KRITOX: 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.
KRITOX
Largest movements
- Current investments -€159,082
down €159,082 (-59.9%), from €265,411 to €106,329
- Cash +€83,938
up €83,938 (+198.2%), from €42,351 to €126,289
mainly Current investments (+€159,082) and Net result for the year (+€42,708)
- Receivables within one year -€20,673
down €20,673 (-31.0%), from €66,709 to €46,036
of which Trade receivables: -€28,823
- Tangible fixed assets -€12,755
down €12,755 (-59.9%), from €21,303 to €8,548
of which Furniture and vehicles: -€12,238
- Tax, wage and social debts -€53,597
down €53,597 (-89.8%), from €59,708 to €6,111
- Reserves -€30,071
down €30,071 (-12.3%), from €244,526 to €214,455
- Current portion of long-term debt -€12,371
no longer reported in 2025 (was €12,371)
- Other debts -€9,513
down €9,513 (-12.5%), from €76,327 to €66,815
- Gross operating margin -€45,633
down €45,633 (-39.7%), from €115,057 to €69,423
- Financial income -€15,411
down €15,411 (-99.2%), from €15,533 to €122
- Taxes -€13,762
down €13,762 (-54.6%), from €25,225 to €11,463
- Financial charges -€1,817
down €1,817 (-47.2%), from €3,848 to €2,031
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 | €397,592 | €288,821 | -€108,772 | -27.4% |
| Fixed assets | 21/28 | €21,303 | €8,548 | -€12,755 | -59.9% |
| Tangible fixed assets | 22/27 | €21,303 | €8,548 | -€12,755 | -59.9% |
| Plant, machinery and equipment | 23 | €857 | €340 | -€516 | -60.3% |
| Furniture and vehicles | 24 | €20,447 | €8,208 | -€12,238 | -59.9% |
| Current assets | 29/58 | €376,289 | €280,272 | -€96,017 | -25.5% |
| Amounts receivable within one year | 40/41 | €66,709 | €46,036 | -€20,673 | -31.0% |
| Trade receivables | 40 | €66,027 | €37,204 | -€28,823 | -43.7% |
| Other amounts receivable | 41 | €682 | €8,833 | +€8,151 | +1195.0% |
| Current investments | 50/53 | €265,411 | €106,329 | -€159,082 | -59.9% |
| Cash at bank and in hand | 54/58 | €42,351 | €126,289 | +€83,938 | +198.2% |
| Deferred charges and accrued income | 490/1 | €1,818 | €1,618 | -€200 | -11.0% |
| Total equity and liabilities | 10/49 | €397,592 | €288,821 | -€108,772 | -27.4% |
| Equity | 10/15 | €245,526 | €215,455 | -€30,071 | -12.2% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €244,526 | €214,455 | -€30,071 | -12.3% |
| Distributable reserves | 133 | €244,526 | €214,455 | -€30,071 | -12.3% |
| Amounts payable | 17/49 | €152,066 | €73,365 | -€78,701 | -51.8% |
| Amounts payable within one year | 42/48 | €149,901 | €73,365 | -€76,536 | -51.1% |
| Current portion of amounts payable after more than one year | 42 | €12,371 | - | -€12,371 | |
| Trade debts | 44 | €1,496 | €440 | -€1,056 | -70.6% |
| Suppliers | 440/4 | €1,496 | €440 | -€1,056 | -70.6% |
| Taxes, remuneration and social security | 45 | €59,708 | €6,111 | -€53,597 | -89.8% |
| Taxes | 450/3 | €59,708 | €6,111 | -€53,597 | -89.8% |
| Other amounts payable | 47/48 | €76,327 | €66,815 | -€9,513 | -12.5% |
| Accrued charges and deferred income | 492/3 | €2,165 | - | -€2,165 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,740 | €12,755 | -€985 | -7.2% |
| Other operating charges | 640/8 | €1,196 | €589 | -€606 | -50.7% |
| Gross operating margin | 9900 | €115,057 | €69,423 | -€45,633 | -39.7% |
| Operating profit (loss) | 9901 | €100,121 | €56,079 | -€44,042 | -44.0% |
| Financial income | 75/76B | €15,533 | €122 | -€15,411 | -99.2% |
| Recurring financial income | 75 | €15,533 | €122 | -€15,411 | -99.2% |
| Financial charges | 65/66B | €3,848 | €2,031 | -€1,817 | -47.2% |
| Recurring financial charges | 65 | €3,848 | €2,031 | -€1,817 | -47.2% |
| Profit (loss) for the period before taxes | 9903 | €111,806 | €54,171 | -€57,636 | -51.5% |
| Income taxes | 67/77 | €25,225 | €11,463 | -€13,762 | -54.6% |
| Profit (loss) for the period | 9904 | €86,582 | €42,708 | -€43,874 | -50.7% |
| Profit (loss) for the period to be appropriated | 9905 | €86,582 | €42,708 | -€43,874 | -50.7% |
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 29 September 2026 via checked.be.