KINERGY: 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.
KINERGY
Largest movements
- Tangible fixed assets -€7,909
down €7,909 (-22.3%), from €35,395 to €27,486
of which Furniture and vehicles: -€9,000
- Receivables within one year -€3,713
no longer reported in 2024 (was €3,713)
- Other debts -€7,211
down €7,211 (-30.2%), from €23,847 to €16,636
- Tax, wage and social debts -€6,567
down €6,567 (-92.5%), from €7,102 to €535
- Short-term financial debts +€1,699
up €1,699 (+147%), from €1,153 to €2,852
- Gross operating margin +€8,706
up €8,706 (+302%), from €2,881 to €11,587
- Depreciation +€364
up €364 (+3.7%), from €9,937 to €10,301
- Other operating charges -€222
down €222 (-34.8%), from €639 to €417
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €50,197 | €38,335 | -€11,861 | -23.6% |
| Fixed assets | 21/28 | €36,953 | €28,563 | -€8,390 | -22.7% |
| Intangible fixed assets | 21 | €1,557 | €1,077 | -€481 | -30.9% |
| Tangible fixed assets | 22/27 | €35,395 | €27,486 | -€7,909 | -22.3% |
| Plant, machinery and equipment | 23 | €1,244 | €2,335 | +€1,091 | +87.7% |
| Furniture and vehicles | 24 | €34,151 | €25,151 | -€9,000 | -26.4% |
| Current assets | 29/58 | €13,244 | €9,772 | -€3,472 | -26.2% |
| Stocks and contracts in progress | 3 | €9,231 | €9,715 | +€484 | +5.2% |
| Stocks | 30/36 | €9,231 | €9,715 | +€484 | +5.2% |
| Amounts receivable within one year | 40/41 | €3,713 | - | -€3,713 | |
| Trade receivables | 40 | €3,713 | - | -€3,713 | |
| Cash at bank and in hand | 54/58 | €301 | €58 | -€243 | -80.8% |
| Total equity and liabilities | 10/49 | €50,197 | €38,335 | -€11,861 | -23.6% |
| Equity | 10/15 | €14,418 | €14,728 | +€311 | +2.2% |
| Contributions | 10/11 | €16,113 | €16,113 | = | 0.0% |
| Reserves | 13 | €5,082 | €5,082 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,471 | - | -€3,471 | |
| Other | 1319 | €3,471 | - | -€3,471 | |
| Distributable reserves | 133 | €1,611 | €5,082 | +€3,471 | +215% |
| Profit (loss) carried forward | 14 | -€6,777 | -€6,466 | +€311 | +4.6% |
| Amounts payable | 17/49 | €35,779 | €23,607 | -€12,172 | -34.0% |
| Amounts payable within one year | 42/48 | €35,779 | €23,607 | -€12,172 | -34.0% |
| Current portion of amounts payable after more than one year | 42 | - | €388 | +€388 | |
| Financial debts | 43 | €1,153 | €2,852 | +€1,699 | +147% |
| Credit institutions | 430/8 | €1,153 | €2,852 | +€1,699 | +147% |
| Trade debts | 44 | €3,677 | €3,196 | -€481 | -13.1% |
| Suppliers | 440/4 | €3,677 | €3,196 | -€481 | -13.1% |
| Taxes, remuneration and social security | 45 | €7,102 | €535 | -€6,567 | -92.5% |
| Taxes | 450/3 | €7,102 | €535 | -€6,567 | -92.5% |
| Other amounts payable | 47/48 | €23,847 | €16,636 | -€7,211 | -30.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,937 | €10,301 | +€364 | +3.7% |
| Other operating charges | 640/8 | €639 | €417 | -€222 | -34.8% |
| Gross operating margin | 9900 | €2,881 | €11,587 | +€8,706 | +302% |
| Operating profit (loss) | 9901 | -€7,695 | €869 | +€8,564 | |
| Financial charges | 65/66B | €544 | €558 | +€15 | +2.7% |
| Recurring financial charges | 65 | €544 | €558 | +€15 | +2.7% |
| Profit (loss) for the period before taxes | 9903 | -€8,238 | €311 | +€8,549 | |
| Profit (loss) for the period | 9904 | -€8,238 | €311 | +€8,549 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,238 | €311 | +€8,549 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.