KRISHNA BLANKENBERGE: 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.
KRISHNA BLANKENBERGE
Largest movements
- Cash +€57,840
up €57,840 (+1,122%), from €5,154 to €62,994
mainly Receivables within one year (+€53,599) and Depreciation (+€49,162)
- Receivables within one year -€53,599
down €53,599 (-55.2%), from €97,129 to €43,530
of which Trade receivables: -€34,225
- Tangible fixed assets -€38,087
down €38,087 (-12.8%), from €298,644 to €260,557
- Trade debts -€39,595
down €39,595 (-70.6%), from €56,113 to €16,517
- Tax, wage and social debts -€20,551
down €20,551 (-51.4%), from €39,983 to €19,432
of which Taxes: -€20,551
- Other debts +€16,585
up €16,585 (+9.2%), from €180,423 to €197,008
- Profit (loss) carried forward +€12,226
up €12,226 (+10.2%), from €120,091 to €132,317
- Gross operating margin -€113,703
down €113,703 (-62.1%), from €183,139 to €69,436
- Taxes -€30,614
no longer reported in 2024 (was €30,614)
- Depreciation +€25,082
up €25,082 (+104%), from €24,081 to €49,162
- Other operating charges -€14,397
down €14,397 (-67.7%), from €21,276 to €6,880
- Financial charges -€2,220
down €2,220 (-65.5%), from €3,388 to €1,168
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €436,854 | €402,581 | -€34,273 | -7.8% |
| Fixed assets | 21/28 | €334,572 | €296,057 | -€38,515 | -11.5% |
| Intangible fixed assets | 21 | €428 | €0 | -€428 | -100.0% |
| Tangible fixed assets | 22/27 | €298,644 | €260,557 | -€38,087 | -12.8% |
| Land and buildings | 22 | €124,042 | €107,829 | -€16,214 | -13.1% |
| Plant, machinery and equipment | 23 | €20,504 | €16,955 | -€3,549 | -17.3% |
| Furniture and vehicles | 24 | €154,098 | €135,774 | -€18,324 | -11.9% |
| Financial fixed assets | 28 | €35,500 | €35,500 | = | 0.0% |
| Current assets | 29/58 | €102,282 | €106,524 | +€4,242 | +4.1% |
| Amounts receivable within one year | 40/41 | €97,129 | €43,530 | -€53,599 | -55.2% |
| Trade receivables | 40 | €77,335 | €43,109 | -€34,225 | -44.3% |
| Other amounts receivable | 41 | €19,794 | €421 | -€19,373 | -97.9% |
| Cash at bank and in hand | 54/58 | €5,154 | €62,994 | +€57,840 | +1,122% |
| Total equity and liabilities | 10/49 | €436,854 | €402,581 | -€34,273 | -7.8% |
| Equity | 10/15 | €140,551 | €152,777 | +€12,226 | +8.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €120,091 | €132,317 | +€12,226 | +10.2% |
| Amounts payable | 17/49 | €296,303 | €249,805 | -€46,499 | -15.7% |
| Amounts payable after more than one year | 17 | €16,848 | €16,848 | = | 0.0% |
| Financial debts | 170/4 | €16,848 | €16,848 | = | 0.0% |
| Amounts payable within one year | 42/48 | €279,456 | €232,957 | -€46,499 | -16.6% |
| Current portion of amounts payable after more than one year | 42 | €2,937 | - | -€2,937 | |
| Trade debts | 44 | €56,113 | €16,517 | -€39,595 | -70.6% |
| Suppliers | 440/4 | €56,113 | €16,517 | -€39,595 | -70.6% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €39,983 | €19,432 | -€20,551 | -51.4% |
| Taxes | 450/3 | €39,983 | €19,432 | -€20,551 | -51.4% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €180,423 | €197,008 | +€16,585 | +9.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,081 | €49,162 | +€25,082 | +104% |
| Other operating charges | 640/8 | €21,276 | €6,880 | -€14,397 | -67.7% |
| Gross operating margin | 9900 | €183,139 | €69,436 | -€113,703 | -62.1% |
| Operating profit (loss) | 9901 | €137,782 | €13,394 | -€124,388 | -90.3% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €3,388 | €1,168 | -€2,220 | -65.5% |
| Recurring financial charges | 65 | €3,388 | €1,168 | -€2,220 | -65.5% |
| Profit (loss) for the period before taxes | 9903 | €134,395 | €12,226 | -€122,169 | -90.9% |
| Income taxes | 67/77 | €30,614 | - | -€30,614 | |
| Profit (loss) for the period | 9904 | €103,781 | €12,226 | -€91,555 | -88.2% |
| Profit (loss) for the period to be appropriated | 9905 | €103,781 | €12,226 | -€91,555 | -88.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.