Kinévolution Waterloo: 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.
Kinévolution Waterloo
Largest movements
- Receivables after one year +€8,550
new in 2025: €8,550
- Tangible fixed assets -€3,140
down €3,140 (-11.6%), from €27,106 to €23,966
- Receivables within one year +€1,642
up €1,642 (+25.1%), from €6,541 to €8,183
of which Other amounts receivable: +€2,780
- Debts after one year +€57,274
new in 2025: €57,274
- Other debts -€55,185
no longer reported in 2025 (was €55,185)
- Tax, wage and social debts +€1,840
new in 2025: €1,840
- Trade debts +€1,743
new in 2025: €1,743
- Profit (loss) carried forward +€1,134
up €1,134 (+5.3%), from -€21,365 to -€20,231
- Turnover +€53,695
up €53,695 (+275.4%), from €19,499 to €73,194
- Purchases and services +€28,437
up €28,437 (+73.0%), from €38,945 to €67,382
- Gross operating margin +€25,256
up €25,256, from -€19,444 to €5,812
- Depreciation +€1,996
up €1,996 (+174.5%), from €1,144 to €3,140
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 | €37,820 | €44,626 | +€6,806 | +18.0% |
| Fixed assets | 21/28 | €27,106 | €23,966 | -€3,140 | -11.6% |
| Tangible fixed assets | 22/27 | €27,106 | €23,966 | -€3,140 | -11.6% |
| Furniture and vehicles | 24 | €27,106 | €23,966 | -€3,140 | -11.6% |
| Current assets | 29/58 | €10,714 | €20,660 | +€9,946 | +92.8% |
| Amounts receivable after more than one year | 29 | - | €8,550 | +€8,550 | |
| Trade receivables | 290 | - | €8,550 | +€8,550 | |
| Amounts receivable within one year | 40/41 | €6,541 | €8,183 | +€1,642 | +25.1% |
| Trade receivables | 40 | €4,888 | €3,750 | -€1,138 | -23.3% |
| Other amounts receivable | 41 | €1,653 | €4,433 | +€2,780 | +168.2% |
| Cash at bank and in hand | 54/58 | €4,173 | €3,927 | -€246 | -5.9% |
| Total equity and liabilities | 10/49 | €37,820 | €44,626 | +€6,806 | +18.0% |
| Equity | 10/15 | -€17,365 | -€16,231 | +€1,134 | +6.5% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€21,365 | -€20,231 | +€1,134 | +5.3% |
| Amounts payable | 17/49 | €55,185 | €60,857 | +€5,672 | +10.3% |
| Amounts payable after more than one year | 17 | - | €57,274 | +€57,274 | |
| Financial debts | 170/4 | - | €57,274 | +€57,274 | |
| Amounts payable within one year | 42/48 | €55,185 | €3,583 | -€51,602 | -93.5% |
| Trade debts | 44 | - | €1,743 | +€1,743 | |
| Suppliers | 440/4 | - | €1,743 | +€1,743 | |
| Taxes, remuneration and social security | 45 | - | €1,840 | +€1,840 | |
| Taxes | 450/3 | - | €1,840 | +€1,840 | |
| Other amounts payable | 47/48 | €55,185 | - | -€55,185 | |
| Turnover | 70 | €19,499 | €73,194 | +€53,695 | +275.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €38,945 | €67,382 | +€28,437 | +73.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,144 | €3,140 | +€1,996 | +174.5% |
| Other operating charges | 640/8 | - | €84 | +€84 | |
| Gross operating margin | 9900 | -€19,444 | €5,812 | +€25,256 | |
| Operating profit (loss) | 9901 | -€20,588 | €2,588 | +€23,176 | |
| Financial charges | 65/66B | €777 | €1,454 | +€677 | +87.1% |
| Recurring financial charges | 65 | €777 | €1,454 | +€677 | +87.1% |
| Profit (loss) for the period before taxes | 9903 | -€21,365 | €1,134 | +€22,499 | |
| Profit (loss) for the period | 9904 | -€21,365 | €1,134 | +€22,499 | |
| Profit (loss) for the period to be appropriated | 9905 | -€21,365 | €1,134 | +€22,499 |
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 12 October 2026 via checked.be.