KRIKO: 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.
KRIKO
Largest movements
- Cash -€49,261
down €49,261 (-40.4%), from €121,951 to €72,689
mainly Net result for the year (-€30,307) and Investment in fixed assets (net) (-€29,586)
- Receivables within one year +€7,834
up €7,834 (+29.7%), from €26,342 to €34,175
of which Trade receivables: +€8,156
- Profit (loss) carried forward -€30,307
down €30,307, from €14,615 to -€15,693
- Tax, wage and social debts -€17,669
down €17,669 (-68.3%), from €25,886 to €8,217
of which Remuneration and social security: -€13,859
- Current portion of long-term debt +€9,876
up €9,876 (+110%), from €8,978 to €18,854
- Other debts -€8,744
down €8,744 (-41.2%), from €21,209 to €12,465
- Trade debts +€5,269
up €5,269 (+12.1%), from €43,634 to €48,902
- Gross operating margin -€34,233
down €34,233 (-27.8%), from €122,932 to €88,699
- Depreciation +€8,989
up €8,989 (+48.9%), from €18,388 to €27,376
- Staff costs +€4,476
up €4,476 (+5.3%), from €84,781 to €89,257
- Taxes -€4,358
no longer reported in 2025 (was €4,358)
- Financial income +€1,471
up €1,471 (+110%), from €1,339 to €2,811
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 | €289,559 | €251,110 | -€38,449 | -13.3% |
| Fixed assets | 21/28 | €130,789 | €132,998 | +€2,210 | +1.7% |
| Tangible fixed assets | 22/27 | €129,892 | €132,102 | +€2,210 | +1.7% |
| Land and buildings | 22 | €112,389 | €100,866 | -€11,523 | -10.3% |
| Plant, machinery and equipment | 23 | €16,422 | €9,069 | -€7,354 | -44.8% |
| Furniture and vehicles | 24 | €1,080 | €22,167 | +€21,087 | +1,952% |
| Financial fixed assets | 28 | €897 | €897 | = | 0.0% |
| Current assets | 29/58 | €158,770 | €118,111 | -€40,659 | -25.6% |
| Stocks and contracts in progress | 3 | €8,421 | €9,271 | +€851 | +10.1% |
| Stocks | 30/36 | €8,421 | €9,271 | +€851 | +10.1% |
| Amounts receivable within one year | 40/41 | €26,342 | €34,175 | +€7,834 | +29.7% |
| Trade receivables | 40 | €23,920 | €32,075 | +€8,156 | +34.1% |
| Other amounts receivable | 41 | €2,422 | €2,100 | -€322 | -13.3% |
| Cash at bank and in hand | 54/58 | €121,951 | €72,689 | -€49,261 | -40.4% |
| Deferred charges and accrued income | 490/1 | €2,058 | €1,976 | -€82 | -4.0% |
| Total equity and liabilities | 10/49 | €289,559 | €251,110 | -€38,449 | -13.3% |
| Equity | 10/15 | €115,521 | €85,214 | -€30,307 | -26.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €94,707 | €94,707 | = | 0.0% |
| Tax-exempt reserves | 132 | €78,650 | €78,650 | = | 0.0% |
| Distributable reserves | 133 | €16,057 | €16,057 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,615 | -€15,693 | -€30,307 | |
| Amounts payable | 17/49 | €174,038 | €165,896 | -€8,142 | -4.7% |
| Amounts payable after more than one year | 17 | €72,635 | €75,762 | +€3,127 | +4.3% |
| Financial debts | 170/4 | €72,635 | €75,762 | +€3,127 | +4.3% |
| Amounts payable within one year | 42/48 | €99,707 | €88,438 | -€11,269 | -11.3% |
| Current portion of amounts payable after more than one year | 42 | €8,978 | €18,854 | +€9,876 | +110% |
| Trade debts | 44 | €43,634 | €48,902 | +€5,269 | +12.1% |
| Suppliers | 440/4 | €43,634 | €48,902 | +€5,269 | +12.1% |
| Taxes, remuneration and social security | 45 | €25,886 | €8,217 | -€17,669 | -68.3% |
| Taxes | 450/3 | €5,865 | €2,055 | -€3,810 | -65.0% |
| Remuneration and social security | 454/9 | €20,021 | €6,162 | -€13,859 | -69.2% |
| Other amounts payable | 47/48 | €21,209 | €12,465 | -€8,744 | -41.2% |
| Accrued charges and deferred income | 492/3 | €1,696 | €1,696 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €84,781 | €89,257 | +€4,476 | +5.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,388 | €27,376 | +€8,989 | +48.9% |
| Other operating charges | 640/8 | €2,509 | €1,046 | -€1,463 | -58.3% |
| Non-recurring operating charges | 66A | €582 | - | -€582 | |
| Gross operating margin | 9900 | €122,932 | €88,699 | -€34,233 | -27.8% |
| Operating profit (loss) | 9901 | €16,673 | -€28,980 | -€45,653 | |
| Financial income | 75/76B | €1,339 | €2,811 | +€1,471 | +110% |
| Recurring financial income | 75 | €1,339 | €2,811 | +€1,471 | +110% |
| Financial charges | 65/66B | €3,700 | €4,138 | +€438 | +11.8% |
| Recurring financial charges | 65 | €3,700 | €4,138 | +€438 | +11.8% |
| Profit (loss) for the period before taxes | 9903 | €14,313 | -€30,307 | -€44,620 | |
| Income taxes | 67/77 | €4,358 | - | -€4,358 | |
| Profit (loss) for the period | 9904 | €9,955 | -€30,307 | -€40,262 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,955 | -€30,307 | -€40,262 |
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 17 October 2026 via checked.be.