Khyotir: 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.
Khyotir
Largest movements
- Tangible fixed assets -€47,071
down €47,071 (-94.9%), from €49,576 to €2,505
of which Leasing and similar rights: -€46,624
- Cash +€42,370
up €42,370 (+73.2%), from €57,902 to €100,272
mainly Net result for the year (+€54,691) and Investment in fixed assets (net) (+€46,624)
- Receivables within one year +€19,874
up €19,874 (+173%), from €11,520 to €31,394
of which Trade receivables: +€16,593
- Deferred charges and accrued income -€2,211
down €2,211 (-100%), from €2,211 to €0
- Profit (loss) carried forward +€54,691
up €54,691 (+77.2%), from €70,846 to €125,537
- Debts after one year -€34,006
down €34,006 (-100%), from €34,006 to €0
- Current portion of long-term debt -€7,111
down €7,111 (-100%), from €7,111 to €0
- Gross operating margin -€15,386
down €15,386 (-17.7%), from €86,911 to €71,525
- Depreciation -€5,886
down €5,886 (-92.9%), from €6,333 to €447
- Other operating charges -€1,447
down €1,447 (-83.6%), from €1,730 to €283
- Taxes -€1,310
down €1,310 (-8.2%), from €15,900 to €14,590
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 | €121,209 | €134,172 | +€12,963 | +10.7% |
| Fixed assets | 21/28 | €49,576 | €2,505 | -€47,071 | -94.9% |
| Tangible fixed assets | 22/27 | €49,576 | €2,505 | -€47,071 | -94.9% |
| Furniture and vehicles | 24 | €2,953 | €2,505 | -€447 | -15.2% |
| Leasing and similar rights | 25 | €46,624 | €0 | -€46,624 | -100% |
| Current assets | 29/58 | €71,633 | €131,666 | +€60,034 | +83.8% |
| Amounts receivable within one year | 40/41 | €11,520 | €31,394 | +€19,874 | +173% |
| Trade receivables | 40 | €11,520 | €28,113 | +€16,593 | +144% |
| Other amounts receivable | 41 | - | €3,281 | +€3,281 | |
| Cash at bank and in hand | 54/58 | €57,902 | €100,272 | +€42,370 | +73.2% |
| Deferred charges and accrued income | 490/1 | €2,211 | €0 | -€2,211 | -100% |
| Total equity and liabilities | 10/49 | €121,209 | €134,172 | +€12,963 | +10.7% |
| Equity | 10/15 | €72,086 | €126,777 | +€54,691 | +75.9% |
| Contributions | 10/11 | €1,240 | €1,240 | = | 0.0% |
| Profit (loss) carried forward | 14 | €70,846 | €125,537 | +€54,691 | +77.2% |
| Amounts payable | 17/49 | €49,123 | €7,395 | -€41,728 | -84.9% |
| Amounts payable after more than one year | 17 | €34,006 | €0 | -€34,006 | -100% |
| Financial debts | 170/4 | €34,006 | €0 | -€34,006 | -100% |
| Amounts payable within one year | 42/48 | €15,117 | €7,395 | -€7,722 | -51.1% |
| Current portion of amounts payable after more than one year | 42 | €7,111 | €0 | -€7,111 | -100% |
| Trade debts | 44 | €73 | €50 | -€23 | -30.9% |
| Suppliers | 440/4 | €73 | €50 | -€23 | -30.9% |
| Taxes, remuneration and social security | 45 | €7,424 | €6,169 | -€1,255 | -16.9% |
| Taxes | 450/3 | €6,511 | €3,590 | -€2,920 | -44.9% |
| Remuneration and social security | 454/9 | €913 | €2,578 | +€1,665 | +182% |
| Other amounts payable | 47/48 | €509 | €1,176 | +€667 | +131% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | - | €6,303 | +€6,303 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,333 | €447 | -€5,886 | -92.9% |
| Other operating charges | 640/8 | €1,730 | €283 | -€1,447 | -83.6% |
| Gross operating margin | 9900 | €86,911 | €71,525 | -€15,386 | -17.7% |
| Operating profit (loss) | 9901 | €78,848 | €70,794 | -€8,053 | -10.2% |
| Financial charges | 65/66B | €1,119 | €1,513 | +€394 | +35.2% |
| Recurring financial charges | 65 | €1,119 | €1,513 | +€394 | +35.2% |
| Profit (loss) for the period before taxes | 9903 | €77,729 | €69,281 | -€8,448 | -10.9% |
| Income taxes | 67/77 | €15,900 | €14,590 | -€1,310 | -8.2% |
| Profit (loss) for the period | 9904 | €61,829 | €54,691 | -€7,138 | -11.5% |
| Profit (loss) for the period to be appropriated | 9905 | €61,829 | €54,691 | -€7,138 | -11.5% |
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 26 October 2026 via checked.be.