KINEKIC: 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.
KINEKIC
Largest movements
- Tangible fixed assets +€6,509
up €6,509 (+141.0%), from €4,615 to €11,124
of which Furniture and vehicles: +€7,097
- Cash -€4,589
down €4,589 (-19.0%), from €24,120 to €19,531
mainly Investment in fixed assets (net) (-€8,469) and Net result for the year (-€577)
- Receivables within one year -€549
down €549 (-6.0%), from €9,086 to €8,538
- Other debts +€987
up €987 (+15.8%), from €6,261 to €7,248
- Tax, wage and social debts +€704
up €704 (+80.6%), from €873 to €1,578
- Profit (loss) carried forward -€577
down €577 (-6.4%), from €9,013 to €8,436
- Trade debts +€492
up €492 (+42.4%), from €1,161 to €1,654
- Gross operating margin +€1,427
up €1,427 (+54.4%), from €2,623 to €4,049
- Other operating charges +€1,067
up €1,067 (+237.0%), from €450 to €1,518
- Depreciation +€872
up €872 (+80.2%), from €1,088 to €1,960
- Taxes -€541
down €541 (-39.5%), from €1,369 to €827
- Financial charges +€118
up €118 (+55.5%), from €213 to €332
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 | €39,291 | €40,897 | +€1,606 | +4.1% |
| Fixed assets | 21/28 | €4,615 | €11,124 | +€6,509 | +141.0% |
| Tangible fixed assets | 22/27 | €4,615 | €11,124 | +€6,509 | +141.0% |
| Plant, machinery and equipment | 23 | €3,899 | €3,311 | -€588 | -15.1% |
| Furniture and vehicles | 24 | €716 | €7,813 | +€7,097 | +991.0% |
| Current assets | 29/58 | €34,676 | €29,773 | -€4,903 | -14.1% |
| Amounts receivable within one year | 40/41 | €9,086 | €8,538 | -€549 | -6.0% |
| Trade receivables | 40 | €9,086 | €8,538 | -€549 | -6.0% |
| Cash at bank and in hand | 54/58 | €24,120 | €19,531 | -€4,589 | -19.0% |
| Deferred charges and accrued income | 490/1 | €1,470 | €1,704 | +€234 | +15.9% |
| Total equity and liabilities | 10/49 | €39,291 | €40,897 | +€1,606 | +4.1% |
| Equity | 10/15 | €30,995 | €30,417 | -€577 | -1.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €9,582 | €9,582 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €7,722 | €7,722 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,013 | €8,436 | -€577 | -6.4% |
| Amounts payable | 17/49 | €8,296 | €10,479 | +€2,183 | +26.3% |
| Amounts payable within one year | 42/48 | €8,296 | €10,479 | +€2,183 | +26.3% |
| Trade debts | 44 | €1,161 | €1,654 | +€492 | +42.4% |
| Suppliers | 440/4 | €1,161 | €1,654 | +€492 | +42.4% |
| Taxes, remuneration and social security | 45 | €873 | €1,578 | +€704 | +80.6% |
| Taxes | 450/3 | €873 | €1,578 | +€704 | +80.6% |
| Other amounts payable | 47/48 | €6,261 | €7,248 | +€987 | +15.8% |
| Accrued charges and deferred income | 492/3 | €0 | - | -€0 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,088 | €1,960 | +€872 | +80.2% |
| Other operating charges | 640/8 | €450 | €1,518 | +€1,067 | +237.0% |
| Gross operating margin | 9900 | €2,623 | €4,049 | +€1,427 | +54.4% |
| Operating profit (loss) | 9901 | €1,084 | €571 | -€513 | -47.3% |
| Financial income | 75/76B | €1 | €10 | +€10 | +1892.2% |
| Recurring financial income | 75 | €1 | €10 | +€10 | +1892.2% |
| Financial charges | 65/66B | €213 | €332 | +€118 | +55.5% |
| Recurring financial charges | 65 | €213 | €332 | +€118 | +55.5% |
| Profit (loss) for the period before taxes | 9903 | €872 | €250 | -€622 | -71.3% |
| Income taxes | 67/77 | €1,369 | €827 | -€541 | -39.5% |
| Profit (loss) for the period | 9904 | -€497 | -€577 | -€80 | -16.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€497 | -€577 | -€80 | -16.2% |
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 11 October 2026 via checked.be.