KRISEMAT: what changed
Two fiscal 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.
KRISEMAT
Largest movements
- Receivables within one year -€5,862
down €5,862 (-78.7%), from €7,449 to €1,586
of which Trade receivables: -€5,094
- Debts after one year -€7,546
down €7,546 (-10.7%), from €70,345 to €62,799
- Reserves +€7,273
up €7,273 (+3.8%), from €189,481 to €196,754
of which Distributable reserves: +€7,273
- Tax, wage and social debts -€7,106
down €7,106 (-53.5%), from €13,277 to €6,171
- Other debts -€4,644
down €4,644 (-29.9%), from €15,542 to €10,898
- Gross operating margin +€8,451
up €8,451 (+87.2%), from €9,687 to €18,137
- Financial income -€1,796
down €1,796 (-95.6%), from €1,879 to €83
of which Non-recurring financial income: -€1,818
- Financial charges +€1,439
up €1,439 (+46.6%), from €3,089 to €4,528
- Depreciation -€1,230
down €1,230 (-63.7%), from €1,932 to €702
- Taxes +€1,136
up €1,136 (+75.9%), from €1,496 to €2,632
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.
Cash bridge derived
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 | €459,912 | €451,058 | -€8,854 | -1.9% |
| Fixed assets | 21/28 | €430,946 | €429,363 | -€1,583 | -0.4% |
| Tangible fixed assets | 22/27 | €430,946 | €429,363 | -€1,583 | -0.4% |
| Land and buildings | 22 | €429,203 | €429,203 | = | 0.0% |
| Plant, machinery and equipment | 23 | €862 | €160 | -€702 | -81.4% |
| Furniture and vehicles | 24 | €881 | - | -€881 | |
| Current assets | 29/58 | €28,966 | €21,696 | -€7,270 | -25.1% |
| Stocks and contracts in progress | 3 | €1,882 | €1,506 | -€376 | -20.0% |
| Stocks | 30/36 | €1,882 | €1,506 | -€376 | -20.0% |
| Amounts receivable within one year | 40/41 | €7,449 | €1,586 | -€5,862 | -78.7% |
| Trade receivables | 40 | €6,681 | €1,586 | -€5,094 | -76.3% |
| Other amounts receivable | 41 | €768 | - | -€768 | |
| Cash at bank and in hand | 54/58 | €18,408 | €18,270 | -€139 | -0.8% |
| Deferred charges and accrued income | 490/1 | €1,227 | €334 | -€893 | -72.8% |
| Total equity and liabilities | 10/49 | €459,912 | €451,058 | -€8,854 | -1.9% |
| Equity | 10/15 | €352,815 | €360,167 | +€7,352 | +2.1% |
| Contributions | 10/11 | €163,140 | €163,140 | = | 0.0% |
| Reserves | 13 | €189,481 | €196,754 | +€7,273 | +3.8% |
| Non-distributable reserves | 130/1 | €16,314 | €16,314 | = | 0.0% |
| Reserves not available under the articles | 1311 | €16,314 | €16,314 | = | 0.0% |
| Distributable reserves | 133 | €173,167 | €180,440 | +€7,273 | +4.2% |
| Profit (loss) carried forward | 14 | €194 | €273 | +€79 | +40.9% |
| Amounts payable | 17/49 | €107,097 | €90,892 | -€16,206 | -15.1% |
| Amounts payable after more than one year | 17 | €70,345 | €62,799 | -€7,546 | -10.7% |
| Financial debts | 170/4 | €70,345 | €62,799 | -€7,546 | -10.7% |
| Amounts payable within one year | 42/48 | €36,752 | €25,229 | -€11,523 | -31.4% |
| Current portion of amounts payable after more than one year | 42 | €7,209 | €8,159 | +€951 | +13.2% |
| Trade debts | 44 | €725 | - | -€725 | |
| Suppliers | 440/4 | €725 | - | -€725 | |
| Taxes, remuneration and social security | 45 | €13,277 | €6,171 | -€7,106 | -53.5% |
| Taxes | 450/3 | €13,277 | €6,171 | -€7,106 | -53.5% |
| Other amounts payable | 47/48 | €15,542 | €10,898 | -€4,644 | -29.9% |
| Accrued charges and deferred income | 492/3 | - | €2,863 | +€2,863 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,932 | €702 | -€1,230 | -63.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €376 | +€376 | |
| Other operating charges | 640/8 | €2,594 | €2,630 | +€36 | +1.4% |
| Gross operating margin | 9900 | €9,687 | €18,137 | +€8,451 | +87.2% |
| Operating profit (loss) | 9901 | €5,161 | €14,429 | +€9,268 | +179.6% |
| Financial income | 75/76B | €1,879 | €83 | -€1,796 | -95.6% |
| Recurring financial income | 75 | €61 | €83 | +€21 | +35.0% |
| Non-recurring financial income | 76B | €1,818 | - | -€1,818 | |
| Financial charges | 65/66B | €3,089 | €4,528 | +€1,439 | +46.6% |
| Recurring financial charges | 65 | €3,089 | €4,528 | +€1,439 | +46.6% |
| Profit (loss) for the period before taxes | 9903 | €3,951 | €9,984 | +€6,033 | +152.7% |
| Income taxes | 67/77 | €1,496 | €2,632 | +€1,136 | +75.9% |
| Profit (loss) for the period | 9904 | €2,455 | €7,352 | +€4,897 | +199.5% |
| Profit (loss) for the period to be appropriated | 9905 | €2,455 | €7,352 | +€4,897 | +199.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.