KRLD: 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.
KRLD
Largest movements
- Current investments -€46,549
down €46,549 (-5.8%), from €805,363 to €758,814
- Tangible fixed assets -€27,127
down €27,127 (-34.9%), from €77,650 to €50,524
of which Furniture and vehicles: -€25,289
- Cash +€16,723
up €16,723 (+18.4%), from €91,082 to €107,805
mainly Net result for the year (+€73,225) and Current investments (+€46,549)
- Other debts -€40,498
down €40,498 (-8.4%), from €479,603 to €439,105
- Financial income -€4,412
down €4,412 (-47.1%), from €9,360 to €4,948
- Gross operating margin +€4,165
up €4,165 (+2.8%), from €147,171 to €151,336
- Financial charges +€2,825
up €2,825 (+13.0%), from €21,795 to €24,620
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 | €1,035,349 | €996,816 | -€38,533 | -3.7% |
| Fixed assets | 21/28 | €77,650 | €50,524 | -€27,127 | -34.9% |
| Tangible fixed assets | 22/27 | €77,650 | €50,524 | -€27,127 | -34.9% |
| Plant, machinery and equipment | 23 | €9,492 | €7,655 | -€1,838 | -19.4% |
| Furniture and vehicles | 24 | €68,158 | €42,869 | -€25,289 | -37.1% |
| Current assets | 29/58 | €957,698 | €946,292 | -€11,406 | -1.2% |
| Amounts receivable within one year | 40/41 | €16,138 | €25,883 | +€9,744 | +60.4% |
| Trade receivables | 40 | €3,266 | €0 | -€3,266 | -100.0% |
| Other amounts receivable | 41 | €12,873 | €25,883 | +€13,010 | +101.1% |
| Current investments | 50/53 | €805,363 | €758,814 | -€46,549 | -5.8% |
| Cash at bank and in hand | 54/58 | €91,082 | €107,805 | +€16,723 | +18.4% |
| Deferred charges and accrued income | 490/1 | €45,115 | €53,791 | +€8,676 | +19.2% |
| Total equity and liabilities | 10/49 | €1,035,349 | €996,816 | -€38,533 | -3.7% |
| Equity | 10/15 | €543,930 | €538,707 | -€5,222 | -1.0% |
| Contributions | 10/11 | €55,800 | €55,800 | = | 0.0% |
| Reserves | 13 | €488,130 | €482,907 | -€5,222 | -1.1% |
| Distributable reserves | 133 | €488,130 | €482,907 | -€5,222 | -1.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €491,419 | €458,109 | -€33,310 | -6.8% |
| Amounts payable within one year | 42/48 | €491,419 | €458,109 | -€33,310 | -6.8% |
| Trade debts | 44 | €3,194 | €9,502 | +€6,308 | +197.5% |
| Suppliers | 440/4 | €3,194 | €9,502 | +€6,308 | +197.5% |
| Taxes, remuneration and social security | 45 | €8,622 | €9,502 | +€880 | +10.2% |
| Taxes | 450/3 | €8,622 | €9,502 | +€880 | +10.2% |
| Other amounts payable | 47/48 | €479,603 | €439,105 | -€40,498 | -8.4% |
| Remuneration, social security and pensions | 62 | €1,831 | €1,890 | +€59 | +3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,560 | €27,127 | +€567 | +2.1% |
| Other operating charges | 640/8 | €798 | €948 | +€150 | +18.8% |
| Gross operating margin | 9900 | €147,171 | €151,336 | +€4,165 | +2.8% |
| Operating profit (loss) | 9901 | €117,982 | €121,372 | +€3,389 | +2.9% |
| Financial income | 75/76B | €9,360 | €4,948 | -€4,412 | -47.1% |
| Recurring financial income | 75 | €9,360 | €4,948 | -€4,412 | -47.1% |
| Financial charges | 65/66B | €21,795 | €24,620 | +€2,825 | +13.0% |
| Recurring financial charges | 65 | €21,795 | €24,620 | +€2,825 | +13.0% |
| Profit (loss) for the period before taxes | 9903 | €105,548 | €101,700 | -€3,848 | -3.6% |
| Income taxes | 67/77 | €29,713 | €28,474 | -€1,238 | -4.2% |
| Profit (loss) for the period | 9904 | €75,835 | €73,225 | -€2,610 | -3.4% |
| Profit (loss) for the period to be appropriated | 9905 | €75,835 | €73,225 | -€2,610 | -3.4% |
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 29 September 2026 via checked.be.