KINEPRAX: 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.
KINEPRAX
Largest movements
- Cash -€12,084
down €12,084 (-52.6%), from €22,980 to €10,896
mainly Net result for the year (-€41,062) and Contributions, distributions and other (-€22,963)
- Tangible fixed assets -€11,364
down €11,364 (-18.3%), from €62,119 to €50,755
of which Land and buildings: -€7,410
- Receivables within one year +€11,199
up €11,199 (+12.7%), from €88,283 to €99,482
of which Other amounts receivable: +€27,923
- Profit (loss) carried forward -€54,470
down €54,470, from €13,408 to -€41,062
- Trade debts +€35,631
up €35,631 (+275%), from €12,945 to €48,576
- Tax, wage and social debts +€22,963
new in 2025: €22,963
- Reserves -€11,569
down €11,569 (-10.2%), from €113,810 to €102,241
of which Distributable reserves: -€9,555
- Debts after one year -€5,712
down €5,712 (-71.0%), from €8,041 to €2,329
- Gross operating margin -€71,088
down €71,088 (-42.4%), from €167,842 to €96,754
- Purchases and services +€44,085
up €44,085 (+10.7%), from €412,600 to €456,685
- Turnover -€27,002
down €27,002 (-4.7%), from €580,442 to €553,440
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 | €173,382 | €161,133 | -€12,249 | -7.1% |
| Fixed assets | 21/28 | €62,119 | €50,755 | -€11,364 | -18.3% |
| Tangible fixed assets | 22/27 | €62,119 | €50,755 | -€11,364 | -18.3% |
| Land and buildings | 22 | €29,028 | €21,618 | -€7,410 | -25.5% |
| Plant, machinery and equipment | 23 | €28,701 | €24,270 | -€4,431 | -15.4% |
| Furniture and vehicles | 24 | €4,390 | €4,867 | +€477 | +10.9% |
| Current assets | 29/58 | €111,263 | €110,378 | -€885 | -0.8% |
| Amounts receivable within one year | 40/41 | €88,283 | €99,482 | +€11,199 | +12.7% |
| Trade receivables | 40 | €60,990 | €44,266 | -€16,724 | -27.4% |
| Other amounts receivable | 41 | €27,293 | €55,216 | +€27,923 | +102% |
| Cash at bank and in hand | 54/58 | €22,980 | €10,896 | -€12,084 | -52.6% |
| Total equity and liabilities | 10/49 | €173,382 | €161,133 | -€12,249 | -7.1% |
| Equity | 10/15 | €145,810 | €81,785 | -€64,025 | -43.9% |
| Contributions | 10/11 | €18,592 | €20,606 | +€2,014 | +10.8% |
| Reserves | 13 | €113,810 | €102,241 | -€11,569 | -10.2% |
| Non-distributable reserves | 130/1 | €2,014 | - | -€2,014 | |
| Reserves not available under the articles | 1311 | €2,014 | - | -€2,014 | |
| Distributable reserves | 133 | €111,796 | €102,241 | -€9,555 | -8.5% |
| Profit (loss) carried forward | 14 | €13,408 | -€41,062 | -€54,470 | |
| Amounts payable | 17/49 | €27,572 | €79,348 | +€51,776 | +188% |
| Amounts payable after more than one year | 17 | €8,041 | €2,329 | -€5,712 | -71.0% |
| Financial debts | 170/4 | €8,041 | €2,329 | -€5,712 | -71.0% |
| Amounts payable within one year | 42/48 | €19,531 | €77,019 | +€57,488 | +294% |
| Current portion of amounts payable after more than one year | 42 | €6,586 | €5,480 | -€1,106 | -16.8% |
| Trade debts | 44 | €12,945 | €48,576 | +€35,631 | +275% |
| Suppliers | 440/4 | €12,945 | €48,576 | +€35,631 | +275% |
| Taxes, remuneration and social security | 45 | - | €22,963 | +€22,963 | |
| Remuneration and social security | 454/9 | - | €22,963 | +€22,963 | |
| Turnover | 70 | €580,442 | €553,440 | -€27,002 | -4.7% |
| Non-recurring operating income | 76A | €2,920 | - | -€2,920 | |
| Goods, raw materials, services and sundry goods | 60/61 | €412,600 | €456,685 | +€44,085 | +10.7% |
| Remuneration, social security and pensions | 62 | €114,812 | €113,283 | -€1,529 | -1.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,517 | €24,503 | -€1,014 | -4.0% |
| Other operating charges | 640/8 | €653 | €1,101 | +€448 | +68.6% |
| Gross operating margin | 9900 | €167,842 | €96,754 | -€71,088 | -42.4% |
| Operating profit (loss) | 9901 | €26,860 | -€42,133 | -€68,993 | |
| Financial income | 75/76B | €2,807 | €2,962 | +€155 | +5.5% |
| Recurring financial income | 75 | €2,807 | €2,962 | +€155 | +5.5% |
| Financial charges | 65/66B | €2,982 | €1,891 | -€1,091 | -36.6% |
| Recurring financial charges | 65 | €2,920 | €1,891 | -€1,029 | -35.2% |
| Non-recurring financial charges | 66B | €62 | - | -€62 | |
| Profit (loss) for the period before taxes | 9903 | €26,685 | -€41,062 | -€67,747 | |
| Profit (loss) for the period | 9904 | €26,685 | -€41,062 | -€67,747 | |
| Profit (loss) for the period to be appropriated | 9905 | €26,685 | -€41,062 | -€67,747 |
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 20 October 2026 via checked.be.