KINEFDW: 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.
KINEFDW
Largest movements
- Cash +€36,474
up €36,474 (+224%), from €16,283 to €52,757
mainly Net result for the year (+€33,068) and Receivables within one year (+€6,708)
- Receivables within one year -€6,708
down €6,708 (-16.6%), from €40,446 to €33,737
- Deferred charges and accrued income +€5,971
up €5,971 (+84.9%), from €7,029 to €13,000
- Reserves +€33,068
up €33,068 (+78.5%), from €42,100 to €75,168
- Other debts +€1,262
up €1,262 (+8.9%), from €14,250 to €15,512
- Trade debts +€1,083
up €1,083 (+52.3%), from €2,071 to €3,155
- Gross operating margin +€24,595
up €24,595 (+142%), from €17,346 to €41,941
- Taxes +€4,914
up €4,914 (+127%), from €3,874 to €8,788
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 | €63,757 | €99,494 | +€35,736 | +56.1% |
| Current assets | 29/58 | €63,757 | €99,494 | +€35,736 | +56.1% |
| Amounts receivable within one year | 40/41 | €40,446 | €33,737 | -€6,708 | -16.6% |
| Other amounts receivable | 41 | €40,446 | €33,737 | -€6,708 | -16.6% |
| Cash at bank and in hand | 54/58 | €16,283 | €52,757 | +€36,474 | +224% |
| Deferred charges and accrued income | 490/1 | €7,029 | €13,000 | +€5,971 | +84.9% |
| Total equity and liabilities | 10/49 | €63,757 | €99,494 | +€35,736 | +56.1% |
| Equity | 10/15 | €45,100 | €78,168 | +€33,068 | +73.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €42,100 | €75,168 | +€33,068 | +78.5% |
| Distributable reserves | 133 | €42,100 | €75,168 | +€33,068 | +78.5% |
| Amounts payable | 17/49 | €18,658 | €21,326 | +€2,668 | +14.3% |
| Amounts payable within one year | 42/48 | €18,658 | €21,326 | +€2,668 | +14.3% |
| Trade debts | 44 | €2,071 | €3,155 | +€1,083 | +52.3% |
| Suppliers | 440/4 | €2,071 | €3,155 | +€1,083 | +52.3% |
| Taxes, remuneration and social security | 45 | €2,336 | €2,659 | +€323 | +13.8% |
| Taxes | 450/3 | €304 | €613 | +€308 | +101% |
| Remuneration and social security | 454/9 | €2,032 | €2,046 | +€14 | +0.7% |
| Other amounts payable | 47/48 | €14,250 | €15,512 | +€1,262 | +8.9% |
| Other operating charges | 640/8 | - | €144 | +€144 | |
| Gross operating margin | 9900 | €17,346 | €41,941 | +€24,595 | +142% |
| Operating profit (loss) | 9901 | €17,346 | €41,797 | +€24,451 | +141% |
| Financial income | 75/76B | €829 | €1,134 | +€305 | +36.8% |
| Recurring financial income | 75 | €829 | €1,134 | +€305 | +36.8% |
| Financial charges | 65/66B | €1,060 | €1,074 | +€14 | +1.3% |
| Recurring financial charges | 65 | €1,060 | €1,074 | +€14 | +1.3% |
| Profit (loss) for the period before taxes | 9903 | €17,115 | €41,857 | +€24,742 | +145% |
| Income taxes | 67/77 | €3,874 | €8,788 | +€4,914 | +127% |
| Profit (loss) for the period | 9904 | €13,241 | €33,068 | +€19,827 | +150% |
| Profit (loss) for the period to be appropriated | 9905 | €13,241 | €33,068 | +€19,827 | +150% |
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 16 October 2026 via checked.be.