KRS CONCEPT: 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.
KRS CONCEPT
Largest movements
- Cash +€24,198
up €24,198 (+17,385%), from €139 to €24,337
mainly Advances received (+€18,822) and Deferred charges and accrued income (+€12,000)
- Deferred charges and accrued income -€12,000
no longer reported in 2025 (was €12,000)
- Receivables within one year +€6,982
up €6,982 (+133%), from €5,238 to €12,220
of which Trade receivables: +€8,037
- Receivables after one year -€5,268
no longer reported in 2025 (was €5,268)
- Tangible fixed assets -€1,029
down €1,029 (-53.1%), from €1,939 to €910
of which Furniture and vehicles: -€977
- Advances received +€18,822
up €18,822 (+1,486%), from €1,267 to €20,089
- Trade debts -€2,201
down €2,201 (-45.3%), from €4,857 to €2,656
- Profit (loss) carried forward -€1,924
down €1,924 (-14.2%), from €13,531 to €11,607
- Tax, wage and social debts -€843
down €843 (-15.6%), from €5,414 to €4,570
of which Taxes: -€842
- Other debts -€650
no longer reported in 2025 (was €650)
- Gross operating margin -€3,395
down €3,395 (-43.3%), from €7,835 to €4,440
- Taxes -€1,683
down €1,683 (-42.6%), from €3,953 to €2,271
- Financial charges +€783
up €783 (+40.9%), from €1,913 to €2,695
- Other operating charges +€549
up €549 (+67.5%), from €813 to €1,362
- Depreciation -€502
down €502 (-32.8%), from €1,531 to €1,029
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 | €27,218 | €40,422 | +€13,204 | +48.5% |
| Fixed assets | 21/28 | €1,939 | €910 | -€1,029 | -53.1% |
| Tangible fixed assets | 22/27 | €1,939 | €910 | -€1,029 | -53.1% |
| Plant, machinery and equipment | 23 | €52 | - | -€52 | |
| Furniture and vehicles | 24 | €1,887 | €910 | -€977 | -51.8% |
| Current assets | 29/58 | €25,279 | €39,512 | +€14,233 | +56.3% |
| Amounts receivable after more than one year | 29 | €5,268 | - | -€5,268 | |
| Trade receivables | 290 | €5,268 | - | -€5,268 | |
| Stocks and contracts in progress | 3 | €2,633 | €2,955 | +€322 | +12.2% |
| Stocks | 30/36 | €2,633 | €2,955 | +€322 | +12.2% |
| Amounts receivable within one year | 40/41 | €5,238 | €12,220 | +€6,982 | +133% |
| Trade receivables | 40 | €4,121 | €12,158 | +€8,037 | +195% |
| Other amounts receivable | 41 | €1,117 | €62 | -€1,054 | -94.4% |
| Cash at bank and in hand | 54/58 | €139 | €24,337 | +€24,198 | +17,385% |
| Deferred charges and accrued income | 490/1 | €12,000 | - | -€12,000 | |
| Total equity and liabilities | 10/49 | €27,218 | €40,422 | +€13,204 | +48.5% |
| Equity | 10/15 | €15,031 | €13,107 | -€1,924 | -12.8% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,531 | €11,607 | -€1,924 | -14.2% |
| Amounts payable | 17/49 | €12,187 | €27,315 | +€15,128 | +124% |
| Amounts payable within one year | 42/48 | €12,187 | €27,315 | +€15,128 | +124% |
| Trade debts | 44 | €4,857 | €2,656 | -€2,201 | -45.3% |
| Suppliers | 440/4 | €4,857 | €2,656 | -€2,201 | -45.3% |
| Advances received on contracts in progress | 46 | €1,267 | €20,089 | +€18,822 | +1,486% |
| Taxes, remuneration and social security | 45 | €5,414 | €4,570 | -€843 | -15.6% |
| Taxes | 450/3 | €5,413 | €4,570 | -€842 | -15.6% |
| Remuneration and social security | 454/9 | €1 | - | -€1 | |
| Other amounts payable | 47/48 | €650 | - | -€650 | |
| Non-recurring operating income | 76A | €3,142 | - | -€3,142 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,531 | €1,029 | -€502 | -32.8% |
| Other operating charges | 640/8 | €813 | €1,362 | +€549 | +67.5% |
| Gross operating margin | 9900 | €7,835 | €4,440 | -€3,395 | -43.3% |
| Operating profit (loss) | 9901 | €5,491 | €2,049 | -€3,442 | -62.7% |
| Financial income | 75/76B | €1,071 | €993 | -€78 | -7.3% |
| Recurring financial income | 75 | €1,071 | €993 | -€78 | -7.3% |
| Financial charges | 65/66B | €1,913 | €2,695 | +€783 | +40.9% |
| Recurring financial charges | 65 | €1,913 | €2,695 | +€783 | +40.9% |
| Profit (loss) for the period before taxes | 9903 | €4,649 | €347 | -€4,302 | -92.5% |
| Income taxes | 67/77 | €3,953 | €2,271 | -€1,683 | -42.6% |
| Profit (loss) for the period | 9904 | €696 | -€1,924 | -€2,620 | |
| Profit (loss) for the period to be appropriated | 9905 | €696 | -€1,924 | -€2,620 |
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 16 October 2026 via checked.be.