KREAVEE: 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.
KREAVEE
Largest movements
- Current investments +€78,529
up €78,529 (+56.5%), from €139,000 to €217,529
- Cash -€46,374
down €46,374 (-37.9%), from €122,386 to €76,012
mainly Current investments (-€78,529) and Contributions, distributions and other (-€26,333)
- Tangible fixed assets -€8,952
down €8,952 (-25.2%), from €35,496 to €26,544
of which Plant, machinery and equipment: -€6,254
- Receivables within one year +€3,894
new in 2025: €3,894
of which Trade receivables: +€3,501
- Reserves +€26,513
up €26,513 (+10.7%), from €248,212 to €274,725
- Staff costs -€13,058
down €13,058 (-13.4%), from €97,704 to €84,646
- Financial income +€7,904
up €7,904 (+876%), from €902 to €8,806
- Taxes +€7,082
up €7,082 (+39.6%), from €17,865 to €24,947
- Financial charges +€6,128
up €6,128 (+470%), from €1,303 to €7,431
- Depreciation -€2,142
down €2,142 (-19.3%), from €11,095 to €8,953
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 | €305,646 | €331,830 | +€26,184 | +8.6% |
| Fixed assets | 21/28 | €38,946 | €29,994 | -€8,952 | -23.0% |
| Tangible fixed assets | 22/27 | €35,496 | €26,544 | -€8,952 | -25.2% |
| Plant, machinery and equipment | 23 | €8,508 | €2,254 | -€6,254 | -73.5% |
| Furniture and vehicles | 24 | €4,356 | €3,204 | -€1,152 | -26.4% |
| Other tangible fixed assets | 26 | €22,632 | €21,086 | -€1,546 | -6.8% |
| Financial fixed assets | 28 | €3,450 | €3,450 | = | 0.0% |
| Current assets | 29/58 | €266,700 | €301,836 | +€35,136 | +13.2% |
| Stocks and contracts in progress | 3 | €4,993 | €3,707 | -€1,286 | -25.8% |
| Stocks | 30/36 | €4,993 | €3,707 | -€1,286 | -25.8% |
| Amounts receivable within one year | 40/41 | - | €3,894 | +€3,894 | |
| Trade receivables | 40 | - | €3,501 | +€3,501 | |
| Other amounts receivable | 41 | - | €393 | +€393 | |
| Current investments | 50/53 | €139,000 | €217,529 | +€78,529 | +56.5% |
| Cash at bank and in hand | 54/58 | €122,386 | €76,012 | -€46,374 | -37.9% |
| Deferred charges and accrued income | 490/1 | €321 | €694 | +€373 | +116% |
| Total equity and liabilities | 10/49 | €305,646 | €331,830 | +€26,184 | +8.6% |
| Equity | 10/15 | €266,812 | €293,325 | +€26,513 | +9.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €248,212 | €274,725 | +€26,513 | +10.7% |
| Distributable reserves | 133 | €248,212 | €274,725 | +€26,513 | +10.7% |
| Amounts payable | 17/49 | €38,834 | €38,505 | -€329 | -0.8% |
| Amounts payable within one year | 42/48 | €38,834 | €38,505 | -€329 | -0.8% |
| Trade debts | 44 | €4,213 | €5,922 | +€1,709 | +40.6% |
| Suppliers | 440/4 | €4,213 | €5,922 | +€1,709 | +40.6% |
| Taxes, remuneration and social security | 45 | €32,293 | €32,583 | +€290 | +0.9% |
| Taxes | 450/3 | €20,113 | €27,849 | +€7,736 | +38.5% |
| Remuneration and social security | 454/9 | €12,180 | €4,734 | -€7,446 | -61.1% |
| Other amounts payable | 47/48 | €2,328 | - | -€2,328 | |
| Remuneration, social security and pensions | 62 | €97,704 | €84,646 | -€13,058 | -13.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,095 | €8,953 | -€2,142 | -19.3% |
| Other operating charges | 640/8 | €2,137 | €1,545 | -€592 | -27.7% |
| Gross operating margin | 9900 | €170,655 | €171,562 | +€907 | +0.5% |
| Operating profit (loss) | 9901 | €59,719 | €76,418 | +€16,699 | +28.0% |
| Financial income | 75/76B | €902 | €8,806 | +€7,904 | +876% |
| Recurring financial income | 75 | €902 | €8,806 | +€7,904 | +876% |
| Financial charges | 65/66B | €1,303 | €7,431 | +€6,128 | +470% |
| Recurring financial charges | 65 | €1,303 | €7,431 | +€6,128 | +470% |
| Profit (loss) for the period before taxes | 9903 | €59,318 | €77,793 | +€18,475 | +31.1% |
| Income taxes | 67/77 | €17,865 | €24,947 | +€7,082 | +39.6% |
| Profit (loss) for the period | 9904 | €41,453 | €52,846 | +€11,393 | +27.5% |
| Profit (loss) for the period to be appropriated | 9905 | €41,453 | €52,846 | +€11,393 | +27.5% |
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 15 October 2026 via checked.be.