KHIRA: 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.
KHIRA
Largest movements
- Cash +€19,308
up €19,308 (+18.6%), from €103,817 to €123,125
mainly Trade debts (+€26,353) and Net result for the year (+€10,903)
- Receivables within one year +€7,649
up €7,649 (+29.2%), from €26,176 to €33,825
of which Trade receivables: +€10,917
- Stocks and contracts -€4,181
down €4,181 (-13.9%), from €30,073 to €25,892
- Trade debts +€26,353
up €26,353 (+296.5%), from €8,889 to €35,243
- Other debts -€9,250
down €9,250 (-36.4%), from €25,430 to €16,180
- Profit (loss) carried forward +€5,903
up €5,903 (+4.2%), from €141,351 to €147,254
- Gross operating margin +€3,677
up €3,677 (+21.4%), from €17,196 to €20,873
- Financial charges +€669
up €669 (+252.3%), from €265 to €934
- Taxes +€312
up €312 (+10.4%), from €2,990 to €3,302
- Other operating charges -€282
down €282 (-12.9%), from €2,187 to €1,906
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.
Cash bridge derived
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 | €187,462 | €210,450 | +€22,988 | +12.3% |
| Fixed assets | 21/28 | €26,953 | €27,251 | +€297 | +1.1% |
| Tangible fixed assets | 22/27 | €26,914 | €27,212 | +€297 | +1.1% |
| Land and buildings | 22 | €24,540 | €21,690 | -€2,850 | -11.6% |
| Furniture and vehicles | 24 | €2,374 | €5,522 | +€3,148 | +132.6% |
| Financial fixed assets | 28 | €39 | €39 | = | 0.0% |
| Current assets | 29/58 | €160,508 | €183,199 | +€22,690 | +14.1% |
| Stocks and contracts in progress | 3 | €30,073 | €25,892 | -€4,181 | -13.9% |
| Stocks | 30/36 | €30,073 | €25,892 | -€4,181 | -13.9% |
| Amounts receivable within one year | 40/41 | €26,176 | €33,825 | +€7,649 | +29.2% |
| Trade receivables | 40 | €21,501 | €32,417 | +€10,917 | +50.8% |
| Other amounts receivable | 41 | €4,676 | €1,408 | -€3,268 | -69.9% |
| Cash at bank and in hand | 54/58 | €103,817 | €123,125 | +€19,308 | +18.6% |
| Deferred charges and accrued income | 490/1 | €442 | €357 | -€86 | -19.4% |
| Total equity and liabilities | 10/49 | €187,462 | €210,450 | +€22,988 | +12.3% |
| Equity | 10/15 | €149,411 | €155,314 | +€5,903 | +4.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €141,351 | €147,254 | +€5,903 | +4.2% |
| Amounts payable | 17/49 | €38,050 | €55,135 | +€17,085 | +44.9% |
| Amounts payable within one year | 42/48 | €38,050 | €54,548 | +€16,497 | +43.4% |
| Trade debts | 44 | €8,889 | €35,243 | +€26,353 | +296.5% |
| Suppliers | 440/4 | €8,889 | €35,243 | +€26,353 | +296.5% |
| Taxes, remuneration and social security | 45 | €3,732 | €3,125 | -€606 | -16.2% |
| Taxes | 450/3 | €678 | €0 | -€678 | -100.0% |
| Remuneration and social security | 454/9 | €3,054 | €3,125 | +€72 | +2.3% |
| Other amounts payable | 47/48 | €25,430 | €16,180 | -€9,250 | -36.4% |
| Accrued charges and deferred income | 492/3 | - | €587 | +€587 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,715 | €3,828 | +€113 | +3.0% |
| Other operating charges | 640/8 | €2,187 | €1,906 | -€282 | -12.9% |
| Gross operating margin | 9900 | €17,196 | €20,873 | +€3,677 | +21.4% |
| Operating profit (loss) | 9901 | €11,293 | €15,139 | +€3,845 | +34.0% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €265 | €934 | +€669 | +252.3% |
| Recurring financial charges | 65 | €265 | €934 | +€669 | +252.3% |
| Profit (loss) for the period before taxes | 9903 | €11,028 | €14,205 | +€3,176 | +28.8% |
| Income taxes | 67/77 | €2,990 | €3,302 | +€312 | +10.4% |
| Profit (loss) for the period | 9904 | €8,038 | €10,903 | +€2,865 | +35.6% |
| Profit (loss) for the period to be appropriated | 9905 | €8,038 | €10,903 | +€2,865 | +35.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.