KROONWAARTS: what changed
KROONWAARTS
Largest movements
- Receivables within one year +€8,512
up €8,512 (+37.8%), from €22,538 to €31,049
of which Other amounts receivable: +€13,901
- Deferred charges and accrued income +€2,748
up €2,748 (+167%), from €1,650 to €4,398
- Cash -€2,379
down €2,379 (-15.1%), from €15,742 to €13,362
mainly Debts after one year (-€10,000) and Receivables within one year (-€8,512)
- Stocks and contracts -€1,448
down €1,448 (-18.2%), from €7,974 to €6,526
- Profit (loss) carried forward +€10,478
up €10,478 (+15.6%), from -€67,223 to -€56,744
- Debts after one year -€10,000
down €10,000 (-100%), from €10,000 to €0
- Trade debts +€4,793
up €4,793 (+14.0%), from €34,151 to €38,944
- Tax, wage and social debts +€2,099
up €2,099 (+13.2%), from €15,869 to €17,968
of which Remuneration and social security: +€1,075
- Gross operating margin +€18,207
up €18,207 (+22.7%), from €80,078 to €98,285
- Staff costs +€6,754
up €6,754 (+10.1%), from €66,951 to €73,705
- Financial charges +€4,119
up €4,119 (+150%), from €2,755 to €6,874
- Other operating charges +€2,890
up €2,890 (+68.8%), from €4,197 to €7,087
- Depreciation -€2,398
down €2,398 (-93.0%), from €2,579 to €182
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €48,142 | €55,393 | +€7,251 | +15.1% |
| Fixed assets | 21/28 | €239 | €57 | -€182 | -76.0% |
| Tangible fixed assets | 22/27 | €239 | €57 | -€182 | -76.0% |
| Plant, machinery and equipment | 23 | €239 | €57 | -€182 | -76.0% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Current assets | 29/58 | €47,903 | €55,335 | +€7,432 | +15.5% |
| Stocks and contracts in progress | 3 | €7,974 | €6,526 | -€1,448 | -18.2% |
| Stocks | 30/36 | €7,974 | €6,526 | -€1,448 | -18.2% |
| Amounts receivable within one year | 40/41 | €22,538 | €31,049 | +€8,512 | +37.8% |
| Trade receivables | 40 | €6,550 | €1,160 | -€5,390 | -82.3% |
| Other amounts receivable | 41 | €15,988 | €29,889 | +€13,901 | +86.9% |
| Cash at bank and in hand | 54/58 | €15,742 | €13,362 | -€2,379 | -15.1% |
| Deferred charges and accrued income | 490/1 | €1,650 | €4,398 | +€2,748 | +167% |
| Total equity and liabilities | 10/49 | €48,142 | €55,393 | +€7,251 | +15.1% |
| Equity | 10/15 | -€33,109 | -€22,631 | +€10,478 | +31.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €15,513 | €15,513 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €13,653 | €13,653 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€67,223 | -€56,744 | +€10,478 | +15.6% |
| Amounts payable | 17/49 | €81,251 | €78,023 | -€3,227 | -4.0% |
| Amounts payable after more than one year | 17 | €10,000 | €0 | -€10,000 | -100% |
| Other amounts payable | 178/9 | €10,000 | €0 | -€10,000 | -100% |
| Amounts payable within one year | 42/48 | €71,160 | €77,758 | +€6,598 | +9.3% |
| Trade debts | 44 | €34,151 | €38,944 | +€4,793 | +14.0% |
| Suppliers | 440/4 | €34,151 | €38,944 | +€4,793 | +14.0% |
| Taxes, remuneration and social security | 45 | €15,869 | €17,968 | +€2,099 | +13.2% |
| Taxes | 450/3 | €8,431 | €9,455 | +€1,024 | +12.1% |
| Remuneration and social security | 454/9 | €7,438 | €8,513 | +€1,075 | +14.5% |
| Other amounts payable | 47/48 | €21,140 | €20,846 | -€294 | -1.4% |
| Accrued charges and deferred income | 492/3 | €91 | €265 | +€174 | +193% |
| Remuneration, social security and pensions | 62 | €66,951 | €73,705 | +€6,754 | +10.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,579 | €182 | -€2,398 | -93.0% |
| Other operating charges | 640/8 | €4,197 | €7,087 | +€2,890 | +68.8% |
| Gross operating margin | 9900 | €80,078 | €98,285 | +€18,207 | +22.7% |
| Operating profit (loss) | 9901 | €6,350 | €17,312 | +€10,961 | +173% |
| Financial income | 75/76B | €82 | €40 | -€42 | -50.9% |
| Recurring financial income | 75 | €82 | €40 | -€42 | -50.9% |
| Financial charges | 65/66B | €2,755 | €6,874 | +€4,119 | +150% |
| Recurring financial charges | 65 | €2,755 | €6,874 | +€4,119 | +150% |
| Profit (loss) for the period before taxes | 9903 | €3,678 | €10,478 | +€6,801 | +185% |
| Profit (loss) for the period | 9904 | €3,678 | €10,478 | +€6,801 | +185% |
| Profit (loss) for the period to be appropriated | 9905 | €3,678 | €10,478 | +€6,801 | +185% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.