KINEFACQS: 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.
KINEFACQS
Largest movements
- Cash +€13,987
up €13,987 (+66.5%), from €21,022 to €35,009
mainly Net result for the year (+€14,090) and Depreciation (+€2,042)
- Tangible fixed assets -€1,143
down €1,143 (-16.8%), from €6,814 to €5,671
of which Other tangible fixed assets: -€1,065
- Deferred charges and accrued income -€972
down €972 (-36.4%), from €2,672 to €1,701
- Reserves +€14,000
up €14,000 (+77.4%), from €18,090 to €32,090
- Trade debts -€1,782
down €1,782 (-95.7%), from €1,862 to €81
- Tax, wage and social debts -€1,456
down €1,456 (-44.2%), from €3,294 to €1,838
- Other debts +€633
up €633 (+16.7%), from €3,779 to €4,412
- Turnover +€136,691
new in 2026: €136,691
- Gross operating margin +€11,530
up €11,530 (+102%), from €11,288 to €22,818
- Purchases and services +€2,633
up €2,633 (+2.4%), from €111,240 to €113,873
- Taxes +€2,597
up €2,597 (+163%), from €1,589 to €4,186
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €30,896 | €42,381 | +€11,485 | +37.2% |
| Fixed assets | 21/28 | €6,814 | €5,671 | -€1,143 | -16.8% |
| Tangible fixed assets | 22/27 | €6,814 | €5,671 | -€1,143 | -16.8% |
| Plant, machinery and equipment | 23 | €922 | €644 | -€278 | -30.2% |
| Furniture and vehicles | 24 | €1,433 | €1,633 | +€200 | +13.9% |
| Other tangible fixed assets | 26 | €4,459 | €3,394 | -€1,065 | -23.9% |
| Current assets | 29/58 | €24,081 | €36,709 | +€12,628 | +52.4% |
| Amounts receivable within one year | 40/41 | €387 | - | -€387 | |
| Other amounts receivable | 41 | €387 | - | -€387 | |
| Cash at bank and in hand | 54/58 | €21,022 | €35,009 | +€13,987 | +66.5% |
| Deferred charges and accrued income | 490/1 | €2,672 | €1,701 | -€972 | -36.4% |
| Total equity and liabilities | 10/49 | €30,896 | €42,381 | +€11,485 | +37.2% |
| Equity | 10/15 | €21,960 | €36,050 | +€14,090 | +64.2% |
| Contributions | 10/11 | €3,860 | €3,860 | = | 0.0% |
| Reserves | 13 | €18,090 | €32,090 | +€14,000 | +77.4% |
| Distributable reserves | 133 | €18,090 | €32,090 | +€14,000 | +77.4% |
| Profit (loss) carried forward | 14 | €10 | €100 | +€90 | +879% |
| Amounts payable | 17/49 | €8,935 | €6,331 | -€2,605 | -29.1% |
| Amounts payable within one year | 42/48 | €8,935 | €6,331 | -€2,605 | -29.1% |
| Trade debts | 44 | €1,862 | €81 | -€1,782 | -95.7% |
| Suppliers | 440/4 | €1,862 | €81 | -€1,782 | -95.7% |
| Taxes, remuneration and social security | 45 | €3,294 | €1,838 | -€1,456 | -44.2% |
| Taxes | 450/3 | €3,294 | €1,838 | -€1,456 | -44.2% |
| Other amounts payable | 47/48 | €3,779 | €4,412 | +€633 | +16.7% |
| Turnover | 70 | - | €136,691 | +€136,691 | |
| Goods, raw materials, services and sundry goods | 60/61 | €111,240 | €113,873 | +€2,633 | +2.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,908 | €2,042 | +€134 | +7.0% |
| Other operating charges | 640/8 | €2,158 | €2,212 | +€54 | +2.5% |
| Gross operating margin | 9900 | €11,288 | €22,818 | +€11,530 | +102% |
| Operating profit (loss) | 9901 | €7,222 | €18,564 | +€11,342 | +157% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €242 | €289 | +€47 | +19.5% |
| Recurring financial charges | 65 | €242 | €289 | +€47 | +19.5% |
| Profit (loss) for the period before taxes | 9903 | €6,980 | €18,276 | +€11,295 | +162% |
| Income taxes | 67/77 | €1,589 | €4,186 | +€2,597 | +163% |
| Profit (loss) for the period | 9904 | €5,391 | €14,090 | +€8,699 | +161% |
| Profit (loss) for the period to be appropriated | 9905 | €5,391 | €14,090 | +€8,699 | +161% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.