KineVie: 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.
KineVie
Largest movements
- Cash +€13,786
up €13,786 (+233%), from €5,916 to €19,701
mainly Investment in fixed assets (net) (+€9,818) and Depreciation (+€3,417)
- Tangible fixed assets -€10,966
down €10,966 (-84.7%), from €12,952 to €1,986
- Receivables within one year +€5,996
up €5,996 (+377%), from €1,591 to €7,587
of which Trade receivables: +€3,782
- Intangible fixed assets -€1,900
down €1,900 (-10.3%), from €18,387 to €16,487
- Deferred charges and accrued income +€477
new in 2025: €477
- Tax, wage and social debts +€3,251
new in 2025: €3,251
- Other debts +€1,868
up €1,868 (+6.5%), from €28,703 to €30,571
- Profit (loss) carried forward +€1,597
up €1,597 (+23.8%), from €6,702 to €8,299
- Other operating charges +€6,966
up €6,966 (+10,069%), from €69 to €7,035
- Gross operating margin +€5,846
up €5,846 (+50.2%), from €11,642 to €17,487
- Taxes +€2,661
up €2,661 (+100%), from €2,651 to €5,312
- Depreciation +€1,197
up €1,197 (+54.0%), from €2,219 to €3,417
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 | €40,574 | €47,598 | +€7,024 | +17.3% |
| Formation expenses | 20 | €1,729 | €1,360 | -€369 | -21.3% |
| Fixed assets | 21/28 | €31,339 | €18,473 | -€12,866 | -41.1% |
| Intangible fixed assets | 21 | €18,387 | €16,487 | -€1,900 | -10.3% |
| Tangible fixed assets | 22/27 | €12,952 | €1,986 | -€10,966 | -84.7% |
| Furniture and vehicles | 24 | €12,952 | €1,986 | -€10,966 | -84.7% |
| Current assets | 29/58 | €7,507 | €27,765 | +€20,258 | +270% |
| Amounts receivable within one year | 40/41 | €1,591 | €7,587 | +€5,996 | +377% |
| Trade receivables | 40 | €1,442 | €5,224 | +€3,782 | +262% |
| Other amounts receivable | 41 | €149 | €2,363 | +€2,214 | +1,488% |
| Cash at bank and in hand | 54/58 | €5,916 | €19,701 | +€13,786 | +233% |
| Deferred charges and accrued income | 490/1 | - | €477 | +€477 | |
| Total equity and liabilities | 10/49 | €40,574 | €47,598 | +€7,024 | +17.3% |
| Equity | 10/15 | €11,702 | €13,299 | +€1,597 | +13.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,702 | €8,299 | +€1,597 | +23.8% |
| Amounts payable | 17/49 | €28,872 | €34,299 | +€5,427 | +18.8% |
| Amounts payable within one year | 42/48 | €28,833 | €34,268 | +€5,435 | +18.8% |
| Trade debts | 44 | €130 | €446 | +€316 | +243% |
| Suppliers | 440/4 | €130 | €446 | +€316 | +243% |
| Taxes, remuneration and social security | 45 | - | €3,251 | +€3,251 | |
| Taxes | 450/3 | - | €3,251 | +€3,251 | |
| Other amounts payable | 47/48 | €28,703 | €30,571 | +€1,868 | +6.5% |
| Accrued charges and deferred income | 492/3 | €39 | €32 | -€8 | -19.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,219 | €3,417 | +€1,197 | +54.0% |
| Other operating charges | 640/8 | €69 | €7,035 | +€6,966 | +10,069% |
| Gross operating margin | 9900 | €11,642 | €17,487 | +€5,846 | +50.2% |
| Operating profit (loss) | 9901 | €9,353 | €7,036 | -€2,317 | -24.8% |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | - | €128 | +€128 | |
| Recurring financial charges | 65 | - | €128 | +€128 | |
| Profit (loss) for the period before taxes | 9903 | €9,353 | €6,909 | -€2,444 | -26.1% |
| Income taxes | 67/77 | €2,651 | €5,312 | +€2,661 | +100% |
| Profit (loss) for the period | 9904 | €6,702 | €1,597 | -€5,105 | -76.2% |
| Profit (loss) for the period to be appropriated | 9905 | €6,702 | €1,597 | -€5,105 | -76.2% |
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 18 October 2026 via checked.be.