KineTa: 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.
KineTa
Largest movements
- Cash +€35,092
up €35,092 (+92.4%), from €37,986 to €73,078
mainly Other debts (+€42,811) and Net result for the year (+€37,878)
- Tangible fixed assets -€16,012
down €16,012 (-28.2%), from €56,834 to €40,822
- Receivables within one year +€2,528
up €2,528 (+8.3%), from €30,322 to €32,850
of which Trade receivables: +€2,528
- Other debts +€42,811
up €42,811 (+296%), from €14,485 to €57,296
- Profit (loss) carried forward -€14,002
down €14,002 (-27.0%), from €51,880 to €37,878
- Debts after one year -€11,385
down €11,385 (-100%), from €11,385 to €0
- Trade debts +€9,720
up €9,720 (+94.5%), from €10,290 to €20,010
- Current portion of long-term debt -€4,363
down €4,363 (-27.7%), from €15,749 to €11,385
- Gross operating margin +€12,168
up €12,168 (+22.9%), from €53,071 to €65,239
- Taxes +€2,695
up €2,695 (+38.0%), from €7,092 to €9,787
- Financial income -€951
down €951 (-99.7%), from €953 to €3
- Other operating charges -€891
down €891 (-53.6%), from €1,662 to €771
- Depreciation -€824
down €824 (-4.9%), from €16,837 to €16,012
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 | €125,341 | €146,956 | +€21,615 | +17.2% |
| Fixed assets | 21/28 | €56,834 | €40,822 | -€16,012 | -28.2% |
| Tangible fixed assets | 22/27 | €56,834 | €40,822 | -€16,012 | -28.2% |
| Land and buildings | 22 | €32,440 | €25,121 | -€7,319 | -22.6% |
| Plant, machinery and equipment | 23 | €3,740 | €2,406 | -€1,333 | -35.7% |
| Furniture and vehicles | 24 | €20,654 | €13,294 | -€7,360 | -35.6% |
| Current assets | 29/58 | €68,507 | €106,134 | +€37,627 | +54.9% |
| Amounts receivable within one year | 40/41 | €30,322 | €32,850 | +€2,528 | +8.3% |
| Trade receivables | 40 | €30,322 | €32,850 | +€2,528 | +8.3% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €37,986 | €73,078 | +€35,092 | +92.4% |
| Deferred charges and accrued income | 490/1 | €199 | €206 | +€7 | +3.6% |
| Total equity and liabilities | 10/49 | €125,341 | €146,956 | +€21,615 | +17.2% |
| Equity | 10/15 | €72,340 | €56,478 | -€15,862 | -21.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €0 | -€1,860 | -100% |
| Distributable reserves | 133 | €1,860 | €0 | -€1,860 | -100% |
| Profit (loss) carried forward | 14 | €51,880 | €37,878 | -€14,002 | -27.0% |
| Amounts payable | 17/49 | €53,001 | €90,478 | +€37,477 | +70.7% |
| Amounts payable after more than one year | 17 | €11,385 | €0 | -€11,385 | -100% |
| Financial debts | 170/4 | €11,385 | €0 | -€11,385 | -100% |
| Amounts payable within one year | 42/48 | €41,615 | €90,478 | +€48,862 | +117% |
| Current portion of amounts payable after more than one year | 42 | €15,749 | €11,385 | -€4,363 | -27.7% |
| Trade debts | 44 | €10,290 | €20,010 | +€9,720 | +94.5% |
| Suppliers | 440/4 | €10,290 | €20,010 | +€9,720 | +94.5% |
| Taxes, remuneration and social security | 45 | €1,092 | €1,787 | +€695 | +63.7% |
| Taxes | 450/3 | €1,092 | €1,787 | +€695 | +63.7% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €14,485 | €57,296 | +€42,811 | +296% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,837 | €16,012 | -€824 | -4.9% |
| Other operating charges | 640/8 | €1,662 | €771 | -€891 | -53.6% |
| Gross operating margin | 9900 | €53,071 | €65,239 | +€12,168 | +22.9% |
| Operating profit (loss) | 9901 | €34,572 | €48,455 | +€13,883 | +40.2% |
| Financial income | 75/76B | €953 | €3 | -€951 | -99.7% |
| Recurring financial income | 75 | €953 | €3 | -€951 | -99.7% |
| Financial charges | 65/66B | €1,140 | €793 | -€347 | -30.4% |
| Recurring financial charges | 65 | €1,140 | €793 | -€347 | -30.4% |
| Profit (loss) for the period before taxes | 9903 | €34,385 | €47,665 | +€13,279 | +38.6% |
| Income taxes | 67/77 | €7,092 | €9,787 | +€2,695 | +38.0% |
| Profit (loss) for the period | 9904 | €27,294 | €37,878 | +€10,584 | +38.8% |
| Profit (loss) for the period to be appropriated | 9905 | €27,294 | €37,878 | +€10,584 | +38.8% |
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 15 October 2026 via checked.be.