KRUL SOLUTIONS: 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.
KRUL SOLUTIONS
Largest movements
- Receivables after one year +€15,519
up €15,519 (+10.8%), from €144,007 to €159,526
- Receivables within one year +€11,820
up €11,820 (+55.5%), from €21,279 to €33,099
of which Trade receivables: +€7,703
- Tangible fixed assets -€6,147
down €6,147 (-9.1%), from €67,248 to €61,101
of which Land and buildings: -€5,941
- Cash -€3,236
down €3,236 (-33.4%), from €9,682 to €6,446
mainly Contributions, distributions and other (-€42,389) and Receivables after one year (-€15,519)
- Other debts +€34,389
up €34,389 (+430%), from €8,000 to €42,389
- Advances received +€26,000
new in 2025: €26,000
- Reserves -€20,226
down €20,226 (-11.8%), from €170,990 to €150,765
- Tax, wage and social debts -€10,020
down €10,020 (-97.6%), from €10,265 to €245
of which Taxes: -€7,749
- Debts after one year -€7,193
down €7,193 (-17.0%), from €42,420 to €35,226
- Gross operating margin -€11,036
down €11,036 (-19.6%), from €56,186 to €45,150
- Taxes -€2,855
down €2,855 (-20.4%), from €14,013 to €11,158
- Financial charges +€2,569
up €2,569 (+72.3%), from €3,551 to €6,120
- Depreciation -€694
down €694 (-10.1%), from €6,841 to €6,147
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 | €256,083 | €277,170 | +€21,086 | +8.2% |
| Fixed assets | 21/28 | €67,248 | €63,801 | -€3,447 | -5.1% |
| Tangible fixed assets | 22/27 | €67,248 | €61,101 | -€6,147 | -9.1% |
| Land and buildings | 22 | €65,353 | €59,412 | -€5,941 | -9.1% |
| Plant, machinery and equipment | 23 | €1,895 | €1,689 | -€206 | -10.9% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Financial fixed assets | 28 | - | €2,700 | +€2,700 | |
| Current assets | 29/58 | €188,835 | €213,369 | +€24,533 | +13.0% |
| Amounts receivable after more than one year | 29 | €144,007 | €159,526 | +€15,519 | +10.8% |
| Other amounts receivable | 291 | €144,007 | €159,526 | +€15,519 | +10.8% |
| Amounts receivable within one year | 40/41 | €21,279 | €33,099 | +€11,820 | +55.5% |
| Trade receivables | 40 | €18,297 | €26,000 | +€7,703 | +42.1% |
| Other amounts receivable | 41 | €2,982 | €7,099 | +€4,117 | +138% |
| Current investments | 50/53 | €10,000 | €10,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €9,682 | €6,446 | -€3,236 | -33.4% |
| Deferred charges and accrued income | 490/1 | €3,867 | €4,298 | +€430 | +11.1% |
| Total equity and liabilities | 10/49 | €256,083 | €277,170 | +€21,086 | +8.2% |
| Equity | 10/15 | €177,190 | €156,965 | -€20,226 | -11.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €170,990 | €150,765 | -€20,226 | -11.8% |
| Distributable reserves | 133 | €170,990 | €150,765 | -€20,226 | -11.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €78,893 | €120,205 | +€41,312 | +52.4% |
| Amounts payable after more than one year | 17 | €42,420 | €35,226 | -€7,193 | -17.0% |
| Financial debts | 170/4 | €42,420 | €35,226 | -€7,193 | -17.0% |
| Amounts payable within one year | 42/48 | €33,974 | €82,479 | +€48,505 | +143% |
| Current portion of amounts payable after more than one year | 42 | €12,073 | €12,193 | +€121 | +1.0% |
| Trade debts | 44 | €3,636 | €1,652 | -€1,985 | -54.6% |
| Suppliers | 440/4 | €3,636 | €1,652 | -€1,985 | -54.6% |
| Advances received on contracts in progress | 46 | - | €26,000 | +€26,000 | |
| Taxes, remuneration and social security | 45 | €10,265 | €245 | -€10,020 | -97.6% |
| Taxes | 450/3 | €7,994 | €245 | -€7,749 | -96.9% |
| Remuneration and social security | 454/9 | €2,271 | €0 | -€2,271 | -100% |
| Other amounts payable | 47/48 | €8,000 | €42,389 | +€34,389 | +430% |
| Accrued charges and deferred income | 492/3 | €2,500 | €2,500 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,841 | €6,147 | -€694 | -10.1% |
| Other operating charges | 640/8 | €3,574 | €3,755 | +€181 | +5.1% |
| Gross operating margin | 9900 | €56,186 | €45,150 | -€11,036 | -19.6% |
| Operating profit (loss) | 9901 | €45,771 | €35,247 | -€10,524 | -23.0% |
| Financial income | 75/76B | €3,689 | €4,194 | +€505 | +13.7% |
| Recurring financial income | 75 | €3,689 | €4,194 | +€505 | +13.7% |
| Financial charges | 65/66B | €3,551 | €6,120 | +€2,569 | +72.3% |
| Recurring financial charges | 65 | €3,551 | €6,120 | +€2,569 | +72.3% |
| Profit (loss) for the period before taxes | 9903 | €45,908 | €33,321 | -€12,587 | -27.4% |
| Income taxes | 67/77 | €14,013 | €11,158 | -€2,855 | -20.4% |
| Profit (loss) for the period | 9904 | €31,895 | €22,163 | -€9,732 | -30.5% |
| Profit (loss) for the period to be appropriated | 9905 | €31,895 | €22,163 | -€9,732 | -30.5% |
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 18 October 2026 via checked.be.