KRIVALCO: 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.
KRIVALCO
Largest movements
- Cash +€17,638
up €17,638 (+106.0%), from €16,643 to €34,281
mainly Receivables within one year (+€11,919) and Net result for the year (+€8,128)
- Receivables within one year -€11,919
down €11,919 (-31.1%), from €38,365 to €26,446
of which Trade receivables: -€12,051
- Tangible fixed assets -€2,730
down €2,730 (-28.9%), from €9,439 to €6,709
- Profit (loss) carried forward +€8,128
up €8,128 (+31.3%), from -€25,942 to -€17,814
- Trade debts -€4,929
down €4,929 (-54.4%), from €9,068 to €4,138
- Tax, wage and social debts -€1,599
down €1,599 (-29.4%), from €5,446 to €3,846
- Other debts +€1,406
up €1,406 (+4.7%), from €29,854 to €31,260
- Gross operating margin +€8,032
up €8,032 (+162.7%), from €4,937 to €12,969
- Financial income -€595
down €595 (-40.4%), from €1,475 to €880
- Other operating charges -€443
down €443 (-49.2%), from €902 to €458
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 | €114,521 | €117,437 | +€2,915 | +2.5% |
| Fixed assets | 21/28 | €9,439 | €6,709 | -€2,730 | -28.9% |
| Tangible fixed assets | 22/27 | €9,439 | €6,709 | -€2,730 | -28.9% |
| Plant, machinery and equipment | 23 | €9,439 | €6,709 | -€2,730 | -28.9% |
| Current assets | 29/58 | €105,082 | €110,727 | +€5,645 | +5.4% |
| Amounts receivable within one year | 40/41 | €38,365 | €26,446 | -€11,919 | -31.1% |
| Trade receivables | 40 | €37,776 | €25,724 | -€12,051 | -31.9% |
| Other amounts receivable | 41 | €590 | €722 | +€132 | +22.5% |
| Current investments | 50/53 | €50,000 | €50,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €16,643 | €34,281 | +€17,638 | +106.0% |
| Deferred charges and accrued income | 490/1 | €74 | - | -€74 | |
| Total equity and liabilities | 10/49 | €114,521 | €117,437 | +€2,915 | +2.5% |
| Equity | 10/15 | €70,064 | €78,192 | +€8,128 | +11.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €83,606 | €83,606 | = | 0.0% |
| Distributable reserves | 133 | €83,606 | €83,606 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€25,942 | -€17,814 | +€8,128 | +31.3% |
| Amounts payable | 17/49 | €44,458 | €39,245 | -€5,213 | -11.7% |
| Amounts payable within one year | 42/48 | €44,458 | €39,245 | -€5,213 | -11.7% |
| Trade debts | 44 | €9,068 | €4,138 | -€4,929 | -54.4% |
| Suppliers | 440/4 | €9,068 | €4,138 | -€4,929 | -54.4% |
| Advances received on contracts in progress | 46 | €90 | - | -€90 | |
| Taxes, remuneration and social security | 45 | €5,446 | €3,846 | -€1,599 | -29.4% |
| Taxes | 450/3 | €5,446 | €3,846 | -€1,599 | -29.4% |
| Other amounts payable | 47/48 | €29,854 | €31,260 | +€1,406 | +4.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,600 | €2,730 | +€130 | +5.0% |
| Other operating charges | 640/8 | €902 | €458 | -€443 | -49.2% |
| Gross operating margin | 9900 | €4,937 | €12,969 | +€8,032 | +162.7% |
| Operating profit (loss) | 9901 | €1,435 | €9,781 | +€8,346 | +581.5% |
| Financial income | 75/76B | €1,475 | €880 | -€595 | -40.4% |
| Recurring financial income | 75 | €1,475 | €880 | -€595 | -40.4% |
| Financial charges | 65/66B | €2,397 | €2,337 | -€60 | -2.5% |
| Recurring financial charges | 65 | €2,397 | €2,337 | -€60 | -2.5% |
| Profit (loss) for the period before taxes | 9903 | €513 | €8,324 | +€7,811 | +1522.8% |
| Income taxes | 67/77 | €183 | €196 | +€13 | +7.1% |
| Profit (loss) for the period | 9904 | €330 | €8,128 | +€7,798 | +2365.0% |
| Profit (loss) for the period to be appropriated | 9905 | €330 | €8,128 | +€7,798 | +2365.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.