KRING - SERVICE: 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.
KRING - SERVICE
Largest movements
- Cash +€72,416
up €72,416 (+17.4%), from €416,037 to €488,453
mainly Net result for the year (+€107,507) and Tax, wage and social debts (+€33,242)
- Tangible fixed assets +€67,926
up €67,926 (+5.9%), from €1.1m to €1.2m
of which Land and buildings: +€78,259
- Profit (loss) carried forward +€107,507
up €107,507 (+19.3%), from -€556,518 to -€449,011
- Tax, wage and social debts +€33,242
up €33,242 (+554%), from €6,000 to €39,242
- Trade debts -€18,532
down €18,532 (-78.9%), from €23,483 to €4,951
- Turnover +€277,488
new in 2025: €277,488
- Purchases and services +€104,126
new in 2025: €104,126
- Gross operating margin +€46,157
up €46,157 (+36.3%), from €127,205 to €173,363
- Taxes +€19,082
up €19,082 (+103%), from €18,546 to €37,627
- Depreciation +€10,074
up €10,074 (+75.2%), from €13,390 to €23,465
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 | €1,566,624 | €1,704,080 | +€137,456 | +8.8% |
| Fixed assets | 21/28 | €1,142,831 | €1,210,757 | +€67,926 | +5.9% |
| Tangible fixed assets | 22/27 | €1,142,331 | €1,210,257 | +€67,926 | +5.9% |
| Land and buildings | 22 | €1,128,074 | €1,206,333 | +€78,259 | +6.9% |
| Plant, machinery and equipment | 23 | €5,014 | €3,924 | -€1,090 | -21.7% |
| Assets under construction and advance payments | 27 | €9,243 | - | -€9,243 | |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €423,793 | €493,323 | +€69,530 | +16.4% |
| Amounts receivable within one year | 40/41 | €7,745 | €4,054 | -€3,691 | -47.7% |
| Other amounts receivable | 41 | €7,745 | €4,054 | -€3,691 | -47.7% |
| Cash at bank and in hand | 54/58 | €416,037 | €488,453 | +€72,416 | +17.4% |
| Deferred charges and accrued income | 490/1 | €11 | €816 | +€805 | +7,548% |
| Total equity and liabilities | 10/49 | €1,566,624 | €1,704,080 | +€137,456 | +8.8% |
| Equity | 10/15 | €859,803 | €967,309 | +€107,507 | +12.5% |
| Contributions | 10/11 | €724,846 | €724,846 | = | 0.0% |
| Revaluation surpluses | 12 | €691,474 | €691,474 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€556,518 | -€449,011 | +€107,507 | +19.3% |
| Provisions and deferred taxes | 16 | €62,500 | €62,500 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €62,500 | €62,500 | = | 0.0% |
| Major repairs and maintenance | 162 | €62,500 | €62,500 | = | 0.0% |
| Amounts payable | 17/49 | €644,321 | €674,271 | +€29,950 | +4.6% |
| Amounts payable after more than one year | 17 | €609,149 | €620,136 | +€10,987 | +1.8% |
| Financial debts | 170/4 | €609,149 | €620,136 | +€10,987 | +1.8% |
| Amounts payable within one year | 42/48 | €29,483 | €44,193 | +€14,710 | +49.9% |
| Trade debts | 44 | €23,483 | €4,951 | -€18,532 | -78.9% |
| Suppliers | 440/4 | €23,483 | €4,951 | -€18,532 | -78.9% |
| Taxes, remuneration and social security | 45 | €6,000 | €39,242 | +€33,242 | +554% |
| Taxes | 450/3 | €6,000 | €39,242 | +€33,242 | +554% |
| Accrued charges and deferred income | 492/3 | €5,690 | €9,942 | +€4,252 | +74.7% |
| Turnover | 70 | - | €277,488 | +€277,488 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €104,126 | +€104,126 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,390 | €23,465 | +€10,074 | +75.2% |
| Other operating charges | 640/8 | €1,086 | €1,118 | +€33 | +3.0% |
| Gross operating margin | 9900 | €127,205 | €173,363 | +€46,157 | +36.3% |
| Operating profit (loss) | 9901 | €112,729 | €148,779 | +€36,050 | +32.0% |
| Financial income | 75/76B | €59 | €2,780 | +€2,721 | +4,626% |
| Recurring financial income | 75 | €59 | €2,780 | +€2,721 | +4,626% |
| Financial charges | 65/66B | €6,642 | €6,426 | -€216 | -3.3% |
| Recurring financial charges | 65 | €6,642 | €6,426 | -€216 | -3.3% |
| Profit (loss) for the period before taxes | 9903 | €106,147 | €145,134 | +€38,987 | +36.7% |
| Income taxes | 67/77 | €18,546 | €37,627 | +€19,082 | +103% |
| Profit (loss) for the period | 9904 | €87,601 | €107,507 | +€19,906 | +22.7% |
| Profit (loss) for the period to be appropriated | 9905 | €87,601 | €107,507 | +€19,906 | +22.7% |
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 15 October 2026 via checked.be.