AJ KINERGIEK: what changed
What changed
AJ KINERGIEK
NACE 86.951, Physiotherapy
filed annual accounts (NBB)
Net result for the year
€49,195
2024 · €58,691-€9,496
Equity
€32,743
2024 · €31,548+€1,195
Cash
€76,020
2024 · €74,477+€1,542
Balance sheet total
€192,713
2024 · €205,301-€12,588
Largest movements
Assets
- Tangible fixed assets -€15,713
down €15,713 (-40.1%), from €39,144 to €23,431
of which Other tangible fixed assets: -€8,208
Equity and liabilities
- Debts after one year -€13,256
down €13,256 (-39.1%), from €33,867 to €20,610
- Other debts -€10,000
down €10,000 (-17.2%), from €58,000 to €48,000
- Accrued charges and deferred income +€9,077
up €9,077 (+16.7%), from €54,248 to €63,325
Income statement
- Gross operating margin -€8,701
down €8,701 (-7.9%), from €109,954 to €101,253
- Financial charges +€3,842
up €3,842 (+96.1%), from €3,998 to €7,840
- Taxes -€3,792
down €3,792 (-18.4%), from €20,595 to €16,803
- Write-downs -€2,104
down €2,104 (-20.5%), from €10,244 to €8,140
- Financial income -€1,535
down €1,535 (-85.7%), from €1,791 to €256
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€58,691
Gross operating margin
-€8,701
Depreciation
-€1,265
Write-downs
+€2,104
Other operating charges
-€49
Financial income
-€1,535
Financial charges
-€3,842
Taxes
+€3,792
Result 2025
€49,195
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€64,638
Investment
-€2,146
Financing
-€60,950
Cash 2024
€74,477
From operations (derived)
+€64,638
Net result for the year
+€49,195
Depreciation
+€17,859
Receivables within one year
-€734
Deferred charges and accrued income
-€849
Trade debts
-€1,714
Tax, wage and social debts
+€1,803
Other debts
-€10,000
Accrued charges and deferred income
+€9,077
Investment (derived)
-€2,146
Investment in fixed assets (net)
-€2,146
Financing
-€60,950
Debts after one year
-€13,256
Current portion of long-term debt
+€307
Contributions, distributions and other
-€48,000
Cash 2025
€76,020
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €205,301 | €192,713 | -€12,588 | -6.1% |
| Fixed assets | 21/28 | €48,344 | €32,631 | -€15,713 | -32.5% |
| Tangible fixed assets | 22/27 | €39,144 | €23,431 | -€15,713 | -40.1% |
| Plant, machinery and equipment | 23 | €21,453 | €14,433 | -€7,020 | -32.7% |
| Furniture and vehicles | 24 | €742 | €257 | -€485 | -65.4% |
| Other tangible fixed assets | 26 | €16,950 | €8,742 | -€8,208 | -48.4% |
| Financial fixed assets | 28 | €9,200 | €9,200 | = | 0.0% |
| Current assets | 29/58 | €156,957 | €160,082 | +€3,125 | +2.0% |
| Amounts receivable within one year | 40/41 | €78,972 | €79,706 | +€734 | +0.9% |
| Trade receivables | 40 | €77,979 | €78,712 | +€734 | +0.9% |
| Other amounts receivable | 41 | €993 | €993 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €74,477 | €76,020 | +€1,542 | +2.1% |
| Deferred charges and accrued income | 490/1 | €3,508 | €4,357 | +€849 | +24.2% |
| Total equity and liabilities | 10/49 | €205,301 | €192,713 | -€12,588 | -6.1% |
| Equity | 10/15 | €31,548 | €32,743 | +€1,195 | +3.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €12,948 | €14,143 | +€1,195 | +9.2% |
| Distributable reserves | 133 | €12,948 | €14,143 | +€1,195 | +9.2% |
| Amounts payable | 17/49 | €173,753 | €159,970 | -€13,783 | -7.9% |
| Amounts payable after more than one year | 17 | €33,867 | €20,610 | -€13,256 | -39.1% |
| Financial debts | 170/4 | €33,867 | €20,610 | -€13,256 | -39.1% |
| Amounts payable within one year | 42/48 | €85,638 | €76,034 | -€9,604 | -11.2% |
| Current portion of amounts payable after more than one year | 42 | €12,950 | €13,256 | +€307 | +2.4% |
| Financial debts | 43 | €5,000 | €5,000 | = | 0.0% |
| Credit institutions | 430/8 | €5,000 | €5,000 | = | 0.0% |
| Trade debts | 44 | €4,093 | €2,379 | -€1,714 | -41.9% |
| Suppliers | 440/4 | €4,093 | €2,379 | -€1,714 | -41.9% |
| Taxes, remuneration and social security | 45 | €5,595 | €7,399 | +€1,803 | +32.2% |
| Taxes | 450/3 | €5,595 | €7,399 | +€1,803 | +32.2% |
| Other amounts payable | 47/48 | €58,000 | €48,000 | -€10,000 | -17.2% |
| Accrued charges and deferred income | 492/3 | €54,248 | €63,325 | +€9,077 | +16.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,594 | €17,859 | +€1,265 | +7.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €10,244 | €8,140 | -€2,104 | -20.5% |
| Other operating charges | 640/8 | €1,623 | €1,672 | +€49 | +3.0% |
| Gross operating margin | 9900 | €109,954 | €101,253 | -€8,701 | -7.9% |
| Operating profit (loss) | 9901 | €81,493 | €73,582 | -€7,911 | -9.7% |
| Financial income | 75/76B | €1,791 | €256 | -€1,535 | -85.7% |
| Recurring financial income | 75 | €1,791 | €256 | -€1,535 | -85.7% |
| Financial charges | 65/66B | €3,998 | €7,840 | +€3,842 | +96.1% |
| Recurring financial charges | 65 | €3,998 | €7,840 | +€3,842 | +96.1% |
| Profit (loss) for the period before taxes | 9903 | €79,286 | €65,998 | -€13,288 | -16.8% |
| Income taxes | 67/77 | €20,595 | €16,803 | -€3,792 | -18.4% |
| Profit (loss) for the period | 9904 | €58,691 | €49,195 | -€9,496 | -16.2% |
| Profit (loss) for the period to be appropriated | 9905 | €58,691 | €49,195 | -€9,496 | -16.2% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.