KRIVA: 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.
KRIVA
Largest movements
- Cash +€239,010
up €239,010 (+2043.8%), from €11,695 to €250,704
mainly Net result for the year (+€113,796) and Other debts (+€96,931)
- Receivables within one year -€77,946
down €77,946 (-88.0%), from €88,626 to €10,679
of which Trade receivables: -€76,072
- Tangible fixed assets -€68,091
down €68,091 (-11.5%), from €592,456 to €524,364
of which Land and buildings: -€53,601
- Reserves +€113,000
up €113,000 (+76.1%), from €148,479 to €261,479
of which Distributable reserves: +€113,000
- Other debts +€96,931
up €96,931 (+83.7%), from €115,850 to €212,781
- Debts after one year -€92,698
down €92,698 (-19.0%), from €487,720 to €395,022
- Current portion of long-term debt -€12,800
down €12,800 (-12.1%), from €105,498 to €92,698
- Gross operating margin -€43,963
down €43,963 (-14.0%), from €313,105 to €269,143
- Taxes +€27,246
up €27,246 (+212.2%), from €12,841 to €40,087
- Financial charges -€10,260
down €10,260 (-33.4%), from €30,721 to €20,461
- Depreciation -€10,032
down €10,032 (-10.0%), from €100,325 to €90,293
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 | €1,175,220 | €1,278,666 | +€103,446 | +8.8% |
| Fixed assets | 21/28 | €592,456 | €524,364 | -€68,091 | -11.5% |
| Tangible fixed assets | 22/27 | €592,456 | €524,364 | -€68,091 | -11.5% |
| Land and buildings | 22 | €527,456 | €473,855 | -€53,601 | -10.2% |
| Plant, machinery and equipment | 23 | €51,342 | €43,267 | -€8,075 | -15.7% |
| Furniture and vehicles | 24 | €13,658 | €7,243 | -€6,415 | -47.0% |
| Current assets | 29/58 | €582,764 | €754,302 | +€171,537 | +29.4% |
| Stocks and contracts in progress | 3 | €479,414 | €482,649 | +€3,235 | +0.7% |
| Stocks | 30/36 | €479,414 | €482,649 | +€3,235 | +0.7% |
| Amounts receivable within one year | 40/41 | €88,626 | €10,679 | -€77,946 | -88.0% |
| Trade receivables | 40 | €76,072 | - | -€76,072 | |
| Other amounts receivable | 41 | €12,553 | €10,679 | -€1,874 | -14.9% |
| Cash at bank and in hand | 54/58 | €11,695 | €250,704 | +€239,010 | +2043.8% |
| Deferred charges and accrued income | 490/1 | €3,030 | €10,269 | +€7,239 | +238.9% |
| Total equity and liabilities | 10/49 | €1,175,220 | €1,278,666 | +€103,446 | +8.8% |
| Equity | 10/15 | €426,171 | €538,301 | +€112,130 | +26.3% |
| Contributions | 10/11 | €275,000 | €275,000 | = | 0.0% |
| Reserves | 13 | €148,479 | €261,479 | +€113,000 | +76.1% |
| Tax-exempt reserves | 132 | €11,479 | €11,479 | = | 0.0% |
| Distributable reserves | 133 | €137,000 | €250,000 | +€113,000 | +82.5% |
| Profit (loss) carried forward | 14 | €2,692 | €1,822 | -€870 | -32.3% |
| Amounts payable | 17/49 | €749,049 | €740,365 | -€8,684 | -1.2% |
| Amounts payable after more than one year | 17 | €487,720 | €395,022 | -€92,698 | -19.0% |
| Financial debts | 170/4 | €487,720 | €395,022 | -€92,698 | -19.0% |
| Amounts payable within one year | 42/48 | €257,689 | €333,063 | +€75,373 | +29.2% |
| Current portion of amounts payable after more than one year | 42 | €105,498 | €92,698 | -€12,800 | -12.1% |
| Trade debts | 44 | €25,740 | €25,667 | -€73 | -0.3% |
| Suppliers | 440/4 | €25,740 | €25,667 | -€73 | -0.3% |
| Taxes, remuneration and social security | 45 | €10,602 | €1,917 | -€8,684 | -81.9% |
| Taxes | 450/3 | €10,602 | €1,917 | -€8,684 | -81.9% |
| Other amounts payable | 47/48 | €115,850 | €212,781 | +€96,931 | +83.7% |
| Accrued charges and deferred income | 492/3 | €3,639 | €12,280 | +€8,641 | +237.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €100,325 | €90,293 | -€10,032 | -10.0% |
| Other operating charges | 640/8 | €6,736 | €6,986 | +€250 | +3.7% |
| Gross operating margin | 9900 | €313,105 | €269,143 | -€43,963 | -14.0% |
| Operating profit (loss) | 9901 | €206,045 | €171,864 | -€34,181 | -16.6% |
| Financial income | 75/76B | €686 | €2,480 | +€1,794 | +261.4% |
| Recurring financial income | 75 | €686 | €2,480 | +€1,794 | +261.4% |
| Financial charges | 65/66B | €30,721 | €20,461 | -€10,260 | -33.4% |
| Recurring financial charges | 65 | €30,721 | €20,461 | -€10,260 | -33.4% |
| Profit (loss) for the period before taxes | 9903 | €176,010 | €153,882 | -€22,127 | -12.6% |
| Income taxes | 67/77 | €12,841 | €40,087 | +€27,246 | +212.2% |
| Profit (loss) for the period | 9904 | €163,169 | €113,796 | -€49,373 | -30.3% |
| Profit (loss) for the period to be appropriated | 9905 | €163,169 | €113,796 | -€49,373 | -30.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.