Kyana: 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.
Kyana
Largest movements
- Current investments +€70,191
up €70,191 (+24.2%), from €289,809 to €360,000
- Cash -€21,701
down €21,701 (-11.2%), from €193,879 to €172,178
mainly Contributions, distributions and other (-€74,793) and Current investments (-€70,191)
- Receivables within one year -€6,001
down €6,001 (-15.8%), from €37,927 to €31,926
of which Trade receivables: -€11,030
- Reserves +€31,272
up €31,272 (+7.5%), from €415,044 to €446,316
- Tax, wage and social debts +€7,729
up €7,729 (+223%), from €3,461 to €11,190
of which Taxes: +€9,504
- Gross operating margin +€16,937
up €16,937 (+14.2%), from €119,108 to €136,045
- Financial income +€14,168
up €14,168 (+334%), from €4,239 to €18,407
- Taxes +€9,610
up €9,610 (+27.9%), from €34,419 to €44,029
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 | €525,303 | €568,466 | +€43,163 | +8.2% |
| Fixed assets | 21/28 | €2,489 | €3,158 | +€669 | +26.9% |
| Tangible fixed assets | 22/27 | €2,489 | €3,158 | +€669 | +26.9% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Other tangible fixed assets | 26 | €2,489 | €3,158 | +€669 | +26.9% |
| Current assets | 29/58 | €522,814 | €565,308 | +€42,495 | +8.1% |
| Amounts receivable within one year | 40/41 | €37,927 | €31,926 | -€6,001 | -15.8% |
| Trade receivables | 40 | €37,654 | €26,624 | -€11,030 | -29.3% |
| Other amounts receivable | 41 | €273 | €5,302 | +€5,029 | +1,845% |
| Current investments | 50/53 | €289,809 | €360,000 | +€70,191 | +24.2% |
| Cash at bank and in hand | 54/58 | €193,879 | €172,178 | -€21,701 | -11.2% |
| Deferred charges and accrued income | 490/1 | €1,199 | €1,204 | +€6 | +0.5% |
| Total equity and liabilities | 10/49 | €525,303 | €568,466 | +€43,163 | +8.2% |
| Equity | 10/15 | €421,244 | €452,516 | +€31,272 | +7.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €415,044 | €446,316 | +€31,272 | +7.5% |
| Distributable reserves | 133 | €415,044 | €446,316 | +€31,272 | +7.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €104,059 | €115,950 | +€11,892 | +11.4% |
| Amounts payable after more than one year | 17 | €27,000 | €27,000 | = | 0.0% |
| Other amounts payable | 178/9 | €27,000 | €27,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €77,059 | €88,950 | +€11,892 | +15.4% |
| Financial debts | 43 | €204 | €742 | +€537 | +263% |
| Credit institutions | 430/8 | €204 | €0 | -€204 | -100% |
| Other loans | 439 | - | €742 | +€742 | |
| Trade debts | 44 | €2,341 | €894 | -€1,447 | -61.8% |
| Suppliers | 440/4 | €2,341 | €894 | -€1,447 | -61.8% |
| Taxes, remuneration and social security | 45 | €3,461 | €11,190 | +€7,729 | +223% |
| Taxes | 450/3 | €1,686 | €11,190 | +€9,504 | +564% |
| Remuneration and social security | 454/9 | €1,775 | €0 | -€1,775 | -100% |
| Other amounts payable | 47/48 | €71,052 | €76,125 | +€5,073 | +7.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €598 | €721 | +€123 | +20.6% |
| Other operating charges | 640/8 | €1,407 | €1,413 | +€5 | +0.4% |
| Non-recurring operating charges | 66A | €1 | €0 | -€1 | -100% |
| Gross operating margin | 9900 | €119,108 | €136,045 | +€16,937 | +14.2% |
| Operating profit (loss) | 9901 | €117,102 | €133,911 | +€16,809 | +14.4% |
| Financial income | 75/76B | €4,239 | €18,407 | +€14,168 | +334% |
| Recurring financial income | 75 | €4,239 | €18,407 | +€14,168 | +334% |
| Financial charges | 65/66B | €1,670 | €2,224 | +€554 | +33.2% |
| Recurring financial charges | 65 | €1,670 | €2,224 | +€554 | +33.2% |
| Profit (loss) for the period before taxes | 9903 | €119,671 | €150,094 | +€30,423 | +25.4% |
| Income taxes | 67/77 | €34,419 | €44,029 | +€9,610 | +27.9% |
| Profit (loss) for the period | 9904 | €85,252 | €106,065 | +€20,813 | +24.4% |
| Profit (loss) for the period to be appropriated | 9905 | €85,252 | €106,065 | +€20,813 | +24.4% |
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 14 October 2026 via checked.be.