KINE PHYSIO LUDO: what changed
KINE PHYSIO LUDO
Largest movements
- Receivables within one year -€20,189
down €20,189 (-87.2%), from €23,163 to €2,974
of which Trade receivables: -€22,999
- Cash +€7,932
up €7,932 (+11.8%), from €67,180 to €75,111
mainly Receivables within one year (+€20,189) and Other debts (+€17,409)
- Tangible fixed assets -€1,278
down €1,278 (-5.4%), from €23,503 to €22,225
of which Furniture and vehicles: -€9,640
- Profit (loss) carried forward -€33,264
no longer reported in 2025 (was €33,264)
- Other debts +€17,409
up €17,409 (+53.9%), from €32,303 to €49,712
- Short-term financial debts -€8,857
down €8,857 (-95.9%), from €9,233 to €376
- Tax, wage and social debts +€6,814
up €6,814 (+36.6%), from €18,617 to €25,431
of which Taxes: +€6,814
- Trade debts +€4,355
up €4,355 (+13,276%), from €33 to €4,387
- Gross operating margin -€46,265
down €46,265 (-62.6%), from €73,934 to €27,669
- Taxes -€9,843
down €9,843 (-66.4%), from €14,821 to €4,978
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €113,854 | €100,311 | -€13,543 | -11.9% |
| Fixed assets | 21/28 | €23,503 | €22,225 | -€1,278 | -5.4% |
| Tangible fixed assets | 22/27 | €23,503 | €22,225 | -€1,278 | -5.4% |
| Furniture and vehicles | 24 | €10,153 | €513 | -€9,640 | -94.9% |
| Other tangible fixed assets | 26 | €13,350 | €21,712 | +€8,362 | +62.6% |
| Current assets | 29/58 | €90,351 | €78,086 | -€12,266 | -13.6% |
| Amounts receivable within one year | 40/41 | €23,163 | €2,974 | -€20,189 | -87.2% |
| Trade receivables | 40 | €23,163 | €165 | -€22,999 | -99.3% |
| Other amounts receivable | 41 | - | €2,809 | +€2,809 | |
| Cash at bank and in hand | 54/58 | €67,180 | €75,111 | +€7,932 | +11.8% |
| Deferred charges and accrued income | 490/1 | €8 | - | -€8 | |
| Total equity and liabilities | 10/49 | €113,854 | €100,311 | -€13,543 | -11.9% |
| Equity | 10/15 | €53,669 | €20,405 | -€33,264 | -62.0% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | €33,264 | - | -€33,264 | |
| Amounts payable | 17/49 | €60,185 | €79,906 | +€19,720 | +32.8% |
| Amounts payable within one year | 42/48 | €60,185 | €79,906 | +€19,720 | +32.8% |
| Financial debts | 43 | €9,233 | €376 | -€8,857 | -95.9% |
| Credit institutions | 430/8 | €9,233 | €376 | -€8,857 | -95.9% |
| Trade debts | 44 | €33 | €4,387 | +€4,355 | +13,276% |
| Suppliers | 440/4 | €33 | €4,387 | +€4,355 | +13,276% |
| Taxes, remuneration and social security | 45 | €18,617 | €25,431 | +€6,814 | +36.6% |
| Taxes | 450/3 | €17,238 | €24,052 | +€6,814 | +39.5% |
| Remuneration and social security | 454/9 | €1,379 | €1,379 | +€0 | 0.0% |
| Other amounts payable | 47/48 | €32,303 | €49,712 | +€17,409 | +53.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,483 | €12,809 | -€674 | -5.0% |
| Other operating charges | 640/8 | €387 | €450 | +€62 | +16.1% |
| Gross operating margin | 9900 | €73,934 | €27,669 | -€46,265 | -62.6% |
| Operating profit (loss) | 9901 | €60,064 | €14,411 | -€45,653 | -76.0% |
| Financial charges | 65/66B | €152 | €277 | +€125 | +81.9% |
| Recurring financial charges | 65 | €152 | €277 | +€125 | +81.9% |
| Profit (loss) for the period before taxes | 9903 | €59,911 | €14,134 | -€45,778 | -76.4% |
| Income taxes | 67/77 | €14,821 | €4,978 | -€9,843 | -66.4% |
| Profit (loss) for the period | 9904 | €45,090 | €9,156 | -€35,935 | -79.7% |
| Profit (loss) for the period to be appropriated | 9905 | €45,090 | €9,156 | -€35,935 | -79.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.