KRIGARE: 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.
KRIGARE
Largest movements
- Current investments +€180,000
new in 2024: €180,000
- Tangible fixed assets +€127,977
up €127,977 (+89.8%), from €142,510 to €270,487
of which Furniture and vehicles: +€94,163
- Cash -€76,092
down €76,092 (-55.7%), from €136,577 to €60,485
mainly Investment in fixed assets (net) (-€186,802) and Current investments (-€180,000)
- Deferred charges and accrued income +€24,344
up €24,344 (+120%), from €20,218 to €44,562
- Receivables within one year -€20,018
down €20,018 (-23.8%), from €83,980 to €63,962
of which Trade receivables: -€37,361
- Reserves +€164,000
new in 2024: €164,000
- Tax, wage and social debts +€122,875
up €122,875 (+368%), from €33,416 to €156,290
- Other debts -€105,944
down €105,944 (-100%), from €105,944 to €0
- Debts after one year +€61,555
up €61,555 (+90.6%), from €67,923 to €129,478
- Current portion of long-term debt +€25,112
up €25,112 (+120%), from €20,932 to €46,044
- Gross operating margin +€158,688
up €158,688 (+113%), from €140,427 to €299,115
- Taxes +€29,348
up €29,348 (+110%), from €26,646 to €55,993
- Depreciation +€26,401
up €26,401 (+81.4%), from €32,424 to €58,825
- Financial charges +€12,292
up €12,292 (+174%), from €7,081 to €19,373
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €383,315 | €619,525 | +€236,210 | +61.6% |
| Fixed assets | 21/28 | €142,540 | €270,517 | +€127,977 | +89.8% |
| Tangible fixed assets | 22/27 | €142,510 | €270,487 | +€127,977 | +89.8% |
| Furniture and vehicles | 24 | €102,566 | €196,728 | +€94,163 | +91.8% |
| Other tangible fixed assets | 26 | €39,945 | €35,009 | -€4,936 | -12.4% |
| Assets under construction and advance payments | 27 | - | €38,750 | +€38,750 | |
| Financial fixed assets | 28 | €30 | €30 | = | 0.0% |
| Current assets | 29/58 | €240,775 | €349,008 | +€108,233 | +45.0% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €83,980 | €63,962 | -€20,018 | -23.8% |
| Trade receivables | 40 | €83,938 | €46,577 | -€37,361 | -44.5% |
| Other amounts receivable | 41 | €42 | €17,385 | +€17,343 | +41,223% |
| Current investments | 50/53 | - | €180,000 | +€180,000 | |
| Cash at bank and in hand | 54/58 | €136,577 | €60,485 | -€76,092 | -55.7% |
| Deferred charges and accrued income | 490/1 | €20,218 | €44,562 | +€24,344 | +120% |
| Total equity and liabilities | 10/49 | €383,315 | €619,525 | +€236,210 | +61.6% |
| Equity | 10/15 | €20,000 | €169,413 | +€149,413 | +747% |
| Contributions | 10/11 | €20,000 | €5,000 | -€15,000 | -75.0% |
| Reserves | 13 | - | €164,000 | +€164,000 | |
| Distributable reserves | 133 | - | €164,000 | +€164,000 | |
| Profit (loss) carried forward | 14 | €0 | €413 | +€413 | |
| Amounts payable | 17/49 | €363,315 | €450,113 | +€86,797 | +23.9% |
| Amounts payable after more than one year | 17 | €67,923 | €129,478 | +€61,555 | +90.6% |
| Financial debts | 170/4 | €67,923 | €129,478 | +€61,555 | +90.6% |
| Amounts payable within one year | 42/48 | €212,684 | €240,909 | +€28,224 | +13.3% |
| Current portion of amounts payable after more than one year | 42 | €20,932 | €46,044 | +€25,112 | +120% |
| Trade debts | 44 | €52,393 | €38,574 | -€13,818 | -26.4% |
| Suppliers | 440/4 | €52,393 | €38,574 | -€13,818 | -26.4% |
| Taxes, remuneration and social security | 45 | €33,416 | €156,290 | +€122,875 | +368% |
| Taxes | 450/3 | €33,416 | €156,290 | +€122,875 | +368% |
| Other amounts payable | 47/48 | €105,944 | €0 | -€105,944 | -100% |
| Accrued charges and deferred income | 492/3 | €82,708 | €79,726 | -€2,982 | -3.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,424 | €58,825 | +€26,401 | +81.4% |
| Other operating charges | 640/8 | €1,875 | €511 | -€1,364 | -72.7% |
| Gross operating margin | 9900 | €140,427 | €299,115 | +€158,688 | +113% |
| Operating profit (loss) | 9901 | €106,128 | €239,778 | +€133,650 | +126% |
| Financial income | 75/76B | €989 | - | -€989 | |
| Recurring financial income | 75 | €989 | - | -€989 | |
| Financial charges | 65/66B | €7,081 | €19,373 | +€12,292 | +174% |
| Recurring financial charges | 65 | €7,081 | €19,373 | +€12,292 | +174% |
| Profit (loss) for the period before taxes | 9903 | €100,036 | €220,406 | +€120,369 | +120% |
| Income taxes | 67/77 | €26,646 | €55,993 | +€29,348 | +110% |
| Profit (loss) for the period | 9904 | €73,391 | €164,413 | +€91,022 | +124% |
| Profit (loss) for the period to be appropriated | 9905 | €73,391 | €164,413 | +€91,022 | +124% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.