KIARA MEL: 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.
KIARA MEL
Largest movements
- Cash +€81,861
up €81,861 (+19.2%), from €425,529 to €507,390
mainly Trade debts (+€113,626) and Depreciation (+€91,605)
- Receivables within one year +€17,875
up €17,875 (+162%), from €11,014 to €28,889
of which Other amounts receivable: +€9,794
- Tangible fixed assets -€9,058
down €9,058 (-5.5%), from €165,172 to €156,114
of which Furniture and vehicles: -€7,812
- Trade debts +€113,626
up €113,626 (+25.5%), from €445,308 to €558,934
- Tax, wage and social debts -€11,193
down €11,193 (-11.2%), from €99,878 to €88,685
of which Taxes: -€25,586
- Staff costs +€238,288
up €238,288 (+44.5%), from €535,558 to €773,846
- Gross operating margin +€218,455
up €218,455 (+33.2%), from €657,157 to €875,613
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 | €641,754 | €740,096 | +€98,342 | +15.3% |
| Fixed assets | 21/28 | €179,019 | €169,961 | -€9,058 | -5.1% |
| Tangible fixed assets | 22/27 | €165,172 | €156,114 | -€9,058 | -5.5% |
| Furniture and vehicles | 24 | €162,243 | €154,431 | -€7,812 | -4.8% |
| Other tangible fixed assets | 26 | €2,929 | €1,683 | -€1,246 | -42.5% |
| Financial fixed assets | 28 | €13,847 | €13,847 | = | 0.0% |
| Current assets | 29/58 | €462,735 | €570,135 | +€107,400 | +23.2% |
| Stocks and contracts in progress | 3 | €13,093 | €19,888 | +€6,795 | +51.9% |
| Stocks | 30/36 | €13,093 | €19,888 | +€6,795 | +51.9% |
| Amounts receivable within one year | 40/41 | €11,014 | €28,889 | +€17,875 | +162% |
| Trade receivables | 40 | €6,358 | €14,439 | +€8,082 | +127% |
| Other amounts receivable | 41 | €4,656 | €14,450 | +€9,794 | +210% |
| Cash at bank and in hand | 54/58 | €425,529 | €507,390 | +€81,861 | +19.2% |
| Deferred charges and accrued income | 490/1 | €13,098 | €13,967 | +€869 | +6.6% |
| Total equity and liabilities | 10/49 | €641,754 | €740,096 | +€98,342 | +15.3% |
| Equity | 10/15 | €65,376 | €63,245 | -€2,131 | -3.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 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 | €44,916 | €42,785 | -€2,131 | -4.7% |
| Amounts payable | 17/49 | €576,378 | €676,851 | +€100,473 | +17.4% |
| Amounts payable within one year | 42/48 | €576,378 | €676,851 | +€100,473 | +17.4% |
| Trade debts | 44 | €445,308 | €558,934 | +€113,626 | +25.5% |
| Suppliers | 440/4 | €445,308 | €558,934 | +€113,626 | +25.5% |
| Taxes, remuneration and social security | 45 | €99,878 | €88,685 | -€11,193 | -11.2% |
| Taxes | 450/3 | €35,746 | €10,160 | -€25,586 | -71.6% |
| Remuneration and social security | 454/9 | €64,132 | €78,526 | +€14,394 | +22.4% |
| Other amounts payable | 47/48 | €31,192 | €29,231 | -€1,961 | -6.3% |
| Non-recurring operating income | 76A | €6,354 | €14,209 | +€7,856 | +124% |
| Remuneration, social security and pensions | 62 | €535,558 | €773,846 | +€238,288 | +44.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €84,687 | €91,605 | +€6,918 | +8.2% |
| Other operating charges | 640/8 | €10,499 | €11,501 | +€1,002 | +9.5% |
| Non-recurring operating charges | 66A | €2,615 | - | -€2,615 | |
| Gross operating margin | 9900 | €657,157 | €875,613 | +€218,455 | +33.2% |
| Operating profit (loss) | 9901 | €23,798 | -€1,339 | -€25,138 | |
| Financial income | 75/76B | €424 | €0 | -€424 | -99.9% |
| Recurring financial income | 75 | €424 | €0 | -€424 | -99.9% |
| Financial charges | 65/66B | €980 | €791 | -€189 | -19.2% |
| Recurring financial charges | 65 | €980 | €791 | -€189 | -19.2% |
| Profit (loss) for the period before taxes | 9903 | €23,242 | -€2,131 | -€25,373 | |
| Profit (loss) for the period | 9904 | €23,242 | -€2,131 | -€25,373 | |
| Profit (loss) for the period to be appropriated | 9905 | €23,242 | -€2,131 | -€25,373 |
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 16 October 2026 via checked.be.