KRISVICTOR: 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.
KRISVICTOR
Largest movements
- Stocks and contracts -€163,153
down €163,153 (-97.7%), from €166,910 to €3,757
- Cash +€60,885
up €60,885 (+64.8%), from €93,971 to €154,856
mainly Stocks and contracts (+€163,153) and Depreciation (+€11,537)
- Receivables within one year +€31,588
up €31,588 (+37.7%), from €83,719 to €115,307
of which Trade receivables: +€29,496
- Tangible fixed assets -€11,537
down €11,537 (-74.1%), from €15,574 to €4,037
- Trade debts -€44,133
down €44,133 (-69.2%), from €63,791 to €19,658
- Advances received -€30,948
down €30,948 (-78.2%), from €39,597 to €8,648
- Reserves -€8,930
down €8,930 (-4.2%), from €214,495 to €205,565
- Tax, wage and social debts +€5,645
up €5,645 (+24.4%), from €23,166 to €28,811
of which Taxes: +€8,748
- Other debts -€4,373
down €4,373 (-62.4%), from €7,012 to €2,640
- Gross operating margin -€11,633
down €11,633 (-10.4%), from €112,028 to €100,395
- Write-downs -€9,119
down €9,119 (-108%), from -€8,481 to -€17,600
- Staff costs -€3,114
down €3,114 (-2.7%), from €116,734 to €113,620
- Financial income +€1,822
up €1,822 (+501%), from €364 to €2,185
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 | €373,061 | €290,322 | -€82,739 | -22.2% |
| Fixed assets | 21/28 | €27,169 | €15,633 | -€11,537 | -42.5% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €15,574 | €4,037 | -€11,537 | -74.1% |
| Plant, machinery and equipment | 23 | €15,574 | €4,037 | -€11,537 | -74.1% |
| Financial fixed assets | 28 | €11,596 | €11,596 | = | 0.0% |
| Current assets | 29/58 | €345,891 | €274,689 | -€71,202 | -20.6% |
| Stocks and contracts in progress | 3 | €166,910 | €3,757 | -€163,153 | -97.7% |
| Stocks | 30/36 | €166,910 | €3,757 | -€163,153 | -97.7% |
| Amounts receivable within one year | 40/41 | €83,719 | €115,307 | +€31,588 | +37.7% |
| Trade receivables | 40 | €7,446 | €36,942 | +€29,496 | +396% |
| Other amounts receivable | 41 | €76,272 | €78,365 | +€2,092 | +2.7% |
| Cash at bank and in hand | 54/58 | €93,971 | €154,856 | +€60,885 | +64.8% |
| Deferred charges and accrued income | 490/1 | €1,292 | €769 | -€523 | -40.5% |
| Total equity and liabilities | 10/49 | €373,061 | €290,322 | -€82,739 | -22.2% |
| Equity | 10/15 | €239,495 | €230,565 | -€8,930 | -3.7% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €214,495 | €205,565 | -€8,930 | -4.2% |
| Distributable reserves | 133 | €214,495 | €205,565 | -€8,930 | -4.2% |
| Amounts payable | 17/49 | €133,565 | €59,757 | -€73,809 | -55.3% |
| Amounts payable within one year | 42/48 | €133,565 | €59,757 | -€73,809 | -55.3% |
| Trade debts | 44 | €63,791 | €19,658 | -€44,133 | -69.2% |
| Suppliers | 440/4 | €63,791 | €19,658 | -€44,133 | -69.2% |
| Advances received on contracts in progress | 46 | €39,597 | €8,648 | -€30,948 | -78.2% |
| Taxes, remuneration and social security | 45 | €23,166 | €28,811 | +€5,645 | +24.4% |
| Taxes | 450/3 | €10,333 | €19,082 | +€8,748 | +84.7% |
| Remuneration and social security | 454/9 | €12,832 | €9,729 | -€3,103 | -24.2% |
| Other amounts payable | 47/48 | €7,012 | €2,640 | -€4,373 | -62.4% |
| Remuneration, social security and pensions | 62 | €116,734 | €113,620 | -€3,114 | -2.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,253 | €11,537 | +€284 | +2.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€8,481 | -€17,600 | -€9,119 | -108% |
| Other operating charges | 640/8 | €2,980 | €2,882 | -€99 | -3.3% |
| Gross operating margin | 9900 | €112,028 | €100,395 | -€11,633 | -10.4% |
| Operating profit (loss) | 9901 | -€10,458 | -€10,043 | +€415 | +4.0% |
| Financial income | 75/76B | €364 | €2,185 | +€1,822 | +501% |
| Recurring financial income | 75 | €364 | €2,185 | +€1,822 | +501% |
| Financial charges | 65/66B | €821 | €1,072 | +€252 | +30.7% |
| Recurring financial charges | 65 | €821 | €1,072 | +€252 | +30.7% |
| Profit (loss) for the period before taxes | 9903 | -€10,915 | -€8,930 | +€1,985 | +18.2% |
| Income taxes | 67/77 | €0 | €0 | = | |
| Profit (loss) for the period | 9904 | -€10,915 | -€8,930 | +€1,985 | +18.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,915 | -€8,930 | +€1,985 | +18.2% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.