KIRIAKO: 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.
KIRIAKO
Largest movements
- Tangible fixed assets -€18,486
no longer reported in 2025 (was €18,486)
- Cash +€10,611
up €10,611 (+47.2%), from €22,488 to €33,099
mainly Investment in fixed assets (net) (+€18,486) and Net result for the year (+€16,915)
- Receivables within one year +€8,734
up €8,734 (+36.7%), from €23,826 to €32,560
of which Other amounts receivable: +€7,135
- Profit (loss) carried forward +€16,915
up €16,915 (+65.9%), from €25,668 to €42,583
- Debts after one year -€13,841
no longer reported in 2025 (was €13,841)
- Current portion of long-term debt -€5,953
no longer reported in 2025 (was €5,953)
- Tax, wage and social debts +€1,931
up €1,931 (+13.5%), from €14,300 to €16,231
- Trade debts +€1,421
up €1,421 (+335.2%), from €424 to €1,845
- Gross operating margin +€2,501
up €2,501 (+7.2%), from €34,714 to €37,215
- Financial charges +€1,345
up €1,345 (+471.7%), from €285 to €1,630
- Depreciation -€1,278
no longer reported in 2025 (was €1,278)
- Other operating charges +€1,178
up €1,178 (+193.6%), from €609 to €1,787
- Financial income +€807
new in 2025: €807
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 | €65,185 | €65,659 | +€473 | +0.7% |
| Fixed assets | 21/28 | €18,486 | - | -€18,486 | |
| Tangible fixed assets | 22/27 | €18,486 | - | -€18,486 | |
| Furniture and vehicles | 24 | €18,486 | - | -€18,486 | |
| Current assets | 29/58 | €46,699 | €65,659 | +€18,959 | +40.6% |
| Amounts receivable within one year | 40/41 | €23,826 | €32,560 | +€8,734 | +36.7% |
| Trade receivables | 40 | €12,502 | €14,101 | +€1,599 | +12.8% |
| Other amounts receivable | 41 | €11,323 | €18,458 | +€7,135 | +63.0% |
| Cash at bank and in hand | 54/58 | €22,488 | €33,099 | +€10,611 | +47.2% |
| Deferred charges and accrued income | 490/1 | €385 | - | -€385 | |
| Total equity and liabilities | 10/49 | €65,185 | €65,659 | +€473 | +0.7% |
| Equity | 10/15 | €30,668 | €47,583 | +€16,915 | +55.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,668 | €42,583 | +€16,915 | +65.9% |
| Amounts payable | 17/49 | €34,517 | €18,076 | -€16,441 | -47.6% |
| Amounts payable after more than one year | 17 | €13,841 | - | -€13,841 | |
| Financial debts | 170/4 | €13,841 | - | -€13,841 | |
| Amounts payable within one year | 42/48 | €20,676 | €18,076 | -€2,601 | -12.6% |
| Current portion of amounts payable after more than one year | 42 | €5,953 | - | -€5,953 | |
| Trade debts | 44 | €424 | €1,845 | +€1,421 | +335.2% |
| Suppliers | 440/4 | €424 | €1,845 | +€1,421 | +335.2% |
| Taxes, remuneration and social security | 45 | €14,300 | €16,231 | +€1,931 | +13.5% |
| Taxes | 450/3 | €14,300 | €16,231 | +€1,931 | +13.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,278 | - | -€1,278 | |
| Other operating charges | 640/8 | €609 | €1,787 | +€1,178 | +193.6% |
| Non-recurring operating charges | 66A | - | €10,986 | +€10,986 | |
| Gross operating margin | 9900 | €34,714 | €37,215 | +€2,501 | +7.2% |
| Operating profit (loss) | 9901 | €32,827 | €24,442 | -€8,385 | -25.5% |
| Financial income | 75/76B | - | €807 | +€807 | |
| Recurring financial income | 75 | - | €807 | +€807 | |
| Financial charges | 65/66B | €285 | €1,630 | +€1,345 | +471.7% |
| Recurring financial charges | 65 | €285 | €1,630 | +€1,345 | +471.7% |
| Profit (loss) for the period before taxes | 9903 | €32,542 | €23,619 | -€8,923 | -27.4% |
| Income taxes | 67/77 | €6,874 | €6,705 | -€169 | -2.5% |
| Profit (loss) for the period | 9904 | €25,668 | €16,915 | -€8,754 | -34.1% |
| Profit (loss) for the period to be appropriated | 9905 | €25,668 | €16,915 | -€8,754 | -34.1% |
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 6 October 2026 via checked.be.