KINANTHROPOS: 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.
KINANTHROPOS
Largest movements
- Cash +€91,957
up €91,957 (+106%), from €86,852 to €178,809
mainly Net result for the year (+€73,700) and Trade debts (+€27,563)
- Tangible fixed assets -€13,357
down €13,357 (-12.2%), from €109,851 to €96,494
of which Furniture and vehicles: -€15,815
- Reserves +€72,867
up €72,867 (+61.8%), from €118,000 to €190,867
- Trade debts +€27,563
up €27,563 (+2,445%), from €1,127 to €28,691
- Accrued charges and deferred income -€25,947
down €25,947 (-100%), from €25,947 to €0
- Tax, wage and social debts +€5,327
up €5,327 (+10.9%), from €48,859 to €54,187
- Gross operating margin +€25,580
up €25,580 (+24.1%), from €105,939 to €131,519
- Taxes +€7,971
up €7,971 (+35.6%), from €22,368 to €30,339
- Depreciation -€4,192
down €4,192 (-14.0%), from €29,886 to €25,694
- Financial income -€2,092
down €2,092 (-99.5%), from €2,102 to €10
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 | €197,438 | €277,250 | +€79,811 | +40.4% |
| Fixed assets | 21/28 | €109,851 | €96,494 | -€13,357 | -12.2% |
| Tangible fixed assets | 22/27 | €109,851 | €96,494 | -€13,357 | -12.2% |
| Land and buildings | 22 | €21,379 | €16,937 | -€4,442 | -20.8% |
| Plant, machinery and equipment | 23 | €24,191 | €31,091 | +€6,900 | +28.5% |
| Furniture and vehicles | 24 | €64,281 | €48,466 | -€15,815 | -24.6% |
| Current assets | 29/58 | €87,587 | €180,756 | +€93,169 | +106% |
| Amounts receivable within one year | 40/41 | €735 | €1,920 | +€1,185 | +161% |
| Trade receivables | 40 | €735 | €1,920 | +€1,185 | +161% |
| Cash at bank and in hand | 54/58 | €86,852 | €178,809 | +€91,957 | +106% |
| Deferred charges and accrued income | 490/1 | - | €26 | +€26 | |
| Total equity and liabilities | 10/49 | €197,438 | €277,250 | +€79,811 | +40.4% |
| Equity | 10/15 | €120,928 | €193,795 | +€72,867 | +60.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €118,000 | €190,867 | +€72,867 | +61.8% |
| Non-distributable reserves | 130/1 | €118,000 | €190,867 | +€72,867 | +61.8% |
| Other | 1319 | €118,000 | €190,867 | +€72,867 | +61.8% |
| Profit (loss) carried forward | 14 | €928 | €928 | = | 0.0% |
| Amounts payable | 17/49 | €76,510 | €83,454 | +€6,944 | +9.1% |
| Amounts payable within one year | 42/48 | €50,563 | €83,454 | +€32,891 | +65.0% |
| Trade debts | 44 | €1,127 | €28,691 | +€27,563 | +2,445% |
| Suppliers | 440/4 | €1,127 | €28,691 | +€27,563 | +2,445% |
| Taxes, remuneration and social security | 45 | €48,859 | €54,187 | +€5,327 | +10.9% |
| Taxes | 450/3 | €48,859 | €54,187 | +€5,327 | +10.9% |
| Other amounts payable | 47/48 | €577 | €577 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €25,947 | €0 | -€25,947 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,886 | €25,694 | -€4,192 | -14.0% |
| Other operating charges | 640/8 | €748 | €1,311 | +€563 | +75.2% |
| Non-recurring operating charges | 66A | €450 | - | -€450 | |
| Gross operating margin | 9900 | €105,939 | €131,519 | +€25,580 | +24.1% |
| Operating profit (loss) | 9901 | €74,855 | €104,514 | +€29,659 | +39.6% |
| Financial income | 75/76B | €2,102 | €10 | -€2,092 | -99.5% |
| Recurring financial income | 75 | €2,102 | €10 | -€2,092 | -99.5% |
| Financial charges | 65/66B | €194 | €486 | +€292 | +150% |
| Recurring financial charges | 65 | €194 | €486 | +€292 | +150% |
| Profit (loss) for the period before taxes | 9903 | €76,763 | €104,039 | +€27,276 | +35.5% |
| Income taxes | 67/77 | €22,368 | €30,339 | +€7,971 | +35.6% |
| Profit (loss) for the period | 9904 | €54,395 | €73,700 | +€19,305 | +35.5% |
| Profit (loss) for the period to be appropriated | 9905 | €54,395 | €73,700 | +€19,305 | +35.5% |
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 20 October 2026 via checked.be.