KINEZIA: 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.
KINEZIA
Largest movements
- Cash +€2,561
up €2,561 (+5.3%), from €48,473 to €51,033
mainly Net result for the year (+€3,883) and Advances received (+€2,448)
- Deferred charges and accrued income +€2,489
up €2,489 (+491.7%), from €506 to €2,995
- Tangible fixed assets +€1,192
up €1,192 (+61.2%), from €1,949 to €3,141
- Reserves +€3,883
up €3,883 (+24.5%), from €15,818 to €19,701
- Advances received +€2,448
new in 2025: €2,448
- Gross operating margin -€5,356
down €5,356 (-41.2%), from €13,014 to €7,658
- Taxes +€455
up €455 (+46.4%), from €981 to €1,436
- Depreciation +€168
up €168 (+31.7%), from €530 to €698
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 | €50,944 | €57,169 | +€6,226 | +12.2% |
| Fixed assets | 21/28 | €1,949 | €3,141 | +€1,192 | +61.2% |
| Tangible fixed assets | 22/27 | €1,949 | €3,141 | +€1,192 | +61.2% |
| Plant, machinery and equipment | 23 | €1,949 | €3,141 | +€1,192 | +61.2% |
| Current assets | 29/58 | €48,995 | €54,028 | +€5,033 | +10.3% |
| Amounts receivable within one year | 40/41 | €16 | - | -€16 | |
| Other amounts receivable | 41 | €16 | - | -€16 | |
| Cash at bank and in hand | 54/58 | €48,473 | €51,033 | +€2,561 | +5.3% |
| Deferred charges and accrued income | 490/1 | €506 | €2,995 | +€2,489 | +491.7% |
| Total equity and liabilities | 10/49 | €50,944 | €57,169 | +€6,226 | +12.2% |
| Equity | 10/15 | €34,418 | €38,301 | +€3,883 | +11.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €15,818 | €19,701 | +€3,883 | +24.5% |
| Distributable reserves | 133 | €15,818 | €19,701 | +€3,883 | +24.5% |
| Amounts payable | 17/49 | €16,526 | €18,868 | +€2,343 | +14.2% |
| Amounts payable within one year | 42/48 | €16,526 | €18,868 | +€2,343 | +14.2% |
| Trade debts | 44 | €1,995 | €1,514 | -€481 | -24.1% |
| Suppliers | 440/4 | €1,995 | €1,514 | -€481 | -24.1% |
| Advances received on contracts in progress | 46 | - | €2,448 | +€2,448 | |
| Taxes, remuneration and social security | 45 | €3,081 | €3,536 | +€455 | +14.8% |
| Taxes | 450/3 | €1,881 | €2,336 | +€455 | +24.2% |
| Remuneration and social security | 454/9 | €1,200 | €1,200 | = | 0.0% |
| Other amounts payable | 47/48 | €11,450 | €11,371 | -€79 | -0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €530 | €698 | +€168 | +31.7% |
| Other operating charges | 640/8 | €1,801 | €1,766 | -€36 | -2.0% |
| Gross operating margin | 9900 | €13,014 | €7,658 | -€5,356 | -41.2% |
| Operating profit (loss) | 9901 | €10,683 | €5,194 | -€5,489 | -51.4% |
| Financial income | 75/76B | €305 | €327 | +€22 | +7.2% |
| Recurring financial income | 75 | €305 | €327 | +€22 | +7.2% |
| Financial charges | 65/66B | €196 | €203 | +€7 | +3.4% |
| Recurring financial charges | 65 | €196 | €203 | +€7 | +3.4% |
| Profit (loss) for the period before taxes | 9903 | €10,792 | €5,319 | -€5,473 | -50.7% |
| Income taxes | 67/77 | €981 | €1,436 | +€455 | +46.4% |
| Profit (loss) for the period | 9904 | €9,811 | €3,883 | -€5,928 | -60.4% |
| Profit (loss) for the period to be appropriated | 9905 | €9,811 | €3,883 | -€5,928 | -60.4% |
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 9 October 2026 via checked.be.