KINECENTRUM LEDEBERG: 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.
KINECENTRUM LEDEBERG
Largest movements
- Cash +€17,098
up €17,098 (+30.0%), from €56,943 to €74,041
mainly Depreciation (+€30,180) and Net result for the year (+€29,037)
- Tangible fixed assets -€15,279
down €15,279 (-6.8%), from €223,369 to €208,090
of which Land and buildings: -€25,199
- Receivables within one year -€5,677
down €5,677 (-7.4%), from €76,520 to €70,843
of which Trade receivables: -€11,792
- Debts after one year -€32,809
down €32,809 (-16.8%), from €194,763 to €161,954
- Reserves +€29,037
up €29,037 (+54.4%), from €53,387 to €82,424
of which Distributable reserves: +€29,037
- Tax, wage and social debts +€13,377
up €13,377 (+23.0%), from €58,219 to €71,595
of which Taxes: +€8,706
- Other debts -€8,067
down €8,067 (-100%), from €8,067 to €0
- Trade debts -€3,998
down €3,998 (-91.7%), from €4,357 to €360
- Gross operating margin -€17,677
down €17,677 (-15.4%), from €115,043 to €97,365
- Depreciation -€12,095
down €12,095 (-28.6%), from €42,276 to €30,180
- Taxes -€1,909
down €1,909 (-12.6%), from €15,183 to €13,274
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 | €360,579 | €355,678 | -€4,901 | -1.4% |
| Fixed assets | 21/28 | €223,369 | €208,090 | -€15,279 | -6.8% |
| Tangible fixed assets | 22/27 | €223,369 | €208,090 | -€15,279 | -6.8% |
| Land and buildings | 22 | €215,930 | €190,731 | -€25,199 | -11.7% |
| Plant, machinery and equipment | 23 | €3,184 | €9,256 | +€6,072 | +191% |
| Furniture and vehicles | 24 | €4,255 | €8,103 | +€3,848 | +90.4% |
| Current assets | 29/58 | €137,210 | €147,588 | +€10,379 | +7.6% |
| Amounts receivable within one year | 40/41 | €76,520 | €70,843 | -€5,677 | -7.4% |
| Trade receivables | 40 | €67,110 | €55,317 | -€11,792 | -17.6% |
| Other amounts receivable | 41 | €9,411 | €15,525 | +€6,115 | +65.0% |
| Cash at bank and in hand | 54/58 | €56,943 | €74,041 | +€17,098 | +30.0% |
| Deferred charges and accrued income | 490/1 | €3,746 | €2,704 | -€1,042 | -27.8% |
| Total equity and liabilities | 10/49 | €360,579 | €355,678 | -€4,901 | -1.4% |
| Equity | 10/15 | €59,587 | €88,624 | +€29,037 | +48.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €53,387 | €82,424 | +€29,037 | +54.4% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €53,387 | €82,424 | +€29,037 | +54.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €300,991 | €267,054 | -€33,938 | -11.3% |
| Amounts payable after more than one year | 17 | €194,763 | €161,954 | -€32,809 | -16.8% |
| Financial debts | 170/4 | €194,763 | €161,954 | -€32,809 | -16.8% |
| Amounts payable within one year | 42/48 | €106,228 | €105,100 | -€1,128 | -1.1% |
| Current portion of amounts payable after more than one year | 42 | €35,585 | €33,145 | -€2,440 | -6.9% |
| Trade debts | 44 | €4,357 | €360 | -€3,998 | -91.7% |
| Suppliers | 440/4 | €4,357 | €360 | -€3,998 | -91.7% |
| Taxes, remuneration and social security | 45 | €58,219 | €71,595 | +€13,377 | +23.0% |
| Taxes | 450/3 | €9,244 | €17,950 | +€8,706 | +94.2% |
| Remuneration and social security | 454/9 | €48,975 | €53,646 | +€4,671 | +9.5% |
| Other amounts payable | 47/48 | €8,067 | €0 | -€8,067 | -100% |
| Remuneration, social security and pensions | 62 | €15,147 | €15,049 | -€98 | -0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,276 | €30,180 | -€12,095 | -28.6% |
| Other operating charges | 640/8 | €3,516 | €3,230 | -€286 | -8.1% |
| Gross operating margin | 9900 | €115,043 | €97,365 | -€17,677 | -15.4% |
| Operating profit (loss) | 9901 | €54,105 | €48,906 | -€5,198 | -9.6% |
| Financial income | 75/76B | €42 | €150 | +€109 | +262% |
| Recurring financial income | 75 | €42 | €150 | +€109 | +262% |
| Financial charges | 65/66B | €6,162 | €6,746 | +€584 | +9.5% |
| Recurring financial charges | 65 | €6,162 | €6,746 | +€584 | +9.5% |
| Profit (loss) for the period before taxes | 9903 | €47,984 | €42,311 | -€5,674 | -11.8% |
| Income taxes | 67/77 | €15,183 | €13,274 | -€1,909 | -12.6% |
| Profit (loss) for the period | 9904 | €32,801 | €29,037 | -€3,765 | -11.5% |
| Profit (loss) for the period to be appropriated | 9905 | €32,801 | €29,037 | -€3,765 | -11.5% |
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 23 October 2026 via checked.be.