KRISTAX ESTATES: 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.
KRISTAX ESTATES
Largest movements
- Receivables within one year +€40,748
up €40,748 (+8.6%), from €475,991 to €516,739
of which Other amounts receivable: +€37,987
- Tangible fixed assets -€31,712
down €31,712 (-6.3%), from €499,710 to €467,998
- Profit (loss) carried forward -€68,099
down €68,099 (-45.1%), from -€150,877 to -€218,976
- Advances received +€64,500
up €64,500 (+9.8%), from €656,112 to €720,612
- Trade debts +€15,640
up €15,640, from €0 to €15,640
- Gross operating margin -€12,640
down €12,640 (-589%), from -€2,144 to -€14,785
- Depreciation +€6,332
up €6,332 (+16.7%), from €37,893 to €44,225
- Financial charges +€3,692
up €3,692 (+157%), from €2,353 to €6,044
- Financial income -€838
down €838 (-87.1%), from €962 to €124
- Other operating charges -€495
down €495 (-13.6%), from €3,627 to €3,132
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 | €1,001,392 | €1,005,273 | +€3,880 | +0.4% |
| Fixed assets | 21/28 | €499,710 | €467,998 | -€31,712 | -6.3% |
| Tangible fixed assets | 22/27 | €499,710 | €467,998 | -€31,712 | -6.3% |
| Land and buildings | 22 | €499,710 | €467,998 | -€31,712 | -6.3% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €501,682 | €537,275 | +€35,592 | +7.1% |
| Stocks and contracts in progress | 3 | €12,432 | €12,432 | = | 0.0% |
| Stocks | 30/36 | €12,432 | €12,432 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €475,991 | €516,739 | +€40,748 | +8.6% |
| Trade receivables | 40 | €2,160 | €4,921 | +€2,761 | +128% |
| Other amounts receivable | 41 | €473,831 | €511,818 | +€37,987 | +8.0% |
| Cash at bank and in hand | 54/58 | €12,632 | €8,104 | -€4,527 | -35.8% |
| Deferred charges and accrued income | 490/1 | €628 | €0 | -€628 | -100% |
| Total equity and liabilities | 10/49 | €1,001,392 | €1,005,273 | +€3,880 | +0.4% |
| Equity | 10/15 | -€101,607 | -€169,706 | -€68,099 | -67.0% |
| Contributions | 10/11 | €17,395 | €17,395 | = | 0.0% |
| Reserves | 13 | €31,875 | €31,875 | = | 0.0% |
| Tax-exempt reserves | 132 | €24,616 | €24,616 | = | 0.0% |
| Distributable reserves | 133 | €7,259 | €7,259 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€150,877 | -€218,976 | -€68,099 | -45.1% |
| Amounts payable | 17/49 | €1,102,999 | €1,174,979 | +€71,980 | +6.5% |
| Amounts payable after more than one year | 17 | €348,207 | €339,729 | -€8,478 | -2.4% |
| Financial debts | 170/4 | €348,207 | €339,729 | -€8,478 | -2.4% |
| Amounts payable within one year | 42/48 | €754,792 | €835,250 | +€80,458 | +10.7% |
| Current portion of amounts payable after more than one year | 42 | €8,161 | €8,478 | +€317 | +3.9% |
| Trade debts | 44 | €0 | €15,640 | +€15,640 | |
| Suppliers | 440/4 | €0 | €15,640 | +€15,640 | |
| Advances received on contracts in progress | 46 | €656,112 | €720,612 | +€64,500 | +9.8% |
| Other amounts payable | 47/48 | €90,520 | €90,520 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,893 | €44,225 | +€6,332 | +16.7% |
| Other operating charges | 640/8 | €3,627 | €3,132 | -€495 | -13.6% |
| Gross operating margin | 9900 | -€2,144 | -€14,785 | -€12,640 | -589% |
| Operating profit (loss) | 9901 | -€43,664 | -€62,142 | -€18,478 | -42.3% |
| Financial income | 75/76B | €962 | €124 | -€838 | -87.1% |
| Recurring financial income | 75 | €962 | €124 | -€838 | -87.1% |
| Financial charges | 65/66B | €2,353 | €6,044 | +€3,692 | +157% |
| Recurring financial charges | 65 | €2,353 | €6,044 | +€3,692 | +157% |
| Profit (loss) for the period before taxes | 9903 | -€45,055 | -€68,062 | -€23,007 | -51.1% |
| Income taxes | 67/77 | €175 | €37 | -€137 | -78.6% |
| Profit (loss) for the period | 9904 | -€45,230 | -€68,099 | -€22,870 | -50.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€45,230 | -€68,099 | -€22,870 | -50.6% |
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 21 October 2026 via checked.be.