KINEACTIVE: 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.
KINEACTIVE
Largest movements
- Deferred charges and accrued income +€12,955
up €12,955 (+43.8%), from €29,545 to €42,500
- Tangible fixed assets -€10,640
down €10,640 (-18.0%), from €58,984 to €48,344
of which Furniture and vehicles: -€7,854
- Cash +€4,652
up €4,652 (+5.2%), from €89,522 to €94,174
mainly Other debts (+€40,120) and Depreciation (+€8,985)
- Other debts +€40,120
up €40,120 (+71.2%), from €56,346 to €96,466
- Tax, wage and social debts -€14,034
down €14,034 (-91.9%), from €15,278 to €1,244
of which Remuneration and social security: -€15,000
- Profit (loss) carried forward -€9,387
down €9,387 (-44.5%), from €21,089 to €11,702
- Debts after one year -€3,643
down €3,643 (-10.1%), from €36,204 to €32,561
- Accrued charges and deferred income -€3,565
down €3,565 (-89.9%), from €3,965 to €400
- Gross operating margin -€23,750
down €23,750 (-89.0%), from €26,676 to €2,926
- Financial charges -€4,278
down €4,278 (-87.0%), from €4,918 to €641
- Taxes -€3,116
down €3,116 (-95.0%), from €3,278 to €163
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 | €179,235 | €187,856 | +€8,621 | +4.8% |
| Fixed assets | 21/28 | €58,984 | €48,344 | -€10,640 | -18.0% |
| Tangible fixed assets | 22/27 | €58,984 | €48,344 | -€10,640 | -18.0% |
| Land and buildings | 22 | €42,380 | €39,594 | -€2,786 | -6.6% |
| Furniture and vehicles | 24 | €16,604 | €8,750 | -€7,854 | -47.3% |
| Current assets | 29/58 | €120,251 | €139,512 | +€19,260 | +16.0% |
| Amounts receivable within one year | 40/41 | €1,184 | €2,837 | +€1,653 | +140% |
| Other amounts receivable | 41 | €1,184 | €2,837 | +€1,653 | +140% |
| Cash at bank and in hand | 54/58 | €89,522 | €94,174 | +€4,652 | +5.2% |
| Deferred charges and accrued income | 490/1 | €29,545 | €42,500 | +€12,955 | +43.8% |
| Total equity and liabilities | 10/49 | €179,235 | €187,856 | +€8,621 | +4.8% |
| Equity | 10/15 | €61,788 | €52,401 | -€9,387 | -15.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €28,299 | €28,299 | = | 0.0% |
| Distributable reserves | 133 | €28,299 | €28,299 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,089 | €11,702 | -€9,387 | -44.5% |
| Amounts payable | 17/49 | €117,448 | €135,455 | +€18,008 | +15.3% |
| Amounts payable after more than one year | 17 | €36,204 | €32,561 | -€3,643 | -10.1% |
| Financial debts | 170/4 | €36,204 | €32,561 | -€3,643 | -10.1% |
| Amounts payable within one year | 42/48 | €77,278 | €102,494 | +€25,216 | +32.6% |
| Current portion of amounts payable after more than one year | 42 | €3,597 | €3,643 | +€46 | +1.3% |
| Trade debts | 44 | €2,057 | €1,141 | -€916 | -44.5% |
| Suppliers | 440/4 | €2,057 | €1,141 | -€916 | -44.5% |
| Taxes, remuneration and social security | 45 | €15,278 | €1,244 | -€14,034 | -91.9% |
| Taxes | 450/3 | €278 | €1,244 | +€966 | +347% |
| Remuneration and social security | 454/9 | €15,000 | €0 | -€15,000 | -100% |
| Other amounts payable | 47/48 | €56,346 | €96,466 | +€40,120 | +71.2% |
| Accrued charges and deferred income | 492/3 | €3,965 | €400 | -€3,565 | -89.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,053 | €8,985 | -€68 | -0.8% |
| Other operating charges | 640/8 | €787 | €870 | +€83 | +10.6% |
| Non-recurring operating charges | 66A | - | €1,654 | +€1,654 | |
| Gross operating margin | 9900 | €26,676 | €2,926 | -€23,750 | -89.0% |
| Operating profit (loss) | 9901 | €16,836 | -€8,584 | -€25,419 | |
| Financial charges | 65/66B | €4,918 | €641 | -€4,278 | -87.0% |
| Recurring financial charges | 65 | €4,918 | €641 | -€4,278 | -87.0% |
| Profit (loss) for the period before taxes | 9903 | €11,917 | -€9,224 | -€21,142 | |
| Income taxes | 67/77 | €3,278 | €163 | -€3,116 | -95.0% |
| Profit (loss) for the period | 9904 | €8,639 | -€9,387 | -€18,026 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,639 | -€9,387 | -€18,026 |
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.