KRONOS: 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.
What changed
KRONOS
NACE 95.311, General maintenance and repair of cars and light vans (up to 3.5 tonnes)
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€129,041
2024 · -€374,242+€503,283
Equity
€2.0m
2024 · €1.8m+€129,041
Cash
€832,640
2024 · €252,819+€579,820
Balance sheet total
€3.2m
2024 · €3.3m-€42,815
Largest movements
Assets
- Cash +€579,820
up €579,820 (+229.3%), from €252,819 to €832,640
mainly Current investments (+€450,000) and Depreciation (+€174,209)
- Current investments -€450,000
down €450,000 (-75.0%), from €600,000 to €150,000
- Tangible fixed assets -€108,771
down €108,771 (-18.8%), from €577,280 to €468,508
of which Furniture and vehicles: -€58,627
- Stocks and contracts -€80,932
down €80,932 (-8.9%), from €912,568 to €831,636
Equity and liabilities
- Debts after one year -€286,099
down €286,099 (-37.7%), from €759,210 to €473,111
- Profit (loss) carried forward +€129,041
up €129,041 (+9.4%), from €1.4m to €1.5m
- Trade debts +€112,943
up €112,943 (+33.8%), from €334,134 to €447,077
- Accrued charges and deferred income -€45,000
no longer reported in 2025 (was €45,000)
- Tax, wage and social debts +€35,080
up €35,080 (+1119.5%), from €3,133 to €38,213
of which Taxes: +€28,273
Income statement
- Purchases and services -€1.6m
down €1.6m (-16.4%), from €9.9m to €8.2m
- Turnover -€1.2m
down €1.2m (-12.0%), from €9.9m to €8.7m
- Gross operating margin +€484,480
up €484,480 (+263.8%), from €183,674 to €668,154
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
-€374,242
Gross operating margin
+€484,480
Staff costs
-€18,509
Depreciation
-€11,819
Write-downs
+€38,697
Other operating charges
+€4,017
Other operating items
-€703
Financial income
-€5,680
Financial charges
+€13,329
Taxes
-€529
Result 2025
€129,041
Cash bridge derived
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
+€468,885
Investment
+€385,701
Financing
-€274,766
Cash 2024
€252,819
From operations (derived)
+€468,885
Net result for the year
+€129,041
Depreciation
+€174,209
Stocks and contracts
+€80,932
Receivables within one year
-€2,277
Deferred charges and accrued income
-€15,931
Trade debts
+€112,943
Tax, wage and social debts
+€35,080
Other debts
-€112
Accrued charges and deferred income
-€45,000
Investment (derived)
+€385,701
Investment in fixed assets (net)
-€64,299
Current investments
+€450,000
Financing
-€274,766
Debts after one year
-€286,099
Current portion of long-term debt
+€11,333
Cash 2025
€832,640
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,256,897 | €3,214,082 | -€42,815 | -1.3% |
| Fixed assets | 21/28 | €912,036 | €802,125 | -€109,910 | -12.1% |
| Intangible fixed assets | 21 | €43,165 | €47,765 | +€4,600 | +10.7% |
| Tangible fixed assets | 22/27 | €577,280 | €468,508 | -€108,771 | -18.8% |
| Plant, machinery and equipment | 23 | €62,588 | €43,668 | -€18,920 | -30.2% |
| Furniture and vehicles | 24 | €260,289 | €201,662 | -€58,627 | -22.5% |
| Leasing and similar rights | 25 | €196,286 | €168,245 | -€28,041 | -14.3% |
| Other tangible fixed assets | 26 | €58,117 | €54,933 | -€3,184 | -5.5% |
| Financial fixed assets | 28 | €291,591 | €285,852 | -€5,739 | -2.0% |
| Current assets | 29/58 | €2,344,861 | €2,411,957 | +€67,095 | +2.9% |
| Stocks and contracts in progress | 3 | €912,568 | €831,636 | -€80,932 | -8.9% |
