Kyoor: 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.
Kyoor
Largest movements
- Tangible fixed assets -€32,202
down €32,202 (-25.4%), from €126,946 to €94,744
of which Leasing and similar rights: -€22,705
- Cash -€26,376
down €26,376 (-12.1%), from €217,721 to €191,345
mainly Contributions, distributions and other (-€234,300) and Tax, wage and social debts (-€39,356)
- Deferred charges and accrued income -€18,843
down €18,843 (-34.2%), from €55,037 to €36,194
- Intangible fixed assets -€15,000
down €15,000 (-50.0%), from €30,000 to €15,000
- Receivables within one year +€6,271
up €6,271 (+44.0%), from €14,262 to €20,532
of which Other amounts receivable: +€7,867
- Profit (loss) carried forward -€172,261
down €172,261 (-73.5%), from €234,317 to €62,057
- Other debts +€169,820
up €169,820 (+256%), from €66,391 to €236,211
- Tax, wage and social debts -€39,356
down €39,356 (-99.9%), from €39,409 to €53
- Debts after one year -€22,719
down €22,719 (-46.6%), from €48,772 to €26,053
- Current portion of long-term debt -€21,897
down €21,897 (-49.1%), from €44,616 to €22,719
- Gross operating margin -€172,449
down €172,449 (-55.1%), from €313,034 to €140,585
- Taxes -€39,488
down €39,488 (-63.1%), from €62,579 to €23,091
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 | €453,966 | €367,816 | -€86,150 | -19.0% |
| Fixed assets | 21/28 | €156,946 | €109,744 | -€47,202 | -30.1% |
| Intangible fixed assets | 21 | €30,000 | €15,000 | -€15,000 | -50.0% |
| Tangible fixed assets | 22/27 | €126,946 | €94,744 | -€32,202 | -25.4% |
| Plant, machinery and equipment | 23 | €7,497 | €7,476 | -€21 | -0.3% |
| Furniture and vehicles | 24 | €49,204 | €39,899 | -€9,305 | -18.9% |
| Leasing and similar rights | 25 | €69,732 | €47,027 | -€22,705 | -32.6% |
| Other tangible fixed assets | 26 | €513 | €342 | -€171 | -33.3% |
| Current assets | 29/58 | €297,020 | €258,072 | -€38,948 | -13.1% |
| Amounts receivable within one year | 40/41 | €14,262 | €20,532 | +€6,271 | +44.0% |
| Trade receivables | 40 | €3,426 | €1,830 | -€1,596 | -46.6% |
| Other amounts receivable | 41 | €10,836 | €18,702 | +€7,867 | +72.6% |
| Current investments | 50/53 | €10,000 | €10,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €217,721 | €191,345 | -€26,376 | -12.1% |
| Deferred charges and accrued income | 490/1 | €55,037 | €36,194 | -€18,843 | -34.2% |
| Total equity and liabilities | 10/49 | €453,966 | €367,816 | -€86,150 | -19.0% |
| Equity | 10/15 | €254,777 | €82,517 | -€172,261 | -67.6% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Profit (loss) carried forward | 14 | €234,317 | €62,057 | -€172,261 | -73.5% |
| Amounts payable | 17/49 | €199,189 | €285,299 | +€86,111 | +43.2% |
| Amounts payable after more than one year | 17 | €48,772 | €26,053 | -€22,719 | -46.6% |
| Financial debts | 170/4 | €48,772 | €26,053 | -€22,719 | -46.6% |
| Amounts payable within one year | 42/48 | €150,416 | €259,247 | +€108,830 | +72.4% |
| Current portion of amounts payable after more than one year | 42 | €44,616 | €22,719 | -€21,897 | -49.1% |
| Trade debts | 44 | - | €263 | +€263 | |
| Suppliers | 440/4 | - | €263 | +€263 | |
| Taxes, remuneration and social security | 45 | €39,409 | €53 | -€39,356 | -99.9% |
| Taxes | 450/3 | €39,409 | €53 | -€39,356 | -99.9% |
| Other amounts payable | 47/48 | €66,391 | €236,211 | +€169,820 | +256% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €52,611 | €54,658 | +€2,047 | +3.9% |
| Other operating charges | 640/8 | €1,043 | €968 | -€75 | -7.2% |
| Gross operating margin | 9900 | €313,034 | €140,585 | -€172,449 | -55.1% |
| Operating profit (loss) | 9901 | €259,380 | €84,959 | -€174,421 | -67.2% |
| Financial income | 75/76B | €456 | €1,258 | +€802 | +176% |
| Recurring financial income | 75 | €456 | €1,258 | +€802 | +176% |
| Financial charges | 65/66B | €1,598 | €1,087 | -€512 | -32.0% |
| Recurring financial charges | 65 | €1,598 | €1,087 | -€512 | -32.0% |
| Profit (loss) for the period before taxes | 9903 | €258,238 | €85,130 | -€173,108 | -67.0% |
| Income taxes | 67/77 | €62,579 | €23,091 | -€39,488 | -63.1% |
| Profit (loss) for the period | 9904 | €195,659 | €62,039 | -€133,620 | -68.3% |
| Profit (loss) for the period to be appropriated | 9905 | €195,659 | €62,039 | -€133,620 | -68.3% |
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 18 October 2026 via checked.be.