KRION: 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.
KRION
Largest movements
- Tangible fixed assets -€199,823
down €199,823 (-26.1%), from €765,173 to €565,351
of which Land and buildings: -€197,681
- Receivables after one year +€150,000
new in 2025: €150,000
- Cash -€24,415
down €24,415 (-14.6%), from €167,230 to €142,815
mainly Debts after one year (-€178,067) and Receivables after one year (-€150,000)
- Debts after one year -€178,067
down €178,067 (-53.1%), from €335,344 to €157,277
- Reserves +€131,007
up €131,007 (+22.7%), from €577,775 to €708,782
- Current portion of long-term debt -€23,282
down €23,282 (-37.2%), from €62,662 to €39,380
- Gross operating margin +€61,839
up €61,839 (+25.7%), from €240,919 to €302,758
- Taxes +€23,711
up €23,711 (+45.3%), from €52,334 to €76,046
- Depreciation -€5,749
down €5,749 (-13.9%), from €41,478 to €35,729
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 | €1,024,130 | €947,096 | -€77,034 | -7.5% |
| Fixed assets | 21/28 | €765,173 | €565,351 | -€199,823 | -26.1% |
| Tangible fixed assets | 22/27 | €765,173 | €565,351 | -€199,823 | -26.1% |
| Land and buildings | 22 | €712,655 | €514,975 | -€197,681 | -27.7% |
| Plant, machinery and equipment | 23 | €4,098 | €1,094 | -€3,004 | -73.3% |
| Furniture and vehicles | 24 | €48,420 | €49,282 | +€862 | +1.8% |
| Current assets | 29/58 | €258,957 | €381,745 | +€122,788 | +47.4% |
| Amounts receivable after more than one year | 29 | - | €150,000 | +€150,000 | |
| Other amounts receivable | 291 | - | €150,000 | +€150,000 | |
| Amounts receivable within one year | 40/41 | €85,210 | €83,326 | -€1,885 | -2.2% |
| Trade receivables | 40 | €85,210 | €79,200 | -€6,010 | -7.1% |
| Other amounts receivable | 41 | - | €4,126 | +€4,126 | |
| Cash at bank and in hand | 54/58 | €167,230 | €142,815 | -€24,415 | -14.6% |
| Deferred charges and accrued income | 490/1 | €6,516 | €5,604 | -€912 | -14.0% |
| Total equity and liabilities | 10/49 | €1,024,130 | €947,096 | -€77,034 | -7.5% |
| Equity | 10/15 | €578,550 | €709,557 | +€131,007 | +22.6% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €577,775 | €708,782 | +€131,007 | +22.7% |
| Distributable reserves | 133 | €577,775 | €708,782 | +€131,007 | +22.7% |
| Profit (loss) carried forward | 14 | €675 | €675 | = | 0.0% |
| Amounts payable | 17/49 | €445,580 | €237,539 | -€208,041 | -46.7% |
| Amounts payable after more than one year | 17 | €335,344 | €157,277 | -€178,067 | -53.1% |
| Financial debts | 170/4 | €335,344 | €157,277 | -€178,067 | -53.1% |
| Amounts payable within one year | 42/48 | €109,336 | €80,262 | -€29,074 | -26.6% |
| Current portion of amounts payable after more than one year | 42 | €62,662 | €39,380 | -€23,282 | -37.2% |
| Financial debts | 43 | €13,524 | €13,461 | -€64 | -0.5% |
| Credit institutions | 430/8 | €0 | - | = | |
| Other loans | 439 | €13,524 | €13,461 | -€64 | -0.5% |
| Trade debts | 44 | €3,533 | €3,746 | +€212 | +6.0% |
| Suppliers | 440/4 | €3,533 | €3,746 | +€212 | +6.0% |
| Taxes, remuneration and social security | 45 | €29,616 | €23,675 | -€5,941 | -20.1% |
| Taxes | 450/3 | €29,616 | €23,675 | -€5,941 | -20.1% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €900 | €0 | -€900 | -100% |
| Non-recurring operating income | 76A | - | €82,095 | +€82,095 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,478 | €35,729 | -€5,749 | -13.9% |
| Other operating charges | 640/8 | €6,835 | €6,508 | -€327 | -4.8% |
| Gross operating margin | 9900 | €240,919 | €302,758 | +€61,839 | +25.7% |
| Operating profit (loss) | 9901 | €192,606 | €260,521 | +€67,915 | +35.3% |
| Financial income | 75/76B | €1,123 | €2,071 | +€948 | +84.5% |
| Recurring financial income | 75 | €1,123 | €2,071 | +€948 | +84.5% |
| Financial charges | 65/66B | €13,586 | €14,306 | +€720 | +5.3% |
| Recurring financial charges | 65 | €13,586 | €14,306 | +€720 | +5.3% |
| Profit (loss) for the period before taxes | 9903 | €180,143 | €248,287 | +€68,144 | +37.8% |
| Income taxes | 67/77 | €52,334 | €76,046 | +€23,711 | +45.3% |
| Profit (loss) for the period | 9904 | €127,809 | €172,241 | +€44,432 | +34.8% |
| Profit (loss) for the period to be appropriated | 9905 | €127,809 | €172,241 | +€44,432 | +34.8% |
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 13 October 2026 via checked.be.