KREALIE: 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.
KREALIE
Largest movements
- Cash -€9,934
down €9,934 (-93.5%), from €10,623 to €689
mainly Debts after one year (-€21,029) and Current portion of long-term debt (-€5,207)
- Tangible fixed assets -€4,662
down €4,662 (-46.2%), from €10,090 to €5,428
- Debts after one year -€21,029
down €21,029 (-28.0%), from €75,058 to €54,029
- Reserves +€20,868
up €20,868 (+58.1%), from €35,922 to €56,790
- Current portion of long-term debt -€5,207
down €5,207 (-19.0%), from €27,379 to €22,172
- Other debts -€3,887
down €3,887 (-9.4%), from €41,528 to €37,641
- Tax, wage and social debts -€3,601
down €3,601 (-48.0%), from €7,505 to €3,904
- Gross operating margin +€8,496
up €8,496 (+24.6%), from €34,510 to €43,005
- Depreciation -€6,349
down €6,349 (-83.0%), from €7,646 to €1,297
- Taxes +€4,068
up €4,068 (+65.4%), from €6,223 to €10,291
- Staff costs +€1,676
up €1,676 (+76.4%), from €2,194 to €3,870
- Financial charges +€479
up €479 (+9.0%), from €5,322 to €5,801
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 | €202,550 | €188,131 | -€14,419 | -7.1% |
| Fixed assets | 21/28 | €190,090 | €185,428 | -€4,662 | -2.5% |
| Tangible fixed assets | 22/27 | €10,090 | €5,428 | -€4,662 | -46.2% |
| Furniture and vehicles | 24 | €10,090 | €5,428 | -€4,662 | -46.2% |
| Financial fixed assets | 28 | €180,000 | €180,000 | = | 0.0% |
| Current assets | 29/58 | €12,461 | €2,703 | -€9,757 | -78.3% |
| Amounts receivable within one year | 40/41 | €559 | €1,505 | +€946 | +169% |
| Trade receivables | 40 | €559 | €1,094 | +€535 | +95.7% |
| Other amounts receivable | 41 | €0 | €411 | +€411 | |
| Cash at bank and in hand | 54/58 | €10,623 | €689 | -€9,934 | -93.5% |
| Deferred charges and accrued income | 490/1 | €1,279 | €510 | -€769 | -60.1% |
| Total equity and liabilities | 10/49 | €202,550 | €188,131 | -€14,419 | -7.1% |
| Equity | 10/15 | €42,122 | €62,990 | +€20,868 | +49.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €35,922 | €56,790 | +€20,868 | +58.1% |
| Distributable reserves | 133 | €35,922 | €56,790 | +€20,868 | +58.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €160,429 | €125,141 | -€35,287 | -22.0% |
| Amounts payable after more than one year | 17 | €75,058 | €54,029 | -€21,029 | -28.0% |
| Financial debts | 170/4 | €75,058 | €54,029 | -€21,029 | -28.0% |
| Amounts payable within one year | 42/48 | €85,028 | €70,876 | -€14,153 | -16.6% |
| Current portion of amounts payable after more than one year | 42 | €27,379 | €22,172 | -€5,207 | -19.0% |
| Financial debts | 43 | €6,663 | €6,022 | -€641 | -9.6% |
| Credit institutions | 430/8 | €6,663 | €6,022 | -€641 | -9.6% |
| Trade debts | 44 | €1,953 | €1,136 | -€817 | -41.8% |
| Suppliers | 440/4 | €1,953 | €1,136 | -€817 | -41.8% |
| Taxes, remuneration and social security | 45 | €7,505 | €3,904 | -€3,601 | -48.0% |
| Taxes | 450/3 | €7,505 | €3,904 | -€3,601 | -48.0% |
| Other amounts payable | 47/48 | €41,528 | €37,641 | -€3,887 | -9.4% |
| Accrued charges and deferred income | 492/3 | €342 | €237 | -€105 | -30.7% |
| Non-recurring operating income | 76A | - | €6,429 | +€6,429 | |
| Remuneration, social security and pensions | 62 | €2,194 | €3,870 | +€1,676 | +76.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,646 | €1,297 | -€6,349 | -83.0% |
| Other operating charges | 640/8 | €1,089 | €950 | -€139 | -12.8% |
| Gross operating margin | 9900 | €34,510 | €43,005 | +€8,496 | +24.6% |
| Operating profit (loss) | 9901 | €23,580 | €36,888 | +€13,308 | +56.4% |
| Financial income | 75/76B | €63 | €72 | +€9 | +14.2% |
| Recurring financial income | 75 | €63 | €72 | +€9 | +14.2% |
| Financial charges | 65/66B | €5,322 | €5,801 | +€479 | +9.0% |
| Recurring financial charges | 65 | €5,322 | €5,801 | +€479 | +9.0% |
| Profit (loss) for the period before taxes | 9903 | €18,321 | €31,159 | +€12,838 | +70.1% |
| Income taxes | 67/77 | €6,223 | €10,291 | +€4,068 | +65.4% |
| Profit (loss) for the period | 9904 | €12,098 | €20,868 | +€8,770 | +72.5% |
| Profit (loss) for the period to be appropriated | 9905 | €12,098 | €20,868 | +€8,770 | +72.5% |
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 25 October 2026 via checked.be.