KROONAARD: what changed
Two financial 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.
KROONAARD
Largest movements
- Tangible fixed assets -€38,317
down €38,317 (-1.9%), from €2.0m to €2.0m
of which Land and buildings: -€36,376
- Receivables within one year +€21,067
up €21,067 (+1,533%), from €1,375 to €22,442
of which Trade receivables: +€21,067
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin -€14,335
down €14,335 (-30.8%), from €46,495 to €32,160
- Depreciation +€1,064
up €1,064 (+2.9%), from €37,254 to €38,317
- Financial charges +€666
up €666 (+673%), from €99 to €765
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.
Derived cash bridge
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,068,356 | €2,051,045 | -€17,311 | -0.8% |
| Fixed assets | 21/28 | €2,045,540 | €2,007,223 | -€38,317 | -1.9% |
| Tangible fixed assets | 22/27 | €2,045,540 | €2,007,223 | -€38,317 | -1.9% |
| Land and buildings | 22 | €2,036,871 | €2,000,495 | -€36,376 | -1.8% |
| Plant, machinery and equipment | 23 | €1,370 | €988 | -€382 | -27.9% |
| Furniture and vehicles | 24 | €7,299 | €5,740 | -€1,559 | -21.4% |
| Current assets | 29/58 | €22,817 | €43,823 | +€21,006 | +92.1% |
| Amounts receivable within one year | 40/41 | €1,375 | €22,442 | +€21,067 | +1,533% |
| Trade receivables | 40 | €1,375 | €22,442 | +€21,067 | +1,533% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €14,902 | €2,547 | -€12,355 | -82.9% |
| Deferred charges and accrued income | 490/1 | €6,540 | €18,834 | +€12,294 | +188% |
| Total equity and liabilities | 10/49 | €2,068,356 | €2,051,045 | -€17,311 | -0.8% |
| Equity | 10/15 | €825,311 | €809,755 | -€15,556 | -1.9% |
| Contributions | 10/11 | €1,030,000 | €1,030,000 | = | 0.0% |
| Capital | 10 | €1,030,000 | €1,030,000 | = | 0.0% |
| Issued capital | 100 | €1,030,000 | €1,030,000 | = | 0.0% |
| Reserves | 13 | €34,795 | €34,795 | = | 0.0% |
| Non-distributable reserves | 130/1 | €9,857 | €9,857 | = | 0.0% |
| Legal reserve | 130 | €9,857 | €9,857 | = | 0.0% |
| Tax-exempt reserves | 132 | €24,938 | €24,938 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€239,483 | -€255,040 | -€15,556 | -6.5% |
| Amounts payable | 17/49 | €1,243,045 | €1,241,291 | -€1,755 | -0.1% |
| Amounts payable after more than one year | 17 | €1,000,000 | €1,000,000 | = | 0.0% |
| Financial debts | 170/4 | €1,000,000 | €1,000,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €243,045 | €221,616 | -€21,430 | -8.8% |
| Trade debts | 44 | €2,695 | €0 | -€2,695 | -100% |
| Suppliers | 440/4 | €2,695 | €0 | -€2,695 | -100% |
| Taxes, remuneration and social security | 45 | €271 | €564 | +€294 | +108% |
| Taxes | 450/3 | €271 | €564 | +€294 | +108% |
| Other amounts payable | 47/48 | €240,080 | €221,051 | -€19,028 | -7.9% |
| Accrued charges and deferred income | 492/3 | - | €19,675 | +€19,675 | |
| Non-recurring operating income | 76A | €19,919 | €0 | -€19,919 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,254 | €38,317 | +€1,064 | +2.9% |
| Other operating charges | 640/8 | €10,663 | €10,566 | -€98 | -0.9% |
| Gross operating margin | 9900 | €46,495 | €32,160 | -€14,335 | -30.8% |
| Operating profit (loss) | 9901 | -€1,422 | -€16,722 | -€15,301 | -1,076% |
| Financial income | 75/76B | €52 | €0 | -€52 | -100% |
| Recurring financial income | 75 | €52 | €0 | -€52 | -100% |
| Financial charges | 65/66B | €99 | €765 | +€666 | +673% |
| Recurring financial charges | 65 | €99 | €765 | +€666 | +673% |
| Profit (loss) for the period before taxes | 9903 | -€1,469 | -€17,487 | -€16,018 | -1,090% |
| Profit (loss) for the period | 9904 | -€1,469 | -€17,487 | -€16,018 | -1,090% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,469 | -€17,487 | -€16,018 | -1,090% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.