KREADOBO: 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.
KREADOBO
Largest movements
- Tangible fixed assets -€3,411
down €3,411 (-42.5%), from €8,029 to €4,618
of which Plant, machinery and equipment: -€2,098
- Cash -€2,004
down €2,004 (-38.2%), from €5,245 to €3,241
mainly Net result for the year (-€6,503) and Receivables within one year (-€1,688)
- Receivables within one year +€1,688
up €1,688 (+46.3%), from €3,646 to €5,334
of which Other amounts receivable: +€3,310
- Stocks and contracts -€767
down €767 (-30.7%), from €2,496 to €1,729
- Financial fixed assets +€579
up €579 (+13.7%), from €4,234 to €4,813
- Profit (loss) carried forward -€6,503
down €6,503 (-23.1%), from -€28,128 to -€34,631
- Trade debts +€1,837
up €1,837 (+15.0%), from €12,248 to €14,084
- Tax, wage and social debts +€503
up €503 (+2.3%), from €22,169 to €22,673
of which Remuneration and social security: +€279
No income-statement line moved by more than 1% of the activity.
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €25,821 | €21,915 | -€3,906 | -15.1% |
| Fixed assets | 21/28 | €12,263 | €9,431 | -€2,832 | -23.1% |
| Tangible fixed assets | 22/27 | €8,029 | €4,618 | -€3,411 | -42.5% |
| Plant, machinery and equipment | 23 | €5,078 | €2,981 | -€2,098 | -41.3% |
| Furniture and vehicles | 24 | €2,951 | €1,637 | -€1,313 | -44.5% |
| Financial fixed assets | 28 | €4,234 | €4,813 | +€579 | +13.7% |
| Current assets | 29/58 | €13,558 | €12,484 | -€1,074 | -7.9% |
| Stocks and contracts in progress | 3 | €2,496 | €1,729 | -€767 | -30.7% |
| Stocks | 30/36 | €2,496 | €1,729 | -€767 | -30.7% |
| Amounts receivable within one year | 40/41 | €3,646 | €5,334 | +€1,688 | +46.3% |
| Trade receivables | 40 | €3,612 | €1,990 | -€1,622 | -44.9% |
| Other amounts receivable | 41 | €34 | €3,344 | +€3,310 | +9819.6% |
| Cash at bank and in hand | 54/58 | €5,245 | €3,241 | -€2,004 | -38.2% |
| Deferred charges and accrued income | 490/1 | €2,170 | €2,180 | +€9 | +0.4% |
| Total equity and liabilities | 10/49 | €25,821 | €21,915 | -€3,906 | -15.1% |
| Equity | 10/15 | -€9,170 | -€15,674 | -€6,503 | -70.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €357 | €357 | = | 0.0% |
| Tax-exempt reserves | 132 | €357 | €357 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€28,128 | -€34,631 | -€6,503 | -23.1% |
| Amounts payable | 17/49 | €34,991 | €37,588 | +€2,597 | +7.4% |
| Amounts payable within one year | 42/48 | €34,417 | €36,757 | +€2,340 | +6.8% |
| Trade debts | 44 | €12,248 | €14,084 | +€1,837 | +15.0% |
| Suppliers | 440/4 | €12,248 | €14,084 | +€1,837 | +15.0% |
| Taxes, remuneration and social security | 45 | €22,169 | €22,673 | +€503 | +2.3% |
| Taxes | 450/3 | €3,762 | €3,986 | +€224 | +6.0% |
| Remuneration and social security | 454/9 | €18,408 | €18,687 | +€279 | +1.5% |
| Accrued charges and deferred income | 492/3 | €574 | €831 | +€257 | +44.8% |
| Remuneration, social security and pensions | 62 | €97,007 | €96,210 | -€797 | -0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,468 | €3,411 | -€57 | -1.6% |
| Other operating charges | 640/8 | €900 | €1,065 | +€165 | +18.3% |
| Gross operating margin | 9900 | €96,959 | €96,076 | -€883 | -0.9% |
| Operating profit (loss) | 9901 | -€4,416 | -€4,611 | -€194 | -4.4% |
| Financial income | 75/76B | €3 | €93 | +€90 | +3069.7% |
| Recurring financial income | 75 | €3 | €93 | +€90 | +3069.7% |
| Financial charges | 65/66B | €1,654 | €1,850 | +€196 | +11.9% |
| Recurring financial charges | 65 | €1,654 | €1,850 | +€196 | +11.9% |
| Profit (loss) for the period before taxes | 9903 | -€6,067 | -€6,367 | -€300 | -4.9% |
| Income taxes | 67/77 | €145 | €136 | -€9 | -5.9% |
| Profit (loss) for the period | 9904 | -€6,212 | -€6,503 | -€291 | -4.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,212 | -€6,503 | -€291 | -4.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.