KRIJGSMAN: what changed
KRIJGSMAN
Largest movements
- Tangible fixed assets -€9,825
down €9,825 (-27.4%), from €35,831 to €26,006
of which Furniture and vehicles: -€7,064
- Cash +€3,141
up €3,141 (+102%), from €3,066 to €6,207
mainly Investment in fixed assets (net) (+€6,752) and Depreciation (+€3,073)
- Stocks and contracts +€2,533
up €2,533 (+6.2%), from €41,165 to €43,697
- Trade debts -€3,335
down €3,335 (-45.3%), from €7,365 to €4,030
- Profit (loss) carried forward -€966
down €966 (-0.9%), from -€113,291 to -€114,256
- Gross operating margin +€7,751
up €7,751 (+283%), from €2,740 to €10,490
- Other operating charges -€1,579
down €1,579 (-16.6%), from €9,507 to €7,928
- Depreciation -€1,413
down €1,413 (-31.5%), from €4,486 to €3,073
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €85,817 | €82,169 | -€3,648 | -4.3% |
| Fixed assets | 21/28 | €36,086 | €26,261 | -€9,825 | -27.2% |
| Tangible fixed assets | 22/27 | €35,831 | €26,006 | -€9,825 | -27.4% |
| Land and buildings | 22 | €3,491 | €2,261 | -€1,230 | -35.2% |
| Plant, machinery and equipment | 23 | €8,988 | €7,457 | -€1,531 | -17.0% |
| Furniture and vehicles | 24 | €23,352 | €16,288 | -€7,064 | -30.3% |
| Financial fixed assets | 28 | €255 | €255 | = | 0.0% |
| Current assets | 29/58 | €49,731 | €55,908 | +€6,177 | +12.4% |
| Stocks and contracts in progress | 3 | €41,165 | €43,697 | +€2,533 | +6.2% |
| Stocks | 30/36 | €41,165 | €43,697 | +€2,533 | +6.2% |
| Amounts receivable within one year | 40/41 | - | €571 | +€571 | |
| Other amounts receivable | 41 | - | €571 | +€571 | |
| Current investments | 50/53 | €5,500 | €5,432 | -€68 | -1.2% |
| Cash at bank and in hand | 54/58 | €3,066 | €6,207 | +€3,141 | +102% |
| Total equity and liabilities | 10/49 | €85,817 | €82,169 | -€3,648 | -4.3% |
| Equity | 10/15 | -€93,291 | -€94,256 | -€966 | -1.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Capital | 10 | €20,000 | €20,000 | = | 0.0% |
| Issued capital | 100 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€113,291 | -€114,256 | -€966 | -0.9% |
| Amounts payable | 17/49 | €179,108 | €176,425 | -€2,683 | -1.5% |
| Amounts payable within one year | 42/48 | €179,108 | €176,425 | -€2,683 | -1.5% |
| Financial debts | 43 | €47,000 | €47,000 | = | 0.0% |
| Credit institutions | 430/8 | €47,000 | €47,000 | = | 0.0% |
| Trade debts | 44 | €7,365 | €4,030 | -€3,335 | -45.3% |
| Suppliers | 440/4 | €7,365 | €4,030 | -€3,335 | -45.3% |
| Taxes, remuneration and social security | 45 | €79 | - | -€79 | |
| Taxes | 450/3 | €79 | - | -€79 | |
| Other amounts payable | 47/48 | €124,664 | €125,395 | +€731 | +0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,486 | €3,073 | -€1,413 | -31.5% |
| Other operating charges | 640/8 | €9,507 | €7,928 | -€1,579 | -16.6% |
| Gross operating margin | 9900 | €2,740 | €10,490 | +€7,751 | +283% |
| Operating profit (loss) | 9901 | -€11,254 | -€511 | +€10,743 | +95.5% |
| Financial income | 75/76B | €2 | €7 | +€5 | +338% |
| Recurring financial income | 75 | €2 | €7 | +€5 | +338% |
| Financial charges | 65/66B | €418 | €462 | +€44 | +10.4% |
| Recurring financial charges | 65 | €418 | €462 | +€44 | +10.4% |
| Profit (loss) for the period before taxes | 9903 | -€11,670 | -€966 | +€10,704 | +91.7% |
| Profit (loss) for the period | 9904 | -€11,670 | -€966 | +€10,704 | +91.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,670 | -€966 | +€10,704 | +91.7% |
Next steps
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 8 November 2026 via checked.be.