A-Kinetics: what changed
Two fiscal 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.
A-Kinetics
Largest movements
- Cash +€29,354
up €29,354 (+16.1%), from €182,234 to €211,588
mainly Net result for the year (+€28,594) and Depreciation (+€19,188)
- Tangible fixed assets -€15,834
down €15,834 (-8.2%), from €192,060 to €176,227
of which Furniture and vehicles: -€9,787
- Reserves +€26,928
up €26,928 (+12.4%), from €217,861 to €244,789
of which Distributable reserves: +€28,528
- Debts after one year -€11,168
down €11,168 (-12.1%), from €92,436 to €81,268
- Gross operating margin -€7,027
down €7,027 (-9.7%), from €72,132 to €65,105
- Purchases and services +€3,686
up €3,686 (+5.2%), from €70,863 to €74,548
- Turnover -€3,331
down €3,331 (-2.3%), from €142,758 to €139,427
- Taxes -€1,952
down €1,952 (-13.8%), from €14,111 to €12,158
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €396,724 | €408,178 | +€11,453 | +2.9% |
| Fixed assets | 21/28 | €192,060 | €176,227 | -€15,834 | -8.2% |
| Tangible fixed assets | 22/27 | €192,060 | €176,227 | -€15,834 | -8.2% |
| Land and buildings | 22 | €151,672 | €145,761 | -€5,911 | -3.9% |
| Plant, machinery and equipment | 23 | €1,096 | €960 | -€135 | -12.4% |
| Furniture and vehicles | 24 | €39,292 | €29,505 | -€9,787 | -24.9% |
| Current assets | 29/58 | €204,664 | €231,951 | +€27,287 | +13.3% |
| Stocks and contracts in progress | 3 | €2,726 | €1,948 | -€777 | -28.5% |
| Stocks | 30/36 | €2,726 | €1,948 | -€777 | -28.5% |
| Amounts receivable within one year | 40/41 | €16,216 | €13,824 | -€2,391 | -14.7% |
| Trade receivables | 40 | €16,216 | €13,824 | -€2,391 | -14.7% |
| Cash at bank and in hand | 54/58 | €182,234 | €211,588 | +€29,354 | +16.1% |
| Deferred charges and accrued income | 490/1 | €3,489 | €4,591 | +€1,102 | +31.6% |
| Total equity and liabilities | 10/49 | €396,724 | €408,178 | +€11,453 | +2.9% |
| Equity | 10/15 | €230,261 | €257,189 | +€26,928 | +11.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €217,861 | €244,789 | +€26,928 | +12.4% |
| Tax-exempt reserves | 132 | €4,936 | €3,336 | -€1,600 | -32.4% |
| Distributable reserves | 133 | €212,925 | €241,453 | +€28,528 | +13.4% |
| Provisions and deferred taxes | 16 | €1,234 | €834 | -€400 | -32.4% |
| Deferred taxes | 168 | €1,234 | €834 | -€400 | -32.4% |
| Amounts payable | 17/49 | €165,229 | €150,155 | -€15,075 | -9.1% |
| Amounts payable after more than one year | 17 | €92,436 | €81,268 | -€11,168 | -12.1% |
| Financial debts | 170/4 | €92,436 | €81,268 | -€11,168 | -12.1% |
| Amounts payable within one year | 42/48 | €72,793 | €68,887 | -€3,906 | -5.4% |
| Current portion of amounts payable after more than one year | 42 | €11,603 | €11,825 | +€222 | +1.9% |
| Trade debts | 44 | €346 | €317 | -€29 | -8.4% |
| Suppliers | 440/4 | €346 | €317 | -€29 | -8.4% |
| Taxes, remuneration and social security | 45 | €16,086 | €12,129 | -€3,957 | -24.6% |
| Taxes | 450/3 | €13,723 | €12,129 | -€1,594 | -11.6% |
| Remuneration and social security | 454/9 | €2,363 | - | -€2,363 | |
| Other amounts payable | 47/48 | €44,758 | €44,616 | -€143 | -0.3% |
| Turnover | 70 | €142,758 | €139,427 | -€3,331 | -2.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €70,863 | €74,548 | +€3,686 | +5.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,291 | €19,188 | -€103 | -0.5% |
| Other operating charges | 640/8 | €2,496 | €3,032 | +€536 | +21.5% |
| Gross operating margin | 9900 | €72,132 | €65,105 | -€7,027 | -9.7% |
| Operating profit (loss) | 9901 | €50,345 | €42,885 | -€7,459 | -14.8% |
| Financial charges | 65/66B | €2,712 | €2,533 | -€180 | -6.6% |
| Recurring financial charges | 65 | €2,712 | €2,533 | -€180 | -6.6% |
| Profit (loss) for the period before taxes | 9903 | €47,632 | €40,352 | -€7,280 | -15.3% |
| Transfer from deferred taxes | 780 | €400 | €400 | = | 0.0% |
| Income taxes | 67/77 | €14,111 | €12,158 | -€1,952 | -13.8% |
| Profit (loss) for the period | 9904 | €33,921 | €28,594 | -€5,327 | -15.7% |
| Transfer from tax-exempt reserves | 789 | €1,600 | €1,600 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €35,521 | €30,194 | -€5,327 | -15.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.