KINAXIS: 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.
KINAXIS
Largest movements
- Tangible fixed assets -€10,906
down €10,906 (-7.7%), from €142,062 to €131,156
of which Plant, machinery and equipment: -€8,028
- Deferred charges and accrued income -€8,191
down €8,191 (-68.1%), from €12,022 to €3,830
- Cash +€4,991
up €4,991 (+10.4%), from €48,194 to €53,186
mainly Depreciation (+€35,573) and Net result for the year (+€27,124)
- Debts after one year -€12,801
down €12,801 (-44.5%), from €28,788 to €15,987
- Reserves -€7,010
down €7,010 (-5.3%), from €131,916 to €124,907
- Trade debts +€5,158
up €5,158 (+334%), from €1,543 to €6,701
- Tax, wage and social debts +€3,180
up €3,180 (+23.8%), from €13,336 to €16,516
- Other operating charges +€7,508
up €7,508 (+679%), from €1,107 to €8,615
- Depreciation +€5,264
up €5,264 (+17.4%), from €30,309 to €35,573
- Gross operating margin +€4,970
up €4,970 (+6.0%), from €83,493 to €88,464
- Taxes -€3,230
down €3,230 (-18.6%), from €17,336 to €14,106
- Financial charges +€1,058
up €1,058 (+53.2%), from €1,988 to €3,046
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 | €207,697 | €195,546 | -€12,152 | -5.9% |
| Fixed assets | 21/28 | €143,862 | €132,956 | -€10,906 | -7.6% |
| Tangible fixed assets | 22/27 | €142,062 | €131,156 | -€10,906 | -7.7% |
| Plant, machinery and equipment | 23 | €41,484 | €33,456 | -€8,028 | -19.4% |
| Furniture and vehicles | 24 | €15,675 | €10,332 | -€5,343 | -34.1% |
| Other tangible fixed assets | 26 | €84,903 | €87,368 | +€2,465 | +2.9% |
| Financial fixed assets | 28 | €1,800 | €1,800 | = | 0.0% |
| Current assets | 29/58 | €63,835 | €62,589 | -€1,246 | -2.0% |
| Amounts receivable after more than one year | 29 | €3,000 | €3,000 | = | 0.0% |
| Other amounts receivable | 291 | €3,000 | €3,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €619 | €2,573 | +€1,954 | +316% |
| Trade receivables | 40 | €0 | €757 | +€757 | |
| Other amounts receivable | 41 | €619 | €1,816 | +€1,198 | +194% |
| Cash at bank and in hand | 54/58 | €48,194 | €53,186 | +€4,991 | +10.4% |
| Deferred charges and accrued income | 490/1 | €12,022 | €3,830 | -€8,191 | -68.1% |
| Total equity and liabilities | 10/49 | €207,697 | €195,546 | -€12,152 | -5.9% |
| Equity | 10/15 | €150,516 | €143,507 | -€7,010 | -4.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €131,916 | €124,907 | -€7,010 | -5.3% |
| Distributable reserves | 133 | €131,916 | €124,907 | -€7,010 | -5.3% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €57,181 | €52,039 | -€5,142 | -9.0% |
| Amounts payable after more than one year | 17 | €28,788 | €15,987 | -€12,801 | -44.5% |
| Financial debts | 170/4 | €28,788 | €15,987 | -€12,801 | -44.5% |
| Amounts payable within one year | 42/48 | €27,202 | €36,018 | +€8,816 | +32.4% |
| Current portion of amounts payable after more than one year | 42 | €12,323 | €12,801 | +€478 | +3.9% |
| Trade debts | 44 | €1,543 | €6,701 | +€5,158 | +334% |
| Suppliers | 440/4 | €1,543 | €6,701 | +€5,158 | +334% |
| Taxes, remuneration and social security | 45 | €13,336 | €16,516 | +€3,180 | +23.8% |
| Taxes | 450/3 | €13,336 | €16,516 | +€3,180 | +23.8% |
| Accrued charges and deferred income | 492/3 | €1,191 | €34 | -€1,157 | -97.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,309 | €35,573 | +€5,264 | +17.4% |
| Other operating charges | 640/8 | €1,107 | €8,615 | +€7,508 | +679% |
| Gross operating margin | 9900 | €83,493 | €88,464 | +€4,970 | +6.0% |
| Operating profit (loss) | 9901 | €52,078 | €44,276 | -€7,802 | -15.0% |
| Financial income | 75/76B | €431 | €0 | -€431 | -100% |
| Recurring financial income | 75 | €431 | €0 | -€431 | -100% |
| Financial charges | 65/66B | €1,988 | €3,046 | +€1,058 | +53.2% |
| Recurring financial charges | 65 | €1,988 | €3,046 | +€1,058 | +53.2% |
| Profit (loss) for the period before taxes | 9903 | €50,520 | €41,230 | -€9,290 | -18.4% |
| Income taxes | 67/77 | €17,336 | €14,106 | -€3,230 | -18.6% |
| Profit (loss) for the period | 9904 | €33,184 | €27,124 | -€6,060 | -18.3% |
| Profit (loss) for the period to be appropriated | 9905 | €33,184 | €27,124 | -€6,060 | -18.3% |
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 15 October 2026 via checked.be.