Kinecare: what changed
Kinecare
Largest movements
- Receivables within one year -€37,707
down €37,707 (-99.2%), from €38,012 to €305
of which Other amounts receivable: -€38,012
- Tangible fixed assets -€14,813
down €14,813 (-17.9%), from €82,634 to €67,821
of which Plant, machinery and equipment: -€7,670
- Cash +€13,261
up €13,261 (+18.7%), from €70,837 to €84,097
mainly Receivables within one year (+€37,707) and Trade debts (+€35,422)
- Accrued charges and deferred income -€50,687
no longer reported in 2025 (was €50,687)
- Trade debts +€35,422
up €35,422 (+84.9%), from €41,716 to €77,138
- Profit (loss) carried forward -€25,893
down €25,893 (-40.6%), from €63,797 to €37,904
- Tax, wage and social debts +€12,275
up €12,275 (+1,587%), from €774 to €13,049
of which Taxes: +€12,242
- Debts after one year -€10,162
down €10,162 (-57.0%), from €17,832 to €7,670
- Gross operating margin +€38,574
up €38,574 (+113%), from €34,241 to €72,815
- Taxes +€10,897
up €10,897 (+810%), from €1,345 to €12,242
- Depreciation -€1,425
down €1,425 (-7.4%), from €19,371 to €17,947
- Staff costs +€1,351
up €1,351 (+18.0%), from €7,508 to €8,859
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €195,388 | €156,652 | -€38,736 | -19.8% |
| Fixed assets | 21/28 | €82,634 | €67,821 | -€14,813 | -17.9% |
| Tangible fixed assets | 22/27 | €82,634 | €67,821 | -€14,813 | -17.9% |
| Land and buildings | 22 | €50,501 | €43,357 | -€7,143 | -14.1% |
| Plant, machinery and equipment | 23 | €32,134 | €24,464 | -€7,670 | -23.9% |
| Current assets | 29/58 | €112,754 | €88,830 | -€23,923 | -21.2% |
| Amounts receivable within one year | 40/41 | €38,012 | €305 | -€37,707 | -99.2% |
| Trade receivables | 40 | - | €305 | +€305 | |
| Other amounts receivable | 41 | €38,012 | - | -€38,012 | |
| Cash at bank and in hand | 54/58 | €70,837 | €84,097 | +€13,261 | +18.7% |
| Deferred charges and accrued income | 490/1 | €3,905 | €4,428 | +€523 | +13.4% |
| Total equity and liabilities | 10/49 | €195,388 | €156,652 | -€38,736 | -19.8% |
| Equity | 10/15 | €73,797 | €47,904 | -€25,893 | -35.1% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €63,797 | €37,904 | -€25,893 | -40.6% |
| Amounts payable | 17/49 | €121,591 | €108,747 | -€12,843 | -10.6% |
| Amounts payable after more than one year | 17 | €17,832 | €7,670 | -€10,162 | -57.0% |
| Financial debts | 170/4 | €17,832 | €7,670 | -€10,162 | -57.0% |
| Amounts payable within one year | 42/48 | €53,072 | €101,077 | +€48,006 | +90.5% |
| Current portion of amounts payable after more than one year | 42 | €10,089 | €10,162 | +€73 | +0.7% |
| Trade debts | 44 | €41,716 | €77,138 | +€35,422 | +84.9% |
| Suppliers | 440/4 | €41,716 | €77,138 | +€35,422 | +84.9% |
| Taxes, remuneration and social security | 45 | €774 | €13,049 | +€12,275 | +1,587% |
| Taxes | 450/3 | - | €12,242 | +€12,242 | |
| Remuneration and social security | 454/9 | €774 | €807 | +€33 | +4.3% |
| Other amounts payable | 47/48 | €493 | €728 | +€235 | +47.8% |
| Accrued charges and deferred income | 492/3 | €50,687 | - | -€50,687 | |
| Remuneration, social security and pensions | 62 | €7,508 | €8,859 | +€1,351 | +18.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,371 | €17,947 | -€1,425 | -7.4% |
| Other operating charges | 640/8 | - | €248 | +€248 | |
| Gross operating margin | 9900 | €34,241 | €72,815 | +€38,574 | +113% |
| Operating profit (loss) | 9901 | €7,361 | €45,761 | +€38,400 | +522% |
| Financial income | 75/76B | €0 | €10 | +€10 | +50,700% |
| Recurring financial income | 75 | €0 | €10 | +€10 | +50,700% |
| Financial charges | 65/66B | €1,313 | €598 | -€715 | -54.4% |
| Recurring financial charges | 65 | €1,313 | €598 | -€715 | -54.4% |
| Profit (loss) for the period before taxes | 9903 | €6,049 | €45,173 | +€39,124 | +647% |
| Income taxes | 67/77 | €1,345 | €12,242 | +€10,897 | +810% |
| Profit (loss) for the period | 9904 | €4,704 | €32,931 | +€28,227 | +600% |
| Profit (loss) for the period to be appropriated | 9905 | €4,704 | €32,931 | +€28,227 | +600% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.