KineManu: 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.
KineManu
Largest movements
- Cash +€50,051
up €50,051 (+51.9%), from €96,435 to €146,486
mainly Net result for the year (+€34,233) and Other debts (+€6,955)
- Tangible fixed assets -€2,656
down €2,656 (-39.2%), from €6,767 to €4,111
of which Furniture and vehicles: -€1,603
- Reserves +€34,233
up €34,233 (+50.2%), from €68,185 to €102,418
- Other debts +€6,955
up €6,955 (+30.2%), from €23,034 to €29,989
- Trade debts +€3,183
up €3,183 (+431%), from €739 to €3,922
- Gross operating margin +€12,951
up €12,951 (+29.6%), from €43,721 to €56,672
- Taxes +€6,770
up €6,770 (+62.7%), from €10,791 to €17,561
- Depreciation -€3,226
down €3,226 (-43.6%), from €7,397 to €4,171
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 | €115,378 | €161,117 | +€45,738 | +39.6% |
| Fixed assets | 21/28 | €14,348 | €10,176 | -€4,171 | -29.1% |
| Intangible fixed assets | 21 | €7,581 | €6,065 | -€1,515 | -20.0% |
| Tangible fixed assets | 22/27 | €6,767 | €4,111 | -€2,656 | -39.2% |
| Plant, machinery and equipment | 23 | €1,495 | €443 | -€1,053 | -70.4% |
| Furniture and vehicles | 24 | €5,272 | €3,669 | -€1,603 | -30.4% |
| Current assets | 29/58 | €101,031 | €150,940 | +€49,910 | +49.4% |
| Amounts receivable within one year | 40/41 | €3,621 | €3,209 | -€412 | -11.4% |
| Other amounts receivable | 41 | €3,621 | €3,209 | -€412 | -11.4% |
| Cash at bank and in hand | 54/58 | €96,435 | €146,486 | +€50,051 | +51.9% |
| Deferred charges and accrued income | 490/1 | €975 | €1,245 | +€271 | +27.8% |
| Total equity and liabilities | 10/49 | €115,378 | €161,117 | +€45,738 | +39.6% |
| Equity | 10/15 | €89,523 | €123,756 | +€34,233 | +38.2% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €68,185 | €102,418 | +€34,233 | +50.2% |
| Distributable reserves | 133 | €68,185 | €102,418 | +€34,233 | +50.2% |
| Profit (loss) carried forward | 14 | €11,338 | €11,338 | = | 0.0% |
| Amounts payable | 17/49 | €25,856 | €37,361 | +€11,505 | +44.5% |
| Amounts payable within one year | 42/48 | €25,856 | €37,361 | +€11,505 | +44.5% |
| Trade debts | 44 | €739 | €3,922 | +€3,183 | +431% |
| Suppliers | 440/4 | €739 | €3,922 | +€3,183 | +431% |
| Taxes, remuneration and social security | 45 | €2,083 | €3,449 | +€1,367 | +65.6% |
| Taxes | 450/3 | €2,083 | €3,449 | +€1,367 | +65.6% |
| Other amounts payable | 47/48 | €23,034 | €29,989 | +€6,955 | +30.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,397 | €4,171 | -€3,226 | -43.6% |
| Other operating charges | 640/8 | €583 | €602 | +€19 | +3.3% |
| Gross operating margin | 9900 | €43,721 | €56,672 | +€12,951 | +29.6% |
| Operating profit (loss) | 9901 | €35,741 | €51,899 | +€16,158 | +45.2% |
| Financial charges | 65/66B | €109 | €104 | -€4 | -3.8% |
| Recurring financial charges | 65 | €109 | €104 | -€4 | -3.8% |
| Profit (loss) for the period before taxes | 9903 | €35,633 | €51,794 | +€16,162 | +45.4% |
| Income taxes | 67/77 | €10,791 | €17,561 | +€6,770 | +62.7% |
| Profit (loss) for the period | 9904 | €24,842 | €34,233 | +€9,392 | +37.8% |
| Profit (loss) for the period to be appropriated | 9905 | €24,842 | €34,233 | +€9,392 | +37.8% |
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 17 October 2026 via checked.be.