KRI & K: 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.
KRI & K
Largest movements
- Tangible fixed assets -€60,750
down €60,750 (-16.2%), from €373,998 to €313,248
of which Land and buildings: -€42,631
- Deferred charges and accrued income -€9,918
down €9,918 (-70.4%), from €14,087 to €4,169
- Cash +€9,780
up €9,780 (+15.1%), from €64,616 to €74,397
mainly Depreciation (+€60,750) and Deferred charges and accrued income (+€9,918)
- Debts after one year -€44,580
down €44,580 (-15.6%), from €286,427 to €241,847
- Trade debts -€25,626
down €25,626 (-81.5%), from €31,461 to €5,835
- Other debts +€7,895
up €7,895 (+355%), from €2,226 to €10,121
- Gross operating margin +€10,622
up €10,622 (+14.0%), from €75,743 to €86,365
- Taxes +€2,996
up €2,996, from -€34 to €2,962
- Other operating charges +€2,363
up €2,363 (+26.9%), from €8,768 to €11,131
- Depreciation -€1,248
down €1,248 (-2.0%), from €61,998 to €60,750
- Financial charges +€1,002
up €1,002 (+9.6%), from €10,409 to €11,411
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 | €571,155 | €506,366 | -€64,789 | -11.3% |
| Fixed assets | 21/28 | €373,998 | €313,248 | -€60,750 | -16.2% |
| Tangible fixed assets | 22/27 | €373,998 | €313,248 | -€60,750 | -16.2% |
| Land and buildings | 22 | €330,250 | €287,619 | -€42,631 | -12.9% |
| Plant, machinery and equipment | 23 | €20,488 | €15,358 | -€5,130 | -25.0% |
| Furniture and vehicles | 24 | €4,179 | €2,601 | -€1,578 | -37.8% |
| Leasing and similar rights | 25 | €19,080 | €7,670 | -€11,411 | -59.8% |
| Current assets | 29/58 | €197,158 | €193,118 | -€4,039 | -2.0% |
| Stocks and contracts in progress | 3 | €616 | €606 | -€9 | -1.5% |
| Stocks | 30/36 | €616 | €606 | -€9 | -1.5% |
| Amounts receivable within one year | 40/41 | €18,829 | €14,937 | -€3,892 | -20.7% |
| Trade receivables | 40 | €2,693 | €3,338 | +€645 | +23.9% |
| Other amounts receivable | 41 | €16,136 | €11,599 | -€4,537 | -28.1% |
| Current investments | 50/53 | €99,010 | €99,010 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €64,616 | €74,397 | +€9,780 | +15.1% |
| Deferred charges and accrued income | 490/1 | €14,087 | €4,169 | -€9,918 | -70.4% |
| Total equity and liabilities | 10/49 | €571,155 | €506,366 | -€64,789 | -11.3% |
| Equity | 10/15 | €198,249 | €202,424 | +€4,175 | +2.1% |
| Contributions | 10/11 | €66,415 | €66,415 | = | 0.0% |
| Reserves | 13 | €6,641 | €6,641 | = | 0.0% |
| Distributable reserves | 133 | €6,641 | €6,641 | = | 0.0% |
| Profit (loss) carried forward | 14 | €125,193 | €129,368 | +€4,175 | +3.3% |
| Amounts payable | 17/49 | €372,906 | €303,942 | -€68,964 | -18.5% |
| Amounts payable after more than one year | 17 | €286,427 | €241,847 | -€44,580 | -15.6% |
| Financial debts | 170/4 | €286,427 | €241,847 | -€44,580 | -15.6% |
| Amounts payable within one year | 42/48 | €85,091 | €61,250 | -€23,841 | -28.0% |
| Current portion of amounts payable after more than one year | 42 | €49,278 | €44,589 | -€4,689 | -9.5% |
| Trade debts | 44 | €31,461 | €5,835 | -€25,626 | -81.5% |
| Suppliers | 440/4 | €31,461 | €5,835 | -€25,626 | -81.5% |
| Taxes, remuneration and social security | 45 | €2,126 | €706 | -€1,420 | -66.8% |
| Taxes | 450/3 | €876 | €706 | -€170 | -19.4% |
| Remuneration and social security | 454/9 | €1,250 | €0 | -€1,250 | -100% |
| Other amounts payable | 47/48 | €2,226 | €10,121 | +€7,895 | +355% |
| Accrued charges and deferred income | 492/3 | €1,389 | €845 | -€544 | -39.1% |
| Remuneration, social security and pensions | 62 | €201 | €268 | +€67 | +33.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €61,998 | €60,750 | -€1,248 | -2.0% |
| Other operating charges | 640/8 | €8,768 | €11,131 | +€2,363 | +26.9% |
| Gross operating margin | 9900 | €75,743 | €86,365 | +€10,622 | +14.0% |
| Operating profit (loss) | 9901 | €4,776 | €14,216 | +€9,441 | +198% |
| Financial income | 75/76B | €4,169 | €4,332 | +€162 | +3.9% |
| Recurring financial income | 75 | €4,169 | €4,332 | +€162 | +3.9% |
| Financial charges | 65/66B | €10,409 | €11,411 | +€1,002 | +9.6% |
| Recurring financial charges | 65 | €10,409 | €11,411 | +€1,002 | +9.6% |
| Profit (loss) for the period before taxes | 9903 | -€1,464 | €7,137 | +€8,601 | |
| Income taxes | 67/77 | -€34 | €2,962 | +€2,996 | |
| Profit (loss) for the period | 9904 | -€1,430 | €4,175 | +€5,605 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,430 | €4,175 | +€5,605 |
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 19 October 2026 via checked.be.