KIREI: 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.
What changed
KIREI
NACE 81.220, Other building cleaning and industrial cleaning
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€1.8m
2024 · €2.6m-€791,875
Equity
€11.6m
2024 · €9.9m+€1.8m
Cash
€429,739
2024 · €217,751+€211,988
Balance sheet total
€17.7m
2024 · €17.6m+€93,149
Largest movements
Assets
- Current investments +€923,864
up €923,864 (+60.5%), from €1.5m to €2.5m
- Intangible fixed assets -€563,928
down €563,928 (-14.0%), from €4.0m to €3.5m
- Receivables within one year -€465,331
down €465,331 (-66.5%), from €699,430 to €234,098
of which Trade receivables: -€309,538
- Cash +€211,988
up €211,988 (+97.4%), from €217,751 to €429,739
mainly Net result for the year (+€1.8m) and Other debts (+€753,285)
Equity and liabilities
- Debts after one year -€2.5m
down €2.5m (-45.7%), from €5.5m to €3.0m
- Profit (loss) carried forward +€1.8m
up €1.8m (+20.3%), from €8.8m to €10.5m
- Other debts +€753,285
up €753,285 (+4964.2%), from €15,174 to €768,460
Income statement
- Financial income -€526,346
down €526,346 (-20.7%), from €2.5m to €2.0m
- Financial charges +€126,766
up €126,766 (+58.2%), from €217,819 to €344,586
of which Non-recurring financial charges: +€110,000
- Turnover -€82,504
down €82,504 (-2.7%), from €3.1m to €3.0m
- Services and other goods +€76,975
up €76,975 (+9.1%), from €847,648 to €924,623
- Taxes -€42,301
down €42,301 (-18.8%), from €225,215 to €182,914
of which Taxes: -€44,177
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.
Result 2024
€2.6m
Turnover
-€82,504
Other operating income
+€736
Services and other goods
-€76,975
Staff costs
+€5,258
Depreciation
-€25,545
Other operating charges
-€2,032
Financial income
-€526,346
Financial charges
-€126,766
Taxes
+€42,301
Result 2025
€1.8m
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.
From operations
+€3.6m
Investment
-€979,506
Financing
-€2.5m
Cash 2024
€217,751
From operations (derived)
+€3.6m
Net result for the year
+€1.8m
Depreciation
+€626,098
Receivables within one year
+€465,331
Deferred charges and accrued income
+€6,915
Trade debts
+€55,396
Tax, wage and social debts
-€36,839
Other debts
+€753,285
Accrued charges and deferred income
-€694
Investment (derived)
-€979,506
Investment in fixed assets (net)
-€55,641
Current investments
-€923,864
Financing
-€2.5m
Debts after one year
-€2.5m
Current portion of long-term debt
-€32,599
Short-term financial debts
+€81,365
Cash 2025
€429,739
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €17,621,599 | €17,714,747 | +€93,149 | +0.5% |
| Fixed assets | 21/28 | €15,164,810 | €14,594,353 | -€570,457 | -3.8% |
| Intangible fixed assets | 21 | €4,021,133 | €3,457,205 | -€563,928 | -14.0% |
| Tangible fixed assets | 22/27 | €2,995 | €106,466 | +€103,471 | +3455.2% |
| Furniture and vehicles | 24 | €2,995 | €106,466 | +€103,471 | +3455.2% |
| Financial fixed assets | 28 | €11,140,682 | €11,030,682 | -€110,000 | -1.0% |
| Affiliated companies | 280/1 | €11,140,682 | €11,030,682 | -€110,000 | -1.0% |
| Participating interests | 280 | €11,140,682 | €11,030,682 | -€110,000 | -1.0% |
| Current assets | 29/58 | €2,456,789 | €3,120,394 | +€663,606 | +27.0% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €699,430 | €234,098 | -€465,331 | -66.5% |
| Trade receivables | 40 | €359,907 | €50,370 | -€309,538 | -86.0% |
| Other amounts receivable | 41 | €339,522 | €183,729 | -€155,794 | -45.9% |
| Current investments | 50/53 | €1,527,000 | €2,450,864 | +€923,864 | +60.5% |
| Other investments | 51/53 | €1,527,000 | €2,450,864 | +€923,864 | +60.5% |
| Cash at bank and in hand | 54/58 | €217,751 | €429,739 | +€211,988 | +97.4% |
| Deferred charges and accrued income | 490/1 | €12,608 | €5,692 | -€6,915 | -54.8% |
