KREATOS: 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.
KREATOS
Largest movements
- Tangible fixed assets -€78,479
down €78,479 (-5.0%), from €1.6m to €1.5m
of which Land and buildings: -€65,813
- Debts after one year -€60,200
down €60,200 (-8.4%), from €714,359 to €654,160
- Reserves -€24,517
down €24,517 (-1.5%), from €1.6m to €1.6m
of which Distributable reserves: -€24,517
- Financial charges +€67,408
up €67,408, from -€24,133 to €43,275
- Financial income +€15,646
up €15,646 (+97.5%), from €16,045 to €31,691
- Gross operating margin +€12,328
up €12,328 (+19.2%), from €64,370 to €76,698
- Depreciation -€4,065
down €4,065 (-4.9%), from €83,753 to €79,688
- Taxes -€887
down €887 (-68.0%), from €1,305 to €418
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 | €2,407,717 | €2,323,480 | -€84,237 | -3.5% |
| Fixed assets | 21/28 | €1,566,273 | €1,487,794 | -€78,479 | -5.0% |
| Tangible fixed assets | 22/27 | €1,561,047 | €1,482,567 | -€78,479 | -5.0% |
| Land and buildings | 22 | €1,533,941 | €1,468,127 | -€65,813 | -4.3% |
| Furniture and vehicles | 24 | €27,106 | €14,440 | -€12,666 | -46.7% |
| Financial fixed assets | 28 | €5,227 | €5,227 | = | 0.0% |
| Current assets | 29/58 | €841,444 | €835,686 | -€5,758 | -0.7% |
| Amounts receivable within one year | 40/41 | €56,138 | €50,710 | -€5,428 | -9.7% |
| Trade receivables | 40 | - | €25,711 | +€25,711 | |
| Other amounts receivable | 41 | €56,138 | €24,999 | -€31,139 | -55.5% |
| Current investments | 50/53 | €713,472 | €736,010 | +€22,538 | +3.2% |
| Cash at bank and in hand | 54/58 | €69,769 | €47,048 | -€22,721 | -32.6% |
| Deferred charges and accrued income | 490/1 | €2,065 | €1,918 | -€147 | -7.1% |
| Total equity and liabilities | 10/49 | €2,407,717 | €2,323,480 | -€84,237 | -3.5% |
| Equity | 10/15 | €1,674,941 | €1,650,424 | -€24,517 | -1.5% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €1,612,941 | €1,588,424 | -€24,517 | -1.5% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €1,606,741 | €1,582,224 | -€24,517 | -1.5% |
| Amounts payable | 17/49 | €732,776 | €673,056 | -€59,720 | -8.1% |
| Amounts payable after more than one year | 17 | €714,359 | €654,160 | -€60,200 | -8.4% |
| Other amounts payable | 178/9 | €714,359 | €654,160 | -€60,200 | -8.4% |
| Amounts payable within one year | 42/48 | €18,417 | €18,897 | +€479 | +2.6% |
| Trade debts | 44 | €16,905 | €17,367 | +€462 | +2.7% |
| Suppliers | 440/4 | €16,905 | €17,367 | +€462 | +2.7% |
| Taxes, remuneration and social security | 45 | €1,512 | €1,530 | +€17 | +1.1% |
| Taxes | 450/3 | €1,512 | €1,530 | +€17 | +1.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €83,753 | €79,688 | -€4,065 | -4.9% |
| Other operating charges | 640/8 | €10,382 | €9,525 | -€858 | -8.3% |
| Gross operating margin | 9900 | €64,370 | €76,698 | +€12,328 | +19.2% |
| Operating profit (loss) | 9901 | -€29,765 | -€12,515 | +€17,250 | +58.0% |
| Financial income | 75/76B | €16,045 | €31,691 | +€15,646 | +97.5% |
| Recurring financial income | 75 | €16,045 | €31,691 | +€15,646 | +97.5% |
| Financial charges | 65/66B | -€24,133 | €43,275 | +€67,408 | |
| Recurring financial charges | 65 | -€24,133 | €43,275 | +€67,408 | |
| Profit (loss) for the period before taxes | 9903 | €10,413 | -€24,099 | -€34,512 | |
| Income taxes | 67/77 | €1,305 | €418 | -€887 | -68.0% |
| Profit (loss) for the period | 9904 | €9,107 | -€24,517 | -€33,624 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,107 | -€24,517 | -€33,624 |
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 18 October 2026 via checked.be.