KIRUNA: 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.
KIRUNA
Largest movements
- Cash +€257,905
up €257,905 (+1472.8%), from €17,511 to €275,416
mainly Debts after one year (+€694,113) and Receivables after one year (+€50,000)
- Receivables within one year +€131,618
up €131,618 (+63.8%), from €206,151 to €337,769
- Receivables after one year -€50,000
no longer reported in 2025 (was €50,000)
- Tangible fixed assets -€34,443
down €34,443 (-7.9%), from €434,866 to €400,423
of which Land and buildings: -€22,067
- Debts after one year +€694,113
up €694,113 (+11790.8%), from €5,887 to €700,000
- Other debts -€372,594
no longer reported in 2025 (was €372,594)
- Gross operating margin -€98,081
down €98,081 (-63.7%), from €154,033 to €55,953
- Taxes -€31,055
down €31,055 (-98.1%), from €31,641 to €586
- Financial income +€6,317
up €6,317 (+69.4%), from €9,097 to €15,414
- Financial charges +€5,052
up €5,052 (+77.9%), from €6,481 to €11,532
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 | €1,731,022 | €2,036,287 | +€305,266 | +17.6% |
| Fixed assets | 21/28 | €1,434,866 | €1,400,423 | -€34,443 | -2.4% |
| Tangible fixed assets | 22/27 | €434,866 | €400,423 | -€34,443 | -7.9% |
| Land and buildings | 22 | €416,640 | €394,573 | -€22,067 | -5.3% |
| Furniture and vehicles | 24 | €18,226 | €5,850 | -€12,376 | -67.9% |
| Financial fixed assets | 28 | €1,000,000 | €1,000,000 | = | 0.0% |
| Current assets | 29/58 | €296,155 | €635,864 | +€339,709 | +114.7% |
| Amounts receivable after more than one year | 29 | €50,000 | - | -€50,000 | |
| Other amounts receivable | 291 | €50,000 | - | -€50,000 | |
| Amounts receivable within one year | 40/41 | €206,151 | €337,769 | +€131,618 | +63.8% |
| Other amounts receivable | 41 | €206,151 | €337,769 | +€131,618 | +63.8% |
| Cash at bank and in hand | 54/58 | €17,511 | €275,416 | +€257,905 | +1472.8% |
| Deferred charges and accrued income | 490/1 | €22,493 | €22,679 | +€186 | +0.8% |
| Total equity and liabilities | 10/49 | €1,731,022 | €2,036,287 | +€305,266 | +17.6% |
| Equity | 10/15 | €1,285,060 | €1,286,076 | +€1,016 | +0.1% |
| Contributions | 10/11 | €445,930 | €445,930 | = | 0.0% |
| Reserves | 13 | €257,207 | €257,207 | = | 0.0% |
| Distributable reserves | 133 | €257,207 | €257,207 | = | 0.0% |
| Profit (loss) carried forward | 14 | €581,923 | €582,939 | +€1,016 | +0.2% |
| Amounts payable | 17/49 | €445,962 | €750,211 | +€304,249 | +68.2% |
| Amounts payable after more than one year | 17 | €5,887 | €700,000 | +€694,113 | +11790.8% |
| Financial debts | 170/4 | €5,887 | €700,000 | +€694,113 | +11790.8% |
| Amounts payable within one year | 42/48 | €419,075 | €28,511 | -€390,564 | -93.2% |
| Current portion of amounts payable after more than one year | 42 | €12,681 | €6,871 | -€5,810 | -45.8% |
| Trade debts | 44 | €1,039 | €4,918 | +€3,879 | +373.4% |
| Suppliers | 440/4 | €1,039 | €4,918 | +€3,879 | +373.4% |
| Taxes, remuneration and social security | 45 | €32,761 | €16,722 | -€16,039 | -49.0% |
| Taxes | 450/3 | €32,761 | €16,722 | -€16,039 | -49.0% |
| Other amounts payable | 47/48 | €372,594 | - | -€372,594 | |
| Accrued charges and deferred income | 492/3 | €21,000 | €21,700 | +€700 | +3.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,443 | €34,443 | = | 0.0% |
| Other operating charges | 640/8 | €23,813 | €23,788 | -€25 | -0.1% |
| Gross operating margin | 9900 | €154,033 | €55,953 | -€98,081 | -63.7% |
| Operating profit (loss) | 9901 | €95,777 | -€2,279 | -€98,056 | |
| Financial income | 75/76B | €9,097 | €15,414 | +€6,317 | +69.4% |
| Recurring financial income | 75 | €9,097 | €15,414 | +€6,317 | +69.4% |
| Financial charges | 65/66B | €6,481 | €11,532 | +€5,052 | +77.9% |
| Recurring financial charges | 65 | €6,481 | €11,532 | +€5,052 | +77.9% |
| Profit (loss) for the period before taxes | 9903 | €98,393 | €1,603 | -€96,791 | -98.4% |
| Income taxes | 67/77 | €31,641 | €586 | -€31,055 | -98.1% |
| Profit (loss) for the period | 9904 | €66,752 | €1,016 | -€65,736 | -98.5% |
| Profit (loss) for the period to be appropriated | 9905 | €66,752 | €1,016 | -€65,736 | -98.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.