Skip to content

Kremaco: 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.

What changed

Kremaco

BE 0424.935.323
NACE 96.301, Funeral services
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€7,806
2023 · -€2,256-€5,550
Equity
-€117,049
2023 · -€109,242-€7,806
Cash
€906
2023 · €532+€375
Balance sheet total
€59,711
2023 · €42,565+€17,146

Largest movements

2023 to 2024
Assets
  • Receivables within one year +€20,991

    up €20,991 (+111.3%), from €18,863 to €39,855

    of which Trade receivables: +€20,301

  • Stocks and contracts -€3,330

    down €3,330 (-14.9%), from €22,280 to €18,950

  • Tangible fixed assets -€890

    no longer reported in 2024 (was €890)

Equity and liabilities
  • Trade debts +€26,365

    up €26,365 (+19.0%), from €138,849 to €165,214

  • Profit (loss) carried forward -€7,806

    down €7,806 (-2.8%), from -€279,793 to -€287,599

  • Tax, wage and social debts -€1,514

    down €1,514 (-47.5%), from €3,191 to €1,677

Income statement
  • Financial charges +€6,992

    up €6,992 (+623.4%), from €1,122 to €8,114

  • Gross operating margin +€2,758

    up €2,758, from -€140 to €2,618

  • Other operating charges +€1,323

    up €1,323 (+1214.1%), from €109 to €1,432

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 -€2,256
Gross operating margin +€2,758
Other operating charges -€1,323
Financial income +€7
Financial charges -€6,992
Result 2024 -€7,806

Cash bridge derived

cash 2023 to 2024

Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations +€273
Investment €0
Financing +€101
Cash 2023 €532
Net result for the year -€7,806
Depreciation +€890
Stocks and contracts +€3,330
Receivables within one year -€20,991
Trade debts +€26,365
Tax, wage and social debts -€1,514
Short-term financial debts +€101
Cash 2024 €906
Every line side by side 41 lines
Line Code 2023 2024 Change %
Total assets 20/58 €42,565 €59,711 +€17,146 +40.3%
Fixed assets 21/28 €890 - -€890
Tangible fixed assets 22/27 €890 - -€890
Other tangible fixed assets 26 €890 - -€890
Current assets 29/58 €41,675 €59,711 +€18,036 +43.3%
Stocks and contracts in progress 3 €22,280 €18,950 -€3,330 -14.9%
Stocks 30/36 €22,280 €18,950 -€3,330 -14.9%
Amounts receivable within one year 40/41 €18,863 €39,855 +€20,991 +111.3%
Trade receivables 40 €18,863 €39,164 +€20,301 +107.6%
Other amounts receivable 41 - €690 +€690
Cash at bank and in hand 54/58 €532 €906 +€375 +70.5%
Total equity and liabilities 10/49 €42,565 €59,711 +€17,146 +40.3%
Equity 10/15 -€109,242 -€117,049 -€7,806 -7.1%
Contributions 10/11 €148,736 €148,736 = 0.0%
Capital 10 €148,736 €148,736 = 0.0%
Issued capital 100 €148,736 €148,736 = 0.0%
Reserves 13 €21,815 €21,815 = 0.0%
Non-distributable reserves 130/1 €8,180 €8,180 = 0.0%
Legal reserve 130 €8,180 €8,180 = 0.0%
Distributable reserves 133 €13,634 €13,634 = 0.0%
Profit (loss) carried forward 14 -€279,793 -€287,599 -€7,806 -2.8%
Amounts payable 17/49 €151,807 €176,760 +€24,952 +16.4%
Amounts payable within one year 42/48 €146,772 €171,725 +€24,952 +17.0%
Financial debts 43 €4,733 €4,834 +€101 +2.1%
Credit institutions 430/8 €4,733 €4,834 +€101 +2.1%
Trade debts 44 €138,849 €165,214 +€26,365 +19.0%
Suppliers 440/4 €138,849 €165,214 +€26,365 +19.0%
Taxes, remuneration and social security 45 €3,191 €1,677 -€1,514 -47.5%
Taxes 450/3 €3,191 €1,677 -€1,514 -47.5%
Accrued charges and deferred income 492/3 €5,035 €5,035 = 0.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €890 €890 = 0.0%
Other operating charges 640/8 €109 €1,432 +€1,323 +1214.1%
Gross operating margin 9900 -€140 €2,618 +€2,758
Operating profit (loss) 9901 -€1,139 €296 +€1,435
Financial income 75/76B €4 €11 +€7 +188.5%
Recurring financial income 75 €4 €11 +€7 +188.5%
Financial charges 65/66B €1,122 €8,114 +€6,992 +623.4%
Recurring financial charges 65 €1,122 €8,114 +€6,992 +623.4%
Profit (loss) for the period before taxes 9903 -€2,256 -€7,806 -€5,550 -246.0%
Profit (loss) for the period 9904 -€2,256 -€7,806 -€5,550 -246.0%
Profit (loss) for the period to be appropriated 9905 -€2,256 -€7,806 -€5,550 -246.0%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.