KRUISKIP: 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.
KRUISKIP
Largest movements
- Receivables within one year +€250,570
up €250,570 (+25.9%), from €968,276 to €1.2m
of which Trade receivables: +€233,614
- Tangible fixed assets +€180,001
up €180,001 (+17.3%), from €1.0m to €1.2m
of which Furniture and vehicles: +€158,718
- Trade debts +€267,413
up €267,413 (+45.9%), from €582,628 to €850,041
- Contributions -€120,000
down €120,000 (-28.2%), from €424,789 to €304,789
- Other debts +€104,006
up €104,006 (+1,002%), from €10,377 to €114,383
- Current portion of long-term debt +€88,781
up €88,781 (+43.4%), from €204,698 to €293,479
- Reserves +€82,190
up €82,190 (+17.4%), from €473,344 to €555,534
- Gross operating margin +€215,922
up €215,922 (+16.1%), from €1.3m to €1.6m
- Staff costs +€67,485
up €67,485 (+7.9%), from €852,619 to €920,104
- Depreciation -€21,211
down €21,211 (-5.1%), from €417,796 to €396,585
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 | €2,162,172 | €2,589,296 | +€427,124 | +19.8% |
| Fixed assets | 21/28 | €1,045,730 | €1,225,397 | +€179,667 | +17.2% |
| Tangible fixed assets | 22/27 | €1,043,281 | €1,223,282 | +€180,001 | +17.3% |
| Land and buildings | 22 | €53,000 | €26,500 | -€26,500 | -50.0% |
| Plant, machinery and equipment | 23 | €122,415 | €223,117 | +€100,701 | +82.3% |
| Furniture and vehicles | 24 | €658,456 | €817,174 | +€158,718 | +24.1% |
| Leasing and similar rights | 25 | €186,032 | €136,190 | -€49,842 | -26.8% |
| Other tangible fixed assets | 26 | €23,378 | €20,301 | -€3,077 | -13.2% |
| Financial fixed assets | 28 | €2,449 | €2,115 | -€334 | -13.6% |
| Current assets | 29/58 | €1,116,443 | €1,363,899 | +€247,457 | +22.2% |
| Amounts receivable within one year | 40/41 | €968,276 | €1,218,846 | +€250,570 | +25.9% |
| Trade receivables | 40 | €908,774 | €1,142,388 | +€233,614 | +25.7% |
| Other amounts receivable | 41 | €59,502 | €76,458 | +€16,956 | +28.5% |
| Cash at bank and in hand | 54/58 | €99,130 | €78,454 | -€20,676 | -20.9% |
| Deferred charges and accrued income | 490/1 | €49,037 | €66,599 | +€17,562 | +35.8% |
| Total equity and liabilities | 10/49 | €2,162,172 | €2,589,296 | +€427,124 | +19.8% |
| Equity | 10/15 | €898,134 | €860,323 | -€37,810 | -4.2% |
| Contributions | 10/11 | €424,789 | €304,789 | -€120,000 | -28.2% |
| Reserves | 13 | €473,344 | €555,534 | +€82,190 | +17.4% |
| Distributable reserves | 133 | €473,344 | €555,534 | +€82,190 | +17.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,264,039 | €1,728,973 | +€464,934 | +36.8% |
| Amounts payable after more than one year | 17 | €354,189 | €372,638 | +€18,449 | +5.2% |
| Financial debts | 170/4 | €354,189 | €372,638 | +€18,449 | +5.2% |
| Amounts payable within one year | 42/48 | €909,849 | €1,356,334 | +€446,485 | +49.1% |
| Current portion of amounts payable after more than one year | 42 | €204,698 | €293,479 | +€88,781 | +43.4% |
| Trade debts | 44 | €582,628 | €850,041 | +€267,413 | +45.9% |
| Suppliers | 440/4 | €582,628 | €850,041 | +€267,413 | +45.9% |
| Taxes, remuneration and social security | 45 | €112,145 | €98,431 | -€13,715 | -12.2% |
| Taxes | 450/3 | €49,292 | €36,870 | -€12,422 | -25.2% |
| Remuneration and social security | 454/9 | €62,853 | €61,561 | -€1,293 | -2.1% |
| Other amounts payable | 47/48 | €10,377 | €114,383 | +€104,006 | +1,002% |
| Non-recurring operating income | 76A | - | €31,017 | +€31,017 | |
| Remuneration, social security and pensions | 62 | €852,619 | €920,104 | +€67,485 | +7.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €417,796 | €396,585 | -€21,211 | -5.1% |
| Other operating charges | 640/8 | €24,521 | €19,879 | -€4,642 | -18.9% |
| Gross operating margin | 9900 | €1,344,417 | €1,560,339 | +€215,922 | +16.1% |
| Operating profit (loss) | 9901 | €49,481 | €223,771 | +€174,290 | +352% |
| Financial income | 75/76B | €7,362 | €3,482 | -€3,880 | -52.7% |
| Recurring financial income | 75 | €3,862 | €3,482 | -€380 | -9.8% |
| Non-recurring financial income | 76B | €3,500 | €0 | -€3,500 | -100% |
| Financial charges | 65/66B | €22,726 | €29,634 | +€6,908 | +30.4% |
| Recurring financial charges | 65 | €22,726 | €29,634 | +€6,908 | +30.4% |
| Profit (loss) for the period before taxes | 9903 | €34,117 | €197,619 | +€163,502 | +479% |
| Income taxes | 67/77 | €3,525 | €18,413 | +€14,888 | +422% |
| Profit (loss) for the period | 9904 | €30,592 | €179,206 | +€148,614 | +486% |
| Profit (loss) for the period to be appropriated | 9905 | €30,592 | €179,206 | +€148,614 | +486% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.