KINESIX: 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.
KINESIX
Largest movements
- Deferred charges and accrued income +€42,278
up €42,278, from €0 to €42,278
- Tangible fixed assets +€32,352
new in 2025: €32,352
of which Plant, machinery and equipment: +€20,932
- Intangible fixed assets +€27,549
new in 2025: €27,549
- Cash +€7,654
up €7,654 (+28.8%), from €26,558 to €34,212
- Receivables within one year +€3,733
new in 2025: €3,733
- Other debts +€59,663
up €59,663 (+4,230%), from €1,411 to €61,074
- Reserves +€47,158
up €47,158 (+271%), from €17,395 to €64,554
- Tax, wage and social debts +€3,689
up €3,689 (+722%), from €511 to €4,200
- Accrued charges and deferred income +€1,625
up €1,625 (+423%), from €384 to €2,009
- Trade debts +€1,430
up €1,430 (+946%), from €151 to €1,581
- Gross operating margin +€76,130
up €76,130 (+2,802%), from €2,717 to €78,847
- Taxes +€18,367
up €18,367 (+2,265%), from €811 to €19,178
- Depreciation +€11,645
new in 2025: €11,645
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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €26,558 | €140,124 | +€113,566 | +428% |
| Fixed assets | 21/28 | - | €59,901 | +€59,901 | |
| Intangible fixed assets | 21 | - | €27,549 | +€27,549 | |
| Tangible fixed assets | 22/27 | - | €32,352 | +€32,352 | |
| Plant, machinery and equipment | 23 | - | €20,932 | +€20,932 | |
| Furniture and vehicles | 24 | - | €11,420 | +€11,420 | |
| Current assets | 29/58 | €26,558 | €80,223 | +€53,665 | +202% |
| Amounts receivable within one year | 40/41 | - | €3,733 | +€3,733 | |
| Other amounts receivable | 41 | - | €3,733 | +€3,733 | |
| Cash at bank and in hand | 54/58 | €26,558 | €34,212 | +€7,654 | +28.8% |
| Deferred charges and accrued income | 490/1 | €0 | €42,278 | +€42,278 | |
| Total equity and liabilities | 10/49 | €26,558 | €140,124 | +€113,566 | +428% |
| Equity | 10/15 | €24,101 | €71,259 | +€47,158 | +196% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €17,395 | €64,554 | +€47,158 | +271% |
| Distributable reserves | 133 | €17,395 | €64,554 | +€47,158 | +271% |
| Profit (loss) carried forward | 14 | €506 | €506 | = | 0.0% |
| Amounts payable | 17/49 | €2,457 | €68,864 | +€66,407 | +2,703% |
| Amounts payable within one year | 42/48 | €2,073 | €66,855 | +€64,783 | +3,126% |
| Trade debts | 44 | €151 | €1,581 | +€1,430 | +946% |
| Suppliers | 440/4 | €151 | €1,581 | +€1,430 | +946% |
| Taxes, remuneration and social security | 45 | €511 | €4,200 | +€3,689 | +722% |
| Taxes | 450/3 | €511 | €4,200 | +€3,689 | +722% |
| Other amounts payable | 47/48 | €1,411 | €61,074 | +€59,663 | +4,230% |
| Accrued charges and deferred income | 492/3 | €384 | €2,009 | +€1,625 | +423% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €11,645 | +€11,645 | |
| Other operating charges | 640/8 | €485 | €756 | +€271 | +55.8% |
| Gross operating margin | 9900 | €2,717 | €78,847 | +€76,130 | +2,802% |
| Operating profit (loss) | 9901 | €2,232 | €66,446 | +€64,214 | +2,877% |
| Financial income | 75/76B | - | €12 | +€12 | |
| Recurring financial income | 75 | - | €12 | +€12 | |
| Financial charges | 65/66B | €30 | €122 | +€92 | +306% |
| Recurring financial charges | 65 | €30 | €122 | +€92 | +306% |
| Profit (loss) for the period before taxes | 9903 | €2,202 | €66,336 | +€64,134 | +2,912% |
| Income taxes | 67/77 | €811 | €19,178 | +€18,367 | +2,265% |
| Profit (loss) for the period | 9904 | €1,391 | €47,158 | +€45,767 | +3,290% |
| Profit (loss) for the period to be appropriated | 9905 | €1,391 | €47,158 | +€45,767 | +3,290% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.