KROKODIL 16: 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.
KROKODIL 16
Largest movements
- Receivables within one year +€17,020
up €17,020 (+75.6%), from €22,499 to €39,520
- Tangible fixed assets +€5,890
up €5,890 (+125%), from €4,696 to €10,586
- Cash +€4,082
up €4,082 (+5.8%), from €70,698 to €74,779
mainly Net result for the year (+€14,013) and Trade debts (+€4,954)
- Stocks and contracts -€2,079
down €2,079 (-79.0%), from €2,631 to €553
- Deferred charges and accrued income -€1,770
no longer reported in 2024 (was €1,770)
- Profit (loss) carried forward +€14,013
up €14,013 (+21.8%), from €64,222 to €78,235
- Trade debts +€4,954
up €4,954 (+29.7%), from €16,700 to €21,654
- Current portion of long-term debt +€2,571
up €2,571 (+88.3%), from €2,912 to €5,483
- Tax, wage and social debts +€1,605
new in 2024: €1,605
- Taxes -€3,707
no longer reported in 2024 (was €3,707)
- Staff costs -€2,652
down €2,652 (-8.5%), from €31,099 to €28,447
- Depreciation -€2,434
down €2,434 (-43.9%), from €5,544 to €3,110
- Gross operating margin -€1,146
down €1,146 (-2.2%), from €51,165 to €50,019
- Financial charges +€556
up €556 (+38.6%), from €1,441 to €1,997
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €104,295 | €127,438 | +€23,143 | +22.2% |
| Fixed assets | 21/28 | €6,696 | €12,586 | +€5,890 | +88.0% |
| Tangible fixed assets | 22/27 | €4,696 | €10,586 | +€5,890 | +125% |
| Furniture and vehicles | 24 | €4,696 | €10,586 | +€5,890 | +125% |
| Financial fixed assets | 28 | €2,000 | €2,000 | = | 0.0% |
| Current assets | 29/58 | €97,598 | €114,852 | +€17,253 | +17.7% |
| Stocks and contracts in progress | 3 | €2,631 | €553 | -€2,079 | -79.0% |
| Stocks | 30/36 | €2,631 | €553 | -€2,079 | -79.0% |
| Amounts receivable within one year | 40/41 | €22,499 | €39,520 | +€17,020 | +75.6% |
| Other amounts receivable | 41 | €22,499 | €39,520 | +€17,020 | +75.6% |
| Cash at bank and in hand | 54/58 | €70,698 | €74,779 | +€4,082 | +5.8% |
| Deferred charges and accrued income | 490/1 | €1,770 | - | -€1,770 | |
| Total equity and liabilities | 10/49 | €104,295 | €127,438 | +€23,143 | +22.2% |
| Equity | 10/15 | €84,682 | €98,695 | +€14,013 | +16.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €64,222 | €78,235 | +€14,013 | +21.8% |
| Amounts payable | 17/49 | €19,612 | €28,742 | +€9,130 | +46.6% |
| Amounts payable within one year | 42/48 | €19,612 | €28,742 | +€9,130 | +46.6% |
| Current portion of amounts payable after more than one year | 42 | €2,912 | €5,483 | +€2,571 | +88.3% |
| Trade debts | 44 | €16,700 | €21,654 | +€4,954 | +29.7% |
| Suppliers | 440/4 | €16,700 | €21,654 | +€4,954 | +29.7% |
| Taxes, remuneration and social security | 45 | - | €1,605 | +€1,605 | |
| Remuneration and social security | 454/9 | - | €1,605 | +€1,605 | |
| Remuneration, social security and pensions | 62 | €31,099 | €28,447 | -€2,652 | -8.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,544 | €3,110 | -€2,434 | -43.9% |
| Other operating charges | 640/8 | €2,166 | €2,540 | +€374 | +17.3% |
| Gross operating margin | 9900 | €51,165 | €50,019 | -€1,146 | -2.2% |
| Operating profit (loss) | 9901 | €12,356 | €15,922 | +€3,565 | +28.9% |
| Financial income | 75/76B | €34 | €88 | +€54 | +159% |
| Recurring financial income | 75 | €34 | €88 | +€54 | +159% |
| Financial charges | 65/66B | €1,441 | €1,997 | +€556 | +38.6% |
| Recurring financial charges | 65 | €1,441 | €1,997 | +€556 | +38.6% |
| Profit (loss) for the period before taxes | 9903 | €10,949 | €14,013 | +€3,064 | +28.0% |
| Income taxes | 67/77 | €3,707 | - | -€3,707 | |
| Profit (loss) for the period | 9904 | €7,242 | €14,013 | +€6,771 | +93.5% |
| Profit (loss) for the period to be appropriated | 9905 | €7,242 | €14,013 | +€6,771 | +93.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.