KineMB: 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.
KineMB
Largest movements
- Cash +€31,021
up €31,021 (+48.8%), from €63,523 to €94,544
mainly Net result for the year (+€40,395) and Depreciation (+€4,760)
- Tangible fixed assets -€4,760
down €4,760 (-25.5%), from €18,643 to €13,883
- Receivables within one year +€2,477
up €2,477 (+23.1%), from €10,727 to €13,204
of which Trade receivables: +€1,430
- Reserves +€40,395
up €40,395 (+56.1%), from €72,013 to €112,408
- Tax, wage and social debts -€5,000
down €5,000 (-55.2%), from €9,062 to €4,062
- Other debts -€3,050
down €3,050 (-86.8%), from €3,515 to €464
- Debts after one year -€2,907
no longer reported in 2025 (was €2,907)
- Gross operating margin -€56,747
down €56,747 (-50.8%), from €111,599 to €54,852
- Taxes -€24,609
down €24,609 (-72.2%), from €34,062 to €9,453
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 | €93,766 | €122,556 | +€28,790 | +30.7% |
| Fixed assets | 21/28 | €18,643 | €13,883 | -€4,760 | -25.5% |
| Tangible fixed assets | 22/27 | €18,643 | €13,883 | -€4,760 | -25.5% |
| Furniture and vehicles | 24 | €18,643 | €13,883 | -€4,760 | -25.5% |
| Current assets | 29/58 | €75,123 | €108,672 | +€33,550 | +44.7% |
| Amounts receivable within one year | 40/41 | €10,727 | €13,204 | +€2,477 | +23.1% |
| Trade receivables | 40 | €10,727 | €12,157 | +€1,430 | +13.3% |
| Other amounts receivable | 41 | - | €1,047 | +€1,047 | |
| Cash at bank and in hand | 54/58 | €63,523 | €94,544 | +€31,021 | +48.8% |
| Deferred charges and accrued income | 490/1 | €873 | €924 | +€52 | +5.9% |
| Total equity and liabilities | 10/49 | €93,766 | €122,556 | +€28,790 | +30.7% |
| Equity | 10/15 | €74,013 | €114,408 | +€40,395 | +54.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €72,013 | €112,408 | +€40,395 | +56.1% |
| Distributable reserves | 133 | €72,013 | €112,408 | +€40,395 | +56.1% |
| Amounts payable | 17/49 | €19,753 | €8,148 | -€11,605 | -58.8% |
| Amounts payable after more than one year | 17 | €2,907 | - | -€2,907 | |
| Financial debts | 170/4 | €2,907 | - | -€2,907 | |
| Amounts payable within one year | 42/48 | €16,846 | €8,148 | -€8,698 | -51.6% |
| Current portion of amounts payable after more than one year | 42 | €3,807 | €2,907 | -€900 | -23.6% |
| Trade debts | 44 | €462 | €714 | +€252 | +54.6% |
| Suppliers | 440/4 | €462 | €714 | +€252 | +54.6% |
| Taxes, remuneration and social security | 45 | €9,062 | €4,062 | -€5,000 | -55.2% |
| Taxes | 450/3 | €9,062 | €4,062 | -€5,000 | -55.2% |
| Other amounts payable | 47/48 | €3,515 | €464 | -€3,050 | -86.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,157 | €4,760 | -€397 | -7.7% |
| Other operating charges | 640/8 | €112 | €62 | -€50 | -44.6% |
| Gross operating margin | 9900 | €111,599 | €54,852 | -€56,747 | -50.8% |
| Operating profit (loss) | 9901 | €106,331 | €50,030 | -€56,300 | -52.9% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €255 | €183 | -€72 | -28.3% |
| Recurring financial charges | 65 | €255 | €183 | -€72 | -28.3% |
| Profit (loss) for the period before taxes | 9903 | €106,076 | €49,848 | -€56,228 | -53.0% |
| Income taxes | 67/77 | €34,062 | €9,453 | -€24,609 | -72.2% |
| Profit (loss) for the period | 9904 | €72,013 | €40,395 | -€31,619 | -43.9% |
| Profit (loss) for the period to be appropriated | 9905 | €72,013 | €40,395 | -€31,619 | -43.9% |
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.