KineXpert: 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.
KineXpert
Largest movements
- Receivables within one year -€15,622
down €15,622 (-73.9%), from €21,134 to €5,512
- Tangible fixed assets +€5,996
up €5,996 (+307.6%), from €1,949 to €7,946
of which Other tangible fixed assets: +€6,441
- Deferred charges and accrued income +€1,564
up €1,564 (+20370.6%), from €8 to €1,572
- Cash +€1,392
up €1,392 (+19.1%), from €7,298 to €8,691
mainly Receivables within one year (+€15,622) and Tax, wage and social debts (+€1,895)
- Other debts -€3,864
down €3,864 (-59.3%), from €6,512 to €2,648
- Trade debts -€2,772
down €2,772 (-15.9%), from €17,413 to €14,641
- Current portion of long-term debt -€2,500
no longer reported in 2025 (was €2,500)
- Tax, wage and social debts +€1,895
up €1,895 (+42.2%), from €4,492 to €6,386
of which Taxes: +€2,695
- Profit (loss) carried forward +€572
up €572 (+2.7%), from -€20,890 to -€20,318
- Gross operating margin +€13,370
up €13,370, from -€6,404 to €6,966
- Financial income -€1,077
down €1,077 (-82.1%), from €1,312 to €235
- Financial charges -€419
down €419 (-12.8%), from €3,264 to €2,845
- Depreciation -€388
down €388 (-20.5%), from €1,891 to €1,504
- Other operating charges +€139
up €139 (+6.5%), from €2,141 to €2,280
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 | €40,702 | €34,032 | -€6,670 | -16.4% |
| Fixed assets | 21/28 | €12,262 | €18,258 | +€5,996 | +48.9% |
| Tangible fixed assets | 22/27 | €1,949 | €7,946 | +€5,996 | +307.6% |
| Plant, machinery and equipment | 23 | €308 | €23 | -€284 | -92.5% |
| Furniture and vehicles | 24 | €160 | - | -€160 | |
| Other tangible fixed assets | 26 | €1,481 | €7,923 | +€6,441 | +434.8% |
| Financial fixed assets | 28 | €10,313 | €10,313 | = | 0.0% |
| Current assets | 29/58 | €28,440 | €15,774 | -€12,666 | -44.5% |
| Amounts receivable within one year | 40/41 | €21,134 | €5,512 | -€15,622 | -73.9% |
| Other amounts receivable | 41 | €21,134 | €5,512 | -€15,622 | -73.9% |
| Cash at bank and in hand | 54/58 | €7,298 | €8,691 | +€1,392 | +19.1% |
| Deferred charges and accrued income | 490/1 | €8 | €1,572 | +€1,564 | +20370.6% |
| Total equity and liabilities | 10/49 | €40,702 | €34,032 | -€6,670 | -16.4% |
| Equity | 10/15 | €9,785 | €10,357 | +€572 | +5.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €12,075 | €12,075 | = | 0.0% |
| Distributable reserves | 133 | €12,075 | €12,075 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€20,890 | -€20,318 | +€572 | +2.7% |
| Amounts payable | 17/49 | €30,917 | €23,676 | -€7,241 | -23.4% |
| Amounts payable within one year | 42/48 | €30,917 | €23,676 | -€7,241 | -23.4% |
| Current portion of amounts payable after more than one year | 42 | €2,500 | - | -€2,500 | |
| Trade debts | 44 | €17,413 | €14,641 | -€2,772 | -15.9% |
| Suppliers | 440/4 | €17,413 | €14,641 | -€2,772 | -15.9% |
| Taxes, remuneration and social security | 45 | €4,492 | €6,386 | +€1,895 | +42.2% |
| Taxes | 450/3 | €2,792 | €5,486 | +€2,695 | +96.5% |
| Remuneration and social security | 454/9 | €1,700 | €900 | -€800 | -47.1% |
| Other amounts payable | 47/48 | €6,512 | €2,648 | -€3,864 | -59.3% |
| Remuneration, social security and pensions | 62 | €125 | - | -€125 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,891 | €1,504 | -€388 | -20.5% |
| Other operating charges | 640/8 | €2,141 | €2,280 | +€139 | +6.5% |
| Gross operating margin | 9900 | -€6,404 | €6,966 | +€13,370 | |
| Operating profit (loss) | 9901 | -€10,561 | €3,182 | +€13,743 | |
| Financial income | 75/76B | €1,312 | €235 | -€1,077 | -82.1% |
| Recurring financial income | 75 | €1,312 | €235 | -€1,077 | -82.1% |
| Financial charges | 65/66B | €3,264 | €2,845 | -€419 | -12.8% |
| Recurring financial charges | 65 | €3,264 | €2,845 | -€419 | -12.8% |
| Profit (loss) for the period before taxes | 9903 | -€12,513 | €572 | +€13,085 | |
| Income taxes | 67/77 | €5 | - | -€5 | |
| Profit (loss) for the period | 9904 | -€12,518 | €572 | +€13,090 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,518 | €572 | +€13,090 |
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 11 October 2026 via checked.be.