KINEFIX: 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.
KINEFIX
Largest movements
- Cash +€25,336
up €25,336 (+100.9%), from €25,112 to €50,448
mainly Other debts (+€27,457) and Net result for the year (+€23,734)
- Intangible fixed assets -€12,058
down €12,058 (-28.7%), from €42,078 to €30,020
- Tangible fixed assets +€5,603
new in 2025: €5,603
- Receivables within one year -€1,104
down €1,104 (-100.0%), from €1,104 to €0
- Other debts +€27,457
up €27,457, from €0 to €27,457
- Debts after one year -€12,741
down €12,741 (-70.4%), from €18,105 to €5,365
- Tax, wage and social debts +€7,317
up €7,317 (+492.5%), from €1,486 to €8,802
of which Remuneration and social security: +€8,000
- Reserves -€3,500
down €3,500 (-100.0%), from €3,500 to €0
- Trade debts -€1,357
down €1,357 (-48.2%), from €2,818 to €1,461
- Gross operating margin +€13,561
up €13,561 (+45.4%), from €29,898 to €43,458
- Taxes +€5,317
up €5,317 (+643.9%), from €826 to €6,142
- Depreciation +€698
up €698 (+6.0%), from €11,552 to €12,250
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.
Cash bridge derived
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 | €69,650 | €87,725 | +€18,075 | +26.0% |
| Fixed assets | 21/28 | €42,170 | €35,716 | -€6,454 | -15.3% |
| Intangible fixed assets | 21 | €42,078 | €30,020 | -€12,058 | -28.7% |
| Tangible fixed assets | 22/27 | - | €5,603 | +€5,603 | |
| Furniture and vehicles | 24 | - | €5,603 | +€5,603 | |
| Financial fixed assets | 28 | €93 | €93 | = | 0.0% |
| Current assets | 29/58 | €27,480 | €52,009 | +€24,529 | +89.3% |
| Amounts receivable within one year | 40/41 | €1,104 | €0 | -€1,104 | -100.0% |
| Trade receivables | 40 | €1,104 | €0 | -€1,104 | -100.0% |
| Cash at bank and in hand | 54/58 | €25,112 | €50,448 | +€25,336 | +100.9% |
| Deferred charges and accrued income | 490/1 | €1,263 | €1,562 | +€298 | +23.6% |
| Total equity and liabilities | 10/49 | €69,650 | €87,725 | +€18,075 | +26.0% |
| Equity | 10/15 | €33,613 | €30,846 | -€2,766 | -8.2% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €3,500 | €0 | -€3,500 | -100.0% |
| Distributable reserves | 133 | €3,500 | €0 | -€3,500 | -100.0% |
| Profit (loss) carried forward | 14 | €113 | €846 | +€734 | +651.8% |
| Amounts payable | 17/49 | €36,038 | €56,879 | +€20,841 | +57.8% |
| Amounts payable after more than one year | 17 | €18,105 | €5,365 | -€12,741 | -70.4% |
| Financial debts | 170/4 | €18,105 | €5,365 | -€12,741 | -70.4% |
| Amounts payable within one year | 42/48 | €17,893 | €51,514 | +€33,621 | +187.9% |
| Current portion of amounts payable after more than one year | 42 | €13,590 | €13,794 | +€204 | +1.5% |
| Trade debts | 44 | €2,818 | €1,461 | -€1,357 | -48.2% |
| Suppliers | 440/4 | €2,818 | €1,461 | -€1,357 | -48.2% |
| Taxes, remuneration and social security | 45 | €1,486 | €8,802 | +€7,317 | +492.5% |
| Taxes | 450/3 | €1,166 | €482 | -€683 | -58.6% |
| Remuneration and social security | 454/9 | €320 | €8,320 | +€8,000 | +2501.3% |
| Other amounts payable | 47/48 | €0 | €27,457 | +€27,457 | |
| Accrued charges and deferred income | 492/3 | €39 | €0 | -€39 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,552 | €12,250 | +€698 | +6.0% |
| Other operating charges | 640/8 | €525 | €786 | +€261 | +49.6% |
| Gross operating margin | 9900 | €29,898 | €43,458 | +€13,561 | +45.4% |
| Operating profit (loss) | 9901 | €17,820 | €30,423 | +€12,602 | +70.7% |
| Financial income | 75/76B | €9 | €5 | -€4 | -44.1% |
| Recurring financial income | 75 | €9 | €5 | -€4 | -44.1% |
| Financial charges | 65/66B | €817 | €552 | -€266 | -32.5% |
| Recurring financial charges | 65 | €817 | €552 | -€266 | -32.5% |
| Profit (loss) for the period before taxes | 9903 | €17,012 | €29,876 | +€12,864 | +75.6% |
| Income taxes | 67/77 | €826 | €6,142 | +€5,317 | +643.9% |
| Profit (loss) for the period | 9904 | €16,186 | €23,734 | +€7,548 | +46.6% |
| Profit (loss) for the period to be appropriated | 9905 | €16,186 | €23,734 | +€7,548 | +46.6% |
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 11 October 2026 via checked.be.