KIRSTY'S: 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.
KIRSTY'S
Largest movements
- Cash -€16,000
down €16,000 (-87.4%), from €18,313 to €2,313
mainly Stocks and contracts (-€14,503) and Trade debts (-€6,243)
- Stocks and contracts +€14,503
up €14,503 (+39.3%), from €36,911 to €51,414
- Tangible fixed assets -€4,219
down €4,219 (-34.4%), from €12,255 to €8,036
of which Furniture and vehicles: -€4,500
- Receivables within one year -€1,120
down €1,120 (-26.1%), from €4,292 to €3,172
of which Other amounts receivable: -€2,000
- Profit (loss) carried forward +€6,271
up €6,271 (+79.2%), from €7,919 to €14,190
- Trade debts -€6,243
down €6,243 (-98.0%), from €6,373 to €130
- Debts after one year -€2,997
no longer reported in 2025 (was €2,997)
- Short-term financial debts -€2,863
down €2,863 (-48.9%), from €5,860 to €2,997
- Other debts +€2,257
up €2,257 (+25.1%), from €9,000 to €11,257
- Gross operating margin -€3,300
down €3,300 (-18.9%), from €17,466 to €14,166
- Taxes +€1,423
up €1,423 (+140%), from €1,017 to €2,440
- Depreciation -€199
down €199 (-4.1%), from €4,831 to €4,632
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 | €71,771 | €64,935 | -€6,836 | -9.5% |
| Fixed assets | 21/28 | €12,255 | €8,036 | -€4,219 | -34.4% |
| Tangible fixed assets | 22/27 | €12,255 | €8,036 | -€4,219 | -34.4% |
| Plant, machinery and equipment | 23 | - | €281 | +€281 | |
| Furniture and vehicles | 24 | €12,255 | €7,755 | -€4,500 | -36.7% |
| Current assets | 29/58 | €59,516 | €56,899 | -€2,617 | -4.4% |
| Stocks and contracts in progress | 3 | €36,911 | €51,414 | +€14,503 | +39.3% |
| Stocks | 30/36 | €36,911 | €51,414 | +€14,503 | +39.3% |
| Amounts receivable within one year | 40/41 | €4,292 | €3,172 | -€1,120 | -26.1% |
| Trade receivables | 40 | €1,310 | €2,190 | +€880 | +67.2% |
| Other amounts receivable | 41 | €2,982 | €982 | -€2,000 | -67.1% |
| Cash at bank and in hand | 54/58 | €18,313 | €2,313 | -€16,000 | -87.4% |
| Total equity and liabilities | 10/49 | €71,771 | €64,935 | -€6,836 | -9.5% |
| Equity | 10/15 | €37,919 | €44,190 | +€6,271 | +16.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €10,000 | €10,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €8,000 | €8,000 | = | 0.0% |
| Distributable reserves | 133 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,919 | €14,190 | +€6,271 | +79.2% |
| Amounts payable | 17/49 | €33,852 | €20,745 | -€13,107 | -38.7% |
| Amounts payable after more than one year | 17 | €2,997 | - | -€2,997 | |
| Financial debts | 170/4 | €2,997 | - | -€2,997 | |
| Amounts payable within one year | 42/48 | €27,229 | €19,092 | -€8,137 | -29.9% |
| Financial debts | 43 | €5,860 | €2,997 | -€2,863 | -48.9% |
| Credit institutions | 430/8 | €5,860 | €2,997 | -€2,863 | -48.9% |
| Trade debts | 44 | €6,373 | €130 | -€6,243 | -98.0% |
| Suppliers | 440/4 | €6,373 | €130 | -€6,243 | -98.0% |
| Taxes, remuneration and social security | 45 | €5,996 | €4,708 | -€1,288 | -21.5% |
| Taxes | 450/3 | €5,996 | €4,708 | -€1,288 | -21.5% |
| Other amounts payable | 47/48 | €9,000 | €11,257 | +€2,257 | +25.1% |
| Accrued charges and deferred income | 492/3 | €3,626 | €1,653 | -€1,973 | -54.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,831 | €4,632 | -€199 | -4.1% |
| Other operating charges | 640/8 | €346 | €411 | +€65 | +18.8% |
| Gross operating margin | 9900 | €17,466 | €14,166 | -€3,300 | -18.9% |
| Operating profit (loss) | 9901 | €12,289 | €9,123 | -€3,166 | -25.8% |
| Financial income | 75/76B | €95 | €195 | +€100 | +105% |
| Recurring financial income | 75 | €95 | €195 | +€100 | +105% |
| Financial charges | 65/66B | €601 | €607 | +€6 | +1.0% |
| Recurring financial charges | 65 | €601 | €607 | +€6 | +1.0% |
| Profit (loss) for the period before taxes | 9903 | €11,783 | €8,711 | -€3,072 | -26.1% |
| Income taxes | 67/77 | €1,017 | €2,440 | +€1,423 | +140% |
| Profit (loss) for the period | 9904 | €10,766 | €6,271 | -€4,495 | -41.8% |
| Profit (loss) for the period to be appropriated | 9905 | €10,766 | €6,271 | -€4,495 | -41.8% |
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 26 October 2026 via checked.be.