Kinet IT Consultancy: 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.
Kinet IT Consultancy
Largest movements
- Cash +€40,747
up €40,747 (+69.9%), from €58,304 to €99,050
mainly Net result for the year (+€50,080) and Tax, wage and social debts (+€2,468)
- Receivables within one year +€11,834
up €11,834 (+1,039%), from €1,139 to €12,973
of which Trade receivables: +€12,973
- Profit (loss) carried forward +€50,080
up €50,080 (+91.5%), from €54,736 to €104,817
- Tax, wage and social debts +€2,468
up €2,468 (+38.6%), from €6,397 to €8,865
- Gross operating margin -€2,842
down €2,842 (-4.1%), from €69,792 to €66,950
- Financial charges +€1,675
up €1,675 (+2,778%), from €60 to €1,735
- Depreciation +€1,084
up €1,084 (+135%), from €802 to €1,886
- Taxes -€945
down €945 (-6.7%), from €14,131 to €13,186
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 | €68,440 | €119,917 | +€51,477 | +75.2% |
| Fixed assets | 21/28 | €8,172 | €7,821 | -€351 | -4.3% |
| Tangible fixed assets | 22/27 | €8,172 | €7,821 | -€351 | -4.3% |
| Plant, machinery and equipment | 23 | €1,671 | €1,331 | -€340 | -20.4% |
| Furniture and vehicles | 24 | €6,501 | €5,046 | -€1,454 | -22.4% |
| Other tangible fixed assets | 26 | - | €1,444 | +€1,444 | |
| Current assets | 29/58 | €60,269 | €112,096 | +€51,828 | +86.0% |
| Amounts receivable within one year | 40/41 | €1,139 | €12,973 | +€11,834 | +1,039% |
| Trade receivables | 40 | - | €12,973 | +€12,973 | |
| Other amounts receivable | 41 | €1,139 | - | -€1,139 | |
| Cash at bank and in hand | 54/58 | €58,304 | €99,050 | +€40,747 | +69.9% |
| Deferred charges and accrued income | 490/1 | €826 | €72 | -€754 | -91.2% |
| Total equity and liabilities | 10/49 | €68,440 | €119,917 | +€51,477 | +75.2% |
| Equity | 10/15 | €57,236 | €107,317 | +€50,080 | +87.5% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €54,736 | €104,817 | +€50,080 | +91.5% |
| Amounts payable | 17/49 | €11,204 | €12,600 | +€1,397 | +12.5% |
| Amounts payable within one year | 42/48 | €11,204 | €12,600 | +€1,397 | +12.5% |
| Trade debts | 44 | - | €88 | +€88 | |
| Suppliers | 440/4 | - | €88 | +€88 | |
| Taxes, remuneration and social security | 45 | €6,397 | €8,865 | +€2,468 | +38.6% |
| Taxes | 450/3 | €6,397 | €8,865 | +€2,468 | +38.6% |
| Other amounts payable | 47/48 | €4,807 | €3,648 | -€1,159 | -24.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €802 | €1,886 | +€1,084 | +135% |
| Other operating charges | 640/8 | €62 | €62 | = | 0.0% |
| Gross operating margin | 9900 | €69,792 | €66,950 | -€2,842 | -4.1% |
| Operating profit (loss) | 9901 | €68,928 | €65,002 | -€3,926 | -5.7% |
| Financial charges | 65/66B | €60 | €1,735 | +€1,675 | +2,778% |
| Recurring financial charges | 65 | €60 | €1,735 | +€1,675 | +2,778% |
| Profit (loss) for the period before taxes | 9903 | €68,868 | €63,267 | -€5,601 | -8.1% |
| Income taxes | 67/77 | €14,131 | €13,186 | -€945 | -6.7% |
| Profit (loss) for the period | 9904 | €54,736 | €50,080 | -€4,656 | -8.5% |
| Profit (loss) for the period to be appropriated | 9905 | €54,736 | €50,080 | -€4,656 | -8.5% |
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 28 October 2026 via checked.be.