Kierben Mievis: 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.
Kierben Mievis
Largest movements
- Tangible fixed assets -€25,634
down €25,634 (-8.9%), from €288,095 to €262,461
of which Furniture and vehicles: -€14,343
- Receivables within one year +€7,291
up €7,291 (+83.6%), from €8,725 to €16,016
of which Trade receivables: +€14,985
- Stocks and contracts -€6,247
down €6,247 (-96.2%), from €6,497 to €250
- Debts after one year -€38,324
down €38,324 (-23.2%), from €165,341 to €127,017
of which Financial debts: -€35,624
- Reserves +€9,214
up €9,214 (+18.4%), from €50,195 to €59,409
- Gross operating margin +€7,701
up €7,701 (+22.2%), from €34,712 to €42,413
- Taxes +€1,947
up €1,947 (+165%), from €1,177 to €3,124
- Financial charges -€646
down €646 (-19.6%), from €3,294 to €2,648
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 | €311,315 | €285,066 | -€26,249 | -8.4% |
| Fixed assets | 21/28 | €288,095 | €262,461 | -€25,634 | -8.9% |
| Tangible fixed assets | 22/27 | €288,095 | €262,461 | -€25,634 | -8.9% |
| Land and buildings | 22 | €253,759 | €242,469 | -€11,291 | -4.4% |
| Furniture and vehicles | 24 | €34,335 | €19,992 | -€14,343 | -41.8% |
| Current assets | 29/58 | €23,220 | €22,605 | -€616 | -2.7% |
| Stocks and contracts in progress | 3 | €6,497 | €250 | -€6,247 | -96.2% |
| Stocks | 30/36 | €6,497 | €250 | -€6,247 | -96.2% |
| Amounts receivable within one year | 40/41 | €8,725 | €16,016 | +€7,291 | +83.6% |
| Trade receivables | 40 | €0 | €14,985 | +€14,985 | |
| Other amounts receivable | 41 | €8,725 | €1,031 | -€7,694 | -88.2% |
| Cash at bank and in hand | 54/58 | €7,998 | €6,339 | -€1,659 | -20.7% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €311,315 | €285,066 | -€26,249 | -8.4% |
| Equity | 10/15 | €55,195 | €64,409 | +€9,214 | +16.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €50,195 | €59,409 | +€9,214 | +18.4% |
| Distributable reserves | 133 | €50,195 | €59,409 | +€9,214 | +18.4% |
| Amounts payable | 17/49 | €256,120 | €220,657 | -€35,464 | -13.8% |
| Amounts payable after more than one year | 17 | €165,341 | €127,017 | -€38,324 | -23.2% |
| Financial debts | 170/4 | €162,641 | €127,017 | -€35,624 | -21.9% |
| Other amounts payable | 178/9 | €2,700 | €0 | -€2,700 | -100% |
| Amounts payable within one year | 42/48 | €90,779 | €93,639 | +€2,860 | +3.2% |
| Current portion of amounts payable after more than one year | 42 | €34,961 | €35,624 | +€663 | +1.9% |
| Trade debts | 44 | €5,100 | €6,606 | +€1,507 | +29.5% |
| Suppliers | 440/4 | €5,100 | €6,606 | +€1,507 | +29.5% |
| Taxes, remuneration and social security | 45 | €3,187 | €5,799 | +€2,613 | +82.0% |
| Taxes | 450/3 | €1,854 | €3,120 | +€1,266 | +68.3% |
| Remuneration and social security | 454/9 | €1,333 | €2,680 | +€1,347 | +101% |
| Other amounts payable | 47/48 | €47,531 | €45,610 | -€1,922 | -4.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,634 | €25,634 | = | 0.0% |
| Other operating charges | 640/8 | €1,971 | €1,995 | +€25 | +1.2% |
| Gross operating margin | 9900 | €34,712 | €42,413 | +€7,701 | +22.2% |
| Operating profit (loss) | 9901 | €7,108 | €14,784 | +€7,676 | +108% |
| Financial income | 75/76B | €25 | €203 | +€178 | +721% |
| Recurring financial income | 75 | €25 | €203 | +€178 | +721% |
| Financial charges | 65/66B | €3,294 | €2,648 | -€646 | -19.6% |
| Recurring financial charges | 65 | €3,294 | €2,648 | -€646 | -19.6% |
| Profit (loss) for the period before taxes | 9903 | €3,838 | €12,339 | +€8,500 | +221% |
| Income taxes | 67/77 | €1,177 | €3,124 | +€1,947 | +165% |
| Profit (loss) for the period | 9904 | €2,661 | €9,214 | +€6,553 | +246% |
| Profit (loss) for the period to be appropriated | 9905 | €2,661 | €9,214 | +€6,553 | +246% |
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 22 October 2026 via checked.be.