KIANDRA: 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.
KIANDRA
Largest movements
- Cash -€10,562
down €10,562 (-20.5%), from €51,574 to €41,012
mainly Other debts (-€76,580) and Investment in fixed assets (net) (-€10,627)
- Receivables after one year -€10,000
down €10,000 (-100.0%), from €10,000 to €0
- Receivables within one year +€8,455
up €8,455 (+26.2%), from €32,215 to €40,670
of which Trade receivables: +€8,220
- Tangible fixed assets -€3,248
down €3,248 (-7.9%), from €41,016 to €37,768
of which Other tangible fixed assets: -€2,491
- Other debts -€76,580
down €76,580 (-97.4%), from €78,617 to €2,037
- Reserves +€56,626
up €56,626 (+80.1%), from €70,675 to €127,301
of which Distributable reserves: +€56,626
- Tax, wage and social debts +€2,754
up €2,754 (+51.3%), from €5,368 to €8,122
of which Taxes: +€2,754
- Financial income -€3,956
down €3,956 (-72.4%), from €5,464 to €1,508
- Depreciation +€2,063
up €2,063 (+17.5%), from €11,812 to €13,875
- Gross operating margin +€1,371
up €1,371 (+1.6%), from €84,994 to €86,365
- Taxes -€977
down €977 (-6.0%), from €16,222 to €15,245
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 | €211,337 | €196,071 | -€15,266 | -7.2% |
| Fixed assets | 21/28 | €41,016 | €37,768 | -€3,248 | -7.9% |
| Tangible fixed assets | 22/27 | €41,016 | €37,768 | -€3,248 | -7.9% |
| Plant, machinery and equipment | 23 | €6,006 | €3,900 | -€2,106 | -35.1% |
| Furniture and vehicles | 24 | €22,845 | €24,194 | +€1,349 | +5.9% |
| Other tangible fixed assets | 26 | €12,165 | €9,673 | -€2,491 | -20.5% |
| Current assets | 29/58 | €170,321 | €158,303 | -€12,018 | -7.1% |
| Amounts receivable after more than one year | 29 | €10,000 | €0 | -€10,000 | -100.0% |
| Other amounts receivable | 291 | €10,000 | €0 | -€10,000 | -100.0% |
| Amounts receivable within one year | 40/41 | €32,215 | €40,670 | +€8,455 | +26.2% |
| Trade receivables | 40 | €29,029 | €37,249 | +€8,220 | +28.3% |
| Other amounts receivable | 41 | €3,186 | €3,421 | +€235 | +7.4% |
| Current investments | 50/53 | €76,532 | €76,532 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €51,574 | €41,012 | -€10,562 | -20.5% |
| Deferred charges and accrued income | 490/1 | - | €89 | +€89 | |
| Total equity and liabilities | 10/49 | €211,337 | €196,071 | -€15,266 | -7.2% |
| Equity | 10/15 | €126,475 | €183,101 | +€56,626 | +44.8% |
| Contributions | 10/11 | €55,800 | €55,800 | = | 0.0% |
| Reserves | 13 | €70,675 | €127,301 | +€56,626 | +80.1% |
| Tax-exempt reserves | 132 | €81 | €81 | = | 0.0% |
| Distributable reserves | 133 | €70,594 | €127,220 | +€56,626 | +80.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €84,863 | €12,970 | -€71,892 | -84.7% |
| Amounts payable within one year | 42/48 | €84,863 | €12,970 | -€71,892 | -84.7% |
| Financial debts | 43 | €878 | €1,879 | +€1,001 | +114.1% |
| Credit institutions | 430/8 | €878 | €1,879 | +€1,001 | +114.1% |
| Trade debts | 44 | €0 | €933 | +€933 | |
| Suppliers | 440/4 | €0 | €933 | +€933 | |
| Taxes, remuneration and social security | 45 | €5,368 | €8,122 | +€2,754 | +51.3% |
| Taxes | 450/3 | €5,368 | €8,122 | +€2,754 | +51.3% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €78,617 | €2,037 | -€76,580 | -97.4% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,812 | €13,875 | +€2,063 | +17.5% |
| Other operating charges | 640/8 | €1,554 | €1,738 | +€184 | +11.8% |
| Gross operating margin | 9900 | €84,994 | €86,365 | +€1,371 | +1.6% |
| Operating profit (loss) | 9901 | €71,628 | €70,753 | -€875 | -1.2% |
| Financial income | 75/76B | €5,464 | €1,508 | -€3,956 | -72.4% |
| Recurring financial income | 75 | €5,464 | €1,508 | -€3,956 | -72.4% |
| Financial charges | 65/66B | €558 | €390 | -€168 | -30.2% |
| Recurring financial charges | 65 | €558 | €390 | -€168 | -30.2% |
| Profit (loss) for the period before taxes | 9903 | €76,534 | €71,871 | -€4,663 | -6.1% |
| Income taxes | 67/77 | €16,222 | €15,245 | -€977 | -6.0% |
| Profit (loss) for the period | 9904 | €60,312 | €56,626 | -€3,686 | -6.1% |
| Profit (loss) for the period to be appropriated | 9905 | €60,312 | €56,626 | -€3,686 | -6.1% |
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 5 October 2026 via checked.be.