KRC FACILITY: 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.
KRC FACILITY
Largest movements
- Tangible fixed assets +€68,966
up €68,966 (+60.7%), from €113,630 to €182,596
of which Furniture and vehicles: +€72,330
- Receivables within one year +€48,348
up €48,348 (+43.1%), from €112,204 to €160,552
of which Trade receivables: +€73,196
- Cash +€25,584
up €25,584 (+46.9%), from €54,601 to €80,185
mainly Debts after one year (+€96,274) and Net result for the year (+€89,581)
- Debts after one year +€96,274
up €96,274 (+268%), from €35,880 to €132,154
- Tax, wage and social debts +€69,632
up €69,632 (+489%), from €14,230 to €83,862
of which Taxes: +€61,752
- Profit (loss) carried forward -€46,045
down €46,045 (-49.2%), from €93,516 to €47,471
- Current portion of long-term debt +€44,639
up €44,639 (+76.2%), from €58,567 to €103,207
- Trade debts -€22,699
down €22,699 (-47.6%), from €47,721 to €25,023
- Gross operating margin +€172,316
up €172,316 (+71.1%), from €242,327 to €414,643
- Taxes +€56,022
up €56,022 (+337%), from €16,623 to €72,645
- Staff costs +€38,851
up €38,851 (+40.2%), from €96,640 to €135,491
- Depreciation +€11,989
up €11,989 (+27.4%), from €43,798 to €55,787
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 | €282,915 | €424,717 | +€141,802 | +50.1% |
| Fixed assets | 21/28 | €113,705 | €182,671 | +€68,966 | +60.7% |
| Tangible fixed assets | 22/27 | €113,630 | €182,596 | +€68,966 | +60.7% |
| Plant, machinery and equipment | 23 | - | €2,293 | +€2,293 | |
| Furniture and vehicles | 24 | €107,973 | €180,303 | +€72,330 | +67.0% |
| Leasing and similar rights | 25 | €5,657 | - | -€5,657 | |
| Financial fixed assets | 28 | €75 | €75 | = | 0.0% |
| Current assets | 29/58 | €169,210 | €242,046 | +€72,836 | +43.0% |
| Amounts receivable within one year | 40/41 | €112,204 | €160,552 | +€48,348 | +43.1% |
| Trade receivables | 40 | - | €73,196 | +€73,196 | |
| Other amounts receivable | 41 | €112,204 | €87,356 | -€24,848 | -22.1% |
| Cash at bank and in hand | 54/58 | €54,601 | €80,185 | +€25,584 | +46.9% |
| Deferred charges and accrued income | 490/1 | €2,405 | €1,309 | -€1,096 | -45.6% |
| Total equity and liabilities | 10/49 | €282,915 | €424,717 | +€141,802 | +50.1% |
| Equity | 10/15 | €126,516 | €80,471 | -€46,045 | -36.4% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €3,000 | €3,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,000 | €3,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €93,516 | €47,471 | -€46,045 | -49.2% |
| Amounts payable | 17/49 | €156,399 | €344,245 | +€187,846 | +120% |
| Amounts payable after more than one year | 17 | €35,880 | €132,154 | +€96,274 | +268% |
| Financial debts | 170/4 | €35,880 | €132,154 | +€96,274 | +268% |
| Amounts payable within one year | 42/48 | €120,518 | €212,091 | +€91,573 | +76.0% |
| Current portion of amounts payable after more than one year | 42 | €58,567 | €103,207 | +€44,639 | +76.2% |
| Trade debts | 44 | €47,721 | €25,023 | -€22,699 | -47.6% |
| Suppliers | 440/4 | €47,721 | €25,023 | -€22,699 | -47.6% |
| Taxes, remuneration and social security | 45 | €14,230 | €83,862 | +€69,632 | +489% |
| Taxes | 450/3 | €969 | €62,721 | +€61,752 | +6,376% |
| Remuneration and social security | 454/9 | €13,261 | €21,141 | +€7,880 | +59.4% |
| Remuneration, social security and pensions | 62 | €96,640 | €135,491 | +€38,851 | +40.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,798 | €55,787 | +€11,989 | +27.4% |
| Other operating charges | 640/8 | €2,411 | €2,532 | +€121 | +5.0% |
| Non-recurring operating charges | 66A | - | €49,355 | +€49,355 | |
| Gross operating margin | 9900 | €242,327 | €414,643 | +€172,316 | +71.1% |
| Operating profit (loss) | 9901 | €99,478 | €171,478 | +€72,000 | +72.4% |
| Financial income | 75/76B | €4 | €4 | +€1 | +19.6% |
| Recurring financial income | 75 | €4 | €4 | +€1 | +19.6% |
| Financial charges | 65/66B | €6,949 | €9,257 | +€2,309 | +33.2% |
| Recurring financial charges | 65 | €6,949 | €9,257 | +€2,309 | +33.2% |
| Profit (loss) for the period before taxes | 9903 | €92,533 | €162,225 | +€69,692 | +75.3% |
| Income taxes | 67/77 | €16,623 | €72,645 | +€56,022 | +337% |
| Profit (loss) for the period | 9904 | €75,910 | €89,581 | +€13,670 | +18.0% |
| Profit (loss) for the period to be appropriated | 9905 | €75,910 | €89,581 | +€13,670 | +18.0% |
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 25 October 2026 via checked.be.