KRIVACODE: 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.
KRIVACODE
Largest movements
- Cash +€24,203
up €24,203 (+152.0%), from €15,922 to €40,125
mainly Net result for the year (+€50,603) and Depreciation (+€15,307)
- Tangible fixed assets -€13,820
down €13,820 (-22.1%), from €62,569 to €48,749
of which Leasing and similar rights: -€9,447
- Receivables within one year -€3,439
down €3,439 (-7.3%), from €47,262 to €43,823
of which Trade receivables: -€2,891
- Tax, wage and social debts +€13,976
up €13,976 (+64.1%), from €21,811 to €35,788
- Other debts +€9,899
up €9,899 (+24.3%), from €40,704 to €50,603
- Debts after one year -€9,339
down €9,339 (-41.8%), from €22,365 to €13,026
- Trade debts -€6,814
down €6,814 (-49.8%), from €13,678 to €6,864
- Gross operating margin +€12,759
up €12,759 (+17.0%), from €75,166 to €87,925
- Taxes +€2,772
up €2,772 (+21.6%), from €12,845 to €15,617
- Financial charges -€1,343
down €1,343 (-43.0%), from €3,122 to €1,780
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 | €126,144 | €134,220 | +€8,076 | +6.4% |
| Fixed assets | 21/28 | €62,569 | €48,749 | -€13,820 | -22.1% |
| Tangible fixed assets | 22/27 | €62,569 | €48,749 | -€13,820 | -22.1% |
| Plant, machinery and equipment | 23 | €5,122 | €3,375 | -€1,747 | -34.1% |
| Furniture and vehicles | 24 | €923 | €1,606 | +€683 | +73.9% |
| Leasing and similar rights | 25 | €31,998 | €22,551 | -€9,447 | -29.5% |
| Other tangible fixed assets | 26 | €24,526 | €21,217 | -€3,309 | -13.5% |
| Current assets | 29/58 | €63,575 | €85,471 | +€21,895 | +34.4% |
| Amounts receivable within one year | 40/41 | €47,262 | €43,823 | -€3,439 | -7.3% |
| Trade receivables | 40 | €22,180 | €19,289 | -€2,891 | -13.0% |
| Other amounts receivable | 41 | €25,083 | €24,534 | -€548 | -2.2% |
| Cash at bank and in hand | 54/58 | €15,922 | €40,125 | +€24,203 | +152.0% |
| Deferred charges and accrued income | 490/1 | €391 | €1,522 | +€1,131 | +289.1% |
| Total equity and liabilities | 10/49 | €126,144 | €134,220 | +€8,076 | +6.4% |
| Equity | 10/15 | €18,600 | €18,600 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Amounts payable | 17/49 | €107,544 | €115,620 | +€8,076 | +7.5% |
| Amounts payable after more than one year | 17 | €22,365 | €13,026 | -€9,339 | -41.8% |
| Financial debts | 170/4 | €22,365 | €13,026 | -€9,339 | -41.8% |
| Amounts payable within one year | 42/48 | €85,179 | €102,594 | +€17,415 | +20.4% |
| Current portion of amounts payable after more than one year | 42 | €8,985 | €9,339 | +€354 | +3.9% |
| Trade debts | 44 | €13,678 | €6,864 | -€6,814 | -49.8% |
| Suppliers | 440/4 | €13,678 | €6,864 | -€6,814 | -49.8% |
| Taxes, remuneration and social security | 45 | €21,811 | €35,788 | +€13,976 | +64.1% |
| Taxes | 450/3 | €21,811 | €35,788 | +€13,976 | +64.1% |
| Other amounts payable | 47/48 | €40,704 | €50,603 | +€9,899 | +24.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,827 | €15,307 | -€520 | -3.3% |
| Other operating charges | 640/8 | €1,898 | €1,904 | +€6 | +0.3% |
| Non-recurring operating charges | 66A | €1,269 | €2,714 | +€1,445 | +113.9% |
| Gross operating margin | 9900 | €75,166 | €87,925 | +€12,759 | +17.0% |
| Operating profit (loss) | 9901 | €56,172 | €68,000 | +€11,827 | +21.1% |
| Financial income | 75/76B | €499 | - | -€499 | |
| Recurring financial income | 75 | €499 | - | -€499 | |
| Financial charges | 65/66B | €3,122 | €1,780 | -€1,343 | -43.0% |
| Recurring financial charges | 65 | €3,122 | €1,780 | -€1,343 | -43.0% |
| Profit (loss) for the period before taxes | 9903 | €53,549 | €66,220 | +€12,671 | +23.7% |
| Income taxes | 67/77 | €12,845 | €15,617 | +€2,772 | +21.6% |
| Profit (loss) for the period | 9904 | €40,704 | €50,603 | +€9,899 | +24.3% |
| Profit (loss) for the period to be appropriated | 9905 | €40,704 | €50,603 | +€9,899 | +24.3% |
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 10 October 2026 via checked.be.