KRIS BEHEER: what changed
KRIS BEHEER
Largest movements
- Current investments +€62,564
up €62,564 (+9.4%), from €663,605 to €726,169
- Cash -€34,670
down €34,670 (-43.8%), from €79,155 to €44,485
mainly Contributions, distributions and other (-€112,000) and Current investments (-€62,564)
- Other debts +€104,000
up €104,000 (+599%), from €17,350 to €121,350
- Reserves -€52,220
down €52,220 (-6.6%), from €789,744 to €737,524
- Tax, wage and social debts -€16,087
down €16,087 (-30.3%), from €53,166 to €37,080
- Financial income -€104,638
down €104,638 (-91.9%), from €113,853 to €9,215
- Gross operating margin +€47,988
up €47,988 (+77.0%), from €62,295 to €110,283
- Write-downs +€29,317
no longer reported in 2025 (was -€29,317)
- Other operating charges -€25,851
down €25,851 (-57.5%), from €44,957 to €19,106
- Taxes -€16,092
down €16,092 (-32.8%), from €49,004 to €32,912
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 | €952,847 | €985,536 | +€32,689 | +3.4% |
| Fixed assets | 21/28 | €201,205 | €200,166 | -€1,039 | -0.5% |
| Tangible fixed assets | 22/27 | €201,205 | €200,166 | -€1,039 | -0.5% |
| Land and buildings | 22 | €201,189 | €200,166 | -€1,023 | -0.5% |
| Furniture and vehicles | 24 | €17 | - | -€17 | |
| Current assets | 29/58 | €751,642 | €785,370 | +€33,728 | +4.5% |
| Amounts receivable within one year | 40/41 | €7,678 | €13,457 | +€5,779 | +75.3% |
| Trade receivables | 40 | €7,678 | €13,457 | +€5,779 | +75.3% |
| Current investments | 50/53 | €663,605 | €726,169 | +€62,564 | +9.4% |
| Cash at bank and in hand | 54/58 | €79,155 | €44,485 | -€34,670 | -43.8% |
| Deferred charges and accrued income | 490/1 | €1,204 | €1,259 | +€55 | +4.6% |
| Total equity and liabilities | 10/49 | €952,847 | €985,536 | +€32,689 | +3.4% |
| Equity | 10/15 | €873,823 | €821,603 | -€52,220 | -6.0% |
| Contributions | 10/11 | €34,500 | €34,500 | = | 0.0% |
| Revaluation surpluses | 12 | €49,579 | €49,579 | = | 0.0% |
| Reserves | 13 | €789,744 | €737,524 | -€52,220 | -6.6% |
| Distributable reserves | 133 | €789,744 | €737,524 | -€52,220 | -6.6% |
| Amounts payable | 17/49 | €79,024 | €163,933 | +€84,909 | +107% |
| Amounts payable within one year | 42/48 | €74,166 | €159,212 | +€85,047 | +115% |
| Trade debts | 44 | €3,649 | €783 | -€2,867 | -78.6% |
| Suppliers | 440/4 | €3,649 | €783 | -€2,867 | -78.6% |
| Taxes, remuneration and social security | 45 | €53,166 | €37,080 | -€16,087 | -30.3% |
| Taxes | 450/3 | €53,166 | €37,080 | -€16,087 | -30.3% |
| Other amounts payable | 47/48 | €17,350 | €121,350 | +€104,000 | +599% |
| Accrued charges and deferred income | 492/3 | €4,858 | €4,721 | -€138 | -2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,166 | €1,039 | -€6,127 | -85.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€29,317 | - | +€29,317 | |
| Other operating charges | 640/8 | €44,957 | €19,106 | -€25,851 | -57.5% |
| Gross operating margin | 9900 | €62,295 | €110,283 | +€47,988 | +77.0% |
| Operating profit (loss) | 9901 | €39,489 | €90,138 | +€50,650 | +128% |
| Financial income | 75/76B | €113,853 | €9,215 | -€104,638 | -91.9% |
| Recurring financial income | 75 | €113,853 | €9,215 | -€104,638 | -91.9% |
| Financial charges | 65/66B | €93 | €6,661 | +€6,568 | +7,038% |
| Recurring financial charges | 65 | €93 | €6,661 | +€6,568 | +7,038% |
| Profit (loss) for the period before taxes | 9903 | €153,248 | €92,692 | -€60,556 | -39.5% |
| Income taxes | 67/77 | €49,004 | €32,912 | -€16,092 | -32.8% |
| Profit (loss) for the period | 9904 | €104,244 | €59,780 | -€44,464 | -42.7% |
| Profit (loss) for the period to be appropriated | 9905 | €104,244 | €59,780 | -€44,464 | -42.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.