KRISTEX: 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.
KRISTEX
Largest movements
- Stocks and contracts -€31,575
down €31,575 (-9.6%), from €328,828 to €297,253
- Cash -€20,055
down €20,055 (-9.0%), from €222,379 to €202,324
mainly Short-term financial debts (-€40,000) and Debts after one year (-€19,881)
- Tangible fixed assets +€13,242
up €13,242 (+47.4%), from €27,939 to €41,180
- Intangible fixed assets -€11,000
down €11,000 (-25.0%), from €44,000 to €33,000
- Short-term financial debts -€40,000
no longer reported in 2025 (was €40,000)
- Debts after one year -€19,881
down €19,881 (-3.9%), from €507,962 to €488,081
- Gross operating margin -€23,447
down €23,447 (-20.5%), from €114,213 to €90,766
- Financial income +€20,193
up €20,193 (+54.5%), from €37,042 to €57,235
- Financial charges -€5,888
down €5,888 (-17.9%), from €32,889 to €27,001
- Staff costs +€3,980
up €3,980 (+4.4%), from €90,346 to €94,326
- Taxes +€3,558
up €3,558 (+375%), from €948 to €4,505
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 | €653,270 | €605,583 | -€47,687 | -7.3% |
| Fixed assets | 21/28 | €71,939 | €74,180 | +€2,242 | +3.1% |
| Intangible fixed assets | 21 | €44,000 | €33,000 | -€11,000 | -25.0% |
| Tangible fixed assets | 22/27 | €27,939 | €41,180 | +€13,242 | +47.4% |
| Plant, machinery and equipment | 23 | €27,939 | €41,180 | +€13,242 | +47.4% |
| Current assets | 29/58 | €581,331 | €531,402 | -€49,929 | -8.6% |
| Stocks and contracts in progress | 3 | €328,828 | €297,253 | -€31,575 | -9.6% |
| Stocks | 30/36 | €328,828 | €297,253 | -€31,575 | -9.6% |
| Amounts receivable within one year | 40/41 | €23,693 | €24,522 | +€830 | +3.5% |
| Trade receivables | 40 | €23,693 | €24,028 | +€335 | +1.4% |
| Other amounts receivable | 41 | - | €495 | +€495 | |
| Cash at bank and in hand | 54/58 | €222,379 | €202,324 | -€20,055 | -9.0% |
| Deferred charges and accrued income | 490/1 | €6,432 | €7,303 | +€871 | +13.5% |
| Total equity and liabilities | 10/49 | €653,270 | €605,583 | -€47,687 | -7.3% |
| Equity | 10/15 | €32,127 | €36,699 | +€4,572 | +14.2% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€29,373 | -€24,801 | +€4,572 | +15.6% |
| Amounts payable | 17/49 | €621,143 | €568,884 | -€52,259 | -8.4% |
| Amounts payable after more than one year | 17 | €507,962 | €488,081 | -€19,881 | -3.9% |
| Financial debts | 170/4 | €507,962 | €488,081 | -€19,881 | -3.9% |
| Amounts payable within one year | 42/48 | €113,136 | €79,802 | -€33,333 | -29.5% |
| Financial debts | 43 | €40,000 | - | -€40,000 | |
| Credit institutions | 430/8 | €40,000 | - | -€40,000 | |
| Trade debts | 44 | €5,645 | €11,208 | +€5,563 | +98.6% |
| Suppliers | 440/4 | €5,645 | €11,208 | +€5,563 | +98.6% |
| Taxes, remuneration and social security | 45 | €51,745 | €48,177 | -€3,568 | -6.9% |
| Taxes | 450/3 | €42,447 | €37,049 | -€5,397 | -12.7% |
| Remuneration and social security | 454/9 | €9,298 | €11,128 | +€1,829 | +19.7% |
| Other amounts payable | 47/48 | €15,746 | €20,417 | +€4,671 | +29.7% |
| Accrued charges and deferred income | 492/3 | €45 | €1,000 | +€955 | +2,117% |
| Non-recurring operating income | 76A | €7,400 | - | -€7,400 | |
| Remuneration, social security and pensions | 62 | €90,346 | €94,326 | +€3,980 | +4.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,479 | €15,363 | +€884 | +6.1% |
| Other operating charges | 640/8 | €1,920 | €2,234 | +€313 | +16.3% |
| Gross operating margin | 9900 | €114,213 | €90,766 | -€23,447 | -20.5% |
| Operating profit (loss) | 9901 | €7,468 | -€21,156 | -€28,624 | |
| Financial income | 75/76B | €37,042 | €57,235 | +€20,193 | +54.5% |
| Recurring financial income | 75 | €37,042 | €57,235 | +€20,193 | +54.5% |
| Financial charges | 65/66B | €32,889 | €27,001 | -€5,888 | -17.9% |
| Recurring financial charges | 65 | €32,889 | €27,001 | -€5,888 | -17.9% |
| Profit (loss) for the period before taxes | 9903 | €11,621 | €9,077 | -€2,544 | -21.9% |
| Income taxes | 67/77 | €948 | €4,505 | +€3,558 | +375% |
| Profit (loss) for the period | 9904 | €10,673 | €4,572 | -€6,101 | -57.2% |
| Profit (loss) for the period to be appropriated | 9905 | €10,673 | €4,572 | -€6,101 | -57.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.