KROTOS: 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.
KROTOS
Largest movements
- Tangible fixed assets +€499,582
up €499,582 (+181%), from €276,294 to €775,876
of which Furniture and vehicles: +€476,862
- Receivables within one year -€406,326
down €406,326 (-91.5%), from €443,973 to €37,647
of which Trade receivables: -€303,435
- Current investments +€113,327
new in 2025: €113,327
- Cash -€87,662
no longer reported in 2025 (was €87,662)
mainly Investment in fixed assets (net) (-€624,120) and Trade debts (-€177,110)
- Profit (loss) carried forward +€341,285
up €341,285 (+81.0%), from €421,400 to €762,685
- Trade debts -€177,110
down €177,110 (-85.9%), from €206,078 to €28,967
- Tax, wage and social debts -€44,917
down €44,917 (-24.9%), from €180,629 to €135,711
of which Remuneration and social security: -€34,547
- Gross operating margin +€136,421
up €136,421 (+20.3%), from €671,679 to €808,100
- Depreciation +€91,026
up €91,026 (+272%), from €33,511 to €124,538
- Staff costs +€31,656
up €31,656 (+16.0%), from €198,221 to €229,877
- Financial charges -€30,073
down €30,073 (-85.8%), from €35,065 to €4,992
- Other operating charges -€8,632
down €8,632 (-96.5%), from €8,946 to €313
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 | €810,106 | €929,364 | +€119,257 | +14.7% |
| Fixed assets | 21/28 | €276,294 | €775,876 | +€499,582 | +181% |
| Tangible fixed assets | 22/27 | €276,294 | €775,876 | +€499,582 | +181% |
| Furniture and vehicles | 24 | €108,498 | €585,361 | +€476,862 | +440% |
| Leasing and similar rights | 25 | €167,795 | €149,418 | -€18,378 | -11.0% |
| Other tangible fixed assets | 26 | - | €41,097 | +€41,097 | |
| Current assets | 29/58 | €533,812 | €153,488 | -€380,325 | -71.2% |
| Amounts receivable within one year | 40/41 | €443,973 | €37,647 | -€406,326 | -91.5% |
| Trade receivables | 40 | €327,296 | €23,861 | -€303,435 | -92.7% |
| Other amounts receivable | 41 | €116,677 | €13,786 | -€102,891 | -88.2% |
| Current investments | 50/53 | - | €113,327 | +€113,327 | |
| Cash at bank and in hand | 54/58 | €87,662 | - | -€87,662 | |
| Deferred charges and accrued income | 490/1 | €2,177 | €2,514 | +€337 | +15.5% |
| Total equity and liabilities | 10/49 | €810,106 | €929,364 | +€119,257 | +14.7% |
| Equity | 10/15 | €423,400 | €764,685 | +€341,285 | +80.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Capital | 10 | - | €2,000 | +€2,000 | |
| Issued capital | 100 | - | €2,000 | +€2,000 | |
| Profit (loss) carried forward | 14 | €421,400 | €762,685 | +€341,285 | +81.0% |
| Amounts payable | 17/49 | €386,706 | €164,678 | -€222,028 | -57.4% |
| Amounts payable within one year | 42/48 | €386,706 | €164,678 | -€222,028 | -57.4% |
| Trade debts | 44 | €206,078 | €28,967 | -€177,110 | -85.9% |
| Suppliers | 440/4 | €206,078 | €28,967 | -€177,110 | -85.9% |
| Taxes, remuneration and social security | 45 | €180,629 | €135,711 | -€44,917 | -24.9% |
| Taxes | 450/3 | €119,297 | €108,926 | -€10,371 | -8.7% |
| Remuneration and social security | 454/9 | €61,332 | €26,785 | -€34,547 | -56.3% |
| Remuneration, social security and pensions | 62 | €198,221 | €229,877 | +€31,656 | +16.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,511 | €124,538 | +€91,026 | +272% |
| Other operating charges | 640/8 | €8,946 | €313 | -€8,632 | -96.5% |
| Gross operating margin | 9900 | €671,679 | €808,100 | +€136,421 | +20.3% |
| Operating profit (loss) | 9901 | €431,001 | €453,372 | +€22,371 | +5.2% |
| Financial income | 75/76B | €1,063 | - | -€1,063 | |
| Recurring financial income | 75 | €1,063 | - | -€1,063 | |
| Financial charges | 65/66B | €35,065 | €4,992 | -€30,073 | -85.8% |
| Recurring financial charges | 65 | €35,065 | €4,992 | -€30,073 | -85.8% |
| Profit (loss) for the period before taxes | 9903 | €396,999 | €448,380 | +€51,381 | +12.9% |
| Income taxes | 67/77 | €102,735 | €107,095 | +€4,360 | +4.2% |
| Profit (loss) for the period | 9904 | €294,264 | €341,285 | +€47,021 | +16.0% |
| Profit (loss) for the period to be appropriated | 9905 | €294,264 | €341,285 | +€47,021 | +16.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.