KINEVISION: 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.
KINEVISION
Largest movements
- Cash +€21,293
up €21,293 (+78.1%), from €27,247 to €48,541
mainly Net result for the year (+€16,259) and Depreciation (+€7,483)
- Tangible fixed assets -€7,483
down €7,483 (-53.2%), from €14,057 to €6,573
of which Furniture and vehicles: -€7,274
- Receivables within one year -€3,178
no longer reported in 2025 (was €3,178)
- Reserves +€16,259
up €16,259 (+85.1%), from €19,101 to €35,360
- Debts after one year -€4,154
down €4,154 (-80.3%), from €5,170 to €1,016
- Tax, wage and social debts +€2,783
new in 2025: €2,783
- Current portion of long-term debt -€2,066
down €2,066 (-33.2%), from €6,220 to €4,154
- Other debts -€1,123
down €1,123 (-15.4%), from €7,307 to €6,184
- Gross operating margin +€18,021
up €18,021 (+122.2%), from €14,745 to €32,766
- Taxes +€4,960
up €4,960 (+175.8%), from €2,822 to €7,783
- Depreciation -€668
down €668 (-8.2%), from €8,151 to €7,483
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 | €45,261 | €55,918 | +€10,657 | +23.5% |
| Fixed assets | 21/28 | €14,082 | €6,598 | -€7,483 | -53.1% |
| Tangible fixed assets | 22/27 | €14,057 | €6,573 | -€7,483 | -53.2% |
| Plant, machinery and equipment | 23 | €209 | - | -€209 | |
| Furniture and vehicles | 24 | €13,847 | €6,573 | -€7,274 | -52.5% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €31,180 | €49,320 | +€18,140 | +58.2% |
| Amounts receivable within one year | 40/41 | €3,178 | - | -€3,178 | |
| Other amounts receivable | 41 | €3,178 | - | -€3,178 | |
| Cash at bank and in hand | 54/58 | €27,247 | €48,541 | +€21,293 | +78.1% |
| Deferred charges and accrued income | 490/1 | €755 | €779 | +€24 | +3.2% |
| Total equity and liabilities | 10/49 | €45,261 | €55,918 | +€10,657 | +23.5% |
| Equity | 10/15 | €25,301 | €41,560 | +€16,259 | +64.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €19,101 | €35,360 | +€16,259 | +85.1% |
| Distributable reserves | 133 | €19,101 | €35,360 | +€16,259 | +85.1% |
| Amounts payable | 17/49 | €19,960 | €14,358 | -€5,603 | -28.1% |
| Amounts payable after more than one year | 17 | €5,170 | €1,016 | -€4,154 | -80.3% |
| Financial debts | 170/4 | €5,170 | €1,016 | -€4,154 | -80.3% |
| Amounts payable within one year | 42/48 | €14,790 | €13,342 | -€1,449 | -9.8% |
| Current portion of amounts payable after more than one year | 42 | €6,220 | €4,154 | -€2,066 | -33.2% |
| Trade debts | 44 | €1,263 | €221 | -€1,042 | -82.5% |
| Suppliers | 440/4 | €1,263 | €221 | -€1,042 | -82.5% |
| Taxes, remuneration and social security | 45 | - | €2,783 | +€2,783 | |
| Taxes | 450/3 | - | €2,783 | +€2,783 | |
| Other amounts payable | 47/48 | €7,307 | €6,184 | -€1,123 | -15.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,151 | €7,483 | -€668 | -8.2% |
| Other operating charges | 640/8 | €843 | €856 | +€13 | +1.6% |
| Gross operating margin | 9900 | €14,745 | €32,766 | +€18,021 | +122.2% |
| Operating profit (loss) | 9901 | €5,751 | €24,427 | +€18,676 | +324.7% |
| Financial charges | 65/66B | €500 | €384 | -€116 | -23.1% |
| Recurring financial charges | 65 | €500 | €384 | -€116 | -23.1% |
| Profit (loss) for the period before taxes | 9903 | €5,251 | €24,042 | +€18,791 | +357.9% |
| Income taxes | 67/77 | €2,822 | €7,783 | +€4,960 | +175.8% |
| Profit (loss) for the period | 9904 | €2,429 | €16,259 | +€13,831 | +569.5% |
| Profit (loss) for the period to be appropriated | 9905 | €2,429 | €16,259 | +€13,831 | +569.5% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.