KRONOS SYSTEMS: 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 SYSTEMS
NACE 26.510, Manufacture of computer, electronic and optical products
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€1.5m
2024 · €922,685+€544,239
Equity
€6.5m
2024 · €5.0m+€1.5m
Cash
€15.5m
2024 · €11.9m+€3.6m
Balance sheet total
€38.8m
2024 · €33.8m+€5.1m
Largest movements
Assets
- Cash +€3.6m
up €3.6m (+30.2%), from €11.9m to €15.5m
mainly Other debts (+€3.8m) and Net result for the year (+€1.5m)
- Receivables within one year +€1.6m
up €1.6m (+16.4%), from €9.7m to €11.3m
of which Trade receivables: +€1.6m
Equity and liabilities
- Other debts +€3.8m
up €3.8m (+39.7%), from €9.6m to €13.3m
- Profit (loss) carried forward +€1.5m
up €1.5m (+131.4%), from €1.1m to €2.6m
Income statement
- Goods and materials +€2.8m
up €2.8m (+13.2%), from €21.0m to €23.8m
of which Purchases: +€2.6m
- Staff costs -€1.9m
down €1.9m (-28.2%), from €6.9m to €4.9m
- Turnover +€1.5m
up €1.5m (+4.7%), from €32.2m to €33.7m
- Financial income +€811,817
up €811,817 (+53.3%), from €1.5m to €2.3m
- Financial charges +€626,766
up €626,766 (+38.1%), from €1.6m to €2.3m
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
€922,685
Turnover
+€1.5m
Other operating income
-€147,141
Goods and materials
-€2.8m
Services and other goods
-€354,678
Staff costs
+€1.9m
Depreciation
+€69,754
Write-downs
-€2,692
Provisions
+€8,220
Other operating charges
+€18,691
Financial income
+€811,817
Financial charges
-€626,766
Taxes
+€88,568
Result 2025
€1.5m
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
+€3.7m
Investment
-€75,775
Financing
€0
Cash 2024
€11.9m
From operations (derived)
+€3.7m
Net result for the year
+€1.5m
Depreciation
+€190,511
Receivables after one year
-€159,826
Stocks and contracts
+€107,447
Receivables within one year
-€1.6m
Deferred charges and accrued income
+€64,064
Trade debts
-€222,570
Tax, wage and social debts
-€289,592
Advances received
-€1,478
Other debts
+€3.8m
Accrued charges and deferred income
+€326,720
Investment (derived)
-€75,775
Investment in fixed assets (net)
-€75,775
Cash 2025
€15.5m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €33,758,901 | €38,827,792 | +€5.1m | +15.0% |
| Fixed assets | 21/28 | €965,936 | €851,199 | -€114,737 | -11.9% |
| Tangible fixed assets | 22/27 | €696,474 | €581,737 | -€114,737 | -16.5% |
| Land and buildings | 22 | €424,318 | €398,412 | -€25,906 | -6.1% |
| Furniture and vehicles | 24 | €272,156 | €183,325 | -€88,831 | -32.6% |
| Financial fixed assets | 28 | €269,462 | €269,462 | = | 0.0% |
| Affiliated companies | 280/1 | €269,462 | €269,462 | = | 0.0% |
| Participating interests | 280 | €269,462 | €269,462 | = | 0.0% |
| Current assets | 29/58 | €32,792,965 | €37,976,592 | +€5.2m | +15.8% |
| Amounts receivable after more than one year | 29 | €10,955,891 | €11,115,717 | +€159,826 | +1.5% |
| Other amounts receivable | 291 | €10,955,891 | €11,115,717 | +€159,826 | +1.5% |
| Stocks and contracts in progress | 3 | €171,339 | €63,892 | -€107,447 | -62.7% |
| Stocks | 30/36 | €171,339 | €63,892 | -€107,447 | -62.7% |
| Goods purchased for resale | 34 | €171,339 | €63,892 | -€107,447 | -62.7% |
| Amounts receivable within one year | 40/41 | €9,662,837 | €11,251,568 | +€1.6m | +16.4% |
| Trade receivables | 40 | €8,475,567 | €10,124,656 | +€1.6m | +19.5% |
| Other amounts receivable | 41 | €1,187,270 | €1,126,912 | -€60,358 | -5.1% |
| Cash at bank and in hand | 54/58 | €11,938,833 | €15,545,415 | +€3.6m | +30.2% |
| Deferred charges and accrued income | 490/1 | €64,064 | - | -€64,064 | |
