KineLi: 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.
KineLi
Largest movements
- Cash -€18,060
down €18,060 (-65.8%), from €27,445 to €9,385
mainly Tax, wage and social debts (-€9,942) and Deferred charges and accrued income (-€4,992)
- Deferred charges and accrued income +€4,992
new in 2025: €4,992
- Tangible fixed assets +€3,240
up €3,240 (+3,162%), from €102 to €3,343
of which Plant, machinery and equipment: +€3,240
- Tax, wage and social debts -€9,942
no longer reported in 2025 (was €9,942)
of which Taxes: -€6,915
- Profit (loss) carried forward -€4,558
down €4,558, from €4,333 to -€225
- Trade debts +€4,472
new in 2025: €4,472
- Gross operating margin -€23,713
down €23,713, from €20,049 to -€3,664
- Taxes -€5,015
no longer reported in 2025 (was €5,015)
- Financial charges +€382
up €382 (+429%), from €89 to €471
- Depreciation -€224
no longer reported in 2025 (was €224)
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.
Derived cash bridge
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 | €29,741 | €19,913 | -€9,828 | -33.0% |
| Formation expenses | 20 | €2,193 | €2,193 | = | 0.0% |
| Fixed assets | 21/28 | €102 | €3,343 | +€3,240 | +3,162% |
| Tangible fixed assets | 22/27 | €102 | €3,343 | +€3,240 | +3,162% |
| Plant, machinery and equipment | 23 | - | €3,240 | +€3,240 | |
| Furniture and vehicles | 24 | €102 | €102 | = | 0.0% |
| Current assets | 29/58 | €27,445 | €14,377 | -€13,069 | -47.6% |
| Cash at bank and in hand | 54/58 | €27,445 | €9,385 | -€18,060 | -65.8% |
| Deferred charges and accrued income | 490/1 | - | €4,992 | +€4,992 | |
| Total equity and liabilities | 10/49 | €29,741 | €19,913 | -€9,828 | -33.0% |
| Equity | 10/15 | €19,333 | €14,775 | -€4,558 | -23.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €10,000 | €10,000 | = | 0.0% |
| Distributable reserves | 133 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,333 | -€225 | -€4,558 | |
| Amounts payable | 17/49 | €10,408 | €5,138 | -€5,270 | -50.6% |
| Amounts payable after more than one year | 17 | - | €200 | +€200 | |
| Other amounts payable | 178/9 | - | €200 | +€200 | |
| Amounts payable within one year | 42/48 | €10,408 | €4,938 | -€5,470 | -52.6% |
| Trade debts | 44 | - | €4,472 | +€4,472 | |
| Suppliers | 440/4 | - | €4,472 | +€4,472 | |
| Taxes, remuneration and social security | 45 | €9,942 | - | -€9,942 | |
| Taxes | 450/3 | €6,915 | - | -€6,915 | |
| Remuneration and social security | 454/9 | €3,028 | - | -€3,028 | |
| Other amounts payable | 47/48 | €466 | €466 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €224 | - | -€224 | |
| Other operating charges | 640/8 | €387 | €423 | +€35 | +9.1% |
| Gross operating margin | 9900 | €20,049 | -€3,664 | -€23,713 | |
| Operating profit (loss) | 9901 | €19,437 | -€4,087 | -€23,524 | |
| Financial charges | 65/66B | €89 | €471 | +€382 | +429% |
| Recurring financial charges | 65 | €89 | €471 | +€382 | +429% |
| Profit (loss) for the period before taxes | 9903 | €19,348 | -€4,558 | -€23,906 | |
| Income taxes | 67/77 | €5,015 | - | -€5,015 | |
| Profit (loss) for the period | 9904 | €14,333 | -€4,558 | -€18,891 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,333 | -€4,558 | -€18,891 |
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 16 October 2026 via checked.be.