KILIAN: 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.
KILIAN
Largest movements
- Receivables within one year -€277,985
down €277,985 (-39.5%), from €703,585 to €425,600
of which Other amounts receivable: -€180,557
- Cash -€10,897
down €10,897 (-52.6%), from €20,726 to €9,829
mainly Trade debts (-€178,576) and Debts after one year (-€57,600)
- Trade debts -€178,576
down €178,576 (-56.2%), from €317,894 to €139,318
- Debts after one year -€57,600
down €57,600 (-26.6%), from €216,377 to €158,776
- Tax, wage and social debts -€47,026
down €47,026 (-78.7%), from €59,732 to €12,706
of which Taxes: -€49,280
- Other debts -€23,970
down €23,970 (-31.6%), from €75,900 to €51,930
- Reserves +€19,912
up €19,912 (+18.2%), from €109,414 to €129,326
- Gross operating margin -€70,673
down €70,673 (-22.0%), from €321,119 to €250,446
- Taxes -€32,099
down €32,099 (-74.0%), from €43,405 to €11,306
- Staff costs +€24,127
up €24,127 (+67.0%), from €35,991 to €60,118
- Depreciation -€13,742
down €13,742 (-19.9%), from €68,920 to €55,178
- Other operating charges +€4,496
up €4,496 (+13.8%), from €32,563 to €37,059
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 | €909,918 | €622,374 | -€287,544 | -31.6% |
| Fixed assets | 21/28 | €156,829 | €158,094 | +€1,265 | +0.8% |
| Tangible fixed assets | 22/27 | €155,804 | €157,069 | +€1,265 | +0.8% |
| Plant, machinery and equipment | 23 | €1,307 | €618 | -€690 | -52.7% |
| Furniture and vehicles | 24 | €147,952 | €126,699 | -€21,253 | -14.4% |
| Other tangible fixed assets | 26 | €6,544 | €5,752 | -€793 | -12.1% |
| Assets under construction and advance payments | 27 | - | €24,000 | +€24,000 | |
| Financial fixed assets | 28 | €1,025 | €1,025 | = | 0.0% |
| Current assets | 29/58 | €753,089 | €464,280 | -€288,809 | -38.3% |
| Amounts receivable within one year | 40/41 | €703,585 | €425,600 | -€277,985 | -39.5% |
| Trade receivables | 40 | €197,829 | €100,401 | -€97,428 | -49.2% |
| Other amounts receivable | 41 | €505,756 | €325,199 | -€180,557 | -35.7% |
| Cash at bank and in hand | 54/58 | €20,726 | €9,829 | -€10,897 | -52.6% |
| Deferred charges and accrued income | 490/1 | €28,779 | €28,851 | +€72 | +0.3% |
| Total equity and liabilities | 10/49 | €909,918 | €622,374 | -€287,544 | -31.6% |
| Equity | 10/15 | €119,414 | €139,326 | +€19,912 | +16.7% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €109,414 | €129,326 | +€19,912 | +18.2% |
| Distributable reserves | 133 | €109,414 | €129,326 | +€19,912 | +18.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €790,504 | €483,048 | -€307,456 | -38.9% |
| Amounts payable after more than one year | 17 | €216,377 | €158,776 | -€57,600 | -26.6% |
| Financial debts | 170/4 | €216,377 | €158,776 | -€57,600 | -26.6% |
| Amounts payable within one year | 42/48 | €573,444 | €323,683 | -€249,761 | -43.6% |
| Current portion of amounts payable after more than one year | 42 | €87,530 | €72,853 | -€14,677 | -16.8% |
| Financial debts | 43 | €20,607 | €38,802 | +€18,194 | +88.3% |
| Credit institutions | 430/8 | €20,607 | €38,802 | +€18,194 | +88.3% |
| Trade debts | 44 | €317,894 | €139,318 | -€178,576 | -56.2% |
| Suppliers | 440/4 | €317,894 | €139,318 | -€178,576 | -56.2% |
| Advances received on contracts in progress | 46 | €11,781 | €8,074 | -€3,707 | -31.5% |
| Taxes, remuneration and social security | 45 | €59,732 | €12,706 | -€47,026 | -78.7% |
| Taxes | 450/3 | €50,228 | €948 | -€49,280 | -98.1% |
| Remuneration and social security | 454/9 | €9,504 | €11,759 | +€2,255 | +23.7% |
| Other amounts payable | 47/48 | €75,900 | €51,930 | -€23,970 | -31.6% |
| Accrued charges and deferred income | 492/3 | €683 | €588 | -€95 | -13.9% |
| Non-recurring operating income | 76A | €7,956 | €14,662 | +€6,705 | +84.3% |
| Remuneration, social security and pensions | 62 | €35,991 | €60,118 | +€24,127 | +67.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €68,920 | €55,178 | -€13,742 | -19.9% |
| Other operating charges | 640/8 | €32,563 | €37,059 | +€4,496 | +13.8% |
| Non-recurring operating charges | 66A | €403 | €18,913 | +€18,510 | +4589.1% |
| Gross operating margin | 9900 | €321,119 | €250,446 | -€70,673 | -22.0% |
| Operating profit (loss) | 9901 | €183,241 | €79,177 | -€104,064 | -56.8% |
| Financial income | 75/76B | €21,490 | €17,739 | -€3,751 | -17.5% |
| Recurring financial income | 75 | €21,490 | €17,739 | -€3,751 | -17.5% |
| Financial charges | 65/66B | €65,475 | €65,698 | +€223 | +0.3% |
| Recurring financial charges | 65 | €65,475 | €65,698 | +€223 | +0.3% |
| Profit (loss) for the period before taxes | 9903 | €139,256 | €31,218 | -€108,038 | -77.6% |
| Income taxes | 67/77 | €43,405 | €11,306 | -€32,099 | -74.0% |
| Profit (loss) for the period | 9904 | €95,851 | €19,912 | -€75,939 | -79.2% |
| Profit (loss) for the period to be appropriated | 9905 | €95,851 | €19,912 | -€75,939 | -79.2% |
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 11 October 2026 via checked.be.