KRIMARVAN: 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.
What changed
KRIMARVAN
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€11,004
2024 · -€3,246-€7,759
Equity
€1.6m
2024 · €1.7m-€11,004
Cash
€383,270
2024 · €365,599+€17,670
Balance sheet total
€2.0m
2024 · €2.1m-€82,840
Largest movements
Assets
- Receivables after one year -€116,000
down €116,000 (-45.5%), from €255,000 to €139,000
Equity and liabilities
- Debts after one year -€33,384
down €33,384 (-12.1%), from €274,979 to €241,595
- Trade debts -€32,633
down €32,633 (-98.5%), from €33,118 to €484
Income statement
- Depreciation +€5,086
up €5,086 (+14.0%), from €36,327 to €41,413
- Financial income -€4,867
down €4,867 (-35.0%), from €13,897 to €9,030
- Taxes -€2,214
down €2,214 (-44.7%), from €4,955 to €2,740
- Other operating charges +€867
up €867 (+3.8%), from €22,985 to €23,852
- Financial charges -€502
down €502 (-8.0%), from €6,310 to €5,808
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.
Result 2024
-€3,246
Gross operating margin
+€344
Depreciation
-€5,086
Other operating charges
-€867
Financial income
-€4,867
Financial charges
+€502
Taxes
+€2,214
Result 2025
-€11,004
raises the resultlowers the result
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.
From operations
+€98,730
Investment
-€48,266
Financing
-€32,794
Cash 2024
€365,599
From operations (derived)
+€98,730
Net result for the year
-€11,004
Depreciation
+€41,413
Receivables after one year
+€116,000
Receivables within one year
-€8,086
Deferred charges and accrued income
-€551
Provisions
-€6,408
Trade debts
-€32,633
Investment (derived)
-€48,266
Investment in fixed assets (net)
-€48,266
Financing
-€32,794
Debts after one year
-€33,384
Current portion of long-term debt
+€590
Cash 2025
€383,270
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,089,321 | €2,006,481 | -€82,840 | -4.0% |
| Fixed assets | 21/28 | €1,154,305 | €1,161,158 | +€6,853 | +0.6% |
| Tangible fixed assets | 22/27 | €896,441 | €903,293 | +€6,853 | +0.8% |
| Land and buildings | 22 | €880,713 | €877,431 | -€3,281 | -0.4% |
| Plant, machinery and equipment | 23 | €15,728 | €25,862 | +€10,134 | +64.4% |
| Financial fixed assets | 28 | €257,865 | €257,865 | = | 0.0% |
| Current assets | 29/58 | €935,016 | €845,323 | -€89,693 | -9.6% |
| Amounts receivable after more than one year | 29 | €255,000 | €139,000 | -€116,000 | -45.5% |
| Other amounts receivable | 291 | €255,000 | €139,000 | -€116,000 | -45.5% |
| Amounts receivable within one year | 40/41 | €310,580 | €318,666 | +€8,086 | +2.6% |
| Trade receivables | 40 | €9,417 | €4,815 | -€4,602 | -48.9% |
| Other amounts receivable | 41 | €301,163 | €313,851 | +€12,688 | +4.2% |
| Cash at bank and in hand | 54/58 | €365,599 | €383,270 | +€17,670 | +4.8% |
| Deferred charges and accrued income | 490/1 | €3,836 | €4,388 | +€551 | +14.4% |
| Total equity and liabilities | 10/49 | €2,089,321 | €2,006,481 | -€82,840 | -4.0% |
| Equity | 10/15 | €1,653,595 | €1,642,591 | -€11,004 | -0.7% |
| Contributions | 10/11 | €350,000 | €350,000 | = | 0.0% |
| Capital | 10 | €350,000 | €350,000 | = | 0.0% |
| Issued capital | 100 | €350,000 | €350,000 | = | 0.0% |
| Reserves | 13 | €1,303,595 | €1,292,591 | -€11,004 | -0.8% |
| Non-distributable reserves | 130/1 | €35,000 | €35,000 | = | 0.0% |
| Legal reserve | 130 | €35,000 | €35,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €284,506 | €265,280 | -€19,225 | -6.8% |
| Distributable reserves | 133 | €984,090 | €992,311 | +€8,221 | +0.8% |
| Provisions and deferred taxes | 16 | €94,835 | €88,427 | -€6,408 | -6.8% |
| Deferred taxes | 168 | €94,835 | €88,427 | -€6,408 | -6.8% |
| Amounts payable | 17/49 | €340,891 | €275,463 | -€65,427 | -19.2% |
| Amounts payable after more than one year | 17 | €274,979 | €241,595 | -€33,384 | -12.1% |
| Financial debts | 170/4 | €274,979 | €241,595 | -€33,384 | -12.1% |
| Amounts payable within one year | 42/48 | €65,912 | €33,869 | -€32,043 | -48.6% |
| Current portion of amounts payable after more than one year | 42 | €32,794 | €33,384 | +€590 | +1.8% |
| Trade debts | 44 | €33,118 | €484 | -€32,633 | -98.5% |
| Suppliers | 440/4 | €33,118 | €484 | -€32,633 | -98.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,327 | €41,413 | +€5,086 | +14.0% |
| Other operating charges | 640/8 | €22,985 | €23,852 | +€867 | +3.8% |
| Gross operating margin | 9900 | €47,026 | €47,370 | +€344 | +0.7% |
| Operating profit (loss) | 9901 | -€12,286 | -€17,895 | -€5,609 | -45.7% |
| Financial income | 75/76B | €13,897 | €9,030 | -€4,867 | -35.0% |
| Recurring financial income | 75 | €13,897 | €9,030 | -€4,867 | -35.0% |
| Financial charges | 65/66B | €6,310 | €5,808 | -€502 | -8.0% |
| Recurring financial charges | 65 | €6,310 | €5,808 | -€502 | -8.0% |
| Profit (loss) for the period before taxes | 9903 | -€4,699 | -€14,672 | -€9,973 | -212% |
| Transfer from deferred taxes | 780 | €6,408 | €6,408 | = | 0.0% |
| Income taxes | 67/77 | €4,955 | €2,740 | -€2,214 | -44.7% |
| Profit (loss) for the period | 9904 | -€3,246 | -€11,004 | -€7,759 | -239% |
| Transfer from tax-exempt reserves | 789 | €19,225 | €19,225 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €15,980 | €8,221 | -€7,759 | -48.6% |
Source: filed annual accounts (NBB), financial years ended 30 April 2024 and 30 April 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.