KRIDI: 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.
KRIDI
Largest movements
- Current investments +€3.9m
up €3.9m (+700.0%), from €550,000 to €4.4m
- Tangible fixed assets -€450,107
down €450,107 (-79.1%), from €569,044 to €118,937
of which Land and buildings: -€421,477
- Financial fixed assets -€182,559
down €182,559 (-3.3%), from €5.6m to €5.4m
- Reserves +€2.4m
up €2.4m (+35.7%), from €6.7m to €9.0m
of which Tax-exempt reserves: +€2.5m
- Provisions +€833,784
new in 2025: €833,784
- Gross operating margin +€3.1m
up €3.1m (+1673.2%), from €186,561 to €3.3m
- Financial income +€197,042
up €197,042 (+793.2%), from €24,841 to €221,883
of which Non-recurring financial income: +€150,000
- Financial charges +€130,988
up €130,988 (+84.1%), from €155,797 to €286,785
of which Non-recurring financial charges: +€132,726
- Taxes -€41,589
down €41,589, from €41,558 to -€30
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 | €6,879,380 | €9,990,829 | +€3.1m | +45.2% |
| Fixed assets | 21/28 | €6,149,009 | €5,516,343 | -€632,666 | -10.3% |
| Tangible fixed assets | 22/27 | €569,044 | €118,937 | -€450,107 | -79.1% |
| Land and buildings | 22 | €421,477 | €0 | -€421,477 | -100.0% |
| Plant, machinery and equipment | 23 | - | €2,312 | +€2,312 | |
| Furniture and vehicles | 24 | €147,566 | €116,624 | -€30,942 | -21.0% |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Financial fixed assets | 28 | €5,579,966 | €5,397,406 | -€182,559 | -3.3% |
| Current assets | 29/58 | €730,370 | €4,474,486 | +€3.7m | +512.6% |
| Amounts receivable within one year | 40/41 | €117,705 | €24,217 | -€93,488 | -79.4% |
| Trade receivables | 40 | €19,502 | €2,420 | -€17,082 | -87.6% |
| Other amounts receivable | 41 | €98,203 | €21,797 | -€76,406 | -77.8% |
| Current investments | 50/53 | €550,000 | €4,400,000 | +€3.9m | +700.0% |
| Cash at bank and in hand | 54/58 | €58,847 | €39,985 | -€18,862 | -32.1% |
| Deferred charges and accrued income | 490/1 | €3,818 | €10,283 | +€6,465 | +169.3% |
| Total equity and liabilities | 10/49 | €6,879,380 | €9,990,829 | +€3.1m | +45.2% |
| Equity | 10/15 | €6,778,053 | €9,154,100 | +€2.4m | +35.1% |
| Contributions | 10/11 | €123,947 | €123,947 | = | 0.0% |
| Capital | 10 | €123,947 | €123,947 | = | 0.0% |
| Issued capital | 100 | €123,947 | €123,947 | = | 0.0% |
| Reserves | 13 | €6,654,106 | €9,030,153 | +€2.4m | +35.7% |
| Non-distributable reserves | 130/1 | €12,395 | €12,395 | = | 0.0% |
| Legal reserve | 130 | €12,395 | €12,395 | = | 0.0% |
| Tax-exempt reserves | 132 | - | €2,501,351 | +€2.5m | |
| Distributable reserves | 133 | €6,641,711 | €6,516,407 | -€125,304 | -1.9% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Provisions and deferred taxes | 16 | - | €833,784 | +€833,784 | |
| Deferred taxes | 168 | - | €833,784 | +€833,784 | |
| Amounts payable | 17/49 | €101,327 | €2,945 | -€98,382 | -97.1% |
| Amounts payable within one year | 42/48 | €101,327 | €2,945 | -€98,382 | -97.1% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €10,704 | €2,851 | -€7,853 | -73.4% |
| Suppliers | 440/4 | €10,704 | €2,851 | -€7,853 | -73.4% |
| Taxes, remuneration and social security | 45 | €15,082 | €0 | -€15,082 | -100.0% |
| Taxes | 450/3 | €15,082 | €0 | -€15,082 | -100.0% |
| Other amounts payable | 47/48 | €75,540 | €94 | -€75,447 | -99.9% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | - | €3,428,523 | +€3.4m | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,216 | €31,722 | +€7,506 | +31.0% |
| Other operating charges | 640/8 | €16,311 | €1,651 | -€14,660 | -89.9% |
| Gross operating margin | 9900 | €186,561 | €3,308,076 | +€3.1m | +1673.2% |
| Operating profit (loss) | 9901 | €146,034 | €3,274,703 | +€3.1m | +2142.4% |
| Financial income | 75/76B | €24,841 | €221,883 | +€197,042 | +793.2% |
| Recurring financial income | 75 | €24,841 | €71,883 | +€47,042 | +189.4% |
| Non-recurring financial income | 76B | €0 | €150,000 | +€150,000 | |
| Financial charges | 65/66B | €155,797 | €286,785 | +€130,988 | +84.1% |
| Recurring financial charges | 65 | €5,797 | €4,059 | -€1,738 | -30.0% |
| Non-recurring financial charges | 66B | €150,000 | €282,726 | +€132,726 | +88.5% |
| Profit (loss) for the period before taxes | 9903 | €15,078 | €3,209,800 | +€3.2m | +21187.8% |
| Transfer to deferred taxes | 680 | - | €833,784 | +€833,784 | |
| Income taxes | 67/77 | €41,558 | -€30 | -€41,589 | |
| Profit (loss) for the period | 9904 | -€26,480 | €2,376,047 | +€2.4m | |
| Transfer to tax-exempt reserves | 689 | - | €2,501,351 | +€2.5m | |
| Profit (loss) for the period to be appropriated | 9905 | -€26,480 | -€125,304 | -€98,824 | -373.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.