KINETEK: 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.
KINETEK
Largest movements
- Cash +€8,649
up €8,649 (+20.3%), from €42,661 to €51,310
mainly Other debts (+€12,172) and Depreciation (+€966)
- Receivables within one year +€2,187
up €2,187 (+789%), from €277 to €2,464
- Other debts +€12,172
up €12,172 (+18.9%), from €64,393 to €76,564
- Accrued charges and deferred income -€4,250
down €4,250 (-100%), from €4,250 to €0
- Financial charges -€2,701
down €2,701 (-95.0%), from €2,844 to €143
- Taxes +€876
up €876 (+234%), from €374 to €1,250
- Other operating charges +€233
up €233 (+16.7%), from €1,393 to €1,626
- Gross operating margin +€81
up €81 (+1.9%), from €4,209 to €4,290
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 | €107,342 | €116,444 | +€9,102 | +8.5% |
| Fixed assets | 21/28 | €63,636 | €62,670 | -€966 | -1.5% |
| Tangible fixed assets | 22/27 | €63,636 | €62,670 | -€966 | -1.5% |
| Land and buildings | 22 | €63,636 | €62,670 | -€966 | -1.5% |
| Current assets | 29/58 | €43,705 | €53,774 | +€10,069 | +23.0% |
| Amounts receivable within one year | 40/41 | €277 | €2,464 | +€2,187 | +789% |
| Trade receivables | 40 | €277 | €2,464 | +€2,187 | +789% |
| Cash at bank and in hand | 54/58 | €42,661 | €51,310 | +€8,649 | +20.3% |
| Deferred charges and accrued income | 490/1 | €767 | €0 | -€767 | -100% |
| Total equity and liabilities | 10/49 | €107,342 | €116,444 | +€9,102 | +8.5% |
| Equity | 10/15 | €38,024 | €38,329 | +€305 | +0.8% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €19,432 | €19,737 | +€305 | +1.6% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €17,573 | €17,878 | +€305 | +1.7% |
| Amounts payable | 17/49 | €69,317 | €78,115 | +€8,797 | +12.7% |
| Amounts payable within one year | 42/48 | €65,067 | €78,115 | +€13,048 | +20.1% |
| Taxes, remuneration and social security | 45 | €674 | €1,550 | +€876 | +130% |
| Taxes | 450/3 | €674 | €1,550 | +€876 | +130% |
| Other amounts payable | 47/48 | €64,393 | €76,564 | +€12,172 | +18.9% |
| Accrued charges and deferred income | 492/3 | €4,250 | €0 | -€4,250 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €966 | €966 | = | 0.0% |
| Other operating charges | 640/8 | €1,393 | €1,626 | +€233 | +16.7% |
| Gross operating margin | 9900 | €4,209 | €4,290 | +€81 | +1.9% |
| Operating profit (loss) | 9901 | €1,850 | €1,698 | -€151 | -8.2% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €2,844 | €143 | -€2,701 | -95.0% |
| Recurring financial charges | 65 | €2,844 | €143 | -€2,701 | -95.0% |
| Profit (loss) for the period before taxes | 9903 | -€994 | €1,555 | +€2,549 | |
| Income taxes | 67/77 | €374 | €1,250 | +€876 | +234% |
| Profit (loss) for the period | 9904 | -€1,368 | €305 | +€1,673 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,368 | €305 | +€1,673 |
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 17 October 2026 via checked.be.