KIRILLISM: 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.
KIRILLISM
Largest movements
- Cash -€116,355
down €116,355 (-63.6%), from €182,935 to €66,579
mainly Other debts (-€185,000) and Tax, wage and social debts (-€13,324)
- Receivables within one year +€12,412
up €12,412 (+29.9%), from €41,484 to €53,896
of which Trade receivables: +€8,336
- Tangible fixed assets -€4,232
down €4,232 (-49.9%), from €8,478 to €4,246
- Other debts -€185,000
no longer reported in 2025 (was €185,000)
- Profit (loss) carried forward +€89,931
up €89,931 (+519%), from €17,335 to €107,266
- Tax, wage and social debts -€13,324
down €13,324 (-47.1%), from €28,262 to €14,937
of which Taxes: -€13,324
- Gross operating margin +€6,631
up €6,631 (+5.9%), from €112,015 to €118,647
- Taxes +€1,956
up €1,956 (+8.8%), from €22,243 to €24,199
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 | €233,424 | €124,790 | -€108,633 | -46.5% |
| Fixed assets | 21/28 | €8,478 | €4,246 | -€4,232 | -49.9% |
| Tangible fixed assets | 22/27 | €8,478 | €4,246 | -€4,232 | -49.9% |
| Furniture and vehicles | 24 | €8,478 | €4,246 | -€4,232 | -49.9% |
| Current assets | 29/58 | €224,945 | €120,544 | -€104,401 | -46.4% |
| Amounts receivable within one year | 40/41 | €41,484 | €53,896 | +€12,412 | +29.9% |
| Trade receivables | 40 | €34,383 | €42,720 | +€8,336 | +24.2% |
| Other amounts receivable | 41 | €7,101 | €11,177 | +€4,076 | +57.4% |
| Cash at bank and in hand | 54/58 | €182,935 | €66,579 | -€116,355 | -63.6% |
| Deferred charges and accrued income | 490/1 | €527 | €69 | -€458 | -87.0% |
| Total equity and liabilities | 10/49 | €233,424 | €124,790 | -€108,633 | -46.5% |
| Equity | 10/15 | €19,835 | €109,766 | +€89,931 | +453% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,335 | €107,266 | +€89,931 | +519% |
| Amounts payable | 17/49 | €213,589 | €15,024 | -€198,565 | -93.0% |
| Amounts payable within one year | 42/48 | €213,589 | €15,024 | -€198,565 | -93.0% |
| Financial debts | 43 | €24 | €56 | +€31 | +127% |
| Credit institutions | 430/8 | €24 | €56 | +€31 | +127% |
| Trade debts | 44 | €303 | €31 | -€271 | -89.7% |
| Suppliers | 440/4 | €303 | €31 | -€271 | -89.7% |
| Taxes, remuneration and social security | 45 | €28,262 | €14,937 | -€13,324 | -47.1% |
| Taxes | 450/3 | €26,462 | €13,137 | -€13,324 | -50.4% |
| Remuneration and social security | 454/9 | €1,800 | €1,800 | = | 0.0% |
| Other amounts payable | 47/48 | €185,000 | - | -€185,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,207 | €4,232 | +€1,025 | +32.0% |
| Other operating charges | 640/8 | €449 | €687 | +€237 | +52.8% |
| Gross operating margin | 9900 | €112,015 | €118,647 | +€6,631 | +5.9% |
| Operating profit (loss) | 9901 | €108,359 | €113,728 | +€5,369 | +5.0% |
| Financial income | 75/76B | €342 | €494 | +€152 | +44.6% |
| Recurring financial income | 75 | €342 | €494 | +€152 | +44.6% |
| Financial charges | 65/66B | €94 | €92 | -€2 | -2.6% |
| Recurring financial charges | 65 | €94 | €92 | -€2 | -2.6% |
| Profit (loss) for the period before taxes | 9903 | €108,606 | €114,130 | +€5,524 | +5.1% |
| Income taxes | 67/77 | €22,243 | €24,199 | +€1,956 | +8.8% |
| Profit (loss) for the period | 9904 | €86,364 | €89,931 | +€3,568 | +4.1% |
| Profit (loss) for the period to be appropriated | 9905 | €86,364 | €89,931 | +€3,568 | +4.1% |
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.