Kinamania: 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.
Kinamania
Largest movements
- Receivables within one year -€11,945
down €11,945 (-54.9%), from €21,768 to €9,824
of which Trade receivables: -€8,168
- Deferred charges and accrued income +€2,480
up €2,480 (+2,979%), from €83 to €2,564
- Stocks and contracts -€1,925
down €1,925 (-8.7%), from €22,125 to €20,200
- Tangible fixed assets -€1,669
down €1,669 (-14.6%), from €11,405 to €9,736
- Cash +€1,406
up €1,406 (+81.9%), from €1,718 to €3,124
mainly Net result for the year (+€25,997) and Receivables within one year (+€11,945)
- Trade debts -€29,259
down €29,259 (-63.2%), from €46,276 to €17,018
- Profit (loss) carried forward +€25,997
up €25,997 (+56.3%), from -€46,141 to -€20,144
- Debts after one year -€10,876
down €10,876 (-29.5%), from €36,842 to €25,966
- Other debts +€797
new in 2025: €797
- Accrued charges and deferred income +€707
up €707 (+73.5%), from €963 to €1,670
- Gross operating margin +€77,227
up €77,227, from -€43,092 to €34,135
- Staff costs +€2,229
up €2,229 (+4,185%), from €53 to €2,282
- Depreciation +€1,558
up €1,558 (+147%), from €1,061 to €2,619
- Financial charges +€925
up €925 (+47.4%), from €1,950 to €2,874
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 | €57,334 | €45,682 | -€11,652 | -20.3% |
| Fixed assets | 21/28 | €11,640 | €9,971 | -€1,669 | -14.3% |
| Tangible fixed assets | 22/27 | €11,405 | €9,736 | -€1,669 | -14.6% |
| Plant, machinery and equipment | 23 | €11,405 | €9,736 | -€1,669 | -14.6% |
| Financial fixed assets | 28 | €235 | €235 | = | 0.0% |
| Current assets | 29/58 | €45,694 | €35,711 | -€9,983 | -21.8% |
| Stocks and contracts in progress | 3 | €22,125 | €20,200 | -€1,925 | -8.7% |
| Stocks | 30/36 | €22,125 | €20,200 | -€1,925 | -8.7% |
| Amounts receivable within one year | 40/41 | €21,768 | €9,824 | -€11,945 | -54.9% |
| Trade receivables | 40 | €17,777 | €9,609 | -€8,168 | -45.9% |
| Other amounts receivable | 41 | €3,991 | €214 | -€3,777 | -94.6% |
| Cash at bank and in hand | 54/58 | €1,718 | €3,124 | +€1,406 | +81.9% |
| Deferred charges and accrued income | 490/1 | €83 | €2,564 | +€2,480 | +2,979% |
| Total equity and liabilities | 10/49 | €57,334 | €45,682 | -€11,652 | -20.3% |
| Equity | 10/15 | -€39,941 | -€13,944 | +€25,997 | +65.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€46,141 | -€20,144 | +€25,997 | +56.3% |
| Amounts payable | 17/49 | €97,275 | €59,626 | -€37,649 | -38.7% |
| Amounts payable after more than one year | 17 | €36,842 | €25,966 | -€10,876 | -29.5% |
| Financial debts | 170/4 | €36,842 | €25,966 | -€10,876 | -29.5% |
| Amounts payable within one year | 42/48 | €59,470 | €31,990 | -€27,480 | -46.2% |
| Current portion of amounts payable after more than one year | 42 | €11,311 | €11,729 | +€418 | +3.7% |
| Trade debts | 44 | €46,276 | €17,018 | -€29,259 | -63.2% |
| Suppliers | 440/4 | €46,276 | €17,018 | -€29,259 | -63.2% |
| Advances received on contracts in progress | 46 | - | €683 | +€683 | |
| Taxes, remuneration and social security | 45 | €1,883 | €1,763 | -€120 | -6.4% |
| Taxes | 450/3 | €1,883 | €1,305 | -€578 | -30.7% |
| Remuneration and social security | 454/9 | - | €458 | +€458 | |
| Other amounts payable | 47/48 | - | €797 | +€797 | |
| Accrued charges and deferred income | 492/3 | €963 | €1,670 | +€707 | +73.5% |
| Non-recurring operating income | 76A | €1,500 | - | -€1,500 | |
| Remuneration, social security and pensions | 62 | €53 | €2,282 | +€2,229 | +4,185% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,061 | €2,619 | +€1,558 | +147% |
| Other operating charges | 640/8 | - | €374 | +€374 | |
| Gross operating margin | 9900 | -€43,092 | €34,135 | +€77,227 | |
| Operating profit (loss) | 9901 | -€44,206 | €28,861 | +€73,066 | |
| Financial income | 75/76B | €15 | €11 | -€4 | -25.9% |
| Recurring financial income | 75 | €15 | €11 | -€4 | -25.9% |
| Financial charges | 65/66B | €1,950 | €2,874 | +€925 | +47.4% |
| Recurring financial charges | 65 | €1,950 | €2,874 | +€925 | +47.4% |
| Profit (loss) for the period before taxes | 9903 | -€46,141 | €25,997 | +€72,138 | |
| Profit (loss) for the period | 9904 | -€46,141 | €25,997 | +€72,138 | |
| Profit (loss) for the period to be appropriated | 9905 | -€46,141 | €25,997 | +€72,138 |
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 31 October 2026 via checked.be.