KINEMED AARTSELAAR: what changed
KINEMED AARTSELAAR
Largest movements
- Cash -€16,961
down €16,961 (-33.9%), from €50,004 to €33,042
mainly Net result for the year (-€39,784) and Debts after one year (-€6,000)
- Intangible fixed assets -€6,353
down €6,353 (-31.1%), from €20,450 to €14,098
- Reserves -€32,188
down €32,188 (-100%), from €32,188 to €0
- Accrued charges and deferred income +€23,793
new in 2025: €23,793
- Profit (loss) carried forward -€7,596
new in 2025: -€7,596
- Debts after one year -€6,000
down €6,000 (-35.8%), from €16,763 to €10,763
- Trade debts -€943
down €943 (-77.3%), from €1,219 to €276
- Gross operating margin -€51,451
down €51,451, from €18,714 to -€32,737
- Taxes -€2,284
down €2,284 (-100%), from €2,284 to €0
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €70,454 | €47,520 | -€22,934 | -32.6% |
| Fixed assets | 21/28 | €20,450 | €14,098 | -€6,353 | -31.1% |
| Intangible fixed assets | 21 | €20,450 | €14,098 | -€6,353 | -31.1% |
| Current assets | 29/58 | €50,004 | €33,422 | -€16,581 | -33.2% |
| Cash at bank and in hand | 54/58 | €50,004 | €33,042 | -€16,961 | -33.9% |
| Deferred charges and accrued income | 490/1 | - | €380 | +€380 | |
| Total equity and liabilities | 10/49 | €70,454 | €47,520 | -€22,934 | -32.6% |
| Equity | 10/15 | €44,188 | €4,404 | -€39,784 | -90.0% |
| Contributions | 10/11 | €12,000 | €12,000 | = | 0.0% |
| Reserves | 13 | €32,188 | €0 | -€32,188 | -100% |
| Distributable reserves | 133 | €32,188 | €0 | -€32,188 | -100% |
| Profit (loss) carried forward | 14 | - | -€7,596 | -€7,596 | |
| Amounts payable | 17/49 | €26,266 | €43,116 | +€16,850 | +64.2% |
| Amounts payable after more than one year | 17 | €16,763 | €10,763 | -€6,000 | -35.8% |
| Financial debts | 170/4 | €16,763 | €10,763 | -€6,000 | -35.8% |
| Amounts payable within one year | 42/48 | €9,502 | €8,560 | -€943 | -9.9% |
| Current portion of amounts payable after more than one year | 42 | €6,000 | €6,000 | = | 0.0% |
| Trade debts | 44 | €1,219 | €276 | -€943 | -77.3% |
| Suppliers | 440/4 | €1,219 | €276 | -€943 | -77.3% |
| Taxes, remuneration and social security | 45 | €2,284 | €2,284 | = | 0.0% |
| Taxes | 450/3 | €2,284 | €2,284 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €23,793 | +€23,793 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,353 | €6,353 | = | 0.0% |
| Other operating charges | 640/8 | €666 | €592 | -€74 | -11.1% |
| Gross operating margin | 9900 | €18,714 | -€32,737 | -€51,451 | |
| Operating profit (loss) | 9901 | €11,695 | -€39,682 | -€51,377 | |
| Financial income | 75/76B | €0 | €33 | +€33 | +334,500% |
| Recurring financial income | 75 | €0 | €33 | +€33 | +334,500% |
| Financial charges | 65/66B | €276 | €136 | -€140 | -50.7% |
| Recurring financial charges | 65 | €276 | €136 | -€140 | -50.7% |
| Profit (loss) for the period before taxes | 9903 | €11,419 | -€39,784 | -€51,204 | |
| Income taxes | 67/77 | €2,284 | €0 | -€2,284 | -100% |
| Profit (loss) for the period | 9904 | €9,135 | -€39,784 | -€48,920 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,135 | -€39,784 | -€48,920 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.