KREBRUG: 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.
KREBRUG
Largest movements
- Tangible fixed assets +€13,133
up €13,133 (+28.0%), from €46,889 to €60,022
of which Other tangible fixed assets: +€10,314
- Cash -€9,419
down €9,419 (-10.2%), from €92,738 to €83,319
mainly Investment in fixed assets (net) (-€28,429) and Contributions, distributions and other (-€10,000)
- Tax, wage and social debts +€5,975
up €5,975 (+28.6%), from €20,879 to €26,854
of which Taxes: +€4,226
- Reserves -€2,422
down €2,422 (-2.0%), from €118,685 to €116,263
- Staff costs +€25,868
up €25,868 (+19.4%), from €133,215 to €159,084
- Gross operating margin +€21,709
up €21,709 (+13.0%), from €166,417 to €188,126
- Depreciation +€4,747
up €4,747 (+45.0%), from €10,548 to €15,295
- Taxes -€2,067
down €2,067 (-45.0%), from €4,592 to €2,525
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 | €156,174 | €160,455 | +€4,281 | +2.7% |
| Fixed assets | 21/28 | €46,889 | €60,022 | +€13,133 | +28.0% |
| Tangible fixed assets | 22/27 | €46,889 | €60,022 | +€13,133 | +28.0% |
| Plant, machinery and equipment | 23 | €10,259 | €17,265 | +€7,006 | +68.3% |
| Furniture and vehicles | 24 | €20,376 | €16,189 | -€4,187 | -20.6% |
| Other tangible fixed assets | 26 | €16,254 | €26,568 | +€10,314 | +63.5% |
| Current assets | 29/58 | €109,286 | €100,433 | -€8,852 | -8.1% |
| Stocks and contracts in progress | 3 | €8,016 | €8,144 | +€128 | +1.6% |
| Stocks | 30/36 | €8,016 | €8,144 | +€128 | +1.6% |
| Amounts receivable within one year | 40/41 | €3,943 | €5,340 | +€1,398 | +35.5% |
| Trade receivables | 40 | €1,266 | €3,614 | +€2,348 | +185% |
| Other amounts receivable | 41 | €2,676 | €1,727 | -€950 | -35.5% |
| Cash at bank and in hand | 54/58 | €92,738 | €83,319 | -€9,419 | -10.2% |
| Deferred charges and accrued income | 490/1 | €4,589 | €3,630 | -€959 | -20.9% |
| Total equity and liabilities | 10/49 | €156,174 | €160,455 | +€4,281 | +2.7% |
| Equity | 10/15 | €124,885 | €122,463 | -€2,422 | -1.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €118,685 | €116,263 | -€2,422 | -2.0% |
| Distributable reserves | 133 | €118,685 | €116,263 | -€2,422 | -2.0% |
| Amounts payable | 17/49 | €31,289 | €37,993 | +€6,703 | +21.4% |
| Amounts payable within one year | 42/48 | €29,329 | €37,311 | +€7,981 | +27.2% |
| Trade debts | 44 | €5,802 | €6,891 | +€1,089 | +18.8% |
| Suppliers | 440/4 | €5,802 | €6,891 | +€1,089 | +18.8% |
| Taxes, remuneration and social security | 45 | €20,879 | €26,854 | +€5,975 | +28.6% |
| Taxes | 450/3 | €5,187 | €9,413 | +€4,226 | +81.5% |
| Remuneration and social security | 454/9 | €15,692 | €17,441 | +€1,750 | +11.1% |
| Other amounts payable | 47/48 | €2,649 | €3,566 | +€917 | +34.6% |
| Accrued charges and deferred income | 492/3 | €1,960 | €682 | -€1,278 | -65.2% |
| Remuneration, social security and pensions | 62 | €133,215 | €159,084 | +€25,868 | +19.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,548 | €15,295 | +€4,747 | +45.0% |
| Other operating charges | 640/8 | €503 | €311 | -€192 | -38.2% |
| Gross operating margin | 9900 | €166,417 | €188,126 | +€21,709 | +13.0% |
| Operating profit (loss) | 9901 | €22,150 | €13,436 | -€8,714 | -39.3% |
| Financial income | 75/76B | €938 | €807 | -€130 | -13.9% |
| Recurring financial income | 75 | €938 | €807 | -€130 | -13.9% |
| Financial charges | 65/66B | €2,497 | €4,141 | +€1,644 | +65.8% |
| Recurring financial charges | 65 | €2,497 | €4,141 | +€1,644 | +65.8% |
| Profit (loss) for the period before taxes | 9903 | €20,590 | €10,102 | -€10,488 | -50.9% |
| Income taxes | 67/77 | €4,592 | €2,525 | -€2,067 | -45.0% |
| Profit (loss) for the period | 9904 | €15,999 | €7,578 | -€8,421 | -52.6% |
| Profit (loss) for the period to be appropriated | 9905 | €15,999 | €7,578 | -€8,421 | -52.6% |
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 28 October 2026 via checked.be.