KREAMAT: 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.
KREAMAT
Largest movements
- Cash +€353,426
up €353,426 (+302.7%), from €116,765 to €470,191
mainly Stocks and contracts (+€197,839) and Net result for the year (+€162,319)
- Stocks and contracts -€197,839
down €197,839 (-13.1%), from €1.5m to €1.3m
- Receivables within one year -€93,136
down €93,136 (-14.3%), from €652,029 to €558,893
of which Trade receivables: -€101,810
- Tangible fixed assets -€58,921
down €58,921 (-6.0%), from €984,047 to €925,126
of which Land and buildings: -€71,908
- Intangible fixed assets -€45,000
no longer reported in 2025 (was €45,000)
- Debts after one year -€261,476
down €261,476 (-21.7%), from €1.2m to €944,309
- Profit (loss) carried forward +€162,319
up €162,319 (+40.9%), from -€397,005 to -€234,686
- Trade debts -€152,965
down €152,965 (-38.3%), from €399,828 to €246,863
- Current portion of long-term debt +€145,353
up €145,353 (+55.1%), from €263,667 to €409,020
- Short-term financial debts +€48,050
new in 2025: €48,050
- Gross operating margin +€329,805
up €329,805 (+33.7%), from €977,914 to €1.3m
- Staff costs +€84,180
up €84,180 (+12.6%), from €670,568 to €754,747
- Financial charges +€79,230
up €79,230 (+59.4%), from €133,383 to €212,613
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 | €3,343,659 | €3,306,733 | -€36,926 | -1.1% |
| Fixed assets | 21/28 | €1,029,840 | €925,920 | -€103,921 | -10.1% |
| Intangible fixed assets | 21 | €45,000 | - | -€45,000 | |
| Tangible fixed assets | 22/27 | €984,047 | €925,126 | -€58,921 | -6.0% |
| Land and buildings | 22 | €883,821 | €811,913 | -€71,908 | -8.1% |
| Plant, machinery and equipment | 23 | €46,738 | €52,724 | +€5,986 | +12.8% |
| Furniture and vehicles | 24 | €2,063 | €14,998 | +€12,935 | +627.1% |
| Leasing and similar rights | 25 | €51,425 | €45,491 | -€5,934 | -11.5% |
| Financial fixed assets | 28 | €794 | €794 | = | 0.0% |
| Current assets | 29/58 | €2,313,818 | €2,380,813 | +€66,995 | +2.9% |
| Stocks and contracts in progress | 3 | €1,509,850 | €1,312,011 | -€197,839 | -13.1% |
| Stocks | 30/36 | €1,509,850 | €1,312,011 | -€197,839 | -13.1% |
| Amounts receivable within one year | 40/41 | €652,029 | €558,893 | -€93,136 | -14.3% |
| Trade receivables | 40 | €616,894 | €515,084 | -€101,810 | -16.5% |
| Other amounts receivable | 41 | €35,135 | €43,809 | +€8,674 | +24.7% |
| Current investments | 50/53 | €899 | €899 | -€0 | 0.0% |
| Cash at bank and in hand | 54/58 | €116,765 | €470,191 | +€353,426 | +302.7% |
| Deferred charges and accrued income | 490/1 | €34,275 | €38,819 | +€4,544 | +13.3% |
| Total equity and liabilities | 10/49 | €3,343,659 | €3,306,733 | -€36,926 | -1.1% |
| Equity | 10/15 | €1,058,205 | €1,220,524 | +€162,319 | +15.3% |
| Contributions | 10/11 | €253,917 | €253,917 | = | 0.0% |
| Capital | 10 | €250,000 | €250,000 | = | 0.0% |
| Issued capital | 100 | €250,000 | €250,000 | = | 0.0% |
| Outside capital | 11 | €3,917 | €3,917 | = | 0.0% |
| Share premium | 1100/10 | €3,917 | €3,917 | = | 0.0% |
| Reserves | 13 | €1,201,293 | €1,201,293 | = | 0.0% |
| Non-distributable reserves | 130/1 | €25,000 | €25,000 | = | 0.0% |
| Legal reserve | 130 | €25,000 | €25,000 | = | 0.0% |
| Distributable reserves | 133 | €1,176,293 | €1,176,293 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€397,005 | -€234,686 | +€162,319 | +40.9% |
| Amounts payable | 17/49 | €2,285,454 | €2,086,209 | -€199,245 | -8.7% |
| Amounts payable after more than one year | 17 | €1,205,784 | €944,309 | -€261,476 | -21.7% |
| Financial debts | 170/4 | €1,205,784 | €944,309 | -€261,476 | -21.7% |
| Amounts payable within one year | 42/48 | €1,076,316 | €1,134,547 | +€58,231 | +5.4% |
| Current portion of amounts payable after more than one year | 42 | €263,667 | €409,020 | +€145,353 | +55.1% |
| Financial debts | 43 | - | €48,050 | +€48,050 | |
| Credit institutions | 430/8 | - | €48,050 | +€48,050 | |
| Trade debts | 44 | €399,828 | €246,863 | -€152,965 | -38.3% |
| Suppliers | 440/4 | €399,828 | €246,863 | -€152,965 | -38.3% |
| Taxes, remuneration and social security | 45 | €139,607 | €177,201 | +€37,594 | +26.9% |
| Taxes | 450/3 | €55,618 | €60,320 | +€4,702 | +8.5% |
| Remuneration and social security | 454/9 | €83,989 | €116,881 | +€32,892 | +39.2% |
| Other amounts payable | 47/48 | €273,213 | €253,413 | -€19,801 | -7.2% |
| Accrued charges and deferred income | 492/3 | €3,353 | €7,353 | +€4,000 | +119.3% |
| Non-recurring operating income | 76A | €7,905 | €9,244 | +€1,339 | +16.9% |
| Remuneration, social security and pensions | 62 | €670,568 | €754,747 | +€84,180 | +12.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €134,033 | €130,753 | -€3,280 | -2.4% |
| Other operating charges | 640/8 | €38,671 | €50,577 | +€11,905 | +30.8% |
| Non-recurring operating charges | 66A | - | €2,272 | +€2,272 | |
| Gross operating margin | 9900 | €977,914 | €1,307,719 | +€329,805 | +33.7% |
| Operating profit (loss) | 9901 | €134,642 | €369,370 | +€234,727 | +174.3% |
| Financial income | 75/76B | €8,585 | €8,570 | -€15 | -0.2% |
| Recurring financial income | 75 | €8,585 | €8,570 | -€15 | -0.2% |
| Financial charges | 65/66B | €133,383 | €212,613 | +€79,230 | +59.4% |
| Recurring financial charges | 65 | €133,383 | €212,613 | +€79,230 | +59.4% |
| Profit (loss) for the period before taxes | 9903 | €9,845 | €165,327 | +€155,482 | +1579.4% |
| Income taxes | 67/77 | €3,268 | €3,008 | -€260 | -8.0% |
| Profit (loss) for the period | 9904 | €6,577 | €162,319 | +€155,742 | +2368.1% |
| Profit (loss) for the period to be appropriated | 9905 | €6,577 | €162,319 | +€155,742 | +2368.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.