652
- Other debts +€110,446
up €110,446 (+123%), from €89,479 to €199,925
- Debts after one year +€43,817
up €43,817 (+53.2%), from €82,297 to €126,114
- Current portion of long-term debt +€22,814
up €22,814 (+102%), from €22,444 to €45,258
- Profit (loss) carried forward -€15,127
new in 2025: -€15,127
- Gross operating margin -€33,039
down €33,039 (-36.1%), from €91,613 to €58,574
- Depreciation +€20,047
up €20,047 (+43.2%), from €46,362 to €66,409
- Taxes -€6,055
no longer reported in 2025 (was €6,055)
- Other operating charges -€1,541
down €1,541 (-73.9%), from €2,084 to €543
- Financial charges +€1,227
up €1,227 (+21.1%), from €5,809 to €7,036
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €254,261 | €416,814 | +€162,553 | +63.9% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €163,520 | €294,700 | +€131,180 | +80.2% |
| Tangible fixed assets | 22/27 | €163,490 | €294,670 | +€131,180 | +80.2% |
| Land and buildings | 22 | - | €7,843 | +€7,843 | |
| Plant, machinery and equipment | 23 | €15,485 | €29,445 | +€13,960 | +90.2% |
| Furniture and vehicles | 24 | €148,005 | €257,382 | +€109,377 | +73.9% |
| Financial fixed assets | 28 | €30 | €30 | = | 0.0% |
| Current assets | 29/58 | €90,741 | €122,114 | +€31,373 | +34.6% |
| Stocks and contracts in progress | 3 | €2,466 | €6,504 | +€4,038 | +164% |
| Stocks | 30/36 | €2,466 | €6,504 | +€4,038 | +164% |
| Amounts receivable within one year | 40/41 | €65,209 | €31,239 | -€33,970 | -52.1% |
| Trade receivables | 40 | €57,212 | €17,560 | -€39,652 | -69.3% |
| Other amounts receivable | 41 | €7,997 | €13,679 | +€5,682 | +71.0% |
| Cash at bank and in hand | 54/58 | €21,191 | €82,256 | +€61,066 | +288% |
| Deferred charges and accrued income | 490/1 | €1,875 | €2,114 | +€239 | +12.8% |
| Total equity and liabilities | 10/49 | €254,261 | €416,814 | +€162,553 | +63.9% |
| Equity | 10/15 | €43,815 | €28,688 | -€15,127 | -34.5% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Reserves | 13 | €31,315 | €31,315 | = | 0.0% |
| Distributable reserves | 133 | €31,315 | €31,315 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€15,127 | -€15,127 | |
| Amounts payable | 17/49 | €210,445 | €388,126 | +€177,680 | +84.4% |
| Amounts payable after more than one year | 17 | €82,297 | €126,114 | +€43,817 | +53.2% |
| Financial debts | 170/4 | €82,297 | €126,114 | +€43,817 | +53.2% |
| Amounts payable within one year | 42/48 | €128,148 | €262,011 | +€133,863 | +104% |
| Current portion of amounts payable after more than one year | 42 | €22,444 | €45,258 | +€22,814 | +102% |
| Trade debts | 44 | €7,765 | €10,350 | +€2,585 | +33.3% |
| Suppliers | 440/4 | €7,765 | €10,350 | +€2,585 | +33.3% |
| Taxes, remuneration and social security | 45 | €8,459 | €6,477 | -€1,982 | -23.4% |
| Taxes | 450/3 | €6,433 | €6,477 | +€44 | +0.7% |
| Remuneration and social security | 454/9 | €2,026 | - | -€2,026 | |
| Other amounts payable | 47/48 | €89,479 | €199,925 | +€110,446 | +123% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,362 | €66,409 | +€20,047 | +43.2% |
| Other operating charges | 640/8 | €2,084 | €543 | -€1,541 | -73.9% |
| Gross operating margin | 9900 | €91,613 | €58,574 | -€33,039 | -36.1% |
| Operating profit (loss) | 9901 | €43,167 | -€8,377 | -€51,545 | |
| Financial income | 75/76B | €12 | €286 | +€274 | +2,302% |
| Recurring financial income | 75 | €12 | €286 | +€274 | +2,302% |
| Financial charges | 65/66B | €5,809 | €7,036 | +€1,227 | +21.1% |
| Recurring financial charges | 65 | €5,809 | €7,036 | +€1,227 | +21.1% |
| Profit (loss) for the period before taxes | 9903 | €37,370 | -€15,127 | -€52,498 | |
| Income taxes | 67/77 | €6,055 | - | -€6,055 | |
| Profit (loss) for the period | 9904 | €31,315 | -€15,127 | -€46,443 | |
| Profit (loss) for the period to be appropriated | 9905 | €31,315 | -€15,127 | -€46,443 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.