KRISTIMO: 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.
KRISTIMO
Largest movements
- Tangible fixed assets -€121,584
down €121,584 (-66.9%), from €181,606 to €60,022
of which Land and buildings: -€106,206
- Cash +€66,365
up €66,365 (+210.8%), from €31,476 to €97,841
mainly Investment in fixed assets (net) (+€102,604) and Net result for the year (+€49,125)
- Receivables within one year +€24,122
up €24,122 (+4.3%), from €556,823 to €580,944
of which Other amounts receivable: +€12,569
- Debts after one year -€103,415
down €103,415 (-44.3%), from €233,308 to €129,892
- Reserves +€49,125
up €49,125 (+23.5%), from €209,402 to €258,527
of which Distributable reserves: +€49,125
- Other debts +€31,012
up €31,012 (+6.8%), from €458,043 to €489,055
- Current portion of long-term debt -€16,573
down €16,573 (-48.5%), from €34,183 to €17,610
- Accrued charges and deferred income +€11,755
up €11,755 (+169.5%), from €6,936 to €18,690
- Gross operating margin +€166,372
up €166,372 (+357.2%), from €46,583 to €212,955
- Other operating charges +€102,167
up €102,167 (+1762.4%), from €5,797 to €107,964
- Taxes +€23,788
up €23,788 (+641.3%), from €3,709 to €27,497
- Depreciation -€20,296
down €20,296 (-51.7%), from €39,276 to €18,980
- Financial charges +€12,720
up €12,720 (+128.7%), from €9,884 to €22,605
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 | €1,026,276 | €995,373 | -€30,903 | -3.0% |
| Fixed assets | 21/28 | €423,856 | €302,272 | -€121,584 | -28.7% |
| Tangible fixed assets | 22/27 | €181,606 | €60,022 | -€121,584 | -66.9% |
| Land and buildings | 22 | €132,132 | €25,926 | -€106,206 | -80.4% |
| Plant, machinery and equipment | 23 | €1,215 | €967 | -€247 | -20.4% |
| Other tangible fixed assets | 26 | €48,259 | €33,129 | -€15,130 | -31.4% |
| Financial fixed assets | 28 | €242,250 | €242,250 | = | 0.0% |
| Current assets | 29/58 | €602,419 | €693,100 | +€90,681 | +15.1% |
| Amounts receivable within one year | 40/41 | €556,823 | €580,944 | +€24,122 | +4.3% |
| Trade receivables | 40 | €64,520 | €76,073 | +€11,553 | +17.9% |
| Other amounts receivable | 41 | €492,303 | €504,871 | +€12,569 | +2.6% |
| Cash at bank and in hand | 54/58 | €31,476 | €97,841 | +€66,365 | +210.8% |
| Deferred charges and accrued income | 490/1 | €14,120 | €14,315 | +€194 | +1.4% |
| Total equity and liabilities | 10/49 | €1,026,276 | €995,373 | -€30,903 | -3.0% |
| Equity | 10/15 | €278,813 | €327,938 | +€49,125 | +17.6% |
| Contributions | 10/11 | €69,410 | €69,410 | = | 0.0% |
| Capital | 10 | €69,410 | €69,410 | = | 0.0% |
| Issued capital | 100 | €69,410 | €69,410 | = | 0.0% |
| Reserves | 13 | €209,402 | €258,527 | +€49,125 | +23.5% |
| Non-distributable reserves | 130/1 | €6,941 | €6,941 | = | 0.0% |
| Legal reserve | 130 | €6,941 | €6,941 | = | 0.0% |
| Distributable reserves | 133 | €202,461 | €251,586 | +€49,125 | +24.3% |
| Amounts payable | 17/49 | €747,463 | €667,435 | -€80,028 | -10.7% |
| Amounts payable after more than one year | 17 | €233,308 | €129,892 | -€103,415 | -44.3% |
| Financial debts | 170/4 | €233,308 | €129,892 | -€103,415 | -44.3% |
| Amounts payable within one year | 42/48 | €507,220 | €518,853 | +€11,633 | +2.3% |
| Current portion of amounts payable after more than one year | 42 | €34,183 | €17,610 | -€16,573 | -48.5% |
| Financial debts | 43 | €20 | €0 | -€20 | -100.0% |
| Credit institutions | 430/8 | €20 | €0 | -€20 | -100.0% |
| Trade debts | 44 | €2,461 | €1,734 | -€726 | -29.5% |
| Suppliers | 440/4 | €2,461 | €1,734 | -€726 | -29.5% |
| Taxes, remuneration and social security | 45 | €12,513 | €10,454 | -€2,059 | -16.5% |
| Taxes | 450/3 | €11,653 | €10,454 | -€1,199 | -10.3% |
| Remuneration and social security | 454/9 | €860 | €0 | -€860 | -100.0% |
| Other amounts payable | 47/48 | €458,043 | €489,055 | +€31,012 | +6.8% |
| Accrued charges and deferred income | 492/3 | €6,936 | €18,690 | +€11,755 | +169.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,276 | €18,980 | -€20,296 | -51.7% |
| Other operating charges | 640/8 | €5,797 | €107,964 | +€102,167 | +1762.4% |
| Gross operating margin | 9900 | €46,583 | €212,955 | +€166,372 | +357.2% |
| Operating profit (loss) | 9901 | €1,510 | €86,010 | +€84,500 | +5595.5% |
| Financial income | 75/76B | €12,396 | €13,216 | +€820 | +6.6% |
| Recurring financial income | 75 | €12,396 | €13,216 | +€820 | +6.6% |
| Financial charges | 65/66B | €9,884 | €22,605 | +€12,720 | +128.7% |
| Recurring financial charges | 65 | €9,884 | €22,605 | +€12,720 | +128.7% |
| Profit (loss) for the period before taxes | 9903 | €4,022 | €76,622 | +€72,600 | +1805.1% |
| Income taxes | 67/77 | €3,709 | €27,497 | +€23,788 | +641.3% |
| Profit (loss) for the period | 9904 | €313 | €49,125 | +€48,812 | +15597.9% |
| Profit (loss) for the period to be appropriated | 9905 | €313 | €49,125 | +€48,812 | +15597.9% |
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 3 October 2026 via checked.be.