KRIVOS: 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.
KRIVOS
Largest movements
- Stocks and contracts -€349,359
down €349,359 (-21.4%), from €1.6m to €1.3m
- Receivables within one year +€57,277
up €57,277 (+442.2%), from €12,953 to €70,231
of which Trade receivables: +€56,296
- Current portion of long-term debt -€396,625
down €396,625 (-39.1%), from €1.0m to €616,625
- Other debts +€138,000
up €138,000 (+25.7%), from €536,355 to €674,355
- Trade debts -€92,956
down €92,956 (-40.8%), from €228,093 to €135,136
- Profit (loss) carried forward +€61,458
up €61,458 (+50.4%), from -€122,043 to -€60,585
- Gross operating margin +€82,853
up €82,853 (+135.7%), from €61,047 to €143,900
- Financial charges +€16,744
up €16,744 (+32.5%), from €51,520 to €68,264
- Staff costs +€6,764
new in 2024: €6,764
- Other operating charges -€6,637
down €6,637 (-47.2%), from €14,051 to €7,414
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 | €1,688,405 | €1,395,319 | -€293,086 | -17.4% |
| Fixed assets | 21/28 | €40,000 | €40,000 | = | 0.0% |
| Tangible fixed assets | 22/27 | €40,000 | €40,000 | = | 0.0% |
| Land and buildings | 22 | €40,000 | €40,000 | = | 0.0% |
| Current assets | 29/58 | €1,648,405 | €1,355,319 | -€293,086 | -17.8% |
| Stocks and contracts in progress | 3 | €1,630,819 | €1,281,460 | -€349,359 | -21.4% |
| Stocks | 30/36 | €1,630,819 | €1,281,460 | -€349,359 | -21.4% |
| Amounts receivable within one year | 40/41 | €12,953 | €70,231 | +€57,277 | +442.2% |
| Trade receivables | 40 | €12,876 | €69,172 | +€56,296 | +437.2% |
| Other amounts receivable | 41 | €78 | €1,059 | +€982 | +1265.7% |
| Cash at bank and in hand | 54/58 | €1,910 | €1,682 | -€228 | -11.9% |
| Deferred charges and accrued income | 490/1 | €2,723 | €1,945 | -€777 | -28.6% |
| Total equity and liabilities | 10/49 | €1,688,405 | €1,395,319 | -€293,086 | -17.4% |
| Equity | 10/15 | -€114,043 | -€52,585 | +€61,458 | +53.9% |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€122,043 | -€60,585 | +€61,458 | +50.4% |
| Amounts payable | 17/49 | €1,802,448 | €1,447,904 | -€354,544 | -19.7% |
| Amounts payable after more than one year | 17 | €24,750 | €20,250 | -€4,500 | -18.2% |
| Financial debts | 170/4 | €24,750 | €20,250 | -€4,500 | -18.2% |
| Amounts payable within one year | 42/48 | €1,777,698 | €1,426,822 | -€350,876 | -19.7% |
| Current portion of amounts payable after more than one year | 42 | €1,013,250 | €616,625 | -€396,625 | -39.1% |
| Trade debts | 44 | €228,093 | €135,136 | -€92,956 | -40.8% |
| Suppliers | 440/4 | €228,093 | €135,136 | -€92,956 | -40.8% |
| Taxes, remuneration and social security | 45 | - | €705 | +€705 | |
| Remuneration and social security | 454/9 | - | €705 | +€705 | |
| Other amounts payable | 47/48 | €536,355 | €674,355 | +€138,000 | +25.7% |
| Accrued charges and deferred income | 492/3 | - | €832 | +€832 | |
| Remuneration, social security and pensions | 62 | - | €6,764 | +€6,764 | |
| Other operating charges | 640/8 | €14,051 | €7,414 | -€6,637 | -47.2% |
| Gross operating margin | 9900 | €61,047 | €143,900 | +€82,853 | +135.7% |
| Operating profit (loss) | 9901 | €46,996 | €129,723 | +€82,726 | +176.0% |
| Financial charges | 65/66B | €51,520 | €68,264 | +€16,744 | +32.5% |
| Recurring financial charges | 65 | €51,520 | €68,264 | +€16,744 | +32.5% |
| Profit (loss) for the period before taxes | 9903 | -€4,524 | €61,458 | +€65,982 | |
| Profit (loss) for the period | 9904 | -€4,524 | €61,458 | +€65,982 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,524 | €61,458 | +€65,982 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.