Kroko: 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.
What changed
Kroko
NACE 13.960, Manufacture of textiles
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€1.6m
2024 · €1.8m-€218,176
Equity
€4.5m
2024 · €4.1m+€403,996
Cash
€1.1m
2024 · €983,988+€135,205
Balance sheet total
€8.4m
2024 · €8.0m+€430,092
Largest movements
Assets
- Current investments +€382,529
up €382,529 (+40.1%), from €953,284 to €1.3m
- Stocks and contracts -€191,426
down €191,426 (-8.0%), from €2.4m to €2.2m
- Receivables within one year +€166,982
up €166,982 (+5.7%), from €3.0m to €3.1m
of which Trade receivables: +€427,774
- Cash +€135,205
up €135,205 (+13.7%), from €983,988 to €1.1m
mainly Net result for the year (+€1.6m) and Trade debts (+€345,524)
Equity and liabilities
- Reserves +€403,996
up €403,996 (+10.1%), from €4.0m to €4.4m
of which Distributable reserves: +€403,996
- Trade debts +€345,524
up €345,524 (+42.2%), from €819,343 to €1.2m
- Short-term financial debts -€194,109
down €194,109 (-100%), from €194,109 to €0
Income statement
- Turnover +€589,335
up €589,335 (+4.0%), from €14.7m to €15.3m
- Services and other goods +€339,512
up €339,512 (+9.9%), from €3.4m to €3.8m
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.
Result 2024
€1.8m
Turnover
+€589,335
Other operating income
-€7,174
Goods and materials
+€73,836
Services and other goods
-€339,512
Staff costs
-€84,657
Depreciation
+€16,494
Write-downs
-€2,142
Other operating charges
+€32,297
Other operating items
-€401,983
Financial income
+€27,018
Financial charges
-€24,026
Taxes
-€97,663
Result 2025
€1.6m
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€2.1m
Investment
-€496,966
Financing
-€1.5m
Cash 2024
€983,988
From operations (derived)
+€2.1m
Net result for the year
+€1.6m
Depreciation
+€190,625
Stocks and contracts
+€191,426
Receivables within one year
-€166,982
Deferred charges and accrued income
-€12,989
Trade debts
+€345,524
Tax, wage and social debts
+€28,504
Other debts
-€68,644
Accrued charges and deferred income
+€15,738
Investment (derived)
-€496,966
Investment in fixed assets (net)
-€114,437
Current investments
-€382,529
Financing
-€1.5m
Debts after one year
-€34,351
Current portion of long-term debt
-€66,566
Short-term financial debts
-€194,109
Contributions, distributions and other
-€1.2m
Cash 2025
€1.1m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,950,227 | €8,380,319 | +€430,092 | +5.4% |
| Fixed assets | 21/28 | €645,966 | €569,779 | -€76,188 | -11.8% |
| Tangible fixed assets | 22/27 | €590,007 | €513,819 | -€76,188 | -12.9% |
| Plant, machinery and equipment | 23 | €482,724 | €419,157 | -€63,567 | -13.2% |
| Furniture and vehicles | 24 | €107,283 | €94,662 | -€12,621 | -11.8% |
| Financial fixed assets | 28 | €55,960 | €55,960 | = | 0.0% |
| Affiliated companies | 280/1 | €35,000 | €35,000 | = | 0.0% |
| Participating interests | 280 | €35,000 | €35,000 | = | 0.0% |
| Other financial fixed assets | 284/8 | €20,960 | €20,960 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €20,960 | €20,960 | = | 0.0% |
| Current assets | 29/58 | €7,304,261 | €7,810,540 | +€506,280 | +6.9% |
| Stocks and contracts in progress | 3 | €2,387,714 | €2,196,288 | -€191,426 | -8.0% |
| Stocks | 30/36 | €2,387,714 | €2,196,288 | -€191,426 | -8.0% |
| Raw materials and consumables | 30/31 | €1,956,362 | €1,741,498 | -€214,864 | -11.0% |
| Goods purchased for resale | 34 | €431,352 | €454,790 | +€23,438 | +5.4% |
| Amounts receivable within one year | 40/41 | €2,955,239 | €3,122,221 | +€166,982 | +5.7% |
| Trade receivables | 40 | €2,209,113 | €2,636,887 | +€427,774 | +19.4% |
| Other amounts receivable | 41 | €746,125 | €485,334 | -€260,791 | -35.0% |
| Current investments | 50/53 | €953,284 | €1,335,813 | +€382,529 | +40.1% |
| Other investments | 51/53 | €953,284 | €1,335,813 | +€382,529 | +40.1% |
| Cash at bank and in hand | 54/58 | €983,988 | €1,119,193 | +€135,205 | +13.7% |
| Deferred charges and accrued income | 490/1 | €24,036 | €37,025 | +€12,989 | +54.0% |
