Kreps Design: 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.
Kreps Design
Largest movements
- Receivables within one year +€6,661
up €6,661 (+237%), from €2,808 to €9,469
of which Trade receivables: +€4,728
- Tangible fixed assets +€2,869
up €2,869 (+57.6%), from €4,976 to €7,845
of which Plant, machinery and equipment: +€4,423
- Reserves +€10,420
up €10,420 (+42.2%), from €24,693 to €35,113
- Trade debts +€1,661
up €1,661 (+214%), from €777 to €2,437
- Other debts -€1,602
down €1,602 (-16.9%), from €9,462 to €7,860
- Tax, wage and social debts -€1,363
down €1,363 (-28.1%), from €4,845 to €3,482
- Gross operating margin -€5,061
down €5,061 (-23.7%), from €21,362 to €16,301
- Taxes -€1,277
down €1,277 (-29.2%), from €4,368 to €3,091
- Depreciation +€1,130
up €1,130 (+95.5%), from €1,183 to €2,313
- Other operating charges -€350
down €350 (-50.9%), from €687 to €337
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 | €42,276 | €51,392 | +€9,116 | +21.6% |
| Fixed assets | 21/28 | €5,446 | €8,305 | +€2,859 | +52.5% |
| Intangible fixed assets | 21 | €70 | €60 | -€10 | -14.3% |
| Tangible fixed assets | 22/27 | €4,976 | €7,845 | +€2,869 | +57.6% |
| Plant, machinery and equipment | 23 | €1,214 | €5,637 | +€4,423 | +364% |
| Furniture and vehicles | 24 | €3,762 | €2,208 | -€1,554 | -41.3% |
| Financial fixed assets | 28 | €400 | €400 | = | 0.0% |
| Current assets | 29/58 | €36,830 | €43,088 | +€6,258 | +17.0% |
| Amounts receivable within one year | 40/41 | €2,808 | €9,469 | +€6,661 | +237% |
| Trade receivables | 40 | €2,804 | €7,532 | +€4,728 | +169% |
| Other amounts receivable | 41 | €4 | €1,937 | +€1,933 | +49,427% |
| Cash at bank and in hand | 54/58 | €33,779 | €33,619 | -€160 | -0.5% |
| Deferred charges and accrued income | 490/1 | €243 | - | -€243 | |
| Total equity and liabilities | 10/49 | €42,276 | €51,392 | +€9,116 | +21.6% |
| Equity | 10/15 | €27,193 | €37,613 | +€10,420 | +38.3% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €24,693 | €35,113 | +€10,420 | +42.2% |
| Distributable reserves | 133 | €24,693 | €35,113 | +€10,420 | +42.2% |
| Amounts payable | 17/49 | €15,084 | €13,779 | -€1,304 | -8.6% |
| Amounts payable within one year | 42/48 | €15,084 | €13,779 | -€1,304 | -8.6% |
| Trade debts | 44 | €777 | €2,437 | +€1,661 | +214% |
| Suppliers | 440/4 | €777 | €2,437 | +€1,661 | +214% |
| Taxes, remuneration and social security | 45 | €4,845 | €3,482 | -€1,363 | -28.1% |
| Taxes | 450/3 | €4,845 | €3,482 | -€1,363 | -28.1% |
| Other amounts payable | 47/48 | €9,462 | €7,860 | -€1,602 | -16.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,183 | €2,313 | +€1,130 | +95.5% |
| Other operating charges | 640/8 | €687 | €337 | -€350 | -50.9% |
| Gross operating margin | 9900 | €21,362 | €16,301 | -€5,061 | -23.7% |
| Operating profit (loss) | 9901 | €19,492 | €13,651 | -€5,841 | -30.0% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €139 | €140 | +€0 | +0.3% |
| Recurring financial charges | 65 | €139 | €140 | +€0 | +0.3% |
| Profit (loss) for the period before taxes | 9903 | €19,353 | €13,511 | -€5,841 | -30.2% |
| Income taxes | 67/77 | €4,368 | €3,091 | -€1,277 | -29.2% |
| Profit (loss) for the period | 9904 | €14,985 | €10,420 | -€4,565 | -30.5% |
| Profit (loss) for the period to be appropriated | 9905 | €14,985 | €10,420 | -€4,565 | -30.5% |
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 23 October 2026 via checked.be.