KRILEM: 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.
KRILEM
Largest movements
- Current investments +€555,139
new in 2025: €555,139
- Financial fixed assets -€429,728
down €429,728 (-100.0%), from €429,728 to €0
- Receivables within one year +€67,988
up €67,988 (+1814.3%), from €3,747 to €71,735
of which Other amounts receivable: +€67,068
- Cash +€32,594
up €32,594 (+132.4%), from €24,624 to €57,217
mainly Investment in fixed assets (net) (+€424,440) and Net result for the year (+€277,880)
- Tangible fixed assets -€22,160
down €22,160 (-27.0%), from €82,136 to €59,975
of which Leasing and similar rights: -€22,746
- Reserves +€277,880
up €277,880 (+76.3%), from €364,015 to €641,895
of which Distributable reserves: +€282,380
- Other debts -€92,784
down €92,784 (-100.0%), from €92,784 to €0
- Tax, wage and social debts +€23,514
up €23,514 (+537.4%), from €4,375 to €27,890
of which Taxes: +€23,514
- Debts after one year -€23,194
down €23,194 (-46.3%), from €50,115 to €26,921
- Trade debts +€8,637
up €8,637 (+243.2%), from €3,552 to €12,190
- Financial income +€316,387
up €316,387 (+1054622166.7%), from €0 to €316,387
- Taxes +€30,828
up €30,828 (+2460.9%), from €1,253 to €32,080
- Gross operating margin -€5,208
down €5,208 (-18.2%), from €28,660 to €23,452
- Financial charges -€835
down €835 (-31.6%), from €2,645 to €1,810
- Other operating charges -€428
down €428 (-16.8%), from €2,548 to €2,119
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 | €575,680 | €769,111 | +€193,430 | +33.6% |
| Fixed assets | 21/28 | €511,864 | €59,975 | -€451,888 | -88.3% |
| Tangible fixed assets | 22/27 | €82,136 | €59,975 | -€22,160 | -27.0% |
| Plant, machinery and equipment | 23 | €7,252 | €9,325 | +€2,072 | +28.6% |
| Furniture and vehicles | 24 | €450 | €0 | -€450 | -100.0% |
| Leasing and similar rights | 25 | €72,289 | €49,543 | -€22,746 | -31.5% |
| Other tangible fixed assets | 26 | €2,144 | €1,107 | -€1,036 | -48.3% |
| Financial fixed assets | 28 | €429,728 | €0 | -€429,728 | -100.0% |
| Current assets | 29/58 | €63,816 | €709,135 | +€645,319 | +1011.2% |
| Stocks and contracts in progress | 3 | €32,000 | €20,000 | -€12,000 | -37.5% |
| Stocks | 30/36 | €32,000 | €20,000 | -€12,000 | -37.5% |
| Amounts receivable within one year | 40/41 | €3,747 | €71,735 | +€67,988 | +1814.3% |
| Trade receivables | 40 | - | €920 | +€920 | |
| Other amounts receivable | 41 | €3,747 | €70,815 | +€67,068 | +1789.8% |
| Current investments | 50/53 | - | €555,139 | +€555,139 | |
| Cash at bank and in hand | 54/58 | €24,624 | €57,217 | +€32,594 | +132.4% |
| Deferred charges and accrued income | 490/1 | €3,445 | €5,043 | +€1,598 | +46.4% |
| Total equity and liabilities | 10/49 | €575,680 | €769,111 | +€193,430 | +33.6% |
| Equity | 10/15 | €382,615 | €660,495 | +€277,880 | +72.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €364,015 | €641,895 | +€277,880 | +76.3% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €14,795 | €10,295 | -€4,500 | -30.4% |
| Distributable reserves | 133 | €349,220 | €631,600 | +€282,380 | +80.9% |
| Provisions and deferred taxes | 16 | €19,288 | €17,788 | -€1,500 | -7.8% |
| Provisions for liabilities and charges | 160/5 | €14,356 | €14,356 | = | 0.0% |
| Pensions and similar obligations | 160 | €14,356 | €14,356 | = | 0.0% |
| Deferred taxes | 168 | €4,932 | €3,432 | -€1,500 | -30.4% |
| Amounts payable | 17/49 | €173,777 | €90,828 | -€82,950 | -47.7% |
| Amounts payable after more than one year | 17 | €50,115 | €26,921 | -€23,194 | -46.3% |
| Financial debts | 170/4 | €50,115 | €26,921 | -€23,194 | -46.3% |
| Amounts payable within one year | 42/48 | €123,335 | €63,273 | -€60,061 | -48.7% |
| Current portion of amounts payable after more than one year | 42 | €22,623 | €23,194 | +€571 | +2.5% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €3,552 | €12,190 | +€8,637 | +243.2% |
| Suppliers | 440/4 | €3,552 | €12,190 | +€8,637 | +243.2% |
| Taxes, remuneration and social security | 45 | €4,375 | €27,890 | +€23,514 | +537.4% |
| Taxes | 450/3 | €4,375 | €27,890 | +€23,514 | +537.4% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €92,784 | €0 | -€92,784 | -100.0% |
| Accrued charges and deferred income | 492/3 | €327 | €633 | +€306 | +93.4% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,138 | €27,449 | +€311 | +1.1% |
| Other operating charges | 640/8 | €2,548 | €2,119 | -€428 | -16.8% |
| Gross operating margin | 9900 | €28,660 | €23,452 | -€5,208 | -18.2% |
| Operating profit (loss) | 9901 | -€1,025 | -€6,116 | -€5,091 | -496.4% |
| Financial income | 75/76B | €0 | €316,387 | +€316,387 | +1054622166.7% |
| Recurring financial income | 75 | €0 | €316,387 | +€316,387 | +1054622166.7% |
| Financial charges | 65/66B | €2,645 | €1,810 | -€835 | -31.6% |
| Recurring financial charges | 65 | €2,645 | €1,810 | -€835 | -31.6% |
| Profit (loss) for the period before taxes | 9903 | -€3,670 | €308,460 | +€312,131 | |
| Transfer from deferred taxes | 780 | €1,500 | €1,500 | = | 0.0% |
| Transfer to deferred taxes | 680 | €0 | - | = | |
| Income taxes | 67/77 | €1,253 | €32,080 | +€30,828 | +2460.9% |
| Profit (loss) for the period | 9904 | -€3,423 | €277,880 | +€281,303 | |
| Transfer from tax-exempt reserves | 789 | €4,500 | €4,500 | = | 0.0% |
| Transfer to tax-exempt reserves | 689 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €1,077 | €282,380 | +€281,303 | +26120.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.