KineTeam: 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.
KineTeam
Largest movements
- Cash +€18,087
up €18,087 (+25.5%), from €71,066 to €89,152
mainly Net result for the year (+€25,943) and Trade debts (+€7,134)
- Tangible fixed assets -€5,063
down €5,063 (-15.8%), from €32,072 to €27,008
of which Land and buildings: -€3,673
- Intangible fixed assets -€2,000
down €2,000 (-12.4%), from €16,170 to €14,170
- Reserves +€110,764
up €110,764 (+36,921%), from €300 to €111,064
of which Distributable reserves: +€111,064
- Profit (loss) carried forward -€84,821
no longer reported in 2025 (was €84,821)
- Other debts -€18,066
no longer reported in 2025 (was €18,066)
- Trade debts +€7,134
new in 2025: €7,134
- Tax, wage and social debts -€3,994
down €3,994 (-30.4%), from €13,126 to €9,131
- Gross operating margin -€15,968
down €15,968 (-27.4%), from €58,275 to €42,308
- Taxes -€3,994
down €3,994 (-31.4%), from €12,706 to €8,711
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 | €119,313 | €130,330 | +€11,017 | +9.2% |
| Fixed assets | 21/28 | €48,241 | €41,178 | -€7,063 | -14.6% |
| Intangible fixed assets | 21 | €16,170 | €14,170 | -€2,000 | -12.4% |
| Tangible fixed assets | 22/27 | €32,072 | €27,008 | -€5,063 | -15.8% |
| Land and buildings | 22 | €26,772 | €23,099 | -€3,673 | -13.7% |
| Plant, machinery and equipment | 23 | €5,300 | €3,909 | -€1,391 | -26.2% |
| Current assets | 29/58 | €71,071 | €89,152 | +€18,081 | +25.4% |
| Amounts receivable within one year | 40/41 | €6 | - | -€6 | |
| Trade receivables | 40 | €6 | - | -€6 | |
| Cash at bank and in hand | 54/58 | €71,066 | €89,152 | +€18,087 | +25.5% |
| Total equity and liabilities | 10/49 | €119,313 | €130,330 | +€11,017 | +9.2% |
| Equity | 10/15 | €88,121 | €114,064 | +€25,943 | +29.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Capital | 10 | €3,000 | €3,000 | = | 0.0% |
| Issued capital | 100 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €300 | €111,064 | +€110,764 | +36,921% |
| Non-distributable reserves | 130/1 | €300 | - | -€300 | |
| Legal reserve | 130 | €300 | - | -€300 | |
| Distributable reserves | 133 | - | €111,064 | +€111,064 | |
| Profit (loss) carried forward | 14 | €84,821 | - | -€84,821 | |
| Amounts payable | 17/49 | €31,191 | €16,266 | -€14,926 | -47.9% |
| Amounts payable within one year | 42/48 | €31,191 | €16,266 | -€14,926 | -47.9% |
| Trade debts | 44 | - | €7,134 | +€7,134 | |
| Suppliers | 440/4 | - | €7,134 | +€7,134 | |
| Taxes, remuneration and social security | 45 | €13,126 | €9,131 | -€3,994 | -30.4% |
| Taxes | 450/3 | €13,126 | €9,131 | -€3,994 | -30.4% |
| Other amounts payable | 47/48 | €18,066 | - | -€18,066 | |
| Non-recurring operating income | 76A | €750 | - | -€750 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,595 | €7,063 | +€469 | +7.1% |
| Other operating charges | 640/8 | €384 | €387 | +€3 | +0.8% |
| Gross operating margin | 9900 | €58,275 | €42,308 | -€15,968 | -27.4% |
| Operating profit (loss) | 9901 | €51,296 | €34,857 | -€16,439 | -32.0% |
| Financial charges | 65/66B | €180 | €203 | +€23 | +12.5% |
| Recurring financial charges | 65 | €180 | €203 | +€23 | +12.5% |
| Profit (loss) for the period before taxes | 9903 | €51,116 | €34,655 | -€16,462 | -32.2% |
| Income taxes | 67/77 | €12,706 | €8,711 | -€3,994 | -31.4% |
| Profit (loss) for the period | 9904 | €38,411 | €25,943 | -€12,468 | -32.5% |
| Profit (loss) for the period to be appropriated | 9905 | €38,411 | €25,943 | -€12,468 | -32.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.