KINEDONK: 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.
KINEDONK
Largest movements
- Tangible fixed assets -€8,207
down €8,207 (-6.8%), from €120,299 to €112,092
of which Other tangible fixed assets: -€5,459
- Receivables within one year +€3,319
up €3,319 (+198%), from €1,676 to €4,995
of which Other amounts receivable: +€3,283
- Other debts +€55,918
up €55,918 (+94.4%), from €59,220 to €115,138
- Reserves -€54,845
down €54,845 (-87.0%), from €63,051 to €8,206
- Debts after one year -€7,099
down €7,099 (-62.6%), from €11,349 to €4,250
- Tax, wage and social debts +€1,782
up €1,782 (+149%), from €1,193 to €2,975
of which Taxes: +€1,252
- Gross operating margin -€11,869
down €11,869 (-27.1%), from €43,753 to €31,884
- Depreciation +€1,044
up €1,044 (+7.6%), from €13,709 to €14,753
- Taxes -€720
down €720 (-21.0%), from €3,430 to €2,711
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 | €156,064 | €150,812 | -€5,251 | -3.4% |
| Fixed assets | 21/28 | €120,299 | €112,092 | -€8,207 | -6.8% |
| Tangible fixed assets | 22/27 | €120,299 | €112,092 | -€8,207 | -6.8% |
| Plant, machinery and equipment | 23 | €6,533 | €4,443 | -€2,090 | -32.0% |
| Furniture and vehicles | 24 | €16,989 | €16,330 | -€658 | -3.9% |
| Other tangible fixed assets | 26 | €96,777 | €91,319 | -€5,459 | -5.6% |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Current assets | 29/58 | €35,764 | €38,720 | +€2,956 | +8.3% |
| Amounts receivable within one year | 40/41 | €1,676 | €4,995 | +€3,319 | +198% |
| Trade receivables | 40 | - | €36 | +€36 | |
| Other amounts receivable | 41 | €1,676 | €4,959 | +€3,283 | +196% |
| Cash at bank and in hand | 54/58 | €33,827 | €33,725 | -€102 | -0.3% |
| Deferred charges and accrued income | 490/1 | €261 | €0 | -€261 | -100% |
| Total equity and liabilities | 10/49 | €156,064 | €150,812 | -€5,251 | -3.4% |
| Equity | 10/15 | €75,451 | €20,606 | -€54,845 | -72.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €63,051 | €8,206 | -€54,845 | -87.0% |
| Distributable reserves | 133 | €63,051 | €8,206 | -€54,845 | -87.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €80,612 | €130,206 | +€49,594 | +61.5% |
| Amounts payable after more than one year | 17 | €11,349 | €4,250 | -€7,099 | -62.6% |
| Financial debts | 170/4 | €11,349 | €4,250 | -€7,099 | -62.6% |
| Amounts payable within one year | 42/48 | €69,264 | €125,956 | +€56,693 | +81.9% |
| Current portion of amounts payable after more than one year | 42 | €6,871 | €7,099 | +€228 | +3.3% |
| Trade debts | 44 | €1,980 | €744 | -€1,235 | -62.4% |
| Suppliers | 440/4 | €1,980 | €744 | -€1,235 | -62.4% |
| Taxes, remuneration and social security | 45 | €1,193 | €2,975 | +€1,782 | +149% |
| Taxes | 450/3 | €1,193 | €2,445 | +€1,252 | +105% |
| Remuneration and social security | 454/9 | - | €530 | +€530 | |
| Other amounts payable | 47/48 | €59,220 | €115,138 | +€55,918 | +94.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,709 | €14,753 | +€1,044 | +7.6% |
| Other operating charges | 640/8 | €1,027 | €980 | -€47 | -4.6% |
| Gross operating margin | 9900 | €43,753 | €31,884 | -€11,869 | -27.1% |
| Operating profit (loss) | 9901 | €29,017 | €16,151 | -€12,866 | -44.3% |
| Financial income | 75/76B | €16 | €8 | -€7 | -46.8% |
| Recurring financial income | 75 | €16 | €8 | -€7 | -46.8% |
| Financial charges | 65/66B | €5,040 | €5,242 | +€202 | +4.0% |
| Recurring financial charges | 65 | €5,040 | €5,242 | +€202 | +4.0% |
| Profit (loss) for the period before taxes | 9903 | €23,992 | €10,917 | -€13,076 | -54.5% |
| Income taxes | 67/77 | €3,430 | €2,711 | -€720 | -21.0% |
| Profit (loss) for the period | 9904 | €20,562 | €8,206 | -€12,356 | -60.1% |
| Profit (loss) for the period to be appropriated | 9905 | €20,562 | €8,206 | -€12,356 | -60.1% |
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 24 October 2026 via checked.be.