KINEFIT+: 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.
KINEFIT+
Largest movements
- Cash -€33,222
down €33,222 (-76.3%), from €43,537 to €10,316
mainly Net result for the year (-€20,181) and Investment in fixed assets (net) (-€9,271)
- Tangible fixed assets +€8,180
up €8,180 (+1,451%), from €564 to €8,744
of which Furniture and vehicles: +€5,335
- Profit (loss) carried forward -€20,181
down €20,181 (-53.8%), from €37,523 to €17,342
- Tax, wage and social debts -€5,121
down €5,121 (-22.3%), from €22,928 to €17,807
of which Taxes: -€5,121
- Trade debts +€756
up €756 (+184%), from €411 to €1,166
- Turnover -€55,563
down €55,563 (-48.8%), from €113,761 to €58,198
- Gross operating margin -€44,118
down €44,118, from €26,327 to -€17,791
- Purchases and services -€9,364
down €9,364 (-10.7%), from €87,433 to €78,069
- Taxes -€5,469
down €5,469 (-97.0%), from €5,638 to €169
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €66,361 | €41,815 | -€24,546 | -37.0% |
| Fixed assets | 21/28 | €564 | €8,744 | +€8,180 | +1,451% |
| Tangible fixed assets | 22/27 | €564 | €8,744 | +€8,180 | +1,451% |
| Furniture and vehicles | 24 | €564 | €5,899 | +€5,335 | +946% |
| Other tangible fixed assets | 26 | - | €2,845 | +€2,845 | |
| Current assets | 29/58 | €65,797 | €33,071 | -€32,726 | -49.7% |
| Amounts receivable within one year | 40/41 | €21,456 | €21,444 | -€12 | -0.1% |
| Trade receivables | 40 | €19,010 | €19,010 | = | 0.0% |
| Other amounts receivable | 41 | €2,446 | €2,434 | -€12 | -0.5% |
| Cash at bank and in hand | 54/58 | €43,537 | €10,316 | -€33,222 | -76.3% |
| Deferred charges and accrued income | 490/1 | €803 | €1,311 | +€507 | +63.1% |
| Total equity and liabilities | 10/49 | €66,361 | €41,815 | -€24,546 | -37.0% |
| Equity | 10/15 | €43,023 | €22,842 | -€20,181 | -46.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Capital | 10 | €5,000 | - | -€5,000 | |
| Issued capital | 100 | €5,000 | - | -€5,000 | |
| Reserves | 13 | €500 | €500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €500 | - | -€500 | |
| Legal reserve | 130 | €500 | - | -€500 | |
| Distributable reserves | 133 | - | €500 | +€500 | |
| Profit (loss) carried forward | 14 | €37,523 | €17,342 | -€20,181 | -53.8% |
| Amounts payable | 17/49 | €23,338 | €18,973 | -€4,365 | -18.7% |
| Amounts payable within one year | 42/48 | €23,338 | €18,973 | -€4,365 | -18.7% |
| Trade debts | 44 | €411 | €1,166 | +€756 | +184% |
| Suppliers | 440/4 | €411 | €1,166 | +€756 | +184% |
| Taxes, remuneration and social security | 45 | €22,928 | €17,807 | -€5,121 | -22.3% |
| Taxes | 450/3 | €19,928 | €14,807 | -€5,121 | -25.7% |
| Remuneration and social security | 454/9 | €3,000 | €3,000 | = | 0.0% |
| Turnover | 70 | €113,761 | €58,198 | -€55,563 | -48.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €87,433 | €78,069 | -€9,364 | -10.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €134 | €1,090 | +€956 | +712% |
| Other operating charges | 640/8 | €616 | €903 | +€287 | +46.7% |
| Non-recurring operating charges | 66A | €500 | - | -€500 | |
| Gross operating margin | 9900 | €26,327 | -€17,791 | -€44,118 | |
| Operating profit (loss) | 9901 | €25,077 | -€19,784 | -€44,862 | |
| Financial income | 75/76B | €301 | €154 | -€147 | -48.8% |
| Recurring financial income | 75 | €301 | €154 | -€147 | -48.8% |
| Financial charges | 65/66B | €181 | €382 | +€200 | +110% |
| Recurring financial charges | 65 | €181 | €382 | +€200 | +110% |
| Profit (loss) for the period before taxes | 9903 | €25,197 | -€20,012 | -€45,209 | |
| Income taxes | 67/77 | €5,638 | €169 | -€5,469 | -97.0% |
| Profit (loss) for the period | 9904 | €19,558 | -€20,181 | -€39,739 | |
| Profit (loss) for the period to be appropriated | 9905 | €19,558 | -€20,181 | -€39,739 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.