KREAFOX: 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.
KREAFOX
Largest movements
- Financial fixed assets -€114,625
down €114,625 (-65.5%), from €175,000 to €60,375
- Receivables within one year +€16,637
up €16,637 (+244%), from €6,809 to €23,446
of which Trade receivables: +€8,633
- Cash +€12,568
up €12,568 (+964%), from €1,303 to €13,872
mainly Investment in fixed assets (net) (+€114,625) and Net result for the year (+€26,603)
- Debts after one year -€54,822
down €54,822 (-100%), from €54,822 to €0
- Other debts -€30,349
down €30,349 (-100%), from €30,349 to €0
- Current portion of long-term debt -€28,396
down €28,396 (-100%), from €28,396 to €0
- Reserves +€26,603
up €26,603 (+41.4%), from €64,309 to €90,912
- Trade debts +€2,354
up €2,354, from €0 to €2,354
- Gross operating margin -€39,090
down €39,090 (-89.3%), from €43,757 to €4,667
- Financial income +€29,506
up €29,506 (+19,788%), from €149 to €29,655
- Taxes -€7,347
down €7,347 (-65.0%), from €11,297 to €3,951
- Financial charges -€1,660
down €1,660 (-33.8%), from €4,916 to €3,256
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.
Derived cash bridge
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 | €183,113 | €97,704 | -€85,408 | -46.6% |
| Fixed assets | 21/28 | €175,000 | €60,375 | -€114,625 | -65.5% |
| Financial fixed assets | 28 | €175,000 | €60,375 | -€114,625 | -65.5% |
| Current assets | 29/58 | €8,113 | €37,329 | +€29,217 | +360% |
| Amounts receivable within one year | 40/41 | €6,809 | €23,446 | +€16,637 | +244% |
| Trade receivables | 40 | €4,980 | €13,613 | +€8,633 | +173% |
| Other amounts receivable | 41 | €1,829 | €9,834 | +€8,004 | +438% |
| Cash at bank and in hand | 54/58 | €1,303 | €13,872 | +€12,568 | +964% |
| Deferred charges and accrued income | 490/1 | €0 | €11 | +€11 | |
| Total equity and liabilities | 10/49 | €183,113 | €97,704 | -€85,408 | -46.6% |
| Equity | 10/15 | €67,309 | €93,912 | +€26,603 | +39.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €64,309 | €90,912 | +€26,603 | +41.4% |
| Distributable reserves | 133 | €64,309 | €90,912 | +€26,603 | +41.4% |
| Amounts payable | 17/49 | €115,803 | €3,792 | -€112,012 | -96.7% |
| Amounts payable after more than one year | 17 | €54,822 | €0 | -€54,822 | -100% |
| Financial debts | 170/4 | €54,822 | €0 | -€54,822 | -100% |
| Amounts payable within one year | 42/48 | €60,728 | €3,532 | -€57,196 | -94.2% |
| Current portion of amounts payable after more than one year | 42 | €28,396 | €0 | -€28,396 | -100% |
| Trade debts | 44 | €0 | €2,354 | +€2,354 | |
| Suppliers | 440/4 | €0 | €2,354 | +€2,354 | |
| Taxes, remuneration and social security | 45 | €1,984 | €1,178 | -€806 | -40.6% |
| Taxes | 450/3 | €1,984 | €1,178 | -€806 | -40.6% |
| Other amounts payable | 47/48 | €30,349 | €0 | -€30,349 | -100% |
| Accrued charges and deferred income | 492/3 | €253 | €260 | +€7 | +2.8% |
| Other operating charges | 640/8 | €499 | €513 | +€13 | +2.6% |
| Gross operating margin | 9900 | €43,757 | €4,667 | -€39,090 | -89.3% |
| Operating profit (loss) | 9901 | €43,258 | €4,154 | -€39,103 | -90.4% |
| Financial income | 75/76B | €149 | €29,655 | +€29,506 | +19,788% |
| Recurring financial income | 75 | €149 | €29,655 | +€29,506 | +19,788% |
| Financial charges | 65/66B | €4,916 | €3,256 | -€1,660 | -33.8% |
| Recurring financial charges | 65 | €4,916 | €3,256 | -€1,660 | -33.8% |
| Profit (loss) for the period before taxes | 9903 | €38,491 | €30,554 | -€7,937 | -20.6% |
| Income taxes | 67/77 | €11,297 | €3,951 | -€7,347 | -65.0% |
| Profit (loss) for the period | 9904 | €27,193 | €26,603 | -€590 | -2.2% |
| Profit (loss) for the period to be appropriated | 9905 | €27,193 | €26,603 | -€590 | -2.2% |
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 26 October 2026 via checked.be.