KINEAFFLIGEM: 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.
KINEAFFLIGEM
Largest movements
- Cash +€20,517
up €20,517 (+58.1%), from €35,291 to €55,808
mainly Net result for the year (+€18,357) and Depreciation (+€11,107)
- Tangible fixed assets -€8,607
down €8,607 (-25.9%), from €33,278 to €24,671
of which Other tangible fixed assets: -€6,438
- Receivables within one year -€6,958
down €6,958 (-86.5%), from €8,043 to €1,085
- Intangible fixed assets -€2,500
down €2,500 (-17.1%), from €14,590 to €12,090
- Profit (loss) carried forward +€18,357
up €18,357, from -€9,765 to €8,593
- Other debts -€6,923
down €6,923 (-24.2%), from €28,652 to €21,730
- Debts after one year -€3,104
down €3,104 (-28.1%), from €11,048 to €7,943
- Current portion of long-term debt -€2,780
down €2,780 (-47.2%), from €5,884 to €3,104
- Trade debts -€1,963
down €1,963 (-61.1%), from €3,210 to €1,247
- Gross operating margin +€9,295
up €9,295 (+30.8%), from €30,228 to €39,523
- Taxes +€2,866
up €2,866 (+45.4%), from €6,306 to €9,172
- Other operating charges +€2,064
up €2,064 (+508%), from €407 to €2,470
- Financial income +€1,936
up €1,936 (+1,613,267%), from €0 to €1,936
of which Non-recurring financial income: +€1,936
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 | €91,580 | €94,317 | +€2,738 | +3.0% |
| Fixed assets | 21/28 | €47,869 | €36,761 | -€11,107 | -23.2% |
| Intangible fixed assets | 21 | €14,590 | €12,090 | -€2,500 | -17.1% |
| Tangible fixed assets | 22/27 | €33,278 | €24,671 | -€8,607 | -25.9% |
| Plant, machinery and equipment | 23 | €1,971 | €1,130 | -€841 | -42.7% |
| Furniture and vehicles | 24 | €5,122 | €3,794 | -€1,328 | -25.9% |
| Other tangible fixed assets | 26 | €26,185 | €19,747 | -€6,438 | -24.6% |
| Current assets | 29/58 | €43,711 | €57,556 | +€13,845 | +31.7% |
| Amounts receivable within one year | 40/41 | €8,043 | €1,085 | -€6,958 | -86.5% |
| Trade receivables | 40 | €8,043 | €1,085 | -€6,958 | -86.5% |
| Cash at bank and in hand | 54/58 | €35,291 | €55,808 | +€20,517 | +58.1% |
| Deferred charges and accrued income | 490/1 | €377 | €664 | +€286 | +75.8% |
| Total equity and liabilities | 10/49 | €91,580 | €94,317 | +€2,738 | +3.0% |
| Equity | 10/15 | €40,235 | €58,593 | +€18,357 | +45.6% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,765 | €8,593 | +€18,357 | |
| Amounts payable | 17/49 | €51,344 | €35,725 | -€15,619 | -30.4% |
| Amounts payable after more than one year | 17 | €11,048 | €7,943 | -€3,104 | -28.1% |
| Financial debts | 170/4 | €11,048 | €7,943 | -€3,104 | -28.1% |
| Amounts payable within one year | 42/48 | €40,297 | €27,781 | -€12,515 | -31.1% |
| Current portion of amounts payable after more than one year | 42 | €5,884 | €3,104 | -€2,780 | -47.2% |
| Trade debts | 44 | €3,210 | €1,247 | -€1,963 | -61.1% |
| Suppliers | 440/4 | €3,210 | €1,247 | -€1,963 | -61.1% |
| Taxes, remuneration and social security | 45 | €2,550 | €1,700 | -€850 | -33.3% |
| Taxes | 450/3 | €2,550 | €1,700 | -€850 | -33.3% |
| Other amounts payable | 47/48 | €28,652 | €21,730 | -€6,923 | -24.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,107 | €11,107 | = | 0.0% |
| Other operating charges | 640/8 | €407 | €2,470 | +€2,064 | +508% |
| Gross operating margin | 9900 | €30,228 | €39,523 | +€9,295 | +30.8% |
| Operating profit (loss) | 9901 | €18,713 | €25,945 | +€7,231 | +38.6% |
| Financial income | 75/76B | €0 | €1,936 | +€1,936 | +1,613,267% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -66.7% |
| Non-recurring financial income | 76B | - | €1,936 | +€1,936 | |
| Financial charges | 65/66B | €432 | €352 | -€81 | -18.7% |
| Recurring financial charges | 65 | €432 | €352 | -€81 | -18.7% |
| Profit (loss) for the period before taxes | 9903 | €18,281 | €27,529 | +€9,248 | +50.6% |
| Income taxes | 67/77 | €6,306 | €9,172 | +€2,866 | +45.4% |
| Profit (loss) for the period | 9904 | €11,975 | €18,357 | +€6,382 | +53.3% |
| Profit (loss) for the period to be appropriated | 9905 | €11,975 | €18,357 | +€6,382 | +53.3% |
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 1 November 2026 via checked.be.