KRENOO SERVICES: 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.
KRENOO SERVICES
Largest movements
- Receivables within one year +€34,008
up €34,008 (+45.7%), from €74,494 to €108,503
of which Trade receivables: +€20,848
- Cash -€23,248
down €23,248 (-42.9%), from €54,217 to €30,970
mainly Receivables within one year (-€34,008) and Net result for the year (-€21,668)
- Tangible fixed assets -€11,200
down €11,200 (-41.5%), from €26,977 to €15,777
of which Furniture and vehicles: -€9,138
- Tax, wage and social debts +€25,233
up €25,233 (+183%), from €13,785 to €39,018
of which Remuneration and social security: +€21,764
- Profit (loss) carried forward -€21,668
down €21,668, from €21,564 to -€103
- Trade debts -€4,005
down €4,005 (-4.0%), from €99,339 to €95,334
- Staff costs +€12,751
up €12,751 (+24.5%), from €52,150 to €64,901
- Gross operating margin -€12,386
down €12,386 (-17.0%), from €72,874 to €60,488
- Other operating charges +€2,316
up €2,316 (+65.8%), from €3,519 to €5,835
- Taxes -€1,805
no longer reported in 2025 (was €1,805)
- Depreciation +€1,703
up €1,703 (+17.9%), from €9,497 to €11,200
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 | €156,138 | €155,699 | -€439 | -0.3% |
| Fixed assets | 21/28 | €27,427 | €16,227 | -€11,200 | -40.8% |
| Tangible fixed assets | 22/27 | €26,977 | €15,777 | -€11,200 | -41.5% |
| Plant, machinery and equipment | 23 | €1,931 | €1,556 | -€375 | -19.4% |
| Furniture and vehicles | 24 | €18,296 | €9,158 | -€9,138 | -49.9% |
| Leasing and similar rights | 25 | €6,750 | €5,063 | -€1,688 | -25.0% |
| Financial fixed assets | 28 | €450 | €450 | = | 0.0% |
| Current assets | 29/58 | €128,711 | €139,472 | +€10,761 | +8.4% |
| Amounts receivable within one year | 40/41 | €74,494 | €108,503 | +€34,008 | +45.7% |
| Trade receivables | 40 | €53,234 | €74,083 | +€20,848 | +39.2% |
| Other amounts receivable | 41 | €21,260 | €34,420 | +€13,160 | +61.9% |
| Cash at bank and in hand | 54/58 | €54,217 | €30,970 | -€23,248 | -42.9% |
| Total equity and liabilities | 10/49 | €156,138 | €155,699 | -€439 | -0.3% |
| Equity | 10/15 | €30,264 | €8,597 | -€21,668 | -71.6% |
| Contributions | 10/11 | €8,700 | €8,700 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,564 | -€103 | -€21,668 | |
| Amounts payable | 17/49 | €125,874 | €147,102 | +€21,228 | +16.9% |
| Amounts payable within one year | 42/48 | €113,124 | €134,352 | +€21,228 | +18.8% |
| Trade debts | 44 | €99,339 | €95,334 | -€4,005 | -4.0% |
| Suppliers | 440/4 | €99,339 | €95,334 | -€4,005 | -4.0% |
| Taxes, remuneration and social security | 45 | €13,785 | €39,018 | +€25,233 | +183% |
| Taxes | 450/3 | €333 | €3,801 | +€3,468 | +1,043% |
| Remuneration and social security | 454/9 | €13,453 | €35,217 | +€21,764 | +162% |
| Accrued charges and deferred income | 492/3 | €12,750 | €12,750 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €52,150 | €64,901 | +€12,751 | +24.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,497 | €11,200 | +€1,703 | +17.9% |
| Other operating charges | 640/8 | €3,519 | €5,835 | +€2,316 | +65.8% |
| Gross operating margin | 9900 | €72,874 | €60,488 | -€12,386 | -17.0% |
| Operating profit (loss) | 9901 | €7,708 | -€21,448 | -€29,157 | |
| Financial charges | 65/66B | €457 | €219 | -€237 | -52.0% |
| Recurring financial charges | 65 | €457 | €219 | -€237 | -52.0% |
| Profit (loss) for the period before taxes | 9903 | €7,252 | -€21,668 | -€28,919 | |
| Income taxes | 67/77 | €1,805 | - | -€1,805 | |
| Profit (loss) for the period | 9904 | €5,447 | -€21,668 | -€27,115 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,447 | -€21,668 | -€27,115 |
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 20 October 2026 via checked.be.