Kris with a 'K': 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 with a 'K'
Largest movements
- Receivables within one year -€55,632
down €55,632 (-60.1%), from €92,547 to €36,914
of which Trade receivables: -€46,334
- Tangible fixed assets -€28,748
down €28,748 (-14.3%), from €200,920 to €172,172
of which Furniture and vehicles: -€37,994
- Deferred charges and accrued income +€26,939
up €26,939 (+2,576%), from €1,046 to €27,985
- Receivables after one year +€12,000
up €12,000 (+19.2%), from €62,500 to €74,500
- Cash +€5,591
up €5,591 (+74.6%), from €7,494 to €13,085
mainly Receivables within one year (+€55,632) and Trade debts (+€45,198)
- Debts after one year -€94,444
down €94,444 (-59.3%), from €159,322 to €64,877
of which Financial debts: -€94,444
- Trade debts +€45,198
up €45,198 (+235%), from €19,262 to €64,460
- Current portion of long-term debt +€41,679
up €41,679 (+80.2%), from €51,977 to €93,657
- Reserves -€39,986
down €39,986 (-25.7%), from €155,586 to €115,601
- Tax, wage and social debts +€11,738
up €11,738 (+53.3%), from €22,035 to €33,772
- Gross operating margin -€47,853
down €47,853 (-43.3%), from €110,424 to €62,571
- Taxes -€16,568
down €16,568 (-60.7%), from €27,300 to €10,732
- Financial income -€2,802
down €2,802 (-54.2%), from €5,168 to €2,366
- Financial charges +€2,508
up €2,508 (+37.0%), from €6,779 to €9,286
- Other operating charges -€2,033
down €2,033 (-61.1%), from €3,328 to €1,295
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 | €419,256 | €379,406 | -€39,851 | -9.5% |
| Fixed assets | 21/28 | €255,670 | €226,922 | -€28,748 | -11.2% |
| Tangible fixed assets | 22/27 | €200,920 | €172,172 | -€28,748 | -14.3% |
| Land and buildings | 22 | €933 | €622 | -€311 | -33.3% |
| Furniture and vehicles | 24 | €45,576 | €7,582 | -€37,994 | -83.4% |
| Other tangible fixed assets | 26 | €154,411 | €163,968 | +€9,557 | +6.2% |
| Financial fixed assets | 28 | €54,750 | €54,750 | = | 0.0% |
| Current assets | 29/58 | €163,586 | €152,484 | -€11,103 | -6.8% |
| Amounts receivable after more than one year | 29 | €62,500 | €74,500 | +€12,000 | +19.2% |
| Other amounts receivable | 291 | €62,500 | €74,500 | +€12,000 | +19.2% |
| Amounts receivable within one year | 40/41 | €92,547 | €36,914 | -€55,632 | -60.1% |
| Trade receivables | 40 | €60,854 | €14,520 | -€46,334 | -76.1% |
| Other amounts receivable | 41 | €31,693 | €22,394 | -€9,298 | -29.3% |
| Cash at bank and in hand | 54/58 | €7,494 | €13,085 | +€5,591 | +74.6% |
| Deferred charges and accrued income | 490/1 | €1,046 | €27,985 | +€26,939 | +2,576% |
| Total equity and liabilities | 10/49 | €419,256 | €379,406 | -€39,851 | -9.5% |
| Equity | 10/15 | €161,792 | €121,807 | -€39,985 | -24.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €155,586 | €115,601 | -€39,986 | -25.7% |
| Distributable reserves | 133 | €155,586 | €115,601 | -€39,986 | -25.7% |
| Profit (loss) carried forward | 14 | €5 | €6 | +€1 | +14.7% |
| Amounts payable | 17/49 | €257,465 | €257,599 | +€134 | +0.1% |
| Amounts payable after more than one year | 17 | €159,322 | €64,877 | -€94,444 | -59.3% |
| Financial debts | 170/4 | €159,322 | €64,877 | -€94,444 | -59.3% |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €94,107 | €192,721 | +€98,615 | +105% |
| Current portion of amounts payable after more than one year | 42 | €51,977 | €93,657 | +€41,679 | +80.2% |
| Trade debts | 44 | €19,262 | €64,460 | +€45,198 | +235% |
| Suppliers | 440/4 | €19,262 | €64,460 | +€45,198 | +235% |
| Taxes, remuneration and social security | 45 | €22,035 | €33,772 | +€11,738 | +53.3% |
| Taxes | 450/3 | €22,035 | €33,772 | +€11,738 | +53.3% |
| Other amounts payable | 47/48 | €833 | €833 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €4,036 | €0 | -€4,036 | -100% |
| Non-recurring operating income | 76A | €14,856 | €4,090 | -€10,767 | -72.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,700 | €10,112 | -€588 | -5.5% |
| Other operating charges | 640/8 | €3,328 | €1,295 | -€2,033 | -61.1% |
| Non-recurring operating charges | 66A | €5,480 | €22,440 | +€16,960 | +309% |
| Gross operating margin | 9900 | €110,424 | €62,571 | -€47,853 | -43.3% |
| Operating profit (loss) | 9901 | €90,916 | €28,724 | -€62,192 | -68.4% |
| Financial income | 75/76B | €5,168 | €2,366 | -€2,802 | -54.2% |
| Recurring financial income | 75 | €5,168 | €2,366 | -€2,802 | -54.2% |
| Financial charges | 65/66B | €6,779 | €9,286 | +€2,508 | +37.0% |
| Recurring financial charges | 65 | €6,779 | €9,286 | +€2,508 | +37.0% |
| Profit (loss) for the period before taxes | 9903 | €89,305 | €21,803 | -€67,502 | -75.6% |
| Income taxes | 67/77 | €27,300 | €10,732 | -€16,568 | -60.7% |
| Profit (loss) for the period | 9904 | €62,005 | €11,071 | -€50,935 | -82.1% |
| Profit (loss) for the period to be appropriated | 9905 | €62,005 | €11,071 | -€50,935 | -82.1% |
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 24 October 2026 via checked.be.