KIRA: 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.
KIRA
Largest movements
- Tangible fixed assets -€22,282
down €22,282 (-11.1%), from €201,214 to €178,932
- Cash -€15,649
down €15,649 (-9.0%), from €172,920 to €157,271
mainly Debts after one year (-€18,280) and Contributions, distributions and other (-€11,986)
- Debts after one year -€18,280
down €18,280 (-16.8%), from €108,894 to €90,614
- Reserves -€11,986
down €11,986 (-5.2%), from €230,516 to €218,530
of which Distributable reserves: -€11,986
- Profit (loss) carried forward -€8,174
down €8,174 (-31.2%), from €26,225 to €18,051
- Tax, wage and social debts -€4,257
down €4,257 (-25.5%), from €16,683 to €12,426
- Financial income -€11,857
down €11,857 (-100.0%), from €11,859 to €2
- Other operating charges +€7,996
up €7,996 (+379.7%), from €2,106 to €10,102
- Taxes -€4,665
down €4,665 (-99.9%), from €4,668 to €3
- Gross operating margin -€4,236
down €4,236 (-13.1%), from €32,385 to €28,149
- Depreciation -€980
down €980 (-4.2%), from €23,262 to €22,282
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 | €422,267 | €382,175 | -€40,092 | -9.5% |
| Fixed assets | 21/28 | €202,414 | €178,932 | -€23,482 | -11.6% |
| Tangible fixed assets | 22/27 | €201,214 | €178,932 | -€22,282 | -11.1% |
| Land and buildings | 22 | €127,363 | €116,749 | -€10,614 | -8.3% |
| Furniture and vehicles | 24 | €6,992 | €3,303 | -€3,689 | -52.8% |
| Other tangible fixed assets | 26 | €66,859 | €58,880 | -€7,979 | -11.9% |
| Financial fixed assets | 28 | €1,200 | €0 | -€1,200 | -100.0% |
| Current assets | 29/58 | €219,853 | €203,243 | -€16,610 | -7.6% |
| Amounts receivable within one year | 40/41 | €46,233 | €45,908 | -€325 | -0.7% |
| Trade receivables | 40 | €5,149 | €6,921 | +€1,772 | +34.4% |
| Other amounts receivable | 41 | €41,084 | €38,987 | -€2,097 | -5.1% |
| Cash at bank and in hand | 54/58 | €172,920 | €157,271 | -€15,649 | -9.0% |
| Deferred charges and accrued income | 490/1 | €700 | €64 | -€636 | -90.9% |
| Total equity and liabilities | 10/49 | €422,267 | €382,175 | -€40,092 | -9.5% |
| Equity | 10/15 | €275,341 | €255,181 | -€20,160 | -7.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €230,516 | €218,530 | -€11,986 | -5.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Other | 1319 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €228,656 | €216,670 | -€11,986 | -5.2% |
| Profit (loss) carried forward | 14 | €26,225 | €18,051 | -€8,174 | -31.2% |
| Amounts payable | 17/49 | €146,926 | €126,994 | -€19,932 | -13.6% |
| Amounts payable after more than one year | 17 | €108,894 | €90,614 | -€18,280 | -16.8% |
| Financial debts | 170/4 | €108,894 | €90,614 | -€18,280 | -16.8% |
| Amounts payable within one year | 42/48 | €38,032 | €36,380 | -€1,652 | -4.3% |
| Current portion of amounts payable after more than one year | 42 | €17,778 | €18,280 | +€502 | +2.8% |
| Trade debts | 44 | €2,116 | €4,121 | +€2,005 | +94.8% |
| Suppliers | 440/4 | €2,116 | €4,121 | +€2,005 | +94.8% |
| Taxes, remuneration and social security | 45 | €16,683 | €12,426 | -€4,257 | -25.5% |
| Taxes | 450/3 | €16,683 | €12,426 | -€4,257 | -25.5% |
| Other amounts payable | 47/48 | €1,455 | €1,553 | +€98 | +6.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,262 | €22,282 | -€980 | -4.2% |
| Other operating charges | 640/8 | €2,106 | €10,102 | +€7,996 | +379.7% |
| Gross operating margin | 9900 | €32,385 | €28,149 | -€4,236 | -13.1% |
| Operating profit (loss) | 9901 | €7,017 | -€4,235 | -€11,252 | |
| Financial income | 75/76B | €11,859 | €2 | -€11,857 | -100.0% |
| Recurring financial income | 75 | €11,859 | €2 | -€11,857 | -100.0% |
| Financial charges | 65/66B | €4,431 | €3,938 | -€493 | -11.1% |
| Recurring financial charges | 65 | €4,431 | €3,938 | -€493 | -11.1% |
| Profit (loss) for the period before taxes | 9903 | €14,445 | -€8,171 | -€22,616 | |
| Income taxes | 67/77 | €4,668 | €3 | -€4,665 | -99.9% |
| Profit (loss) for the period | 9904 | €9,777 | -€8,174 | -€17,951 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,777 | -€8,174 | -€17,951 |
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.