Kireli: 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.
Kireli
Largest movements
- Current investments -€114,725
down €114,725 (-100%), from €114,725 to €0
- Cash -€21,503
down €21,503 (-88.9%), from €24,177 to €2,673
mainly Other debts (-€97,679) and Net result for the year (-€28,971)
- Tangible fixed assets -€13,755
down €13,755 (-30.9%), from €44,578 to €30,822
of which Furniture and vehicles: -€11,353
- Receivables within one year -€8,211
down €8,211 (-38.6%), from €21,283 to €13,072
of which Other amounts receivable: -€9,271
- Deferred charges and accrued income +€7,656
new in 2025: €7,656
- Other debts -€97,679
down €97,679 (-98.6%), from €99,025 to €1,346
- Reserves -€28,971
down €28,971 (-37.5%), from €77,213 to €48,242
- Tax, wage and social debts -€17,253
down €17,253 (-98.7%), from €17,475 to €222
- Trade debts -€6,637
down €6,637 (-94.1%), from €7,050 to €413
- Gross operating margin -€91,660
down €91,660, from €76,913 to -€14,747
- Taxes -€15,445
down €15,445 (-98.2%), from €15,732 to €286
- Depreciation +€12,279
up €12,279 (+127%), from €9,686 to €21,965
- Financial income +€5,935
up €5,935 (+173%), from €3,433 to €9,368
of which Financial income: +€3,075
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 | €204,762 | €54,223 | -€150,539 | -73.5% |
| Fixed assets | 21/28 | €44,578 | €30,822 | -€13,755 | -30.9% |
| Tangible fixed assets | 22/27 | €44,578 | €30,822 | -€13,755 | -30.9% |
| Furniture and vehicles | 24 | €24,495 | €13,142 | -€11,353 | -46.3% |
| Other tangible fixed assets | 26 | €20,082 | €17,680 | -€2,402 | -12.0% |
| Current assets | 29/58 | €160,185 | €23,401 | -€136,784 | -85.4% |
| Amounts receivable within one year | 40/41 | €21,283 | €13,072 | -€8,211 | -38.6% |
| Trade receivables | 40 | €121 | €1,181 | +€1,060 | +876% |
| Other amounts receivable | 41 | €21,162 | €11,891 | -€9,271 | -43.8% |
| Current investments | 50/53 | €114,725 | €0 | -€114,725 | -100% |
| Cash at bank and in hand | 54/58 | €24,177 | €2,673 | -€21,503 | -88.9% |
| Deferred charges and accrued income | 490/1 | - | €7,656 | +€7,656 | |
| Total equity and liabilities | 10/49 | €204,762 | €54,223 | -€150,539 | -73.5% |
| Equity | 10/15 | €81,213 | €52,242 | -€28,971 | -35.7% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €77,213 | €48,242 | -€28,971 | -37.5% |
| Distributable reserves | 133 | €77,213 | €48,242 | -€28,971 | -37.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €123,550 | €1,981 | -€121,568 | -98.4% |
| Amounts payable within one year | 42/48 | €123,550 | €1,981 | -€121,568 | -98.4% |
| Trade debts | 44 | €7,050 | €413 | -€6,637 | -94.1% |
| Suppliers | 440/4 | €7,050 | €413 | -€6,637 | -94.1% |
| Taxes, remuneration and social security | 45 | €17,475 | €222 | -€17,253 | -98.7% |
| Taxes | 450/3 | €17,475 | €222 | -€17,253 | -98.7% |
| Other amounts payable | 47/48 | €99,025 | €1,346 | -€97,679 | -98.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,686 | €21,965 | +€12,279 | +127% |
| Other operating charges | 640/8 | €897 | €902 | +€6 | +0.6% |
| Gross operating margin | 9900 | €76,913 | -€14,747 | -€91,660 | |
| Operating profit (loss) | 9901 | €66,330 | -€37,615 | -€103,945 | |
| Financial income | 75/76B | €3,433 | €9,368 | +€5,935 | +173% |
| Recurring financial income | 75 | €3,229 | €6,305 | +€3,075 | +95.2% |
| Non-recurring financial income | 76B | €203 | €3,063 | +€2,860 | +1,406% |
| Financial charges | 65/66B | €867 | €437 | -€430 | -49.6% |
| Recurring financial charges | 65 | €867 | €437 | -€430 | -49.6% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | €68,896 | -€28,684 | -€97,580 | |
| Income taxes | 67/77 | €15,732 | €286 | -€15,445 | -98.2% |
| Profit (loss) for the period | 9904 | €53,164 | -€28,971 | -€82,135 | |
| Profit (loss) for the period to be appropriated | 9905 | €53,164 | -€28,971 | -€82,135 |
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 17 October 2026 via checked.be.