KineBust: 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.
KineBust
Largest movements
- Cash +€12,418
up €12,418 (+10.7%), from €115,772 to €128,190
mainly Other debts (+€110,693) and Net result for the year (+€41,141)
- Intangible fixed assets -€11,674
down €11,674 (-16.1%), from €72,385 to €60,711
- Receivables within one year +€4,740
up €4,740 (+194.3%), from €2,439 to €7,179
of which Other amounts receivable: +€2,660
- Tangible fixed assets -€3,672
down €3,672 (-9.9%), from €37,205 to €33,533
of which Furniture and vehicles: -€3,320
- Other debts +€110,693
up €110,693 (+683.8%), from €16,187 to €126,880
- Reserves -€82,859
down €82,859 (-66.8%), from €124,102 to €41,243
- Debts after one year -€24,730
down €24,730 (-49.1%), from €50,355 to €25,625
- Gross operating margin +€5,496
up €5,496 (+7.4%), from €74,355 to €79,851
- Taxes +€1,289
up €1,289 (+11.7%), from €11,051 to €12,340
- Financial charges -€1,043
down €1,043 (-36.4%), from €2,870 to €1,827
- Depreciation +€916
up €916 (+4.0%), from €22,713 to €23,629
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 | €228,703 | €230,464 | +€1,761 | +0.8% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €109,590 | €94,244 | -€15,346 | -14.0% |
| Intangible fixed assets | 21 | €72,385 | €60,711 | -€11,674 | -16.1% |
| Tangible fixed assets | 22/27 | €37,205 | €33,533 | -€3,672 | -9.9% |
| Furniture and vehicles | 24 | €36,107 | €32,787 | -€3,320 | -9.2% |
| Other tangible fixed assets | 26 | €1,098 | €746 | -€352 | -32.1% |
| Assets under construction and advance payments | 27 | €0 | €0 | = | |
| Current assets | 29/58 | €119,114 | €136,221 | +€17,107 | +14.4% |
| Amounts receivable within one year | 40/41 | €2,439 | €7,179 | +€4,740 | +194.3% |
| Trade receivables | 40 | €990 | €3,070 | +€2,080 | +210.1% |
| Other amounts receivable | 41 | €1,449 | €4,109 | +€2,660 | +183.5% |
| Cash at bank and in hand | 54/58 | €115,772 | €128,190 | +€12,418 | +10.7% |
| Deferred charges and accrued income | 490/1 | €902 | €851 | -€51 | -5.7% |
| Total equity and liabilities | 10/49 | €228,703 | €230,464 | +€1,761 | +0.8% |
| Equity | 10/15 | €134,102 | €51,243 | -€82,859 | -61.8% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €124,102 | €41,243 | -€82,859 | -66.8% |
| Distributable reserves | 133 | €124,102 | €41,243 | -€82,859 | -66.8% |
| Amounts payable | 17/49 | €94,601 | €179,221 | +€84,620 | +89.4% |
| Amounts payable after more than one year | 17 | €50,355 | €25,625 | -€24,730 | -49.1% |
| Financial debts | 170/4 | €50,355 | €25,625 | -€24,730 | -49.1% |
| Amounts payable within one year | 42/48 | €44,247 | €153,597 | +€109,350 | +247.1% |
| Current portion of amounts payable after more than one year | 42 | €24,136 | €24,730 | +€594 | +2.5% |
| Trade debts | 44 | €3,924 | €1,986 | -€1,937 | -49.4% |
| Suppliers | 440/4 | €3,924 | €1,986 | -€1,937 | -49.4% |
| Taxes, remuneration and social security | 45 | €0 | €0 | = | |
| Taxes | 450/3 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €16,187 | €126,880 | +€110,693 | +683.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,713 | €23,629 | +€916 | +4.0% |
| Other operating charges | 640/8 | €846 | €934 | +€89 | +10.5% |
| Gross operating margin | 9900 | €74,355 | €79,851 | +€5,496 | +7.4% |
| Operating profit (loss) | 9901 | €50,796 | €55,288 | +€4,492 | +8.8% |
| Financial income | 75/76B | €4 | €20 | +€16 | +361.9% |
| Recurring financial income | 75 | €4 | €20 | +€16 | +361.9% |
| Financial charges | 65/66B | €2,870 | €1,827 | -€1,043 | -36.4% |
| Recurring financial charges | 65 | €2,870 | €1,827 | -€1,043 | -36.4% |
| Profit (loss) for the period before taxes | 9903 | €47,930 | €53,481 | +€5,551 | +11.6% |
| Income taxes | 67/77 | €11,051 | €12,340 | +€1,289 | +11.7% |
| Profit (loss) for the period | 9904 | €36,880 | €41,141 | +€4,261 | +11.6% |
| Profit (loss) for the period to be appropriated | 9905 | €36,880 | €41,141 | +€4,261 | +11.6% |
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 4 October 2026 via checked.be.