KRIS SLABBAERT: 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 SLABBAERT
Largest movements
- Receivables within one year -€54,152
down €54,152 (-50.5%), from €107,327 to €53,175
- Cash +€13,487
up €13,487 (+4.7%), from €285,449 to €298,937
mainly Other debts (+€443,054) and Receivables within one year (+€54,152)
- Reserves -€502,589
down €502,589 (-79.0%), from €635,852 to €133,263
- Other debts +€443,054
up €443,054 (+368%), from €120,547 to €563,601
- Tax, wage and social debts +€21,370
up €21,370 (+110%), from €19,361 to €40,731
- Gross operating margin -€3,955
down €3,955 (-5.7%), from €69,696 to €65,741
- Taxes +€3,094
up €3,094 (+16.1%), from €19,213 to €22,307
- Depreciation +€1,117
up €1,117 (+19.7%), from €5,683 to €6,800
- Financial income +€795
up €795 (+125%), from €639 to €1,434
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 | €821,368 | €790,547 | -€30,821 | -3.8% |
| Fixed assets | 21/28 | €161,089 | €165,011 | +€3,922 | +2.4% |
| Tangible fixed assets | 22/27 | €33,389 | €37,311 | +€3,922 | +11.7% |
| Furniture and vehicles | 24 | €16,120 | €16,153 | +€33 | +0.2% |
| Other tangible fixed assets | 26 | €17,269 | €21,158 | +€3,889 | +22.5% |
| Financial fixed assets | 28 | €127,700 | €127,700 | = | 0.0% |
| Current assets | 29/58 | €660,279 | €625,536 | -€34,743 | -5.3% |
| Amounts receivable after more than one year | 29 | €254,632 | €260,808 | +€6,176 | +2.4% |
| Other amounts receivable | 291 | €254,632 | €260,808 | +€6,176 | +2.4% |
| Amounts receivable within one year | 40/41 | €107,327 | €53,175 | -€54,152 | -50.5% |
| Other amounts receivable | 41 | €107,327 | €53,175 | -€54,152 | -50.5% |
| Cash at bank and in hand | 54/58 | €285,449 | €298,937 | +€13,487 | +4.7% |
| Deferred charges and accrued income | 490/1 | €12,870 | €12,616 | -€254 | -2.0% |
| Total equity and liabilities | 10/49 | €821,368 | €790,547 | -€30,821 | -3.8% |
| Equity | 10/15 | €657,852 | €155,263 | -€502,589 | -76.4% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €635,852 | €133,263 | -€502,589 | -79.0% |
| Distributable reserves | 133 | €635,852 | €133,263 | -€502,589 | -79.0% |
| Profit (loss) carried forward | 14 | €3,449 | €3,449 | = | 0.0% |
| Amounts payable | 17/49 | €163,517 | €635,284 | +€471,768 | +289% |
| Amounts payable within one year | 42/48 | €163,517 | €635,284 | +€471,768 | +289% |
| Current portion of amounts payable after more than one year | 42 | €21,335 | €21,324 | -€12 | -0.1% |
| Trade debts | 44 | €2,273 | €9,629 | +€7,356 | +324% |
| Suppliers | 440/4 | €2,273 | €9,629 | +€7,356 | +324% |
| Taxes, remuneration and social security | 45 | €19,361 | €40,731 | +€21,370 | +110% |
| Taxes | 450/3 | €19,361 | €40,731 | +€21,370 | +110% |
| Other amounts payable | 47/48 | €120,547 | €563,601 | +€443,054 | +368% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,683 | €6,800 | +€1,117 | +19.7% |
| Other operating charges | 640/8 | €650 | €674 | +€24 | +3.7% |
| Gross operating margin | 9900 | €69,696 | €65,741 | -€3,955 | -5.7% |
| Operating profit (loss) | 9901 | €63,362 | €58,267 | -€5,095 | -8.0% |
| Financial income | 75/76B | €639 | €1,434 | +€795 | +125% |
| Recurring financial income | 75 | €639 | €1,434 | +€795 | +125% |
| Financial charges | 65/66B | €1,704 | €1,516 | -€187 | -11.0% |
| Recurring financial charges | 65 | €1,704 | €1,516 | -€187 | -11.0% |
| Profit (loss) for the period before taxes | 9903 | €62,297 | €58,184 | -€4,113 | -6.6% |
| Income taxes | 67/77 | €19,213 | €22,307 | +€3,094 | +16.1% |
| Profit (loss) for the period | 9904 | €43,084 | €35,878 | -€7,207 | -16.7% |
| Profit (loss) for the period to be appropriated | 9905 | €43,084 | €35,878 | -€7,207 | -16.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.