Krepo: 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.
Krepo
Largest movements
- Receivables within one year +€15,856
up €15,856 (+18.1%), from €87,817 to €103,673
of which Other amounts receivable: +€17,135
- Financial fixed assets +€1,986
up €1,986 (+147%), from €1,350 to €3,336
- Stocks and contracts +€1,898
up €1,898 (+51.2%), from €3,706 to €5,604
- Reserves +€15,905
up €15,905 (+66.1%), from €24,045 to €39,950
- Trade debts +€9,623
up €9,623 (+36.7%), from €26,217 to €35,840
- Tax, wage and social debts +€7,963
up €7,963 (+70.8%), from €11,252 to €19,215
of which Taxes: +€6,084
- Other debts -€6,857
down €6,857 (-43.4%), from €15,817 to €8,960
- Debts after one year -€6,117
down €6,117 (-100%), from €6,117 to €0
- Gross operating margin +€49,121
up €49,121 (+121%), from €40,707 to €89,827
- Staff costs +€24,582
up €24,582 (+60.0%), from €40,940 to €65,522
- Taxes +€7,047
up €7,047, from -€124 to €6,923
- Financial income +€2,467
up €2,467 (+155%), from €1,596 to €4,063
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 | €106,296 | €126,691 | +€20,395 | +19.2% |
| Fixed assets | 21/28 | €12,056 | €14,332 | +€2,276 | +18.9% |
| Tangible fixed assets | 22/27 | €10,706 | €10,996 | +€290 | +2.7% |
| Plant, machinery and equipment | 23 | - | €3,533 | +€3,533 | |
| Furniture and vehicles | 24 | €6,729 | €5,076 | -€1,653 | -24.6% |
| Other tangible fixed assets | 26 | €3,977 | €2,387 | -€1,590 | -40.0% |
| Financial fixed assets | 28 | €1,350 | €3,336 | +€1,986 | +147% |
| Current assets | 29/58 | €94,240 | €112,359 | +€18,118 | +19.2% |
| Stocks and contracts in progress | 3 | €3,706 | €5,604 | +€1,898 | +51.2% |
| Stocks | 30/36 | €3,706 | €5,604 | +€1,898 | +51.2% |
| Amounts receivable within one year | 40/41 | €87,817 | €103,673 | +€15,856 | +18.1% |
| Trade receivables | 40 | €1,584 | €305 | -€1,279 | -80.7% |
| Other amounts receivable | 41 | €86,233 | €103,368 | +€17,135 | +19.9% |
| Cash at bank and in hand | 54/58 | €1,827 | €2,071 | +€244 | +13.4% |
| Deferred charges and accrued income | 490/1 | €890 | €1,010 | +€120 | +13.5% |
| Total equity and liabilities | 10/49 | €106,296 | €126,691 | +€20,395 | +19.2% |
| Equity | 10/15 | €36,445 | €52,350 | +€15,905 | +43.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €24,045 | €39,950 | +€15,905 | +66.1% |
| Distributable reserves | 133 | €24,045 | €39,950 | +€15,905 | +66.1% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €69,851 | €74,341 | +€4,490 | +6.4% |
| Amounts payable after more than one year | 17 | €6,117 | €0 | -€6,117 | -100% |
| Financial debts | 170/4 | €6,117 | €0 | -€6,117 | -100% |
| Amounts payable within one year | 42/48 | €63,565 | €73,955 | +€10,390 | +16.3% |
| Current portion of amounts payable after more than one year | 42 | €9,173 | €7,168 | -€2,005 | -21.9% |
| Financial debts | 43 | €1,106 | €2,772 | +€1,666 | +151% |
| Credit institutions | 430/8 | €1,106 | €2,772 | +€1,666 | +151% |
| Trade debts | 44 | €26,217 | €35,840 | +€9,623 | +36.7% |
| Suppliers | 440/4 | €26,217 | €35,840 | +€9,623 | +36.7% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €11,252 | €19,215 | +€7,963 | +70.8% |
| Taxes | 450/3 | €4,944 | €11,028 | +€6,084 | +123% |
| Remuneration and social security | 454/9 | €6,308 | €8,187 | +€1,879 | +29.8% |
| Other amounts payable | 47/48 | €15,817 | €8,960 | -€6,857 | -43.4% |
| Accrued charges and deferred income | 492/3 | €169 | €386 | +€217 | +128% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €40,940 | €65,522 | +€24,582 | +60.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,393 | €3,472 | +€79 | +2.3% |
| Other operating charges | 640/8 | €631 | €650 | +€18 | +2.9% |
| Gross operating margin | 9900 | €40,707 | €89,827 | +€49,121 | +121% |
| Operating profit (loss) | 9901 | -€4,258 | €20,183 | +€24,441 | |
| Financial income | 75/76B | €1,596 | €4,063 | +€2,467 | +155% |
| Recurring financial income | 75 | €1,596 | €4,063 | +€2,467 | +155% |
| Financial charges | 65/66B | €1,039 | €1,418 | +€380 | +36.6% |
| Recurring financial charges | 65 | €1,039 | €1,418 | +€380 | +36.6% |
| Profit (loss) for the period before taxes | 9903 | -€3,701 | €22,828 | +€26,529 | |
| Income taxes | 67/77 | -€124 | €6,923 | +€7,047 | |
| Profit (loss) for the period | 9904 | -€3,577 | €15,905 | +€19,482 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,577 | €15,905 | +€19,482 |
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 27 October 2026 via checked.be.