KRIDAM: 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.
KRIDAM
Largest movements
- Current investments -€32,361
down €32,361 (-32.7%), from €99,030 to €66,669
- Cash +€14,329
up €14,329 (+40.3%), from €35,581 to €49,910
mainly Net result for the year (+€79,143) and Other debts (+€78,940)
- Tangible fixed assets +€9,674
up €9,674 (+30.1%), from €32,170 to €41,844
of which Furniture and vehicles: +€10,233
- Receivables within one year +€7,397
up €7,397 (+36.0%), from €20,533 to €27,930
of which Trade receivables: +€7,466
- Other debts +€78,940
up €78,940 (+6986.7%), from €1,130 to €80,070
- Reserves -€66,682
down €66,682 (-42.2%), from €158,122 to €91,439
- Tax, wage and social debts -€13,702
down €13,702 (-54.0%), from €25,392 to €11,690
of which Taxes: -€15,981
- Gross operating margin +€15,775
up €15,775 (+15.2%), from €103,598 to €119,373
- Depreciation -€14,910
down €14,910 (-73.4%), from €20,322 to €5,412
- Staff costs +€3,678
new in 2025: €3,678
- Taxes +€3,238
up €3,238 (+18.6%), from €17,375 to €20,614
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 | €187,949 | €186,843 | -€1,106 | -0.6% |
| Fixed assets | 21/28 | €32,170 | €41,844 | +€9,674 | +30.1% |
| Tangible fixed assets | 22/27 | €32,170 | €41,844 | +€9,674 | +30.1% |
| Land and buildings | 22 | €1,887 | €1,694 | -€192 | -10.2% |
| Plant, machinery and equipment | 23 | €1,328 | €962 | -€367 | -27.6% |
| Furniture and vehicles | 24 | €28,955 | €39,188 | +€10,233 | +35.3% |
| Current assets | 29/58 | €155,779 | €144,999 | -€10,780 | -6.9% |
| Amounts receivable within one year | 40/41 | €20,533 | €27,930 | +€7,397 | +36.0% |
| Trade receivables | 40 | €20,464 | €27,930 | +€7,466 | +36.5% |
| Other amounts receivable | 41 | €68 | - | -€68 | |
| Current investments | 50/53 | €99,030 | €66,669 | -€32,361 | -32.7% |
| Cash at bank and in hand | 54/58 | €35,581 | €49,910 | +€14,329 | +40.3% |
| Deferred charges and accrued income | 490/1 | €636 | €490 | -€145 | -22.9% |
| Total equity and liabilities | 10/49 | €187,949 | €186,843 | -€1,106 | -0.6% |
| Equity | 10/15 | €160,622 | €93,939 | -€66,682 | -41.5% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €158,122 | €91,439 | -€66,682 | -42.2% |
| Distributable reserves | 133 | €158,122 | €91,439 | -€66,682 | -42.2% |
| Amounts payable | 17/49 | €27,327 | €92,903 | +€65,576 | +240.0% |
| Amounts payable within one year | 42/48 | €27,327 | €92,903 | +€65,576 | +240.0% |
| Trade debts | 44 | €805 | €1,143 | +€338 | +42.0% |
| Suppliers | 440/4 | €805 | €1,143 | +€338 | +42.0% |
| Taxes, remuneration and social security | 45 | €25,392 | €11,690 | -€13,702 | -54.0% |
| Taxes | 450/3 | €25,392 | €9,411 | -€15,981 | -62.9% |
| Remuneration and social security | 454/9 | - | €2,279 | +€2,279 | |
| Other amounts payable | 47/48 | €1,130 | €80,070 | +€78,940 | +6986.7% |
| Remuneration, social security and pensions | 62 | - | €3,678 | +€3,678 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,322 | €5,412 | -€14,910 | -73.4% |
| Other operating charges | 640/8 | €187 | €504 | +€318 | +170.0% |
| Non-recurring operating charges | 66A | - | €11,230 | +€11,230 | |
| Gross operating margin | 9900 | €103,598 | €119,373 | +€15,775 | +15.2% |
| Operating profit (loss) | 9901 | €83,089 | €98,549 | +€15,459 | +18.6% |
| Financial income | 75/76B | €1,013 | €1,250 | +€237 | +23.4% |
| Recurring financial income | 75 | €1,013 | €1,250 | +€237 | +23.4% |
| Financial charges | 65/66B | €45 | €42 | -€2 | -4.9% |
| Recurring financial charges | 65 | €45 | €42 | -€2 | -4.9% |
| Profit (loss) for the period before taxes | 9903 | €84,058 | €99,756 | +€15,698 | +18.7% |
| Income taxes | 67/77 | €17,375 | €20,614 | +€3,238 | +18.6% |
| Profit (loss) for the period | 9904 | €66,682 | €79,143 | +€12,460 | +18.7% |
| Profit (loss) for the period to be appropriated | 9905 | €66,682 | €79,143 | +€12,460 | +18.7% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.