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KRIGENNIC: what changed

What changed

KRIGENNIC

BE 1011.835.605
NACE 68.203, Renting and operating of own or leased non-residential real estate, excluding land
filed annual accounts (NBB)
Financial years compared with
Net result for the year
-€27,348
2024 · -€2,502-€24,847
Equity
€506,150
2024 · €533,498-€27,348
Cash
€7,764
2024 · €17,759-€9,995
Balance sheet total
€837,877
2024 · €535,022+€302,855

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets +€315,625

    up €315,625 (+61.4%), from €514,422 to €830,047

  • Cash -€9,995

    down €9,995 (-56.3%), from €17,759 to €7,764

    mainly Investment in fixed assets (net) (-€347,720) and Net result for the year (-€27,348)

Equity and liabilities
  • Debts after one year +€295,358

    new in 2025: €295,358

  • Profit (loss) carried forward -€27,348

    down €27,348 (-1,093%), from -€2,502 to -€29,850

  • Other debts +€18,333

    up €18,333 (+36,666%), from €50 to €18,383

  • Current portion of long-term debt +€16,579

    new in 2025: €16,579

Income statement
  • Depreciation +€21,125

    up €21,125 (+153%), from €13,812 to €34,937

  • Turnover -€12,500

    no longer reported in 2025 (was €12,500)

  • Financial charges +€8,797

    up €8,797 (+14,188%), from €62 to €8,859

  • Gross operating margin +€5,117

    up €5,117 (+45.0%), from €11,373 to €16,490

  • Purchases and services -€1,127

    no longer reported in 2025 (was €1,127)

Change in the result, 2024 to 2025

effect on the result

For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.

Result 2024 -€2,502
Gross operating margin +€5,117
Depreciation -€21,125
Other operating charges -€43
Financial charges -€8,797
Result 2025 -€27,348
raises the resultlowers the result

Derived cash bridge

cash 2024 to 2025

The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.

From operations +€25,789
Investment -€347,720
Financing +€311,937
Cash 2024 €17,759
Net result for the year -€27,348
Depreciation +€34,937
Smaller working-capital items -€133
Other debts +€18,333
Investment in fixed assets (net) -€347,720
Debts after one year +€295,358
Current portion of long-term debt +€16,579
Cash 2025 €7,764
brings cash intakes cash out
Every line side by side 36 lines
Line Code 2024 2025 Change %
Total assets 20/58 €535,022 €837,877 +€302,855 +56.6%
Formation expenses 20 €2,841 - -€2,841
Fixed assets 21/28 €514,422 €830,047 +€315,625 +61.4%
Tangible fixed assets 22/27 €514,422 €830,047 +€315,625 +61.4%
Land and buildings 22 €514,422 €830,047 +€315,625 +61.4%
Current assets 29/58 €17,759 €7,830 -€9,929 -55.9%
Amounts receivable within one year 40/41 €0 - =
Trade receivables 40 €0 - =
Other amounts receivable 41 €0 - =
Cash at bank and in hand 54/58 €17,759 €7,764 -€9,995 -56.3%
Deferred charges and accrued income 490/1 - €66 +€66
Total equity and liabilities 10/49 €535,022 €837,877 +€302,855 +56.6%
Equity 10/15 €533,498 €506,150 -€27,348 -5.1%
Contributions 10/11 €536,000 €536,000 = 0.0%
Profit (loss) carried forward 14 -€2,502 -€29,850 -€27,348 -1,093%
Amounts payable 17/49 €1,524 €331,727 +€330,203 +21,667%
Amounts payable after more than one year 17 - €295,358 +€295,358
Financial debts 170/4 - €295,358 +€295,358
Amounts payable within one year 42/48 €1,524 €36,368 +€34,845 +2,286%
Current portion of amounts payable after more than one year 42 - €16,579 +€16,579
Trade debts 44 €0 €182 +€182
Suppliers 440/4 €0 €182 +€182
Taxes, remuneration and social security 45 €1,474 €1,224 -€250 -16.9%
Taxes 450/3 €1,474 €1,224 -€250 -16.9%
Other amounts payable 47/48 €50 €18,383 +€18,333 +36,666%
Turnover 70 €12,500 - -€12,500
Goods, raw materials, services and sundry goods 60/61 €1,127 - -€1,127
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €13,812 €34,937 +€21,125 +153%
Other operating charges 640/8 - €43 +€43
Gross operating margin 9900 €11,373 €16,490 +€5,117 +45.0%
Operating profit (loss) 9901 -€2,440 -€18,490 -€16,050 -658%
Financial charges 65/66B €62 €8,859 +€8,797 +14,188%
Recurring financial charges 65 €62 €8,859 +€8,797 +14,188%
Profit (loss) for the period before taxes 9903 -€2,502 -€27,348 -€24,847 -993%
Profit (loss) for the period 9904 -€2,502 -€27,348 -€24,847 -993%
Profit (loss) for the period to be appropriated 9905 -€2,502 -€27,348 -€24,847 -993%
Calculation and sources

Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.