KREAFARMA: 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.
KREAFARMA
Largest movements
- Receivables within one year +€70,016
up €70,016 (+360.0%), from €19,450 to €89,466
of which Trade receivables: +€40,000
- Cash -€21,917
down €21,917 (-55.3%), from €39,638 to €17,722
mainly Debts after one year (-€84,495) and Receivables within one year (-€70,016)
- Reserves +€118,249
up €118,249 (+33.5%), from €353,368 to €471,617
- Debts after one year -€84,495
down €84,495 (-14.4%), from €588,059 to €503,564
- Gross operating margin +€39,711
up €39,711 (+27.9%), from €142,552 to €182,263
- Taxes +€10,596
up €10,596 (+35.7%), from €29,703 to €40,299
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 | €2,043,791 | €2,091,891 | +€48,100 | +2.4% |
| Fixed assets | 21/28 | €1,984,703 | €1,984,703 | = | 0.0% |
| Financial fixed assets | 28 | €1,984,703 | €1,984,703 | = | 0.0% |
| Current assets | 29/58 | €59,088 | €107,188 | +€48,100 | +81.4% |
| Amounts receivable within one year | 40/41 | €19,450 | €89,466 | +€70,016 | +360.0% |
| Trade receivables | 40 | €18,150 | €58,150 | +€40,000 | +220.4% |
| Other amounts receivable | 41 | €1,300 | €31,316 | +€30,016 | +2309.7% |
| Cash at bank and in hand | 54/58 | €39,638 | €17,722 | -€21,917 | -55.3% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €2,043,791 | €2,091,891 | +€48,100 | +2.4% |
| Equity | 10/15 | €453,368 | €571,617 | +€118,249 | +26.1% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €353,368 | €471,617 | +€118,249 | +33.5% |
| Distributable reserves | 133 | €353,368 | €471,617 | +€118,249 | +33.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,590,423 | €1,520,274 | -€70,149 | -4.4% |
| Amounts payable after more than one year | 17 | €588,059 | €503,564 | -€84,495 | -14.4% |
| Financial debts | 170/4 | €588,059 | €503,564 | -€84,495 | -14.4% |
| Amounts payable within one year | 42/48 | €1,001,165 | €1,015,825 | +€14,661 | +1.5% |
| Current portion of amounts payable after more than one year | 42 | €84,330 | €84,495 | +€165 | +0.2% |
| Trade debts | 44 | €6,357 | €6,115 | -€242 | -3.8% |
| Suppliers | 440/4 | €6,357 | €6,115 | -€242 | -3.8% |
| Taxes, remuneration and social security | 45 | €12,487 | €21,541 | +€9,054 | +72.5% |
| Taxes | 450/3 | €12,487 | €21,541 | +€9,054 | +72.5% |
| Other amounts payable | 47/48 | €897,991 | €903,674 | +€5,683 | +0.6% |
| Accrued charges and deferred income | 492/3 | €1,200 | €885 | -€315 | -26.3% |
| Other operating charges | 640/8 | €1,086 | €1,118 | +€33 | +3.0% |
| Gross operating margin | 9900 | €142,552 | €182,263 | +€39,711 | +27.9% |
| Operating profit (loss) | 9901 | €141,466 | €181,145 | +€39,678 | +28.0% |
| Financial charges | 65/66B | €22,655 | €21,764 | -€891 | -3.9% |
| Recurring financial charges | 65 | €22,655 | €21,764 | -€891 | -3.9% |
| Profit (loss) for the period before taxes | 9903 | €118,812 | €159,381 | +€40,569 | +34.1% |
| Income taxes | 67/77 | €29,703 | €40,299 | +€10,596 | +35.7% |
| Profit (loss) for the period | 9904 | €89,109 | €119,082 | +€29,973 | +33.6% |
| Profit (loss) for the period to be appropriated | 9905 | €89,109 | €119,082 | +€29,973 | +33.6% |
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 12 October 2026 via checked.be.