Kira: 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.
Kira
Largest movements
- Tangible fixed assets -€124,884
down €124,884 (-6.0%), from €2.1m to €2.0m
of which Land and buildings: -€126,187
- Cash -€44,089
down €44,089 (-86.5%), from €50,950 to €6,860
mainly Debts after one year (-€132,427) and Other debts (-€53,382)
- Debts after one year -€132,427
down €132,427 (-7.1%), from €1.9m to €1.7m
- Other debts -€53,382
down €53,382 (-44.1%), from €120,969 to €67,587
- Reserves +€37,962
new in 2025: €37,962
- Current portion of long-term debt -€23,975
down €23,975 (-15.3%), from €156,402 to €132,427
- Gross operating margin +€12,354
up €12,354 (+6.2%), from €198,293 to €210,647
- Taxes +€7,012
up €7,012 (+87.7%), from €8,000 to €15,012
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 | €2,143,163 | €1,974,128 | -€169,035 | -7.9% |
| Fixed assets | 21/28 | €2,084,744 | €1,959,860 | -€124,884 | -6.0% |
| Tangible fixed assets | 22/27 | €2,084,744 | €1,959,860 | -€124,884 | -6.0% |
| Land and buildings | 22 | €2,084,744 | €1,958,556 | -€126,187 | -6.1% |
| Furniture and vehicles | 24 | - | €1,304 | +€1,304 | |
| Current assets | 29/58 | €58,419 | €14,268 | -€44,151 | -75.6% |
| Amounts receivable within one year | 40/41 | €7,000 | €7,408 | +€408 | +5.8% |
| Other amounts receivable | 41 | €7,000 | €7,408 | +€408 | +5.8% |
| Cash at bank and in hand | 54/58 | €50,950 | €6,860 | -€44,089 | -86.5% |
| Deferred charges and accrued income | 490/1 | €470 | - | -€470 | |
| Total equity and liabilities | 10/49 | €2,143,163 | €1,974,128 | -€169,035 | -7.9% |
| Equity | 10/15 | €3,000 | €40,962 | +€37,962 | +1,265% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | - | €37,962 | +€37,962 | |
| Distributable reserves | 133 | - | €37,962 | +€37,962 | |
| Amounts payable | 17/49 | €2,140,163 | €1,933,167 | -€206,996 | -9.7% |
| Amounts payable after more than one year | 17 | €1,856,900 | €1,724,473 | -€132,427 | -7.1% |
| Financial debts | 170/4 | €1,856,900 | €1,724,473 | -€132,427 | -7.1% |
| Amounts payable within one year | 42/48 | €283,263 | €208,693 | -€74,569 | -26.3% |
| Current portion of amounts payable after more than one year | 42 | €156,402 | €132,427 | -€23,975 | -15.3% |
| Trade debts | 44 | €1,398 | €1,260 | -€138 | -9.9% |
| Suppliers | 440/4 | €1,398 | €1,260 | -€138 | -9.9% |
| Taxes, remuneration and social security | 45 | €4,494 | €7,420 | +€2,926 | +65.1% |
| Taxes | 450/3 | €4,494 | €7,420 | +€2,926 | +65.1% |
| Other amounts payable | 47/48 | €120,969 | €67,587 | -€53,382 | -44.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €126,187 | €126,232 | +€44 | 0.0% |
| Other operating charges | 640/8 | €5,691 | €4,872 | -€819 | -14.4% |
| Gross operating margin | 9900 | €198,293 | €210,647 | +€12,354 | +6.2% |
| Operating profit (loss) | 9901 | €66,415 | €79,544 | +€13,129 | +19.8% |
| Financial charges | 65/66B | €28,453 | €26,570 | -€1,884 | -6.6% |
| Recurring financial charges | 65 | €28,453 | €26,570 | -€1,884 | -6.6% |
| Profit (loss) for the period before taxes | 9903 | €37,961 | €52,974 | +€15,012 | +39.5% |
| Income taxes | 67/77 | €8,000 | €15,012 | +€7,012 | +87.7% |
| Profit (loss) for the period | 9904 | €29,961 | €37,962 | +€8,000 | +26.7% |
| Profit (loss) for the period to be appropriated | 9905 | €29,961 | €37,962 | +€8,000 | +26.7% |
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 19 October 2026 via checked.be.