KROEMMER: 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.
KROEMMER
Largest movements
- Receivables within one year +€47,935
up €47,935 (+8.5%), from €561,601 to €609,536
of which Trade receivables: +€47,956
- Cash -€17,556
down €17,556 (-87.3%), from €20,119 to €2,563
mainly Receivables within one year (-€47,935) and Trade debts (-€29,347)
- Short-term financial debts +€52,393
up €52,393 (+19232.5%), from €272 to €52,666
- Profit (loss) carried forward +€50,835
up €50,835 (+40.0%), from -€127,159 to -€76,324
- Trade debts -€29,347
down €29,347 (-21.3%), from €137,950 to €108,603
- Debts after one year -€21,025
down €21,025 (-40.5%), from €51,932 to €30,907
- Other debts -€14,915
down €14,915 (-4.3%), from €349,476 to €334,560
- Gross operating margin +€97,832
up €97,832 (+141.1%), from €69,334 to €167,166
- Staff costs -€25,915
down €25,915 (-27.4%), from €94,553 to €68,638
- Other operating charges +€12,720
up €12,720 (+584.3%), from €2,177 to €14,896
- Financial charges -€8,588
down €8,588 (-28.5%), from €30,137 to €21,549
- Provisions +€3,000
no longer reported in 2025 (was -€3,000)
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 | €1,254,526 | €1,284,972 | +€30,446 | +2.4% |
| Fixed assets | 21/28 | €27,175 | €20,536 | -€6,639 | -24.4% |
| Tangible fixed assets | 22/27 | €25,870 | €19,232 | -€6,639 | -25.7% |
| Land and buildings | 22 | €16,088 | €12,980 | -€3,108 | -19.3% |
| Plant, machinery and equipment | 23 | €1,537 | €901 | -€636 | -41.4% |
| Furniture and vehicles | 24 | €8,246 | €5,351 | -€2,895 | -35.1% |
| Financial fixed assets | 28 | €1,305 | €1,305 | = | 0.0% |
| Current assets | 29/58 | €1,227,351 | €1,264,436 | +€37,085 | +3.0% |
| Stocks and contracts in progress | 3 | €642,652 | €649,406 | +€6,754 | +1.1% |
| Stocks | 30/36 | €642,652 | €649,406 | +€6,754 | +1.1% |
| Amounts receivable within one year | 40/41 | €561,601 | €609,536 | +€47,935 | +8.5% |
| Trade receivables | 40 | €561,580 | €609,536 | +€47,956 | +8.5% |
| Other amounts receivable | 41 | €22 | - | -€22 | |
| Cash at bank and in hand | 54/58 | €20,119 | €2,563 | -€17,556 | -87.3% |
| Deferred charges and accrued income | 490/1 | €2,979 | €2,931 | -€48 | -1.6% |
| Total equity and liabilities | 10/49 | €1,254,526 | €1,284,972 | +€30,446 | +2.4% |
| Equity | 10/15 | €410,811 | €461,442 | +€50,631 | +12.3% |
| Contributions | 10/11 | €495,787 | €495,787 | = | 0.0% |
| Capital | 10 | €495,787 | €495,787 | = | 0.0% |
| Issued capital | 100 | €495,787 | €495,787 | = | 0.0% |
| Reserves | 13 | €41,514 | €41,514 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,636 | €6,636 | = | 0.0% |
| Legal reserve | 130 | €6,636 | €6,636 | = | 0.0% |
| Distributable reserves | 133 | €34,879 | €34,879 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€127,159 | -€76,324 | +€50,835 | +40.0% |
| Investment grants | 15 | €668 | €464 | -€204 | -30.5% |
| Amounts payable | 17/49 | €843,715 | €823,530 | -€20,185 | -2.4% |
| Amounts payable after more than one year | 17 | €51,932 | €30,907 | -€21,025 | -40.5% |
| Financial debts | 170/4 | €51,932 | €30,907 | -€21,025 | -40.5% |
| Amounts payable within one year | 42/48 | €785,415 | €785,405 | -€10 | 0.0% |
| Current portion of amounts payable after more than one year | 42 | €237,317 | €236,025 | -€1,292 | -0.5% |
| Financial debts | 43 | €272 | €52,666 | +€52,393 | +19232.5% |
| Credit institutions | 430/8 | €272 | €52,666 | +€52,393 | +19232.5% |
| Trade debts | 44 | €137,950 | €108,603 | -€29,347 | -21.3% |
| Suppliers | 440/4 | €137,950 | €108,603 | -€29,347 | -21.3% |
| Taxes, remuneration and social security | 45 | €60,399 | €53,551 | -€6,848 | -11.3% |
| Taxes | 450/3 | €29,702 | €27,828 | -€1,874 | -6.3% |
| Remuneration and social security | 454/9 | €30,697 | €25,723 | -€4,974 | -16.2% |
| Other amounts payable | 47/48 | €349,476 | €334,560 | -€14,915 | -4.3% |
| Accrued charges and deferred income | 492/3 | €6,368 | €7,218 | +€850 | +13.3% |
| Non-recurring operating income | 76A | €746 | €1,194 | +€449 | +60.2% |
| Remuneration, social security and pensions | 62 | €94,553 | €68,638 | -€25,915 | -27.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,641 | €9,679 | -€2,962 | -23.4% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€3,000 | - | +€3,000 | |
| Other operating charges | 640/8 | €2,177 | €14,896 | +€12,720 | +584.3% |
| Non-recurring operating charges | 66A | €528 | €1,780 | +€1,252 | +237.2% |
| Gross operating margin | 9900 | €69,334 | €167,166 | +€97,832 | +141.1% |
| Operating profit (loss) | 9901 | -€37,564 | €72,173 | +€109,737 | |
| Financial income | 75/76B | €231 | €211 | -€20 | -8.7% |
| Recurring financial income | 75 | €231 | €211 | -€20 | -8.7% |
| Financial charges | 65/66B | €30,137 | €21,549 | -€8,588 | -28.5% |
| Recurring financial charges | 65 | €30,137 | €21,549 | -€8,588 | -28.5% |
| Profit (loss) for the period before taxes | 9903 | -€67,470 | €50,835 | +€118,305 | |
| Profit (loss) for the period | 9904 | -€67,470 | €50,835 | +€118,305 | |
| Profit (loss) for the period to be appropriated | 9905 | -€67,470 | €50,835 | +€118,305 |
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 3 October 2026 via checked.be.