KINEFLEX: what changed
Two fiscal 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.
KINEFLEX
Largest movements
- Current investments +€126,971
up €126,971 (+45.0%), from €281,962 to €408,933
- Cash -€16,352
down €16,352 (-7.8%), from €210,608 to €194,256
mainly Current investments (-€126,971) and Investment in fixed assets (net) (-€5,592)
- Reserves +€97,447
up €97,447 (+23.9%), from €407,585 to €505,033
of which Distributable reserves: +€97,447
- Tax, wage and social debts +€9,891
up €9,891 (+401.1%), from €2,466 to €12,358
of which Taxes: +€9,745
- Financial income +€23,757
up €23,757 (+1796.4%), from €1,322 to €25,080
- Taxes +€7,374
up €7,374 (+18.6%), from €39,573 to €46,948
- Gross operating margin +€2,522
up €2,522 (+1.9%), from €135,490 to €138,013
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 | €505,535 | €615,692 | +€110,157 | +21.8% |
| Fixed assets | 21/28 | €6,299 | €9,706 | +€3,406 | +54.1% |
| Tangible fixed assets | 22/27 | €6,065 | €9,472 | +€3,406 | +56.2% |
| Land and buildings | 22 | €2,098 | €1,526 | -€572 | -27.3% |
| Plant, machinery and equipment | 23 | €3,146 | €7,535 | +€4,390 | +139.5% |
| Furniture and vehicles | 24 | €822 | €411 | -€411 | -50.0% |
| Financial fixed assets | 28 | €234 | €234 | = | 0.0% |
| Current assets | 29/58 | €499,236 | €605,986 | +€106,750 | +21.4% |
| Amounts receivable within one year | 40/41 | €6,666 | €2,797 | -€3,869 | -58.0% |
| Other amounts receivable | 41 | €6,666 | €2,797 | -€3,869 | -58.0% |
| Current investments | 50/53 | €281,962 | €408,933 | +€126,971 | +45.0% |
| Cash at bank and in hand | 54/58 | €210,608 | €194,256 | -€16,352 | -7.8% |
| Total equity and liabilities | 10/49 | €505,535 | €615,692 | +€110,157 | +21.8% |
| Equity | 10/15 | €500,990 | €598,438 | +€97,447 | +19.5% |
| Contributions | 10/11 | €93,405 | €93,405 | = | 0.0% |
| Reserves | 13 | €407,585 | €505,033 | +€97,447 | +23.9% |
| Non-distributable reserves | 130/1 | €5,868 | €5,868 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,868 | €5,868 | = | 0.0% |
| Distributable reserves | 133 | €401,717 | €499,164 | +€97,447 | +24.3% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €4,544 | €17,254 | +€12,709 | +279.7% |
| Amounts payable within one year | 42/48 | €4,544 | €17,254 | +€12,709 | +279.7% |
| Trade debts | 44 | €1,924 | €305 | -€1,619 | -84.1% |
| Suppliers | 440/4 | €1,924 | €305 | -€1,619 | -84.1% |
| Taxes, remuneration and social security | 45 | €2,466 | €12,358 | +€9,891 | +401.1% |
| Taxes | 450/3 | - | €9,745 | +€9,745 | |
| Remuneration and social security | 454/9 | €2,466 | €2,613 | +€147 | +5.9% |
| Other amounts payable | 47/48 | €154 | €4,591 | +€4,437 | +2879.8% |
| Remuneration, social security and pensions | 62 | €14,786 | €13,901 | -€885 | -6.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,844 | €2,185 | +€341 | +18.5% |
| Other operating charges | 640/8 | €1,530 | €1,765 | +€235 | +15.3% |
| Gross operating margin | 9900 | €135,490 | €138,013 | +€2,522 | +1.9% |
| Operating profit (loss) | 9901 | €117,330 | €120,162 | +€2,832 | +2.4% |
| Financial income | 75/76B | €1,322 | €25,080 | +€23,757 | +1796.4% |
| Recurring financial income | 75 | €1,322 | €25,080 | +€23,757 | +1796.4% |
| Financial charges | 65/66B | €212 | €847 | +€635 | +300.2% |
| Recurring financial charges | 65 | €212 | €847 | +€635 | +300.2% |
| Profit (loss) for the period before taxes | 9903 | €118,441 | €144,395 | +€25,954 | +21.9% |
| Income taxes | 67/77 | €39,573 | €46,948 | +€7,374 | +18.6% |
| Profit (loss) for the period | 9904 | €78,868 | €97,447 | +€18,580 | +23.6% |
| Profit (loss) for the period to be appropriated | 9905 | €78,868 | €97,447 | +€18,580 | +23.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.