KRIJO: 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.
KRIJO
Largest movements
- Tangible fixed assets +€1.3m
up €1.3m (+54.3%), from €2.3m to €3.6m
of which Land and buildings: +€1.3m
- Receivables after one year -€300,000
down €300,000 (-100.0%), from €300,000 to €0
- Receivables within one year -€161,129
down €161,129 (-47.7%), from €337,611 to €176,482
- Other debts +€334,778
up €334,778 (+38.8%), from €861,940 to €1.2m
- Debts after one year +€270,792
up €270,792 (+45.5%), from €594,826 to €865,618
of which Trade debts: +€239,226
- Reserves +€165,769
up €165,769 (+36.6%), from €453,268 to €619,037
of which Distributable reserves: +€171,874
- Financial income -€153,000
down €153,000 (-50.5%), from €303,000 to €150,000
- Gross operating margin -€50,073
down €50,073 (-21.0%), from €238,517 to €188,444
- Other operating charges +€3,967
up €3,967 (+124.0%), from €3,199 to €7,166
- Financial charges -€2,753
down €2,753 (-14.2%), from €19,421 to €16,668
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 | €3,470,060 | €4,276,152 | +€806,093 | +23.2% |
| Fixed assets | 21/28 | €2,809,586 | €4,072,650 | +€1.3m | +45.0% |
| Tangible fixed assets | 22/27 | €2,327,586 | €3,590,650 | +€1.3m | +54.3% |
| Land and buildings | 22 | €1,990,186 | €3,302,729 | +€1.3m | +66.0% |
| Other tangible fixed assets | 26 | €337,400 | €287,921 | -€49,479 | -14.7% |
| Financial fixed assets | 28 | €482,000 | €482,000 | = | 0.0% |
| Current assets | 29/58 | €660,474 | €203,502 | -€456,972 | -69.2% |
| Amounts receivable after more than one year | 29 | €300,000 | €0 | -€300,000 | -100.0% |
| Other amounts receivable | 291 | €300,000 | €0 | -€300,000 | -100.0% |
| Amounts receivable within one year | 40/41 | €337,611 | €176,482 | -€161,129 | -47.7% |
| Other amounts receivable | 41 | €337,611 | €176,482 | -€161,129 | -47.7% |
| Cash at bank and in hand | 54/58 | €22,863 | €27,020 | +€4,157 | +18.2% |
| Total equity and liabilities | 10/49 | €3,470,060 | €4,276,152 | +€806,093 | +23.2% |
| Equity | 10/15 | €1,874,529 | €2,040,297 | +€165,769 | +8.8% |
| Contributions | 10/11 | €522,000 | €522,000 | = | 0.0% |
| Reserves | 13 | €453,268 | €619,037 | +€165,769 | +36.6% |
| Tax-exempt reserves | 132 | €238,981 | €232,875 | -€6,105 | -2.6% |
| Distributable reserves | 133 | €214,287 | €386,161 | +€171,874 | +80.2% |
| Profit (loss) carried forward | 14 | €899,261 | €899,261 | = | 0.0% |
| Provisions and deferred taxes | 16 | €79,660 | €77,113 | -€2,547 | -3.2% |
| Deferred taxes | 168 | €79,660 | €77,113 | -€2,547 | -3.2% |
| Amounts payable | 17/49 | €1,515,871 | €2,158,742 | +€642,871 | +42.4% |
| Amounts payable after more than one year | 17 | €594,826 | €865,618 | +€270,792 | +45.5% |
| Financial debts | 170/4 | €594,826 | €520,085 | -€74,741 | -12.6% |
| Trade debts | 175 | - | €239,226 | +€239,226 | |
| Advances received on contracts in progress | 176 | - | €97,887 | +€97,887 | |
| Other amounts payable | 178/9 | - | €8,420 | +€8,420 | |
| Amounts payable within one year | 42/48 | €921,044 | €1,293,124 | +€372,079 | +40.4% |
| Current portion of amounts payable after more than one year | 42 | €57,652 | €88,122 | +€30,470 | +52.9% |
| Trade debts | 44 | €1,452 | €711 | -€741 | -51.0% |
| Suppliers | 440/4 | €1,452 | €711 | -€741 | -51.0% |
| Taxes, remuneration and social security | 45 | - | €7,573 | +€7,573 | |
| Taxes | 450/3 | - | €7,573 | +€7,573 | |
| Other amounts payable | 47/48 | €861,940 | €1,196,718 | +€334,778 | +38.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €121,880 | €123,816 | +€1,936 | +1.6% |
| Other operating charges | 640/8 | €3,199 | €7,166 | +€3,967 | +124.0% |
| Gross operating margin | 9900 | €238,517 | €188,444 | -€50,073 | -21.0% |
| Operating profit (loss) | 9901 | €113,439 | €57,463 | -€55,976 | -49.3% |
| Financial income | 75/76B | €303,000 | €150,000 | -€153,000 | -50.5% |
| Recurring financial income | 75 | €303,000 | €150,000 | -€153,000 | -50.5% |
| Financial charges | 65/66B | €19,421 | €16,668 | -€2,753 | -14.2% |
| Recurring financial charges | 65 | €19,421 | €16,668 | -€2,753 | -14.2% |
| Profit (loss) for the period before taxes | 9903 | €397,017 | €190,794 | -€206,223 | -51.9% |
| Transfer from deferred taxes | 780 | €10,189 | €2,547 | -€7,642 | -75.0% |
| Income taxes | 67/77 | €26,801 | €27,573 | +€771 | +2.9% |
| Profit (loss) for the period | 9904 | €380,404 | €165,769 | -€214,636 | -56.4% |
| Transfer from tax-exempt reserves | 789 | - | €7,642 | +€7,642 | |
| Profit (loss) for the period to be appropriated | 9905 | €380,404 | €173,410 | -€206,994 | -54.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.