KREBIS: 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.
KREBIS
Largest movements
- Cash +€19,485
up €19,485 (+29.3%), from €66,527 to €86,013
mainly Net result for the year (+€27,068) and Debts after one year (+€23,770)
- Financial fixed assets +€13,342
up €13,342 (+4447.4%), from €300 to €13,642
- Receivables within one year +€8,907
up €8,907 (+151.3%), from €5,886 to €14,793
of which Trade receivables: +€9,262
- Tangible fixed assets -€7,729
down €7,729 (-75.8%), from €10,190 to €2,461
of which Furniture and vehicles: -€6,935
- Debts after one year +€23,770
up €23,770 (+593.0%), from €4,008 to €27,779
- Reserves -€11,591
down €11,591 (-28.3%), from €41,008 to €29,416
- Tax, wage and social debts +€10,322
up €10,322 (+63.2%), from €16,346 to €26,668
of which Taxes: +€9,863
- Profit (loss) carried forward +€9,228
up €9,228, from -€9,228 to €0
- Current portion of long-term debt +€7,146
up €7,146 (+276.6%), from €2,584 to €9,730
- Staff costs -€35,926
down €35,926 (-25.6%), from €140,073 to €104,147
- Gross operating margin +€9,490
up €9,490 (+7.0%), from €136,151 to €145,641
- Taxes +€8,858
up €8,858 (+47165.5%), from €19 to €8,876
- Financial charges +€3,610
up €3,610 (+429.6%), from €840 to €4,451
- Depreciation -€2,581
down €2,581 (-76.5%), from €3,375 to €794
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 | €91,020 | €125,343 | +€34,323 | +37.7% |
| Fixed assets | 21/28 | €10,490 | €16,103 | +€5,614 | +53.5% |
| Tangible fixed assets | 22/27 | €10,190 | €2,461 | -€7,729 | -75.8% |
| Plant, machinery and equipment | 23 | €1,602 | €1,281 | -€321 | -20.0% |
| Furniture and vehicles | 24 | €6,935 | €0 | -€6,935 | -100.0% |
| Other tangible fixed assets | 26 | €1,652 | €1,180 | -€473 | -28.6% |
| Financial fixed assets | 28 | €300 | €13,642 | +€13,342 | +4447.4% |
| Current assets | 29/58 | €80,530 | €109,240 | +€28,710 | +35.7% |
| Stocks and contracts in progress | 3 | €5,655 | €6,287 | +€632 | +11.2% |
| Stocks | 30/36 | €5,655 | €6,287 | +€632 | +11.2% |
| Amounts receivable within one year | 40/41 | €5,886 | €14,793 | +€8,907 | +151.3% |
| Trade receivables | 40 | €2,975 | €12,237 | +€9,262 | +311.4% |
| Other amounts receivable | 41 | €2,911 | €2,556 | -€355 | -12.2% |
| Cash at bank and in hand | 54/58 | €66,527 | €86,013 | +€19,485 | +29.3% |
| Deferred charges and accrued income | 490/1 | €2,462 | €2,147 | -€314 | -12.8% |
| Total equity and liabilities | 10/49 | €91,020 | €125,343 | +€34,323 | +37.7% |
| Equity | 10/15 | €50,379 | €48,016 | -€2,363 | -4.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €41,008 | €29,416 | -€11,591 | -28.3% |
| Distributable reserves | 133 | €41,008 | €29,416 | -€11,591 | -28.3% |
| Profit (loss) carried forward | 14 | -€9,228 | €0 | +€9,228 | |
| Amounts payable | 17/49 | €40,641 | €77,327 | +€36,686 | +90.3% |
| Amounts payable after more than one year | 17 | €4,008 | €27,779 | +€23,770 | +593.0% |
| Financial debts | 170/4 | €4,008 | €27,779 | +€23,770 | +593.0% |
| Amounts payable within one year | 42/48 | €35,475 | €48,490 | +€13,015 | +36.7% |
| Current portion of amounts payable after more than one year | 42 | €2,584 | €9,730 | +€7,146 | +276.6% |
| Trade debts | 44 | €16,545 | €12,092 | -€4,453 | -26.9% |
| Suppliers | 440/4 | €16,545 | €12,092 | -€4,453 | -26.9% |
| Taxes, remuneration and social security | 45 | €16,346 | €26,668 | +€10,322 | +63.2% |
| Taxes | 450/3 | €2,563 | €12,427 | +€9,863 | +384.8% |
| Remuneration and social security | 454/9 | €13,782 | €14,241 | +€459 | +3.3% |
| Accrued charges and deferred income | 492/3 | €1,157 | €1,058 | -€99 | -8.6% |
| Remuneration, social security and pensions | 62 | €140,073 | €104,147 | -€35,926 | -25.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,375 | €794 | -€2,581 | -76.5% |
| Other operating charges | 640/8 | €1,150 | €528 | -€622 | -54.1% |
| Gross operating margin | 9900 | €136,151 | €145,641 | +€9,490 | +7.0% |
| Operating profit (loss) | 9901 | -€8,446 | €40,173 | +€48,619 | |
| Financial income | 75/76B | €77 | €223 | +€146 | +188.5% |
| Recurring financial income | 75 | €77 | €223 | +€146 | +188.5% |
| Financial charges | 65/66B | €840 | €4,451 | +€3,610 | +429.6% |
| Recurring financial charges | 65 | €840 | €4,451 | +€3,610 | +429.6% |
| Profit (loss) for the period before taxes | 9903 | -€9,210 | €35,945 | +€45,155 | |
| Income taxes | 67/77 | €19 | €8,876 | +€8,858 | +47165.5% |
| Profit (loss) for the period | 9904 | -€9,228 | €27,068 | +€36,297 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,228 | €27,068 | +€36,297 |
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 6 October 2026 via checked.be.