KIAN: 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.
KIAN
Largest movements
- Cash -€2,662
down €2,662 (-75.3%), from €3,534 to €872
mainly Investment in fixed assets (net) (-€10,283) and Debts after one year (-€9,432)
- Debts after one year -€9,432
down €9,432 (-12.9%), from €73,240 to €63,808
- Profit (loss) carried forward -€7,431
down €7,431 (-8.6%), from -€85,947 to -€93,378
- Other debts +€6,947
up €6,947 (+18.8%), from €37,002 to €43,949
- Trade debts +€5,576
up €5,576 (+96.0%), from €5,808 to €11,384
- Gross operating margin +€12,375
up €12,375, from -€5,133 to €7,242
- Staff costs -€6,036
down €6,036, from €5,544 to -€492
- Depreciation +€977
up €977 (+10.1%), from €9,651 to €10,628
- Financial charges -€465
down €465 (-10.3%), from €4,511 to €4,046
- Other operating charges -€308
down €308 (-37.5%), from €821 to €513
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 | €87,249 | €82,571 | -€4,678 | -5.4% |
| Fixed assets | 21/28 | €80,532 | €80,187 | -€345 | -0.4% |
| Tangible fixed assets | 22/27 | €80,532 | €80,187 | -€345 | -0.4% |
| Plant, machinery and equipment | 23 | €80,532 | €80,187 | -€345 | -0.4% |
| Current assets | 29/58 | €6,717 | €2,384 | -€4,333 | -64.5% |
| Stocks and contracts in progress | 3 | €750 | €400 | -€350 | -46.7% |
| Stocks | 30/36 | €750 | €400 | -€350 | -46.7% |
| Amounts receivable within one year | 40/41 | €1,840 | €1,112 | -€728 | -39.6% |
| Trade receivables | 40 | €1,576 | - | -€1,576 | |
| Other amounts receivable | 41 | €264 | €1,112 | +€848 | +321.2% |
| Cash at bank and in hand | 54/58 | €3,534 | €872 | -€2,662 | -75.3% |
| Deferred charges and accrued income | 490/1 | €593 | - | -€593 | |
| Total equity and liabilities | 10/49 | €87,249 | €82,571 | -€4,678 | -5.4% |
| Equity | 10/15 | -€38,570 | -€46,001 | -€7,431 | -19.3% |
| Contributions | 10/11 | €37,400 | €37,400 | = | 0.0% |
| Reserves | 13 | €9,977 | €9,977 | = | 0.0% |
| Distributable reserves | 133 | €9,977 | €9,977 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€85,947 | -€93,378 | -€7,431 | -8.6% |
| Amounts payable | 17/49 | €125,819 | €128,572 | +€2,753 | +2.2% |
| Amounts payable after more than one year | 17 | €73,240 | €63,808 | -€9,432 | -12.9% |
| Financial debts | 170/4 | €73,240 | €63,808 | -€9,432 | -12.9% |
| Amounts payable within one year | 42/48 | €52,579 | €64,764 | +€12,185 | +23.2% |
| Current portion of amounts payable after more than one year | 42 | €9,032 | €9,431 | +€399 | +4.4% |
| Trade debts | 44 | €5,808 | €11,384 | +€5,576 | +96.0% |
| Suppliers | 440/4 | €5,808 | €11,384 | +€5,576 | +96.0% |
| Taxes, remuneration and social security | 45 | €737 | - | -€737 | |
| Taxes | 450/3 | €737 | - | -€737 | |
| Other amounts payable | 47/48 | €37,002 | €43,949 | +€6,947 | +18.8% |
| Remuneration, social security and pensions | 62 | €5,544 | -€492 | -€6,036 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,651 | €10,628 | +€977 | +10.1% |
| Other operating charges | 640/8 | €821 | €513 | -€308 | -37.5% |
| Gross operating margin | 9900 | -€5,133 | €7,242 | +€12,375 | |
| Operating profit (loss) | 9901 | -€21,149 | -€3,407 | +€17,742 | +83.9% |
| Financial income | 75/76B | €2 | €22 | +€20 | +1000.0% |
| Recurring financial income | 75 | €2 | €22 | +€20 | +1000.0% |
| Financial charges | 65/66B | €4,511 | €4,046 | -€465 | -10.3% |
| Recurring financial charges | 65 | €4,511 | €4,046 | -€465 | -10.3% |
| Profit (loss) for the period before taxes | 9903 | -€25,658 | -€7,431 | +€18,227 | +71.0% |
| Profit (loss) for the period | 9904 | -€25,658 | -€7,431 | +€18,227 | +71.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€25,658 | -€7,431 | +€18,227 | +71.0% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.