KINETIC STD: 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.
KINETIC STD
Largest movements
- Intangible fixed assets +€24,605
new in 2025: €24,605
- Cash +€3,160
new in 2025: €3,160
mainly Net result for the year (+€17,490) and Trade debts (+€6,650)
- Receivables within one year +€612
up €612 (+118%), from €517 to €1,128
of which Trade receivables: +€472
- Formation expenses +€377
new in 2025: €377
- Profit (loss) carried forward +€17,490
up €17,490 (+68.2%), from -€25,654 to -€8,164
- Trade debts +€6,650
new in 2025: €6,650
- Other debts +€3,074
up €3,074 (+53.8%), from €5,711 to €8,785
- Tax, wage and social debts +€1,538
new in 2025: €1,538
- Gross operating margin +€23,163
up €23,163, from -€956 to €22,207
- Depreciation +€2,223
new in 2025: €2,223
- Taxes +€1,367
new in 2025: €1,367
- Financial charges +€627
new in 2025: €627
- Other operating charges +€500
new in 2025: €500
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 | €517 | €29,270 | +€28,753 | +5,563% |
| Formation expenses | 20 | - | €377 | +€377 | |
| Fixed assets | 21/28 | - | €24,605 | +€24,605 | |
| Intangible fixed assets | 21 | - | €24,605 | +€24,605 | |
| Current assets | 29/58 | €517 | €4,288 | +€3,772 | +730% |
| Amounts receivable within one year | 40/41 | €517 | €1,128 | +€612 | +118% |
| Trade receivables | 40 | - | €472 | +€472 | |
| Other amounts receivable | 41 | €517 | €656 | +€140 | +27.0% |
| Cash at bank and in hand | 54/58 | - | €3,160 | +€3,160 | |
| Total equity and liabilities | 10/49 | €517 | €29,270 | +€28,753 | +5,563% |
| Equity | 10/15 | -€5,194 | €12,296 | +€17,490 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€25,654 | -€8,164 | +€17,490 | +68.2% |
| Amounts payable | 17/49 | €5,711 | €16,974 | +€11,263 | +197% |
| Amounts payable within one year | 42/48 | €5,711 | €16,972 | +€11,262 | +197% |
| Trade debts | 44 | - | €6,650 | +€6,650 | |
| Suppliers | 440/4 | - | €6,650 | +€6,650 | |
| Taxes, remuneration and social security | 45 | - | €1,538 | +€1,538 | |
| Taxes | 450/3 | - | €1,538 | +€1,538 | |
| Other amounts payable | 47/48 | €5,711 | €8,785 | +€3,074 | +53.8% |
| Accrued charges and deferred income | 492/3 | - | €2 | +€2 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €2,223 | +€2,223 | |
| Other operating charges | 640/8 | - | €500 | +€500 | |
| Gross operating margin | 9900 | -€956 | €22,207 | +€23,163 | |
| Operating profit (loss) | 9901 | -€956 | €19,485 | +€20,441 | |
| Financial charges | 65/66B | - | €627 | +€627 | |
| Recurring financial charges | 65 | - | €627 | +€627 | |
| Profit (loss) for the period before taxes | 9903 | -€956 | €18,858 | +€19,814 | |
| Income taxes | 67/77 | - | €1,367 | +€1,367 | |
| Profit (loss) for the period | 9904 | -€956 | €17,490 | +€18,446 | |
| Profit (loss) for the period to be appropriated | 9905 | -€956 | €17,490 | +€18,446 |
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 19 October 2026 via checked.be.