| Total equity and liabilities | 10/49 | €7,950,227 | €8,380,319 | +€430,092 | +5.4% |
| Equity | 10/15 | €4,051,420 | €4,455,417 | +€403,996 | +10.0% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €3,989,420 | €4,393,417 | +€403,996 | +10.1% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €22,000 | €22,000 | = | 0.0% |
| Distributable reserves | 133 | €3,961,221 | €4,365,217 | +€403,996 | +10.2% |
| Amounts payable | 17/49 | €3,898,807 | €3,924,903 | +€26,096 | +0.7% |
| Amounts payable after more than one year | 17 | €34,351 | €0 | -€34,351 | -100% |
| Financial debts | 170/4 | €34,351 | €0 | -€34,351 | -100% |
| Credit institutions | 173 | €34,351 | €0 | -€34,351 | -100% |
| Amounts payable within one year | 42/48 | €3,833,517 | €3,878,226 | +€44,709 | +1.2% |
| Current portion of amounts payable after more than one year | 42 | €100,917 | €34,351 | -€66,566 | -66.0% |
| Financial debts | 43 | €194,109 | €0 | -€194,109 | -100% |
| Credit institutions | 430/8 | €194,109 | €0 | -€194,109 | -100% |
| Trade debts | 44 | €819,343 | €1,164,867 | +€345,524 | +42.2% |
| Suppliers | 440/4 | €819,343 | €1,164,867 | +€345,524 | +42.2% |
| Taxes, remuneration and social security | 45 | €509,840 | €538,344 | +€28,504 | +5.6% |
| Taxes | 450/3 | €36,554 | €20,275 | -€16,279 | -44.5% |
| Remuneration and social security | 454/9 | €473,286 | €518,068 | +€44,783 | +9.5% |
| Other amounts payable | 47/48 | €2,209,308 | €2,140,663 | -€68,644 | -3.1% |
| Accrued charges and deferred income | 492/3 | €30,939 | €46,677 | +€15,738 | +50.9% |
| Operating income | 70/76A | €15,087,337 | €15,264,502 | +€177,165 | +1.2% |
| Turnover | 70 | €14,726,592 | €15,315,928 | +€589,335 | +4.0% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | €173,293 | -€214,864 | -€388,157 | |
| Other operating income | 74 | €170,613 | €163,439 | -€7,174 | -4.2% |
| Non-recurring operating income | 76A | €16,839 | €0 | -€16,839 | -100% |
| Operating charges | 60/66A | €13,060,033 | €13,360,703 | +€300,669 | +2.3% |
| Goods for resale, raw materials and consumables | 60 | €7,248,769 | €7,174,934 | -€73,836 | -1.0% |
| Purchases | 600/8 | €6,919,763 | €7,198,372 | +€278,609 | +4.0% |
| Change in stocks: decrease (increase) | 609 | €329,006 | -€23,438 | -€352,445 | |
| Services and other goods | 61 | €3,440,442 | €3,779,954 | +€339,512 | +9.9% |
| Remuneration, social security and pensions | 62 | €2,124,868 | €2,209,524 | +€84,657 | +4.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €207,118 | €190,625 | -€16,494 | -8.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €439 | €2,580 | +€2,142 | +488% |
| Other operating charges | 640/8 | €35,383 | €3,086 | -€32,297 | -91.3% |
| Non-recurring operating charges | 66A | €3,014 | €0 | -€3,014 | -100% |
| Operating profit (loss) | 9901 | €2,027,304 | €1,903,800 | -€123,504 | -6.1% |
| Financial income | 75/76B | €159,672 | €186,690 | +€27,018 | +16.9% |
| Recurring financial income | 75 | €159,672 | €186,690 | +€27,018 | +16.9% |
| Income from financial fixed assets | 750 | €80,191 | €67,138 | -€13,053 | -16.3% |
| Income from current assets | 751 | €20,114 | €51,404 | +€31,290 | +156% |
| Other financial income | 752/9 | €59,368 | €68,149 | +€8,781 | +14.8% |
| Financial charges | 65/66B | €136,162 | €160,188 | +€24,026 | +17.6% |
| Recurring financial charges | 65 | €136,162 | €160,188 | +€24,026 | +17.6% |
| Debt charges | 650 | €45,290 | €53,327 | +€8,037 | +17.7% |
| Other financial charges | 652/9 | €90,872 | €106,861 | +€15,989 | +17.6% |
| Profit (loss) for the period before taxes | 9903 | €2,050,814 | €1,930,302 | -€120,512 | -5.9% |
| Income taxes | 67/77 | €228,642 | €326,306 | +€97,663 | +42.7% |
| Taxes | 670/3 | €228,642 | €326,306 | +€97,663 | +42.7% |
| Tax adjustments and reversals of tax provisions | 77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | €1,822,172 | €1,603,996 | -€218,176 | -12.0% |
| Profit (loss) for the period to be appropriated | 9905 | €1,822,172 | €1,603,996 | -€218,176 | -12.0% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.