KRIVARCO: what changed
KRIVARCO
Largest movements
- Cash +€19,976
up €19,976 (+831%), from €2,405 to €22,381
mainly Receivables within one year (+€19,821) and Stocks and contracts (+€2,671)
- Receivables within one year -€19,821
down €19,821 (-63.7%), from €31,098 to €11,277
of which Trade receivables: -€18,175
- Stocks and contracts -€2,671
down €2,671 (-67.6%), from €3,950 to €1,279
of which Contracts in progress: -€2,500
- Tangible fixed assets -€1,689
down €1,689 (-36.1%), from €4,678 to €2,989
of which Furniture and vehicles: -€1,289
- Deferred charges and accrued income -€673
no longer reported in 2025 (was €673)
- Trade debts -€5,563
down €5,563 (-40.1%), from €13,880 to €8,318
- Gross operating margin +€1,684
up €1,684 (+71.0%), from €2,372 to €4,055
- Taxes +€456
up €456 (+313%), from €146 to €602
- Financial income -€154
down €154 (-97.0%), from €158 to €5
- Depreciation +€92
up €92 (+5.8%), from €1,597 to €1,689
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €42,806 | €37,927 | -€4,879 | -11.4% |
| Fixed assets | 21/28 | €4,678 | €2,989 | -€1,689 | -36.1% |
| Tangible fixed assets | 22/27 | €4,678 | €2,989 | -€1,689 | -36.1% |
| Furniture and vehicles | 24 | €3,812 | €2,522 | -€1,289 | -33.8% |
| Other tangible fixed assets | 26 | €867 | €467 | -€400 | -46.2% |
| Current assets | 29/58 | €38,127 | €34,938 | -€3,190 | -8.4% |
| Stocks and contracts in progress | 3 | €3,950 | €1,279 | -€2,671 | -67.6% |
| Stocks | 30/36 | €1,450 | €1,279 | -€171 | -11.8% |
| Contracts in progress | 37 | €2,500 | - | -€2,500 | |
| Amounts receivable within one year | 40/41 | €31,098 | €11,277 | -€19,821 | -63.7% |
| Trade receivables | 40 | €27,813 | €9,638 | -€18,175 | -65.3% |
| Other amounts receivable | 41 | €3,285 | €1,640 | -€1,646 | -50.1% |
| Cash at bank and in hand | 54/58 | €2,405 | €22,381 | +€19,976 | +831% |
| Deferred charges and accrued income | 490/1 | €673 | - | -€673 | |
| Total equity and liabilities | 10/49 | €42,806 | €37,927 | -€4,879 | -11.4% |
| Equity | 10/15 | €11,076 | €11,224 | +€148 | +1.3% |
| Contributions | 10/11 | €20 | €20 | = | 0.0% |
| Reserves | 13 | €11,056 | €11,204 | +€148 | +1.3% |
| Non-distributable reserves | 130/1 | €10 | €10 | = | 0.0% |
| Reserves not available under the articles | 1311 | €10 | €10 | = | 0.0% |
| Distributable reserves | 133 | €11,046 | €11,194 | +€148 | +1.3% |
| Amounts payable | 17/49 | €31,730 | €26,703 | -€5,027 | -15.8% |
| Amounts payable after more than one year | 17 | €10,000 | €10,000 | = | 0.0% |
| Other amounts payable | 178/9 | €10,000 | €10,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €21,730 | €16,451 | -€5,279 | -24.3% |
| Trade debts | 44 | €13,880 | €8,318 | -€5,563 | -40.1% |
| Suppliers | 440/4 | €13,880 | €8,318 | -€5,563 | -40.1% |
| Other amounts payable | 47/48 | €7,850 | €8,134 | +€284 | +3.6% |
| Accrued charges and deferred income | 492/3 | - | €251 | +€251 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,597 | €1,689 | +€92 | +5.8% |
| Other operating charges | 640/8 | €525 | €531 | +€7 | +1.2% |
| Gross operating margin | 9900 | €2,372 | €4,055 | +€1,684 | +71.0% |
| Operating profit (loss) | 9901 | €250 | €1,834 | +€1,585 | +635% |
| Financial income | 75/76B | €158 | €5 | -€154 | -97.0% |
| Recurring financial income | 75 | €158 | €5 | -€154 | -97.0% |
| Financial charges | 65/66B | €56 | €49 | -€7 | -11.9% |
| Recurring financial charges | 65 | €56 | €49 | -€7 | -11.9% |
| Profit (loss) for the period before taxes | 9903 | €352 | €1,790 | +€1,438 | +408% |
| Income taxes | 67/77 | €146 | €602 | +€456 | +313% |
| Profit (loss) for the period | 9904 | €206 | €1,188 | +€981 | +476% |
| Profit (loss) for the period to be appropriated | 9905 | €206 | €1,188 | +€981 | +476% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.