KRERONSE: 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.
KRERONSE
Largest movements
- Tangible fixed assets -€12,823
down €12,823 (-14.3%), from €89,931 to €77,108
of which Other tangible fixed assets: -€8,345
- Cash +€10,168
up €10,168 (+83.9%), from €12,120 to €22,288
mainly Trade debts (+€25,588) and Depreciation (+€12,823)
- Receivables within one year +€4,532
up €4,532 (+18.1%), from €25,004 to €29,536
of which Other amounts receivable: +€2,728
- Trade debts +€25,588
up €25,588 (+34.4%), from €74,466 to €100,054
- Profit (loss) carried forward -€20,393
down €20,393 (-36.5%), from -€55,912 to -€76,305
- Debts after one year -€7,394
down €7,394 (-11.4%), from €64,768 to €57,374
- Tax, wage and social debts +€5,138
up €5,138 (+20.1%), from €25,538 to €30,677
of which Remuneration and social security: +€3,083
- Other debts -€2,080
down €2,080 (-85.2%), from €2,442 to €362
- Staff costs +€49,843
up €49,843 (+35.1%), from €142,157 to €192,000
- Gross operating margin +€37,086
up €37,086 (+24.1%), from €154,126 to €191,212
- Depreciation +€3,151
up €3,151 (+32.6%), from €9,673 to €12,823
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €143,339 | €146,013 | +€2,674 | +1.9% |
| Fixed assets | 21/28 | €95,716 | €82,893 | -€12,823 | -13.4% |
| Tangible fixed assets | 22/27 | €89,931 | €77,108 | -€12,823 | -14.3% |
| Plant, machinery and equipment | 23 | €3,871 | €2,881 | -€990 | -25.6% |
| Furniture and vehicles | 24 | €17,135 | €13,647 | -€3,488 | -20.4% |
| Other tangible fixed assets | 26 | €68,925 | €60,580 | -€8,345 | -12.1% |
| Financial fixed assets | 28 | €5,785 | €5,785 | = | 0.0% |
| Current assets | 29/58 | €47,623 | €63,120 | +€15,497 | +32.5% |
| Stocks and contracts in progress | 3 | €7,225 | €7,208 | -€17 | -0.2% |
| Stocks | 30/36 | €7,225 | €7,208 | -€17 | -0.2% |
| Amounts receivable within one year | 40/41 | €25,004 | €29,536 | +€4,532 | +18.1% |
| Trade receivables | 40 | €7,137 | €8,941 | +€1,804 | +25.3% |
| Other amounts receivable | 41 | €17,867 | €20,595 | +€2,728 | +15.3% |
| Cash at bank and in hand | 54/58 | €12,120 | €22,288 | +€10,168 | +83.9% |
| Deferred charges and accrued income | 490/1 | €3,275 | €4,089 | +€814 | +24.8% |
| Total equity and liabilities | 10/49 | €143,339 | €146,013 | +€2,674 | +1.9% |
| Equity | 10/15 | -€37,312 | -€57,705 | -€20,393 | -54.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€55,912 | -€76,305 | -€20,393 | -36.5% |
| Amounts payable | 17/49 | €180,651 | €203,718 | +€23,067 | +12.8% |
| Amounts payable after more than one year | 17 | €64,768 | €57,374 | -€7,394 | -11.4% |
| Financial debts | 170/4 | €64,768 | €57,374 | -€7,394 | -11.4% |
| Amounts payable within one year | 42/48 | €115,193 | €144,200 | +€29,008 | +25.2% |
| Current portion of amounts payable after more than one year | 42 | €7,161 | €7,394 | +€233 | +3.2% |
| Financial debts | 43 | €5,585 | €5,713 | +€128 | +2.3% |
| Credit institutions | 430/8 | €5,585 | €5,713 | +€128 | +2.3% |
| Trade debts | 44 | €74,466 | €100,054 | +€25,588 | +34.4% |
| Suppliers | 440/4 | €74,466 | €100,054 | +€25,588 | +34.4% |
| Taxes, remuneration and social security | 45 | €25,538 | €30,677 | +€5,138 | +20.1% |
| Taxes | 450/3 | €9,572 | €11,627 | +€2,055 | +21.5% |
| Remuneration and social security | 454/9 | €15,966 | €19,050 | +€3,083 | +19.3% |
| Other amounts payable | 47/48 | €2,442 | €362 | -€2,080 | -85.2% |
| Accrued charges and deferred income | 492/3 | €691 | €2,144 | +€1,453 | +210.3% |
| Non-recurring operating income | 76A | €14,500 | €2,300 | -€12,200 | -84.1% |
| Remuneration, social security and pensions | 62 | €142,157 | €192,000 | +€49,843 | +35.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,673 | €12,823 | +€3,151 | +32.6% |
| Other operating charges | 640/8 | €2,355 | €3,458 | +€1,103 | +46.9% |
| Non-recurring operating charges | 66A | €5,948 | €0 | -€5,948 | -100.0% |
| Gross operating margin | 9900 | €154,126 | €191,212 | +€37,086 | +24.1% |
| Operating profit (loss) | 9901 | -€6,007 | -€17,069 | -€11,062 | -184.2% |
| Financial income | 75/76B | €447 | €613 | +€166 | +37.1% |
| Recurring financial income | 75 | €447 | €613 | +€166 | +37.1% |
| Financial charges | 65/66B | €4,828 | €3,767 | -€1,062 | -22.0% |
| Recurring financial charges | 65 | €4,828 | €3,767 | -€1,062 | -22.0% |
| Profit (loss) for the period before taxes | 9903 | -€10,388 | -€20,223 | -€9,835 | -94.7% |
| Income taxes | 67/77 | €243 | €171 | -€72 | -29.8% |
| Profit (loss) for the period | 9904 | -€10,631 | -€20,393 | -€9,762 | -91.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,631 | -€20,393 | -€9,762 | -91.8% |
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 9 October 2026 via checked.be.