KRIVI: 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.
KRIVI
Largest movements
- Receivables within one year +€38,529
up €38,529 (+109.9%), from €35,046 to €73,574
of which Other amounts receivable: +€24,563
- Tangible fixed assets -€11,948
down €11,948 (-100.0%), from €11,948 to €0
- Cash +€10,851
up €10,851 (+263.5%), from €4,118 to €14,969
mainly Net result for the year (+€39,078) and Advances received (+€12,370)
- Reserves +€39,078
up €39,078 (+61.0%), from €64,092 to €103,170
of which Distributable reserves: +€39,078
- Advances received +€12,370
up €12,370 (+287.7%), from €4,300 to €16,670
- Tax, wage and social debts -€11,495
down €11,495 (-27.6%), from €41,598 to €30,103
of which Taxes: -€11,495
- Other debts -€10,217
down €10,217 (-100.0%), from €10,217 to €0
- Trade debts +€5,751
up €5,751 (+26.1%), from €22,034 to €27,785
- Provisions +€74,298
up €74,298, from -€74,298 to €0
- Gross operating margin +€38,531
up €38,531 (+210.7%), from €18,286 to €56,817
- Taxes -€13,089
down €13,089 (-39.7%), from €32,931 to €19,842
- Write-downs +€10,258
up €10,258 (+52.8%), from -€19,419 to -€9,161
- Other operating charges +€8,956
up €8,956 (+685.6%), from €1,306 to €10,262
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €154,641 | €190,667 | +€36,026 | +23.3% |
| Fixed assets | 21/28 | €12,032 | €84 | -€11,948 | -99.3% |
| Tangible fixed assets | 22/27 | €11,948 | €0 | -€11,948 | -100.0% |
| Plant, machinery and equipment | 23 | €11,948 | €0 | -€11,948 | -100.0% |
| Financial fixed assets | 28 | €84 | €84 | = | 0.0% |
| Current assets | 29/58 | €142,609 | €190,583 | +€47,974 | +33.6% |
| Amounts receivable after more than one year | 29 | €100,000 | €100,000 | = | 0.0% |
| Other amounts receivable | 291 | €100,000 | €100,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €35,046 | €73,574 | +€38,529 | +109.9% |
| Trade receivables | 40 | €26,105 | €40,071 | +€13,966 | +53.5% |
| Other amounts receivable | 41 | €8,941 | €33,503 | +€24,563 | +274.7% |
| Cash at bank and in hand | 54/58 | €4,118 | €14,969 | +€10,851 | +263.5% |
| Deferred charges and accrued income | 490/1 | €3,445 | €2,039 | -€1,406 | -40.8% |
| Total equity and liabilities | 10/49 | €154,641 | €190,667 | +€36,026 | +23.3% |
| Equity | 10/15 | €76,492 | €115,570 | +€39,078 | +51.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €64,092 | €103,170 | +€39,078 | +61.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €64,092 | €103,170 | +€39,078 | +61.0% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Provisions and deferred taxes | 16 | €0 | - | = | |
| Provisions for liabilities and charges | 160/5 | €0 | - | = | |
| Other liabilities and charges | 164/5 | €0 | - | = | |
| Amounts payable | 17/49 | €78,149 | €75,096 | -€3,052 | -3.9% |
| Amounts payable within one year | 42/48 | €78,149 | €74,559 | -€3,590 | -4.6% |
| Trade debts | 44 | €22,034 | €27,785 | +€5,751 | +26.1% |
| Suppliers | 440/4 | €22,034 | €27,785 | +€5,751 | +26.1% |
| Advances received on contracts in progress | 46 | €4,300 | €16,670 | +€12,370 | +287.7% |
| Taxes, remuneration and social security | 45 | €41,598 | €30,103 | -€11,495 | -27.6% |
| Taxes | 450/3 | €41,598 | €30,103 | -€11,495 | -27.6% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €10,217 | €0 | -€10,217 | -100.0% |
| Accrued charges and deferred income | 492/3 | €0 | €538 | +€538 | |
| Remuneration, social security and pensions | 62 | €1,764 | -€25 | -€1,789 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,511 | €0 | -€1,511 | -100.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€19,419 | -€9,161 | +€10,258 | +52.8% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€74,298 | €0 | +€74,298 | |
| Other operating charges | 640/8 | €1,306 | €10,262 | +€8,956 | +685.6% |
| Gross operating margin | 9900 | €18,286 | €56,817 | +€38,531 | +210.7% |
| Operating profit (loss) | 9901 | €107,420 | €55,741 | -€51,680 | -48.1% |
| Financial income | 75/76B | €1,079 | €4,756 | +€3,677 | +340.9% |
| Recurring financial income | 75 | €1,079 | €4,756 | +€3,677 | +340.9% |
| Financial charges | 65/66B | €4,096 | €1,577 | -€2,519 | -61.5% |
| Recurring financial charges | 65 | €4,096 | €1,577 | -€2,519 | -61.5% |
| Profit (loss) for the period before taxes | 9903 | €104,403 | €58,920 | -€45,484 | -43.6% |
| Income taxes | 67/77 | €32,931 | €19,842 | -€13,089 | -39.7% |
| Profit (loss) for the period | 9904 | €71,472 | €39,078 | -€32,394 | -45.3% |
| Profit (loss) for the period to be appropriated | 9905 | €71,472 | €39,078 | -€32,394 | -45.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.