KRYOTECH: what changed
Two fiscal 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.
KRYOTECH
Largest movements
- Receivables within one year +€34,430
up €34,430 (+40.5%), from €84,978 to €119,408
of which Other amounts receivable: +€17,998
- Deferred charges and accrued income -€26,245
no longer reported in 2024 (was €26,245)
- Stocks and contracts +€17,579
up €17,579 (+109.0%), from €16,121 to €33,700
- Short-term financial debts -€57,478
down €57,478 (-50.4%), from €114,037 to €56,558
- Other debts +€52,507
up €52,507 (+58.5%), from €89,711 to €142,218
- Debts after one year -€49,626
down €49,626 (-40.3%), from €123,198 to €73,571
- Tax, wage and social debts +€46,352
up €46,352 (+70.0%), from €66,230 to €112,582
of which Remuneration and social security: +€59,116
- Current portion of long-term debt +€18,000
new in 2024: €18,000
- Staff costs +€15,704
up €15,704 (+4.5%), from €349,445 to €365,149
From the 2023 result to the 2024 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.
Cash bridge derived
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €571,506 | €593,019 | +€21,513 | +3.8% |
| Fixed assets | 21/28 | €444,162 | €439,911 | -€4,251 | -1.0% |
| Tangible fixed assets | 22/27 | €16,072 | €11,821 | -€4,251 | -26.5% |
| Land and buildings | 22 | €8,084 | €6,959 | -€1,125 | -13.9% |
| Plant, machinery and equipment | 23 | €2,272 | €1,412 | -€860 | -37.9% |
| Furniture and vehicles | 24 | €5,716 | €3,450 | -€2,267 | -39.7% |
| Financial fixed assets | 28 | €428,090 | €428,090 | = | 0.0% |
| Current assets | 29/58 | €127,343 | €153,108 | +€25,765 | +20.2% |
| Stocks and contracts in progress | 3 | €16,121 | €33,700 | +€17,579 | +109.0% |
| Stocks | 30/36 | €16,121 | €33,700 | +€17,579 | +109.0% |
| Amounts receivable within one year | 40/41 | €84,978 | €119,408 | +€34,430 | +40.5% |
| Trade receivables | 40 | €64,896 | €81,329 | +€16,433 | +25.3% |
| Other amounts receivable | 41 | €20,082 | €38,079 | +€17,998 | +89.6% |
| Deferred charges and accrued income | 490/1 | €26,245 | - | -€26,245 | |
| Total equity and liabilities | 10/49 | €571,506 | €593,019 | +€21,513 | +3.8% |
| Equity | 10/15 | €107,948 | €107,093 | -€855 | -0.8% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €55,000 | €55,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,000 | €5,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,000 | €5,000 | = | 0.0% |
| Distributable reserves | 133 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,948 | €2,093 | -€855 | -29.0% |
| Amounts payable | 17/49 | €463,558 | €485,926 | +€22,368 | +4.8% |
| Amounts payable after more than one year | 17 | €123,198 | €73,571 | -€49,626 | -40.3% |
| Financial debts | 170/4 | €123,198 | €73,571 | -€49,626 | -40.3% |
| Amounts payable within one year | 42/48 | €340,360 | €412,355 | +€71,994 | +21.2% |
| Current portion of amounts payable after more than one year | 42 | - | €18,000 | +€18,000 | |
| Financial debts | 43 | €114,037 | €56,558 | -€57,478 | -50.4% |
| Credit institutions | 430/8 | €114,037 | €56,558 | -€57,478 | -50.4% |
| Trade debts | 44 | €70,382 | €82,996 | +€12,614 | +17.9% |
| Suppliers | 440/4 | €70,382 | €82,996 | +€12,614 | +17.9% |
| Taxes, remuneration and social security | 45 | €66,230 | €112,582 | +€46,352 | +70.0% |
| Taxes | 450/3 | €63,473 | €50,709 | -€12,764 | -20.1% |
| Remuneration and social security | 454/9 | €2,757 | €61,873 | +€59,116 | +2144.1% |
| Other amounts payable | 47/48 | €89,711 | €142,218 | +€52,507 | +58.5% |
| Remuneration, social security and pensions | 62 | €349,445 | €365,149 | +€15,704 | +4.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,033 | €5,340 | -€2,693 | -33.5% |
| Other operating charges | 640/8 | €2,195 | €1,763 | -€432 | -19.7% |
| Gross operating margin | 9900 | €395,175 | €393,427 | -€1,748 | -0.4% |
| Operating profit (loss) | 9901 | €35,502 | €21,175 | -€14,326 | -40.4% |
| Financial income | 75/76B | €3 | €1 | -€3 | -85.1% |
| Recurring financial income | 75 | €3 | €1 | -€3 | -85.1% |
| Financial charges | 65/66B | €13,979 | €16,471 | +€2,492 | +17.8% |
| Recurring financial charges | 65 | €13,979 | €16,471 | +€2,492 | +17.8% |
| Profit (loss) for the period before taxes | 9903 | €21,526 | €4,705 | -€16,821 | -78.1% |
| Income taxes | 67/77 | €9,021 | €5,560 | -€3,461 | -38.4% |
| Profit (loss) for the period | 9904 | €12,505 | -€855 | -€13,360 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,505 | -€855 | -€13,360 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.