Kunli: 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.
Kunli
Largest movements
- Tangible fixed assets -€22,278
down €22,278 (-3.9%), from €572,785 to €550,507
of which Land and buildings: -€21,500
- Cash +€8,654
up €8,654 (+428.4%), from €2,020 to €10,675
mainly Depreciation (+€34,882) and Net result for the year (+€10,655)
- Debts after one year -€14,090
down €14,090 (-3.1%), from €461,945 to €447,856
- Other debts -€12,317
down €12,317 (-14.5%), from €85,118 to €72,801
- Short-term financial debts -€10,985
no longer reported in 2025 (was €10,985)
- Profit (loss) carried forward +€10,655
up €10,655 (+67.7%), from -€15,732 to -€5,077
- Accrued charges and deferred income +€8,678
new in 2025: €8,678
- Other operating charges -€70,296
down €70,296 (-97.0%), from €72,462 to €2,166
- Gross operating margin -€59,621
down €59,621 (-42.3%), from €141,093 to €81,473
- Staff costs -€57,932
down €57,932 (-86.4%), from €67,077 to €9,145
- Financial charges +€21,290
up €21,290 (+682.6%), from €3,119 to €24,409
- Depreciation +€20,901
up €20,901 (+149.5%), from €13,981 to €34,882
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 | €588,444 | €573,218 | -€15,226 | -2.6% |
| Fixed assets | 21/28 | €581,834 | €558,556 | -€23,278 | -4.0% |
| Intangible fixed assets | 21 | €9,049 | €8,049 | -€1,000 | -11.1% |
| Tangible fixed assets | 22/27 | €572,785 | €550,507 | -€22,278 | -3.9% |
| Land and buildings | 22 | €527,944 | €506,444 | -€21,500 | -4.1% |
| Plant, machinery and equipment | 23 | €44,841 | €44,063 | -€778 | -1.7% |
| Current assets | 29/58 | €6,610 | €14,662 | +€8,052 | +121.8% |
| Stocks and contracts in progress | 3 | €2,163 | €3,081 | +€918 | +42.4% |
| Stocks | 30/36 | €2,163 | €3,081 | +€918 | +42.4% |
| Cash at bank and in hand | 54/58 | €2,020 | €10,675 | +€8,654 | +428.4% |
| Deferred charges and accrued income | 490/1 | €2,427 | €907 | -€1,520 | -62.6% |
| Total equity and liabilities | 10/49 | €588,444 | €573,218 | -€15,226 | -2.6% |
| Equity | 10/15 | -€5,732 | €4,923 | +€10,655 | |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,732 | -€5,077 | +€10,655 | +67.7% |
| Amounts payable | 17/49 | €594,176 | €568,294 | -€25,882 | -4.4% |
| Amounts payable after more than one year | 17 | €461,945 | €447,856 | -€14,090 | -3.1% |
| Financial debts | 170/4 | €461,945 | €447,856 | -€14,090 | -3.1% |
| Amounts payable within one year | 42/48 | €132,230 | €111,761 | -€20,469 | -15.5% |
| Current portion of amounts payable after more than one year | 42 | €21,387 | €24,656 | +€3,268 | +15.3% |
| Financial debts | 43 | €10,985 | - | -€10,985 | |
| Credit institutions | 430/8 | €10,985 | - | -€10,985 | |
| Trade debts | 44 | €10,016 | €6,447 | -€3,570 | -35.6% |
| Suppliers | 440/4 | €10,016 | €6,447 | -€3,570 | -35.6% |
| Taxes, remuneration and social security | 45 | €4,723 | €7,858 | +€3,134 | +66.4% |
| Taxes | 450/3 | €1,850 | €3,008 | +€1,157 | +62.5% |
| Remuneration and social security | 454/9 | €2,873 | €4,850 | +€1,977 | +68.8% |
| Other amounts payable | 47/48 | €85,118 | €72,801 | -€12,317 | -14.5% |
| Accrued charges and deferred income | 492/3 | - | €8,678 | +€8,678 | |
| Remuneration, social security and pensions | 62 | €67,077 | €9,145 | -€57,932 | -86.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,981 | €34,882 | +€20,901 | +149.5% |
| Other operating charges | 640/8 | €72,462 | €2,166 | -€70,296 | -97.0% |
| Gross operating margin | 9900 | €141,093 | €81,473 | -€59,621 | -42.3% |
| Operating profit (loss) | 9901 | -€12,426 | €35,280 | +€47,706 | |
| Financial charges | 65/66B | €3,119 | €24,409 | +€21,290 | +682.6% |
| Recurring financial charges | 65 | €3,119 | €24,409 | +€21,290 | +682.6% |
| Profit (loss) for the period before taxes | 9903 | -€15,545 | €10,871 | +€26,415 | |
| Income taxes | 67/77 | €187 | €215 | +€28 | +15.1% |
| Profit (loss) for the period | 9904 | -€15,732 | €10,655 | +€26,387 | |
| Profit (loss) for the period to be appropriated | 9905 | -€15,732 | €10,655 | +€26,387 |
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 29 September 2026 via checked.be.