KRC Trading: 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.
KRC Trading
Largest movements
- Tangible fixed assets -€23,774
down €23,774 (-20.8%), from €114,076 to €90,302
of which Furniture and vehicles: -€22,231
- Cash +€3,923
up €3,923 (+117%), from €3,365 to €7,288
mainly Depreciation (+€26,904) and Net result for the year (+€4,147)
- Receivables within one year -€1,392
down €1,392 (-22.2%), from €6,275 to €4,883
of which Other amounts receivable: -€1,795
- Other debts -€29,734
down €29,734 (-31.4%), from €94,739 to €65,005
- Profit (loss) carried forward +€4,147
up €4,147 (+25.0%), from €16,611 to €20,758
- Tax, wage and social debts +€2,736
up €2,736 (+60.4%), from €4,533 to €7,269
of which Taxes: +€2,379
- Depreciation +€12,263
up €12,263 (+83.8%), from €14,640 to €26,904
- Gross operating margin +€11,694
up €11,694 (+20.6%), from €56,709 to €68,403
- Staff costs +€5,104
up €5,104 (+18.5%), from €27,528 to €32,632
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.
Derived cash bridge
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 | €126,226 | €104,268 | -€21,958 | -17.4% |
| Fixed assets | 21/28 | €114,076 | €90,302 | -€23,774 | -20.8% |
| Tangible fixed assets | 22/27 | €114,076 | €90,302 | -€23,774 | -20.8% |
| Plant, machinery and equipment | 23 | €6,243 | €4,700 | -€1,543 | -24.7% |
| Furniture and vehicles | 24 | €107,833 | €85,601 | -€22,231 | -20.6% |
| Current assets | 29/58 | €12,151 | €13,967 | +€1,816 | +14.9% |
| Stocks and contracts in progress | 3 | €2,511 | €1,796 | -€715 | -28.5% |
| Stocks | 30/36 | €2,511 | €1,796 | -€715 | -28.5% |
| Amounts receivable within one year | 40/41 | €6,275 | €4,883 | -€1,392 | -22.2% |
| Trade receivables | 40 | €1,346 | €1,749 | +€403 | +29.9% |
| Other amounts receivable | 41 | €4,929 | €3,134 | -€1,795 | -36.4% |
| Cash at bank and in hand | 54/58 | €3,365 | €7,288 | +€3,923 | +117% |
| Total equity and liabilities | 10/49 | €126,226 | €104,268 | -€21,958 | -17.4% |
| Equity | 10/15 | €24,671 | €28,818 | +€4,147 | +16.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,611 | €20,758 | +€4,147 | +25.0% |
| Amounts payable | 17/49 | €101,555 | €75,450 | -€26,105 | -25.7% |
| Amounts payable within one year | 42/48 | €101,555 | €75,450 | -€26,105 | -25.7% |
| Trade debts | 44 | €2,283 | €3,176 | +€894 | +39.1% |
| Suppliers | 440/4 | €2,283 | €3,176 | +€894 | +39.1% |
| Taxes, remuneration and social security | 45 | €4,533 | €7,269 | +€2,736 | +60.4% |
| Taxes | 450/3 | €1,890 | €4,269 | +€2,379 | +126% |
| Remuneration and social security | 454/9 | €2,643 | €3,000 | +€357 | +13.5% |
| Other amounts payable | 47/48 | €94,739 | €65,005 | -€29,734 | -31.4% |
| Non-recurring operating income | 76A | €96 | €80 | -€16 | -16.4% |
| Remuneration, social security and pensions | 62 | €27,528 | €32,632 | +€5,104 | +18.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,640 | €26,904 | +€12,263 | +83.8% |
| Other operating charges | 640/8 | €2,230 | €2,422 | +€192 | +8.6% |
| Non-recurring operating charges | 66A | €4,146 | €14 | -€4,132 | -99.7% |
| Gross operating margin | 9900 | €56,709 | €68,403 | +€11,694 | +20.6% |
| Operating profit (loss) | 9901 | €8,165 | €6,432 | -€1,733 | -21.2% |
| Financial charges | 65/66B | €369 | €566 | +€197 | +53.4% |
| Recurring financial charges | 65 | €369 | €566 | +€197 | +53.4% |
| Profit (loss) for the period before taxes | 9903 | €7,796 | €5,865 | -€1,930 | -24.8% |
| Income taxes | 67/77 | €1,435 | €1,718 | +€284 | +19.8% |
| Profit (loss) for the period | 9904 | €6,361 | €4,147 | -€2,214 | -34.8% |
| Profit (loss) for the period to be appropriated | 9905 | €6,361 | €4,147 | -€2,214 | -34.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.