Kiunga: 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.
Kiunga
Largest movements
- Cash +€2.2m
up €2.2m (+1,017%), from €212,364 to €2.4m
mainly Net result for the year (+€2.0m) and Investment in fixed assets (net) (+€180,667)
- Financial fixed assets -€180,667
down €180,667 (-100%), from €180,667 to €0
- Receivables within one year -€53,433
down €53,433 (-53.6%), from €99,670 to €46,237
of which Other amounts receivable: -€31,993
- Reserves +€2.0m
up €2.0m (+751%), from €261,894 to €2.2m
of which Distributable reserves: +€2.0m
- Other debts -€41,401
down €41,401 (-16.4%), from €252,067 to €210,665
- Financial income +€2.4m
up €2.4m (+67,495%), from €3,554 to €2.4m
- Taxes +€195,716
up €195,716 (+3,444%), from €5,683 to €201,399
- Gross operating margin -€126,182
down €126,182 (-272%), from -€46,423 to -€172,606
- Other operating charges -€31,415
down €31,415 (-96.7%), from €32,484 to €1,069
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 | €551,972 | €2,463,937 | +€1.9m | +346% |
| Fixed assets | 21/28 | €238,591 | €42,670 | -€195,921 | -82.1% |
| Tangible fixed assets | 22/27 | €57,925 | €42,670 | -€15,255 | -26.3% |
| Plant, machinery and equipment | 23 | €1,047 | €787 | -€260 | -24.9% |
| Furniture and vehicles | 24 | €56,877 | €41,883 | -€14,994 | -26.4% |
| Financial fixed assets | 28 | €180,667 | €0 | -€180,667 | -100% |
| Current assets | 29/58 | €313,381 | €2,421,267 | +€2.1m | +673% |
| Amounts receivable within one year | 40/41 | €99,670 | €46,237 | -€53,433 | -53.6% |
| Trade receivables | 40 | €21,440 | €0 | -€21,440 | -100% |
| Other amounts receivable | 41 | €78,230 | €46,237 | -€31,993 | -40.9% |
| Cash at bank and in hand | 54/58 | €212,364 | €2,371,666 | +€2.2m | +1,017% |
| Deferred charges and accrued income | 490/1 | €1,347 | €3,364 | +€2,017 | +150% |
| Total equity and liabilities | 10/49 | €551,972 | €2,463,937 | +€1.9m | +346% |
| Equity | 10/15 | €274,294 | €2,239,867 | +€2.0m | +717% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €261,894 | €2,227,467 | +€2.0m | +751% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Tax-exempt reserves | 132 | €3,605 | €3,605 | = | 0.0% |
| Distributable reserves | 133 | €256,435 | €2,222,007 | +€2.0m | +767% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €277,678 | €224,070 | -€53,608 | -19.3% |
| Amounts payable within one year | 42/48 | €277,678 | €224,070 | -€53,608 | -19.3% |
| Trade debts | 44 | €17,489 | €7,511 | -€9,978 | -57.1% |
| Suppliers | 440/4 | €17,489 | €7,511 | -€9,978 | -57.1% |
| Taxes, remuneration and social security | 45 | €8,122 | €5,893 | -€2,229 | -27.4% |
| Taxes | 450/3 | €5,445 | €3,191 | -€2,254 | -41.4% |
| Remuneration and social security | 454/9 | €2,677 | €2,702 | +€25 | +0.9% |
| Other amounts payable | 47/48 | €252,067 | €210,665 | -€41,401 | -16.4% |
| Non-recurring operating income | 76A | €4,525 | €0 | -€4,525 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,174 | €15,255 | -€919 | -5.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €32,484 | €1,069 | -€31,415 | -96.7% |
| Gross operating margin | 9900 | -€46,423 | -€172,606 | -€126,182 | -272% |
| Operating profit (loss) | 9901 | -€95,081 | -€188,929 | -€93,848 | -98.7% |
| Financial income | 75/76B | €3,554 | €2,402,334 | +€2.4m | +67,495% |
| Recurring financial income | 75 | €3,554 | €2,402,334 | +€2.4m | +67,495% |
| Financial charges | 65/66B | €43 | €13 | -€30 | -69.4% |
| Recurring financial charges | 65 | €43 | €13 | -€30 | -69.4% |
| Profit (loss) for the period before taxes | 9903 | -€91,570 | €2,213,391 | +€2.3m | |
| Income taxes | 67/77 | €5,683 | €201,399 | +€195,716 | +3,444% |
| Profit (loss) for the period | 9904 | -€97,253 | €2,011,993 | +€2.1m | |
| Profit (loss) for the period to be appropriated | 9905 | -€97,253 | €2,011,993 | +€2.1m |
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.