KINECHEZVOUS: 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.
KINECHEZVOUS
Largest movements
- Deferred charges and accrued income -€70,265
down €70,265 (-89.9%), from €78,174 to €7,909
- Receivables within one year +€65,183
up €65,183 (+1,444%), from €4,515 to €69,698
of which Trade receivables: +€62,683
- Cash +€6,275
up €6,275 (+7.0%), from €89,843 to €96,118
mainly Deferred charges and accrued income (+€70,265) and Other debts (+€44,842)
- Financial fixed assets -€4,848
down €4,848 (-73.1%), from €6,637 to €1,789
- Profit (loss) carried forward -€87,312
down €87,312, from €76,026 to -€11,286
- Other debts +€44,842
up €44,842 (+3,179%), from €1,411 to €46,252
- Trade debts +€31,558
up €31,558 (+91.5%), from €34,488 to €66,046
- Tax, wage and social debts +€6,420
up €6,420 (+10.1%), from €63,319 to €69,739
of which Remuneration and social security: +€11,977
- Staff costs +€112,776
up €112,776 (+31.9%), from €353,802 to €466,578
- Taxes -€20,354
down €20,354 (-100%), from €20,354 to €0
- Gross operating margin +€11,726
up €11,726 (+2.6%), from €451,159 to €462,885
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 | €190,244 | €185,751 | -€4,493 | -2.4% |
| Formation expenses | 20 | €322 | €31 | -€291 | -90.2% |
| Fixed assets | 21/28 | €17,389 | €11,995 | -€5,394 | -31.0% |
| Tangible fixed assets | 22/27 | €10,752 | €10,206 | -€546 | -5.1% |
| Furniture and vehicles | 24 | €10,752 | €10,206 | -€546 | -5.1% |
| Financial fixed assets | 28 | €6,637 | €1,789 | -€4,848 | -73.1% |
| Current assets | 29/58 | €172,533 | €173,725 | +€1,192 | +0.7% |
| Amounts receivable within one year | 40/41 | €4,515 | €69,698 | +€65,183 | +1,444% |
| Trade receivables | 40 | €4,515 | €67,198 | +€62,683 | +1,388% |
| Other amounts receivable | 41 | €0 | €2,500 | +€2,500 | |
| Cash at bank and in hand | 54/58 | €89,843 | €96,118 | +€6,275 | +7.0% |
| Deferred charges and accrued income | 490/1 | €78,174 | €7,909 | -€70,265 | -89.9% |
| Total equity and liabilities | 10/49 | €190,244 | €185,751 | -€4,493 | -2.4% |
| Equity | 10/15 | €91,026 | €3,714 | -€87,312 | -95.9% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €76,026 | -€11,286 | -€87,312 | |
| Amounts payable | 17/49 | €99,218 | €182,037 | +€82,820 | +83.5% |
| Amounts payable within one year | 42/48 | €99,218 | €182,037 | +€82,820 | +83.5% |
| Trade debts | 44 | €34,488 | €66,046 | +€31,558 | +91.5% |
| Suppliers | 440/4 | €34,488 | €66,046 | +€31,558 | +91.5% |
| Taxes, remuneration and social security | 45 | €63,319 | €69,739 | +€6,420 | +10.1% |
| Taxes | 450/3 | €38,923 | €33,366 | -€5,557 | -14.3% |
| Remuneration and social security | 454/9 | €24,396 | €36,373 | +€11,977 | +49.1% |
| Other amounts payable | 47/48 | €1,411 | €46,252 | +€44,842 | +3,179% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €353,802 | €466,578 | +€112,776 | +31.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,005 | €6,975 | -€1,030 | -12.9% |
| Other operating charges | 640/8 | €930 | €898 | -€32 | -3.4% |
| Gross operating margin | 9900 | €451,159 | €462,885 | +€11,726 | +2.6% |
| Operating profit (loss) | 9901 | €88,422 | -€11,566 | -€99,988 | |
| Financial income | 75/76B | - | €558 | +€558 | |
| Recurring financial income | 75 | - | €558 | +€558 | |
| Financial charges | 65/66B | €271 | €279 | +€8 | +2.9% |
| Recurring financial charges | 65 | €271 | €279 | +€8 | +2.9% |
| Profit (loss) for the period before taxes | 9903 | €88,151 | -€11,286 | -€99,437 | |
| Income taxes | 67/77 | €20,354 | €0 | -€20,354 | -100% |
| Profit (loss) for the period | 9904 | €67,797 | -€11,286 | -€79,083 | |
| Profit (loss) for the period to be appropriated | 9905 | €67,797 | -€11,286 | -€79,083 |
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.