KRIBELCO: 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.
KRIBELCO
Largest movements
- Tangible fixed assets +€88,243
up €88,243 (+15.9%), from €554,599 to €642,842
of which Furniture and vehicles: +€100,502
- Receivables within one year +€71,100
up €71,100 (+16.5%), from €430,946 to €502,046
of which Trade receivables: +€151,211
- Cash +€19,518
up €19,518 (+49.3%), from €39,552 to €59,070
mainly Net result for the year (+€214,295) and Depreciation (+€186,437)
- Other debts +€160,141
up €160,141 (+1,192%), from €13,430 to €173,570
- Trade debts +€75,024
up €75,024 (+52.3%), from €143,455 to €218,479
- Reserves -€74,758
down €74,758 (-14.9%), from €502,123 to €427,364
of which Distributable reserves: -€74,758
- Debts after one year -€33,503
down €33,503 (-12.9%), from €259,706 to €226,203
- Current portion of long-term debt +€26,657
up €26,657 (+42.7%), from €62,417 to €89,074
- Gross operating margin +€243,259
up €243,259 (+41.9%), from €580,373 to €823,632
- Staff costs +€82,858
up €82,858 (+37.2%), from €222,546 to €305,404
- Depreciation +€40,788
up €40,788 (+28.0%), from €145,649 to €186,437
- Taxes +€36,605
up €36,605 (+63.2%), from €57,917 to €94,522
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 | €1,092,761 | €1,269,975 | +€177,213 | +16.2% |
| Fixed assets | 21/28 | €557,049 | €645,292 | +€88,243 | +15.8% |
| Tangible fixed assets | 22/27 | €554,599 | €642,842 | +€88,243 | +15.9% |
| Land and buildings | 22 | €106,879 | €79,172 | -€27,707 | -25.9% |
| Plant, machinery and equipment | 23 | €100,351 | €115,799 | +€15,447 | +15.4% |
| Furniture and vehicles | 24 | €347,369 | €447,871 | +€100,502 | +28.9% |
| Financial fixed assets | 28 | €2,450 | €2,450 | = | 0.0% |
| Current assets | 29/58 | €535,712 | €624,683 | +€88,971 | +16.6% |
| Amounts receivable after more than one year | 29 | €35,000 | €35,000 | = | 0.0% |
| Other amounts receivable | 291 | €35,000 | €35,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €430,946 | €502,046 | +€71,100 | +16.5% |
| Trade receivables | 40 | €201,520 | €352,731 | +€151,211 | +75.0% |
| Other amounts receivable | 41 | €229,426 | €149,315 | -€80,111 | -34.9% |
| Cash at bank and in hand | 54/58 | €39,552 | €59,070 | +€19,518 | +49.3% |
| Deferred charges and accrued income | 490/1 | €30,215 | €28,567 | -€1,647 | -5.5% |
| Total equity and liabilities | 10/49 | €1,092,761 | €1,269,975 | +€177,213 | +16.2% |
| Equity | 10/15 | €522,123 | €447,364 | -€74,758 | -14.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €502,123 | €427,364 | -€74,758 | -14.9% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €500,123 | €425,364 | -€74,758 | -14.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €570,638 | €822,610 | +€251,972 | +44.2% |
| Amounts payable after more than one year | 17 | €259,706 | €226,203 | -€33,503 | -12.9% |
| Financial debts | 170/4 | €259,706 | €226,203 | -€33,503 | -12.9% |
| Amounts payable within one year | 42/48 | €310,933 | €595,116 | +€284,183 | +91.4% |
| Current portion of amounts payable after more than one year | 42 | €62,417 | €89,074 | +€26,657 | +42.7% |
| Financial debts | 43 | €60,000 | €76,818 | +€16,818 | +28.0% |
| Credit institutions | 430/8 | €60,000 | €76,818 | +€16,818 | +28.0% |
| Trade debts | 44 | €143,455 | €218,479 | +€75,024 | +52.3% |
| Suppliers | 440/4 | €143,455 | €218,479 | +€75,024 | +52.3% |
| Taxes, remuneration and social security | 45 | €31,631 | €37,175 | +€5,544 | +17.5% |
| Taxes | 450/3 | €3,475 | €2,917 | -€557 | -16.0% |
| Remuneration and social security | 454/9 | €28,157 | €34,258 | +€6,101 | +21.7% |
| Other amounts payable | 47/48 | €13,430 | €173,570 | +€160,141 | +1,192% |
| Accrued charges and deferred income | 492/3 | - | €1,292 | +€1,292 | |
| Remuneration, social security and pensions | 62 | €222,546 | €305,404 | +€82,858 | +37.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €145,649 | €186,437 | +€40,788 | +28.0% |
| Other operating charges | 640/8 | €11,933 | €17,463 | +€5,531 | +46.3% |
| Non-recurring operating charges | 66A | €2,396 | €0 | -€2,396 | -100% |
| Gross operating margin | 9900 | €580,373 | €823,632 | +€243,259 | +41.9% |
| Operating profit (loss) | 9901 | €197,848 | €314,327 | +€116,479 | +58.9% |
| Financial income | 75/76B | €9,330 | €10,958 | +€1,628 | +17.4% |
| Recurring financial income | 75 | €9,330 | €10,958 | +€1,628 | +17.4% |
| Financial charges | 65/66B | €14,991 | €16,469 | +€1,478 | +9.9% |
| Recurring financial charges | 65 | €14,991 | €16,469 | +€1,478 | +9.9% |
| Profit (loss) for the period before taxes | 9903 | €192,187 | €308,816 | +€116,629 | +60.7% |
| Income taxes | 67/77 | €57,917 | €94,522 | +€36,605 | +63.2% |
| Profit (loss) for the period | 9904 | €134,270 | €214,295 | +€80,024 | +59.6% |
| Profit (loss) for the period to be appropriated | 9905 | €134,270 | €214,295 | +€80,024 | +59.6% |
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 25 October 2026 via checked.be.