| Total equity and liabilities | 10/49 | €33,758,901 | €38,827,792 | +€5.1m | +15.0% |
| Equity | 10/15 | €4,993,196 | €6,460,120 | +€1.5m | +29.4% |
| Contributions | 10/11 | €3,362,255 | €3,362,255 | = | 0.0% |
| Reserves | 13 | €514,585 | €514,585 | = | 0.0% |
| Non-distributable reserves | 130/1 | €221,869 | €221,869 | = | 0.0% |
| Reserves not available under the articles | 1311 | €221,869 | €221,869 | = | 0.0% |
| Distributable reserves | 133 | €292,716 | €292,716 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,116,355 | €2,583,280 | +€1.5m | +131.4% |
| Amounts payable | 17/49 | €28,765,706 | €32,367,671 | +€3.6m | +12.5% |
| Amounts payable within one year | 42/48 | €12,503,764 | €15,779,010 | +€3.3m | +26.2% |
| Trade debts | 44 | €899,763 | €677,193 | -€222,570 | -24.7% |
| Suppliers | 440/4 | €899,763 | €677,193 | -€222,570 | -24.7% |
| Advances received on contracts in progress | 46 | €1,478 | - | -€1,478 | |
| Taxes, remuneration and social security | 45 | €2,048,867 | €1,759,276 | -€289,592 | -14.1% |
| Taxes | 450/3 | €694,451 | €610,285 | -€84,166 | -12.1% |
| Remuneration and social security | 454/9 | €1,354,417 | €1,148,991 | -€205,426 | -15.2% |
| Other amounts payable | 47/48 | €9,553,656 | €13,342,541 | +€3.8m | +39.7% |
| Accrued charges and deferred income | 492/3 | €16,261,942 | €16,588,662 | +€326,720 | +2.0% |
| Operating income | 70/76A | €32,428,318 | €33,800,084 | +€1.4m | +4.2% |
| Turnover | 70 | €32,187,753 | €33,706,660 | +€1.5m | +4.7% |
| Other operating income | 74 | €240,565 | €93,424 | -€147,141 | -61.2% |
| Operating charges | 60/66A | €30,806,925 | €31,908,072 | +€1.1m | +3.6% |
| Goods for resale, raw materials and consumables | 60 | €20,985,588 | €23,762,010 | +€2.8m | +13.2% |
| Purchases | 600/8 | €21,020,029 | €23,653,826 | +€2.6m | +12.5% |
| Change in stocks: decrease (increase) | 609 | -€34,442 | €108,184 | +€142,626 | |
| Services and other goods | 61 | €2,655,616 | €3,010,294 | +€354,678 | +13.4% |
| Remuneration, social security and pensions | 62 | €6,856,201 | €4,920,220 | -€1.9m | -28.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €260,266 | €190,511 | -€69,754 | -26.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €11,238 | €13,930 | +€2,692 | +24.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | -€8,220 | -€8,220 | |
| Other operating charges | 640/8 | €38,017 | €19,326 | -€18,691 | -49.2% |
| Operating profit (loss) | 9901 | €1,621,393 | €1,892,013 | +€270,620 | +16.7% |
| Financial income | 75/76B | €1,522,686 | €2,334,503 | +€811,817 | +53.3% |
| Recurring financial income | 75 | €1,522,686 | €2,334,503 | +€811,817 | +53.3% |
| Income from financial fixed assets | 750 | €240 | - | -€240 | |
| Income from current assets | 751 | €624,158 | €734,658 | +€110,501 | +17.7% |
| Other financial income | 752/9 | €898,288 | €1,599,844 | +€701,556 | +78.1% |
| Financial charges | 65/66B | €1,645,623 | €2,272,389 | +€626,766 | +38.1% |
| Recurring financial charges | 65 | €1,645,623 | €2,272,389 | +€626,766 | +38.1% |
| Debt charges | 650 | €71,085 | €74,669 | +€3,584 | +5.0% |
| Other financial charges | 652/9 | €1,574,538 | €2,197,720 | +€623,182 | +39.6% |
| Profit (loss) for the period before taxes | 9903 | €1,498,455 | €1,954,126 | +€455,671 | +30.4% |
| Income taxes | 67/77 | €575,770 | €487,202 | -€88,568 | -15.4% |
| Taxes | 670/3 | €575,770 | €487,202 | -€88,568 | -15.4% |
| Profit (loss) for the period | 9904 | €922,685 | €1,466,924 | +€544,239 | +59.0% |
| Profit (loss) for the period to be appropriated | 9905 | €922,685 | €1,466,924 | +€544,239 | +59.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.