Kronacker: what changed
Two fiscal 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.
Kronacker
Largest movements
- Tangible fixed assets -€52,201
down €52,201 (-7.0%), from €741,236 to €689,035
of which Plant, machinery and equipment: -€38,463
- Cash +€46,603
up €46,603 (+52.9%), from €88,108 to €134,711
mainly Net result for the year (+€123,656) and Depreciation (+€85,722)
- Receivables within one year -€37,302
down €37,302 (-32.7%), from €114,201 to €76,899
of which Other amounts receivable: -€51,098
- Reserves +€123,656
up €123,656 (+630.8%), from €19,603 to €143,259
- Debts after one year -€55,997
down €55,997 (-10.3%), from €541,890 to €485,893
- Trade debts -€29,114
down €29,114 (-20.6%), from €141,195 to €112,081
- Tax, wage and social debts -€28,968
down €28,968 (-22.8%), from €127,162 to €98,194
of which Taxes: -€26,411
- Short-term financial debts -€25,321
no longer reported in 2024 (was €25,321)
- Gross operating margin +€184,308
up €184,308 (+18.4%), from €1.0m to €1.2m
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.
Cash bridge derived
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 | €967,876 | €934,739 | -€33,138 | -3.4% |
| Fixed assets | 21/28 | €741,236 | €690,475 | -€50,761 | -6.8% |
| Tangible fixed assets | 22/27 | €741,236 | €689,035 | -€52,201 | -7.0% |
| Plant, machinery and equipment | 23 | €167,669 | €129,206 | -€38,463 | -22.9% |
| Furniture and vehicles | 24 | €20,226 | €27,187 | +€6,961 | +34.4% |
| Other tangible fixed assets | 26 | €553,340 | €532,641 | -€20,699 | -3.7% |
| Financial fixed assets | 28 | - | €1,440 | +€1,440 | |
| Current assets | 29/58 | €226,641 | €244,264 | +€17,623 | +7.8% |
| Stocks and contracts in progress | 3 | €22,000 | €26,467 | +€4,467 | +20.3% |
| Stocks | 30/36 | €22,000 | €26,467 | +€4,467 | +20.3% |
| Amounts receivable within one year | 40/41 | €114,201 | €76,899 | -€37,302 | -32.7% |
| Trade receivables | 40 | €15,737 | €29,533 | +€13,796 | +87.7% |
| Other amounts receivable | 41 | €98,464 | €47,366 | -€51,098 | -51.9% |
| Cash at bank and in hand | 54/58 | €88,108 | €134,711 | +€46,603 | +52.9% |
| Deferred charges and accrued income | 490/1 | €2,332 | €6,187 | +€3,855 | +165.3% |
| Total equity and liabilities | 10/49 | €967,876 | €934,739 | -€33,138 | -3.4% |
| Equity | 10/15 | €39,603 | €163,259 | +€123,656 | +312.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €19,603 | €143,259 | +€123,656 | +630.8% |
| Distributable reserves | 133 | €19,603 | €143,259 | +€123,656 | +630.8% |
| Amounts payable | 17/49 | €928,273 | €771,480 | -€156,793 | -16.9% |
| Amounts payable after more than one year | 17 | €541,890 | €485,893 | -€55,997 | -10.3% |
| Financial debts | 170/4 | €541,890 | €485,893 | -€55,997 | -10.3% |
| Amounts payable within one year | 42/48 | €354,383 | €269,254 | -€85,129 | -24.0% |
| Current portion of amounts payable after more than one year | 42 | €60,705 | €58,979 | -€1,727 | -2.8% |
| Financial debts | 43 | €25,321 | - | -€25,321 | |
| Credit institutions | 430/8 | €25,321 | - | -€25,321 | |
| Trade debts | 44 | €141,195 | €112,081 | -€29,114 | -20.6% |
| Suppliers | 440/4 | €141,195 | €112,081 | -€29,114 | -20.6% |
| Taxes, remuneration and social security | 45 | €127,162 | €98,194 | -€28,968 | -22.8% |
| Taxes | 450/3 | €30,076 | €3,666 | -€26,411 | -87.8% |
| Remuneration and social security | 454/9 | €97,086 | €94,529 | -€2,557 | -2.6% |
| Accrued charges and deferred income | 492/3 | €32,000 | €16,333 | -€15,667 | -49.0% |
| Non-recurring operating income | 76A | €907 | €6,000 | +€5,093 | +561.7% |
| Remuneration, social security and pensions | 62 | €951,926 | €949,560 | -€2,366 | -0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €83,337 | €85,722 | +€2,385 | +2.9% |
| Other operating charges | 640/8 | €2,446 | €1,505 | -€941 | -38.5% |
| Gross operating margin | 9900 | €1,002,026 | €1,186,334 | +€184,308 | +18.4% |
| Operating profit (loss) | 9901 | -€35,683 | €149,547 | +€185,230 | |
| Financial income | 75/76B | €5,941 | €4,277 | -€1,665 | -28.0% |
| Recurring financial income | 75 | €5,941 | €4,277 | -€1,665 | -28.0% |
| Financial charges | 65/66B | €14,250 | €21,713 | +€7,463 | +52.4% |
| Recurring financial charges | 65 | €14,250 | €21,713 | +€7,463 | +52.4% |
| Profit (loss) for the period before taxes | 9903 | -€43,992 | €132,110 | +€176,102 | |
| Income taxes | 67/77 | €154 | €8,454 | +€8,300 | +5389.9% |
| Profit (loss) for the period | 9904 | -€44,146 | €123,656 | +€167,802 | |
| Profit (loss) for the period to be appropriated | 9905 | -€44,146 | €123,656 | +€167,802 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.