KRINI: what changed
KRINI
Largest movements
- Cash +€25,831
up €25,831 (+63.2%), from €40,865 to €66,695
mainly Depreciation (+€19,070) and Net result for the year (+€6,684)
- Tangible fixed assets -€13,545
down €13,545 (-21.5%), from €62,882 to €49,337
of which Plant, machinery and equipment: -€9,663
- Deferred charges and accrued income -€3,171
down €3,171 (-23.1%), from €13,746 to €10,575
- Intangible fixed assets -€2,250
no longer reported in 2025 (was €2,250)
- Stocks and contracts -€1,955
down €1,955 (-12.2%), from €15,966 to €14,011
- Reserves +€6,684
up €6,684 (+9.6%), from €69,509 to €76,193
of which Distributable reserves: +€6,684
- Other debts -€5,204
no longer reported in 2025 (was €5,204)
- Tax, wage and social debts +€3,975
up €3,975 (+20.1%), from €19,795 to €23,770
of which Remuneration and social security: +€3,063
- Staff costs -€84,424
down €84,424 (-41.8%), from €202,014 to €117,590
- Gross operating margin -€79,909
down €79,909 (-33.6%), from €238,042 to €158,132
- Depreciation +€2,467
up €2,467 (+14.9%), from €16,603 to €19,070
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €142,126 | €147,725 | +€5,600 | +3.9% |
| Fixed assets | 21/28 | €70,832 | €55,037 | -€15,795 | -22.3% |
| Intangible fixed assets | 21 | €2,250 | - | -€2,250 | |
| Tangible fixed assets | 22/27 | €62,882 | €49,337 | -€13,545 | -21.5% |
| Land and buildings | 22 | €10,832 | €8,413 | -€2,419 | -22.3% |
| Plant, machinery and equipment | 23 | €45,901 | €36,238 | -€9,663 | -21.1% |
| Furniture and vehicles | 24 | €6,149 | €4,685 | -€1,464 | -23.8% |
| Financial fixed assets | 28 | €5,700 | €5,700 | = | 0.0% |
| Current assets | 29/58 | €71,294 | €92,689 | +€21,395 | +30.0% |
| Stocks and contracts in progress | 3 | €15,966 | €14,011 | -€1,955 | -12.2% |
| Stocks | 30/36 | €15,966 | €14,011 | -€1,955 | -12.2% |
| Amounts receivable within one year | 40/41 | €717 | €1,407 | +€690 | +96.3% |
| Other amounts receivable | 41 | €717 | €1,407 | +€690 | +96.3% |
| Cash at bank and in hand | 54/58 | €40,865 | €66,695 | +€25,831 | +63.2% |
| Deferred charges and accrued income | 490/1 | €13,746 | €10,575 | -€3,171 | -23.1% |
| Total equity and liabilities | 10/49 | €142,126 | €147,725 | +€5,600 | +3.9% |
| Equity | 10/15 | €88,109 | €94,793 | +€6,684 | +7.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €69,509 | €76,193 | +€6,684 | +9.6% |
| Tax-exempt reserves | 132 | €4,852 | €4,852 | = | 0.0% |
| Distributable reserves | 133 | €64,657 | €71,341 | +€6,684 | +10.3% |
| Amounts payable | 17/49 | €54,017 | €52,932 | -€1,085 | -2.0% |
| Amounts payable within one year | 42/48 | €54,017 | €52,362 | -€1,655 | -3.1% |
| Trade debts | 44 | €29,018 | €28,592 | -€426 | -1.5% |
| Suppliers | 440/4 | €29,018 | €28,592 | -€426 | -1.5% |
| Taxes, remuneration and social security | 45 | €19,795 | €23,770 | +€3,975 | +20.1% |
| Taxes | 450/3 | €13,567 | €14,479 | +€912 | +6.7% |
| Remuneration and social security | 454/9 | €6,228 | €9,291 | +€3,063 | +49.2% |
| Other amounts payable | 47/48 | €5,204 | - | -€5,204 | |
| Accrued charges and deferred income | 492/3 | - | €570 | +€570 | |
| Remuneration, social security and pensions | 62 | €202,014 | €117,590 | -€84,424 | -41.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,603 | €19,070 | +€2,467 | +14.9% |
| Other operating charges | 640/8 | €5,110 | €5,694 | +€584 | +11.4% |
| Gross operating margin | 9900 | €238,042 | €158,132 | -€79,909 | -33.6% |
| Operating profit (loss) | 9901 | €14,315 | €15,778 | +€1,464 | +10.2% |
| Financial income | 75/76B | €60 | €3 | -€57 | -95.5% |
| Recurring financial income | 75 | €60 | €3 | -€57 | -95.5% |
| Financial charges | 65/66B | €4,606 | €5,689 | +€1,083 | +23.5% |
| Recurring financial charges | 65 | €4,606 | €5,689 | +€1,083 | +23.5% |
| Profit (loss) for the period before taxes | 9903 | €9,769 | €10,092 | +€323 | +3.3% |
| Income taxes | 67/77 | €3,082 | €3,408 | +€326 | +10.6% |
| Profit (loss) for the period | 9904 | €6,687 | €6,684 | -€3 | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €6,687 | €6,684 | -€3 | 0.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.