Kheiron 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.
Kheiron Solutions
Largest movements
- Cash -€130,264
down €130,264 (-64.4%), from €202,136 to €71,873
mainly Contributions, distributions and other (-€225,000) and Receivables within one year (-€8,416)
- Tangible fixed assets -€11,676
down €11,676 (-41.1%), from €28,432 to €16,756
- Receivables within one year +€8,416
up €8,416 (+3,644%), from €231 to €8,647
of which Trade receivables: +€7,063
- Profit (loss) carried forward -€179,836
down €179,836 (-90.6%), from €198,574 to €18,738
- Other debts +€45,003
up €45,003 (+128%), from €35,041 to €80,044
- Gross operating margin -€16,993
down €16,993 (-18.7%), from €90,629 to €73,636
- Taxes -€3,431
down €3,431 (-21.7%), from €15,791 to €12,360
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 | €236,290 | €102,050 | -€134,241 | -56.8% |
| Fixed assets | 21/28 | €28,432 | €16,756 | -€11,676 | -41.1% |
| Tangible fixed assets | 22/27 | €28,432 | €16,756 | -€11,676 | -41.1% |
| Furniture and vehicles | 24 | €28,432 | €16,756 | -€11,676 | -41.1% |
| Current assets | 29/58 | €207,858 | €85,294 | -€122,565 | -59.0% |
| Amounts receivable within one year | 40/41 | €231 | €8,647 | +€8,416 | +3,644% |
| Trade receivables | 40 | €10 | €7,073 | +€7,063 | +70,705% |
| Other amounts receivable | 41 | €221 | €1,574 | +€1,353 | +612% |
| Cash at bank and in hand | 54/58 | €202,136 | €71,873 | -€130,264 | -64.4% |
| Deferred charges and accrued income | 490/1 | €5,491 | €4,774 | -€717 | -13.1% |
| Total equity and liabilities | 10/49 | €236,290 | €102,050 | -€134,241 | -56.8% |
| Equity | 10/15 | €199,174 | €19,338 | -€179,836 | -90.3% |
| Contributions | 10/11 | €600 | €600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €198,574 | €18,738 | -€179,836 | -90.6% |
| Amounts payable | 17/49 | €37,116 | €82,712 | +€45,596 | +123% |
| Amounts payable within one year | 42/48 | €35,120 | €80,191 | +€45,071 | +128% |
| Trade debts | 44 | €79 | €147 | +€68 | +86.4% |
| Suppliers | 440/4 | €79 | €147 | +€68 | +86.4% |
| Other amounts payable | 47/48 | €35,041 | €80,044 | +€45,003 | +128% |
| Accrued charges and deferred income | 492/3 | €1,996 | €2,521 | +€524 | +26.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,327 | €13,362 | +€35 | +0.3% |
| Gross operating margin | 9900 | €90,629 | €73,636 | -€16,993 | -18.7% |
| Operating profit (loss) | 9901 | €77,302 | €60,274 | -€17,028 | -22.0% |
| Financial charges | 65/66B | €2,279 | €2,751 | +€472 | +20.7% |
| Recurring financial charges | 65 | €2,279 | €2,751 | +€472 | +20.7% |
| Profit (loss) for the period before taxes | 9903 | €75,024 | €57,523 | -€17,500 | -23.3% |
| Income taxes | 67/77 | €15,791 | €12,360 | -€3,431 | -21.7% |
| Profit (loss) for the period | 9904 | €59,233 | €45,164 | -€14,069 | -23.8% |
| Profit (loss) for the period to be appropriated | 9905 | €59,233 | €45,164 | -€14,069 | -23.8% |
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 14 October 2026 via checked.be.