KRIIGO: 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.
KRIIGO
Largest movements
- Receivables within one year -€9,727
down €9,727 (-73.1%), from €13,306 to €3,578
of which Other amounts receivable: -€7,859
- Cash +€2,561
up €2,561 (+43.8%), from €5,845 to €8,406
mainly Net result for the year (+€20,440) and Receivables within one year (+€9,727)
- Deferred charges and accrued income -€2,452
down €2,452 (-84.5%), from €2,900 to €448
- Stocks and contracts -€1,997
no longer reported in 2025 (was €1,997)
- Tangible fixed assets +€963
up €963 (+1.8%), from €54,164 to €55,127
of which Plant, machinery and equipment: +€2,841
- Trade debts -€40,255
down €40,255 (-70.4%), from €57,166 to €16,911
- Profit (loss) carried forward +€20,440
up €20,440, from -€7,650 to €12,790
- Tax, wage and social debts +€8,418
up €8,418 (+228%), from €3,695 to €12,112
of which Taxes: +€5,242
- Gross operating margin +€111,921
up €111,921, from -€2,383 to €109,538
- Staff costs +€69,134
up €69,134 (+1,443%), from €4,791 to €73,926
- Depreciation +€6,506
up €6,506 (+4,769%), from €136 to €6,643
- Financial charges +€4,434
up €4,434 (+1,306%), from €340 to €4,774
- Taxes +€1,946
new in 2025: €1,946
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.
Derived cash bridge
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 | €78,211 | €67,560 | -€10,652 | -13.6% |
| Fixed assets | 21/28 | €54,164 | €55,127 | +€963 | +1.8% |
| Tangible fixed assets | 22/27 | €54,164 | €55,127 | +€963 | +1.8% |
| Plant, machinery and equipment | 23 | €1,337 | €4,178 | +€2,841 | +212% |
| Furniture and vehicles | 24 | - | €332 | +€332 | |
| Other tangible fixed assets | 26 | €52,826 | €50,616 | -€2,210 | -4.2% |
| Current assets | 29/58 | €24,048 | €12,433 | -€11,615 | -48.3% |
| Stocks and contracts in progress | 3 | €1,997 | - | -€1,997 | |
| Stocks | 30/36 | €1,997 | - | -€1,997 | |
| Amounts receivable within one year | 40/41 | €13,306 | €3,578 | -€9,727 | -73.1% |
| Trade receivables | 40 | €1,869 | - | -€1,869 | |
| Other amounts receivable | 41 | €11,437 | €3,578 | -€7,859 | -68.7% |
| Cash at bank and in hand | 54/58 | €5,845 | €8,406 | +€2,561 | +43.8% |
| Deferred charges and accrued income | 490/1 | €2,900 | €448 | -€2,452 | -84.5% |
| Total equity and liabilities | 10/49 | €78,211 | €67,560 | -€10,652 | -13.6% |
| Equity | 10/15 | -€2,650 | €17,790 | +€20,440 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,650 | €12,790 | +€20,440 | |
| Amounts payable | 17/49 | €80,861 | €49,770 | -€31,092 | -38.5% |
| Amounts payable after more than one year | 17 | €20,000 | €20,000 | = | 0.0% |
| Financial debts | 170/4 | €20,000 | €20,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €60,861 | €29,770 | -€31,092 | -51.1% |
| Trade debts | 44 | €57,166 | €16,911 | -€40,255 | -70.4% |
| Suppliers | 440/4 | €57,166 | €16,911 | -€40,255 | -70.4% |
| Taxes, remuneration and social security | 45 | €3,695 | €12,112 | +€8,418 | +228% |
| Taxes | 450/3 | €617 | €5,859 | +€5,242 | +850% |
| Remuneration and social security | 454/9 | €3,078 | €6,254 | +€3,176 | +103% |
| Other amounts payable | 47/48 | - | €746 | +€746 | |
| Remuneration, social security and pensions | 62 | €4,791 | €73,926 | +€69,134 | +1,443% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €136 | €6,643 | +€6,506 | +4,769% |
| Other operating charges | 640/8 | - | €1,810 | +€1,810 | |
| Gross operating margin | 9900 | -€2,383 | €109,538 | +€111,921 | |
| Operating profit (loss) | 9901 | -€7,311 | €27,159 | +€34,470 | |
| Financial income | 75/76B | €1 | €0 | -€1 | -98.0% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -98.0% |
| Financial charges | 65/66B | €340 | €4,774 | +€4,434 | +1,306% |
| Recurring financial charges | 65 | €340 | €4,774 | +€4,434 | +1,306% |
| Profit (loss) for the period before taxes | 9903 | -€7,650 | €22,385 | +€30,035 | |
| Income taxes | 67/77 | - | €1,946 | +€1,946 | |
| Profit (loss) for the period | 9904 | -€7,650 | €20,440 | +€28,090 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,650 | €20,440 | +€28,090 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.