KINECO ESSEN: what changed
What changed
KINECO ESSEN
filed annual accounts (NBB)
Net result for the year
€53,726
2024 · €46,174+€7,552
Equity
€61,781
2024 · €188,055-€126,274
Cash
€219,800
2024 · €198,931+€20,868
Balance sheet total
€286,965
2024 · €256,102+€30,863
Largest movements
Assets
- Cash +€20,868
up €20,868 (+10.5%), from €198,931 to €219,800
mainly Other debts (+€161,033) and Net result for the year (+€53,726)
- Receivables within one year +€10,950
up €10,950 (+46.6%), from €23,506 to €34,456
of which Trade receivables: +€17,113
Equity and liabilities
- Other debts +€161,033
up €161,033 (+293%), from €54,944 to €215,977
- Reserves -€126,000
down €126,000 (-68.4%), from €184,084 to €58,084
- Debts after one year -€4,091
down €4,091 (-66.4%), from €6,160 to €2,069
Income statement
- Gross operating margin +€13,115
up €13,115 (+17.4%), from €75,323 to €88,439
- Depreciation +€3,099
up €3,099 (+21.2%), from €14,607 to €17,706
- Financial charges +€1,213
up €1,213 (+437%), from €278 to €1,490
- Taxes +€1,163
up €1,163 (+8.7%), from €13,375 to €14,538
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€46,174
Gross operating margin
+€13,115
Depreciation
-€3,099
Other operating charges
-€89
Financial income
+€0
Financial charges
-€1,213
Taxes
-€1,163
Result 2025
€53,726
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€222,097
Investment
-€17,199
Financing
-€184,030
Cash 2024
€198,931
From operations (derived)
+€222,097
Net result for the year
+€53,726
Depreciation
+€17,706
Receivables within one year
-€10,950
Deferred charges and accrued income
+€449
Trade debts
-€1,174
Other debts
+€161,033
Accrued charges and deferred income
+€1,308
Investment (derived)
-€17,199
Investment in fixed assets (net)
-€17,199
Financing
-€184,030
Debts after one year
-€4,091
Current portion of long-term debt
+€62
Contributions, distributions and other
-€180,000
Cash 2025
€219,800
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €256,102 | €286,965 | +€30,863 | +12.1% |
| Fixed assets | 21/28 | €31,218 | €30,712 | -€506 | -1.6% |
| Intangible fixed assets | 21 | €25 | €0 | -€25 | -100% |
| Tangible fixed assets | 22/27 | €31,193 | €30,712 | -€481 | -1.5% |
| Plant, machinery and equipment | 23 | €4,975 | €7,947 | +€2,972 | +59.7% |
| Furniture and vehicles | 24 | €17,312 | €10,322 | -€6,990 | -40.4% |
| Other tangible fixed assets | 26 | €8,906 | €12,443 | +€3,537 | +39.7% |
| Current assets | 29/58 | €224,883 | €256,253 | +€31,370 | +13.9% |
| Amounts receivable within one year | 40/41 | €23,506 | €34,456 | +€10,950 | +46.6% |
| Trade receivables | 40 | €16,881 | €33,994 | +€17,113 | +101% |
| Other amounts receivable | 41 | €6,625 | €462 | -€6,163 | -93.0% |
| Cash at bank and in hand | 54/58 | €198,931 | €219,800 | +€20,868 | +10.5% |
| Deferred charges and accrued income | 490/1 | €2,446 | €1,997 | -€449 | -18.4% |
| Total equity and liabilities | 10/49 | €256,102 | €286,965 | +€30,863 | +12.1% |
| Equity | 10/15 | €188,055 | €61,781 | -€126,274 | -67.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €184,084 | €58,084 | -€126,000 | -68.4% |
| Distributable reserves | 133 | €184,084 | €58,084 | -€126,000 | -68.4% |
| Profit (loss) carried forward | 14 | €971 | €697 | -€274 | -28.2% |
| Amounts payable | 17/49 | €68,046 | €225,184 | +€157,137 | +231% |
| Amounts payable after more than one year | 17 | €6,160 | €2,069 | -€4,091 | -66.4% |
| Financial debts | 170/4 | €6,160 | €2,069 | -€4,091 | -66.4% |
| Amounts payable within one year | 42/48 | €61,886 | €221,806 | +€159,920 | +258% |
| Current portion of amounts payable after more than one year | 42 | €4,030 | €4,091 | +€62 | +1.5% |
| Trade debts | 44 | €2,912 | €1,738 | -€1,174 | -40.3% |
| Suppliers | 440/4 | €2,912 | €1,738 | -€1,174 | -40.3% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €54,944 | €215,977 | +€161,033 | +293% |
| Accrued charges and deferred income | 492/3 | - | €1,308 | +€1,308 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,607 | €17,706 | +€3,099 | +21.2% |
| Other operating charges | 640/8 | €890 | €979 | +€89 | +10.0% |
| Gross operating margin | 9900 | €75,323 | €88,439 | +€13,115 | +17.4% |
| Operating profit (loss) | 9901 | €59,827 | €69,754 | +€9,928 | +16.6% |
| Financial income | 75/76B | €0 | €0 | +€0 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Financial charges | 65/66B | €278 | €1,490 | +€1,213 | +437% |
| Recurring financial charges | 65 | €278 | €1,490 | +€1,213 | +437% |
| Profit (loss) for the period before taxes | 9903 | €59,549 | €68,264 | +€8,715 | +14.6% |
| Income taxes | 67/77 | €13,375 | €14,538 | +€1,163 | +8.7% |
| Profit (loss) for the period | 9904 | €46,174 | €53,726 | +€7,552 | +16.4% |
| Profit (loss) for the period to be appropriated | 9905 | €46,174 | €53,726 | +€7,552 | +16.4% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.