KYRALEX: 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.
KYRALEX
Largest movements
- Cash +€46,058
up €46,058 (+266%), from €17,294 to €63,353
mainly Net result for the year (+€30,960) and Other debts (+€16,942)
- Receivables within one year -€3,723
down €3,723 (-14.8%), from €25,127 to €21,404
of which Trade receivables: -€4,776
- Tangible fixed assets +€3,192
up €3,192 (+143%), from €2,227 to €5,419
of which Furniture and vehicles: +€3,427
- Other debts +€16,942
up €16,942 (+4,803%), from €353 to €17,295
- Profit (loss) carried forward +€10,960
up €10,960, from -€10,883 to €77
- Tax, wage and social debts +€9,804
up €9,804 (+109%), from €8,977 to €18,781
- Trade debts +€7,821
up €7,821 (+55.1%), from €14,201 to €22,022
- Gross operating margin +€21,941
up €21,941 (+78.3%), from €28,013 to €49,954
- Taxes +€2,974
up €2,974 (+35.6%), from €8,351 to €11,325
- Financial charges +€2,442
up €2,442 (+56.5%), from €4,319 to €6,761
- Financial income +€1,309
up €1,309 (+1,448%), from €90 to €1,399
- Depreciation +€972
up €972 (+784%), from €124 to €1,096
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 | €44,648 | €90,175 | +€45,527 | +102% |
| Fixed assets | 21/28 | €2,227 | €5,419 | +€3,192 | +143% |
| Tangible fixed assets | 22/27 | €2,227 | €5,419 | +€3,192 | +143% |
| Plant, machinery and equipment | 23 | €2,227 | €1,992 | -€235 | -10.6% |
| Furniture and vehicles | 24 | - | €3,427 | +€3,427 | |
| Current assets | 29/58 | €42,421 | €84,756 | +€42,335 | +99.8% |
| Amounts receivable within one year | 40/41 | €25,127 | €21,404 | -€3,723 | -14.8% |
| Trade receivables | 40 | €24,679 | €19,904 | -€4,776 | -19.4% |
| Other amounts receivable | 41 | €448 | €1,500 | +€1,052 | +235% |
| Cash at bank and in hand | 54/58 | €17,294 | €63,353 | +€46,058 | +266% |
| Total equity and liabilities | 10/49 | €44,648 | €90,175 | +€45,527 | +102% |
| Equity | 10/15 | €21,117 | €32,077 | +€10,960 | +51.9% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,883 | €77 | +€10,960 | |
| Amounts payable | 17/49 | €23,531 | €58,098 | +€34,567 | +147% |
| Amounts payable within one year | 42/48 | €23,531 | €58,098 | +€34,567 | +147% |
| Trade debts | 44 | €14,201 | €22,022 | +€7,821 | +55.1% |
| Suppliers | 440/4 | €14,201 | €22,022 | +€7,821 | +55.1% |
| Taxes, remuneration and social security | 45 | €8,977 | €18,781 | +€9,804 | +109% |
| Taxes | 450/3 | €8,977 | €18,781 | +€9,804 | +109% |
| Other amounts payable | 47/48 | €353 | €17,295 | +€16,942 | +4,803% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €124 | €1,096 | +€972 | +784% |
| Other operating charges | 640/8 | €911 | €1,212 | +€300 | +32.9% |
| Gross operating margin | 9900 | €28,013 | €49,954 | +€21,941 | +78.3% |
| Operating profit (loss) | 9901 | €26,978 | €47,647 | +€20,669 | +76.6% |
| Financial income | 75/76B | €90 | €1,399 | +€1,309 | +1,448% |
| Recurring financial income | 75 | €90 | €1,399 | +€1,309 | +1,448% |
| Financial charges | 65/66B | €4,319 | €6,761 | +€2,442 | +56.5% |
| Recurring financial charges | 65 | €4,319 | €6,761 | +€2,442 | +56.5% |
| Profit (loss) for the period before taxes | 9903 | €22,749 | €42,285 | +€19,536 | +85.9% |
| Income taxes | 67/77 | €8,351 | €11,325 | +€2,974 | +35.6% |
| Profit (loss) for the period | 9904 | €14,398 | €30,960 | +€16,562 | +115% |
| Profit (loss) for the period to be appropriated | 9905 | €14,398 | €30,960 | +€16,562 | +115% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.