KRINA: 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
KRINA
NACE 68.203, Renting and operating of own or leased non-residential real estate, excluding land
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€22,575
2024 · €41,420-€18,845
Equity
€1.4m
2024 · €1.3m+€22,575
Cash
€89,730
2024 · €133,434-€43,704
Balance sheet total
€4.9m
2024 · €4.7m+€212,442
Largest movements
Assets
- Receivables within one year +€371,786
up €371,786 (+381%), from €97,618 to €469,405
of which Other amounts receivable: +€333,216
- Tangible fixed assets -€134,192
down €134,192 (-4.1%), from €3.3m to €3.1m
Equity and liabilities
- Tax, wage and social debts +€309,757
up €309,757 (+3,673%), from €8,433 to €318,191
- Debts after one year -€176,558
down €176,558 (-5.8%), from €3.0m to €2.9m
of which Financial debts: -€182,298
Income statement
- Other operating income -€61,969
down €61,969 (-13.5%), from €459,464 to €397,495
- Turnover -€37,500
down €37,500 (-42.9%), from €87,500 to €50,000
- Depreciation -€35,905
down €35,905 (-17.4%), from €205,835 to €169,929
- Services and other goods -€14,185
down €14,185 (-24.5%), from €57,896 to €43,712
- Financial charges -€13,124
down €13,124 (-8.0%), from €163,580 to €150,455
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
€41,420
Turnover
-€37,500
Other operating income
-€61,969
Services and other goods
+€14,185
Depreciation
+€35,905
Other operating charges
+€11,037
Financial income
+€91
Financial charges
+€13,124
Taxes
+€6,282
Result 2025
€22,575
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
+€162,654
Investment
-€35,738
Financing
-€170,620
Cash 2024
€133,434
From operations (derived)
+€162,654
Net result for the year
+€22,575
Depreciation
+€169,929
Receivables within one year
-€371,786
Deferred charges and accrued income
-€18,552
Trade debts
+€17,542
Tax, wage and social debts
+€309,757
Other debts
+€48,918
Accrued charges and deferred income
-€15,729
Investment (derived)
-€35,738
Investment in fixed assets (net)
-€35,738
Financing
-€170,620
Debts after one year
-€176,558
Current portion of long-term debt
+€5,938
Cash 2025
€89,730
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,696,659 | €4,909,101 | +€212,442 | +4.5% |
| Fixed assets | 21/28 | €4,465,267 | €4,331,076 | -€134,192 | -3.0% |
| Tangible fixed assets | 22/27 | €3,281,053 | €3,146,862 | -€134,192 | -4.1% |
| Land and buildings | 22 | €3,281,053 | €3,146,862 | -€134,192 | -4.1% |
| Financial fixed assets | 28 | €1,184,214 | €1,184,214 | = | 0.0% |
| Affiliated companies | 280/1 | €1,184,214 | €1,184,214 | = | 0.0% |
| Participating interests | 280 | €1,184,214 | €1,184,214 | = | 0.0% |
| Current assets | 29/58 | €231,392 | €578,026 | +€346,634 | +150% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €97,618 | €469,405 | +€371,786 | +381% |
| Trade receivables | 40 | €51,425 | €89,995 | +€38,570 | +75.0% |
| Other amounts receivable | 41 | €46,193 | €379,409 | +€333,216 | +721% |
| Cash at bank and in hand | 54/58 | €133,434 | €89,730 | -€43,704 | -32.8% |
| Deferred charges and accrued income | 490/1 | €339 | €18,891 | +€18,552 | +5,474% |
| Total equity and liabilities | 10/49 | €4,696,659 | €4,909,101 | +€212,442 | +4.5% |
| Equity | 10/15 | €1,348,768 | €1,371,343 | +€22,575 | +1.7% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €1,286,795 | €1,309,370 | +€22,575 | +1.8% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Distributable reserves | 133 | €1,280,598 | €1,303,172 | +€22,575 | +1.8% |
| Amounts payable | 17/49 | €3,347,891 | €3,537,758 | +€189,868 | +5.7% |
| Amounts payable after more than one year | 17 | €3,044,688 | €2,868,130 | -€176,558 | -5.8% |
| Financial debts | 170/4 | €2,130,688 | €1,948,390 | -€182,298 | -8.6% |
| Credit institutions | 173 | €2,130,688 | €1,948,390 | -€182,298 | -8.6% |
| Other amounts payable | 178/9 | €914,000 | €919,740 | +€5,740 | +0.6% |
| Amounts payable within one year | 42/48 | €226,678 | €608,833 | +€382,155 | +169% |
| Current portion of amounts payable after more than one year | 42 | €176,360 | €182,298 | +€5,938 | +3.4% |
| Trade debts | 44 | €41,885 | €59,426 | +€17,542 | +41.9% |
| Suppliers | 440/4 | €41,885 | €59,426 | +€17,542 | +41.9% |
| Taxes, remuneration and social security | 45 | €8,433 | €318,191 | +€309,757 | +3,673% |
| Taxes | 450/3 | €8,433 | €318,191 | +€309,757 | +3,673% |
| Other amounts payable | 47/48 | - | €48,918 | +€48,918 | |
| Accrued charges and deferred income | 492/3 | €76,524 | €60,795 | -€15,729 | -20.6% |
| Operating income | 70/76A | €546,964 | €447,495 | -€99,469 | -18.2% |
| Turnover | 70 | €87,500 | €50,000 | -€37,500 | -42.9% |
| Other operating income | 74 | €459,464 | €397,495 | -€61,969 | -13.5% |
| Operating charges | 60/66A | €328,158 | €267,031 | -€61,127 | -18.6% |
| Services and other goods | 61 | €57,896 | €43,712 | -€14,185 | -24.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €205,835 | €169,929 | -€35,905 | -17.4% |
| Other operating charges | 640/8 | €64,427 | €53,390 | -€11,037 | -17.1% |
| Operating profit (loss) | 9901 | €218,806 | €180,464 | -€38,342 | -17.5% |
| Financial income | 75/76B | €0 | €91 | +€91 | |
| Recurring financial income | 75 | €0 | €91 | +€91 | |
| Other financial income | 752/9 | €0 | €91 | +€91 | |
| Financial charges | 65/66B | €163,580 | €150,455 | -€13,124 | -8.0% |
| Recurring financial charges | 65 | €163,580 | €150,455 | -€13,124 | -8.0% |
| Debt charges | 650 | €161,357 | €149,248 | -€12,109 | -7.5% |
| Other financial charges | 652/9 | €2,223 | €1,207 | -€1,015 | -45.7% |
| Profit (loss) for the period before taxes | 9903 | €55,226 | €30,100 | -€25,127 | -45.5% |
| Income taxes | 67/77 | €13,807 | €7,525 | -€6,282 | -45.5% |
| Taxes | 670/3 | €13,807 | €7,525 | -€6,282 | -45.5% |
| Profit (loss) for the period | 9904 | €41,420 | €22,575 | -€18,845 | -45.5% |
| Profit (loss) for the period to be appropriated | 9905 | €41,420 | €22,575 | -€18,845 | -45.5% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.