KINETRIX: 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.
KINETRIX
Largest movements
- Cash +€16,670
up €16,670 (+75.1%), from €22,196 to €38,865
mainly Net result for the year (+€27,833) and Receivables within one year (+€4,376)
- Receivables within one year -€4,376
no longer reported in 2025 (was €4,376)
- Receivables after one year -€3,494
no longer reported in 2025 (was €3,494)
- Tangible fixed assets +€1,591
up €1,591 (+72.4%), from €2,198 to €3,789
of which Furniture and vehicles: +€1,267
- Deferred charges and accrued income +€965
up €965 (+14.8%), from €6,538 to €7,504
- Reserves +€11,716
up €11,716 (+41.3%), from €28,398 to €40,113
- Trade debts -€6,919
down €6,919 (-91.2%), from €7,586 to €667
- Other debts +€2,913
up €2,913 (+424%), from €687 to €3,600
- Debts after one year +€2,439
new in 2025: €2,439
- Tax, wage and social debts +€790
up €790 (+460%), from €172 to €962
- Gross operating margin +€33,116
up €33,116 (+378%), from €8,759 to €41,874
- Taxes +€7,966
up €7,966 (+314%), from €2,533 to €10,500
- Financial charges +€1,415
up €1,415 (+649%), from €218 to €1,632
- Depreciation +€1,003
up €1,003 (+221%), from €453 to €1,456
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 | €38,802 | €50,158 | +€11,356 | +29.3% |
| Fixed assets | 21/28 | €2,198 | €3,789 | +€1,591 | +72.4% |
| Tangible fixed assets | 22/27 | €2,198 | €3,789 | +€1,591 | +72.4% |
| Plant, machinery and equipment | 23 | €525 | €850 | +€325 | +61.8% |
| Furniture and vehicles | 24 | €1,673 | €2,939 | +€1,267 | +75.7% |
| Current assets | 29/58 | €36,604 | €46,369 | +€9,765 | +26.7% |
| Amounts receivable after more than one year | 29 | €3,494 | - | -€3,494 | |
| Other amounts receivable | 291 | €3,494 | - | -€3,494 | |
| Amounts receivable within one year | 40/41 | €4,376 | - | -€4,376 | |
| Other amounts receivable | 41 | €4,376 | - | -€4,376 | |
| Cash at bank and in hand | 54/58 | €22,196 | €38,865 | +€16,670 | +75.1% |
| Deferred charges and accrued income | 490/1 | €6,538 | €7,504 | +€965 | +14.8% |
| Total equity and liabilities | 10/49 | €38,802 | €50,158 | +€11,356 | +29.3% |
| Equity | 10/15 | €29,898 | €41,613 | +€11,716 | +39.2% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €28,398 | €40,113 | +€11,716 | +41.3% |
| Distributable reserves | 133 | €28,398 | €40,113 | +€11,716 | +41.3% |
| Amounts payable | 17/49 | €8,905 | €8,545 | -€359 | -4.0% |
| Amounts payable after more than one year | 17 | - | €2,439 | +€2,439 | |
| Other amounts payable | 178/9 | - | €2,439 | +€2,439 | |
| Amounts payable within one year | 42/48 | €8,445 | €5,229 | -€3,216 | -38.1% |
| Trade debts | 44 | €7,586 | €667 | -€6,919 | -91.2% |
| Suppliers | 440/4 | €7,586 | €667 | -€6,919 | -91.2% |
| Taxes, remuneration and social security | 45 | €172 | €962 | +€790 | +460% |
| Taxes | 450/3 | €172 | €962 | +€790 | +460% |
| Other amounts payable | 47/48 | €687 | €3,600 | +€2,913 | +424% |
| Accrued charges and deferred income | 492/3 | €459 | €877 | +€417 | +90.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €453 | €1,456 | +€1,003 | +221% |
| Other operating charges | 640/8 | €455 | €616 | +€161 | +35.3% |
| Gross operating margin | 9900 | €8,759 | €41,874 | +€33,116 | +378% |
| Operating profit (loss) | 9901 | €7,850 | €39,801 | +€31,951 | +407% |
| Financial income | 75/76B | €304 | €164 | -€140 | -46.1% |
| Recurring financial income | 75 | €304 | €164 | -€140 | -46.1% |
| Financial charges | 65/66B | €218 | €1,632 | +€1,415 | +649% |
| Recurring financial charges | 65 | €218 | €1,632 | +€1,415 | +649% |
| Profit (loss) for the period before taxes | 9903 | €7,936 | €38,333 | +€30,397 | +383% |
| Income taxes | 67/77 | €2,533 | €10,500 | +€7,966 | +314% |
| Profit (loss) for the period | 9904 | €5,403 | €27,833 | +€22,430 | +415% |
| Profit (loss) for the period to be appropriated | 9905 | €5,403 | €27,833 | +€22,430 | +415% |
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 14 October 2026 via checked.be.