KRM: 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.
KRM
Largest movements
- Current investments +€50,000
up €50,000 (+9.0%), from €556,500 to €606,500
- Cash -€22,973
down €22,973 (-86.1%), from €26,676 to €3,703
mainly Current investments (-€50,000) and Trade debts (-€16,413)
- Tangible fixed assets -€20,167
down €20,167 (-28.4%), from €71,072 to €50,906
of which Furniture and vehicles: -€17,667
- Receivables within one year +€16,308
up €16,308 (+21.0%), from €77,667 to €93,975
of which Trade receivables: +€16,612
- Reserves +€30,072
up €30,072 (+5.6%), from €535,019 to €565,091
- Trade debts -€16,413
down €16,413 (-14.1%), from €116,424 to €100,011
- Other debts +€8,742
up €8,742 (+16.1%), from €54,136 to €62,878
- Financial income -€12,006
down €12,006 (-54.3%), from €22,119 to €10,113
- Gross operating margin +€8,725
up €8,725 (+18.9%), from €46,076 to €54,801
- Taxes -€2,878
down €2,878 (-24.3%), from €11,831 to €8,953
- Depreciation +€1,903
up €1,903 (+9.9%), from €19,141 to €21,044
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 | €731,915 | €755,083 | +€23,169 | +3.2% |
| Fixed assets | 21/28 | €71,072 | €50,906 | -€20,167 | -28.4% |
| Intangible fixed assets | 21 | €0 | - | -€0 | |
| Tangible fixed assets | 22/27 | €71,072 | €50,906 | -€20,167 | -28.4% |
| Plant, machinery and equipment | 23 | €20,000 | €17,500 | -€2,500 | -12.5% |
| Furniture and vehicles | 24 | €51,072 | €33,406 | -€17,667 | -34.6% |
| Current assets | 29/58 | €660,842 | €704,178 | +€43,335 | +6.6% |
| Amounts receivable within one year | 40/41 | €77,667 | €93,975 | +€16,308 | +21.0% |
| Trade receivables | 40 | €68,120 | €84,732 | +€16,612 | +24.4% |
| Other amounts receivable | 41 | €9,547 | €9,243 | -€303 | -3.2% |
| Current investments | 50/53 | €556,500 | €606,500 | +€50,000 | +9.0% |
| Cash at bank and in hand | 54/58 | €26,676 | €3,703 | -€22,973 | -86.1% |
| Total equity and liabilities | 10/49 | €731,915 | €755,083 | +€23,169 | +3.2% |
| Equity | 10/15 | €560,019 | €590,091 | +€30,072 | +5.4% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €535,019 | €565,091 | +€30,072 | +5.6% |
| Distributable reserves | 133 | €535,019 | €565,091 | +€30,072 | +5.6% |
| Amounts payable | 17/49 | €171,895 | €164,992 | -€6,903 | -4.0% |
| Amounts payable within one year | 42/48 | €171,895 | €164,963 | -€6,933 | -4.0% |
| Trade debts | 44 | €116,424 | €100,011 | -€16,413 | -14.1% |
| Suppliers | 440/4 | €116,424 | €100,011 | -€16,413 | -14.1% |
| Taxes, remuneration and social security | 45 | €1,335 | €2,074 | +€739 | +55.4% |
| Taxes | 450/3 | €1,335 | €2,074 | +€739 | +55.4% |
| Other amounts payable | 47/48 | €54,136 | €62,878 | +€8,742 | +16.1% |
| Accrued charges and deferred income | 492/3 | - | €29 | +€29 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,141 | €21,044 | +€1,903 | +9.9% |
| Other operating charges | 640/8 | €566 | €591 | +€25 | +4.4% |
| Gross operating margin | 9900 | €46,076 | €54,801 | +€8,725 | +18.9% |
| Operating profit (loss) | 9901 | €26,369 | €33,166 | +€6,797 | +25.8% |
| Financial income | 75/76B | €22,119 | €10,113 | -€12,006 | -54.3% |
| Recurring financial income | 75 | €22,119 | €10,113 | -€12,006 | -54.3% |
| Financial charges | 65/66B | €3,828 | €4,254 | +€426 | +11.1% |
| Recurring financial charges | 65 | €3,828 | €4,254 | +€426 | +11.1% |
| Profit (loss) for the period before taxes | 9903 | €44,659 | €39,025 | -€5,634 | -12.6% |
| Income taxes | 67/77 | €11,831 | €8,953 | -€2,878 | -24.3% |
| Profit (loss) for the period | 9904 | €32,828 | €30,072 | -€2,756 | -8.4% |
| Profit (loss) for the period to be appropriated | 9905 | €32,828 | €30,072 | -€2,756 | -8.4% |
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 17 October 2026 via checked.be.