KRINO: 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.
KRINO
Largest movements
- Cash +€6,199
up €6,199 (+5.6%), from €109,740 to €115,939
mainly Net result for the year (+€17,242) and Accrued charges and deferred income (+€690)
- Reserves +€17,242
up €17,242 (+7.4%), from €232,132 to €249,374
of which Distributable reserves: +€17,242
- Tax, wage and social debts -€7,809
down €7,809 (-89.7%), from €8,709 to €900
- Gross operating margin -€36,670
down €36,670 (-51.1%), from €71,827 to €35,157
- Depreciation -€25,159
down €25,159 (-99.3%), from €25,331 to €173
- Taxes -€6,284
down €6,284 (-42.4%), from €14,825 to €8,541
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.
Cash bridge derived
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 | €280,567 | €288,549 | +€7,982 | +2.8% |
| Fixed assets | 21/28 | €169,842 | €171,098 | +€1,256 | +0.7% |
| Tangible fixed assets | 22/27 | €169,842 | €171,098 | +€1,256 | +0.7% |
| Land and buildings | 22 | €169,708 | €169,708 | = | 0.0% |
| Furniture and vehicles | 24 | €0 | €1,390 | +€1,390 | |
| Other tangible fixed assets | 26 | €134 | €0 | -€134 | -100.0% |
| Current assets | 29/58 | €110,725 | €117,451 | +€6,726 | +6.1% |
| Amounts receivable within one year | 40/41 | €755 | €512 | -€243 | -32.2% |
| Trade receivables | 40 | €50 | €0 | -€50 | -100.0% |
| Other amounts receivable | 41 | €705 | €512 | -€193 | -27.4% |
| Cash at bank and in hand | 54/58 | €109,740 | €115,939 | +€6,199 | +5.6% |
| Deferred charges and accrued income | 490/1 | €230 | €1,000 | +€770 | +334.8% |
| Total equity and liabilities | 10/49 | €280,567 | €288,549 | +€7,982 | +2.8% |
| Equity | 10/15 | €250,682 | €267,924 | +€17,242 | +6.9% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €232,132 | €249,374 | +€17,242 | +7.4% |
| Tax-exempt reserves | 132 | €0 | - | = | |
| Distributable reserves | 133 | €232,132 | €249,374 | +€17,242 | +7.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €0 | - | = | |
| Deferred taxes | 168 | €0 | - | = | |
| Amounts payable | 17/49 | €29,885 | €20,625 | -€9,260 | -31.0% |
| Amounts payable within one year | 42/48 | €25,385 | €15,435 | -€9,950 | -39.2% |
| Trade debts | 44 | €339 | €690 | +€351 | +103.7% |
| Suppliers | 440/4 | €339 | €690 | +€351 | +103.7% |
| Taxes, remuneration and social security | 45 | €8,709 | €900 | -€7,809 | -89.7% |
| Taxes | 450/3 | €8,709 | €900 | -€7,809 | -89.7% |
| Other amounts payable | 47/48 | €16,337 | €13,845 | -€2,492 | -15.3% |
| Accrued charges and deferred income | 492/3 | €4,500 | €5,190 | +€690 | +15.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,331 | €173 | -€25,159 | -99.3% |
| Other operating charges | 640/8 | €9,321 | €9,719 | +€398 | +4.3% |
| Gross operating margin | 9900 | €71,827 | €35,157 | -€36,670 | -51.1% |
| Operating profit (loss) | 9901 | €37,174 | €25,265 | -€11,909 | -32.0% |
| Financial income | 75/76B | €344 | €602 | +€258 | +74.9% |
| Recurring financial income | 75 | €344 | €602 | +€258 | +74.9% |
| Financial charges | 65/66B | €83 | €84 | +€2 | +1.8% |
| Recurring financial charges | 65 | €83 | €84 | +€2 | +1.8% |
| Profit (loss) for the period before taxes | 9903 | €37,436 | €25,783 | -€11,653 | -31.1% |
| Transfer from deferred taxes | 780 | €8,196 | €0 | -€8,196 | -100.0% |
| Income taxes | 67/77 | €14,825 | €8,541 | -€6,284 | -42.4% |
| Profit (loss) for the period | 9904 | €30,807 | €17,242 | -€13,565 | -44.0% |
| Profit (loss) for the period to be appropriated | 9905 | €30,807 | €17,242 | -€13,565 | -44.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.