KYARA: 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.
KYARA
Largest movements
- Cash +€490,845
up €490,845 (+2294.4%), from €21,393 to €512,238
mainly Other debts (+€305,307) and Net result for the year (+€114,233)
- Receivables within one year -€49,708
down €49,708 (-43.8%), from €113,425 to €63,717
of which Trade receivables: -€55,792
- Tangible fixed assets -€23,975
down €23,975 (-1.9%), from €1.2m to €1.2m
of which Land and buildings: -€51,113
- Other debts +€305,307
up €305,307 (+284.2%), from €107,409 to €412,716
- Reserves +€114,233
up €114,233 (+27.1%), from €422,014 to €536,247
of which Distributable reserves: +€114,233
- Tax, wage and social debts +€44,454
up €44,454 (+136.0%), from €32,691 to €77,146
of which Taxes: +€47,168
- Trade debts -€31,309
down €31,309 (-30.5%), from €102,525 to €71,217
- Debts after one year -€26,882
down €26,882 (-10.7%), from €251,396 to €224,514
- Gross operating margin +€96,292
up €96,292 (+51.5%), from €186,815 to €283,108
- Taxes +€45,032
up €45,032 (+1035.2%), from €4,350 to €49,381
- Depreciation -€43,624
down €43,624 (-48.3%), from €90,250 to €46,626
- Staff costs -€23,592
down €23,592 (-48.3%), from €48,814 to €25,223
- Financial charges +€13,817
up €13,817 (+75.3%), from €18,340 to €32,157
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,377,134 | €1,794,296 | +€417,162 | +30.3% |
| Fixed assets | 21/28 | €1,242,316 | €1,218,341 | -€23,975 | -1.9% |
| Tangible fixed assets | 22/27 | €1,242,316 | €1,218,341 | -€23,975 | -1.9% |
| Land and buildings | 22 | €1,242,316 | €1,191,203 | -€51,113 | -4.1% |
| Furniture and vehicles | 24 | - | €27,138 | +€27,138 | |
| Current assets | 29/58 | €134,818 | €575,955 | +€441,137 | +327.2% |
| Amounts receivable within one year | 40/41 | €113,425 | €63,717 | -€49,708 | -43.8% |
| Trade receivables | 40 | €106,798 | €51,005 | -€55,792 | -52.2% |
| Other amounts receivable | 41 | €6,627 | €12,712 | +€6,084 | +91.8% |
| Cash at bank and in hand | 54/58 | €21,393 | €512,238 | +€490,845 | +2294.4% |
| Total equity and liabilities | 10/49 | €1,377,134 | €1,794,296 | +€417,162 | +30.3% |
| Equity | 10/15 | €849,927 | €964,160 | +€114,233 | +13.4% |
| Contributions | 10/11 | €426,000 | €426,000 | = | 0.0% |
| Reserves | 13 | €422,014 | €536,247 | +€114,233 | +27.1% |
| Non-distributable reserves | 130/1 | €13,533 | €13,533 | = | 0.0% |
| Reserves not available under the articles | 1311 | €13,533 | €13,533 | = | 0.0% |
| Distributable reserves | 133 | €408,481 | €522,714 | +€114,233 | +28.0% |
| Profit (loss) carried forward | 14 | €1,913 | €1,913 | = | 0.0% |
| Amounts payable | 17/49 | €527,207 | €830,136 | +€302,929 | +57.5% |
| Amounts payable after more than one year | 17 | €251,396 | €224,514 | -€26,882 | -10.7% |
| Financial debts | 170/4 | €251,396 | €224,514 | -€26,882 | -10.7% |
| Amounts payable within one year | 42/48 | €271,801 | €591,341 | +€319,540 | +117.6% |
| Current portion of amounts payable after more than one year | 42 | €25,798 | €26,882 | +€1,083 | +4.2% |
| Financial debts | 43 | €3,376 | €3,381 | +€4 | +0.1% |
| Credit institutions | 430/8 | €3,376 | €3,381 | +€4 | +0.1% |
| Trade debts | 44 | €102,525 | €71,217 | -€31,309 | -30.5% |
| Suppliers | 440/4 | €102,525 | €71,217 | -€31,309 | -30.5% |
| Taxes, remuneration and social security | 45 | €32,691 | €77,146 | +€44,454 | +136.0% |
| Taxes | 450/3 | €28,100 | €75,267 | +€47,168 | +167.9% |
| Remuneration and social security | 454/9 | €4,592 | €1,878 | -€2,714 | -59.1% |
| Other amounts payable | 47/48 | €107,409 | €412,716 | +€305,307 | +284.2% |
| Accrued charges and deferred income | 492/3 | €4,011 | €14,282 | +€10,271 | +256.1% |
| Remuneration, social security and pensions | 62 | €48,814 | €25,223 | -€23,592 | -48.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €90,250 | €46,626 | -€43,624 | -48.3% |
| Other operating charges | 640/8 | €15,292 | €15,493 | +€200 | +1.3% |
| Gross operating margin | 9900 | €186,815 | €283,108 | +€96,292 | +51.5% |
| Operating profit (loss) | 9901 | €32,459 | €195,766 | +€163,308 | +503.1% |
| Financial income | 75/76B | €2 | €5 | +€3 | +150.8% |
| Recurring financial income | 75 | €2 | €5 | +€3 | +150.8% |
| Financial charges | 65/66B | €18,340 | €32,157 | +€13,817 | +75.3% |
| Recurring financial charges | 65 | €18,340 | €32,157 | +€13,817 | +75.3% |
| Profit (loss) for the period before taxes | 9903 | €14,120 | €163,614 | +€149,494 | +1058.7% |
| Income taxes | 67/77 | €4,350 | €49,381 | +€45,032 | +1035.2% |
| Profit (loss) for the period | 9904 | €9,771 | €114,233 | +€104,462 | +1069.1% |
| Profit (loss) for the period to be appropriated | 9905 | €9,771 | €114,233 | +€104,462 | +1069.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.