KINECONCEPT: 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.
KINECONCEPT
Largest movements
- Cash -€8,356
down €8,356 (-25.5%), from €32,717 to €24,362
mainly Net result for the year (-€21,444) and Trade debts (-€140)
- Deferred charges and accrued income -€4,708
down €4,708 (-28.8%), from €16,342 to €11,634
- Receivables within one year -€3,791
down €3,791 (-44.3%), from €8,552 to €4,761
- Tangible fixed assets -€2,435
down €2,435 (-46.2%), from €5,266 to €2,831
of which Furniture and vehicles: -€1,855
- Profit (loss) carried forward -€21,444
down €21,444 (-102%), from -€21,096 to -€42,541
- Other debts +€2,392
up €2,392 (+7.2%), from €33,177 to €35,568
- Gross operating margin -€6,020
down €6,020 (-63.3%), from -€9,513 to -€15,532
- Depreciation -€419
down €419 (-14.7%), from €2,854 to €2,435
- Other operating charges +€176
up €176 (+30.7%), from €572 to €748
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 | €62,878 | €43,588 | -€19,290 | -30.7% |
| Fixed assets | 21/28 | €5,266 | €2,831 | -€2,435 | -46.2% |
| Tangible fixed assets | 22/27 | €5,266 | €2,831 | -€2,435 | -46.2% |
| Plant, machinery and equipment | 23 | €1,933 | €1,353 | -€580 | -30.0% |
| Furniture and vehicles | 24 | €3,333 | €1,478 | -€1,855 | -55.6% |
| Current assets | 29/58 | €57,612 | €40,757 | -€16,855 | -29.3% |
| Amounts receivable within one year | 40/41 | €8,552 | €4,761 | -€3,791 | -44.3% |
| Other amounts receivable | 41 | €8,552 | €4,761 | -€3,791 | -44.3% |
| Cash at bank and in hand | 54/58 | €32,717 | €24,362 | -€8,356 | -25.5% |
| Deferred charges and accrued income | 490/1 | €16,342 | €11,634 | -€4,708 | -28.8% |
| Total equity and liabilities | 10/49 | €62,878 | €43,588 | -€19,290 | -30.7% |
| Equity | 10/15 | €24,383 | €2,939 | -€21,444 | -87.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €26,879 | €26,879 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,493 | €1,493 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,493 | €1,493 | = | 0.0% |
| Distributable reserves | 133 | €25,386 | €25,386 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€21,096 | -€42,541 | -€21,444 | -102% |
| Amounts payable | 17/49 | €38,494 | €40,649 | +€2,155 | +5.6% |
| Amounts payable within one year | 42/48 | €37,094 | €39,209 | +€2,115 | +5.7% |
| Trade debts | 44 | €1,353 | €1,213 | -€140 | -10.4% |
| Suppliers | 440/4 | €1,353 | €1,213 | -€140 | -10.4% |
| Taxes, remuneration and social security | 45 | €2,565 | €2,428 | -€137 | -5.3% |
| Taxes | 450/3 | €1,374 | €1,237 | -€137 | -10.0% |
| Remuneration and social security | 454/9 | €1,190 | €1,190 | = | 0.0% |
| Other amounts payable | 47/48 | €33,177 | €35,568 | +€2,392 | +7.2% |
| Accrued charges and deferred income | 492/3 | €1,400 | €1,440 | +€40 | +2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,854 | €2,435 | -€419 | -14.7% |
| Other operating charges | 640/8 | €572 | €748 | +€176 | +30.7% |
| Gross operating margin | 9900 | -€9,513 | -€15,532 | -€6,020 | -63.3% |
| Operating profit (loss) | 9901 | -€12,938 | -€18,715 | -€5,777 | -44.6% |
| Financial income | 75/76B | €0 | €0 | -€0 | -33.3% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -33.3% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €2,604 | €2,537 | -€67 | -2.6% |
| Recurring financial charges | 65 | €2,604 | €2,537 | -€67 | -2.6% |
| Profit (loss) for the period before taxes | 9903 | -€15,543 | -€21,253 | -€5,710 | -36.7% |
| Income taxes | 67/77 | €194 | €192 | -€2 | -1.2% |
| Profit (loss) for the period | 9904 | -€15,737 | -€21,444 | -€5,708 | -36.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,737 | -€21,444 | -€5,708 | -36.3% |
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 20 October 2026 via checked.be.