KYSTALY: 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.
KYSTALY
Largest movements
- Current assets +€12,120
up €12,120 (+13.8%), from €87,634 to €99,755
of which Stocks and contracts: +€14,347
- Intangible fixed assets -€5,000
down €5,000 (-20.0%), from €25,000 to €20,000
- Tangible fixed assets +€1,321
up €1,321 (+34.3%), from €3,848 to €5,169
- Debts within one year -€26,083
down €26,083 (-17.2%), from €151,276 to €125,192
- Debts after one year +€22,735
new in 2021: €22,735
- Profit (loss) carried forward +€11,640
up €11,640 (+21.9%), from -€53,083 to -€41,443
- Gross operating margin +€61,057
up €61,057, from -€11,782 to €49,275
- Staff costs +€21,810
new in 2021: €21,810
- Financial charges +€7,557
new in 2021: €7,557
From the 2020 result to the 2021 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2020 | 2021 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €116,849 | €125,140 | +€8,291 | +7.1% |
| Formation expenses | 20 | €150 | - | -€150 | |
| Fixed assets | 21/28 | €29,064 | €25,385 | -€3,679 | -12.7% |
| Intangible fixed assets | 21 | €25,000 | €20,000 | -€5,000 | -20.0% |
| Tangible fixed assets | 22/27 | €3,848 | €5,169 | +€1,321 | +34.3% |
| Plant, machinery and equipment | 23 | - | €5,169 | +€5,169 | |
| Financial fixed assets | 28 | €216 | €216 | = | 0.0% |
| Current assets | 29/58 | €87,634 | €99,755 | +€12,120 | +13.8% |
| Stocks and contracts in progress | 3 | €51,409 | €65,756 | +€14,347 | +27.9% |
| Stocks | 30/36 | - | €65,756 | +€65,756 | |
| Amounts receivable within one year | 40/41 | €16,188 | €16,085 | -€103 | -0.6% |
| Trade receivables | 40 | - | €16,085 | +€16,085 | |
| Cash at bank and in hand | 54/58 | €19,672 | €17,529 | -€2,143 | -10.9% |
| Deferred charges and accrued income | 490/1 | - | €385 | +€385 | |
| Total equity and liabilities | 10/49 | €116,849 | €125,140 | +€8,291 | +7.1% |
| Equity | 10/15 | -€34,427 | -€22,788 | +€11,640 | +33.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | - | €18,600 | +€18,600 | |
| Issued capital | 100 | - | €18,600 | +€18,600 | |
| Reserves | 13 | €55 | €55 | = | 0.0% |
| Non-distributable reserves | 130/1 | - | €55 | +€55 | |
| Legal reserve | 130 | - | €55 | +€55 | |
| Profit (loss) carried forward | 14 | -€53,083 | -€41,443 | +€11,640 | +21.9% |
| Amounts payable | 17/49 | €151,276 | €147,928 | -€3,348 | -2.2% |
| Amounts payable after more than one year | 17 | - | €22,735 | +€22,735 | |
| Financial debts | 170/4 | - | €22,735 | +€22,735 | |
| Amounts payable within one year | 42/48 | €151,276 | €125,192 | -€26,083 | -17.2% |
| Financial debts | 43 | - | €31,713 | +€31,713 | |
| Credit institutions | 430/8 | - | €17,185 | +€17,185 | |
| Other loans | 439 | - | €14,528 | +€14,528 | |
| Trade debts | 44 | €36,285 | €36,697 | +€411 | +1.1% |
| Suppliers | 440/4 | - | €36,697 | +€36,697 | |
| Taxes, remuneration and social security | 45 | - | €48,809 | +€48,809 | |
| Taxes | 450/3 | - | €46,035 | +€46,035 | |
| Remuneration and social security | 454/9 | - | €2,774 | +€2,774 | |
| Other amounts payable | 47/48 | - | €7,974 | +€7,974 | |
| Remuneration, social security and pensions | 62 | - | €21,810 | +€21,810 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,346 | €6,153 | -€193 | -3.0% |
| Other operating charges | 640/8 | - | €447 | +€447 | |
| Non-recurring operating charges | 66A | - | €1,668 | +€1,668 | |
| Gross operating margin | 9900 | -€11,782 | €49,275 | +€61,057 | |
| Operating profit (loss) | 9901 | -€29,367 | €19,197 | +€48,563 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | €2 | €0 | -€1 | -75.9% |
| Financial charges | 65/66B | - | €7,557 | +€7,557 | |
| Recurring financial charges | 65 | €5,622 | €7,557 | +€1,935 | +34.4% |
| Profit (loss) for the period before taxes | 9903 | -€34,987 | €11,640 | +€46,627 | |
| Profit (loss) for the period | 9904 | -€34,987 | €11,640 | +€46,627 | |
| Profit (loss) for the period to be appropriated | 9905 | -€34,987 | €11,640 | +€46,627 |
Source: filed annual accounts (NBB), financial years ended 31 December 2020 and 31 December 2021. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.