KROMVELDE: 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.
KROMVELDE
Largest movements
- Receivables within one year +€93,844
up €93,844 (+77.0%), from €121,833 to €215,676
of which Trade receivables: +€91,342
- Tangible fixed assets +€48,129
up €48,129 (+4.7%), from €1.0m to €1.1m
of which Plant, machinery and equipment: +€105,096
- Current investments +€45,000
up €45,000 (+90.0%), from €50,000 to €95,000
- Reserves +€113,900
up €113,900 (+24.7%), from €461,200 to €575,100
- Debts after one year +€49,753
up €49,753 (+13.0%), from €381,414 to €431,167
- Trade debts +€47,680
up €47,680 (+17.7%), from €269,150 to €316,829
- Gross operating margin +€35,967
up €35,967 (+14.0%), from €257,066 to €293,033
- Depreciation +€13,435
up €13,435 (+13.4%), from €100,382 to €113,817
- Financial income +€10,367
up €10,367 (+414%), from €2,503 to €12,871
- Financial charges +€7,031
up €7,031 (+51.3%), from €13,701 to €20,731
- Taxes +€5,159
up €5,159 (+12.6%), from €41,050 to €46,209
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 | €1,660,352 | €1,848,512 | +€188,160 | +11.3% |
| Fixed assets | 21/28 | €1,041,595 | €1,083,509 | +€41,914 | +4.0% |
| Tangible fixed assets | 22/27 | €1,022,953 | €1,071,082 | +€48,129 | +4.7% |
| Land and buildings | 22 | €829,514 | €783,232 | -€46,283 | -5.6% |
| Plant, machinery and equipment | 23 | €107,265 | €212,361 | +€105,096 | +98.0% |
| Furniture and vehicles | 24 | €11,525 | €8,379 | -€3,145 | -27.3% |
| Leasing and similar rights | 25 | €74,649 | €67,110 | -€7,539 | -10.1% |
| Financial fixed assets | 28 | €18,642 | €12,427 | -€6,215 | -33.3% |
| Current assets | 29/58 | €618,757 | €765,003 | +€146,246 | +23.6% |
| Stocks and contracts in progress | 3 | €274,500 | €265,945 | -€8,555 | -3.1% |
| Stocks | 30/36 | €274,500 | €265,945 | -€8,555 | -3.1% |
| Amounts receivable within one year | 40/41 | €121,833 | €215,676 | +€93,844 | +77.0% |
| Trade receivables | 40 | €86,026 | €177,368 | +€91,342 | +106% |
| Other amounts receivable | 41 | €35,806 | €38,309 | +€2,502 | +7.0% |
| Current investments | 50/53 | €50,000 | €95,000 | +€45,000 | +90.0% |
| Cash at bank and in hand | 54/58 | €162,749 | €177,576 | +€14,828 | +9.1% |
| Deferred charges and accrued income | 490/1 | €9,675 | €10,805 | +€1,130 | +11.7% |
| Total equity and liabilities | 10/49 | €1,660,352 | €1,848,512 | +€188,160 | +11.3% |
| Equity | 10/15 | €841,135 | €944,657 | +€103,522 | +12.3% |
| Contributions | 10/11 | €320,000 | €320,000 | = | 0.0% |
| Reserves | 13 | €461,200 | €575,100 | +€113,900 | +24.7% |
| Distributable reserves | 133 | €461,200 | €575,100 | +€113,900 | +24.7% |
| Profit (loss) carried forward | 14 | €10 | €41 | +€31 | +319% |
| Investment grants | 15 | €59,925 | €49,516 | -€10,409 | -17.4% |
| Amounts payable | 17/49 | €819,217 | €903,856 | +€84,638 | +10.3% |
| Amounts payable after more than one year | 17 | €381,414 | €431,167 | +€49,753 | +13.0% |
| Financial debts | 170/4 | €381,414 | €431,167 | +€49,753 | +13.0% |
| Amounts payable within one year | 42/48 | €437,803 | €468,939 | +€31,135 | +7.1% |
| Current portion of amounts payable after more than one year | 42 | €126,646 | €110,958 | -€15,688 | -12.4% |
| Financial debts | 43 | €12,453 | €17,409 | +€4,956 | +39.8% |
| Credit institutions | 430/8 | €12,453 | €17,409 | +€4,956 | +39.8% |
| Trade debts | 44 | €269,150 | €316,829 | +€47,680 | +17.7% |
| Suppliers | 440/4 | €269,150 | €316,829 | +€47,680 | +17.7% |
| Taxes, remuneration and social security | 45 | €29,554 | €22,555 | -€7,000 | -23.7% |
| Taxes | 450/3 | €29,554 | €22,555 | -€7,000 | -23.7% |
| Other amounts payable | 47/48 | €0 | €1,188 | +€1,188 | |
| Accrued charges and deferred income | 492/3 | - | €3,750 | +€3,750 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €100,382 | €113,817 | +€13,435 | +13.4% |
| Other operating charges | 640/8 | €6,486 | €11,215 | +€4,728 | +72.9% |
| Gross operating margin | 9900 | €257,066 | €293,033 | +€35,967 | +14.0% |
| Operating profit (loss) | 9901 | €150,197 | €168,001 | +€17,803 | +11.9% |
| Financial income | 75/76B | €2,503 | €12,871 | +€10,367 | +414% |
| Recurring financial income | 75 | €2,503 | €12,871 | +€10,367 | +414% |
| Financial charges | 65/66B | €13,701 | €20,731 | +€7,031 | +51.3% |
| Recurring financial charges | 65 | €13,701 | €20,731 | +€7,031 | +51.3% |
| Profit (loss) for the period before taxes | 9903 | €139,000 | €160,140 | +€21,140 | +15.2% |
| Income taxes | 67/77 | €41,050 | €46,209 | +€5,159 | +12.6% |
| Profit (loss) for the period | 9904 | €97,950 | €113,931 | +€15,981 | +16.3% |
| Profit (loss) for the period to be appropriated | 9905 | €97,950 | €113,931 | +€15,981 | +16.3% |
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 20 October 2026 via checked.be.