Krestahl: 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.
Krestahl
Largest movements
- Tangible fixed assets +€4,792
up €4,792 (+178.0%), from €2,693 to €7,485
of which Plant, machinery and equipment: +€6,252
- Receivables within one year +€3,408
up €3,408 (+1006.2%), from €339 to €3,747
of which Other amounts receivable: +€3,177
- Cash +€1,902
up €1,902 (+68.5%), from €2,777 to €4,679
mainly Other debts (+€37,301) and Depreciation (+€2,308)
- Deferred charges and accrued income +€1,808
new in 2023: €1,808
- Other debts +€37,301
up €37,301 (+1381.9%), from €2,699 to €40,000
- Trade debts -€10,441
down €10,441 (-88.9%), from €11,740 to €1,300
- Profit (loss) carried forward -€9,196
down €9,196 (-23.1%), from -€39,871 to -€49,067
- Tax, wage and social debts -€5,754
down €5,754 (-59.6%), from €9,656 to €3,902
of which Taxes: -€3,738
- Gross operating margin -€59,472
down €59,472, from €57,815 to -€1,657
- Other operating charges -€23,052
no longer reported in 2023 (was €23,052)
- Purchases and services +€21,306
new in 2023: €21,306
- Turnover +€19,649
new in 2023: €19,649
- Write-downs -€18,446
new in 2023: -€18,446
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,308 | €18,219 | +€11,910 | +188.8% |
| Fixed assets | 21/28 | €3,193 | €7,985 | +€4,792 | +150.1% |
| Tangible fixed assets | 22/27 | €2,693 | €7,485 | +€4,792 | +178.0% |
| Plant, machinery and equipment | 23 | €138 | €6,390 | +€6,252 | +4539.5% |
| Furniture and vehicles | 24 | €2,555 | €1,095 | -€1,460 | -57.1% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €3,116 | €10,234 | +€7,118 | +228.5% |
| Amounts receivable within one year | 40/41 | €339 | €3,747 | +€3,408 | +1006.2% |
| Trade receivables | 40 | €339 | €570 | +€231 | +68.3% |
| Other amounts receivable | 41 | - | €3,177 | +€3,177 | |
| Cash at bank and in hand | 54/58 | €2,777 | €4,679 | +€1,902 | +68.5% |
| Deferred charges and accrued income | 490/1 | - | €1,808 | +€1,808 | |
| Total equity and liabilities | 10/49 | €6,308 | €18,219 | +€11,910 | +188.8% |
| Equity | 10/15 | -€17,787 | -€26,983 | -€9,196 | -51.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €3,492 | €3,492 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,744 | €1,744 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,744 | €1,744 | = | 0.0% |
| Distributable reserves | 133 | €1,749 | €1,749 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€39,871 | -€49,067 | -€9,196 | -23.1% |
| Amounts payable | 17/49 | €24,095 | €45,201 | +€21,106 | +87.6% |
| Amounts payable within one year | 42/48 | €24,095 | €45,201 | +€21,106 | +87.6% |
| Trade debts | 44 | €11,740 | €1,300 | -€10,441 | -88.9% |
| Suppliers | 440/4 | €11,740 | €1,300 | -€10,441 | -88.9% |
| Taxes, remuneration and social security | 45 | €9,656 | €3,902 | -€5,754 | -59.6% |
| Taxes | 450/3 | €4,880 | €1,142 | -€3,738 | -76.6% |
| Remuneration and social security | 454/9 | €4,776 | €2,759 | -€2,016 | -42.2% |
| Other amounts payable | 47/48 | €2,699 | €40,000 | +€37,301 | +1381.9% |
| Turnover | 70 | - | €19,649 | +€19,649 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €21,306 | +€21,306 | |
| Remuneration, social security and pensions | 62 | €34,290 | €18,378 | -€15,912 | -46.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,471 | €2,308 | -€163 | -6.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€18,446 | -€18,446 | |
| Other operating charges | 640/8 | €23,052 | - | -€23,052 | |
| Gross operating margin | 9900 | €57,815 | -€1,657 | -€59,472 | |
| Operating profit (loss) | 9901 | -€1,998 | -€3,897 | -€1,900 | -95.1% |
| Financial income | 75/76B | €0 | €655 | +€655 | +467728.6% |
| Recurring financial income | 75 | €0 | €655 | +€655 | +467728.6% |
| Financial charges | 65/66B | €1,782 | €752 | -€1,030 | -57.8% |
| Recurring financial charges | 65 | €1,782 | €752 | -€1,030 | -57.8% |
| Profit (loss) for the period before taxes | 9903 | -€3,779 | -€3,994 | -€215 | -5.7% |
| Income taxes | 67/77 | €9,466 | €5,201 | -€4,265 | -45.1% |
| Profit (loss) for the period | 9904 | -€13,245 | -€9,196 | +€4,049 | +30.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,245 | -€9,196 | +€4,049 | +30.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.