KINEGYNE: what changed
KINEGYNE
Largest movements
- Tangible fixed assets -€4,486
down €4,486 (-5.9%), from €76,305 to €71,818
of which Land and buildings: -€3,556
- Other debts +€26,133
up €26,133 (+121%), from €21,639 to €47,772
- Profit (loss) carried forward -€23,500
down €23,500 (-87.8%), from -€26,766 to -€50,266
- Debts after one year -€7,237
down €7,237 (-12.8%), from €56,406 to €49,169
- Trade debts -€1,355
down €1,355 (-48.2%), from €2,813 to €1,458
- Short-term financial debts +€936
new in 2025: €936
- Gross operating margin -€3,649
down €3,649 (-35.1%), from -€10,391 to -€14,040
- Financial charges +€1,255
up €1,255 (+47.2%), from €2,662 to €3,918
- Other operating charges +€623
up €623 (+213%), from €292 to €915
- Depreciation -€400
down €400 (-8.2%), from €4,886 to €4,486
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €76,656 | €72,051 | -€4,605 | -6.0% |
| Fixed assets | 21/28 | €76,305 | €71,818 | -€4,486 | -5.9% |
| Tangible fixed assets | 22/27 | €76,305 | €71,818 | -€4,486 | -5.9% |
| Land and buildings | 22 | €74,201 | €70,646 | -€3,556 | -4.8% |
| Plant, machinery and equipment | 23 | €2,103 | €1,172 | -€931 | -44.3% |
| Current assets | 29/58 | €351 | €232 | -€119 | -33.9% |
| Cash at bank and in hand | 54/58 | €327 | - | -€327 | |
| Deferred charges and accrued income | 490/1 | €25 | €232 | +€208 | +839% |
| Total equity and liabilities | 10/49 | €76,656 | €72,051 | -€4,605 | -6.0% |
| Equity | 10/15 | -€11,302 | -€34,802 | -€23,500 | -208% |
| Contributions | 10/11 | €14,200 | €14,200 | = | 0.0% |
| Reserves | 13 | €1,264 | €1,264 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,264 | €1,264 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,264 | €1,264 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€26,766 | -€50,266 | -€23,500 | -87.8% |
| Amounts payable | 17/49 | €87,958 | €106,853 | +€18,895 | +21.5% |
| Amounts payable after more than one year | 17 | €56,406 | €49,169 | -€7,237 | -12.8% |
| Financial debts | 170/4 | €56,406 | €49,169 | -€7,237 | -12.8% |
| Amounts payable within one year | 42/48 | €31,552 | €57,684 | +€26,132 | +82.8% |
| Current portion of amounts payable after more than one year | 42 | €6,961 | €7,237 | +€276 | +4.0% |
| Financial debts | 43 | - | €936 | +€936 | |
| Credit institutions | 430/8 | - | €936 | +€936 | |
| Trade debts | 44 | €2,813 | €1,458 | -€1,355 | -48.2% |
| Suppliers | 440/4 | €2,813 | €1,458 | -€1,355 | -48.2% |
| Taxes, remuneration and social security | 45 | €140 | €280 | +€141 | +101% |
| Taxes | 450/3 | €140 | €280 | +€141 | +101% |
| Other amounts payable | 47/48 | €21,639 | €47,772 | +€26,133 | +121% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,886 | €4,486 | -€400 | -8.2% |
| Other operating charges | 640/8 | €292 | €915 | +€623 | +213% |
| Gross operating margin | 9900 | -€10,391 | -€14,040 | -€3,649 | -35.1% |
| Operating profit (loss) | 9901 | -€15,569 | -€19,441 | -€3,872 | -24.9% |
| Financial charges | 65/66B | €2,662 | €3,918 | +€1,255 | +47.2% |
| Recurring financial charges | 65 | €2,662 | €3,918 | +€1,255 | +47.2% |
| Profit (loss) for the period before taxes | 9903 | -€18,231 | -€23,359 | -€5,128 | -28.1% |
| Income taxes | 67/77 | €140 | €141 | +€1 | +1.0% |
| Profit (loss) for the period | 9904 | -€18,371 | -€23,500 | -€5,129 | -27.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,371 | -€23,500 | -€5,129 | -27.9% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.