KINEvolution: 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.
KINEvolution
Largest movements
- Cash +€7,609
up €7,609 (+7.5%), from €101,580 to €109,189
mainly Net result for the year (+€10,081) and Other debts (+€7,739)
- Receivables within one year +€2,026
up €2,026 (+67.6%), from €2,999 to €5,026
of which Trade receivables: +€1,405
- Other debts +€7,739
up €7,739 (+10.0%), from €77,348 to €85,087
- Reserves +€1,934
up €1,934 (+8.9%), from €21,737 to €23,672
- Gross operating margin -€7,428
down €7,428 (-32.6%), from €22,814 to €15,386
- Taxes -€3,966
down €3,966 (-47.5%), from €8,346 to €4,380
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 | €105,583 | €115,643 | +€10,061 | +9.5% |
| Fixed assets | 21/28 | €895 | €533 | -€362 | -40.5% |
| Tangible fixed assets | 22/27 | €895 | €533 | -€362 | -40.5% |
| Plant, machinery and equipment | 23 | €895 | €533 | -€362 | -40.5% |
| Current assets | 29/58 | €104,688 | €115,110 | +€10,423 | +10.0% |
| Amounts receivable within one year | 40/41 | €2,999 | €5,026 | +€2,026 | +67.6% |
| Trade receivables | 40 | - | €1,405 | +€1,405 | |
| Other amounts receivable | 41 | €2,999 | €3,620 | +€621 | +20.7% |
| Cash at bank and in hand | 54/58 | €101,580 | €109,189 | +€7,609 | +7.5% |
| Deferred charges and accrued income | 490/1 | €108 | €896 | +€788 | +728.7% |
| Total equity and liabilities | 10/49 | €105,583 | €115,643 | +€10,061 | +9.5% |
| Equity | 10/15 | €26,742 | €28,676 | +€1,934 | +7.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €21,737 | €23,672 | +€1,934 | +8.9% |
| Distributable reserves | 133 | €21,737 | €23,672 | +€1,934 | +8.9% |
| Profit (loss) carried forward | 14 | €4 | €4 | = | 0.0% |
| Amounts payable | 17/49 | €78,841 | €86,967 | +€8,126 | +10.3% |
| Amounts payable within one year | 42/48 | €78,841 | €86,967 | +€8,126 | +10.3% |
| Trade debts | 44 | €1,493 | €1,880 | +€387 | +25.9% |
| Suppliers | 440/4 | €1,493 | €1,880 | +€387 | +25.9% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €77,348 | €85,087 | +€7,739 | +10.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €474 | €362 | -€111 | -23.5% |
| Other operating charges | 640/8 | €384 | €387 | +€3 | +0.8% |
| Gross operating margin | 9900 | €22,814 | €15,386 | -€7,428 | -32.6% |
| Operating profit (loss) | 9901 | €21,956 | €14,637 | -€7,319 | -33.3% |
| Financial income | 75/76B | €161 | €35 | -€126 | -78.5% |
| Recurring financial income | 75 | €161 | €35 | -€126 | -78.5% |
| Financial charges | 65/66B | €180 | €211 | +€30 | +16.9% |
| Recurring financial charges | 65 | €180 | €211 | +€30 | +16.9% |
| Profit (loss) for the period before taxes | 9903 | €21,937 | €14,461 | -€7,476 | -34.1% |
| Income taxes | 67/77 | €8,346 | €4,380 | -€3,966 | -47.5% |
| Profit (loss) for the period | 9904 | €13,591 | €10,081 | -€3,510 | -25.8% |
| Profit (loss) for the period to be appropriated | 9905 | €13,591 | €10,081 | -€3,510 | -25.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.