KRKTR: 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.
KRKTR
Largest movements
- Stocks and contracts -€86,488
down €86,488 (-11.0%), from €785,781 to €699,293
of which Stocks: -€171,114
- Receivables within one year +€42,386
up €42,386 (+361.1%), from €11,739 to €54,125
of which Trade receivables: +€46,441
- Tangible fixed assets +€24,878
new in 2025: €24,878
- Cash -€13,904
down €13,904 (-65.3%), from €21,297 to €7,394
mainly Short-term financial debts (-€270,000) and Receivables within one year (-€42,386)
- Short-term financial debts -€270,000
down €270,000 (-65.0%), from €415,520 to €145,520
- Debts after one year +€100,000
up €100,000 (+33.3%), from €300,000 to €400,000
- Reserves +€49,006
new in 2025: €49,006
- Trade debts +€40,474
up €40,474 (+193.6%), from €20,908 to €61,382
- Profit (loss) carried forward +€38,677
up €38,677, from -€38,677 to €0
- Gross operating margin +€143,138
up €143,138, from -€37,768 to €105,370
- Taxes +€16,793
new in 2025: €16,793
- Financial income +€1,694
up €1,694 (+561.6%), from €302 to €1,996
- Depreciation +€1,152
new in 2025: €1,152
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.
Cash bridge derived
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 | €819,172 | €786,044 | -€33,128 | -4.0% |
| Fixed assets | 21/28 | - | €24,878 | +€24,878 | |
| Tangible fixed assets | 22/27 | - | €24,878 | +€24,878 | |
| Furniture and vehicles | 24 | - | €24,878 | +€24,878 | |
| Current assets | 29/58 | €819,172 | €761,166 | -€58,006 | -7.1% |
| Stocks and contracts in progress | 3 | €785,781 | €699,293 | -€86,488 | -11.0% |
| Stocks | 30/36 | €785,781 | €614,667 | -€171,114 | -21.8% |
| Contracts in progress | 37 | - | €84,626 | +€84,626 | |
| Amounts receivable within one year | 40/41 | €11,739 | €54,125 | +€42,386 | +361.1% |
| Trade receivables | 40 | - | €46,441 | +€46,441 | |
| Other amounts receivable | 41 | €11,739 | €7,684 | -€4,055 | -34.5% |
| Cash at bank and in hand | 54/58 | €21,297 | €7,394 | -€13,904 | -65.3% |
| Deferred charges and accrued income | 490/1 | €354 | €354 | = | 0.0% |
| Total equity and liabilities | 10/49 | €819,172 | €786,044 | -€33,128 | -4.0% |
| Equity | 10/15 | -€28,677 | €59,006 | +€87,683 | |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | - | €49,006 | +€49,006 | |
| Distributable reserves | 133 | - | €49,006 | +€49,006 | |
| Profit (loss) carried forward | 14 | -€38,677 | €0 | +€38,677 | |
| Amounts payable | 17/49 | €847,849 | €727,038 | -€120,810 | -14.2% |
| Amounts payable after more than one year | 17 | €300,000 | €400,000 | +€100,000 | +33.3% |
| Financial debts | 170/4 | €300,000 | €400,000 | +€100,000 | +33.3% |
| Amounts payable within one year | 42/48 | €540,258 | €321,038 | -€219,220 | -40.6% |
| Financial debts | 43 | €415,520 | €145,520 | -€270,000 | -65.0% |
| Credit institutions | 430/8 | €415,520 | €145,520 | -€270,000 | -65.0% |
| Trade debts | 44 | €20,908 | €61,382 | +€40,474 | +193.6% |
| Suppliers | 440/4 | €20,908 | €61,382 | +€40,474 | +193.6% |
| Taxes, remuneration and social security | 45 | €3,825 | €16,793 | +€12,968 | +339.0% |
| Taxes | 450/3 | €3,825 | €16,793 | +€12,968 | +339.0% |
| Other amounts payable | 47/48 | €100,005 | €97,343 | -€2,662 | -2.7% |
| Accrued charges and deferred income | 492/3 | €7,590 | €6,000 | -€1,590 | -20.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,152 | +€1,152 | |
| Other operating charges | 640/8 | €890 | €520 | -€370 | -41.6% |
| Gross operating margin | 9900 | -€37,768 | €105,370 | +€143,138 | |
| Operating profit (loss) | 9901 | -€38,658 | €103,698 | +€142,356 | |
| Financial income | 75/76B | €302 | €1,996 | +€1,694 | +561.6% |
| Recurring financial income | 75 | €302 | €1,996 | +€1,694 | +561.6% |
| Financial charges | 65/66B | €321 | €1,219 | +€898 | +280.0% |
| Recurring financial charges | 65 | €321 | €1,219 | +€898 | +280.0% |
| Profit (loss) for the period before taxes | 9903 | -€38,677 | €104,476 | +€143,152 | |
| Income taxes | 67/77 | - | €16,793 | +€16,793 | |
| Profit (loss) for the period | 9904 | -€38,677 | €87,683 | +€126,359 | |
| Profit (loss) for the period to be appropriated | 9905 | -€38,677 | €87,683 | +€126,359 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.