KRMG: 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.
KRMG
Largest movements
- Cash -€187,105
down €187,105 (-74.1%), from €252,347 to €65,242
mainly Contributions, distributions and other (-€135,807) and Current investments (-€100,000)
- Current investments +€100,000
new in 2025: €100,000
- Tangible fixed assets +€34,889
up €34,889 (+1158.4%), from €3,012 to €37,900
of which Furniture and vehicles: +€22,833
- Receivables within one year +€14,532
up €14,532 (+41531.1%), from €35 to €14,567
- Deferred charges and accrued income +€4,237
new in 2025: €4,237
- Reserves -€80,544
down €80,544 (-34.6%), from €232,700 to €152,156
- Other debts +€52,809
up €52,809 (+1607.4%), from €3,285 to €56,094
- Tax, wage and social debts -€5,315
down €5,315 (-36.1%), from €14,717 to €9,401
of which Taxes: -€2,915
- Gross operating margin -€33,342
down €33,342 (-31.0%), from €107,698 to €74,356
- Taxes -€8,472
down €8,472 (-34.5%), from €24,570 to €16,098
- Depreciation +€2,603
up €2,603 (+289.8%), from €898 to €3,501
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 | €255,394 | €221,946 | -€33,448 | -13.1% |
| Fixed assets | 21/28 | €3,012 | €37,900 | +€34,889 | +1158.4% |
| Tangible fixed assets | 22/27 | €3,012 | €37,900 | +€34,889 | +1158.4% |
| Land and buildings | 22 | €1,295 | €13,482 | +€12,187 | +941.0% |
| Plant, machinery and equipment | 23 | €604 | €472 | -€132 | -21.9% |
| Furniture and vehicles | 24 | €1,113 | €23,946 | +€22,833 | +2051.4% |
| Current assets | 29/58 | €252,382 | €184,046 | -€68,336 | -27.1% |
| Amounts receivable within one year | 40/41 | €35 | €14,567 | +€14,532 | +41531.1% |
| Trade receivables | 40 | €35 | €14,567 | +€14,532 | +41531.1% |
| Current investments | 50/53 | - | €100,000 | +€100,000 | |
| Cash at bank and in hand | 54/58 | €252,347 | €65,242 | -€187,105 | -74.1% |
| Deferred charges and accrued income | 490/1 | - | €4,237 | +€4,237 | |
| Total equity and liabilities | 10/49 | €255,394 | €221,946 | -€33,448 | -13.1% |
| Equity | 10/15 | €236,700 | €156,156 | -€80,544 | -34.0% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €232,700 | €152,156 | -€80,544 | -34.6% |
| Distributable reserves | 133 | €232,700 | €152,156 | -€80,544 | -34.6% |
| Amounts payable | 17/49 | €18,694 | €65,790 | +€47,097 | +251.9% |
| Amounts payable within one year | 42/48 | €18,694 | €65,790 | +€47,097 | +251.9% |
| Trade debts | 44 | €692 | €295 | -€397 | -57.4% |
| Suppliers | 440/4 | €692 | €295 | -€397 | -57.4% |
| Taxes, remuneration and social security | 45 | €14,717 | €9,401 | -€5,315 | -36.1% |
| Taxes | 450/3 | €12,317 | €9,401 | -€2,915 | -23.7% |
| Remuneration and social security | 454/9 | €2,400 | - | -€2,400 | |
| Other amounts payable | 47/48 | €3,285 | €56,094 | +€52,809 | +1607.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €898 | €3,501 | +€2,603 | +289.8% |
| Other operating charges | 640/8 | €765 | €900 | +€135 | +17.7% |
| Gross operating margin | 9900 | €107,698 | €74,356 | -€33,342 | -31.0% |
| Operating profit (loss) | 9901 | €106,035 | €69,956 | -€36,080 | -34.0% |
| Financial income | 75/76B | €1,447 | €1,785 | +€338 | +23.4% |
| Recurring financial income | 75 | €1,447 | €1,785 | +€338 | +23.4% |
| Financial charges | 65/66B | €682 | €381 | -€301 | -44.1% |
| Recurring financial charges | 65 | €682 | €381 | -€301 | -44.1% |
| Profit (loss) for the period before taxes | 9903 | €106,801 | €71,360 | -€35,441 | -33.2% |
| Income taxes | 67/77 | €24,570 | €16,098 | -€8,472 | -34.5% |
| Profit (loss) for the period | 9904 | €82,231 | €55,262 | -€26,969 | -32.8% |
| Profit (loss) for the period to be appropriated | 9905 | €82,231 | €55,262 | -€26,969 | -32.8% |
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 12 October 2026 via checked.be.