KYOYU-SHA: 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.
KYOYU-SHA
Largest movements
- Cash -€47,307
down €47,307 (-44.6%), from €106,096 to €58,789
mainly Net result for the year (-€94,600) and Tax, wage and social debts (-€14,463)
- Receivables within one year -€45,427
down €45,427 (-75.8%), from €59,891 to €14,464
of which Trade receivables: -€40,549
- Tangible fixed assets -€17,075
down €17,075 (-31.3%), from €54,606 to €37,531
- Profit (loss) carried forward -€94,600
down €94,600, from €35,356 to -€59,244
- Tax, wage and social debts -€14,463
down €14,463 (-100%), from €14,463 to €0
- Gross operating margin -€161,234
down €161,234, from €87,754 to -€73,481
- Taxes -€17,144
down €17,144 (-98.4%), from €17,415 to €272
- Write-downs -€4,995
down €4,995 (-100%), from €4,995 to €0
- Other operating charges +€2,298
up €2,298 (+112%), from €2,048 to €4,346
- Depreciation -€1,961
down €1,961 (-10.3%), from €19,036 to €17,075
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 | €301,453 | €190,789 | -€110,663 | -36.7% |
| Fixed assets | 21/28 | €134,606 | €117,531 | -€17,075 | -12.7% |
| Tangible fixed assets | 22/27 | €54,606 | €37,531 | -€17,075 | -31.3% |
| Furniture and vehicles | 24 | €54,606 | €37,531 | -€17,075 | -31.3% |
| Financial fixed assets | 28 | €80,000 | €80,000 | = | 0.0% |
| Current assets | 29/58 | €166,846 | €73,258 | -€93,588 | -56.1% |
| Amounts receivable within one year | 40/41 | €59,891 | €14,464 | -€45,427 | -75.8% |
| Trade receivables | 40 | €42,028 | €1,479 | -€40,549 | -96.5% |
| Other amounts receivable | 41 | €17,862 | €12,985 | -€4,878 | -27.3% |
| Cash at bank and in hand | 54/58 | €106,096 | €58,789 | -€47,307 | -44.6% |
| Deferred charges and accrued income | 490/1 | €860 | €6 | -€854 | -99.3% |
| Total equity and liabilities | 10/49 | €301,453 | €190,789 | -€110,663 | -36.7% |
| Equity | 10/15 | €209,316 | €114,716 | -€94,600 | -45.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €155,360 | €155,360 | = | 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% |
| Distributable reserves | 133 | €153,500 | €153,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €35,356 | -€59,244 | -€94,600 | |
| Amounts payable | 17/49 | €92,136 | €76,073 | -€16,063 | -17.4% |
| Amounts payable within one year | 42/48 | €92,136 | €76,065 | -€16,072 | -17.4% |
| Trade debts | 44 | €6,618 | €5,407 | -€1,211 | -18.3% |
| Suppliers | 440/4 | €6,618 | €5,407 | -€1,211 | -18.3% |
| Taxes, remuneration and social security | 45 | €14,463 | €0 | -€14,463 | -100% |
| Taxes | 450/3 | €14,463 | €0 | -€14,463 | -100% |
| Other amounts payable | 47/48 | €71,055 | €70,657 | -€398 | -0.6% |
| Accrued charges and deferred income | 492/3 | - | €9 | +€9 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,036 | €17,075 | -€1,961 | -10.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €4,995 | €0 | -€4,995 | -100% |
| Other operating charges | 640/8 | €2,048 | €4,346 | +€2,298 | +112% |
| Gross operating margin | 9900 | €87,754 | -€73,481 | -€161,234 | |
| Operating profit (loss) | 9901 | €61,674 | -€94,902 | -€156,577 | |
| Financial income | 75/76B | €498 | €979 | +€481 | +96.7% |
| Recurring financial income | 75 | €498 | €979 | +€481 | +96.7% |
| Financial charges | 65/66B | €594 | €405 | -€189 | -31.8% |
| Recurring financial charges | 65 | €594 | €405 | -€189 | -31.8% |
| Profit (loss) for the period before taxes | 9903 | €61,578 | -€94,328 | -€155,906 | |
| Income taxes | 67/77 | €17,415 | €272 | -€17,144 | -98.4% |
| Profit (loss) for the period | 9904 | €44,163 | -€94,600 | -€138,763 | |
| Profit (loss) for the period to be appropriated | 9905 | €44,163 | -€94,600 | -€138,763 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.