KRED@SSUR: what changed
KRED@SSUR
Largest movements
- Receivables within one year +€12,525
up €12,525 (+88.3%), from €14,189 to €26,714
- Cash -€9,490
down €9,490 (-69.5%), from €13,647 to €4,157
mainly Receivables within one year (-€12,525) and Trade debts (-€2,737)
- Tangible fixed assets -€2,300
down €2,300 (-48.7%), from €4,720 to €2,420
- Trade debts -€2,737
down €2,737 (-92.2%), from €2,967 to €230
- Other debts +€1,627
up €1,627 (+22.3%), from €7,283 to €8,911
- Tax, wage and social debts +€1,041
up €1,041 (+49.8%), from €2,092 to €3,134
- Profit (loss) carried forward +€804
up €804 (+69.1%), from €1,162 to €1,966
- Gross operating margin +€344
up €344 (+7.4%), from €4,627 to €4,971
- Taxes -€180
down €180 (-18.0%), from €1,000 to €820
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €32,555 | €33,291 | +€735 | +2.3% |
| Fixed assets | 21/28 | €4,720 | €2,420 | -€2,300 | -48.7% |
| Tangible fixed assets | 22/27 | €4,720 | €2,420 | -€2,300 | -48.7% |
| Furniture and vehicles | 24 | €4,720 | €2,420 | -€2,300 | -48.7% |
| Current assets | 29/58 | €27,836 | €30,871 | +€3,035 | +10.9% |
| Amounts receivable within one year | 40/41 | €14,189 | €26,714 | +€12,525 | +88.3% |
| Trade receivables | 40 | €14,189 | €26,714 | +€12,525 | +88.3% |
| Cash at bank and in hand | 54/58 | €13,647 | €4,157 | -€9,490 | -69.5% |
| Total equity and liabilities | 10/49 | €32,555 | €33,291 | +€735 | +2.3% |
| Equity | 10/15 | €20,212 | €21,016 | +€804 | +4.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €450 | €450 | = | 0.0% |
| Distributable reserves | 133 | €450 | €450 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,162 | €1,966 | +€804 | +69.1% |
| Amounts payable | 17/49 | €12,343 | €12,275 | -€68 | -0.6% |
| Amounts payable within one year | 42/48 | €12,343 | €12,275 | -€68 | -0.6% |
| Trade debts | 44 | €2,967 | €230 | -€2,737 | -92.2% |
| Suppliers | 440/4 | €2,967 | €230 | -€2,737 | -92.2% |
| Taxes, remuneration and social security | 45 | €2,092 | €3,134 | +€1,041 | +49.8% |
| Taxes | 450/3 | €2,092 | €3,134 | +€1,041 | +49.8% |
| Other amounts payable | 47/48 | €7,283 | €8,911 | +€1,627 | +22.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,300 | €2,300 | = | 0.0% |
| Other operating charges | 640/8 | €927 | €951 | +€25 | +2.7% |
| Gross operating margin | 9900 | €4,627 | €4,971 | +€344 | +7.4% |
| Operating profit (loss) | 9901 | €1,400 | €1,720 | +€320 | +22.8% |
| Financial charges | 65/66B | €91 | €97 | +€6 | +7.0% |
| Recurring financial charges | 65 | €91 | €97 | +€6 | +7.0% |
| Profit (loss) for the period before taxes | 9903 | €1,310 | €1,623 | +€314 | +23.9% |
| Income taxes | 67/77 | €1,000 | €820 | -€180 | -18.0% |
| Profit (loss) for the period | 9904 | €310 | €804 | +€494 | +159% |
| Profit (loss) for the period to be appropriated | 9905 | €310 | €804 | +€494 | +159% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.