KRS Construct: 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 Construct
Largest movements
- Receivables within one year -€18,418
down €18,418 (-67.5%), from €27,304 to €8,886
of which Trade receivables: -€18,528
- Tangible fixed assets -€10,600
down €10,600 (-19.6%), from €53,950 to €43,350
of which Furniture and vehicles: -€12,600
- Cash -€10,533
down €10,533 (-92.9%), from €11,340 to €807
mainly Trade debts (-€22,818) and Debts after one year (-€6,320)
- Trade debts -€22,818
no longer reported in 2025 (was €22,818)
- Debts after one year -€6,320
down €6,320 (-23.5%), from €26,938 to €20,618
- Profit (loss) carried forward -€6,210
down €6,210, from €380 to -€5,830
- Other debts -€4,077
down €4,077 (-13.7%), from €29,718 to €25,641
- Depreciation +€10,550
up €10,550 (+346%), from €3,050 to €13,600
- Gross operating margin +€5,918
up €5,918 (+63.3%), from €9,353 to €15,271
- Financial charges +€2,790
up €2,790 (+151%), from €1,845 to €4,635
- Taxes -€529
no longer reported in 2025 (was €529)
- Staff costs +€396
up €396 (+19.0%), from €2,088 to €2,484
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 | €95,944 | €56,000 | -€39,944 | -41.6% |
| Fixed assets | 21/28 | €55,975 | €45,762 | -€10,213 | -18.2% |
| Tangible fixed assets | 22/27 | €53,950 | €43,350 | -€10,600 | -19.6% |
| Plant, machinery and equipment | 23 | - | €2,000 | +€2,000 | |
| Furniture and vehicles | 24 | €53,950 | €41,350 | -€12,600 | -23.4% |
| Financial fixed assets | 28 | €2,025 | €2,412 | +€387 | +19.1% |
| Current assets | 29/58 | €39,969 | €10,237 | -€29,732 | -74.4% |
| Amounts receivable within one year | 40/41 | €27,304 | €8,886 | -€18,418 | -67.5% |
| Trade receivables | 40 | €22,961 | €4,433 | -€18,528 | -80.7% |
| Other amounts receivable | 41 | €4,343 | €4,452 | +€109 | +2.5% |
| Cash at bank and in hand | 54/58 | €11,340 | €807 | -€10,533 | -92.9% |
| Deferred charges and accrued income | 490/1 | €1,325 | €545 | -€780 | -58.9% |
| Total equity and liabilities | 10/49 | €95,944 | €56,000 | -€39,944 | -41.6% |
| Equity | 10/15 | €2,380 | -€3,830 | -€6,210 | |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Capital | 10 | €2,000 | €2,000 | = | 0.0% |
| Issued capital | 100 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €380 | -€5,830 | -€6,210 | |
| Amounts payable | 17/49 | €93,564 | €59,830 | -€33,734 | -36.1% |
| Amounts payable after more than one year | 17 | €26,938 | €20,618 | -€6,320 | -23.5% |
| Financial debts | 170/4 | €26,938 | €20,618 | -€6,320 | -23.5% |
| Amounts payable within one year | 42/48 | €66,626 | €39,212 | -€27,414 | -41.1% |
| Current portion of amounts payable after more than one year | 42 | €6,062 | €6,320 | +€258 | +4.3% |
| Trade debts | 44 | €22,818 | - | -€22,818 | |
| Suppliers | 440/4 | €22,818 | - | -€22,818 | |
| Taxes, remuneration and social security | 45 | €8,028 | €7,251 | -€777 | -9.7% |
| Taxes | 450/3 | €8,028 | €7,251 | -€777 | -9.7% |
| Other amounts payable | 47/48 | €29,718 | €25,641 | -€4,077 | -13.7% |
| Remuneration, social security and pensions | 62 | €2,088 | €2,484 | +€396 | +19.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,050 | €13,600 | +€10,550 | +346% |
| Other operating charges | 640/8 | €760 | €644 | -€116 | -15.2% |
| Non-recurring operating charges | 66A | €703 | €241 | -€462 | -65.7% |
| Gross operating margin | 9900 | €9,353 | €15,271 | +€5,918 | +63.3% |
| Operating profit (loss) | 9901 | €2,752 | -€1,698 | -€4,450 | |
| Financial income | 75/76B | €2 | €123 | +€121 | +6,044% |
| Recurring financial income | 75 | €2 | €123 | +€121 | +6,044% |
| Financial charges | 65/66B | €1,845 | €4,635 | +€2,790 | +151% |
| Recurring financial charges | 65 | €1,845 | €4,635 | +€2,790 | +151% |
| Profit (loss) for the period before taxes | 9903 | €909 | -€6,210 | -€7,119 | |
| Income taxes | 67/77 | €529 | - | -€529 | |
| Profit (loss) for the period | 9904 | €380 | -€6,210 | -€6,590 | |
| Profit (loss) for the period to be appropriated | 9905 | €380 | -€6,210 | -€6,590 |
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 19 October 2026 via checked.be.