KYARA: 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.
KYARA
Largest movements
- Cash -€137,069
down €137,069 (-63.3%), from €216,627 to €79,558
mainly Receivables within one year (-€114,258) and Debts after one year (-€42,672)
- Receivables within one year +€114,258
up €114,258 (+861%), from €13,277 to €127,535
of which Other amounts receivable: +€114,138
- Tangible fixed assets -€31,199
down €31,199 (-4.9%), from €630,461 to €599,261
- Debts after one year -€42,672
down €42,672 (-11.1%), from €383,968 to €341,296
- Financial income -€63,868
down €63,868 (-94.6%), from €67,505 to €3,637
- Gross operating margin +€2,292
up €2,292 (+3.8%), from €59,689 to €61,982
- Taxes +€2,019
up €2,019, from -€0 to €2,019
- Financial charges -€780
down €780 (-9.8%), from €7,938 to €7,158
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 | €1,012,611 | €958,601 | -€54,009 | -5.3% |
| Fixed assets | 21/28 | €782,462 | €751,262 | -€31,199 | -4.0% |
| Tangible fixed assets | 22/27 | €630,461 | €599,261 | -€31,199 | -4.9% |
| Land and buildings | 22 | €630,461 | €599,261 | -€31,199 | -4.9% |
| Financial fixed assets | 28 | €152,001 | €152,001 | = | 0.0% |
| Current assets | 29/58 | €230,149 | €207,339 | -€22,810 | -9.9% |
| Amounts receivable within one year | 40/41 | €13,277 | €127,535 | +€114,258 | +861% |
| Trade receivables | 40 | €5,082 | €5,202 | +€120 | +2.4% |
| Other amounts receivable | 41 | €8,194 | €122,332 | +€114,138 | +1,393% |
| Cash at bank and in hand | 54/58 | €216,627 | €79,558 | -€137,069 | -63.3% |
| Deferred charges and accrued income | 490/1 | €246 | €247 | +€1 | +0.5% |
| Total equity and liabilities | 10/49 | €1,012,611 | €958,601 | -€54,009 | -5.3% |
| Equity | 10/15 | €553,735 | €553,029 | -€706 | -0.1% |
| Contributions | 10/11 | €137,000 | €137,000 | = | 0.0% |
| Reserves | 13 | €416,735 | €416,029 | -€706 | -0.2% |
| Non-distributable reserves | 130/1 | €13,700 | €13,700 | = | 0.0% |
| Reserves not available under the articles | 1311 | €13,700 | €13,700 | = | 0.0% |
| Distributable reserves | 133 | €403,035 | €402,329 | -€706 | -0.2% |
| Amounts payable | 17/49 | €458,875 | €405,572 | -€53,303 | -11.6% |
| Amounts payable after more than one year | 17 | €383,968 | €341,296 | -€42,672 | -11.1% |
| Financial debts | 170/4 | €383,968 | €341,296 | -€42,672 | -11.1% |
| Amounts payable within one year | 42/48 | €74,264 | €63,698 | -€10,567 | -14.2% |
| Current portion of amounts payable after more than one year | 42 | €42,672 | €42,672 | = | 0.0% |
| Trade debts | 44 | - | €26 | +€26 | |
| Suppliers | 440/4 | - | €26 | +€26 | |
| Taxes, remuneration and social security | 45 | €1,082 | - | -€1,082 | |
| Taxes | 450/3 | €1,082 | - | -€1,082 | |
| Other amounts payable | 47/48 | €30,511 | €21,000 | -€9,511 | -31.2% |
| Accrued charges and deferred income | 492/3 | €643 | €579 | -€64 | -10.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,199 | €31,199 | = | 0.0% |
| Other operating charges | 640/8 | €4,799 | €4,948 | +€150 | +3.1% |
| Gross operating margin | 9900 | €59,689 | €61,982 | +€2,292 | +3.8% |
| Operating profit (loss) | 9901 | €23,691 | €25,834 | +€2,143 | +9.0% |
| Financial income | 75/76B | €67,505 | €3,637 | -€63,868 | -94.6% |
| Recurring financial income | 75 | €67,505 | €3,637 | -€63,868 | -94.6% |
| Financial charges | 65/66B | €7,938 | €7,158 | -€780 | -9.8% |
| Recurring financial charges | 65 | €7,938 | €7,158 | -€780 | -9.8% |
| Profit (loss) for the period before taxes | 9903 | €83,258 | €22,313 | -€60,945 | -73.2% |
| Income taxes | 67/77 | -€0 | €2,019 | +€2,019 | |
| Profit (loss) for the period | 9904 | €83,258 | €20,294 | -€62,965 | -75.6% |
| Profit (loss) for the period to be appropriated | 9905 | €83,258 | €20,294 | -€62,965 | -75.6% |
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 26 October 2026 via checked.be.