KROONIA: 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.
KROONIA
Largest movements
- Stocks and contracts +€96,100
up €96,100 (+56.5%), from €170,149 to €266,249
- Cash +€31,469
up €31,469 (+41.3%), from €76,256 to €107,726
mainly Tax, wage and social debts (+€64,558) and Other debts (+€44,422)
- Tangible fixed assets -€16,133
down €16,133 (-18.6%), from €86,583 to €70,450
- Receivables within one year +€6,144
up €6,144 (+47.1%), from €13,037 to €19,181
of which Trade receivables: +€6,357
- Tax, wage and social debts +€64,558
up €64,558 (+347%), from €18,612 to €83,170
of which Remuneration and social security: +€40,026
- Other debts +€44,422
up €44,422 (+114%), from €38,810 to €83,232
- Profit (loss) carried forward +€25,927
up €25,927 (+20.2%), from €128,630 to €154,558
- Debts after one year -€10,772
down €10,772 (-67.1%), from €16,045 to €5,273
of which Financial debts: -€10,772
- Gross operating margin +€58,643
up €58,643 (+57.3%), from €102,327 to €160,970
- Staff costs +€39,949
up €39,949 (+63.0%), from €63,413 to €103,362
- Depreciation +€7,007
up €7,007 (+49.6%), from €14,121 to €21,128
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €356,780 | €474,361 | +€117,581 | +33.0% |
| Fixed assets | 21/28 | €97,233 | €81,100 | -€16,133 | -16.6% |
| Tangible fixed assets | 22/27 | €86,583 | €70,450 | -€16,133 | -18.6% |
| Plant, machinery and equipment | 23 | €15,500 | €13,296 | -€2,204 | -14.2% |
| Furniture and vehicles | 24 | €33,188 | €25,235 | -€7,953 | -24.0% |
| Other tangible fixed assets | 26 | €37,895 | €31,919 | -€5,976 | -15.8% |
| Financial fixed assets | 28 | €10,650 | €10,650 | = | 0.0% |
| Current assets | 29/58 | €259,547 | €393,261 | +€133,714 | +51.5% |
| Stocks and contracts in progress | 3 | €170,149 | €266,249 | +€96,100 | +56.5% |
| Stocks | 30/36 | €170,149 | €266,249 | +€96,100 | +56.5% |
| Amounts receivable within one year | 40/41 | €13,037 | €19,181 | +€6,144 | +47.1% |
| Trade receivables | 40 | €12,824 | €19,181 | +€6,357 | +49.6% |
| Other amounts receivable | 41 | €213 | - | -€213 | |
| Cash at bank and in hand | 54/58 | €76,256 | €107,726 | +€31,469 | +41.3% |
| Deferred charges and accrued income | 490/1 | €105 | €105 | = | 0.0% |
| Total equity and liabilities | 10/49 | €356,780 | €474,361 | +€117,581 | +33.0% |
| Equity | 10/15 | €152,364 | €178,292 | +€25,927 | +17.0% |
| Contributions | 10/11 | €21,576 | €21,576 | = | 0.0% |
| Reserves | 13 | €2,158 | €2,158 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,158 | €2,158 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,158 | €2,158 | = | 0.0% |
| Profit (loss) carried forward | 14 | €128,630 | €154,558 | +€25,927 | +20.2% |
| Amounts payable | 17/49 | €204,416 | €296,069 | +€91,653 | +44.8% |
| Amounts payable after more than one year | 17 | €16,045 | €5,273 | -€10,772 | -67.1% |
| Financial debts | 170/4 | €14,545 | €3,773 | -€10,772 | -74.1% |
| Other amounts payable | 178/9 | €1,500 | €1,500 | = | 0.0% |
| Amounts payable within one year | 42/48 | €188,371 | €290,797 | +€102,426 | +54.4% |
| Current portion of amounts payable after more than one year | 42 | €15,370 | €10,772 | -€4,598 | -29.9% |
| Trade debts | 44 | €115,579 | €113,622 | -€1,957 | -1.7% |
| Suppliers | 440/4 | €115,579 | €113,622 | -€1,957 | -1.7% |
| Taxes, remuneration and social security | 45 | €18,612 | €83,170 | +€64,558 | +347% |
| Taxes | 450/3 | €15,519 | €40,051 | +€24,532 | +158% |
| Remuneration and social security | 454/9 | €3,093 | €43,119 | +€40,026 | +1,294% |
| Other amounts payable | 47/48 | €38,810 | €83,232 | +€44,422 | +114% |
| Remuneration, social security and pensions | 62 | €63,413 | €103,362 | +€39,949 | +63.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,121 | €21,128 | +€7,007 | +49.6% |
| Other operating charges | 640/8 | €69 | €669 | +€600 | +865% |
| Gross operating margin | 9900 | €102,327 | €160,970 | +€58,643 | +57.3% |
| Operating profit (loss) | 9901 | €24,723 | €35,811 | +€11,088 | +44.8% |
| Financial charges | 65/66B | €1,505 | €2,432 | +€928 | +61.7% |
| Recurring financial charges | 65 | €1,505 | €2,432 | +€928 | +61.7% |
| Profit (loss) for the period before taxes | 9903 | €23,219 | €33,378 | +€10,160 | +43.8% |
| Income taxes | 67/77 | €6,270 | €7,451 | +€1,181 | +18.8% |
| Profit (loss) for the period | 9904 | €16,949 | €25,927 | +€8,979 | +53.0% |
| Profit (loss) for the period to be appropriated | 9905 | €16,949 | €25,927 | +€8,979 | +53.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.