Krespo: 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.
Krespo
Largest movements
- Cash -€59,296
down €59,296 (-75.1%), from €79,005 to €19,709
mainly Net result for the year (-€310,151) and Debts after one year (-€73,175)
- Tangible fixed assets -€46,952
down €46,952 (-7.7%), from €606,520 to €559,568
of which Land and buildings: -€54,797
- Stocks and contracts -€33,146
down €33,146 (-6.4%), from €515,664 to €482,518
- Receivables within one year +€24,210
up €24,210 (+160.4%), from €15,091 to €39,301
of which Trade receivables: +€39,301
- Trade debts +€371,506
up €371,506 (+23.2%), from €1.6m to €2.0m
- Profit (loss) carried forward -€310,151
down €310,151 (-28.4%), from -€1.1m to -€1.4m
- Debts after one year -€73,175
down €73,175 (-22.6%), from €323,175 to €250,000
- Other debts -€59,030
down €59,030 (-95.6%), from €61,731 to €2,701
- Current portion of long-term debt -€41,511
down €41,511 (-36.2%), from €114,685 to €73,175
- Gross operating margin -€122,643
down €122,643 (-126.6%), from -€96,912 to -€219,554
- Financial charges -€11,587
down €11,587 (-38.4%), from €30,185 to €18,598
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 | €1,217,845 | €1,103,450 | -€114,395 | -9.4% |
| Fixed assets | 21/28 | €606,520 | €559,568 | -€46,952 | -7.7% |
| Tangible fixed assets | 22/27 | €606,520 | €559,568 | -€46,952 | -7.7% |
| Land and buildings | 22 | €573,408 | €518,611 | -€54,797 | -9.6% |
| Plant, machinery and equipment | 23 | €30,201 | €37,706 | +€7,506 | +24.9% |
| Furniture and vehicles | 24 | €2,911 | €3,250 | +€339 | +11.7% |
| Current assets | 29/58 | €611,325 | €543,883 | -€67,443 | -11.0% |
| Stocks and contracts in progress | 3 | €515,664 | €482,518 | -€33,146 | -6.4% |
| Stocks | 30/36 | €515,664 | €482,518 | -€33,146 | -6.4% |
| Amounts receivable within one year | 40/41 | €15,091 | €39,301 | +€24,210 | +160.4% |
| Trade receivables | 40 | - | €39,301 | +€39,301 | |
| Other amounts receivable | 41 | €15,091 | €0 | -€15,091 | -100.0% |
| Cash at bank and in hand | 54/58 | €79,005 | €19,709 | -€59,296 | -75.1% |
| Deferred charges and accrued income | 490/1 | €1,565 | €2,355 | +€790 | +50.5% |
| Total equity and liabilities | 10/49 | €1,217,845 | €1,103,450 | -€114,395 | -9.4% |
| Equity | 10/15 | -€890,306 | -€1,200,457 | -€310,151 | -34.8% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,090,306 | -€1,400,457 | -€310,151 | -28.4% |
| Amounts payable | 17/49 | €2,108,151 | €2,303,907 | +€195,756 | +9.3% |
| Amounts payable after more than one year | 17 | €323,175 | €250,000 | -€73,175 | -22.6% |
| Financial debts | 170/4 | €323,175 | €250,000 | -€73,175 | -22.6% |
| Amounts payable within one year | 42/48 | €1,784,468 | €2,053,907 | +€269,439 | +15.1% |
| Current portion of amounts payable after more than one year | 42 | €114,685 | €73,175 | -€41,511 | -36.2% |
| Financial debts | 43 | €0 | - | = | |
| Other loans | 439 | €0 | - | = | |
| Trade debts | 44 | €1,601,377 | €1,972,883 | +€371,506 | +23.2% |
| Suppliers | 440/4 | €1,601,377 | €1,972,883 | +€371,506 | +23.2% |
| Taxes, remuneration and social security | 45 | €6,675 | €5,149 | -€1,526 | -22.9% |
| Taxes | 450/3 | €2,775 | €2,849 | +€74 | +2.7% |
| Remuneration and social security | 454/9 | €3,900 | €2,300 | -€1,600 | -41.0% |
| Other amounts payable | 47/48 | €61,731 | €2,701 | -€59,030 | -95.6% |
| Accrued charges and deferred income | 492/3 | €508 | €0 | -€508 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €64,870 | €66,692 | +€1,822 | +2.8% |
| Other operating charges | 640/8 | €4,462 | €5,329 | +€868 | +19.4% |
| Gross operating margin | 9900 | -€96,912 | -€219,554 | -€122,643 | -126.6% |
| Operating profit (loss) | 9901 | -€166,243 | -€291,576 | -€125,332 | -75.4% |
| Financial income | 75/76B | €5 | €23 | +€18 | +342.4% |
| Recurring financial income | 75 | €5 | €23 | +€18 | +342.4% |
| Financial charges | 65/66B | €30,185 | €18,598 | -€11,587 | -38.4% |
| Recurring financial charges | 65 | €30,185 | €18,598 | -€11,587 | -38.4% |
| Profit (loss) for the period before taxes | 9903 | -€196,423 | -€310,151 | -€113,728 | -57.9% |
| Profit (loss) for the period | 9904 | -€196,423 | -€310,151 | -€113,728 | -57.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€196,423 | -€310,151 | -€113,728 | -57.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.