KRITECH und Co: 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.
KRITECH und Co
Largest movements
- Receivables within one year -€24,925
down €24,925 (-7.1%), from €350,371 to €325,446
of which Trade receivables: -€57,800
- Cash -€15,956
down €15,956 (-51.1%), from €31,211 to €15,255
mainly Trade debts (-€72,644) and Tax, wage and social debts (-€24,027)
- Stocks and contracts -€13,273
down €13,273 (-8.4%), from €158,407 to €145,134
- Trade debts -€72,644
down €72,644 (-37.0%), from €196,360 to €123,716
- Tax, wage and social debts -€24,027
down €24,027 (-41.1%), from €58,504 to €34,477
of which Taxes: -€25,864
- Short-term financial debts +€23,402
up €23,402 (+10.7%), from €218,536 to €241,937
- Reserves +€21,000
up €21,000 (+25.3%), from €83,000 to €104,000
- Staff costs +€8,526
up €8,526 (+12.1%), from €70,231 to €78,757
- Financial charges -€6,324
down €6,324 (-25.0%), from €25,299 to €18,974
- Gross operating margin -€6,317
down €6,317 (-4.6%), from €138,297 to €131,980
- Write-downs -€4,000
no longer reported in 2025 (was €4,000)
- Financial income +€2,970
up €2,970 (+1,303%), from €228 to €3,198
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 | €578,398 | €525,036 | -€53,362 | -9.2% |
| Fixed assets | 21/28 | €36,325 | €36,946 | +€621 | +1.7% |
| Tangible fixed assets | 22/27 | €36,051 | €36,672 | +€621 | +1.7% |
| Land and buildings | 22 | €32,459 | €32,064 | -€395 | -1.2% |
| Plant, machinery and equipment | 23 | €94 | - | -€94 | |
| Furniture and vehicles | 24 | €3,497 | €4,608 | +€1,111 | +31.8% |
| Financial fixed assets | 28 | €275 | €275 | = | 0.0% |
| Current assets | 29/58 | €542,073 | €488,090 | -€53,983 | -10.0% |
| Stocks and contracts in progress | 3 | €158,407 | €145,134 | -€13,273 | -8.4% |
| Stocks | 30/36 | €158,407 | €145,134 | -€13,273 | -8.4% |
| Amounts receivable within one year | 40/41 | €350,371 | €325,446 | -€24,925 | -7.1% |
| Trade receivables | 40 | €200,928 | €143,128 | -€57,800 | -28.8% |
| Other amounts receivable | 41 | €149,443 | €182,318 | +€32,874 | +22.0% |
| Cash at bank and in hand | 54/58 | €31,211 | €15,255 | -€15,956 | -51.1% |
| Deferred charges and accrued income | 490/1 | €2,083 | €2,254 | +€171 | +8.2% |
| Total equity and liabilities | 10/49 | €578,398 | €525,036 | -€53,362 | -9.2% |
| Equity | 10/15 | €101,813 | €123,174 | +€21,361 | +21.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €83,000 | €104,000 | +€21,000 | +25.3% |
| Distributable reserves | 133 | €83,000 | €104,000 | +€21,000 | +25.3% |
| Profit (loss) carried forward | 14 | €221 | €582 | +€361 | +163% |
| Amounts payable | 17/49 | €476,585 | €401,863 | -€74,723 | -15.7% |
| Amounts payable within one year | 42/48 | €473,400 | €400,130 | -€73,270 | -15.5% |
| Financial debts | 43 | €218,536 | €241,937 | +€23,402 | +10.7% |
| Credit institutions | 430/8 | €218,536 | €241,937 | +€23,402 | +10.7% |
| Trade debts | 44 | €196,360 | €123,716 | -€72,644 | -37.0% |
| Suppliers | 440/4 | €196,360 | €123,716 | -€72,644 | -37.0% |
| Taxes, remuneration and social security | 45 | €58,504 | €34,477 | -€24,027 | -41.1% |
| Taxes | 450/3 | €40,164 | €14,301 | -€25,864 | -64.4% |
| Remuneration and social security | 454/9 | €18,340 | €20,176 | +€1,836 | +10.0% |
| Accrued charges and deferred income | 492/3 | €3,186 | €1,733 | -€1,453 | -45.6% |
| Remuneration, social security and pensions | 62 | €70,231 | €78,757 | +€8,526 | +12.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,104 | €1,689 | +€585 | +52.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €4,000 | - | -€4,000 | |
| Other operating charges | 640/8 | €5,385 | €5,534 | +€149 | +2.8% |
| Gross operating margin | 9900 | €138,297 | €131,980 | -€6,317 | -4.6% |
| Operating profit (loss) | 9901 | €57,577 | €46,000 | -€11,577 | -20.1% |
| Financial income | 75/76B | €228 | €3,198 | +€2,970 | +1,303% |
| Recurring financial income | 75 | €228 | €3,198 | +€2,970 | +1,303% |
| Financial charges | 65/66B | €25,299 | €18,974 | -€6,324 | -25.0% |
| Recurring financial charges | 65 | €25,299 | €18,974 | -€6,324 | -25.0% |
| Profit (loss) for the period before taxes | 9903 | €32,506 | €30,224 | -€2,282 | -7.0% |
| Transfer from deferred taxes | 780 | €16 | - | -€16 | |
| Income taxes | 67/77 | €9,458 | €8,863 | -€595 | -6.3% |
| Profit (loss) for the period | 9904 | €23,064 | €21,361 | -€1,704 | -7.4% |
| Profit (loss) for the period to be appropriated | 9905 | €23,064 | €21,361 | -€1,704 | -7.4% |
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 25 October 2026 via checked.be.