KRIS ROELS: 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 ROELS
Largest movements
- Tangible fixed assets -€27,865
down €27,865 (-11.4%), from €244,013 to €216,148
of which Land and buildings: -€24,478
- Receivables within one year +€18,918
up €18,918 (+268%), from €7,060 to €25,978
- Cash -€4,574
down €4,574 (-38.9%), from €11,756 to €7,182
mainly Receivables within one year (-€18,918) and Tax, wage and social debts (-€17,146)
- Deferred charges and accrued income -€3,335
down €3,335 (-56.3%), from €5,927 to €2,592
- Stocks and contracts +€2,924
up €2,924 (+19.2%), from €15,236 to €18,159
- Tax, wage and social debts -€17,146
down €17,146 (-75.3%), from €22,771 to €5,625
of which Taxes: -€15,164
- Debts after one year -€9,501
down €9,501 (-5.7%), from €167,232 to €157,732
- Trade debts +€8,904
up €8,904 (+75.3%), from €11,825 to €20,729
- Reserves +€5,087
up €5,087 (+273%), from €1,860 to €6,947
- Gross operating margin -€47,493
down €47,493 (-47.0%), from €100,974 to €53,481
- Staff costs -€6,669
down €6,669 (-57.0%), from €11,704 to €5,035
- Depreciation +€3,277
up €3,277 (+12.3%), from €26,716 to €29,993
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 | €284,905 | €270,584 | -€14,321 | -5.0% |
| Fixed assets | 21/28 | €244,927 | €216,673 | -€28,254 | -11.5% |
| Intangible fixed assets | 21 | €389 | - | -€389 | |
| Tangible fixed assets | 22/27 | €244,013 | €216,148 | -€27,865 | -11.4% |
| Land and buildings | 22 | €237,681 | €213,203 | -€24,478 | -10.3% |
| Plant, machinery and equipment | 23 | €6,332 | €2,945 | -€3,387 | -53.5% |
| Financial fixed assets | 28 | €525 | €525 | = | 0.0% |
| Current assets | 29/58 | €39,979 | €53,912 | +€13,933 | +34.9% |
| Stocks and contracts in progress | 3 | €15,236 | €18,159 | +€2,924 | +19.2% |
| Stocks | 30/36 | €15,236 | €18,159 | +€2,924 | +19.2% |
| Amounts receivable within one year | 40/41 | €7,060 | €25,978 | +€18,918 | +268% |
| Other amounts receivable | 41 | €7,060 | €25,978 | +€18,918 | +268% |
| Cash at bank and in hand | 54/58 | €11,756 | €7,182 | -€4,574 | -38.9% |
| Deferred charges and accrued income | 490/1 | €5,927 | €2,592 | -€3,335 | -56.3% |
| Total equity and liabilities | 10/49 | €284,905 | €270,584 | -€14,321 | -5.0% |
| Equity | 10/15 | €18,100 | €25,547 | +€7,447 | +41.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €6,947 | +€5,087 | +273% |
| Distributable reserves | 133 | €1,860 | €6,947 | +€5,087 | +273% |
| Profit (loss) carried forward | 14 | -€2,360 | - | +€2,360 | |
| Amounts payable | 17/49 | €266,805 | €245,038 | -€21,767 | -8.2% |
| Amounts payable after more than one year | 17 | €167,232 | €157,732 | -€9,501 | -5.7% |
| Financial debts | 170/4 | €167,232 | €157,732 | -€9,501 | -5.7% |
| Amounts payable within one year | 42/48 | €59,381 | €49,914 | -€9,467 | -15.9% |
| Current portion of amounts payable after more than one year | 42 | €10,283 | €10,281 | -€2 | 0.0% |
| Financial debts | 43 | €14,502 | €13,279 | -€1,223 | -8.4% |
| Credit institutions | 430/8 | €14,502 | €13,279 | -€1,223 | -8.4% |
| Trade debts | 44 | €11,825 | €20,729 | +€8,904 | +75.3% |
| Suppliers | 440/4 | €11,825 | €20,729 | +€8,904 | +75.3% |
| Taxes, remuneration and social security | 45 | €22,771 | €5,625 | -€17,146 | -75.3% |
| Taxes | 450/3 | €20,781 | €5,616 | -€15,164 | -73.0% |
| Remuneration and social security | 454/9 | €1,990 | €9 | -€1,982 | -99.6% |
| Accrued charges and deferred income | 492/3 | €40,191 | €37,392 | -€2,800 | -7.0% |
| Remuneration, social security and pensions | 62 | €11,704 | €5,035 | -€6,669 | -57.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,716 | €29,993 | +€3,277 | +12.3% |
| Other operating charges | 640/8 | €918 | €1,154 | +€236 | +25.7% |
| Gross operating margin | 9900 | €100,974 | €53,481 | -€47,493 | -47.0% |
| Operating profit (loss) | 9901 | €61,636 | €17,299 | -€44,337 | -71.9% |
| Financial income | 75/76B | €30 | €84 | +€54 | +179% |
| Recurring financial income | 75 | €30 | €84 | +€54 | +179% |
| Financial charges | 65/66B | €9,266 | €9,795 | +€529 | +5.7% |
| Recurring financial charges | 65 | €9,266 | €9,795 | +€529 | +5.7% |
| Profit (loss) for the period before taxes | 9903 | €52,400 | €7,587 | -€44,812 | -85.5% |
| Income taxes | 67/77 | €145 | €141 | -€4 | -2.6% |
| Profit (loss) for the period | 9904 | €52,255 | €7,447 | -€44,808 | -85.7% |
| Profit (loss) for the period to be appropriated | 9905 | €52,255 | €7,447 | -€44,808 | -85.7% |
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 23 October 2026 via checked.be.