KRONOS GROUP: 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 GROUP
NACE 70.200, Business and other management consultancy
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€42,103
2024 · €716,868-€758,971
Equity
€5.2m
2024 · €5.2m-€42,103
Cash
€541,454
2024 · €840,226-€298,773
Balance sheet total
€7.2m
2024 · €7.7m-€565,210
Largest movements
Assets
- Cash -€298,773
down €298,773 (-35.6%), from €840,226 to €541,454
mainly Trade debts (-€401,787) and Tax, wage and social debts (-€120,939)
- Receivables within one year -€250,679
down €250,679 (-3.7%), from €6.8m to €6.5m
of which Trade receivables: -€737,406
Equity and liabilities
- Trade debts -€401,787
down €401,787 (-22.6%), from €1.8m to €1.4m
- Tax, wage and social debts -€120,939
down €120,939 (-19.7%), from €615,040 to €494,100
of which Remuneration and social security: -€133,772
Income statement
- Turnover -€4.1m
down €4.1m (-26.4%), from €15.5m to €11.4m
- Goods and materials -€1.5m
down €1.5m (-26.4%), from €5.6m to €4.1m
- Staff costs -€1.5m
down €1.5m (-20.3%), from €7.2m to €5.8m
- Services and other goods -€538,996
down €538,996 (-25.2%), from €2.1m to €1.6m
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
€716,868
Turnover
-€4.1m
Other operating income
-€89,155
Goods and materials
+€1.5m
Services and other goods
+€538,996
Staff costs
+€1.5m
Depreciation
+€27,183
Other operating charges
+€913
Other operating items
-€160,474
Financial income
-€15,613
Financial charges
-€20,801
Taxes
+€108,226
Result 2025
-€42,103
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
-€295,976
Investment
-€3,923
Financing
+€1,126
Cash 2024
€840,226
From operations (derived)
-€295,976
Net result for the year
-€42,103
Depreciation
+€19,511
Receivables within one year
+€250,679
Deferred charges and accrued income
+€170
Trade debts
-€401,787
Tax, wage and social debts
-€120,939
Other debts
+€22,187
Accrued charges and deferred income
-€23,694
Investment (derived)
-€3,923
Investment in fixed assets (net)
-€3,923
Financing
+€1,126
Current portion of long-term debt
+€32
Short-term financial debts
+€1,094
Cash 2025
€541,454
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,730,272 | €7,165,062 | -€565,210 | -7.3% |
| Fixed assets | 21/28 | €47,872 | €32,284 | -€15,588 | -32.6% |
| Intangible fixed assets | 21 | €13,809 | €4,025 | -€9,784 | -70.9% |
| Tangible fixed assets | 22/27 | €13,057 | €13,260 | +€202 | +1.5% |
| Furniture and vehicles | 24 | €13,057 | €13,260 | +€202 | +1.5% |
| Financial fixed assets | 28 | €21,006 | €15,000 | -€6,006 | -28.6% |
| Affiliated companies | 280/1 | €15,000 | €15,000 | = | 0.0% |
| Participating interests | 280 | €15,000 | €15,000 | = | 0.0% |
| Other financial fixed assets | 284/8 | €6,006 | - | -€6,006 | |
| Amounts receivable and cash guarantees | 285/8 | €6,006 | - | -€6,006 | |
| Current assets | 29/58 | €7,682,400 | €7,132,778 | -€549,622 | -7.2% |
| Amounts receivable within one year | 40/41 | €6,750,768 | €6,500,089 | -€250,679 | -3.7% |
| Trade receivables | 40 | €2,791,096 | €2,053,690 | -€737,406 | -26.4% |
| Other amounts receivable | 41 | €3,959,672 | €4,446,399 | +€486,727 | +12.3% |
| Cash at bank and in hand | 54/58 | €840,226 | €541,454 | -€298,773 | -35.6% |
| Deferred charges and accrued income | 490/1 | €91,405 | €91,235 | -€170 | -0.2% |
| Total equity and liabilities | 10/49 | €7,730,272 | €7,165,062 | -€565,210 | -7.3% |
