KICENTA: 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.
KICENTA
Largest movements
- Receivables within one year -€24,711
down €24,711 (-70.3%), from €35,174 to €10,463
- Cash +€15,379
up €15,379 (+12.9%), from €119,201 to €134,581
mainly Receivables within one year (+€24,711) and Depreciation (+€10,917)
- Tangible fixed assets -€10,917
down €10,917 (-3.8%), from €286,389 to €275,471
- Reserves -€24,592
down €24,592 (-12.5%), from €196,606 to €172,014
of which Distributable reserves: -€24,592
- Other debts +€8,798
up €8,798 (+24.0%), from €36,637 to €45,434
- Gross operating margin -€23,367
down €23,367 (-64.8%), from €36,065 to €12,698
- Financial income -€2,158
down €2,158 (-86.0%), from €2,509 to €351
- Other operating charges +€1,462
up €1,462 (+7.4%), from €19,740 to €21,201
- Depreciation -€398
down €398 (-3.5%), from €11,316 to €10,917
- Taxes -€395
down €395 (-100%), from €395 to €0
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 | €440,764 | €420,515 | -€20,249 | -4.6% |
| Fixed assets | 21/28 | €286,389 | €275,471 | -€10,917 | -3.8% |
| Tangible fixed assets | 22/27 | €286,389 | €275,471 | -€10,917 | -3.8% |
| Land and buildings | 22 | €286,389 | €275,471 | -€10,917 | -3.8% |
| Current assets | 29/58 | €154,375 | €145,044 | -€9,332 | -6.0% |
| Amounts receivable within one year | 40/41 | €35,174 | €10,463 | -€24,711 | -70.3% |
| Other amounts receivable | 41 | €35,174 | €10,463 | -€24,711 | -70.3% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €119,201 | €134,581 | +€15,379 | +12.9% |
| Total equity and liabilities | 10/49 | €440,764 | €420,515 | -€20,249 | -4.6% |
| Equity | 10/15 | €394,921 | €370,329 | -€24,592 | -6.2% |
| Contributions | 10/11 | €198,315 | €198,315 | = | 0.0% |
| Capital | 10 | €198,315 | €198,315 | = | 0.0% |
| Issued capital | 100 | €198,315 | €198,315 | = | 0.0% |
| Reserves | 13 | €196,606 | €172,014 | -€24,592 | -12.5% |
| Non-distributable reserves | 130/1 | €19,832 | €19,832 | = | 0.0% |
| Legal reserve | 130 | €19,832 | €19,832 | = | 0.0% |
| Distributable reserves | 133 | €176,774 | €152,182 | -€24,592 | -13.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €45,843 | €50,186 | +€4,343 | +9.5% |
| Amounts payable within one year | 42/48 | €43,343 | €47,686 | +€4,343 | +10.0% |
| Trade debts | 44 | €5,925 | €1,527 | -€4,398 | -74.2% |
| Suppliers | 440/4 | €5,925 | €1,527 | -€4,398 | -74.2% |
| Taxes, remuneration and social security | 45 | €782 | €725 | -€57 | -7.3% |
| Taxes | 450/3 | €782 | €725 | -€57 | -7.3% |
| Other amounts payable | 47/48 | €36,637 | €45,434 | +€8,798 | +24.0% |
| Accrued charges and deferred income | 492/3 | €2,500 | €2,500 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,316 | €10,917 | -€398 | -3.5% |
| Other operating charges | 640/8 | €19,740 | €21,201 | +€1,462 | +7.4% |
| Gross operating margin | 9900 | €36,065 | €12,698 | -€23,367 | -64.8% |
| Operating profit (loss) | 9901 | €5,010 | -€19,421 | -€24,430 | |
| Financial income | 75/76B | €2,509 | €351 | -€2,158 | -86.0% |
| Recurring financial income | 75 | €2,509 | €351 | -€2,158 | -86.0% |
| Financial charges | 65/66B | €3,175 | €3,140 | -€35 | -1.1% |
| Recurring financial charges | 65 | €3,175 | €3,140 | -€35 | -1.1% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | €4,344 | -€22,210 | -€26,554 | |
| Income taxes | 67/77 | €395 | €0 | -€395 | -100% |
| Profit (loss) for the period | 9904 | €3,949 | -€22,210 | -€26,159 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,949 | -€22,210 | -€26,159 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.