KIYO: 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.
KIYO
Largest movements
- Receivables within one year -€189,191
down €189,191 (-53.1%), from €355,971 to €166,780
of which Other amounts receivable: -€197,589
- Cash +€69,635
up €69,635 (+35.6%), from €195,484 to €265,119
mainly Receivables within one year (+€189,191) and Accrued charges and deferred income (+€141,278)
- Deferred charges and accrued income -€6,072
down €6,072 (-49.0%), from €12,391 to €6,319
- Debts within one year -€235,203
down €235,203 (-60.5%), from €388,850 to €153,647
of which Short-term financial debts: -€149,250
- Accrued charges and deferred income +€141,278
up €141,278 (+494%), from €28,597 to €169,875
- Profit (loss) carried forward -€32,007
down €32,007 (-37.8%), from €84,564 to €52,557
- Gross operating margin -€433,911
down €433,911 (-22.6%), from €1.9m to €1.5m
- Other operating charges -€256,074
down €256,074 (-21.8%), from €1.2m to €916,695
- Staff costs -€161,982
down €161,982 (-21.5%), from €754,153 to €592,171
- Purchases and services -€120,526
down €120,526 (-36.8%), from €327,902 to €207,376
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 | €572,406 | €446,473 | -€125,933 | -22.0% |
| Fixed assets | 21/28 | €8,560 | €8,255 | -€305 | -3.6% |
| Intangible fixed assets | 21 | €1,220 | €915 | -€305 | -25.0% |
| Tangible fixed assets | 22/27 | €0 | €0 | = | |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Financial fixed assets | 28 | €7,340 | €7,340 | = | 0.0% |
| Current assets | 29/58 | €563,846 | €438,218 | -€125,628 | -22.3% |
| Amounts receivable within one year | 40/41 | €355,971 | €166,780 | -€189,191 | -53.1% |
| Trade receivables | 40 | €0 | €8,398 | +€8,398 | |
| Other amounts receivable | 41 | €355,971 | €158,382 | -€197,589 | -55.5% |
| Cash at bank and in hand | 54/58 | €195,484 | €265,119 | +€69,635 | +35.6% |
| Deferred charges and accrued income | 490/1 | €12,391 | €6,319 | -€6,072 | -49.0% |
| Total equity and liabilities | 10/49 | €572,406 | €446,473 | -€125,933 | -22.0% |
| Equity | 10/15 | €139,861 | €107,853 | -€32,008 | -22.9% |
| Contributions | 10/11 | €55,297 | €55,297 | -€0 | 0.0% |
| Capital | 10 | €55,297 | €55,297 | -€0 | 0.0% |
| Profit (loss) carried forward | 14 | €84,564 | €52,557 | -€32,007 | -37.8% |
| Investment grants | 15 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €15,098 | €15,098 | -€1 | 0.0% |
| Provisions for liabilities and charges | 160/5 | €15,098 | €15,098 | -€1 | 0.0% |
| Environmental obligations | 163 | €15,098 | €15,098 | -€1 | 0.0% |
| Amounts payable | 17/49 | €417,447 | €323,522 | -€93,925 | -22.5% |
| Amounts payable within one year | 42/48 | €388,850 | €153,647 | -€235,203 | -60.5% |
| Financial debts | 43 | €149,250 | €0 | -€149,250 | -100% |
| Credit institutions | 430/8 | €149,250 | €0 | -€149,250 | -100% |
| Trade debts | 44 | €22,251 | €21,962 | -€289 | -1.3% |
| Suppliers | 440/4 | €22,251 | €21,962 | -€289 | -1.3% |
| Taxes, remuneration and social security | 45 | €104,209 | €55,596 | -€48,613 | -46.6% |
| Taxes | 450/3 | €21,697 | €9,612 | -€12,085 | -55.7% |
| Remuneration and social security | 454/9 | €82,512 | €45,984 | -€36,528 | -44.3% |
| Accrued charges and deferred income | 492/3 | €28,597 | €169,875 | +€141,278 | +494% |
| Turnover | 70 | €14,050 | €14,165 | +€115 | +0.8% |
| Membership fees, donations, legacies and grants | 73 | €2,209,768 | €1,670,393 | -€539,375 | -24.4% |
| Non-recurring operating income | 76A | €2,144 | €0 | -€2,144 | -100% |
| Goods, raw materials, services and sundry goods | 60/61 | €327,902 | €207,376 | -€120,526 | -36.8% |
| Remuneration, social security and pensions | 62 | €754,153 | €592,171 | -€161,982 | -21.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,004 | €305 | -€4,699 | -93.9% |
| Other operating charges | 640/8 | €1,172,769 | €916,695 | -€256,074 | -21.8% |
| Gross operating margin | 9900 | €1,921,543 | €1,487,632 | -€433,911 | -22.6% |
| Operating profit (loss) | 9901 | -€10,383 | -€21,539 | -€11,156 | -107% |
| Financial income | 75/76B | €400 | €692 | +€292 | +72.9% |
| Recurring financial income | 75 | €400 | €692 | +€292 | +72.9% |
| Financial charges | 65/66B | €7,333 | €11,161 | +€3,828 | +52.2% |
| Recurring financial charges | 65 | €7,333 | €8,500 | +€1,167 | +15.9% |
| Non-recurring financial charges | 66B | - | €2,661 | +€2,661 | |
| Profit (loss) for the period before taxes | 9903 | -€17,316 | -€32,008 | -€14,692 | -84.8% |
| Profit (loss) for the period | 9904 | -€17,316 | -€32,008 | -€14,692 | -84.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,316 | -€32,008 | -€14,692 | -84.8% |
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 16 October 2026 via checked.be.