KINAROM: 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.
KINAROM
Largest movements
- Deferred charges and accrued income -€13,058
down €13,058 (-89.5%), from €14,590 to €1,532
- Receivables within one year +€4,743
up €4,743 (+602.8%), from €787 to €5,530
of which Trade receivables: +€3,000
- Tangible fixed assets -€2,730
down €2,730 (-18.7%), from €14,562 to €11,832
of which Plant, machinery and equipment: -€3,134
- Tax, wage and social debts -€4,672
down €4,672 (-52.4%), from €8,921 to €4,249
of which Taxes: -€4,597
- Profit (loss) carried forward -€3,247
down €3,247 (-24.9%), from €13,033 to €9,787
- Other debts -€1,544
down €1,544 (-83.4%), from €1,852 to €308
- Trade debts -€966
down €966 (-46.9%), from €2,062 to €1,096
- Debts after one year -€933
down €933 (-56.3%), from €1,656 to €723
- Gross operating margin -€7,471
down €7,471 (-72.9%), from €10,242 to €2,772
- Taxes -€1,209
down €1,209 (-88.3%), from €1,369 to €161
- Depreciation -€250
down €250 (-5.7%), from €4,429 to €4,178
- Financial charges -€165
down €165 (-15.2%), from €1,084 to €919
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 | €34,410 | €23,083 | -€11,327 | -32.9% |
| Fixed assets | 21/28 | €14,562 | €11,832 | -€2,730 | -18.7% |
| Tangible fixed assets | 22/27 | €14,562 | €11,832 | -€2,730 | -18.7% |
| Plant, machinery and equipment | 23 | €11,875 | €8,741 | -€3,134 | -26.4% |
| Furniture and vehicles | 24 | €2,687 | €3,091 | +€404 | +15.0% |
| Current assets | 29/58 | €19,848 | €11,251 | -€8,597 | -43.3% |
| Amounts receivable within one year | 40/41 | €787 | €5,530 | +€4,743 | +602.8% |
| Trade receivables | 40 | €281 | €3,281 | +€3,000 | +1066.4% |
| Other amounts receivable | 41 | €506 | €2,249 | +€1,743 | +344.8% |
| Cash at bank and in hand | 54/58 | €4,471 | €4,190 | -€282 | -6.3% |
| Deferred charges and accrued income | 490/1 | €14,590 | €1,532 | -€13,058 | -89.5% |
| Total equity and liabilities | 10/49 | €34,410 | €23,083 | -€11,327 | -32.9% |
| Equity | 10/15 | €19,021 | €15,774 | -€3,247 | -17.1% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €4,487 | €4,487 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,487 | €4,487 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,487 | €4,487 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,033 | €9,787 | -€3,247 | -24.9% |
| Amounts payable | 17/49 | €15,390 | €7,309 | -€8,080 | -52.5% |
| Amounts payable after more than one year | 17 | €1,656 | €723 | -€933 | -56.3% |
| Financial debts | 170/4 | €1,656 | €723 | -€933 | -56.3% |
| Amounts payable within one year | 42/48 | €13,733 | €6,586 | -€7,147 | -52.0% |
| Current portion of amounts payable after more than one year | 42 | €898 | €933 | +€35 | +3.8% |
| Trade debts | 44 | €2,062 | €1,096 | -€966 | -46.9% |
| Suppliers | 440/4 | €2,062 | €1,096 | -€966 | -46.9% |
| Taxes, remuneration and social security | 45 | €8,921 | €4,249 | -€4,672 | -52.4% |
| Taxes | 450/3 | €6,601 | €2,004 | -€4,597 | -69.6% |
| Remuneration and social security | 454/9 | €2,320 | €2,245 | -€75 | -3.2% |
| Other amounts payable | 47/48 | €1,852 | €308 | -€1,544 | -83.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,429 | €4,178 | -€250 | -5.7% |
| Other operating charges | 640/8 | €830 | €760 | -€69 | -8.4% |
| Gross operating margin | 9900 | €10,242 | €2,772 | -€7,471 | -72.9% |
| Operating profit (loss) | 9901 | €4,984 | -€2,167 | -€7,151 | |
| Financial income | 75/76B | €1 | €0 | -€1 | -98.9% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -98.9% |
| Financial charges | 65/66B | €1,084 | €919 | -€165 | -15.2% |
| Recurring financial charges | 65 | €1,084 | €919 | -€165 | -15.2% |
| Profit (loss) for the period before taxes | 9903 | €3,901 | -€3,086 | -€6,987 | |
| Income taxes | 67/77 | €1,369 | €161 | -€1,209 | -88.3% |
| Profit (loss) for the period | 9904 | €2,532 | -€3,247 | -€5,778 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,532 | -€3,247 | -€5,778 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.