KRISMAR STABLES: 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.
KRISMAR STABLES
Largest movements
- Cash +€319,682
up €319,682 (+215%), from €148,513 to €468,195
mainly Other debts (+€521,012) and Stocks and contracts (+€273,324)
- Tangible fixed assets +€308,091
up €308,091 (+31.4%), from €980,147 to €1.3m
of which Land and buildings: +€311,956
- Stocks and contracts -€273,324
down €273,324 (-9.3%), from €2.9m to €2.7m
- Receivables within one year +€233,498
up €233,498 (+175%), from €133,092 to €366,590
of which Other amounts receivable: +€163,372
- Other debts +€521,012
up €521,012 (+28.7%), from €1.8m to €2.3m
- Profit (loss) carried forward +€158,468
up €158,468 (+41.7%), from -€380,401 to -€221,933
- Advances received -€63,424
down €63,424 (-100%), from €63,424 to €0
- Gross operating margin +€506,635
up €506,635, from -€99,775 to €406,861
- Staff costs +€28,471
up €28,471 (+22.6%), from €126,156 to €154,627
- Financial charges +€17,377
up €17,377 (+65.9%), from €26,377 to €43,754
- Depreciation +€6,069
up €6,069 (+15.8%), from €38,353 to €44,422
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 | €4,233,986 | €4,816,935 | +€582,950 | +13.8% |
| Fixed assets | 21/28 | €994,947 | €1,303,038 | +€308,091 | +31.0% |
| Tangible fixed assets | 22/27 | €980,147 | €1,288,238 | +€308,091 | +31.4% |
| Land and buildings | 22 | €958,851 | €1,270,806 | +€311,956 | +32.5% |
| Plant, machinery and equipment | 23 | €21,297 | €17,432 | -€3,865 | -18.1% |
| Financial fixed assets | 28 | €14,800 | €14,800 | = | 0.0% |
| Current assets | 29/58 | €3,239,039 | €3,513,897 | +€274,858 | +8.5% |
| Stocks and contracts in progress | 3 | €2,932,324 | €2,659,000 | -€273,324 | -9.3% |
| Stocks | 30/36 | €2,932,324 | €2,659,000 | -€273,324 | -9.3% |
| Amounts receivable within one year | 40/41 | €133,092 | €366,590 | +€233,498 | +175% |
| Trade receivables | 40 | €106,182 | €176,309 | +€70,127 | +66.0% |
| Other amounts receivable | 41 | €26,910 | €190,282 | +€163,372 | +607% |
| Cash at bank and in hand | 54/58 | €148,513 | €468,195 | +€319,682 | +215% |
| Deferred charges and accrued income | 490/1 | €25,109 | €20,111 | -€4,998 | -19.9% |
| Total equity and liabilities | 10/49 | €4,233,986 | €4,816,935 | +€582,950 | +13.8% |
| Equity | 10/15 | €120,344 | €278,812 | +€158,468 | +132% |
| Contributions | 10/11 | €500,745 | €500,745 | = | 0.0% |
| Capital | 10 | €500,745 | €500,745 | = | 0.0% |
| Issued capital | 100 | €500,745 | €500,745 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€380,401 | -€221,933 | +€158,468 | +41.7% |
| Amounts payable | 17/49 | €4,113,641 | €4,538,123 | +€424,482 | +10.3% |
| Amounts payable after more than one year | 17 | €2,000,000 | €2,000,000 | = | 0.0% |
| Financial debts | 170/4 | €2,000,000 | €2,000,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €2,111,106 | €2,535,453 | +€424,347 | +20.1% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €223,146 | €186,024 | -€37,123 | -16.6% |
| Suppliers | 440/4 | €223,146 | €186,024 | -€37,123 | -16.6% |
| Advances received on contracts in progress | 46 | €63,424 | €0 | -€63,424 | -100% |
| Taxes, remuneration and social security | 45 | €10,125 | €14,006 | +€3,882 | +38.3% |
| Taxes | 450/3 | €747 | €2,280 | +€1,532 | +205% |
| Remuneration and social security | 454/9 | €9,378 | €11,727 | +€2,349 | +25.0% |
| Other amounts payable | 47/48 | €1,814,412 | €2,335,423 | +€521,012 | +28.7% |
| Accrued charges and deferred income | 492/3 | €2,535 | €2,670 | +€135 | +5.3% |
| Remuneration, social security and pensions | 62 | €126,156 | €154,627 | +€28,471 | +22.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,353 | €44,422 | +€6,069 | +15.8% |
| Other operating charges | 640/8 | €7,772 | €6,397 | -€1,375 | -17.7% |
| Gross operating margin | 9900 | -€99,775 | €406,861 | +€506,635 | |
| Operating profit (loss) | 9901 | -€272,055 | €201,415 | +€473,470 | |
| Financial income | 75/76B | €322 | €807 | +€485 | +150% |
| Recurring financial income | 75 | €322 | €807 | +€485 | +150% |
| Financial charges | 65/66B | €26,377 | €43,754 | +€17,377 | +65.9% |
| Recurring financial charges | 65 | €26,377 | €43,754 | +€17,377 | +65.9% |
| Profit (loss) for the period before taxes | 9903 | -€298,110 | €158,468 | +€456,578 | |
| Profit (loss) for the period | 9904 | -€298,110 | €158,468 | +€456,578 | |
| Profit (loss) for the period to be appropriated | 9905 | -€298,110 | €158,468 | +€456,578 |
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 27 October 2026 via checked.be.