KINEOSPORT: 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.
KINEOSPORT
Largest movements
- Intangible fixed assets -€7,000
down €7,000 (-16.7%), from €42,000 to €35,000
- Cash +€2,425
up €2,425 (+6.9%), from €35,289 to €37,714
mainly Depreciation (+€7,884) and Net result for the year (+€5,412)
- Receivables within one year -€2,200
down €2,200 (-45.8%), from €4,804 to €2,604
of which Other amounts receivable: -€2,830
- Profit (loss) carried forward +€5,412
up €5,412 (+13.3%), from €40,771 to €46,183
- Tax, wage and social debts -€5,160
down €5,160 (-59.6%), from €8,660 to €3,500
- Other debts -€4,960
down €4,960 (-35.0%), from €14,183 to €9,223
- Debts after one year -€4,039
down €4,039 (-34.9%), from €11,582 to €7,543
- Gross operating margin +€8,798
up €8,798 (+110%), from €7,975 to €16,773
- Taxes +€2,064
up €2,064 (+269%), from €766 to €2,830
- Other operating charges -€387
no longer reported in 2025 (was €387)
- Financial charges -€271
down €271 (-29.5%), from €918 to €647
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 | €86,073 | €78,248 | -€7,825 | -9.1% |
| Fixed assets | 21/28 | €45,008 | €37,704 | -€7,304 | -16.2% |
| Intangible fixed assets | 21 | €42,000 | €35,000 | -€7,000 | -16.7% |
| Tangible fixed assets | 22/27 | €3,008 | €2,704 | -€304 | -10.1% |
| Plant, machinery and equipment | 23 | €2,515 | €1,945 | -€570 | -22.7% |
| Furniture and vehicles | 24 | €493 | €759 | +€266 | +54.0% |
| Current assets | 29/58 | €41,065 | €40,544 | -€521 | -1.3% |
| Amounts receivable within one year | 40/41 | €4,804 | €2,604 | -€2,200 | -45.8% |
| Trade receivables | 40 | €570 | €1,200 | +€630 | +111% |
| Other amounts receivable | 41 | €4,234 | €1,404 | -€2,830 | -66.8% |
| Cash at bank and in hand | 54/58 | €35,289 | €37,714 | +€2,425 | +6.9% |
| Deferred charges and accrued income | 490/1 | €972 | €226 | -€746 | -76.7% |
| Total equity and liabilities | 10/49 | €86,073 | €78,248 | -€7,825 | -9.1% |
| Equity | 10/15 | €47,771 | €53,183 | +€5,412 | +11.3% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €40,771 | €46,183 | +€5,412 | +13.3% |
| Amounts payable | 17/49 | €38,302 | €25,065 | -€13,237 | -34.6% |
| Amounts payable after more than one year | 17 | €11,582 | €7,543 | -€4,039 | -34.9% |
| Financial debts | 170/4 | €11,582 | €7,543 | -€4,039 | -34.9% |
| Amounts payable within one year | 42/48 | €26,720 | €17,522 | -€9,198 | -34.4% |
| Current portion of amounts payable after more than one year | 42 | €3,852 | €4,039 | +€187 | +4.9% |
| Financial debts | 43 | €25 | - | -€25 | |
| Credit institutions | 430/8 | €25 | - | -€25 | |
| Trade debts | 44 | - | €760 | +€760 | |
| Suppliers | 440/4 | - | €760 | +€760 | |
| Taxes, remuneration and social security | 45 | €8,660 | €3,500 | -€5,160 | -59.6% |
| Taxes | 450/3 | €8,660 | €3,500 | -€5,160 | -59.6% |
| Other amounts payable | 47/48 | €14,183 | €9,223 | -€4,960 | -35.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,764 | €7,884 | +€120 | +1.5% |
| Other operating charges | 640/8 | €387 | - | -€387 | |
| Gross operating margin | 9900 | €7,975 | €16,773 | +€8,798 | +110% |
| Operating profit (loss) | 9901 | -€176 | €8,889 | +€9,065 | |
| Financial charges | 65/66B | €918 | €647 | -€271 | -29.5% |
| Recurring financial charges | 65 | €918 | €647 | -€271 | -29.5% |
| Profit (loss) for the period before taxes | 9903 | -€1,094 | €8,242 | +€9,336 | |
| Income taxes | 67/77 | €766 | €2,830 | +€2,064 | +269% |
| Profit (loss) for the period | 9904 | -€1,860 | €5,412 | +€7,272 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,860 | €5,412 | +€7,272 |
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 29 October 2026 via checked.be.