Kristina T.: what changed
Kristina T.
Largest movements
- Tangible fixed assets +€22,296
up €22,296 (+2,395%), from €931 to €23,227
- Cash -€9,516
down €9,516 (-22.0%), from €43,273 to €33,757
mainly Investment in fixed assets (net) (-€28,050) and Net result for the year (-€13,278)
- Receivables within one year -€5,173
no longer reported in 2025 (was €5,173)
- Stocks and contracts +€1,884
up €1,884 (+6.0%), from €31,273 to €33,157
- Debts after one year +€25,081
new in 2025: €25,081
- Profit (loss) carried forward -€13,278
down €13,278 (-582%), from -€2,280 to -€15,558
- Trade debts -€4,003
down €4,003 (-27.2%), from €14,733 to €10,730
- Current portion of long-term debt +€3,384
up €3,384 (+71.6%), from €4,727 to €8,111
- Tax, wage and social debts -€1,694
down €1,694 (-7.0%), from €24,165 to €22,472
of which Remuneration and social security: -€2,237
- Gross operating margin -€60,385
down €60,385 (-27.6%), from €218,513 to €158,128
- Staff costs -€26,849
down €26,849 (-14.2%), from €188,869 to €162,020
- Depreciation +€4,943
up €4,943 (+610%), from €811 to €5,754
- Taxes -€4,000
no longer reported in 2025 (was €4,000)
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €81,075 | €90,565 | +€9,490 | +11.7% |
| Fixed assets | 21/28 | €1,356 | €23,652 | +€22,296 | +1,644% |
| Tangible fixed assets | 22/27 | €931 | €23,227 | +€22,296 | +2,395% |
| Other tangible fixed assets | 26 | €931 | €23,227 | +€22,296 | +2,395% |
| Financial fixed assets | 28 | €425 | €425 | = | 0.0% |
| Current assets | 29/58 | €79,719 | €66,914 | -€12,806 | -16.1% |
| Stocks and contracts in progress | 3 | €31,273 | €33,157 | +€1,884 | +6.0% |
| Stocks | 30/36 | €31,273 | €33,157 | +€1,884 | +6.0% |
| Amounts receivable within one year | 40/41 | €5,173 | - | -€5,173 | |
| Trade receivables | 40 | €5,173 | - | -€5,173 | |
| Cash at bank and in hand | 54/58 | €43,273 | €33,757 | -€9,516 | -22.0% |
| Total equity and liabilities | 10/49 | €81,075 | €90,565 | +€9,490 | +11.7% |
| Equity | 10/15 | €37,450 | €24,172 | -€13,278 | -35.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €33,531 | €33,531 | = | 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% |
| Distributable reserves | 133 | €31,671 | €31,671 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,280 | -€15,558 | -€13,278 | -582% |
| Amounts payable | 17/49 | €43,625 | €66,393 | +€22,768 | +52.2% |
| Amounts payable after more than one year | 17 | - | €25,081 | +€25,081 | |
| Financial debts | 170/4 | - | €25,081 | +€25,081 | |
| Amounts payable within one year | 42/48 | €43,625 | €41,312 | -€2,313 | -5.3% |
| Current portion of amounts payable after more than one year | 42 | €4,727 | €8,111 | +€3,384 | +71.6% |
| Trade debts | 44 | €14,733 | €10,730 | -€4,003 | -27.2% |
| Suppliers | 440/4 | €14,733 | €10,730 | -€4,003 | -27.2% |
| Taxes, remuneration and social security | 45 | €24,165 | €22,472 | -€1,694 | -7.0% |
| Taxes | 450/3 | €10,855 | €11,397 | +€543 | +5.0% |
| Remuneration and social security | 454/9 | €13,311 | €11,074 | -€2,237 | -16.8% |
| Remuneration, social security and pensions | 62 | €188,869 | €162,020 | -€26,849 | -14.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €811 | €5,754 | +€4,943 | +610% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €218,513 | €158,128 | -€60,385 | -27.6% |
| Operating profit (loss) | 9901 | €28,446 | -€10,046 | -€38,492 | |
| Financial income | 75/76B | €4 | - | -€4 | |
| Recurring financial income | 75 | €4 | - | -€4 | |
| Financial charges | 65/66B | €1,103 | €3,232 | +€2,129 | +193% |
| Recurring financial charges | 65 | €1,103 | €3,232 | +€2,129 | +193% |
| Profit (loss) for the period before taxes | 9903 | €27,347 | -€13,278 | -€40,625 | |
| Income taxes | 67/77 | €4,000 | - | -€4,000 | |
| Profit (loss) for the period | 9904 | €23,347 | -€13,278 | -€36,625 | |
| Profit (loss) for the period to be appropriated | 9905 | €23,347 | -€13,278 | -€36,625 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.