KRIS STROEF: 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 STROEF
Largest movements
- Receivables within one year +€41,576
up €41,576 (+58.4%), from €71,181 to €112,757
of which Trade receivables: +€37,096
- Cash +€31,239
up €31,239 (+20.0%), from €155,989 to €187,228
mainly Net result for the year (+€71,535) and Stocks and contracts (+€11,224)
- Deferred charges and accrued income +€29,958
new in 2025: €29,958
- Stocks and contracts -€11,224
down €11,224 (-64.9%), from €17,286 to €6,062
- Tangible fixed assets -€8,921
down €8,921 (-25.5%), from €34,973 to €26,053
of which Furniture and vehicles: -€8,678
- Reserves +€68,035
up €68,035 (+20.7%), from €328,137 to €396,172
of which Distributable reserves: +€68,035
- Tax, wage and social debts +€7,334
up €7,334 (+362%), from €2,028 to €9,361
of which Taxes: +€7,334
- Gross operating margin +€20,654
up €20,654 (+24.1%), from €85,536 to €106,191
- Taxes +€6,144
up €6,144 (+28.1%), from €21,831 to €27,975
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 | €357,439 | €433,639 | +€76,200 | +21.3% |
| Fixed assets | 21/28 | €34,973 | €26,053 | -€8,921 | -25.5% |
| Tangible fixed assets | 22/27 | €34,973 | €26,053 | -€8,921 | -25.5% |
| Plant, machinery and equipment | 23 | €500 | €258 | -€243 | -48.5% |
| Furniture and vehicles | 24 | €34,473 | €25,795 | -€8,678 | -25.2% |
| Current assets | 29/58 | €322,466 | €407,586 | +€85,121 | +26.4% |
| Amounts receivable after more than one year | 29 | €78,009 | €71,581 | -€6,428 | -8.2% |
| Trade receivables | 290 | €78,009 | €71,581 | -€6,428 | -8.2% |
| Stocks and contracts in progress | 3 | €17,286 | €6,062 | -€11,224 | -64.9% |
| Stocks | 30/36 | €17,286 | €6,062 | -€11,224 | -64.9% |
| Amounts receivable within one year | 40/41 | €71,181 | €112,757 | +€41,576 | +58.4% |
| Trade receivables | 40 | €40,715 | €77,811 | +€37,096 | +91.1% |
| Other amounts receivable | 41 | €30,466 | €34,946 | +€4,479 | +14.7% |
| Cash at bank and in hand | 54/58 | €155,989 | €187,228 | +€31,239 | +20.0% |
| Deferred charges and accrued income | 490/1 | - | €29,958 | +€29,958 | |
| Total equity and liabilities | 10/49 | €357,439 | €433,639 | +€76,200 | +21.3% |
| Equity | 10/15 | €340,637 | €408,672 | +€68,035 | +20.0% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Reserves | 13 | €328,137 | €396,172 | +€68,035 | +20.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €326,277 | €394,312 | +€68,035 | +20.9% |
| Amounts payable | 17/49 | €16,802 | €24,967 | +€8,165 | +48.6% |
| Amounts payable within one year | 42/48 | €16,802 | €24,967 | +€8,165 | +48.6% |
| Trade debts | 44 | €14,775 | €15,606 | +€831 | +5.6% |
| Suppliers | 440/4 | €14,775 | €15,606 | +€831 | +5.6% |
| Taxes, remuneration and social security | 45 | €2,028 | €9,361 | +€7,334 | +362% |
| Taxes | 450/3 | €678 | €8,011 | +€7,334 | +1,082% |
| Remuneration and social security | 454/9 | €1,350 | €1,350 | = | 0.0% |
| Non-recurring operating income | 76A | €1,810 | - | -€1,810 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,921 | €8,921 | = | 0.0% |
| Other operating charges | 640/8 | €919 | €991 | +€72 | +7.8% |
| Gross operating margin | 9900 | €85,536 | €106,191 | +€20,654 | +24.1% |
| Operating profit (loss) | 9901 | €75,697 | €96,279 | +€20,582 | +27.2% |
| Financial income | 75/76B | €3,437 | €3,420 | -€17 | -0.5% |
| Recurring financial income | 75 | €3,437 | €3,420 | -€17 | -0.5% |
| Financial charges | 65/66B | €441 | €190 | -€251 | -57.0% |
| Recurring financial charges | 65 | €441 | €190 | -€251 | -57.0% |
| Profit (loss) for the period before taxes | 9903 | €78,693 | €99,509 | +€20,817 | +26.5% |
| Income taxes | 67/77 | €21,831 | €27,975 | +€6,144 | +28.1% |
| Profit (loss) for the period | 9904 | €56,862 | €71,535 | +€14,673 | +25.8% |
| Profit (loss) for the period to be appropriated | 9905 | €56,862 | €71,535 | +€14,673 | +25.8% |
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 28 October 2026 via checked.be.