| Equity | 10/15 | €5,234,758 | €5,192,655 | -€42,103 | -0.8% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Capital | 10 | €250,000 | €250,000 | = | 0.0% |
| Issued capital | 100 | €250,000 | €250,000 | = | 0.0% |
| Reserves | 13 | €25,000 | €25,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €25,000 | €25,000 | = | 0.0% |
| Legal reserve | 130 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,959,758 | €4,917,655 | -€42,103 | -0.8% |
| Amounts payable | 17/49 | €2,495,514 | €1,972,406 | -€523,107 | -21.0% |
| Amounts payable within one year | 42/48 | €2,471,820 | €1,972,406 | -€499,413 | -20.2% |
| Current portion of amounts payable after more than one year | 42 | €80,398 | €80,430 | +€32 | 0.0% |
| Financial debts | 43 | €1,817 | €2,910 | +€1,094 | +60.2% |
| Credit institutions | 430/8 | €1,817 | €2,910 | +€1,094 | +60.2% |
| Trade debts | 44 | €1,774,566 | €1,372,779 | -€401,787 | -22.6% |
| Suppliers | 440/4 | €1,774,566 | €1,372,779 | -€401,787 | -22.6% |
| Taxes, remuneration and social security | 45 | €615,040 | €494,100 | -€120,939 | -19.7% |
| Taxes | 450/3 | €161,551 | €174,384 | +€12,833 | +7.9% |
| Remuneration and social security | 454/9 | €453,488 | €319,716 | -€133,772 | -29.5% |
| Other amounts payable | 47/48 | - | €22,187 | +€22,187 | |
| Accrued charges and deferred income | 492/3 | €23,694 | - | -€23,694 | |
| Operating income | 70/76A | €15,949,920 | €11,609,289 | -€4.3m | -27.2% |
| Turnover | 70 | €15,523,551 | €11,432,549 | -€4.1m | -26.4% |
| Other operating income | 74 | €167,391 | €78,236 | -€89,155 | -53.3% |
| Non-recurring operating income | 76A | €258,978 | €98,504 | -€160,474 | -62.0% |
| Operating charges | 60/66A | €15,026,518 | €11,516,671 | -€3.5m | -23.4% |
| Goods for resale, raw materials and consumables | 60 | €5,593,845 | €4,118,910 | -€1.5m | -26.4% |
| Purchases | 600/8 | €5,593,845 | €4,118,910 | -€1.5m | -26.4% |
| Services and other goods | 61 | €2,139,963 | €1,600,967 | -€538,996 | -25.2% |
| Remuneration, social security and pensions | 62 | €7,226,765 | €5,758,944 | -€1.5m | -20.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,695 | €19,511 | -€27,183 | -58.2% |
| Other operating charges | 640/8 | €19,251 | €18,339 | -€913 | -4.7% |
| Operating profit (loss) | 9901 | €923,402 | €92,618 | -€830,784 | -90.0% |
| Financial income | 75/76B | €145,643 | €130,031 | -€15,613 | -10.7% |
| Recurring financial income | 75 | €145,643 | €130,031 | -€15,613 | -10.7% |
| Income from financial fixed assets | 750 | €145,302 | €129,973 | -€15,328 | -10.5% |
| Other financial income | 752/9 | €342 | €58 | -€284 | -83.2% |
| Financial charges | 65/66B | €30,979 | €51,780 | +€20,801 | +67.1% |
| Recurring financial charges | 65 | €30,979 | €51,780 | +€20,801 | +67.1% |
| Debt charges | 650 | €26,883 | €48,408 | +€21,525 | +80.1% |
| Other financial charges | 652/9 | €4,096 | €3,373 | -€724 | -17.7% |
| Profit (loss) for the period before taxes | 9903 | €1,038,066 | €170,868 | -€867,198 | -83.5% |
| Income taxes | 67/77 | €321,198 | €212,971 | -€108,226 | -33.7% |
| Taxes | 670/3 | €321,198 | €212,971 | -€108,226 | -33.7% |
| Profit (loss) for the period | 9904 | €716,868 | -€42,103 | -€758,971 | |
| Profit (loss) for the period to be appropriated | 9905 | €716,868 | -€42,103 | -€758,971 |
Source: filed annual accounts (NBB), fiscal years ended 31 January 2024 and 31 January 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.