KINECLEAL: 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.
KINECLEAL
Largest movements
- Cash +€13,318
up €13,318 (+30.1%), from €44,200 to €57,518
mainly Net result for the year (+€22,324) and Depreciation (+€10,890)
- Intangible fixed assets -€9,000
no longer reported in 2025 (was €9,000)
- Receivables within one year -€3,160
no longer reported in 2025 (was €3,160)
- Tangible fixed assets -€865
down €865 (-18.4%), from €4,705 to €3,841
- Profit (loss) carried forward -€22,676
down €22,676 (-94.3%), from €24,044 to €1,368
- Reserves +€22,000
new in 2025: €22,000
- Other debts +€3,051
up €3,051 (+14.0%), from €21,720 to €24,772
- Trade debts -€1,608
down €1,608 (-57.5%), from €2,796 to €1,189
- Current portion of long-term debt -€901
no longer reported in 2025 (was €901)
- Taxes +€3,306
up €3,306 (+55.4%), from €5,965 to €9,270
- Other operating charges -€1,402
down €1,402 (-66.0%), from €2,125 to €723
- Gross operating margin +€1,351
up €1,351 (+3.2%), from €41,983 to €43,334
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 | €61,090 | €61,383 | +€293 | +0.5% |
| Fixed assets | 21/28 | €13,730 | €3,866 | -€9,865 | -71.8% |
| Intangible fixed assets | 21 | €9,000 | - | -€9,000 | |
| Tangible fixed assets | 22/27 | €4,705 | €3,841 | -€865 | -18.4% |
| Plant, machinery and equipment | 23 | €1,727 | €1,327 | -€400 | -23.1% |
| Furniture and vehicles | 24 | €2,709 | €2,513 | -€196 | -7.2% |
| Leasing and similar rights | 25 | €269 | - | -€269 | |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €47,360 | €57,518 | +€10,158 | +21.4% |
| Amounts receivable within one year | 40/41 | €3,160 | - | -€3,160 | |
| Other amounts receivable | 41 | €3,160 | - | -€3,160 | |
| Cash at bank and in hand | 54/58 | €44,200 | €57,518 | +€13,318 | +30.1% |
| Total equity and liabilities | 10/49 | €61,090 | €61,383 | +€293 | +0.5% |
| Equity | 10/15 | €32,624 | €31,948 | -€676 | -2.1% |
| Contributions | 10/11 | €8,580 | €8,580 | = | 0.0% |
| Reserves | 13 | - | €22,000 | +€22,000 | |
| Distributable reserves | 133 | - | €22,000 | +€22,000 | |
| Profit (loss) carried forward | 14 | €24,044 | €1,368 | -€22,676 | -94.3% |
| Amounts payable | 17/49 | €28,466 | €29,435 | +€969 | +3.4% |
| Amounts payable within one year | 42/48 | €28,466 | €29,435 | +€969 | +3.4% |
| Current portion of amounts payable after more than one year | 42 | €901 | - | -€901 | |
| Trade debts | 44 | €2,796 | €1,189 | -€1,608 | -57.5% |
| Suppliers | 440/4 | €2,796 | €1,189 | -€1,608 | -57.5% |
| Taxes, remuneration and social security | 45 | €3,049 | €3,475 | +€426 | +14.0% |
| Taxes | 450/3 | €3,049 | €3,475 | +€426 | +14.0% |
| Other amounts payable | 47/48 | €21,720 | €24,772 | +€3,051 | +14.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,999 | €10,890 | -€110 | -1.0% |
| Other operating charges | 640/8 | €2,125 | €723 | -€1,402 | -66.0% |
| Gross operating margin | 9900 | €41,983 | €43,334 | +€1,351 | +3.2% |
| Operating profit (loss) | 9901 | €28,859 | €31,721 | +€2,862 | +9.9% |
| Financial income | 75/76B | €20 | - | -€20 | |
| Recurring financial income | 75 | €20 | - | -€20 | |
| Financial charges | 65/66B | €104 | €127 | +€22 | +21.3% |
| Recurring financial charges | 65 | €104 | €127 | +€22 | +21.3% |
| Profit (loss) for the period before taxes | 9903 | €28,774 | €31,594 | +€2,820 | +9.8% |
| Income taxes | 67/77 | €5,965 | €9,270 | +€3,306 | +55.4% |
| Profit (loss) for the period | 9904 | €22,810 | €22,324 | -€485 | -2.1% |
| Profit (loss) for the period to be appropriated | 9905 | €22,810 | €22,324 | -€485 | -2.1% |
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 14 October 2026 via checked.be.