KRIWIMMO: 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.
KRIWIMMO
Largest movements
- Cash -€11,196
down €11,196 (-23.3%), from €47,954 to €36,758
mainly Tax, wage and social debts (-€15,030) and Other debts (-€14,962)
- Tangible fixed assets -€7,746
down €7,746 (-56.4%), from €13,743 to €5,997
of which Plant, machinery and equipment: -€6,578
- Receivables within one year +€3,325
up €3,325 (+178%), from €1,865 to €5,190
of which Trade receivables: +€4,854
- Deferred charges and accrued income -€705
down €705 (-66.3%), from €1,062 to €358
- Tax, wage and social debts -€15,030
down €15,030 (-40.4%), from €37,188 to €22,157
of which Remuneration and social security: -€11,877
- Other debts -€14,962
down €14,962 (-78.8%), from €18,994 to €4,031
- Profit (loss) carried forward +€13,953
up €13,953 (+78.5%), from -€17,781 to -€3,827
- Current portion of long-term debt -€3,424
no longer reported in 2025 (was €3,424)
- Trade debts +€1,895
up €1,895 (+81.0%), from €2,340 to €4,234
- Gross operating margin -€10,235
down €10,235 (-8.3%), from €124,054 to €113,819
- Taxes +€9,096
up €9,096, from -€232 to €8,864
- Staff costs -€7,265
down €7,265 (-8.5%), from €85,085 to €77,820
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 | €64,624 | €48,303 | -€16,321 | -25.3% |
| Fixed assets | 21/28 | €13,743 | €5,997 | -€7,746 | -56.4% |
| Tangible fixed assets | 22/27 | €13,743 | €5,997 | -€7,746 | -56.4% |
| Plant, machinery and equipment | 23 | €10,052 | €3,474 | -€6,578 | -65.4% |
| Furniture and vehicles | 24 | €3,292 | €2,515 | -€777 | -23.6% |
| Other tangible fixed assets | 26 | €399 | €9 | -€391 | -97.8% |
| Current assets | 29/58 | €50,881 | €42,305 | -€8,576 | -16.9% |
| Amounts receivable within one year | 40/41 | €1,865 | €5,190 | +€3,325 | +178% |
| Trade receivables | 40 | €335 | €5,190 | +€4,854 | +1,449% |
| Other amounts receivable | 41 | €1,529 | - | -€1,529 | |
| Cash at bank and in hand | 54/58 | €47,954 | €36,758 | -€11,196 | -23.3% |
| Deferred charges and accrued income | 490/1 | €1,062 | €358 | -€705 | -66.3% |
| Total equity and liabilities | 10/49 | €64,624 | €48,303 | -€16,321 | -25.3% |
| Equity | 10/15 | €2,679 | €16,633 | +€13,953 | +521% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,781 | -€3,827 | +€13,953 | +78.5% |
| Amounts payable | 17/49 | €61,945 | €31,670 | -€30,275 | -48.9% |
| Amounts payable within one year | 42/48 | €61,945 | €31,670 | -€30,275 | -48.9% |
| Current portion of amounts payable after more than one year | 42 | €3,424 | - | -€3,424 | |
| Trade debts | 44 | €2,340 | €4,234 | +€1,895 | +81.0% |
| Suppliers | 440/4 | €2,340 | €4,234 | +€1,895 | +81.0% |
| Advances received on contracts in progress | 46 | - | €1,247 | +€1,247 | |
| Taxes, remuneration and social security | 45 | €37,188 | €22,157 | -€15,030 | -40.4% |
| Taxes | 450/3 | €16,011 | €12,858 | -€3,154 | -19.7% |
| Remuneration and social security | 454/9 | €21,176 | €9,300 | -€11,877 | -56.1% |
| Other amounts payable | 47/48 | €18,994 | €4,031 | -€14,962 | -78.8% |
| Remuneration, social security and pensions | 62 | €85,085 | €77,820 | -€7,265 | -8.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,061 | €9,171 | -€890 | -8.8% |
| Other operating charges | 640/8 | €2,481 | €3,447 | +€966 | +39.0% |
| Gross operating margin | 9900 | €124,054 | €113,819 | -€10,235 | -8.3% |
| Operating profit (loss) | 9901 | €26,428 | €23,381 | -€3,046 | -11.5% |
| Financial charges | 65/66B | €786 | €564 | -€222 | -28.2% |
| Recurring financial charges | 65 | €786 | €564 | -€222 | -28.2% |
| Profit (loss) for the period before taxes | 9903 | €25,642 | €22,817 | -€2,825 | -11.0% |
| Income taxes | 67/77 | -€232 | €8,864 | +€9,096 | |
| Profit (loss) for the period | 9904 | €25,874 | €13,953 | -€11,921 | -46.1% |
| Profit (loss) for the period to be appropriated | 9905 | €25,874 | €13,953 | -€11,921 | -46.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.