KINEDEMIL: 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.
KINEDEMIL
Largest movements
- Receivables within one year +€22,902
up €22,902 (+149%), from €15,335 to €38,237
of which Other amounts receivable: +€24,466
- Cash +€2,955
up €2,955 (+6.0%), from €49,344 to €52,300
mainly Net result for the year (+€29,408) and Tax, wage and social debts (+€2,450)
- Reserves +€29,408
up €29,408 (+71.7%), from €41,004 to €70,413
of which Distributable reserves: +€29,408
- Other debts -€4,888
down €4,888 (-100%), from €4,888 to €0
- Tax, wage and social debts +€2,450
up €2,450 (+382%), from €642 to €3,092
- Accrued charges and deferred income -€1,365
down €1,365 (-100%), from €1,365 to €0
- Gross operating margin -€8,259
down €8,259 (-15.6%), from €52,966 to €44,707
- Taxes -€2,293
down €2,293 (-13.2%), from €17,385 to €15,092
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 | €67,442 | €93,082 | +€25,640 | +38.0% |
| Fixed assets | 21/28 | €1,179 | €902 | -€277 | -23.5% |
| Tangible fixed assets | 22/27 | €1,179 | €902 | -€277 | -23.5% |
| Plant, machinery and equipment | 23 | €1,179 | €902 | -€277 | -23.5% |
| Current assets | 29/58 | €66,263 | €92,179 | +€25,917 | +39.1% |
| Amounts receivable within one year | 40/41 | €15,335 | €38,237 | +€22,902 | +149% |
| Trade receivables | 40 | €5,823 | €4,258 | -€1,565 | -26.9% |
| Other amounts receivable | 41 | €9,512 | €33,978 | +€24,466 | +257% |
| Cash at bank and in hand | 54/58 | €49,344 | €52,300 | +€2,955 | +6.0% |
| Deferred charges and accrued income | 490/1 | €1,583 | €1,643 | +€60 | +3.8% |
| Total equity and liabilities | 10/49 | €67,442 | €93,082 | +€25,640 | +38.0% |
| Equity | 10/15 | €59,604 | €89,013 | +€29,408 | +49.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €41,004 | €70,413 | +€29,408 | +71.7% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €41,004 | €70,413 | +€29,408 | +71.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €7,838 | €4,069 | -€3,769 | -48.1% |
| Amounts payable within one year | 42/48 | €6,472 | €4,069 | -€2,403 | -37.1% |
| Trade debts | 44 | €942 | €977 | +€35 | +3.7% |
| Suppliers | 440/4 | €942 | €977 | +€35 | +3.7% |
| Taxes, remuneration and social security | 45 | €642 | €3,092 | +€2,450 | +382% |
| Taxes | 450/3 | €642 | €3,092 | +€2,450 | +382% |
| Other amounts payable | 47/48 | €4,888 | €0 | -€4,888 | -100% |
| Accrued charges and deferred income | 492/3 | €1,365 | €0 | -€1,365 | -100% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €206 | €277 | +€71 | +34.6% |
| Other operating charges | 640/8 | €1,136 | €1,269 | +€134 | +11.8% |
| Gross operating margin | 9900 | €52,966 | €44,707 | -€8,259 | -15.6% |
| Operating profit (loss) | 9901 | €51,624 | €43,161 | -€8,464 | -16.4% |
| Financial income | 75/76B | €951 | €1,413 | +€462 | +48.6% |
| Recurring financial income | 75 | €951 | €1,413 | +€462 | +48.6% |
| Financial charges | 65/66B | €122 | €74 | -€48 | -39.5% |
| Recurring financial charges | 65 | €122 | €74 | -€48 | -39.5% |
| Profit (loss) for the period before taxes | 9903 | €52,454 | €44,500 | -€7,954 | -15.2% |
| Income taxes | 67/77 | €17,385 | €15,092 | -€2,293 | -13.2% |
| Profit (loss) for the period | 9904 | €35,069 | €29,408 | -€5,661 | -16.1% |
| Profit (loss) for the period to be appropriated | 9905 | €35,069 | €29,408 | -€5,661 | -16.1% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.