Kinefix B&M: 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 B&M
Largest movements
- Cash +€40,616
up €40,616 (+286%), from €14,197 to €54,813
mainly Net result for the year (+€37,914) and Depreciation (+€25,522)
- Tangible fixed assets -€19,677
down €19,677 (-5.8%), from €340,923 to €321,246
of which Land and buildings: -€15,219
- Receivables within one year -€11,998
down €11,998 (-97.7%), from €12,277 to €279
of which Trade receivables: -€11,963
- Profit (loss) carried forward +€37,914
up €37,914 (+7,297%), from €520 to €38,433
- Debts after one year -€15,394
down €15,394 (-8.0%), from €192,681 to €177,287
- Other debts -€14,013
down €14,013 (-9.6%), from €145,681 to €131,668
- Tax, wage and social debts +€10,883
up €10,883 (+1,278%), from €852 to €11,734
- Trade debts -€9,237
down €9,237 (-78.7%), from €11,733 to €2,496
- Gross operating margin +€45,216
up €45,216 (+129%), from €34,968 to €80,184
- Taxes +€10,640
new in 2025: €10,640
- Depreciation -€3,282
down €3,282 (-11.4%), from €28,805 to €25,522
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 | €368,838 | €378,012 | +€9,174 | +2.5% |
| Fixed assets | 21/28 | €341,321 | €321,508 | -€19,813 | -5.8% |
| Intangible fixed assets | 21 | €399 | €262 | -€136 | -34.2% |
| Tangible fixed assets | 22/27 | €340,923 | €321,246 | -€19,677 | -5.8% |
| Land and buildings | 22 | €264,254 | €249,035 | -€15,219 | -5.8% |
| Plant, machinery and equipment | 23 | €69,136 | €67,382 | -€1,754 | -2.5% |
| Furniture and vehicles | 24 | €7,533 | €4,829 | -€2,704 | -35.9% |
| Current assets | 29/58 | €27,517 | €56,504 | +€28,987 | +105% |
| Amounts receivable within one year | 40/41 | €12,277 | €279 | -€11,998 | -97.7% |
| Trade receivables | 40 | €12,193 | €230 | -€11,963 | -98.1% |
| Other amounts receivable | 41 | €84 | €49 | -€35 | -41.9% |
| Cash at bank and in hand | 54/58 | €14,197 | €54,813 | +€40,616 | +286% |
| Deferred charges and accrued income | 490/1 | €1,043 | €1,412 | +€369 | +35.3% |
| Total equity and liabilities | 10/49 | €368,838 | €378,012 | +€9,174 | +2.5% |
| Equity | 10/15 | €1,520 | €39,433 | +€37,914 | +2,495% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €520 | €38,433 | +€37,914 | +7,297% |
| Amounts payable | 17/49 | €367,319 | €338,579 | -€28,740 | -7.8% |
| Amounts payable after more than one year | 17 | €192,681 | €177,287 | -€15,394 | -8.0% |
| Financial debts | 170/4 | €192,681 | €177,287 | -€15,394 | -8.0% |
| Amounts payable within one year | 42/48 | €174,448 | €161,292 | -€13,157 | -7.5% |
| Current portion of amounts payable after more than one year | 42 | €16,183 | €15,394 | -€789 | -4.9% |
| Trade debts | 44 | €11,733 | €2,496 | -€9,237 | -78.7% |
| Suppliers | 440/4 | €11,733 | €2,496 | -€9,237 | -78.7% |
| Taxes, remuneration and social security | 45 | €852 | €11,734 | +€10,883 | +1,278% |
| Taxes | 450/3 | €852 | €11,734 | +€10,883 | +1,278% |
| Other amounts payable | 47/48 | €145,681 | €131,668 | -€14,013 | -9.6% |
| Accrued charges and deferred income | 492/3 | €189 | - | -€189 | |
| Non-recurring operating income | 76A | €3 | - | -€3 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,805 | €25,522 | -€3,282 | -11.4% |
| Other operating charges | 640/8 | €2,089 | €2,687 | +€598 | +28.6% |
| Gross operating margin | 9900 | €34,968 | €80,184 | +€45,216 | +129% |
| Operating profit (loss) | 9901 | €4,075 | €51,975 | +€47,900 | +1,175% |
| Financial income | 75/76B | €12 | - | -€12 | |
| Recurring financial income | 75 | €12 | - | -€12 | |
| Financial charges | 65/66B | €3,663 | €3,421 | -€242 | -6.6% |
| Recurring financial charges | 65 | €3,663 | €3,421 | -€242 | -6.6% |
| Profit (loss) for the period before taxes | 9903 | €425 | €48,554 | +€48,129 | +11,333% |
| Income taxes | 67/77 | - | €10,640 | +€10,640 | |
| Profit (loss) for the period | 9904 | €425 | €37,914 | +€37,489 | +8,827% |
| Profit (loss) for the period to be appropriated | 9905 | €425 | €37,914 | +€37,489 | +8,827% |
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 21 October 2026 via checked.be.