KRINIDI: 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.
KRINIDI
Largest movements
- Tangible fixed assets -€7,896
down €7,896 (-2.5%), from €313,576 to €305,680
- Debts after one year -€29,001
down €29,001 (-25.1%), from €115,447 to €86,446
- Profit (loss) carried forward +€14,209
up €14,209, from -€2,817 to €11,392
- Tax, wage and social debts +€4,286
new in 2024: €4,286
- Gross operating margin +€31,794
up €31,794 (+1155.7%), from €2,751 to €34,545
- Depreciation +€5,632
up €5,632 (+248.7%), from €2,264 to €7,896
- Financial charges +€4,786
up €4,786 (+217.5%), from €2,200 to €6,986
- Taxes +€4,286
new in 2024: €4,286
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 | €315,419 | €306,777 | -€8,642 | -2.7% |
| Fixed assets | 21/28 | €313,576 | €305,680 | -€7,896 | -2.5% |
| Tangible fixed assets | 22/27 | €313,576 | €305,680 | -€7,896 | -2.5% |
| Land and buildings | 22 | €313,576 | €305,680 | -€7,896 | -2.5% |
| Current assets | 29/58 | €1,844 | €1,097 | -€746 | -40.5% |
| Cash at bank and in hand | 54/58 | €1,844 | €575 | -€1,269 | -68.8% |
| Deferred charges and accrued income | 490/1 | - | €523 | +€523 | |
| Total equity and liabilities | 10/49 | €315,419 | €306,777 | -€8,642 | -2.7% |
| Equity | 10/15 | €72,183 | €86,392 | +€14,209 | +19.7% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,817 | €11,392 | +€14,209 | |
| Amounts payable | 17/49 | €243,236 | €220,385 | -€22,851 | -9.4% |
| Amounts payable after more than one year | 17 | €115,447 | €86,446 | -€29,001 | -25.1% |
| Financial debts | 170/4 | €115,447 | €86,446 | -€29,001 | -25.1% |
| Amounts payable within one year | 42/48 | €127,789 | €133,940 | +€6,151 | +4.8% |
| Current portion of amounts payable after more than one year | 42 | €27,789 | €29,001 | +€1,212 | +4.4% |
| Trade debts | 44 | - | €1,652 | +€1,652 | |
| Suppliers | 440/4 | - | €1,652 | +€1,652 | |
| Taxes, remuneration and social security | 45 | - | €4,286 | +€4,286 | |
| Taxes | 450/3 | - | €4,286 | +€4,286 | |
| Other amounts payable | 47/48 | €100,000 | €99,000 | -€1,000 | -1.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,264 | €7,896 | +€5,632 | +248.7% |
| Other operating charges | 640/8 | €1,104 | €1,169 | +€65 | +5.9% |
| Gross operating margin | 9900 | €2,751 | €34,545 | +€31,794 | +1155.7% |
| Operating profit (loss) | 9901 | -€617 | €25,480 | +€26,097 | |
| Financial charges | 65/66B | €2,200 | €6,986 | +€4,786 | +217.5% |
| Recurring financial charges | 65 | €2,200 | €6,986 | +€4,786 | +217.5% |
| Profit (loss) for the period before taxes | 9903 | -€2,817 | €18,494 | +€21,311 | |
| Income taxes | 67/77 | - | €4,286 | +€4,286 | |
| Profit (loss) for the period | 9904 | -€2,817 | €14,209 | +€17,026 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,817 | €14,209 | +€17,026 |
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 7 October 2026 via checked.be.