KRIDA: 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.
KRIDA
Largest movements
- Tangible fixed assets +€1.2m
up €1.2m (+194.9%), from €604,252 to €1.8m
- Financial fixed assets +€780,297
up €780,297 (+1348.4%), from €57,869 to €838,166
- Cash +€40,449
up €40,449 (+1422.1%), from €2,844 to €43,293
mainly Debts after one year (+€1.7m) and Net result for the year (+€243,937)
- Debts after one year +€1.7m
up €1.7m (+485.6%), from €339,806 to €2.0m
- Reserves +€243,937
up €243,937 (+150.8%), from €161,789 to €405,726
of which Distributable reserves: +€248,557
- Current portion of long-term debt +€33,240
up €33,240 (+83.1%), from €39,987 to €73,227
- Trade debts +€29,952
up €29,952 (+7846.8%), from €382 to €30,334
- Gross operating margin +€125,988
up €125,988 (+233.6%), from €53,928 to €179,916
- Financial income +€98,726
up €98,726 (+101.2%), from €97,568 to €196,294
- Financial charges +€29,895
up €29,895 (+275.0%), from €10,872 to €40,768
- Depreciation +€22,777
up €22,777 (+55.2%), from €41,283 to €64,060
- Taxes +€15,432
up €15,432 (+163.8%), from €9,423 to €24,856
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.
Cash bridge derived
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 | €664,966 | €2,663,361 | +€2.0m | +300.5% |
| Fixed assets | 21/28 | €662,122 | €2,620,066 | +€2.0m | +295.7% |
| Tangible fixed assets | 22/27 | €604,252 | €1,781,900 | +€1.2m | +194.9% |
| Land and buildings | 22 | €604,252 | €1,781,900 | +€1.2m | +194.9% |
| Financial fixed assets | 28 | €57,869 | €838,166 | +€780,297 | +1348.4% |
| Current assets | 29/58 | €2,844 | €43,295 | +€40,451 | +1422.2% |
| Amounts receivable within one year | 40/41 | €0 | €2 | +€2 | |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | - | €2 | +€2 | |
| Cash at bank and in hand | 54/58 | €2,844 | €43,293 | +€40,449 | +1422.1% |
| Total equity and liabilities | 10/49 | €664,966 | €2,663,361 | +€2.0m | +300.5% |
| Equity | 10/15 | €261,029 | €504,965 | +€243,937 | +93.5% |
| Contributions | 10/11 | €83,017 | €83,017 | = | 0.0% |
| Reserves | 13 | €161,789 | €405,726 | +€243,937 | +150.8% |
| Tax-exempt reserves | 132 | €55,438 | €50,818 | -€4,620 | -8.3% |
| Distributable reserves | 133 | €106,351 | €354,907 | +€248,557 | +233.7% |
| Profit (loss) carried forward | 14 | €16,223 | €16,223 | = | 0.0% |
| Provisions and deferred taxes | 16 | €13,860 | €12,705 | -€1,155 | -8.3% |
| Deferred taxes | 168 | €13,860 | €12,705 | -€1,155 | -8.3% |
| Amounts payable | 17/49 | €390,078 | €2,145,691 | +€1.8m | +450.1% |
| Amounts payable after more than one year | 17 | €339,806 | €1,989,965 | +€1.7m | +485.6% |
| Financial debts | 170/4 | €339,806 | €1,989,965 | +€1.7m | +485.6% |
| Amounts payable within one year | 42/48 | €49,792 | €153,084 | +€103,291 | +207.4% |
| Current portion of amounts payable after more than one year | 42 | €39,987 | €73,227 | +€33,240 | +83.1% |
| Trade debts | 44 | €382 | €30,334 | +€29,952 | +7846.8% |
| Suppliers | 440/4 | €382 | €30,334 | +€29,952 | +7846.8% |
| Taxes, remuneration and social security | 45 | €9,423 | €29,523 | +€20,100 | +213.3% |
| Taxes | 450/3 | €9,423 | €29,523 | +€20,100 | +213.3% |
| Other amounts payable | 47/48 | €0 | €20,000 | +€20,000 | |
| Accrued charges and deferred income | 492/3 | €480 | €2,642 | +€2,163 | +450.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,283 | €64,060 | +€22,777 | +55.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €1,460 | €3,745 | +€2,284 | +156.4% |
| Gross operating margin | 9900 | €53,928 | €179,916 | +€125,988 | +233.6% |
| Operating profit (loss) | 9901 | €11,184 | €112,111 | +€100,927 | +902.4% |
| Financial income | 75/76B | €97,568 | €196,294 | +€98,726 | +101.2% |
| Recurring financial income | 75 | €97,568 | €196,294 | +€98,726 | +101.2% |
| Financial charges | 65/66B | €10,872 | €40,768 | +€29,895 | +275.0% |
| Recurring financial charges | 65 | €10,872 | €40,768 | +€29,895 | +275.0% |
| Profit (loss) for the period before taxes | 9903 | €97,880 | €267,638 | +€169,757 | +173.4% |
| Transfer from deferred taxes | 780 | €1,155 | €1,155 | = | 0.0% |
| Income taxes | 67/77 | €9,423 | €24,856 | +€15,432 | +163.8% |
| Profit (loss) for the period | 9904 | €89,612 | €243,937 | +€154,325 | +172.2% |
| Transfer from tax-exempt reserves | 789 | €4,620 | €4,620 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €94,232 | €248,557 | +€154,325 | +163.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.