KROLEON: 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.
KROLEON
Largest movements
- Receivables within one year -€180,287
down €180,287 (-87.6%), from €205,856 to €25,569
of which Trade receivables: -€121,398
- Tangible fixed assets -€66,180
down €66,180 (-2.4%), from €2.8m to €2.7m
of which Land and buildings: -€58,813
- Deferred charges and accrued income +€37,462
up €37,462 (+17,729%), from €211 to €37,674
- Cash +€32,134
up €32,134 (+596%), from €5,388 to €37,521
mainly Contributions, distributions and other (+€300,000) and Receivables within one year (+€180,287)
- Profit (loss) carried forward +€4.2m
up €4.2m (+99.3%), from -€4.2m to -€29,793
- Contributions -€3.9m
down €3.9m (-86.7%), from €4.5m to €600,000
- Debts after one year -€372,369
down €372,369 (-17.0%), from €2.2m to €1.8m
- Other debts -€106,039
down €106,039 (-23.7%), from €447,499 to €341,460
- Gross operating margin +€24,581
up €24,581 (+15.7%), from €156,177 to €180,758
- Financial income +€10,857
up €10,857 (+5,814%), from €187 to €11,043
of which Non-recurring financial income: +€11,043
- Other operating charges +€4,347
up €4,347 (+89.8%), from €4,838 to €9,185
- Financial charges -€3,386
down €3,386 (-4.3%), from €77,853 to €74,467
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,995,164 | €2,806,681 | -€188,483 | -6.3% |
| Fixed assets | 21/28 | €2,758,708 | €2,692,528 | -€66,180 | -2.4% |
| Tangible fixed assets | 22/27 | €2,758,708 | €2,692,528 | -€66,180 | -2.4% |
| Land and buildings | 22 | €2,745,532 | €2,686,718 | -€58,813 | -2.1% |
| Plant, machinery and equipment | 23 | €3,498 | €3,318 | -€180 | -5.1% |
| Furniture and vehicles | 24 | €9,679 | €2,492 | -€7,187 | -74.3% |
| Current assets | 29/58 | €236,456 | €114,153 | -€122,303 | -51.7% |
| Amounts receivable after more than one year | 29 | €25,000 | - | -€25,000 | |
| Trade receivables | 290 | €25,000 | - | -€25,000 | |
| Amounts receivable within one year | 40/41 | €205,856 | €25,569 | -€180,287 | -87.6% |
| Trade receivables | 40 | €146,963 | €25,565 | -€121,398 | -82.6% |
| Other amounts receivable | 41 | €58,893 | €4 | -€58,889 | -100.0% |
| Current investments | 50/53 | - | €13,388 | +€13,388 | |
| Cash at bank and in hand | 54/58 | €5,388 | €37,521 | +€32,134 | +596% |
| Deferred charges and accrued income | 490/1 | €211 | €37,674 | +€37,462 | +17,729% |
| Total equity and liabilities | 10/49 | €2,995,164 | €2,806,681 | -€188,483 | -6.3% |
| Equity | 10/15 | €265,107 | €572,343 | +€307,237 | +116% |
| Contributions | 10/11 | €4,500,000 | €600,000 | -€3.9m | -86.7% |
| Capital | 10 | €4,500,000 | €600,000 | -€3.9m | -86.7% |
| Issued capital | 100 | €4,500,000 | €600,000 | -€3.9m | -86.7% |
| Reserves | 13 | €2,137 | €2,137 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,137 | €2,137 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,137 | €2,137 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,237,030 | -€29,793 | +€4.2m | +99.3% |
| Amounts payable | 17/49 | €2,730,057 | €2,234,337 | -€495,720 | -18.2% |
| Amounts payable after more than one year | 17 | €2,188,121 | €1,815,752 | -€372,369 | -17.0% |
| Financial debts | 170/4 | €2,188,121 | €1,815,752 | -€372,369 | -17.0% |
| Amounts payable within one year | 42/48 | €541,937 | €418,580 | -€123,357 | -22.8% |
| Current portion of amounts payable after more than one year | 42 | €68,593 | €72,369 | +€3,775 | +5.5% |
| Trade debts | 44 | €8,272 | €3,573 | -€4,699 | -56.8% |
| Suppliers | 440/4 | €8,272 | €3,573 | -€4,699 | -56.8% |
| Taxes, remuneration and social security | 45 | €17,572 | €1,179 | -€16,393 | -93.3% |
| Taxes | 450/3 | €17,572 | €1,179 | -€16,393 | -93.3% |
| Other amounts payable | 47/48 | €447,499 | €341,460 | -€106,039 | -23.7% |
| Accrued charges and deferred income | 492/3 | - | €5 | +€5 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €68,301 | €67,485 | -€816 | -1.2% |
| Other operating charges | 640/8 | €4,838 | €9,185 | +€4,347 | +89.8% |
| Non-recurring operating charges | 66A | - | €32,849 | +€32,849 | |
| Gross operating margin | 9900 | €156,177 | €180,758 | +€24,581 | +15.7% |
| Operating profit (loss) | 9901 | €83,038 | €71,240 | -€11,798 | -14.2% |
| Financial income | 75/76B | €187 | €11,043 | +€10,857 | +5,814% |
| Recurring financial income | 75 | €187 | €11,043 | +€10,857 | +5,814% |
| Non-recurring financial income | 76B | - | €11,043 | +€11,043 | |
| Financial charges | 65/66B | €77,853 | €74,467 | -€3,386 | -4.3% |
| Recurring financial charges | 65 | €77,853 | €74,467 | -€3,386 | -4.3% |
| Profit (loss) for the period before taxes | 9903 | €5,371 | €7,815 | +€2,444 | +45.5% |
| Income taxes | 67/77 | €508 | €579 | +€70 | +13.9% |
| Profit (loss) for the period | 9904 | €4,863 | €7,237 | +€2,374 | +48.8% |
| Profit (loss) for the period to be appropriated | 9905 | €4,863 | €7,237 | +€2,374 | +48.8% |
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 15 October 2026 via checked.be.