KRIS BOLLEN: 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.
KRIS BOLLEN
Largest movements
- Tangible fixed assets -€5,724
down €5,724 (-6.5%), from €88,177 to €82,453
of which Land and buildings: -€17,087
- Deferred charges and accrued income -€5,502
down €5,502 (-37.4%), from €14,711 to €9,210
- Cash +€3,966
up €3,966 (+6.9%), from €57,339 to €61,305
mainly Net result for the year (+€21,966) and Depreciation (+€21,942)
- Reserves -€10,097
down €10,097 (-4.0%), from €253,351 to €243,254
of which Distributable reserves: -€10,097
- Other debts +€5,391
up €5,391 (+1296.0%), from €416 to €5,807
- Other operating charges -€1,327
down €1,327 (-58.9%), from €2,255 to €928
- Gross operating margin +€1,221
up €1,221 (+2.3%), from €52,923 to €54,144
- Depreciation +€905
up €905 (+4.3%), from €21,036 to €21,942
- Financial charges -€543
down €543 (-50.7%), from €1,071 to €528
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 | €266,991 | €261,201 | -€5,790 | -2.2% |
| Fixed assets | 21/28 | €88,177 | €82,453 | -€5,724 | -6.5% |
| Tangible fixed assets | 22/27 | €88,177 | €82,453 | -€5,724 | -6.5% |
| Land and buildings | 22 | €68,538 | €51,451 | -€17,087 | -24.9% |
| Plant, machinery and equipment | 23 | €13,673 | €11,632 | -€2,041 | -14.9% |
| Furniture and vehicles | 24 | €5,965 | €19,369 | +€13,404 | +224.7% |
| Current assets | 29/58 | €178,814 | €178,748 | -€66 | 0.0% |
| Amounts receivable after more than one year | 29 | €65,000 | €65,000 | = | 0.0% |
| Other amounts receivable | 291 | €65,000 | €65,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €41,764 | €43,233 | +€1,469 | +3.5% |
| Trade receivables | 40 | €27,371 | €29,050 | +€1,680 | +6.1% |
| Other amounts receivable | 41 | €14,393 | €14,182 | -€210 | -1.5% |
| Cash at bank and in hand | 54/58 | €57,339 | €61,305 | +€3,966 | +6.9% |
| Deferred charges and accrued income | 490/1 | €14,711 | €9,210 | -€5,502 | -37.4% |
| Total equity and liabilities | 10/49 | €266,991 | €261,201 | -€5,790 | -2.2% |
| Equity | 10/15 | €253,451 | €243,354 | -€10,097 | -4.0% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €253,351 | €243,254 | -€10,097 | -4.0% |
| Tax-exempt reserves | 132 | €16,355 | €16,355 | = | 0.0% |
| Distributable reserves | 133 | €236,996 | €226,899 | -€10,097 | -4.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €13,540 | €17,847 | +€4,307 | +31.8% |
| Amounts payable within one year | 42/48 | €10,838 | €16,847 | +€6,009 | +55.4% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €2,398 | €4,088 | +€1,690 | +70.5% |
| Suppliers | 440/4 | €2,398 | €4,088 | +€1,690 | +70.5% |
| Advances received on contracts in progress | 46 | €135 | €0 | -€135 | -100.0% |
| Taxes, remuneration and social security | 45 | €7,889 | €6,952 | -€937 | -11.9% |
| Taxes | 450/3 | €7,889 | €6,952 | -€937 | -11.9% |
| Other amounts payable | 47/48 | €416 | €5,807 | +€5,391 | +1296.0% |
| Accrued charges and deferred income | 492/3 | €2,701 | €1,000 | -€1,701 | -63.0% |
| Non-recurring operating income | 76A | €0 | €1,106 | +€1,106 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,036 | €21,942 | +€905 | +4.3% |
| Other operating charges | 640/8 | €2,255 | €928 | -€1,327 | -58.9% |
| Non-recurring operating charges | 66A | €0 | €1,642 | +€1,642 | |
| Gross operating margin | 9900 | €52,923 | €54,144 | +€1,221 | +2.3% |
| Operating profit (loss) | 9901 | €29,632 | €29,632 | +€0 | 0.0% |
| Financial income | 75/76B | €2,341 | €2,270 | -€71 | -3.0% |
| Recurring financial income | 75 | €2,341 | €2,270 | -€71 | -3.0% |
| Financial charges | 65/66B | €1,071 | €528 | -€543 | -50.7% |
| Recurring financial charges | 65 | €1,071 | €528 | -€543 | -50.7% |
| Profit (loss) for the period before taxes | 9903 | €30,902 | €31,374 | +€472 | +1.5% |
| Income taxes | 67/77 | €8,940 | €9,408 | +€467 | +5.2% |
| Profit (loss) for the period | 9904 | €21,962 | €21,966 | +€5 | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €21,962 | €21,966 | +€5 | 0.0% |
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 9 October 2026 via checked.be.