KYLUNA: 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.
KYLUNA
Largest movements
- Tangible fixed assets +€311,481
up €311,481 (+28.1%), from €1.1m to €1.4m
of which Land and buildings: +€338,653
- Receivables within one year +€213,164
up €213,164 (+93.3%), from €228,516 to €441,680
of which Other amounts receivable: +€138,799
- Receivables after one year -€47,500
down €47,500 (-18.6%), from €255,000 to €207,500
- Intangible fixed assets -€31,745
down €31,745 (-22.7%), from €140,000 to €108,255
- Debts after one year +€296,127
up €296,127 (+48.4%), from €612,150 to €908,277
- Other debts +€115,015
new in 2025: €115,015
- Reserves +€60,416
up €60,416 (+8.3%), from €730,264 to €790,680
- Tax, wage and social debts -€37,506
down €37,506 (-27.2%), from €137,699 to €100,194
of which Taxes: -€35,039
- Short-term financial debts +€25,671
up €25,671 (+130%), from €19,780 to €45,451
- Gross operating margin +€15,487
up €15,487 (+2.2%), from €700,578 to €716,065
- Other operating charges -€14,395
down €14,395 (-48.6%), from €29,647 to €15,252
- Depreciation +€13,076
up €13,076 (+8.6%), from €151,320 to €164,397
- Staff costs +€9,454
up €9,454 (+3.9%), from €243,151 to €252,604
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 | €1,735,464 | €2,187,125 | +€451,661 | +26.0% |
| Fixed assets | 21/28 | €1,248,730 | €1,528,465 | +€279,735 | +22.4% |
| Intangible fixed assets | 21 | €140,000 | €108,255 | -€31,745 | -22.7% |
| Tangible fixed assets | 22/27 | €1,108,730 | €1,420,211 | +€311,481 | +28.1% |
| Land and buildings | 22 | €757,349 | €1,096,002 | +€338,653 | +44.7% |
| Plant, machinery and equipment | 23 | €287,834 | €274,105 | -€13,728 | -4.8% |
| Furniture and vehicles | 24 | €63,547 | €50,103 | -€13,444 | -21.2% |
| Current assets | 29/58 | €486,734 | €658,660 | +€171,926 | +35.3% |
| Amounts receivable after more than one year | 29 | €255,000 | €207,500 | -€47,500 | -18.6% |
| Other amounts receivable | 291 | €255,000 | €207,500 | -€47,500 | -18.6% |
| Amounts receivable within one year | 40/41 | €228,516 | €441,680 | +€213,164 | +93.3% |
| Trade receivables | 40 | €192,727 | €267,092 | +€74,365 | +38.6% |
| Other amounts receivable | 41 | €35,789 | €174,588 | +€138,799 | +388% |
| Cash at bank and in hand | 54/58 | €3,218 | €7,511 | +€4,293 | +133% |
| Deferred charges and accrued income | 490/1 | - | €1,968 | +€1,968 | |
| Total equity and liabilities | 10/49 | €1,735,464 | €2,187,125 | +€451,661 | +26.0% |
| Equity | 10/15 | €786,364 | €846,780 | +€60,416 | +7.7% |
| Contributions | 10/11 | €56,100 | €56,100 | = | 0.0% |
| Reserves | 13 | €730,264 | €790,680 | +€60,416 | +8.3% |
| Distributable reserves | 133 | €730,264 | €790,680 | +€60,416 | +8.3% |
| Amounts payable | 17/49 | €949,100 | €1,340,345 | +€391,245 | +41.2% |
| Amounts payable after more than one year | 17 | €612,150 | €908,277 | +€296,127 | +48.4% |
| Financial debts | 170/4 | €612,150 | €908,277 | +€296,127 | +48.4% |
| Amounts payable within one year | 42/48 | €334,986 | €429,545 | +€94,559 | +28.2% |
| Current portion of amounts payable after more than one year | 42 | €108,270 | €122,041 | +€13,771 | +12.7% |
| Financial debts | 43 | €19,780 | €45,451 | +€25,671 | +130% |
| Credit institutions | 430/8 | €19,780 | €45,451 | +€25,671 | +130% |
| Trade debts | 44 | €61,488 | €36,845 | -€24,643 | -40.1% |
| Suppliers | 440/4 | €61,488 | €36,845 | -€24,643 | -40.1% |
| Advances received on contracts in progress | 46 | €7,750 | €10,000 | +€2,250 | +29.0% |
| Taxes, remuneration and social security | 45 | €137,699 | €100,194 | -€37,506 | -27.2% |
| Taxes | 450/3 | €104,075 | €69,037 | -€35,039 | -33.7% |
| Remuneration and social security | 454/9 | €33,624 | €31,157 | -€2,467 | -7.3% |
| Other amounts payable | 47/48 | - | €115,015 | +€115,015 | |
| Accrued charges and deferred income | 492/3 | €1,963 | €2,523 | +€559 | +28.5% |
| Non-recurring operating income | 76A | €9,407 | - | -€9,407 | |
| Remuneration, social security and pensions | 62 | €243,151 | €252,604 | +€9,454 | +3.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €151,320 | €164,397 | +€13,076 | +8.6% |
| Other operating charges | 640/8 | €29,647 | €15,252 | -€14,395 | -48.6% |
| Gross operating margin | 9900 | €700,578 | €716,065 | +€15,487 | +2.2% |
| Operating profit (loss) | 9901 | €276,459 | €283,812 | +€7,353 | +2.7% |
| Financial income | 75/76B | €8,295 | €9,808 | +€1,513 | +18.2% |
| Recurring financial income | 75 | €8,295 | €9,808 | +€1,513 | +18.2% |
| Financial charges | 65/66B | €36,845 | €39,504 | +€2,659 | +7.2% |
| Recurring financial charges | 65 | €36,845 | €39,504 | +€2,659 | +7.2% |
| Profit (loss) for the period before taxes | 9903 | €247,910 | €254,116 | +€6,207 | +2.5% |
| Income taxes | 67/77 | €82,486 | €78,685 | -€3,801 | -4.6% |
| Profit (loss) for the period | 9904 | €165,423 | €175,431 | +€10,008 | +6.0% |
| Profit (loss) for the period to be appropriated | 9905 | €165,423 | €175,431 | +€10,008 | +6.0% |
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 29 October 2026 via checked.be.