KYIV BRUSSELS NETWORK: 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.
KYIV BRUSSELS NETWORK
Largest movements
- Cash -€12,001
down €12,001 (-94.6%), from €12,693 to €692
mainly Net result for the year (-€9,285) and Tax, wage and social debts (-€7,164)
- Receivables within one year -€1,583
down €1,583 (-6.7%), from €23,575 to €21,991
of which Trade receivables: -€5,598
- Profit (loss) carried forward -€9,285
down €9,285 (-42.3%), from €21,930 to €12,646
- Tax, wage and social debts -€7,164
down €7,164 (-89.6%), from €8,000 to €836
- Trade debts +€2,865
up €2,865 (+84.8%), from €3,377 to €6,242
- Gross operating margin +€9,312
up €9,312 (+56.3%), from -€16,548 to -€7,236
- Taxes +€496
up €496 (+50.6%), from €981 to €1,477
- Financial charges +€290
up €290 (+103%), from €282 to €572
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 | €41,367 | €27,783 | -€13,584 | -32.8% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €5,100 | €5,100 | = | 0.0% |
| Tangible fixed assets | 22/27 | €0 | €0 | = | |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Financial fixed assets | 28 | €5,100 | €5,100 | = | 0.0% |
| Current assets | 29/58 | €36,267 | €22,683 | -€13,584 | -37.5% |
| Amounts receivable within one year | 40/41 | €23,575 | €21,991 | -€1,583 | -6.7% |
| Trade receivables | 40 | €5,598 | - | -€5,598 | |
| Other amounts receivable | 41 | €17,977 | €21,991 | +€4,014 | +22.3% |
| Cash at bank and in hand | 54/58 | €12,693 | €692 | -€12,001 | -94.6% |
| Total equity and liabilities | 10/49 | €41,367 | €27,783 | -€13,584 | -32.8% |
| Equity | 10/15 | €29,990 | €20,706 | -€9,285 | -31.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,930 | €12,646 | -€9,285 | -42.3% |
| Amounts payable | 17/49 | €11,377 | €7,077 | -€4,300 | -37.8% |
| Amounts payable within one year | 42/48 | €11,377 | €7,077 | -€4,300 | -37.8% |
| Trade debts | 44 | €3,377 | €6,242 | +€2,865 | +84.8% |
| Suppliers | 440/4 | €3,377 | €6,242 | +€2,865 | +84.8% |
| Taxes, remuneration and social security | 45 | €8,000 | €836 | -€7,164 | -89.6% |
| Taxes | 450/3 | €8,000 | €836 | -€7,164 | -89.6% |
| Other operating charges | 640/8 | €101 | - | -€101 | |
| Gross operating margin | 9900 | -€16,548 | -€7,236 | +€9,312 | +56.3% |
| Operating profit (loss) | 9901 | -€16,649 | -€7,236 | +€9,413 | +56.5% |
| Financial income | 75/76B | €11 | - | -€11 | |
| Recurring financial income | 75 | €11 | - | -€11 | |
| Financial charges | 65/66B | €282 | €572 | +€290 | +103% |
| Recurring financial charges | 65 | €282 | €572 | +€290 | +103% |
| Profit (loss) for the period before taxes | 9903 | -€16,920 | -€7,808 | +€9,112 | +53.9% |
| Income taxes | 67/77 | €981 | €1,477 | +€496 | +50.6% |
| Profit (loss) for the period | 9904 | -€17,901 | -€9,285 | +€8,616 | +48.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,901 | -€9,285 | +€8,616 | +48.1% |
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 22 October 2026 via checked.be.