KinéVal: what changed
Two fiscal 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.
KinéVal
Largest movements
- Cash +€12,136
up €12,136 (+88.2%), from €13,752 to €25,888
mainly Net result for the year (+€12,402) and Tax, wage and social debts (+€885)
- Deferred charges and accrued income -€398
down €398 (-35.4%), from €1,125 to €726
- Profit (loss) carried forward +€12,402
up €12,402 (+146.7%), from €8,453 to €20,855
- Other debts -€1,014
down €1,014 (-62.0%), from €1,636 to €622
- Tax, wage and social debts +€885
up €885 (+32.7%), from €2,709 to €3,595
of which Taxes: +€885
- Trade debts -€471
down €471 (-91.8%), from €513 to €42
- Gross operating margin +€4,941
up €4,941 (+41.2%), from €11,989 to €16,930
- Taxes +€1,196
up €1,196 (+44.5%), from €2,689 to €3,885
- Other operating charges +€400
up €400 (+225.8%), from €177 to €577
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.
Cash bridge derived
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 | €14,877 | €26,614 | +€11,737 | +78.9% |
| Current assets | 29/58 | €14,877 | €26,614 | +€11,737 | +78.9% |
| Cash at bank and in hand | 54/58 | €13,752 | €25,888 | +€12,136 | +88.2% |
| Deferred charges and accrued income | 490/1 | €1,125 | €726 | -€398 | -35.4% |
| Total equity and liabilities | 10/49 | €14,877 | €26,614 | +€11,737 | +78.9% |
| Equity | 10/15 | €9,953 | €22,355 | +€12,402 | +124.6% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,453 | €20,855 | +€12,402 | +146.7% |
| Amounts payable | 17/49 | €4,924 | €4,259 | -€665 | -13.5% |
| Amounts payable within one year | 42/48 | €4,859 | €4,259 | -€600 | -12.3% |
| Trade debts | 44 | €513 | €42 | -€471 | -91.8% |
| Suppliers | 440/4 | €513 | €42 | -€471 | -91.8% |
| Taxes, remuneration and social security | 45 | €2,709 | €3,595 | +€885 | +32.7% |
| Taxes | 450/3 | €2,389 | €3,275 | +€885 | +37.1% |
| Remuneration and social security | 454/9 | €320 | €320 | = | 0.0% |
| Other amounts payable | 47/48 | €1,636 | €622 | -€1,014 | -62.0% |
| Accrued charges and deferred income | 492/3 | €65 | - | -€65 | |
| Other operating charges | 640/8 | €177 | €577 | +€400 | +225.8% |
| Gross operating margin | 9900 | €11,989 | €16,930 | +€4,941 | +41.2% |
| Operating profit (loss) | 9901 | €11,812 | €16,353 | +€4,541 | +38.4% |
| Financial charges | 65/66B | €77 | €66 | -€11 | -14.4% |
| Recurring financial charges | 65 | €77 | €66 | -€11 | -14.4% |
| Profit (loss) for the period before taxes | 9903 | €11,736 | €16,288 | +€4,552 | +38.8% |
| Income taxes | 67/77 | €2,689 | €3,885 | +€1,196 | +44.5% |
| Profit (loss) for the period | 9904 | €9,046 | €12,402 | +€3,356 | +37.1% |
| Profit (loss) for the period to be appropriated | 9905 | €9,046 | €12,402 | +€3,356 | +37.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.