KINEKIM: 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.
KINEKIM
Largest movements
- Cash +€26,468
up €26,468 (+68.5%), from €38,657 to €65,125
mainly Net result for the year (+€16,330) and Tax, wage and social debts (+€8,690)
- Reserves +€16,330
up €16,330 (+51.6%), from €31,658 to €47,988
of which Distributable reserves: +€16,330
- Tax, wage and social debts +€8,690
up €8,690 (+104%), from €8,325 to €17,015
- Gross operating margin +€503
up €503 (+1.9%), from €25,919 to €26,423
- Depreciation -€444
down €444 (-37.3%), from €1,190 to €746
- Taxes +€365
up €365 (+4.4%), from €8,325 to €8,690
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €52,246 | €77,375 | +€25,129 | +48.1% |
| Fixed assets | 21/28 | €1,050 | €304 | -€746 | -71.0% |
| Tangible fixed assets | 22/27 | €1,050 | €304 | -€746 | -71.0% |
| Furniture and vehicles | 24 | €1,050 | €304 | -€746 | -71.0% |
| Current assets | 29/58 | €51,196 | €77,071 | +€25,875 | +50.5% |
| Amounts receivable within one year | 40/41 | €12,402 | €11,946 | -€456 | -3.7% |
| Trade receivables | 40 | €5,416 | €1,492 | -€3,924 | -72.4% |
| Other amounts receivable | 41 | €6,985 | €10,453 | +€3,468 | +49.6% |
| Cash at bank and in hand | 54/58 | €38,657 | €65,125 | +€26,468 | +68.5% |
| Deferred charges and accrued income | 490/1 | €137 | - | -€137 | |
| Total equity and liabilities | 10/49 | €52,246 | €77,375 | +€25,129 | +48.1% |
| Equity | 10/15 | €43,858 | €60,188 | +€16,330 | +37.2% |
| Contributions | 10/11 | €12,200 | €12,200 | = | 0.0% |
| Reserves | 13 | €31,658 | €47,988 | +€16,330 | +51.6% |
| 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 | €29,798 | €46,128 | +€16,330 | +54.8% |
| Amounts payable | 17/49 | €8,388 | €17,187 | +€8,799 | +105% |
| Amounts payable within one year | 42/48 | €8,388 | €17,187 | +€8,799 | +105% |
| Trade debts | 44 | €63 | €172 | +€109 | +174% |
| Suppliers | 440/4 | €63 | €172 | +€109 | +174% |
| Taxes, remuneration and social security | 45 | €8,325 | €17,015 | +€8,690 | +104% |
| Taxes | 450/3 | €8,325 | €17,015 | +€8,690 | +104% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,190 | €746 | -€444 | -37.3% |
| Other operating charges | 640/8 | €940 | €951 | +€10 | +1.1% |
| Gross operating margin | 9900 | €25,919 | €26,423 | +€503 | +1.9% |
| Operating profit (loss) | 9901 | €23,789 | €24,726 | +€937 | +3.9% |
| Financial income | 75/76B | €382 | €528 | +€147 | +38.4% |
| Recurring financial income | 75 | €382 | €528 | +€147 | +38.4% |
| Financial charges | 65/66B | €220 | €235 | +€15 | +6.9% |
| Recurring financial charges | 65 | €220 | €235 | +€15 | +6.9% |
| Profit (loss) for the period before taxes | 9903 | €23,951 | €25,020 | +€1,069 | +4.5% |
| Income taxes | 67/77 | €8,325 | €8,690 | +€365 | +4.4% |
| Profit (loss) for the period | 9904 | €15,626 | €16,330 | +€704 | +4.5% |
| Profit (loss) for the period to be appropriated | 9905 | €15,626 | €16,330 | +€704 | +4.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.