E-KYNOX: 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.
E-KYNOX
Largest movements
- Cash +€153,480
up €153,480 (+63.9%), from €240,170 to €393,650
mainly Current investments (+€88,494) and Net result for the year (+€86,966)
- Current investments -€88,494
down €88,494 (-100.0%), from €88,494 to €0
- Deferred charges and accrued income +€22,371
up €22,371 (+916.5%), from €2,441 to €24,812
- Receivables within one year -€14,863
down €14,863 (-58.8%), from €25,275 to €10,413
of which Trade receivables: -€17,222
- Other debts +€62,011
up €62,011 (+815.9%), from €7,600 to €69,611
- Reserves +€12,796
up €12,796 (+6.4%), from €200,370 to €213,166
of which Distributable reserves: +€12,796
- Depreciation -€1,710
down €1,710 (-43.9%), from €3,895 to €2,185
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 | €358,868 | €431,540 | +€72,671 | +20.3% |
| Fixed assets | 21/28 | €2,488 | €2,665 | +€177 | +7.1% |
| Tangible fixed assets | 22/27 | €2,488 | €2,665 | +€177 | +7.1% |
| Plant, machinery and equipment | 23 | €1,488 | €1,519 | +€31 | +2.1% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Other tangible fixed assets | 26 | €999 | €1,146 | +€147 | +14.7% |
| Current assets | 29/58 | €356,381 | €428,875 | +€72,494 | +20.3% |
| Amounts receivable within one year | 40/41 | €25,275 | €10,413 | -€14,863 | -58.8% |
| Trade receivables | 40 | €18,883 | €1,661 | -€17,222 | -91.2% |
| Other amounts receivable | 41 | €6,392 | €8,752 | +€2,359 | +36.9% |
| Current investments | 50/53 | €88,494 | €0 | -€88,494 | -100.0% |
| Cash at bank and in hand | 54/58 | €240,170 | €393,650 | +€153,480 | +63.9% |
| Deferred charges and accrued income | 490/1 | €2,441 | €24,812 | +€22,371 | +916.5% |
| Total equity and liabilities | 10/49 | €358,868 | €431,540 | +€72,671 | +20.3% |
| Equity | 10/15 | €304,791 | €317,587 | +€12,796 | +4.2% |
| Contributions | 10/11 | €6,201 | €6,201 | = | 0.0% |
| Reserves | 13 | €200,370 | €213,166 | +€12,796 | +6.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €198,510 | €211,306 | +€12,796 | +6.4% |
| Profit (loss) carried forward | 14 | €98,220 | €98,220 | +€0 | 0.0% |
| Amounts payable | 17/49 | €54,078 | €113,953 | +€59,875 | +110.7% |
| Amounts payable within one year | 42/48 | €54,078 | €113,953 | +€59,875 | +110.7% |
| Trade debts | 44 | €880 | €404 | -€476 | -54.1% |
| Suppliers | 440/4 | €880 | €404 | -€476 | -54.1% |
| Taxes, remuneration and social security | 45 | €45,598 | €43,937 | -€1,660 | -3.6% |
| Taxes | 450/3 | €45,598 | €43,937 | -€1,660 | -3.6% |
| Other amounts payable | 47/48 | €7,600 | €69,611 | +€62,011 | +815.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,895 | €2,185 | -€1,710 | -43.9% |
| Other operating charges | 640/8 | €1,055 | €971 | -€84 | -8.0% |
| Gross operating margin | 9900 | €130,642 | €130,749 | +€107 | +0.1% |
| Operating profit (loss) | 9901 | €125,693 | €127,594 | +€1,901 | +1.5% |
| Financial income | 75/76B | €415 | €1,412 | +€997 | +240.2% |
| Recurring financial income | 75 | €415 | €1,412 | +€997 | +240.2% |
| Financial charges | 65/66B | €160 | €533 | +€373 | +233.9% |
| Recurring financial charges | 65 | €160 | €533 | +€373 | +233.9% |
| Profit (loss) for the period before taxes | 9903 | €125,949 | €128,474 | +€2,525 | +2.0% |
| Income taxes | 67/77 | €42,536 | €41,508 | -€1,028 | -2.4% |
| Profit (loss) for the period | 9904 | €83,413 | €86,966 | +€3,553 | +4.3% |
| Profit (loss) for the period to be appropriated | 9905 | €83,413 | €86,966 | +€3,553 | +4.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.