LAENEN KRIS: 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.
LAENEN KRIS
Largest movements
- Tangible fixed assets -€564,126
down €564,126 (-99.9%), from €564,433 to €308
of which Land and buildings: -€563,440
- Receivables after one year +€170,128
up €170,128 (+196%), from €86,750 to €256,878
- Cash +€37,664
up €37,664 (+2,402%), from €1,568 to €39,232
mainly Investment in fixed assets (net) (+€563,040) and Trade debts (+€15,171)
- Debts after one year -€128,891
no longer reported in 2025 (was €128,891)
- Other debts -€128,093
down €128,093 (-97.9%), from €130,837 to €2,744
- Reserves -€74,487
down €74,487 (-22.3%), from €333,514 to €259,026
- Current portion of long-term debt -€26,659
no longer reported in 2025 (was €26,659)
- Tax, wage and social debts -€18,292
down €18,292 (-77.9%), from €23,495 to €5,203
of which Taxes: -€18,310
- Gross operating margin -€127,843
down €127,843 (-84.5%), from €151,366 to €23,523
- Taxes -€34,057
down €34,057 (-96.7%), from €35,222 to €1,165
- Depreciation -€17,870
down €17,870 (-96.3%), from €18,555 to €685
- Other operating charges -€1,917
down €1,917 (-20.2%), from €9,513 to €7,596
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 | €683,114 | €324,445 | -€358,669 | -52.5% |
| Fixed assets | 21/28 | €566,758 | €3,033 | -€563,726 | -99.5% |
| Tangible fixed assets | 22/27 | €564,433 | €308 | -€564,126 | -99.9% |
| Land and buildings | 22 | €563,440 | - | -€563,440 | |
| Plant, machinery and equipment | 23 | €413 | €308 | -€105 | -25.5% |
| Furniture and vehicles | 24 | €580 | - | -€580 | |
| Financial fixed assets | 28 | €2,325 | €2,725 | +€400 | +17.2% |
| Current assets | 29/58 | €116,356 | €321,413 | +€205,057 | +176% |
| Amounts receivable after more than one year | 29 | €86,750 | €256,878 | +€170,128 | +196% |
| Other amounts receivable | 291 | €86,750 | €256,878 | +€170,128 | +196% |
| Stocks and contracts in progress | 3 | €3,093 | - | -€3,093 | |
| Stocks | 30/36 | €3,093 | - | -€3,093 | |
| Amounts receivable within one year | 40/41 | €22,655 | €22,626 | -€29 | -0.1% |
| Trade receivables | 40 | €21,881 | €7,492 | -€14,389 | -65.8% |
| Other amounts receivable | 41 | €774 | €15,134 | +€14,360 | +1,856% |
| Current investments | 50/53 | €280 | €280 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,568 | €39,232 | +€37,664 | +2,402% |
| Deferred charges and accrued income | 490/1 | €2,010 | €2,397 | +€387 | +19.2% |
| Total equity and liabilities | 10/49 | €683,114 | €324,445 | -€358,669 | -52.5% |
| Equity | 10/15 | €353,514 | €281,610 | -€71,904 | -20.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €333,514 | €259,026 | -€74,487 | -22.3% |
| Distributable reserves | 133 | €333,514 | €259,026 | -€74,487 | -22.3% |
| Profit (loss) carried forward | 14 | - | €2,583 | +€2,583 | |
| Amounts payable | 17/49 | €329,600 | €42,836 | -€286,765 | -87.0% |
| Amounts payable after more than one year | 17 | €128,891 | - | -€128,891 | |
| Financial debts | 170/4 | €128,891 | - | -€128,891 | |
| Amounts payable within one year | 42/48 | €200,709 | €42,836 | -€157,874 | -78.7% |
| Current portion of amounts payable after more than one year | 42 | €26,659 | - | -€26,659 | |
| Trade debts | 44 | €19,719 | €34,890 | +€15,171 | +76.9% |
| Suppliers | 440/4 | €19,719 | €34,890 | +€15,171 | +76.9% |
| Taxes, remuneration and social security | 45 | €23,495 | €5,203 | -€18,292 | -77.9% |
| Taxes | 450/3 | €20,114 | €1,804 | -€18,310 | -91.0% |
| Remuneration and social security | 454/9 | €3,381 | €3,399 | +€18 | +0.5% |
| Other amounts payable | 47/48 | €130,837 | €2,744 | -€128,093 | -97.9% |
| Non-recurring operating income | 76A | €88,595 | €49,842 | -€38,753 | -43.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,555 | €685 | -€17,870 | -96.3% |
| Other operating charges | 640/8 | €9,513 | €7,596 | -€1,917 | -20.2% |
| Non-recurring operating charges | 66A | - | €4,827 | +€4,827 | |
| Gross operating margin | 9900 | €151,366 | €23,523 | -€127,843 | -84.5% |
| Operating profit (loss) | 9901 | €123,298 | €10,415 | -€112,884 | -91.6% |
| Financial income | 75/76B | €17 | €46 | +€29 | +169% |
| Recurring financial income | 75 | €17 | €46 | +€29 | +169% |
| Financial charges | 65/66B | €7,472 | €6,713 | -€759 | -10.2% |
| Recurring financial charges | 65 | €7,472 | €6,713 | -€759 | -10.2% |
| Profit (loss) for the period before taxes | 9903 | €115,843 | €3,748 | -€112,096 | -96.8% |
| Income taxes | 67/77 | €35,222 | €1,165 | -€34,057 | -96.7% |
| Profit (loss) for the period | 9904 | €80,622 | €2,583 | -€78,039 | -96.8% |
| Profit (loss) for the period to be appropriated | 9905 | €80,622 | €2,583 | -€78,039 | -96.8% |
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 29 October 2026 via checked.be.