KINIT: 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.
KINIT
Largest movements
- Cash +€63,623
up €63,623 (+1,581%), from €4,025 to €67,648
mainly Net result for the year (+€47,252) and Trade debts (+€10,542)
- Profit (loss) carried forward +€47,252
up €47,252 (+51.7%), from €91,433 to €138,685
- Trade debts +€10,542
up €10,542 (+35,653%), from €30 to €10,572
- Tax, wage and social debts +€9,008
up €9,008 (+251%), from €3,589 to €12,596
of which Taxes: +€7,602
- Other debts -€3,000
down €3,000 (-50.9%), from €5,893 to €2,893
- Gross operating margin +€40,018
up €40,018 (+134%), from €29,835 to €69,854
- Taxes +€21,305
up €21,305 (+8,678%), from €245 to €21,550
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.
Derived cash bridge
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 | €109,005 | €172,806 | +€63,802 | +58.5% |
| Fixed assets | 21/28 | €750 | €750 | = | 0.0% |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Financial fixed assets | 28 | €750 | €750 | = | 0.0% |
| Current assets | 29/58 | €108,255 | €172,056 | +€63,802 | +58.9% |
| Amounts receivable after more than one year | 29 | €68,243 | €68,243 | = | 0.0% |
| Other amounts receivable | 291 | €68,243 | €68,243 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €35,628 | €35,835 | +€207 | +0.6% |
| Trade receivables | 40 | €20,691 | €26,681 | +€5,990 | +28.9% |
| Other amounts receivable | 41 | €14,937 | €9,155 | -€5,782 | -38.7% |
| Cash at bank and in hand | 54/58 | €4,025 | €67,648 | +€63,623 | +1,581% |
| Deferred charges and accrued income | 490/1 | €359 | €331 | -€28 | -7.9% |
| Total equity and liabilities | 10/49 | €109,005 | €172,806 | +€63,802 | +58.5% |
| Equity | 10/15 | €99,493 | €146,745 | +€47,252 | +47.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €91,433 | €138,685 | +€47,252 | +51.7% |
| Amounts payable | 17/49 | €9,511 | €26,061 | +€16,550 | +174% |
| Amounts payable within one year | 42/48 | €9,511 | €26,061 | +€16,550 | +174% |
| Trade debts | 44 | €30 | €10,572 | +€10,542 | +35,653% |
| Suppliers | 440/4 | €30 | €10,572 | +€10,542 | +35,653% |
| Taxes, remuneration and social security | 45 | €3,589 | €12,596 | +€9,008 | +251% |
| Taxes | 450/3 | €2,589 | €10,190 | +€7,602 | +294% |
| Remuneration and social security | 454/9 | €1,000 | €2,406 | +€1,406 | +141% |
| Other amounts payable | 47/48 | €5,893 | €2,893 | -€3,000 | -50.9% |
| Remuneration, social security and pensions | 62 | - | €177 | +€177 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €110 | €0 | -€110 | -100% |
| Other operating charges | 640/8 | €485 | €701 | +€216 | +44.5% |
| Gross operating margin | 9900 | €29,835 | €69,854 | +€40,018 | +134% |
| Operating profit (loss) | 9901 | €29,240 | €68,976 | +€39,735 | +136% |
| Financial charges | 65/66B | €153 | €174 | +€21 | +13.4% |
| Recurring financial charges | 65 | €153 | €174 | +€21 | +13.4% |
| Profit (loss) for the period before taxes | 9903 | €29,087 | €68,802 | +€39,715 | +137% |
| Income taxes | 67/77 | €245 | €21,550 | +€21,305 | +8,678% |
| Profit (loss) for the period | 9904 | €28,841 | €47,252 | +€18,410 | +63.8% |
| Profit (loss) for the period to be appropriated | 9905 | €28,841 | €47,252 | +€18,410 | +63.8% |
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 23 October 2026 via checked.be.