KRG GROUP: 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.
KRG GROUP
Largest movements
- Receivables within one year -€925
down €925 (-37.2%), from €2,487 to €1,562
- Cash -€57
down €57 (-2.5%), from €2,299 to €2,242
mainly Trade debts (-€1,438) and Tax, wage and social debts (-€1,431)
- Other debts +€2,331
up €2,331 (+42.8%), from €5,451 to €7,782
- Trade debts -€1,438
no longer reported in 2022 (was €1,438)
- Tax, wage and social debts -€1,431
no longer reported in 2022 (was €1,431)
- Profit (loss) carried forward -€445
down €445 (-8.8%), from -€5,033 to -€5,478
- Turnover +€36,475
up €36,475 (+62.1%), from €58,744 to €95,220
- Purchases and services +€32,837
up €32,837 (+52.3%), from €62,827 to €95,664
- Gross operating margin +€3,638
up €3,638 (+89.1%), from -€4,083 to -€445
From the 2021 result to the 2022 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 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,787 | €3,804 | -€983 | -20.5% |
| Formation expenses | 20 | €0 | - | = | |
| Current assets | 29/58 | €4,787 | €3,804 | -€983 | -20.5% |
| Amounts receivable within one year | 40/41 | €2,487 | €1,562 | -€925 | -37.2% |
| Other amounts receivable | 41 | €2,487 | €1,562 | -€925 | -37.2% |
| Cash at bank and in hand | 54/58 | €2,299 | €2,242 | -€57 | -2.5% |
| Total equity and liabilities | 10/49 | €4,787 | €3,804 | -€983 | -20.5% |
| Equity | 10/15 | -€3,533 | -€3,978 | -€445 | -12.6% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Outside capital | 11 | €1,500 | €1,500 | = | 0.0% |
| Other | 1109/19 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,033 | -€5,478 | -€445 | -8.8% |
| Amounts payable | 17/49 | €8,320 | €7,782 | -€538 | -6.5% |
| Amounts payable within one year | 42/48 | €8,320 | €7,782 | -€538 | -6.5% |
| Trade debts | 44 | €1,438 | - | -€1,438 | |
| Suppliers | 440/4 | €1,438 | - | -€1,438 | |
| Taxes, remuneration and social security | 45 | €1,431 | - | -€1,431 | |
| Taxes | 450/3 | €1,431 | - | -€1,431 | |
| Other amounts payable | 47/48 | €5,451 | €7,782 | +€2,331 | +42.8% |
| Turnover | 70 | €58,744 | €95,220 | +€36,475 | +62.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €62,827 | €95,664 | +€32,837 | +52.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €950 | - | -€950 | |
| Gross operating margin | 9900 | -€4,083 | -€445 | +€3,638 | +89.1% |
| Operating profit (loss) | 9901 | -€5,033 | -€445 | +€4,589 | +91.2% |
| Profit (loss) for the period before taxes | 9903 | -€5,033 | -€445 | +€4,589 | +91.2% |
| Profit (loss) for the period | 9904 | -€5,033 | -€445 | +€4,589 | +91.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,033 | -€445 | +€4,589 | +91.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.