KYRJAN: 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.
KYRJAN
Largest movements
- Tangible fixed assets +€50,078
up €50,078 (+36.0%), from €139,006 to €189,083
of which Furniture and vehicles: +€54,425
- Reserves +€26,952
up €26,952 (+35.3%), from €76,296 to €103,247
of which Distributable reserves: +€26,952
- Debts after one year +€9,418
up €9,418 (+12.0%), from €78,655 to €88,073
- Current portion of long-term debt +€7,908
up €7,908 (+49.8%), from €15,876 to €23,784
- Tax, wage and social debts +€6,810
up €6,810 (+1,362%), from €500 to €7,310
- Gross operating margin +€31,983
up €31,983 (+56.2%), from €56,903 to €88,886
- Taxes +€8,806
up €8,806 (+176%), from €5,009 to €13,815
- Depreciation +€3,240
up €3,240 (+35.9%), from €9,023 to €12,263
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 | €189,926 | €241,164 | +€51,238 | +27.0% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €139,056 | €189,133 | +€50,078 | +36.0% |
| Intangible fixed assets | 21 | - | €0 | = | |
| Tangible fixed assets | 22/27 | €139,006 | €189,083 | +€50,078 | +36.0% |
| Land and buildings | 22 | €116,165 | €112,367 | -€3,798 | -3.3% |
| Plant, machinery and equipment | 23 | €1,616 | €3,088 | +€1,472 | +91.1% |
| Furniture and vehicles | 24 | €5,335 | €59,761 | +€54,425 | +1,020% |
| Other tangible fixed assets | 26 | €15,889 | €13,868 | -€2,021 | -12.7% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €50,871 | €52,031 | +€1,160 | +2.3% |
| Amounts receivable within one year | 40/41 | €29,210 | €29,295 | +€85 | +0.3% |
| Trade receivables | 40 | €16,725 | €12,860 | -€3,865 | -23.1% |
| Other amounts receivable | 41 | €12,485 | €16,435 | +€3,950 | +31.6% |
| Cash at bank and in hand | 54/58 | €19,608 | €19,818 | +€211 | +1.1% |
| Deferred charges and accrued income | 490/1 | €2,053 | €2,917 | +€864 | +42.1% |
| Total equity and liabilities | 10/49 | €189,926 | €241,164 | +€51,238 | +27.0% |
| Equity | 10/15 | €94,896 | €121,847 | +€26,952 | +28.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €76,296 | €103,247 | +€26,952 | +35.3% |
| Tax-exempt reserves | 132 | €5,874 | €5,874 | = | 0.0% |
| Distributable reserves | 133 | €70,422 | €97,374 | +€26,952 | +38.3% |
| Amounts payable | 17/49 | €95,031 | €119,317 | +€24,286 | +25.6% |
| Amounts payable after more than one year | 17 | €78,655 | €88,073 | +€9,418 | +12.0% |
| Financial debts | 170/4 | €78,655 | €88,073 | +€9,418 | +12.0% |
| Amounts payable within one year | 42/48 | €16,376 | €31,245 | +€14,868 | +90.8% |
| Current portion of amounts payable after more than one year | 42 | €15,876 | €23,784 | +€7,908 | +49.8% |
| Trade debts | 44 | - | €150 | +€150 | |
| Suppliers | 440/4 | - | €150 | +€150 | |
| Taxes, remuneration and social security | 45 | €500 | €7,310 | +€6,810 | +1,362% |
| Taxes | 450/3 | €500 | €7,310 | +€6,810 | +1,362% |
| Non-recurring operating income | 76A | €1,500 | - | -€1,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,023 | €12,263 | +€3,240 | +35.9% |
| Other operating charges | 640/8 | €2,462 | €2,476 | +€14 | +0.6% |
| Gross operating margin | 9900 | €56,903 | €88,886 | +€31,983 | +56.2% |
| Operating profit (loss) | 9901 | €45,418 | €74,147 | +€28,729 | +63.3% |
| Financial income | 75/76B | €1 | €20 | +€19 | +1,671% |
| Recurring financial income | 75 | €1 | €20 | +€19 | +1,671% |
| Financial charges | 65/66B | €5,035 | €4,926 | -€109 | -2.2% |
| Recurring financial charges | 65 | €5,035 | €4,926 | -€109 | -2.2% |
| Profit (loss) for the period before taxes | 9903 | €40,385 | €69,242 | +€28,857 | +71.5% |
| Income taxes | 67/77 | €5,009 | €13,815 | +€8,806 | +176% |
| Profit (loss) for the period | 9904 | €35,376 | €55,426 | +€20,050 | +56.7% |
| Profit (loss) for the period to be appropriated | 9905 | €35,376 | €55,426 | +€20,050 | +56.7% |
Source: filed annual accounts (NBB), financial years ended 31 October 2024 and 31 October 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.