KINEBEVEL: 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.
KINEBEVEL
Largest movements
- Cash +€128,583
new in 2025: €128,583
mainly Net result for the year (+€139,736) and Tax, wage and social debts (+€50,809)
- Current investments -€29,047
no longer reported in 2025 (was €29,047)
- Deferred charges and accrued income +€14,177
new in 2025: €14,177
- Tangible fixed assets -€7,694
down €7,694 (-9.3%), from €82,397 to €74,702
- Profit (loss) carried forward +€139,736
up €139,736 (+852%), from €16,393 to €156,129
- Other debts -€81,504
down €81,504 (-95.6%), from €85,250 to €3,746
- Tax, wage and social debts +€50,809
up €50,809 (+893%), from €5,687 to €56,495
- Gross operating margin +€185,610
up €185,610 (+800%), from €23,206 to €208,816
- Taxes +€44,195
up €44,195 (+777%), from €5,687 to €49,881
- Depreciation +€13,674
up €13,674 (+1,330%), from €1,028 to €14,702
- Financial charges +€2,625
up €2,625 (+2,663%), from €99 to €2,724
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 | €111,444 | €219,129 | +€107,685 | +96.6% |
| Fixed assets | 21/28 | €82,397 | €74,702 | -€7,694 | -9.3% |
| Tangible fixed assets | 22/27 | €82,397 | €74,702 | -€7,694 | -9.3% |
| Plant, machinery and equipment | 23 | €48,253 | €44,509 | -€3,743 | -7.8% |
| Furniture and vehicles | 24 | €8,304 | €6,261 | -€2,043 | -24.6% |
| Other tangible fixed assets | 26 | €25,840 | €23,932 | -€1,908 | -7.4% |
| Current assets | 29/58 | €29,047 | €144,426 | +€115,379 | +397% |
| Amounts receivable within one year | 40/41 | - | €1,667 | +€1,667 | |
| Trade receivables | 40 | - | €1,667 | +€1,667 | |
| Current investments | 50/53 | €29,047 | - | -€29,047 | |
| Cash at bank and in hand | 54/58 | - | €128,583 | +€128,583 | |
| Deferred charges and accrued income | 490/1 | - | €14,177 | +€14,177 | |
| Total equity and liabilities | 10/49 | €111,444 | €219,129 | +€107,685 | +96.6% |
| Equity | 10/15 | €16,593 | €156,329 | +€139,736 | +842% |
| Contributions | 10/11 | €200 | €200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,393 | €156,129 | +€139,736 | +852% |
| Amounts payable | 17/49 | €94,851 | €62,800 | -€32,051 | -33.8% |
| Amounts payable within one year | 42/48 | €94,851 | €62,800 | -€32,051 | -33.8% |
| Trade debts | 44 | €3,915 | €2,559 | -€1,356 | -34.6% |
| Suppliers | 440/4 | €3,915 | €2,559 | -€1,356 | -34.6% |
| Taxes, remuneration and social security | 45 | €5,687 | €56,495 | +€50,809 | +893% |
| Taxes | 450/3 | €5,687 | €56,495 | +€50,809 | +893% |
| Other amounts payable | 47/48 | €85,250 | €3,746 | -€81,504 | -95.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,028 | €14,702 | +€13,674 | +1,330% |
| Other operating charges | 640/8 | - | €1,773 | +€1,773 | |
| Gross operating margin | 9900 | €23,206 | €208,816 | +€185,610 | +800% |
| Operating profit (loss) | 9901 | €22,178 | €192,341 | +€170,163 | +767% |
| Financial charges | 65/66B | €99 | €2,724 | +€2,625 | +2,663% |
| Recurring financial charges | 65 | €99 | €2,724 | +€2,625 | +2,663% |
| Profit (loss) for the period before taxes | 9903 | €22,079 | €189,617 | +€167,538 | +759% |
| Income taxes | 67/77 | €5,687 | €49,881 | +€44,195 | +777% |
| Profit (loss) for the period | 9904 | €16,393 | €139,736 | +€123,343 | +752% |
| Profit (loss) for the period to be appropriated | 9905 | €16,393 | €139,736 | +€123,343 | +752% |
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 14 October 2026 via checked.be.