Kriwa: 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.
Kriwa
Largest movements
- Receivables within one year +€140,150
up €140,150 (+195%), from €71,763 to €211,913
of which Trade receivables: +€138,652
- Cash +€133,585
up €133,585 (+50.0%), from €267,378 to €400,963
mainly Net result for the year (+€149,942) and Trade debts (+€135,600)
- Stocks and contracts +€59,351
up €59,351 (+63.9%), from €92,896 to €152,248
- Tangible fixed assets -€31,485
down €31,485 (-8.2%), from €385,608 to €354,124
of which Land and buildings: -€27,080
- Reserves +€149,942
up €149,942 (+40.8%), from €367,061 to €517,003
of which Distributable reserves: +€151,802
- Trade debts +€135,600
up €135,600 (+151%), from €89,645 to €225,245
- Tax, wage and social debts +€42,583
up €42,583 (+85.7%), from €49,684 to €92,267
of which Taxes: +€40,114
- Debts after one year -€26,827
down €26,827 (-9.1%), from €293,635 to €266,809
- Gross operating margin +€252,229
up €252,229 (+243%), from €103,826 to €356,055
- Taxes +€56,704
up €56,704 (+347%), from €16,352 to €73,056
- Financial income -€55,209
down €55,209 (-100.0%), from €55,218 to €9
of which Non-recurring financial income: -€55,000
- Staff costs +€33,889
up €33,889 (+159%), from €21,313 to €55,202
- Write-downs +€11,942
up €11,942 (+199%), from €5,997 to €17,939
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.
Derived cash bridge
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 | €868,499 | €1,169,746 | +€301,247 | +34.7% |
| Fixed assets | 21/28 | €435,608 | €404,124 | -€31,485 | -7.2% |
| Tangible fixed assets | 22/27 | €385,608 | €354,124 | -€31,485 | -8.2% |
| Land and buildings | 22 | €355,883 | €328,803 | -€27,080 | -7.6% |
| Plant, machinery and equipment | 23 | €6,794 | €4,574 | -€2,220 | -32.7% |
| Furniture and vehicles | 24 | €22,932 | €20,747 | -€2,185 | -9.5% |
| Financial fixed assets | 28 | €50,000 | €50,000 | = | 0.0% |
| Current assets | 29/58 | €432,891 | €765,623 | +€332,731 | +76.9% |
| Stocks and contracts in progress | 3 | €92,896 | €152,248 | +€59,351 | +63.9% |
| Stocks | 30/36 | €92,896 | €152,248 | +€59,351 | +63.9% |
| Amounts receivable within one year | 40/41 | €71,763 | €211,913 | +€140,150 | +195% |
| Trade receivables | 40 | €71,760 | €210,412 | +€138,652 | +193% |
| Other amounts receivable | 41 | €3 | €1,501 | +€1,498 | +43,170% |
| Cash at bank and in hand | 54/58 | €267,378 | €400,963 | +€133,585 | +50.0% |
| Deferred charges and accrued income | 490/1 | €854 | €499 | -€356 | -41.6% |
| Total equity and liabilities | 10/49 | €868,499 | €1,169,746 | +€301,247 | +34.7% |
| Equity | 10/15 | €385,661 | €535,603 | +€149,942 | +38.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €367,061 | €517,003 | +€149,942 | +40.8% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Tax-exempt reserves | 132 | €32,250 | €32,250 | = | 0.0% |
| Distributable reserves | 133 | €332,951 | €484,753 | +€151,802 | +45.6% |
| Amounts payable | 17/49 | €482,838 | €634,143 | +€151,305 | +31.3% |
| Amounts payable after more than one year | 17 | €293,635 | €266,809 | -€26,827 | -9.1% |
| Financial debts | 170/4 | €293,635 | €266,809 | -€26,827 | -9.1% |
| Amounts payable within one year | 42/48 | €187,043 | €367,334 | +€180,291 | +96.4% |
| Current portion of amounts payable after more than one year | 42 | €26,098 | €26,827 | +€729 | +2.8% |
| Financial debts | 43 | €8,952 | €17,772 | +€8,819 | +98.5% |
| Credit institutions | 430/8 | €8,952 | €17,772 | +€8,819 | +98.5% |
| Trade debts | 44 | €89,645 | €225,245 | +€135,600 | +151% |
| Suppliers | 440/4 | €89,645 | €225,245 | +€135,600 | +151% |
| Advances received on contracts in progress | 46 | €9,151 | €5,223 | -€3,928 | -42.9% |
| Taxes, remuneration and social security | 45 | €49,684 | €92,267 | +€42,583 | +85.7% |
| Taxes | 450/3 | €42,696 | €82,810 | +€40,114 | +94.0% |
| Remuneration and social security | 454/9 | €6,988 | €9,457 | +€2,469 | +35.3% |
| Other amounts payable | 47/48 | €3,513 | - | -€3,513 | |
| Accrued charges and deferred income | 492/3 | €2,160 | - | -€2,160 | |
| Remuneration, social security and pensions | 62 | €21,313 | €55,202 | +€33,889 | +159% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,581 | €43,766 | +€1,185 | +2.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €5,997 | €17,939 | +€11,942 | +199% |
| Other operating charges | 640/8 | €4,750 | €5,079 | +€328 | +6.9% |
| Gross operating margin | 9900 | €103,826 | €356,055 | +€252,229 | +243% |
| Operating profit (loss) | 9901 | €29,184 | €234,069 | +€204,884 | +702% |
| Financial income | 75/76B | €55,218 | €9 | -€55,209 | -100.0% |
| Recurring financial income | 75 | €218 | €9 | -€209 | -95.7% |
| Non-recurring financial income | 76B | €55,000 | - | -€55,000 | |
| Financial charges | 65/66B | €11,564 | €11,080 | -€484 | -4.2% |
| Recurring financial charges | 65 | €11,564 | €11,080 | -€484 | -4.2% |
| Profit (loss) for the period before taxes | 9903 | €72,839 | €222,998 | +€150,159 | +206% |
| Income taxes | 67/77 | €16,352 | €73,056 | +€56,704 | +347% |
| Profit (loss) for the period | 9904 | €56,487 | €149,942 | +€93,455 | +165% |
| Profit (loss) for the period to be appropriated | 9905 | €56,487 | €149,942 | +€93,455 | +165% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.