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KROON: 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

KROON

BE 0476.444.402
fiscal year 2016 against 2017filed annual accounts (NBB)
Net result for the year
€144,984
2016 · -€13,137+€158,121
Equity
€247,825
2016 · €102,842+€144,984
Cash
€388,393
2016 · €127,156+€261,237
Balance sheet total
€443,143
2016 · €391,578+€51,566

Largest movements

2016 to 2017
Assets
  • Cash +€261,237

    up €261,237 (+205.4%), from €127,156 to €388,393

    mainly Investment in fixed assets (net) (+€225,732) and Debts within one year (+€192,592)

  • Tangible fixed assets -€226,389

    down €226,389 (-99.2%), from €228,233 to €1,843

  • Receivables within one year +€16,427

    up €16,427 (+236.2%), from €6,955 to €23,382

Equity and liabilities
  • Provisions -€286,010

    no longer reported in 2017 (was €286,010)

  • Profit (loss) carried forward +€273,999

    up €273,999 (+79.5%), from -€344,724 to -€70,725

  • Debts within one year +€192,592

    up €192,592 (+7065.8%), from €2,726 to €195,318

  • Reserves -€129,016

    down €129,016 (-30.1%), from €429,016 to €300,000

Income statement
  • Taxes +€194,047

    up €194,047 (+570222.1%), from €34 to €194,081

  • Gross operating margin +€59,873

    up €59,873, from -€8,392 to €51,480

  • Depreciation -€11,250

    down €11,250 (-96.8%), from €11,616 to €366

From the 2016 result to the 2017 result

effect on the 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 2016 -€13,137
Gross operating margin +€59,873
Depreciation +€11,250
Other operating items +€644
Financial income -€6,130
Financial charges +€520
Taxes -€194,047
Deferred taxes and other +€286,010
Result 2017 €144,984

Cash bridge derived

cash 2016 to 2017

Derived from the 2016 and 2017 balance sheets and the 2017 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations +€35,505
Investment +€225,732
Financing €0
Cash 2016 €127,156
Net result for the year +€144,984
Depreciation +€366
Receivables within one year -€16,427
Provisions -€286,010
Debts within one year +€192,592
Investment in fixed assets (net) +€225,732
Cash 2017 €388,393
Every line side by side 25 lines
Line Code 2016 2017 Change %
Total assets 20/58 €391,578 €443,143 +€51,566 +13.2%
Fixed assets 21/28 €228,233 €2,134 -€226,098 -99.1%
Tangible fixed assets 22/27 €228,233 €1,843 -€226,389 -99.2%
Financial fixed assets 28 - €291 +€291
Current assets 29/58 €163,345 €441,009 +€277,664 +170.0%
Amounts receivable within one year 40/41 €6,955 €23,382 +€16,427 +236.2%
Current investments 50/53 €29,234 €29,234 = 0.0%
Cash at bank and in hand 54/58 €127,156 €388,393 +€261,237 +205.4%
Total equity and liabilities 10/49 €391,578 €443,143 +€51,566 +13.2%
Equity 10/15 €102,842 €247,825 +€144,984 +141.0%
Contributions 10/11 €18,550 €18,550 = 0.0%
Reserves 13 €429,016 €300,000 -€129,016 -30.1%
Profit (loss) carried forward 14 -€344,724 -€70,725 +€273,999 +79.5%
Provisions and deferred taxes 16 €286,010 - -€286,010
Amounts payable 17/49 €2,726 €195,318 +€192,592 +7065.8%
Amounts payable within one year 42/48 €2,726 €195,318 +€192,592 +7065.8%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €11,616 €366 -€11,250 -96.8%
Gross operating margin 9900 -€8,392 €51,480 +€59,873
Operating profit (loss) 9901 -€21,298 €50,468 +€71,766
Recurring financial income 75 €8,879 €2,749 -€6,130 -69.0%
Recurring financial charges 65 €684 €164 -€520 -76.1%
Profit (loss) for the period before taxes 9903 -€13,103 €53,054 +€66,157
Income taxes 67/77 €34 €194,081 +€194,047 +570222.1%
Profit (loss) for the period 9904 -€13,137 €144,984 +€158,121
Profit (loss) for the period to be appropriated 9905 -€13,137 €573,999 +€587,136

Source: filed annual accounts (NBB), fiscal years ended 30 September 2016 and 30 September 2017. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.