KREBI: 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.
KREBI
Largest movements
- Cash -€27,717
down €27,717 (-61.1%), from €45,391 to €17,674
mainly Receivables within one year (-€23,082) and Investment in fixed assets (net) (-€10,829)
- Receivables within one year +€23,082
up €23,082 (+58.9%), from €39,165 to €62,247
of which Other amounts receivable: +€22,771
- Tangible fixed assets +€7,733
up €7,733 (+127%), from €6,087 to €13,820
of which Other tangible fixed assets: +€6,396
- Stocks and contracts +€2,788
up €2,788 (+66.0%), from €4,224 to €7,012
- Reserves +€22,652
up €22,652 (+39.2%), from €57,840 to €80,492
- Trade debts -€8,913
down €8,913 (-63.3%), from €14,073 to €5,160
- Tax, wage and social debts -€4,530
down €4,530 (-31.4%), from €14,428 to €9,898
of which Taxes: -€3,947
- Other debts -€3,529
down €3,529 (-69.4%), from €5,086 to €1,557
- Staff costs +€18,499
up €18,499 (+29.1%), from €63,624 to €82,123
- Gross operating margin +€7,320
up €7,320 (+6.6%), from €111,113 to €118,433
- Taxes -€4,367
down €4,367 (-32.6%), from €13,386 to €9,018
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 | €97,851 | €103,799 | +€5,947 | +6.1% |
| Fixed assets | 21/28 | €6,087 | €13,820 | +€7,733 | +127% |
| Tangible fixed assets | 22/27 | €6,087 | €13,820 | +€7,733 | +127% |
| Plant, machinery and equipment | 23 | - | €2,618 | +€2,618 | |
| Furniture and vehicles | 24 | €5,046 | €3,765 | -€1,281 | -25.4% |
| Other tangible fixed assets | 26 | €1,041 | €7,437 | +€6,396 | +614% |
| Current assets | 29/58 | €91,764 | €89,978 | -€1,786 | -1.9% |
| Stocks and contracts in progress | 3 | €4,224 | €7,012 | +€2,788 | +66.0% |
| Stocks | 30/36 | €4,224 | €7,012 | +€2,788 | +66.0% |
| Amounts receivable within one year | 40/41 | €39,165 | €62,247 | +€23,082 | +58.9% |
| Trade receivables | 40 | €506 | €818 | +€311 | +61.5% |
| Other amounts receivable | 41 | €38,659 | €61,430 | +€22,771 | +58.9% |
| Cash at bank and in hand | 54/58 | €45,391 | €17,674 | -€27,717 | -61.1% |
| Deferred charges and accrued income | 490/1 | €2,984 | €3,045 | +€61 | +2.0% |
| Total equity and liabilities | 10/49 | €97,851 | €103,799 | +€5,947 | +6.1% |
| Equity | 10/15 | €64,040 | €86,692 | +€22,652 | +35.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €57,840 | €80,492 | +€22,652 | +39.2% |
| Distributable reserves | 133 | €57,840 | €80,492 | +€22,652 | +39.2% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €33,811 | €17,107 | -€16,705 | -49.4% |
| Amounts payable within one year | 42/48 | €33,586 | €16,615 | -€16,972 | -50.5% |
| Trade debts | 44 | €14,073 | €5,160 | -€8,913 | -63.3% |
| Suppliers | 440/4 | €14,073 | €5,160 | -€8,913 | -63.3% |
| Taxes, remuneration and social security | 45 | €14,428 | €9,898 | -€4,530 | -31.4% |
| Taxes | 450/3 | €6,170 | €2,223 | -€3,947 | -64.0% |
| Remuneration and social security | 454/9 | €8,258 | €7,675 | -€583 | -7.1% |
| Other amounts payable | 47/48 | €5,086 | €1,557 | -€3,529 | -69.4% |
| Accrued charges and deferred income | 492/3 | €225 | €492 | +€267 | +119% |
| Remuneration, social security and pensions | 62 | €63,624 | €82,123 | +€18,499 | +29.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,971 | €3,096 | +€1,124 | +57.0% |
| Other operating charges | 640/8 | €1,036 | €662 | -€375 | -36.1% |
| Gross operating margin | 9900 | €111,113 | €118,433 | +€7,320 | +6.6% |
| Operating profit (loss) | 9901 | €44,481 | €32,553 | -€11,928 | -26.8% |
| Financial income | 75/76B | €2,060 | €1,721 | -€339 | -16.4% |
| Recurring financial income | 75 | €2,060 | €1,721 | -€339 | -16.4% |
| Financial charges | 65/66B | €2,299 | €2,604 | +€305 | +13.3% |
| Recurring financial charges | 65 | €2,299 | €2,604 | +€305 | +13.3% |
| Profit (loss) for the period before taxes | 9903 | €44,242 | €31,670 | -€12,572 | -28.4% |
| Income taxes | 67/77 | €13,386 | €9,018 | -€4,367 | -32.6% |
| Profit (loss) for the period | 9904 | €30,857 | €22,652 | -€8,205 | -26.6% |
| Profit (loss) for the period to be appropriated | 9905 | €30,857 | €22,652 | -€8,205 | -26.6% |
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 23 October 2026 via checked.be.