KINEMETIX: 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.
KINEMETIX
Largest movements
- Cash +€21,596
up €21,596 (+17.8%), from €121,230 to €142,826
mainly Net result for the year (+€78,231) and Depreciation (+€24,911)
- Deferred charges and accrued income +€10,702
up €10,702 (+370%), from €2,894 to €13,595
- Profit (loss) carried forward +€78,231
up €78,231 (+70.1%), from €111,537 to €189,768
- Other debts -€39,817
down €39,817 (-78.7%), from €50,624 to €10,806
- Debts after one year -€27,665
down €27,665 (-6.7%), from €412,092 to €384,427
- Trade debts +€19,183
up €19,183 (+150%), from €12,805 to €31,989
- Gross operating margin -€48,478
down €48,478 (-24.8%), from €195,301 to €146,823
- Taxes -€9,972
down €9,972 (-32.9%), from €30,340 to €20,368
- Financial charges -€3,464
down €3,464 (-14.5%), from €23,925 to €20,461
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 | €643,158 | €677,794 | +€34,636 | +5.4% |
| Fixed assets | 21/28 | €517,394 | €519,496 | +€2,102 | +0.4% |
| Tangible fixed assets | 22/27 | €517,394 | €519,496 | +€2,102 | +0.4% |
| Land and buildings | 22 | €373,320 | €364,536 | -€8,785 | -2.4% |
| Plant, machinery and equipment | 23 | €30,626 | €38,848 | +€8,222 | +26.8% |
| Furniture and vehicles | 24 | €4,135 | €1,857 | -€2,278 | -55.1% |
| Other tangible fixed assets | 26 | €109,312 | €114,254 | +€4,942 | +4.5% |
| Current assets | 29/58 | €125,765 | €158,298 | +€32,534 | +25.9% |
| Amounts receivable within one year | 40/41 | €1,641 | €1,877 | +€236 | +14.4% |
| Trade receivables | 40 | €1,641 | - | -€1,641 | |
| Other amounts receivable | 41 | - | €1,877 | +€1,877 | |
| Cash at bank and in hand | 54/58 | €121,230 | €142,826 | +€21,596 | +17.8% |
| Deferred charges and accrued income | 490/1 | €2,894 | €13,595 | +€10,702 | +370% |
| Total equity and liabilities | 10/49 | €643,158 | €677,794 | +€34,636 | +5.4% |
| Equity | 10/15 | €121,537 | €199,768 | +€78,231 | +64.4% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €111,537 | €189,768 | +€78,231 | +70.1% |
| Amounts payable | 17/49 | €521,621 | €478,026 | -€43,595 | -8.4% |
| Amounts payable after more than one year | 17 | €412,092 | €384,427 | -€27,665 | -6.7% |
| Financial debts | 170/4 | €412,092 | €384,427 | -€27,665 | -6.7% |
| Amounts payable within one year | 42/48 | €109,529 | €93,599 | -€15,930 | -14.5% |
| Current portion of amounts payable after more than one year | 42 | €26,718 | €27,665 | +€948 | +3.5% |
| Trade debts | 44 | €12,805 | €31,989 | +€19,183 | +150% |
| Suppliers | 440/4 | €12,805 | €31,989 | +€19,183 | +150% |
| Taxes, remuneration and social security | 45 | €19,382 | €23,139 | +€3,757 | +19.4% |
| Taxes | 450/3 | €16,382 | €19,124 | +€2,741 | +16.7% |
| Remuneration and social security | 454/9 | €3,000 | €4,015 | +€1,015 | +33.8% |
| Other amounts payable | 47/48 | €50,624 | €10,806 | -€39,817 | -78.7% |
| Non-recurring operating income | 76A | - | €2,153 | +€2,153 | |
| Remuneration, social security and pensions | 62 | €3,801 | €2,149 | -€1,651 | -43.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,518 | €24,911 | -€608 | -2.4% |
| Other operating charges | 640/8 | €180 | €704 | +€524 | +291% |
| Gross operating margin | 9900 | €195,301 | €146,823 | -€48,478 | -24.8% |
| Operating profit (loss) | 9901 | €165,802 | €119,059 | -€46,743 | -28.2% |
| Financial charges | 65/66B | €23,925 | €20,461 | -€3,464 | -14.5% |
| Recurring financial charges | 65 | €23,925 | €20,461 | -€3,464 | -14.5% |
| Profit (loss) for the period before taxes | 9903 | €141,877 | €98,599 | -€43,279 | -30.5% |
| Income taxes | 67/77 | €30,340 | €20,368 | -€9,972 | -32.9% |
| Profit (loss) for the period | 9904 | €111,537 | €78,231 | -€33,307 | -29.9% |
| Profit (loss) for the period to be appropriated | 9905 | €111,537 | €78,231 | -€33,307 | -29.9% |
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 23 October 2026 via checked.be.