| Total equity and liabilities | 10/49 | €17,621,599 | €17,714,747 | +€93,149 | +0.5% |
| Equity | 10/15 | €9,861,230 | €11,636,641 | +€1.8m | +18.0% |
| Contributions | 10/11 | €1,008,300 | €1,008,300 | = | 0.0% |
| Capital | 10 | €1,008,300 | €1,008,300 | = | 0.0% |
| Issued capital | 100 | €1,008,300 | €1,008,300 | = | 0.0% |
| Reserves | 13 | €100,830 | €100,830 | = | 0.0% |
| Non-distributable reserves | 130/1 | €100,830 | €100,830 | = | 0.0% |
| Legal reserve | 130 | €100,830 | €100,830 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,752,100 | €10,527,511 | +€1.8m | +20.3% |
| Amounts payable | 17/49 | €7,760,368 | €6,078,106 | -€1.7m | -21.7% |
| Amounts payable after more than one year | 17 | €5,475,331 | €2,973,154 | -€2.5m | -45.7% |
| Financial debts | 170/4 | €5,475,331 | €2,973,154 | -€2.5m | -45.7% |
| Credit institutions | 173 | €5,475,331 | €2,973,154 | -€2.5m | -45.7% |
| Amounts payable within one year | 42/48 | €2,284,344 | €3,104,952 | +€820,608 | +35.9% |
| Current portion of amounts payable after more than one year | 42 | €1,889,944 | €1,857,344 | -€32,599 | -1.7% |
| Financial debts | 43 | - | €81,365 | +€81,365 | |
| Credit institutions | 430/8 | - | €81,365 | +€81,365 | |
| Trade debts | 44 | €91,924 | €147,319 | +€55,396 | +60.3% |
| Suppliers | 440/4 | €91,924 | €147,319 | +€55,396 | +60.3% |
| Taxes, remuneration and social security | 45 | €287,303 | €250,464 | -€36,839 | -12.8% |
| Taxes | 450/3 | €103,843 | €80,735 | -€23,107 | -22.3% |
| Remuneration and social security | 454/9 | €183,460 | €169,729 | -€13,731 | -7.5% |
| Other amounts payable | 47/48 | €15,174 | €768,460 | +€753,285 | +4964.2% |
| Accrued charges and deferred income | 492/3 | €694 | €0 | -€694 | -100.0% |
| Operating income | 70/76A | €3,143,378 | €3,061,611 | -€81,768 | -2.6% |
| Turnover | 70 | €3,080,200 | €2,997,696 | -€82,504 | -2.7% |
| Other operating income | 74 | €63,178 | €63,915 | +€736 | +1.2% |
| Operating charges | 60/66A | €2,677,827 | €2,777,122 | +€99,295 | +3.7% |
| Services and other goods | 61 | €847,648 | €924,623 | +€76,975 | +9.1% |
| Remuneration, social security and pensions | 62 | €1,226,806 | €1,221,548 | -€5,258 | -0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €600,553 | €626,098 | +€25,545 | +4.3% |
| Other operating charges | 640/8 | €2,821 | €4,853 | +€2,032 | +72.0% |
| Operating profit (loss) | 9901 | €465,551 | €284,488 | -€181,063 | -38.9% |
| Financial income | 75/76B | €2,544,769 | €2,018,423 | -€526,346 | -20.7% |
| Recurring financial income | 75 | €2,544,769 | €2,018,423 | -€526,346 | -20.7% |
| Income from financial fixed assets | 750 | €2,544,769 | €2,018,423 | -€526,346 | -20.7% |
| Other financial income | 752/9 | €0 | - | = | |
| Financial charges | 65/66B | €217,819 | €344,586 | +€126,766 | +58.2% |
| Recurring financial charges | 65 | €217,819 | €234,586 | +€16,766 | +7.7% |
| Debt charges | 650 | €215,341 | €232,035 | +€16,694 | +7.8% |
| Other financial charges | 652/9 | €2,478 | €2,550 | +€72 | +2.9% |
| Non-recurring financial charges | 66B | - | €110,000 | +€110,000 | |
| Profit (loss) for the period before taxes | 9903 | €2,792,501 | €1,958,325 | -€834,176 | -29.9% |
| Income taxes | 67/77 | €225,215 | €182,914 | -€42,301 | -18.8% |
| Taxes | 670/3 | €227,091 | €182,914 | -€44,177 | -19.5% |
| Tax adjustments and reversals of tax provisions | 77 | €1,876 | €0 | -€1,876 | -100.0% |
| Profit (loss) for the period | 9904 | €2,567,285 | €1,775,411 | -€791,875 | -30.8% |
| Profit (loss) for the period to be appropriated | 9905 | €2,567,285 | €1,775,411 | -€791,875 | -30.8% |
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 10 October 2026 via checked.be.