KineMar: 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.
KineMar
Largest movements
- Cash +€11,964
up €11,964 (+51.3%), from €23,301 to €35,266
mainly Net result for the year (+€20,989) and Depreciation (+€9,777)
- Tangible fixed assets -€9,777
down €9,777 (-10.8%), from €90,206 to €80,430
of which Furniture and vehicles: -€6,040
- Debts after one year -€10,000
down €10,000 (-20.0%), from €50,000 to €40,000
- Other debts +€8,776
up €8,776 (+349%), from €2,512 to €11,288
- Tax, wage and social debts +€6,000
up €6,000 (+400%), from €1,500 to €7,500
- Accrued charges and deferred income +€3,266
up €3,266 (+69.0%), from €4,734 to €8,000
- Reserves -€2,966
down €2,966 (-6.0%), from €49,546 to €46,580
- Gross operating margin +€36,812
up €36,812 (+519%), from €7,097 to €43,909
- Taxes +€7,686
up €7,686 (+2,336%), from €329 to €8,015
- Financial charges -€891
down €891 (-19.6%), from €4,545 to €3,654
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 | €141,911 | €145,009 | +€3,098 | +2.2% |
| Fixed assets | 21/28 | €90,206 | €80,430 | -€9,777 | -10.8% |
| Tangible fixed assets | 22/27 | €90,206 | €80,430 | -€9,777 | -10.8% |
| Land and buildings | 22 | €74,982 | €71,245 | -€3,737 | -5.0% |
| Furniture and vehicles | 24 | €15,224 | €9,184 | -€6,040 | -39.7% |
| Current assets | 29/58 | €51,705 | €64,579 | +€12,874 | +24.9% |
| Amounts receivable within one year | 40/41 | €25,933 | €26,301 | +€368 | +1.4% |
| Trade receivables | 40 | €4,233 | €10,301 | +€6,068 | +143% |
| Other amounts receivable | 41 | €21,700 | €16,000 | -€5,700 | -26.3% |
| Cash at bank and in hand | 54/58 | €23,301 | €35,266 | +€11,964 | +51.3% |
| Deferred charges and accrued income | 490/1 | €2,471 | €3,013 | +€542 | +21.9% |
| Total equity and liabilities | 10/49 | €141,911 | €145,009 | +€3,098 | +2.2% |
| Equity | 10/15 | €81,522 | €77,723 | -€3,799 | -4.7% |
| Contributions | 10/11 | €14,260 | €14,260 | = | 0.0% |
| Reserves | 13 | €49,546 | €46,580 | -€2,966 | -6.0% |
| Distributable reserves | 133 | €49,546 | €46,580 | -€2,966 | -6.0% |
| Profit (loss) carried forward | 14 | €17,716 | €16,883 | -€833 | -4.7% |
| Amounts payable | 17/49 | €60,389 | €67,286 | +€6,897 | +11.4% |
| Amounts payable after more than one year | 17 | €50,000 | €40,000 | -€10,000 | -20.0% |
| Financial debts | 170/4 | €50,000 | €40,000 | -€10,000 | -20.0% |
| Amounts payable within one year | 42/48 | €5,655 | €19,286 | +€13,631 | +241% |
| Trade debts | 44 | €1,643 | €498 | -€1,145 | -69.7% |
| Suppliers | 440/4 | €1,643 | €498 | -€1,145 | -69.7% |
| Taxes, remuneration and social security | 45 | €1,500 | €7,500 | +€6,000 | +400% |
| Taxes | 450/3 | €1,500 | €7,500 | +€6,000 | +400% |
| Other amounts payable | 47/48 | €2,512 | €11,288 | +€8,776 | +349% |
| Accrued charges and deferred income | 492/3 | €4,734 | €8,000 | +€3,266 | +69.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,777 | €9,777 | = | 0.0% |
| Other operating charges | 640/8 | €1,337 | €1,475 | +€137 | +10.3% |
| Gross operating margin | 9900 | €7,097 | €43,909 | +€36,812 | +519% |
| Operating profit (loss) | 9901 | -€4,017 | €32,658 | +€36,675 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €4,545 | €3,654 | -€891 | -19.6% |
| Recurring financial charges | 65 | €4,545 | €3,654 | -€891 | -19.6% |
| Profit (loss) for the period before taxes | 9903 | -€8,563 | €29,004 | +€37,566 | |
| Income taxes | 67/77 | €329 | €8,015 | +€7,686 | +2,336% |
| Profit (loss) for the period | 9904 | -€8,892 | €20,989 | +€29,880 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,892 | €20,989 | +€29,880 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.