KROGHIMOR: 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.
KROGHIMOR
Largest movements
- Cash -€33,187
down €33,187 (-65.2%), from €50,916 to €17,730
mainly Investment in fixed assets (net) (-€22,736) and Other debts (-€18,721)
- Tangible fixed assets +€14,679
up €14,679 (+85.6%), from €17,150 to €31,830
of which Other tangible fixed assets: +€18,093
- Receivables within one year +€6,918
up €6,918 (+43.2%), from €16,008 to €22,926
of which Trade receivables: +€8,128
- Deferred charges and accrued income +€1,298
up €1,298 (+100.4%), from €1,293 to €2,591
- Other debts -€18,721
down €18,721 (-53.4%), from €35,081 to €16,360
- Reserves +€7,088
up €7,088 (+20.0%), from €35,467 to €42,555
- Tax, wage and social debts +€996
up €996 (+19.9%), from €4,994 to €5,990
of which Remuneration and social security: +€1,051
- Gross operating margin +€3,897
up €3,897 (+9.7%), from €40,077 to €43,974
- Staff costs +€2,482
up €2,482 (+41.4%), from €5,995 to €8,478
- Depreciation +€1,816
up €1,816 (+29.1%), from €6,241 to €8,057
- Taxes +€446
up €446 (+5.9%), from €7,558 to €8,004
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 | €86,179 | €75,888 | -€10,292 | -11.9% |
| Fixed assets | 21/28 | €17,961 | €32,641 | +€14,679 | +81.7% |
| Tangible fixed assets | 22/27 | €17,150 | €31,830 | +€14,679 | +85.6% |
| Furniture and vehicles | 24 | €17,150 | €13,737 | -€3,413 | -19.9% |
| Other tangible fixed assets | 26 | - | €18,093 | +€18,093 | |
| Financial fixed assets | 28 | €811 | €811 | = | 0.0% |
| Current assets | 29/58 | €68,218 | €43,247 | -€24,971 | -36.6% |
| Amounts receivable within one year | 40/41 | €16,008 | €22,926 | +€6,918 | +43.2% |
| Trade receivables | 40 | €14,799 | €22,926 | +€8,128 | +54.9% |
| Other amounts receivable | 41 | €1,210 | - | -€1,210 | |
| Cash at bank and in hand | 54/58 | €50,916 | €17,730 | -€33,187 | -65.2% |
| Deferred charges and accrued income | 490/1 | €1,293 | €2,591 | +€1,298 | +100.4% |
| Total equity and liabilities | 10/49 | €86,179 | €75,888 | -€10,292 | -11.9% |
| Equity | 10/15 | €43,727 | €50,815 | +€7,088 | +16.2% |
| Contributions | 10/11 | €8,260 | €8,260 | = | 0.0% |
| Reserves | 13 | €35,467 | €42,555 | +€7,088 | +20.0% |
| Distributable reserves | 133 | €35,467 | €42,555 | +€7,088 | +20.0% |
| Amounts payable | 17/49 | €42,452 | €25,073 | -€17,380 | -40.9% |
| Amounts payable within one year | 42/48 | €42,102 | €25,073 | -€17,030 | -40.4% |
| Trade debts | 44 | €2,027 | €2,723 | +€696 | +34.3% |
| Suppliers | 440/4 | €2,027 | €2,723 | +€696 | +34.3% |
| Taxes, remuneration and social security | 45 | €4,994 | €5,990 | +€996 | +19.9% |
| Taxes | 450/3 | €3,476 | €3,422 | -€55 | -1.6% |
| Remuneration and social security | 454/9 | €1,518 | €2,568 | +€1,051 | +69.2% |
| Other amounts payable | 47/48 | €35,081 | €16,360 | -€18,721 | -53.4% |
| Accrued charges and deferred income | 492/3 | €350 | - | -€350 | |
| Remuneration, social security and pensions | 62 | €5,995 | €8,478 | +€2,482 | +41.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,241 | €8,057 | +€1,816 | +29.1% |
| Other operating charges | 640/8 | €1,858 | €1,462 | -€396 | -21.3% |
| Gross operating margin | 9900 | €40,077 | €43,974 | +€3,897 | +9.7% |
| Operating profit (loss) | 9901 | €25,982 | €25,977 | -€5 | 0.0% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €749 | €885 | +€135 | +18.0% |
| Recurring financial charges | 65 | €608 | €458 | -€151 | -24.8% |
| Non-recurring financial charges | 66B | €141 | €427 | +€286 | +202.7% |
| Profit (loss) for the period before taxes | 9903 | €25,233 | €25,092 | -€141 | -0.6% |
| Income taxes | 67/77 | €7,558 | €8,004 | +€446 | +5.9% |
| Profit (loss) for the period | 9904 | €17,675 | €17,088 | -€587 | -3.3% |
| Profit (loss) for the period to be appropriated | 9905 | €17,675 | €17,088 | -€587 | -3.3% |
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 10 October 2026 via checked.be.