KYRIALIS: 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.
KYRIALIS
Largest movements
- Cash -€82,985
down €82,985 (-46.2%), from €179,727 to €96,743
mainly Net result for the year (-€48,216) and Other debts (-€31,563)
- Current investments +€7,000
up €7,000 (+10.4%), from €67,351 to €74,351
- Receivables within one year -€3,250
down €3,250 (-12.4%), from €26,160 to €22,910
of which Other amounts receivable: -€5,108
- Profit (loss) carried forward -€46,356
new in 2025: -€46,356
- Other debts -€31,563
down €31,563 (-25.1%), from €125,944 to €94,382
- Gross operating margin -€100,668
down €100,668, from €59,986 to -€40,682
- Taxes -€14,458
down €14,458 (-96.7%), from €14,951 to €493
- Other operating charges -€2,622
down €2,622 (-74.5%), from €3,520 to €898
- Financial charges +€1,677
up €1,677 (+59.3%), from €2,828 to €4,504
- Financial income +€1,083
up €1,083 (+252.8%), from €428 to €1,511
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.
Cash bridge derived
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 | €282,474 | €202,070 | -€80,404 | -28.5% |
| Fixed assets | 21/28 | €7,254 | €6,745 | -€509 | -7.0% |
| Tangible fixed assets | 22/27 | €7,254 | €6,745 | -€509 | -7.0% |
| Plant, machinery and equipment | 23 | €4,264 | €2,686 | -€1,578 | -37.0% |
| Furniture and vehicles | 24 | €2,990 | €4,059 | +€1,069 | +35.7% |
| Current assets | 29/58 | €275,220 | €195,325 | -€79,895 | -29.0% |
| Amounts receivable within one year | 40/41 | €26,160 | €22,910 | -€3,250 | -12.4% |
| Trade receivables | 40 | €13,061 | €14,919 | +€1,858 | +14.2% |
| Other amounts receivable | 41 | €13,099 | €7,991 | -€5,108 | -39.0% |
| Current investments | 50/53 | €67,351 | €74,351 | +€7,000 | +10.4% |
| Cash at bank and in hand | 54/58 | €179,727 | €96,743 | -€82,985 | -46.2% |
| Deferred charges and accrued income | 490/1 | €1,981 | €1,321 | -€660 | -33.3% |
| Total equity and liabilities | 10/49 | €282,474 | €202,070 | -€80,404 | -28.5% |
| Equity | 10/15 | €142,562 | €94,346 | -€48,216 | -33.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €136,362 | €134,502 | -€1,860 | -1.4% |
| Distributable reserves | 133 | €136,362 | €134,502 | -€1,860 | -1.4% |
| Profit (loss) carried forward | 14 | - | -€46,356 | -€46,356 | |
| Amounts payable | 17/49 | €139,912 | €107,724 | -€32,188 | -23.0% |
| Amounts payable within one year | 42/48 | €139,912 | €107,724 | -€32,188 | -23.0% |
| Trade debts | 44 | €2,305 | €1,921 | -€383 | -16.6% |
| Suppliers | 440/4 | €2,305 | €1,921 | -€383 | -16.6% |
| Taxes, remuneration and social security | 45 | €11,663 | €11,421 | -€242 | -2.1% |
| Taxes | 450/3 | €11,663 | €11,421 | -€242 | -2.1% |
| Other amounts payable | 47/48 | €125,944 | €94,382 | -€31,563 | -25.1% |
| Non-recurring operating income | 76A | - | €200 | +€200 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,969 | €3,151 | +€181 | +6.1% |
| Other operating charges | 640/8 | €3,520 | €898 | -€2,622 | -74.5% |
| Gross operating margin | 9900 | €59,986 | -€40,682 | -€100,668 | |
| Operating profit (loss) | 9901 | €53,497 | -€44,731 | -€98,228 | |
| Financial income | 75/76B | €428 | €1,511 | +€1,083 | +252.8% |
| Recurring financial income | 75 | €428 | €1,511 | +€1,083 | +252.8% |
| Financial charges | 65/66B | €2,828 | €4,504 | +€1,677 | +59.3% |
| Recurring financial charges | 65 | €2,828 | €4,504 | +€1,677 | +59.3% |
| Profit (loss) for the period before taxes | 9903 | €51,098 | -€47,724 | -€98,821 | |
| Income taxes | 67/77 | €14,951 | €493 | -€14,458 | -96.7% |
| Profit (loss) for the period | 9904 | €36,147 | -€48,216 | -€84,363 | |
| Profit (loss) for the period to be appropriated | 9905 | €36,147 | -€48,216 | -€84,363 |
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 12 October 2026 via checked.be.