KINARTIC: 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.
KINARTIC
Largest movements
- Cash +€22,078
up €22,078 (+129.1%), from €17,096 to €39,174
mainly Net result for the year (+€15,226) and Receivables within one year (+€7,124)
- Receivables within one year -€7,124
down €7,124 (-34.3%), from €20,778 to €13,654
of which Trade receivables: -€5,408
- Tangible fixed assets -€1,607
down €1,607 (-65.0%), from €2,470 to €864
- Deferred charges and accrued income -€703
down €703 (-82.7%), from €850 to €147
- Profit (loss) carried forward +€15,226
up €15,226 (+77.9%), from €19,551 to €34,776
- Debts after one year -€6,253
down €6,253 (-66.4%), from €9,417 to €3,164
- Tax, wage and social debts +€4,109
up €4,109 (+185.9%), from €2,210 to €6,319
- Trade debts -€638
down €638 (-95.9%), from €665 to €27
- Depreciation -€21,618
down €21,618 (-93.1%), from €23,225 to €1,607
- Taxes +€5,069
up €5,069, from €0 to €5,069
- Gross operating margin +€3,515
up €3,515 (+17.9%), from €19,618 to €23,134
- Other operating charges +€778
up €778, from €0 to €778
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €41,195 | €53,839 | +€12,645 | +30.7% |
| Fixed assets | 21/28 | €2,470 | €864 | -€1,607 | -65.0% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €2,470 | €864 | -€1,607 | -65.0% |
| Other tangible fixed assets | 26 | €2,470 | €864 | -€1,607 | -65.0% |
| Current assets | 29/58 | €38,724 | €52,976 | +€14,251 | +36.8% |
| Amounts receivable within one year | 40/41 | €20,778 | €13,654 | -€7,124 | -34.3% |
| Trade receivables | 40 | €7,478 | €2,070 | -€5,408 | -72.3% |
| Other amounts receivable | 41 | €13,300 | €11,584 | -€1,716 | -12.9% |
| Cash at bank and in hand | 54/58 | €17,096 | €39,174 | +€22,078 | +129.1% |
| Deferred charges and accrued income | 490/1 | €850 | €147 | -€703 | -82.7% |
| Total equity and liabilities | 10/49 | €41,195 | €53,839 | +€12,645 | +30.7% |
| Equity | 10/15 | €22,851 | €38,076 | +€15,226 | +66.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €300 | €300 | = | 0.0% |
| Non-distributable reserves | 130/1 | €300 | €300 | = | 0.0% |
| Reserves not available under the articles | 1311 | €300 | €300 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,551 | €34,776 | +€15,226 | +77.9% |
| Amounts payable | 17/49 | €18,344 | €15,763 | -€2,581 | -14.1% |
| Amounts payable after more than one year | 17 | €9,417 | €3,164 | -€6,253 | -66.4% |
| Financial debts | 170/4 | €9,417 | €3,164 | -€6,253 | -66.4% |
| Amounts payable within one year | 42/48 | €8,927 | €12,600 | +€3,672 | +41.1% |
| Current portion of amounts payable after more than one year | 42 | €6,052 | €6,253 | +€201 | +3.3% |
| Trade debts | 44 | €665 | €27 | -€638 | -95.9% |
| Suppliers | 440/4 | €665 | €27 | -€638 | -95.9% |
| Taxes, remuneration and social security | 45 | €2,210 | €6,319 | +€4,109 | +185.9% |
| Taxes | 450/3 | €2,210 | €6,319 | +€4,109 | +185.9% |
| Non-recurring operating income | 76A | €936 | €0 | -€936 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,225 | €1,607 | -€21,618 | -93.1% |
| Other operating charges | 640/8 | €0 | €778 | +€778 | |
| Gross operating margin | 9900 | €19,618 | €23,134 | +€3,515 | +17.9% |
| Operating profit (loss) | 9901 | -€3,607 | €20,749 | +€24,356 | |
| Financial income | 75/76B | €6 | €1 | -€5 | -91.6% |
| Recurring financial income | 75 | €6 | €1 | -€5 | -91.6% |
| Financial charges | 65/66B | €306 | €455 | +€149 | +48.7% |
| Recurring financial charges | 65 | €306 | €455 | +€149 | +48.7% |
| Profit (loss) for the period before taxes | 9903 | -€3,907 | €20,295 | +€24,201 | |
| Income taxes | 67/77 | €0 | €5,069 | +€5,069 | |
| Profit (loss) for the period | 9904 | -€3,907 | €15,226 | +€19,132 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,907 | €15,226 | +€19,132 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.