KREMER PROJECTS: 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.
KREMER PROJECTS
Largest movements
- Intangible fixed assets -€8,491
down €8,491 (-50.0%), from €16,983 to €8,491
- Receivables within one year -€2,022
down €2,022 (-8.5%), from €23,877 to €21,855
- Other debts -€9,723
down €9,723 (-53.9%), from €18,043 to €8,320
- Tax, wage and social debts -€1,382
down €1,382 (-28.4%), from €4,858 to €3,476
- Profit (loss) carried forward +€538
up €538 (+16.0%), from -€3,371 to -€2,833
- Turnover -€4,523
down €4,523 (-16.1%), from €28,120 to €23,598
- Depreciation -€1,445
down €1,445 (-14.5%), from €9,937 to €8,491
- Purchases and services -€1,440
down €1,440 (-9.2%), from €15,716 to €14,276
- Gross operating margin -€1,219
down €1,219 (-9.9%), from €12,340 to €11,122
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 | €41,258 | €30,346 | -€10,911 | -26.4% |
| Fixed assets | 21/28 | €16,983 | €8,491 | -€8,491 | -50.0% |
| Intangible fixed assets | 21 | €16,983 | €8,491 | -€8,491 | -50.0% |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €24,275 | €21,855 | -€2,420 | -10.0% |
| Amounts receivable within one year | 40/41 | €23,877 | €21,855 | -€2,022 | -8.5% |
| Trade receivables | 40 | €23,877 | €21,855 | -€2,022 | -8.5% |
| Cash at bank and in hand | 54/58 | €398 | - | -€398 | |
| Total equity and liabilities | 10/49 | €41,258 | €30,346 | -€10,911 | -26.4% |
| Equity | 10/15 | €17,125 | €17,664 | +€538 | +3.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,897 | €1,897 | = | 0.0% |
| Distributable reserves | 133 | €1,897 | €1,897 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,371 | -€2,833 | +€538 | +16.0% |
| Amounts payable | 17/49 | €24,132 | €12,683 | -€11,449 | -47.4% |
| Amounts payable within one year | 42/48 | €24,132 | €12,683 | -€11,449 | -47.4% |
| Trade debts | 44 | €1,231 | €887 | -€345 | -28.0% |
| Suppliers | 440/4 | €1,231 | €887 | -€345 | -28.0% |
| Taxes, remuneration and social security | 45 | €4,858 | €3,476 | -€1,382 | -28.4% |
| Taxes | 450/3 | €4,858 | €3,476 | -€1,382 | -28.4% |
| Other amounts payable | 47/48 | €18,043 | €8,320 | -€9,723 | -53.9% |
| Turnover | 70 | €28,120 | €23,598 | -€4,523 | -16.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €15,716 | €14,276 | -€1,440 | -9.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,937 | €8,491 | -€1,445 | -14.5% |
| Other operating charges | 640/8 | €1,299 | €1,357 | +€58 | +4.5% |
| Gross operating margin | 9900 | €12,340 | €11,122 | -€1,219 | -9.9% |
| Operating profit (loss) | 9901 | €1,104 | €1,273 | +€169 | +15.3% |
| Financial income | 75/76B | €2 | €1 | -€1 | -59.3% |
| Recurring financial income | 75 | €2 | €1 | -€1 | -59.3% |
| Financial charges | 65/66B | €52 | €144 | +€92 | +178.1% |
| Recurring financial charges | 65 | €52 | €80 | +€29 | +55.4% |
| Non-recurring financial charges | 66B | - | €63 | +€63 | |
| Profit (loss) for the period before taxes | 9903 | €1,054 | €1,130 | +€75 | +7.2% |
| Income taxes | 67/77 | €651 | €592 | -€59 | -9.0% |
| Profit (loss) for the period | 9904 | €404 | €538 | +€134 | +33.2% |
| Profit (loss) for the period to be appropriated | 9905 | €404 | €538 | +€134 | +33.2% |
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 11 October 2026 via checked.be.