KINECHEREMONT: 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.
KINECHEREMONT
Largest movements
- Cash +€12,648
up €12,648 (+16.6%), from €76,194 to €88,843
mainly Depreciation (+€14,928) and Net result for the year (+€11,033)
- Tangible fixed assets -€6,821
down €6,821 (-16.7%), from €40,830 to €34,009
of which Furniture and vehicles: -€11,838
- Receivables within one year +€5,399
up €5,399 (+42.8%), from €12,610 to €18,009
of which Other amounts receivable: +€4,647
- Reserves +€10,500
up €10,500 (+58.3%), from €18,000 to €28,500
- Other debts +€6,738
new in 2025: €6,738
- Short-term financial debts -€6,208
down €6,208 (-83.3%), from €7,450 to €1,242
- Gross operating margin +€22,949
up €22,949 (+228%), from €10,065 to €33,014
- Taxes +€7,114
up €7,114, from -€1,711 to €5,403
- Write-downs +€1,000
new in 2025: €1,000
- Depreciation +€618
up €618 (+4.3%), from €14,311 to €14,928
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 | €129,684 | €141,054 | +€11,370 | +8.8% |
| Fixed assets | 21/28 | €40,880 | €34,059 | -€6,821 | -16.7% |
| Tangible fixed assets | 22/27 | €40,830 | €34,009 | -€6,821 | -16.7% |
| Plant, machinery and equipment | 23 | €15,404 | €20,420 | +€5,016 | +32.6% |
| Furniture and vehicles | 24 | €25,426 | €13,589 | -€11,838 | -46.6% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €88,804 | €106,996 | +€18,192 | +20.5% |
| Amounts receivable within one year | 40/41 | €12,610 | €18,009 | +€5,399 | +42.8% |
| Trade receivables | 40 | €7,693 | €8,445 | +€753 | +9.8% |
| Other amounts receivable | 41 | €4,917 | €9,564 | +€4,647 | +94.5% |
| Cash at bank and in hand | 54/58 | €76,194 | €88,843 | +€12,648 | +16.6% |
| Deferred charges and accrued income | 490/1 | - | €144 | +€144 | |
| Total equity and liabilities | 10/49 | €129,684 | €141,054 | +€11,370 | +8.8% |
| Equity | 10/15 | €119,742 | €130,775 | +€11,033 | +9.2% |
| Contributions | 10/11 | €11,860 | €11,860 | = | 0.0% |
| Capital | 10 | €11,860 | €11,860 | = | 0.0% |
| Issued capital | 100 | €11,860 | €11,860 | = | 0.0% |
| Reserves | 13 | €18,000 | €28,500 | +€10,500 | +58.3% |
| Distributable reserves | 133 | €18,000 | €28,500 | +€10,500 | +58.3% |
| Profit (loss) carried forward | 14 | €89,882 | €90,415 | +€533 | +0.6% |
| Amounts payable | 17/49 | €9,942 | €10,279 | +€338 | +3.4% |
| Amounts payable after more than one year | 17 | €1,242 | - | -€1,242 | |
| Financial debts | 170/4 | €1,242 | - | -€1,242 | |
| Amounts payable within one year | 42/48 | €8,700 | €10,279 | +€1,579 | +18.2% |
| Financial debts | 43 | €7,450 | €1,242 | -€6,208 | -83.3% |
| Credit institutions | 430/8 | €7,450 | €1,242 | -€6,208 | -83.3% |
| Trade debts | 44 | - | €1,250 | +€1,250 | |
| Suppliers | 440/4 | - | €1,250 | +€1,250 | |
| Taxes, remuneration and social security | 45 | €1,250 | €1,050 | -€200 | -16.0% |
| Taxes | 450/3 | €1,250 | €1,050 | -€200 | -16.0% |
| Other amounts payable | 47/48 | - | €6,738 | +€6,738 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,311 | €14,928 | +€618 | +4.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,000 | +€1,000 | |
| Other operating charges | 640/8 | €325 | €345 | +€20 | +6.2% |
| Gross operating margin | 9900 | €10,065 | €33,014 | +€22,949 | +228% |
| Operating profit (loss) | 9901 | -€4,571 | €16,740 | +€21,311 | |
| Financial income | 75/76B | €1 | €10 | +€10 | +1,900% |
| Recurring financial income | 75 | €1 | €10 | +€10 | +1,900% |
| Financial charges | 65/66B | €309 | €314 | +€5 | +1.7% |
| Recurring financial charges | 65 | €309 | €314 | +€5 | +1.7% |
| Profit (loss) for the period before taxes | 9903 | -€4,879 | €16,436 | +€21,315 | |
| Income taxes | 67/77 | -€1,711 | €5,403 | +€7,114 | |
| Profit (loss) for the period | 9904 | -€3,168 | €11,033 | +€14,201 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,168 | €11,033 | +€14,201 |
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 26 October 2026 via checked.be.