KINEACT: 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.
KINEACT
Largest movements
- Cash +€23,403
up €23,403 (+223.6%), from €10,465 to €33,869
mainly Net result for the year (+€24,318) and Contributions, distributions and other (+€5,000)
- Receivables within one year +€2,742
up €2,742 (+39.3%), from €6,976 to €9,718
of which Other amounts receivable: +€5,956
- Tangible fixed assets -€1,105
down €1,105 (-30.1%), from €3,667 to €2,562
- Profit (loss) carried forward +€24,318
up €24,318 (+247.8%), from €9,814 to €34,132
- Contributions +€5,000
new in 2025: €5,000
- Other debts -€5,000
no longer reported in 2025 (was €5,000)
- Tax, wage and social debts +€4,164
up €4,164 (+152.1%), from €2,738 to €6,903
- Trade debts -€2,240
down €2,240 (-84.0%), from €2,668 to €427
- Gross operating margin +€19,828
up €19,828 (+138.1%), from €14,355 to €34,183
- Taxes +€4,164
up €4,164 (+152.1%), from €2,738 to €6,903
- Other operating charges +€1,153
up €1,153 (+140.3%), from €822 to €1,975
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 | €21,420 | €46,462 | +€25,042 | +116.9% |
| Fixed assets | 21/28 | €3,723 | €2,618 | -€1,105 | -29.7% |
| Tangible fixed assets | 22/27 | €3,667 | €2,562 | -€1,105 | -30.1% |
| Furniture and vehicles | 24 | €3,667 | €2,562 | -€1,105 | -30.1% |
| Financial fixed assets | 28 | €56 | €56 | = | 0.0% |
| Current assets | 29/58 | €17,697 | €43,844 | +€26,147 | +147.7% |
| Amounts receivable within one year | 40/41 | €6,976 | €9,718 | +€2,742 | +39.3% |
| Trade receivables | 40 | €6,976 | €3,762 | -€3,214 | -46.1% |
| Other amounts receivable | 41 | - | €5,956 | +€5,956 | |
| Cash at bank and in hand | 54/58 | €10,465 | €33,869 | +€23,403 | +223.6% |
| Deferred charges and accrued income | 490/1 | €256 | €257 | +€1 | +0.5% |
| Total equity and liabilities | 10/49 | €21,420 | €46,462 | +€25,042 | +116.9% |
| Equity | 10/15 | €9,814 | €39,132 | +€29,318 | +298.7% |
| Contributions | 10/11 | - | €5,000 | +€5,000 | |
| Profit (loss) carried forward | 14 | €9,814 | €34,132 | +€24,318 | +247.8% |
| Amounts payable | 17/49 | €11,606 | €7,330 | -€4,276 | -36.8% |
| Amounts payable within one year | 42/48 | €10,406 | €7,330 | -€3,076 | -29.6% |
| Trade debts | 44 | €2,668 | €427 | -€2,240 | -84.0% |
| Suppliers | 440/4 | €2,668 | €427 | -€2,240 | -84.0% |
| Taxes, remuneration and social security | 45 | €2,738 | €6,903 | +€4,164 | +152.1% |
| Taxes | 450/3 | €2,738 | €6,903 | +€4,164 | +152.1% |
| Other amounts payable | 47/48 | €5,000 | - | -€5,000 | |
| Accrued charges and deferred income | 492/3 | €1,200 | - | -€1,200 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €973 | €1,105 | +€132 | +13.5% |
| Other operating charges | 640/8 | €822 | €1,975 | +€1,153 | +140.3% |
| Gross operating margin | 9900 | €14,355 | €34,183 | +€19,828 | +138.1% |
| Operating profit (loss) | 9901 | €12,559 | €31,103 | +€18,543 | +147.6% |
| Financial income | 75/76B | - | €161 | +€161 | |
| Recurring financial income | 75 | - | €161 | +€161 | |
| Financial charges | 65/66B | €7 | €44 | +€37 | +519.5% |
| Recurring financial charges | 65 | €7 | €44 | +€37 | +519.5% |
| Profit (loss) for the period before taxes | 9903 | €12,552 | €31,220 | +€18,668 | +148.7% |
| Income taxes | 67/77 | €2,738 | €6,903 | +€4,164 | +152.1% |
| Profit (loss) for the period | 9904 | €9,814 | €24,318 | +€14,503 | +147.8% |
| Profit (loss) for the period to be appropriated | 9905 | €9,814 | €24,318 | +€14,503 | +147.8% |
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.