KINECHRIS: 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.
KINECHRIS
Largest movements
- Tangible fixed assets -€19,853
down €19,853 (-14.7%), from €135,112 to €115,259
of which Furniture and vehicles: -€13,106
- Deferred charges and accrued income +€5,749
up €5,749 (+97.3%), from €5,908 to €11,657
- Other debts -€8,092
down €8,092 (-8.6%), from €94,170 to €86,078
- Debts after one year -€5,616
down €5,616 (-17.4%), from €32,283 to €26,667
- Taxes +€2,624
up €2,624 (+10.0%), from €26,263 to €28,887
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 | €253,223 | €237,350 | -€15,873 | -6.3% |
| Fixed assets | 21/28 | €135,212 | €115,359 | -€19,853 | -14.7% |
| Tangible fixed assets | 22/27 | €135,112 | €115,259 | -€19,853 | -14.7% |
| Land and buildings | 22 | €114,037 | €107,039 | -€6,998 | -6.1% |
| Plant, machinery and equipment | 23 | €188 | €1,599 | +€1,410 | +749.3% |
| Furniture and vehicles | 24 | €19,240 | €6,134 | -€13,106 | -68.1% |
| Other tangible fixed assets | 26 | €1,647 | €487 | -€1,160 | -70.4% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €118,011 | €121,991 | +€3,980 | +3.4% |
| Amounts receivable within one year | 40/41 | €3,282 | €1,365 | -€1,917 | -58.4% |
| Trade receivables | 40 | - | €42 | +€42 | |
| Other amounts receivable | 41 | €3,282 | €1,324 | -€1,958 | -59.7% |
| Cash at bank and in hand | 54/58 | €108,821 | €108,969 | +€148 | +0.1% |
| Deferred charges and accrued income | 490/1 | €5,908 | €11,657 | +€5,749 | +97.3% |
| Total equity and liabilities | 10/49 | €253,223 | €237,350 | -€15,873 | -6.3% |
| Equity | 10/15 | €88,931 | €88,947 | +€15 | 0.0% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €68,400 | €68,400 | = | 0.0% |
| Distributable reserves | 133 | €68,400 | €68,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €71 | €87 | +€15 | +21.7% |
| Amounts payable | 17/49 | €164,292 | €148,403 | -€15,888 | -9.7% |
| Amounts payable after more than one year | 17 | €32,283 | €26,667 | -€5,616 | -17.4% |
| Financial debts | 170/4 | €32,283 | €26,667 | -€5,616 | -17.4% |
| Amounts payable within one year | 42/48 | €132,008 | €121,736 | -€10,272 | -7.8% |
| Current portion of amounts payable after more than one year | 42 | €5,508 | €5,669 | +€160 | +2.9% |
| Trade debts | 44 | €567 | - | -€567 | |
| Suppliers | 440/4 | €567 | - | -€567 | |
| Taxes, remuneration and social security | 45 | €31,763 | €29,990 | -€1,773 | -5.6% |
| Taxes | 450/3 | €19,763 | €9,990 | -€9,773 | -49.5% |
| Remuneration and social security | 454/9 | €12,000 | €20,000 | +€8,000 | +66.7% |
| Other amounts payable | 47/48 | €94,170 | €86,078 | -€8,092 | -8.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,430 | €22,152 | +€722 | +3.4% |
| Other operating charges | 640/8 | €3,681 | €3,261 | -€420 | -11.4% |
| Gross operating margin | 9900 | €122,431 | €121,863 | -€568 | -0.5% |
| Operating profit (loss) | 9901 | €97,320 | €96,450 | -€871 | -0.9% |
| Financial charges | 65/66B | €986 | €948 | -€39 | -3.9% |
| Recurring financial charges | 65 | €986 | €948 | -€39 | -3.9% |
| Profit (loss) for the period before taxes | 9903 | €96,334 | €95,502 | -€832 | -0.9% |
| Income taxes | 67/77 | €26,263 | €28,887 | +€2,624 | +10.0% |
| Profit (loss) for the period | 9904 | €70,071 | €66,615 | -€3,456 | -4.9% |
| Profit (loss) for the period to be appropriated | 9905 | €70,071 | €66,615 | -€3,456 | -4.9% |
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 11 October 2026 via checked.be.