Kinesents: what changed
Two fiscal 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.
Kinesents
Largest movements
- Tangible fixed assets -€30,190
down €30,190 (-97.0%), from €31,124 to €934
of which Furniture and vehicles: -€30,611
- Cash +€8,643
up €8,643 (+27.7%), from €31,217 to €39,861
mainly Investment in fixed assets (net) (+€29,236) and Net result for the year (+€5,736)
- Deferred charges and accrued income -€1,868
no longer reported in 2025 (was €1,868)
- Other debts -€26,696
down €26,696 (-71.2%), from €37,470 to €10,774
- Profit (loss) carried forward +€4,877
up €4,877 (+77.1%), from €6,322 to €11,200
- Tax, wage and social debts -€2,193
down €2,193 (-67.6%), from €3,245 to €1,053
of which Remuneration and social security: -€2,057
- Trade debts +€798
up €798 (+293.6%), from €272 to €1,070
- Depreciation -€8,624
down €8,624 (-90.0%), from €9,579 to €955
- Gross operating margin -€4,079
down €4,079 (-13.7%), from €29,864 to €25,785
- Financial charges +€1,504
up €1,504 (+238.3%), from €631 to €2,136
- Other operating charges -€694
down €694 (-86.9%), from €798 to €104
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.
Cash bridge derived
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 | €64,209 | €40,996 | -€23,213 | -36.2% |
| Fixed assets | 21/28 | €31,124 | €934 | -€30,190 | -97.0% |
| Tangible fixed assets | 22/27 | €31,124 | €934 | -€30,190 | -97.0% |
| Plant, machinery and equipment | 23 | - | €421 | +€421 | |
| Furniture and vehicles | 24 | €31,124 | €513 | -€30,611 | -98.4% |
| Current assets | 29/58 | €33,085 | €40,063 | +€6,977 | +21.1% |
| Amounts receivable within one year | 40/41 | - | €202 | +€202 | |
| Other amounts receivable | 41 | - | €202 | +€202 | |
| Cash at bank and in hand | 54/58 | €31,217 | €39,861 | +€8,643 | +27.7% |
| Deferred charges and accrued income | 490/1 | €1,868 | - | -€1,868 | |
| Total equity and liabilities | 10/49 | €64,209 | €40,996 | -€23,213 | -36.2% |
| Equity | 10/15 | €23,222 | €28,100 | +€4,877 | +21.0% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Reserves | 13 | €13,400 | €13,400 | = | 0.0% |
| Distributable reserves | 133 | €13,400 | €13,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,322 | €11,200 | +€4,877 | +77.1% |
| Amounts payable | 17/49 | €40,987 | €12,897 | -€28,090 | -68.5% |
| Amounts payable within one year | 42/48 | €40,987 | €12,897 | -€28,090 | -68.5% |
| Trade debts | 44 | €272 | €1,070 | +€798 | +293.6% |
| Suppliers | 440/4 | €272 | €1,070 | +€798 | +293.6% |
| Taxes, remuneration and social security | 45 | €3,245 | €1,053 | -€2,193 | -67.6% |
| Taxes | 450/3 | €189 | €53 | -€136 | -71.9% |
| Remuneration and social security | 454/9 | €3,057 | €1,000 | -€2,057 | -67.3% |
| Other amounts payable | 47/48 | €37,470 | €10,774 | -€26,696 | -71.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,579 | €955 | -€8,624 | -90.0% |
| Other operating charges | 640/8 | €798 | €104 | -€694 | -86.9% |
| Non-recurring operating charges | 66A | - | €11,675 | +€11,675 | |
| Gross operating margin | 9900 | €29,864 | €25,785 | -€4,079 | -13.7% |
| Operating profit (loss) | 9901 | €19,487 | €13,051 | -€6,436 | -33.0% |
| Financial income | 75/76B | €6 | €19 | +€13 | +196.3% |
| Recurring financial income | 75 | €6 | €19 | +€13 | +196.3% |
| Financial charges | 65/66B | €631 | €2,136 | +€1,504 | +238.3% |
| Recurring financial charges | 65 | €631 | €2,136 | +€1,504 | +238.3% |
| Profit (loss) for the period before taxes | 9903 | €18,863 | €10,934 | -€7,928 | -42.0% |
| Income taxes | 67/77 | €5,453 | €5,198 | -€255 | -4.7% |
| Profit (loss) for the period | 9904 | €13,410 | €5,736 | -€7,673 | -57.2% |
| Profit (loss) for the period to be appropriated | 9905 | €13,410 | €5,736 | -€7,673 | -57.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.