KRETABWAT: 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.
KRETABWAT
Largest movements
- Cash +€33,913
up €33,913 (+66.6%), from €50,911 to €84,824
mainly Net result for the year (+€24,526) and Receivables within one year (+€18,345)
- Receivables within one year -€18,345
down €18,345 (-54.7%), from €33,544 to €15,198
- Tangible fixed assets -€7,675
down €7,675 (-9.4%), from €81,557 to €73,882
of which Land and buildings: -€6,240
- Other debts +€7,733
up €7,733 (+126%), from €6,127 to €13,860
- Profit (loss) carried forward +€7,696
up €7,696 (+8.7%), from €88,934 to €96,630
- Debts after one year -€6,839
down €6,839 (-19.4%), from €35,197 to €28,358
- Financial charges +€826
up €826 (+34.9%), from €2,366 to €3,192
- Gross operating margin +€793
up €793 (+1.8%), from €43,410 to €44,203
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 | €166,011 | €174,115 | +€8,104 | +4.9% |
| Fixed assets | 21/28 | €81,557 | €73,882 | -€7,675 | -9.4% |
| Tangible fixed assets | 22/27 | €81,557 | €73,882 | -€7,675 | -9.4% |
| Land and buildings | 22 | €76,536 | €70,296 | -€6,240 | -8.2% |
| Furniture and vehicles | 24 | €5,021 | €3,586 | -€1,435 | -28.6% |
| Current assets | 29/58 | €84,454 | €100,232 | +€15,778 | +18.7% |
| Amounts receivable within one year | 40/41 | €33,544 | €15,198 | -€18,345 | -54.7% |
| Trade receivables | 40 | €33,544 | €15,198 | -€18,345 | -54.7% |
| Cash at bank and in hand | 54/58 | €50,911 | €84,824 | +€33,913 | +66.6% |
| Deferred charges and accrued income | 490/1 | - | €210 | +€210 | |
| Total equity and liabilities | 10/49 | €166,011 | €174,115 | +€8,104 | +4.9% |
| Equity | 10/15 | €109,394 | €117,090 | +€7,696 | +7.0% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Profit (loss) carried forward | 14 | €88,934 | €96,630 | +€7,696 | +8.7% |
| Amounts payable | 17/49 | €56,617 | €57,025 | +€407 | +0.7% |
| Amounts payable after more than one year | 17 | €35,197 | €28,358 | -€6,839 | -19.4% |
| Financial debts | 170/4 | €35,197 | €28,358 | -€6,839 | -19.4% |
| Amounts payable within one year | 42/48 | €21,420 | €28,666 | +€7,246 | +33.8% |
| Current portion of amounts payable after more than one year | 42 | €7,912 | €8,126 | +€213 | +2.7% |
| Trade debts | 44 | €904 | €332 | -€572 | -63.3% |
| Suppliers | 440/4 | €904 | €332 | -€572 | -63.3% |
| Taxes, remuneration and social security | 45 | €6,477 | €6,348 | -€129 | -2.0% |
| Taxes | 450/3 | €6,477 | €6,348 | -€129 | -2.0% |
| Other amounts payable | 47/48 | €6,127 | €13,860 | +€7,733 | +126% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,909 | €7,675 | -€234 | -3.0% |
| Other operating charges | 640/8 | €1,275 | €1,343 | +€67 | +5.3% |
| Gross operating margin | 9900 | €43,410 | €44,203 | +€793 | +1.8% |
| Operating profit (loss) | 9901 | €34,225 | €35,186 | +€960 | +2.8% |
| Financial income | 75/76B | €129 | €523 | +€394 | +306% |
| Recurring financial income | 75 | €129 | €523 | +€394 | +306% |
| Financial charges | 65/66B | €2,366 | €3,192 | +€826 | +34.9% |
| Recurring financial charges | 65 | €2,366 | €3,192 | +€826 | +34.9% |
| Profit (loss) for the period before taxes | 9903 | €31,988 | €32,516 | +€529 | +1.7% |
| Income taxes | 67/77 | €7,935 | €7,991 | +€55 | +0.7% |
| Profit (loss) for the period | 9904 | €24,052 | €24,526 | +€473 | +2.0% |
| Profit (loss) for the period to be appropriated | 9905 | €24,052 | €24,526 | +€473 | +2.0% |
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 17 October 2026 via checked.be.