KYANZAS: 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.
KYANZAS
Largest movements
- Receivables after one year +€10,470
up €10,470 (+24.5%), from €42,670 to €53,140
- Receivables within one year +€8,394
up €8,394 (+28.5%), from €29,401 to €37,795
of which Trade receivables: +€8,394
- Cash -€4,626
down €4,626 (-36.0%), from €12,833 to €8,207
mainly Receivables after one year (-€10,470) and Trade debts (-€9,551)
- Deferred charges and accrued income -€3,801
down €3,801 (-100%), from €3,801 to €0
- Reserves +€10,552
up €10,552 (+25.8%), from €40,882 to €51,434
- Tax, wage and social debts +€10,528
up €10,528 (+78.0%), from €13,503 to €24,031
of which Taxes: +€6,433
- Trade debts -€9,551
down €9,551 (-82.2%), from €11,614 to €2,063
- Short-term financial debts -€1,921
down €1,921 (-100%), from €1,921 to €0
- Taxes +€2,442
up €2,442 (+57.7%), from €4,234 to €6,677
- Gross operating margin +€2,131
up €2,131 (+12.2%), from €17,451 to €19,583
- Financial charges -€2,020
down €2,020 (-83.7%), from €2,413 to €393
of which Non-recurring financial charges: -€1,788
- Depreciation -€943
down €943 (-28.5%), from €3,307 to €2,364
- Financial income +€316
up €316 (+26.9%), from €1,175 to €1,491
of which Financial income: +€316
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 | €94,253 | €103,730 | +€9,477 | +10.1% |
| Fixed assets | 21/28 | €5,547 | €4,588 | -€960 | -17.3% |
| Tangible fixed assets | 22/27 | €5,547 | €4,588 | -€960 | -17.3% |
| Plant, machinery and equipment | 23 | €3,324 | €1,902 | -€1,422 | -42.8% |
| Furniture and vehicles | 24 | €582 | €1,592 | +€1,009 | +173% |
| Other tangible fixed assets | 26 | €1,641 | €1,094 | -€547 | -33.3% |
| Current assets | 29/58 | €88,706 | €99,143 | +€10,436 | +11.8% |
| Amounts receivable after more than one year | 29 | €42,670 | €53,140 | +€10,470 | +24.5% |
| Other amounts receivable | 291 | €42,670 | €53,140 | +€10,470 | +24.5% |
| Amounts receivable within one year | 40/41 | €29,401 | €37,795 | +€8,394 | +28.5% |
| Trade receivables | 40 | €28,699 | €37,092 | +€8,394 | +29.2% |
| Other amounts receivable | 41 | €703 | €703 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €12,833 | €8,207 | -€4,626 | -36.0% |
| Deferred charges and accrued income | 490/1 | €3,801 | €0 | -€3,801 | -100% |
| Total equity and liabilities | 10/49 | €94,253 | €103,730 | +€9,477 | +10.1% |
| Equity | 10/15 | €66,707 | €77,259 | +€10,552 | +15.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €40,882 | €51,434 | +€10,552 | +25.8% |
| Distributable reserves | 133 | €40,882 | €51,434 | +€10,552 | +25.8% |
| Profit (loss) carried forward | 14 | €19,625 | €19,625 | = | 0.0% |
| Amounts payable | 17/49 | €27,547 | €26,471 | -€1,076 | -3.9% |
| Amounts payable within one year | 42/48 | €27,547 | €26,471 | -€1,076 | -3.9% |
| Financial debts | 43 | €1,921 | €0 | -€1,921 | -100% |
| Credit institutions | 430/8 | €1,921 | €0 | -€1,921 | -100% |
| Trade debts | 44 | €11,614 | €2,063 | -€9,551 | -82.2% |
| Suppliers | 440/4 | €11,614 | €2,063 | -€9,551 | -82.2% |
| Taxes, remuneration and social security | 45 | €13,503 | €24,031 | +€10,528 | +78.0% |
| Taxes | 450/3 | €13,503 | €19,936 | +€6,433 | +47.6% |
| Remuneration and social security | 454/9 | €0 | €4,095 | +€4,095 | |
| Other amounts payable | 47/48 | €509 | €378 | -€132 | -25.9% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,307 | €2,364 | -€943 | -28.5% |
| Other operating charges | 640/8 | €893 | €1,088 | +€195 | +21.9% |
| Gross operating margin | 9900 | €17,451 | €19,583 | +€2,131 | +12.2% |
| Operating profit (loss) | 9901 | €13,251 | €16,131 | +€2,879 | +21.7% |
| Financial income | 75/76B | €1,175 | €1,491 | +€316 | +26.9% |
| Recurring financial income | 75 | €1,175 | €1,491 | +€316 | +26.9% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €2,413 | €393 | -€2,020 | -83.7% |
| Recurring financial charges | 65 | €625 | €393 | -€232 | -37.1% |
| Non-recurring financial charges | 66B | €1,788 | €0 | -€1,788 | -100% |
| Profit (loss) for the period before taxes | 9903 | €12,013 | €17,229 | +€5,216 | +43.4% |
| Income taxes | 67/77 | €4,234 | €6,677 | +€2,442 | +57.7% |
| Profit (loss) for the period | 9904 | €7,779 | €10,552 | +€2,773 | +35.6% |
| Profit (loss) for the period to be appropriated | 9905 | €7,779 | €10,552 | +€2,773 | +35.6% |
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 23 October 2026 via checked.be.