KINEPOINT MAASMECHELEN: 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.
KINEPOINT MAASMECHELEN
Largest movements
- Intangible fixed assets -€38,600
down €38,600 (-26.0%), from €148,226 to €109,626
- Tangible fixed assets -€30,670
down €30,670 (-5.4%), from €565,083 to €534,413
of which Land and buildings: -€27,850
- Cash +€24,460
up €24,460 (+14.4%), from €169,386 to €193,846
mainly Depreciation (+€72,321) and Net result for the year (+€54,030)
- Receivables within one year +€23,847
up €23,847 (+9.7%), from €244,860 to €268,707
of which Trade receivables: +€23,847
- Debts after one year -€75,868
down €75,868 (-23.4%), from €324,845 to €248,976
- Reserves +€54,030
up €54,030 (+21.8%), from €247,981 to €302,011
- Current portion of long-term debt -€25,532
down €25,532 (-25.2%), from €101,400 to €75,868
- Trade debts +€17,275
up €17,275 (+14.4%), from €120,023 to €137,298
- Other debts +€13,809
up €13,809 (+4.5%), from €305,965 to €319,774
- Gross operating margin -€59,671
down €59,671 (-25.7%), from €232,108 to €172,437
- Financial charges -€2,461
down €2,461 (-9.6%), from €25,578 to €23,117
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 | €1,130,095 | €1,109,179 | -€20,915 | -1.9% |
| Fixed assets | 21/28 | €713,309 | €644,039 | -€69,270 | -9.7% |
| Intangible fixed assets | 21 | €148,226 | €109,626 | -€38,600 | -26.0% |
| Tangible fixed assets | 22/27 | €565,083 | €534,413 | -€30,670 | -5.4% |
| Land and buildings | 22 | €549,639 | €521,789 | -€27,850 | -5.1% |
| Plant, machinery and equipment | 23 | €9,826 | €9,724 | -€102 | -1.0% |
| Furniture and vehicles | 24 | €809 | €804 | -€5 | -0.6% |
| Leasing and similar rights | 25 | €4,810 | €2,097 | -€2,713 | -56.4% |
| Current assets | 29/58 | €416,785 | €465,140 | +€48,355 | +11.6% |
| Stocks and contracts in progress | 3 | €2,125 | €2,125 | = | 0.0% |
| Stocks | 30/36 | €2,125 | €2,125 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €244,860 | €268,707 | +€23,847 | +9.7% |
| Trade receivables | 40 | €244,297 | €268,145 | +€23,847 | +9.8% |
| Other amounts receivable | 41 | €563 | €563 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €169,386 | €193,846 | +€24,460 | +14.4% |
| Deferred charges and accrued income | 490/1 | €414 | €462 | +€48 | +11.5% |
| Total equity and liabilities | 10/49 | €1,130,095 | €1,109,179 | -€20,915 | -1.9% |
| Equity | 10/15 | €267,981 | €322,011 | +€54,030 | +20.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €247,981 | €302,011 | +€54,030 | +21.8% |
| Distributable reserves | 133 | €247,981 | €302,011 | +€54,030 | +21.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €862,113 | €787,168 | -€74,945 | -8.7% |
| Amounts payable after more than one year | 17 | €324,845 | €248,976 | -€75,868 | -23.4% |
| Financial debts | 170/4 | €324,845 | €248,976 | -€75,868 | -23.4% |
| Amounts payable within one year | 42/48 | €537,269 | €538,192 | +€923 | +0.2% |
| Current portion of amounts payable after more than one year | 42 | €101,400 | €75,868 | -€25,532 | -25.2% |
| Trade debts | 44 | €120,023 | €137,298 | +€17,275 | +14.4% |
| Suppliers | 440/4 | €120,023 | €137,298 | +€17,275 | +14.4% |
| Taxes, remuneration and social security | 45 | €9,881 | €5,252 | -€4,629 | -46.8% |
| Taxes | 450/3 | €9,881 | €5,252 | -€4,629 | -46.8% |
| Other amounts payable | 47/48 | €305,965 | €319,774 | +€13,809 | +4.5% |
| Remuneration, social security and pensions | 62 | €791 | €0 | -€791 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €71,822 | €72,321 | +€499 | +0.7% |
| Other operating charges | 640/8 | €4,246 | €4,491 | +€245 | +5.8% |
| Gross operating margin | 9900 | €232,108 | €172,437 | -€59,671 | -25.7% |
| Operating profit (loss) | 9901 | €155,249 | €95,625 | -€59,624 | -38.4% |
| Financial income | 75/76B | €4 | €0 | -€4 | -99.7% |
| Recurring financial income | 75 | €4 | €0 | -€4 | -99.7% |
| Financial charges | 65/66B | €25,578 | €23,117 | -€2,461 | -9.6% |
| Recurring financial charges | 65 | €25,578 | €23,117 | -€2,461 | -9.6% |
| Profit (loss) for the period before taxes | 9903 | €129,675 | €72,507 | -€57,167 | -44.1% |
| Income taxes | 67/77 | €20,264 | €18,478 | -€1,786 | -8.8% |
| Profit (loss) for the period | 9904 | €109,411 | €54,030 | -€55,381 | -50.6% |
| Profit (loss) for the period to be appropriated | 9905 | €109,411 | €54,030 | -€55,381 | -50.6% |
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 1 November 2026 via checked.be.