| Stocks | 30/36 | €912,568 | €831,636 | -€80,932 | -8.9% |
| Amounts receivable within one year | 40/41 | €560,497 | €562,774 | +€2,277 | +0.4% |
| Trade receivables | 40 | €270,310 | €228,398 | -€41,912 | -15.5% |
| Other amounts receivable | 41 | €290,187 | €334,376 | +€44,189 | +15.2% |
| Current investments | 50/53 | €600,000 | €150,000 | -€450,000 | -75.0% |
| Cash at bank and in hand | 54/58 | €252,819 | €832,640 | +€579,820 | +229.3% |
| Deferred charges and accrued income | 490/1 | €18,977 | €34,908 | +€15,931 | +83.9% |
| Total equity and liabilities | 10/49 | €3,256,897 | €3,214,082 | -€42,815 | -1.3% |
| Equity | 10/15 | €1,840,542 | €1,969,582 | +€129,041 | +7.0% |
| Contributions | 10/11 | €411,973 | €411,973 | = | 0.0% |
| Capital | 10 | €411,973 | €411,973 | = | 0.0% |
| Issued capital | 100 | €411,973 | €411,973 | = | 0.0% |
| Reserves | 13 | €59,947 | €59,947 | = | 0.0% |
| Non-distributable reserves | 130/1 | €41,197 | €41,197 | = | 0.0% |
| Legal reserve | 130 | €41,197 | €41,197 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,368,621 | €1,497,662 | +€129,041 | +9.4% |
| Amounts payable | 17/49 | €1,416,355 | €1,244,500 | -€171,856 | -12.1% |
| Amounts payable after more than one year | 17 | €759,210 | €473,111 | -€286,099 | -37.7% |
| Financial debts | 170/4 | €759,210 | €473,111 | -€286,099 | -37.7% |
| Amounts payable within one year | 42/48 | €612,145 | €771,389 | +€159,244 | +26.0% |
| Current portion of amounts payable after more than one year | 42 | €274,766 | €286,099 | +€11,333 | +4.1% |
| Trade debts | 44 | €334,134 | €447,077 | +€112,943 | +33.8% |
| Suppliers | 440/4 | €334,134 | €447,077 | +€112,943 | +33.8% |
| Taxes, remuneration and social security | 45 | €3,133 | €38,213 | +€35,080 | +1119.5% |
| Taxes | 450/3 | €581 | €28,855 | +€28,273 | +4862.2% |
| Remuneration and social security | 454/9 | €2,552 | €9,358 | +€6,806 | +266.7% |
| Other amounts payable | 47/48 | €112 | - | -€112 | |
| Accrued charges and deferred income | 492/3 | €45,000 | - | -€45,000 | |
| Turnover | 70 | €9,910,658 | €8,721,857 | -€1.2m | -12.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €9,854,862 | €8,238,407 | -€1.6m | -16.4% |
| Remuneration, social security and pensions | 62 | €296,392 | €314,901 | +€18,509 | +6.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €162,390 | €174,209 | +€11,819 | +7.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €38,697 | - | -€38,697 | |
| Other operating charges | 640/8 | €22,035 | €18,018 | -€4,017 | -18.2% |
| Non-recurring operating charges | 66A | €97 | €800 | +€703 | +721.6% |
| Gross operating margin | 9900 | €183,674 | €668,154 | +€484,480 | +263.8% |
| Operating profit (loss) | 9901 | -€335,937 | €160,226 | +€496,163 | |
| Financial income | 75/76B | €25,775 | €20,095 | -€5,680 | -22.0% |
| Recurring financial income | 75 | €25,775 | €20,095 | -€5,680 | -22.0% |
| Financial charges | 65/66B | €64,096 | €50,767 | -€13,329 | -20.8% |
| Recurring financial charges | 65 | €64,096 | €50,767 | -€13,329 | -20.8% |
| Profit (loss) for the period before taxes | 9903 | -€374,258 | €129,554 | +€503,812 | |
| Income taxes | 67/77 | -€16 | €513 | +€529 | |
| Profit (loss) for the period | 9904 | -€374,242 | €129,041 | +€503,283 | |
| Profit (loss) for the period to be appropriated | 9905 | -€374,242 | €129,041 | +€503,283 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.