KRIS DE MEYST: 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 DE MEYST
Largest movements
- Cash +€42,353
up €42,353 (+46.2%), from €91,678 to €134,031
mainly Other debts (+€125,889) and Net result for the year (+€85,872)
- Receivables within one year +€29,873
up €29,873 (+245%), from €12,211 to €42,084
of which Other amounts receivable: +€25,000
- Tangible fixed assets -€15,597
down €15,597 (-9.8%), from €159,360 to €143,763
of which Land and buildings: -€17,159
- Other debts +€125,889
up €125,889 (+479%), from €26,270 to €152,159
- Reserves -€65,326
down €65,326 (-21.6%), from €303,011 to €237,685
of which Distributable reserves: -€65,326
- Current portion of long-term debt -€6,493
no longer reported in 2025 (was €6,493)
- Gross operating margin +€17,274
up €17,274 (+12.1%), from €142,262 to €159,536
- Depreciation +€12,277
up €12,277 (+50.6%), from €24,250 to €36,527
- Financial income -€2,253
down €2,253 (-81.7%), from €2,758 to €505
- Other operating charges -€2,098
down €2,098 (-51.7%), from €4,061 to €1,963
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 | €363,987 | €420,704 | +€56,717 | +15.6% |
| Fixed assets | 21/28 | €159,360 | €143,763 | -€15,597 | -9.8% |
| Tangible fixed assets | 22/27 | €159,360 | €143,763 | -€15,597 | -9.8% |
| Land and buildings | 22 | €87,427 | €70,268 | -€17,159 | -19.6% |
| Plant, machinery and equipment | 23 | €6,413 | €9,548 | +€3,135 | +48.9% |
| Furniture and vehicles | 24 | €65,520 | €63,947 | -€1,573 | -2.4% |
| Current assets | 29/58 | €204,627 | €276,941 | +€72,314 | +35.3% |
| Amounts receivable within one year | 40/41 | €12,211 | €42,084 | +€29,873 | +245% |
| Trade receivables | 40 | €12,211 | €17,084 | +€4,873 | +39.9% |
| Other amounts receivable | 41 | - | €25,000 | +€25,000 | |
| Current investments | 50/53 | €100,000 | €100,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €91,678 | €134,031 | +€42,353 | +46.2% |
| Deferred charges and accrued income | 490/1 | €738 | €826 | +€88 | +11.9% |
| Total equity and liabilities | 10/49 | €363,987 | €420,704 | +€56,717 | +15.6% |
| Equity | 10/15 | €309,211 | €243,885 | -€65,326 | -21.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €303,011 | €237,685 | -€65,326 | -21.6% |
| Tax-exempt reserves | 132 | €198 | €198 | = | 0.0% |
| Distributable reserves | 133 | €302,813 | €237,487 | -€65,326 | -21.6% |
| Amounts payable | 17/49 | €54,776 | €176,819 | +€122,043 | +223% |
| Amounts payable within one year | 42/48 | €54,776 | €176,819 | +€122,043 | +223% |
| Current portion of amounts payable after more than one year | 42 | €6,493 | - | -€6,493 | |
| Trade debts | 44 | €1,783 | €1,425 | -€358 | -20.1% |
| Suppliers | 440/4 | €1,783 | €1,425 | -€358 | -20.1% |
| Taxes, remuneration and social security | 45 | €20,230 | €23,235 | +€3,005 | +14.9% |
| Taxes | 450/3 | €17,880 | €20,885 | +€3,005 | +16.8% |
| Remuneration and social security | 454/9 | €2,350 | €2,350 | = | 0.0% |
| Other amounts payable | 47/48 | €26,270 | €152,159 | +€125,889 | +479% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,250 | €36,527 | +€12,277 | +50.6% |
| Other operating charges | 640/8 | €4,061 | €1,963 | -€2,098 | -51.7% |
| Gross operating margin | 9900 | €142,262 | €159,536 | +€17,274 | +12.1% |
| Operating profit (loss) | 9901 | €113,951 | €121,046 | +€7,095 | +6.2% |
| Financial income | 75/76B | €2,758 | €505 | -€2,253 | -81.7% |
| Recurring financial income | 75 | €2,758 | €505 | -€2,253 | -81.7% |
| Financial charges | 65/66B | €853 | €385 | -€468 | -54.9% |
| Recurring financial charges | 65 | €853 | €385 | -€468 | -54.9% |
| Profit (loss) for the period before taxes | 9903 | €115,856 | €121,166 | +€5,310 | +4.6% |
| Income taxes | 67/77 | €33,904 | €35,294 | +€1,390 | +4.1% |
| Profit (loss) for the period | 9904 | €81,952 | €85,872 | +€3,920 | +4.8% |
| Profit (loss) for the period to be appropriated | 9905 | €81,952 | €85,872 | +€3,920 | +4.8% |
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 1 November 2026 via checked.be.