KIZILOZ: 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.
KIZILOZ
Largest movements
- Cash +€12,413
up €12,413 (+111.9%), from €11,096 to €23,509
mainly Net result for the year (+€7,175) and Depreciation (+€5,248)
- Tangible fixed assets -€5,248
down €5,248 (-67.4%), from €7,782 to €2,534
- Receivables within one year +€1,818
up €1,818 (+11.5%), from €15,798 to €17,616
of which Other amounts receivable: +€3,914
- Profit (loss) carried forward +€7,175
up €7,175 (+35.2%), from €20,376 to €27,552
- Tax, wage and social debts +€1,388
up €1,388 (+19.5%), from €7,127 to €8,515
of which Remuneration and social security: +€1,500
- Trade debts +€612
up €612 (+40.9%), from €1,494 to €2,106
- Gross operating margin -€5,402
down €5,402 (-26.7%), from €20,230 to €14,828
- Depreciation +€1,387
up €1,387 (+35.9%), from €3,860 to €5,248
- Taxes -€882
down €882 (-33.0%), from €2,676 to €1,794
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 | €35,190 | €44,173 | +€8,983 | +25.5% |
| Fixed assets | 21/28 | €8,296 | €3,048 | -€5,248 | -63.3% |
| Tangible fixed assets | 22/27 | €7,782 | €2,534 | -€5,248 | -67.4% |
| Furniture and vehicles | 24 | €7,782 | €2,534 | -€5,248 | -67.4% |
| Financial fixed assets | 28 | €514 | €514 | = | 0.0% |
| Current assets | 29/58 | €26,894 | €41,125 | +€14,231 | +52.9% |
| Amounts receivable within one year | 40/41 | €15,798 | €17,616 | +€1,818 | +11.5% |
| Trade receivables | 40 | €15,798 | €13,702 | -€2,096 | -13.3% |
| Other amounts receivable | 41 | - | €3,914 | +€3,914 | |
| Cash at bank and in hand | 54/58 | €11,096 | €23,509 | +€12,413 | +111.9% |
| Total equity and liabilities | 10/49 | €35,190 | €44,173 | +€8,983 | +25.5% |
| Equity | 10/15 | €26,376 | €33,552 | +€7,175 | +27.2% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Outside capital | 11 | €6,000 | €6,000 | = | 0.0% |
| Other | 1109/19 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,376 | €27,552 | +€7,175 | +35.2% |
| Amounts payable | 17/49 | €8,814 | €10,622 | +€1,808 | +20.5% |
| Amounts payable within one year | 42/48 | €8,814 | €10,622 | +€1,808 | +20.5% |
| Trade debts | 44 | €1,494 | €2,106 | +€612 | +40.9% |
| Suppliers | 440/4 | €1,494 | €2,106 | +€612 | +40.9% |
| Taxes, remuneration and social security | 45 | €7,127 | €8,515 | +€1,388 | +19.5% |
| Taxes | 450/3 | €7,127 | €7,015 | -€112 | -1.6% |
| Remuneration and social security | 454/9 | - | €1,500 | +€1,500 | |
| Other amounts payable | 47/48 | €192 | - | -€192 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,860 | €5,248 | +€1,387 | +35.9% |
| Other operating charges | 640/8 | €767 | €635 | -€132 | -17.2% |
| Non-recurring operating charges | 66A | €2,479 | - | -€2,479 | |
| Gross operating margin | 9900 | €20,230 | €14,828 | -€5,402 | -26.7% |
| Operating profit (loss) | 9901 | €13,124 | €8,945 | -€4,178 | -31.8% |
| Financial income | 75/76B | - | €106 | +€106 | |
| Recurring financial income | 75 | - | €106 | +€106 | |
| Financial charges | 65/66B | €67 | €82 | +€15 | +22.3% |
| Recurring financial charges | 65 | €67 | €82 | +€15 | +22.3% |
| Profit (loss) for the period before taxes | 9903 | €13,056 | €8,969 | -€4,087 | -31.3% |
| Income taxes | 67/77 | €2,676 | €1,794 | -€882 | -33.0% |
| Profit (loss) for the period | 9904 | €10,380 | €7,175 | -€3,205 | -30.9% |
| Profit (loss) for the period to be appropriated | 9905 | €10,380 | €7,175 | -€3,205 | -30.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.