KRETA M T: 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.
KRETA M T
Largest movements
- Receivables after one year +€20,000
up €20,000 (+27.2%), from €73,500 to €93,500
- Cash +€11,374
up €11,374 (+57.0%), from €19,966 to €31,340
mainly Other debts (+€20,020) and Tax, wage and social debts (+€14,727)
- Deferred charges and accrued income -€2,621
down €2,621 (-96.5%), from €2,715 to €94
- Intangible fixed assets -€1,726
down €1,726 (-14.3%), from €12,082 to €10,356
- Other debts +€20,020
up €20,020 (+13.2%), from €152,067 to €172,087
- Profit (loss) carried forward -€16,499
down €16,499 (-15.5%), from -€106,409 to -€122,908
- Tax, wage and social debts +€14,727
up €14,727 (+524%), from €2,811 to €17,538
of which Taxes: +€10,364
- Trade debts +€9,447
up €9,447 (+22.3%), from €42,433 to €51,880
- Gross operating margin -€21,661
down €21,661, from €17,325 to -€4,336
- Staff costs -€17,778
down €17,778 (-72.2%), from €24,637 to €6,859
- Other operating charges -€1,357
down €1,357 (-86.1%), from €1,577 to €220
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 | €120,902 | €148,597 | +€27,695 | +22.9% |
| Fixed assets | 21/28 | €24,585 | €23,549 | -€1,036 | -4.2% |
| Intangible fixed assets | 21 | €12,082 | €10,356 | -€1,726 | -14.3% |
| Tangible fixed assets | 22/27 | €1,643 | €2,333 | +€690 | +42.0% |
| Plant, machinery and equipment | 23 | €1,643 | €909 | -€734 | -44.7% |
| Furniture and vehicles | 24 | - | €1,424 | +€1,424 | |
| Financial fixed assets | 28 | €10,860 | €10,860 | = | 0.0% |
| Current assets | 29/58 | €96,317 | €125,048 | +€28,731 | +29.8% |
| Amounts receivable after more than one year | 29 | €73,500 | €93,500 | +€20,000 | +27.2% |
| Other amounts receivable | 291 | €73,500 | €93,500 | +€20,000 | +27.2% |
| Amounts receivable within one year | 40/41 | €136 | €114 | -€22 | -16.0% |
| Trade receivables | 40 | €136 | €114 | -€22 | -16.0% |
| Cash at bank and in hand | 54/58 | €19,966 | €31,340 | +€11,374 | +57.0% |
| Deferred charges and accrued income | 490/1 | €2,715 | €94 | -€2,621 | -96.5% |
| Total equity and liabilities | 10/49 | €120,902 | €148,597 | +€27,695 | +22.9% |
| Equity | 10/15 | -€76,409 | -€92,908 | -€16,499 | -21.6% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€106,409 | -€122,908 | -€16,499 | -15.5% |
| Amounts payable | 17/49 | €197,311 | €241,505 | +€44,194 | +22.4% |
| Amounts payable within one year | 42/48 | €197,311 | €241,505 | +€44,194 | +22.4% |
| Trade debts | 44 | €42,433 | €51,880 | +€9,447 | +22.3% |
| Suppliers | 440/4 | €42,433 | €51,880 | +€9,447 | +22.3% |
| Taxes, remuneration and social security | 45 | €2,811 | €17,538 | +€14,727 | +524% |
| Taxes | 450/3 | €1,499 | €11,863 | +€10,364 | +692% |
| Remuneration and social security | 454/9 | €1,312 | €5,674 | +€4,362 | +332% |
| Other amounts payable | 47/48 | €152,067 | €172,087 | +€20,020 | +13.2% |
| Remuneration, social security and pensions | 62 | €24,637 | €6,859 | -€17,778 | -72.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,460 | €2,499 | +€39 | +1.6% |
| Other operating charges | 640/8 | €1,577 | €220 | -€1,357 | -86.1% |
| Gross operating margin | 9900 | €17,325 | -€4,336 | -€21,661 | |
| Operating profit (loss) | 9901 | -€11,350 | -€13,914 | -€2,564 | -22.6% |
| Financial charges | 65/66B | €2,662 | €2,585 | -€77 | -2.9% |
| Recurring financial charges | 65 | €2,662 | €2,585 | -€77 | -2.9% |
| Profit (loss) for the period before taxes | 9903 | -€14,012 | -€16,499 | -€2,487 | -17.8% |
| Profit (loss) for the period | 9904 | -€14,012 | -€16,499 | -€2,487 | -17.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,012 | -€16,499 | -€2,487 | -17.8% |
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 30 October 2026 via checked.be.