Kiné Fox: 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.
Kiné Fox
Largest movements
- Cash -€14,598
down €14,598 (-26.7%), from €54,632 to €40,034
mainly Contributions, distributions and other (-€21,787) and Debts after one year (-€4,408)
- Tangible fixed assets -€6,320
down €6,320 (-37.6%), from €16,819 to €10,499
of which Leasing and similar rights: -€5,833
- Deferred charges and accrued income +€2,047
up €2,047, from €0 to €2,047
- Receivables within one year +€1,498
up €1,498 (+19.6%), from €7,650 to €9,148
of which Other amounts receivable: +€2,544
- Reserves -€13,276
down €13,276 (-21.8%), from €60,916 to €47,639
- Debts after one year -€4,408
down €4,408 (-54.5%), from €8,094 to €3,686
- Gross operating margin -€12,478
down €12,478 (-39.0%), from €32,020 to €19,542
- Taxes -€2,349
down €2,349 (-48.0%), from €4,894 to €2,545
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 | €79,193 | €61,820 | -€17,373 | -21.9% |
| Fixed assets | 21/28 | €16,911 | €10,591 | -€6,320 | -37.4% |
| Tangible fixed assets | 22/27 | €16,819 | €10,499 | -€6,320 | -37.6% |
| Leasing and similar rights | 25 | €16,331 | €10,499 | -€5,833 | -35.7% |
| Other tangible fixed assets | 26 | €487 | €0 | -€487 | -100% |
| Financial fixed assets | 28 | €93 | €93 | = | 0.0% |
| Current assets | 29/58 | €62,282 | €51,229 | -€11,053 | -17.7% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €7,650 | €9,148 | +€1,498 | +19.6% |
| Trade receivables | 40 | €7,492 | €6,446 | -€1,046 | -14.0% |
| Other amounts receivable | 41 | €158 | €2,702 | +€2,544 | +1,608% |
| Cash at bank and in hand | 54/58 | €54,632 | €40,034 | -€14,598 | -26.7% |
| Deferred charges and accrued income | 490/1 | €0 | €2,047 | +€2,047 | |
| Total equity and liabilities | 10/49 | €79,193 | €61,820 | -€17,373 | -21.9% |
| Equity | 10/15 | €61,116 | €47,839 | -€13,276 | -21.7% |
| Contributions | 10/11 | €200 | €200 | = | 0.0% |
| Reserves | 13 | €60,916 | €47,639 | -€13,276 | -21.8% |
| Distributable reserves | 133 | €60,916 | €47,639 | -€13,276 | -21.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €18,077 | €13,981 | -€4,097 | -22.7% |
| Amounts payable after more than one year | 17 | €8,094 | €3,686 | -€4,408 | -54.5% |
| Financial debts | 170/4 | €8,094 | €3,686 | -€4,408 | -54.5% |
| Amounts payable within one year | 42/48 | €9,786 | €10,099 | +€313 | +3.2% |
| Current portion of amounts payable after more than one year | 42 | €4,246 | €4,408 | +€162 | +3.8% |
| Trade debts | 44 | €2,858 | €3,528 | +€670 | +23.4% |
| Suppliers | 440/4 | €2,858 | €3,528 | +€670 | +23.4% |
| Taxes, remuneration and social security | 45 | €2,061 | €2,061 | = | 0.0% |
| Taxes | 450/3 | €0 | - | = | |
| Remuneration and social security | 454/9 | €2,061 | €2,061 | = | 0.0% |
| Other amounts payable | 47/48 | €621 | €102 | -€519 | -83.5% |
| Accrued charges and deferred income | 492/3 | €197 | €196 | -€1 | -0.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,375 | €6,320 | -€55 | -0.9% |
| Other operating charges | 640/8 | €1,823 | €1,663 | -€161 | -8.8% |
| Gross operating margin | 9900 | €32,020 | €19,542 | -€12,478 | -39.0% |
| Operating profit (loss) | 9901 | €23,821 | €11,560 | -€12,262 | -51.5% |
| Financial income | 75/76B | €175 | €298 | +€122 | +69.9% |
| Recurring financial income | 75 | €175 | €298 | +€122 | +69.9% |
| Financial charges | 65/66B | €1,112 | €801 | -€311 | -27.9% |
| Recurring financial charges | 65 | €1,112 | €801 | -€311 | -27.9% |
| Profit (loss) for the period before taxes | 9903 | €22,884 | €11,056 | -€11,829 | -51.7% |
| Income taxes | 67/77 | €4,894 | €2,545 | -€2,349 | -48.0% |
| Profit (loss) for the period | 9904 | €17,990 | €8,511 | -€9,480 | -52.7% |
| Profit (loss) for the period to be appropriated | 9905 | €17,990 | €8,511 | -€9,480 | -52.7% |
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 17 October 2026 via checked.be.