KIREVEIL: 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.
KIREVEIL
Largest movements
- Cash +€46,220
up €46,220 (+64.7%), from €71,487 to €117,707
mainly Other debts (+€36,466) and Net result for the year (+€36,301)
- Receivables within one year -€12,527
down €12,527 (-57.0%), from €21,965 to €9,438
of which Trade receivables: -€10,527
- Tangible fixed assets +€3,091
up €3,091 (+31.5%), from €9,816 to €12,907
of which Furniture and vehicles: +€3,658
- Other debts +€36,466
up €36,466 (+1,096%), from €3,327 to €39,794
- Trade debts +€2,370
up €2,370 (+840%), from €282 to €2,652
- Tax, wage and social debts -€2,224
down €2,224 (-25.9%), from €8,597 to €6,373
- Gross operating margin +€14,715
up €14,715 (+38.6%), from €38,081 to €52,796
- Taxes +€3,000
up €3,000 (+31.1%), from €9,657 to €12,657
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 | €103,541 | €140,326 | +€36,784 | +35.5% |
| Fixed assets | 21/28 | €9,816 | €12,907 | +€3,091 | +31.5% |
| Tangible fixed assets | 22/27 | €9,816 | €12,907 | +€3,091 | +31.5% |
| Furniture and vehicles | 24 | €8,403 | €12,061 | +€3,658 | +43.5% |
| Other tangible fixed assets | 26 | €1,413 | €846 | -€567 | -40.1% |
| Current assets | 29/58 | €93,725 | €127,418 | +€33,693 | +35.9% |
| Amounts receivable within one year | 40/41 | €21,965 | €9,438 | -€12,527 | -57.0% |
| Trade receivables | 40 | €19,965 | €9,438 | -€10,527 | -52.7% |
| Other amounts receivable | 41 | €2,000 | €0 | -€2,000 | -100% |
| Cash at bank and in hand | 54/58 | €71,487 | €117,707 | +€46,220 | +64.7% |
| Deferred charges and accrued income | 490/1 | €273 | €273 | = | 0.0% |
| Total equity and liabilities | 10/49 | €103,541 | €140,326 | +€36,784 | +35.5% |
| Equity | 10/15 | €91,175 | €91,175 | = | 0.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €90,175 | €90,175 | = | 0.0% |
| Distributable reserves | 133 | €90,175 | €90,175 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €12,366 | €49,151 | +€36,784 | +297% |
| Amounts payable within one year | 42/48 | €12,206 | €48,818 | +€36,612 | +300% |
| Trade debts | 44 | €282 | €2,652 | +€2,370 | +840% |
| Suppliers | 440/4 | €282 | €2,652 | +€2,370 | +840% |
| Taxes, remuneration and social security | 45 | €8,597 | €6,373 | -€2,224 | -25.9% |
| Taxes | 450/3 | €8,597 | €6,373 | -€2,224 | -25.9% |
| Other amounts payable | 47/48 | €3,327 | €39,794 | +€36,466 | +1,096% |
| Accrued charges and deferred income | 492/3 | €160 | €333 | +€173 | +108% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,421 | €3,335 | -€86 | -2.5% |
| Other operating charges | 640/8 | €381 | €447 | +€66 | +17.3% |
| Gross operating margin | 9900 | €38,081 | €52,796 | +€14,715 | +38.6% |
| Operating profit (loss) | 9901 | €34,279 | €49,014 | +€14,736 | +43.0% |
| Financial charges | 65/66B | €54 | €57 | +€3 | +5.0% |
| Recurring financial charges | 65 | €54 | €57 | +€3 | +5.0% |
| Profit (loss) for the period before taxes | 9903 | €34,224 | €48,957 | +€14,733 | +43.0% |
| Income taxes | 67/77 | €9,657 | €12,657 | +€3,000 | +31.1% |
| Profit (loss) for the period | 9904 | €24,568 | €36,301 | +€11,733 | +47.8% |
| Profit (loss) for the period to be appropriated | 9905 | €24,568 | €36,301 | +€11,733 | +47.8% |
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 13 October 2026 via checked.be.