Kinelat: 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.
Kinelat
Largest movements
- Cash +€12,880
up €12,880 (+5.5%), from €234,823 to €247,703
mainly Depreciation (+€13,858) and Other debts (+€3,914)
- Tangible fixed assets -€12,335
down €12,335 (-34.3%), from €36,013 to €23,678
of which Furniture and vehicles: -€8,605
- Profit (loss) carried forward -€14,080
down €14,080 (-5.7%), from €245,925 to €231,845
- Reserves +€9,000
up €9,000 (+483.9%), from €1,860 to €10,860
of which Distributable reserves: +€9,000
- Other debts +€3,914
up €3,914 (+276.8%), from €1,414 to €5,328
- Gross operating margin -€39,178
down €39,178 (-61.8%), from €63,397 to €24,219
- Taxes +€8,574
up €8,574 (+135.7%), from €6,317 to €14,891
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 | €270,836 | €271,381 | +€545 | +0.2% |
| Fixed assets | 21/28 | €36,013 | €23,678 | -€12,335 | -34.3% |
| Tangible fixed assets | 22/27 | €36,013 | €23,678 | -€12,335 | -34.3% |
| Plant, machinery and equipment | 23 | €7,534 | €4,099 | -€3,435 | -45.6% |
| Furniture and vehicles | 24 | €19,241 | €10,636 | -€8,605 | -44.7% |
| Other tangible fixed assets | 26 | €9,238 | €8,943 | -€295 | -3.2% |
| Current assets | 29/58 | €234,823 | €247,703 | +€12,880 | +5.5% |
| Cash at bank and in hand | 54/58 | €234,823 | €247,703 | +€12,880 | +5.5% |
| Total equity and liabilities | 10/49 | €270,836 | €271,381 | +€545 | +0.2% |
| Equity | 10/15 | €266,385 | €261,305 | -€5,080 | -1.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €10,860 | +€9,000 | +483.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | - | €9,000 | +€9,000 | |
| Profit (loss) carried forward | 14 | €245,925 | €231,845 | -€14,080 | -5.7% |
| Amounts payable | 17/49 | €4,451 | €10,076 | +€5,625 | +126.4% |
| Amounts payable within one year | 42/48 | €3,401 | €9,079 | +€5,678 | +166.9% |
| Trade debts | 44 | €1,987 | €2,851 | +€864 | +43.5% |
| Suppliers | 440/4 | €1,987 | €2,851 | +€864 | +43.5% |
| Taxes, remuneration and social security | 45 | - | €900 | +€900 | |
| Taxes | 450/3 | - | €900 | +€900 | |
| Other amounts payable | 47/48 | €1,414 | €5,328 | +€3,914 | +276.8% |
| Accrued charges and deferred income | 492/3 | €1,050 | €997 | -€52 | -5.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,350 | €13,858 | +€508 | +3.8% |
| Other operating charges | 640/8 | €960 | €972 | +€12 | +1.3% |
| Gross operating margin | 9900 | €63,397 | €24,219 | -€39,178 | -61.8% |
| Operating profit (loss) | 9901 | €49,087 | €9,389 | -€39,698 | -80.9% |
| Financial income | 75/76B | - | €512 | +€512 | |
| Recurring financial income | 75 | - | €512 | +€512 | |
| Financial charges | 65/66B | €89 | €90 | +€2 | +1.7% |
| Recurring financial charges | 65 | €89 | €90 | +€2 | +1.7% |
| Profit (loss) for the period before taxes | 9903 | €48,998 | €9,811 | -€39,187 | -80.0% |
| Income taxes | 67/77 | €6,317 | €14,891 | +€8,574 | +135.7% |
| Profit (loss) for the period | 9904 | €42,681 | -€5,080 | -€47,761 | |
| Profit (loss) for the period to be appropriated | 9905 | €42,681 | -€5,080 | -€47,761 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.