KRILL: 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.
KRILL
Largest movements
- Tangible fixed assets +€992,690
up €992,690 (+4075.3%), from €24,359 to €1.0m
of which Land and buildings: +€995,817
- Cash -€199,599
down €199,599 (-51.6%), from €386,944 to €187,345
mainly Investment in fixed assets (net) (-€1.1m) and Contributions, distributions and other (-€250,000)
- Receivables within one year -€15,400
down €15,400 (-16.4%), from €94,031 to €78,631
of which Trade receivables: -€18,007
- Debts after one year +€826,621
up €826,621 (+11673.4%), from €7,081 to €833,702
of which Other amounts payable: +€717,235
- Profit (loss) carried forward -€127,901
down €127,901 (-73.5%), from €174,066 to €46,165
- Other debts +€49,192
up €49,192 (+24.5%), from €200,808 to €250,000
- Trade debts -€47,640
down €47,640 (-53.3%), from €89,395 to €41,756
- Current portion of long-term debt +€36,762
up €36,762 (+113.8%), from €32,291 to €69,053
- Gross operating margin +€149,187
up €149,187 (+51.5%), from €289,889 to €439,077
- Financial charges +€33,618
up €33,618 (+515.4%), from €6,523 to €40,141
- Depreciation +€27,737
up €27,737 (+67.4%), from €41,155 to €68,892
- Staff costs +€22,806
up €22,806 (+15.1%), from €150,839 to €173,645
- Taxes +€17,051
up €17,051 (+95.3%), from €17,898 to €34,949
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €563,409 | €1,333,347 | +€769,938 | +136.7% |
| Fixed assets | 21/28 | €77,524 | €1,060,214 | +€982,690 | +1267.6% |
| Intangible fixed assets | 21 | €52,500 | €42,500 | -€10,000 | -19.0% |
| Tangible fixed assets | 22/27 | €24,359 | €1,017,049 | +€992,690 | +4075.3% |
| Land and buildings | 22 | - | €995,817 | +€995,817 | |
| Plant, machinery and equipment | 23 | €12,359 | €18,905 | +€6,546 | +53.0% |
| Furniture and vehicles | 24 | €12,000 | €2,327 | -€9,673 | -80.6% |
| Financial fixed assets | 28 | €665 | €665 | = | 0.0% |
| Current assets | 29/58 | €485,885 | €273,132 | -€212,753 | -43.8% |
| Stocks and contracts in progress | 3 | €4,030 | €7,152 | +€3,122 | +77.5% |
| Stocks | 30/36 | €4,030 | €7,152 | +€3,122 | +77.5% |
| Amounts receivable within one year | 40/41 | €94,031 | €78,631 | -€15,400 | -16.4% |
| Trade receivables | 40 | €72,091 | €54,084 | -€18,007 | -25.0% |
| Other amounts receivable | 41 | €21,940 | €24,547 | +€2,607 | +11.9% |
| Cash at bank and in hand | 54/58 | €386,944 | €187,345 | -€199,599 | -51.6% |
| Deferred charges and accrued income | 490/1 | €880 | €4 | -€876 | -99.6% |
| Total equity and liabilities | 10/49 | €563,409 | €1,333,347 | +€769,938 | +136.7% |
| Equity | 10/15 | €192,666 | €64,765 | -€127,901 | -66.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €174,066 | €46,165 | -€127,901 | -73.5% |
| Amounts payable | 17/49 | €370,743 | €1,268,582 | +€897,839 | +242.2% |
| Amounts payable after more than one year | 17 | €7,081 | €833,702 | +€826,621 | +11673.4% |
| Financial debts | 170/4 | €7,081 | €116,467 | +€109,386 | +1544.7% |
| Other amounts payable | 178/9 | - | €717,235 | +€717,235 | |
| Amounts payable within one year | 42/48 | €363,116 | €434,879 | +€71,763 | +19.8% |
| Current portion of amounts payable after more than one year | 42 | €32,291 | €69,053 | +€36,762 | +113.8% |
| Trade debts | 44 | €89,395 | €41,756 | -€47,640 | -53.3% |
| Suppliers | 440/4 | €89,395 | €41,756 | -€47,640 | -53.3% |
| Taxes, remuneration and social security | 45 | €40,622 | €74,071 | +€33,449 | +82.3% |
| Taxes | 450/3 | €11,634 | €35,094 | +€23,460 | +201.6% |
| Remuneration and social security | 454/9 | €28,988 | €38,977 | +€9,989 | +34.5% |
| Other amounts payable | 47/48 | €200,808 | €250,000 | +€49,192 | +24.5% |
| Accrued charges and deferred income | 492/3 | €546 | €0 | -€546 | -100.0% |
| Remuneration, social security and pensions | 62 | €150,839 | €173,645 | +€22,806 | +15.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,155 | €68,892 | +€27,737 | +67.4% |
| Other operating charges | 640/8 | €4,365 | €2,208 | -€2,156 | -49.4% |
| Gross operating margin | 9900 | €289,889 | €439,077 | +€149,187 | +51.5% |
| Operating profit (loss) | 9901 | €93,531 | €194,332 | +€100,800 | +107.8% |
| Financial income | 75/76B | €1,669 | €2,857 | +€1,189 | +71.3% |
| Recurring financial income | 75 | €1,669 | €2,857 | +€1,189 | +71.3% |
| Financial charges | 65/66B | €6,523 | €40,141 | +€33,618 | +515.4% |
| Recurring financial charges | 65 | €6,523 | €40,141 | +€33,618 | +515.4% |
| Profit (loss) for the period before taxes | 9903 | €88,677 | €157,048 | +€68,371 | +77.1% |
| Income taxes | 67/77 | €17,898 | €34,949 | +€17,051 | +95.3% |
| Profit (loss) for the period | 9904 | €70,779 | €122,099 | +€51,320 | +72.5% |
| Profit (loss) for the period to be appropriated | 9905 | €70,779 | €122,099 | +€51,320 | +72.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.