Kinesitherapie ACT: 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.
Kinesitherapie ACT
Largest movements
- Cash +€29,425
up €29,425 (+191%), from €15,394 to €44,820
mainly Net result for the year (+€49,235) and Depreciation (+€32,400)
- Tangible fixed assets -€24,613
down €24,613 (-2.3%), from €1.1m to €1.1m
of which Land and buildings: -€25,709
- Receivables within one year -€13,891
down €13,891 (-95.6%), from €14,525 to €634
- Profit (loss) carried forward +€49,235
up €49,235 (+51.1%), from €96,408 to €145,642
- Other debts -€36,790
down €36,790 (-67.9%), from €54,162 to €17,371
- Debts after one year -€27,043
down €27,043 (-3.0%), from €909,288 to €882,245
of which Financial debts: -€27,043
- Gross operating margin +€48,357
up €48,357 (+63.5%), from €76,165 to €124,522
- Depreciation +€21,622
up €21,622 (+201%), from €10,778 to €32,400
- Taxes +€6,749
up €6,749 (+2,636%), from €256 to €7,005
- Financial charges +€3,618
up €3,618 (+11.5%), from €31,464 to €35,082
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 | €1,124,209 | €1,112,080 | -€12,128 | -1.1% |
| Fixed assets | 21/28 | €1,090,149 | €1,065,536 | -€24,613 | -2.3% |
| Tangible fixed assets | 22/27 | €1,090,149 | €1,065,536 | -€24,613 | -2.3% |
| Land and buildings | 22 | €1,055,909 | €1,030,201 | -€25,709 | -2.4% |
| Plant, machinery and equipment | 23 | €32,296 | €34,202 | +€1,906 | +5.9% |
| Furniture and vehicles | 24 | €1,944 | €1,133 | -€811 | -41.7% |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Current assets | 29/58 | €34,060 | €46,545 | +€12,485 | +36.7% |
| Amounts receivable within one year | 40/41 | €14,525 | €634 | -€13,891 | -95.6% |
| Trade receivables | 40 | €14,525 | €634 | -€13,891 | -95.6% |
| Cash at bank and in hand | 54/58 | €15,394 | €44,820 | +€29,425 | +191% |
| Deferred charges and accrued income | 490/1 | €4,140 | €1,091 | -€3,049 | -73.6% |
| Total equity and liabilities | 10/49 | €1,124,209 | €1,112,080 | -€12,128 | -1.1% |
| Equity | 10/15 | €116,408 | €165,642 | +€49,235 | +42.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €96,408 | €145,642 | +€49,235 | +51.1% |
| Amounts payable | 17/49 | €1,007,801 | €946,438 | -€61,363 | -6.1% |
| Amounts payable after more than one year | 17 | €909,288 | €882,245 | -€27,043 | -3.0% |
| Financial debts | 170/4 | €809,288 | €782,245 | -€27,043 | -3.3% |
| Other amounts payable | 178/9 | €100,000 | €100,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €90,967 | €54,439 | -€36,528 | -40.2% |
| Current portion of amounts payable after more than one year | 42 | €30,267 | €27,043 | -€3,224 | -10.7% |
| Trade debts | 44 | €589 | €3,197 | +€2,608 | +443% |
| Suppliers | 440/4 | €589 | €3,197 | +€2,608 | +443% |
| Taxes, remuneration and social security | 45 | €5,949 | €6,828 | +€879 | +14.8% |
| Taxes | 450/3 | €5,949 | €6,741 | +€792 | +13.3% |
| Remuneration and social security | 454/9 | - | €87 | +€87 | |
| Other amounts payable | 47/48 | €54,162 | €17,371 | -€36,790 | -67.9% |
| Accrued charges and deferred income | 492/3 | €7,546 | €9,754 | +€2,208 | +29.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,778 | €32,400 | +€21,622 | +201% |
| Other operating charges | 640/8 | €416 | €801 | +€385 | +92.6% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €76,165 | €124,522 | +€48,357 | +63.5% |
| Operating profit (loss) | 9901 | €64,971 | €91,321 | +€26,350 | +40.6% |
| Financial income | 75/76B | €251 | - | -€251 | |
| Recurring financial income | 75 | €251 | - | -€251 | |
| Financial charges | 65/66B | €31,464 | €35,082 | +€3,618 | +11.5% |
| Recurring financial charges | 65 | €31,464 | €35,082 | +€3,618 | +11.5% |
| Profit (loss) for the period before taxes | 9903 | €33,758 | €56,240 | +€22,481 | +66.6% |
| Income taxes | 67/77 | €256 | €7,005 | +€6,749 | +2,636% |
| Profit (loss) for the period | 9904 | €33,502 | €49,235 | +€15,733 | +47.0% |
| Profit (loss) for the period to be appropriated | 9905 | €33,502 | €49,235 | +€15,733 | +47.0% |
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 31 October 2026 via checked.be.