KINJEMA: 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.
KINJEMA
Largest movements
- Financial fixed assets +€182,323
up €182,323 (+7.4%), from €2.5m to €2.6m
- Receivables after one year +€170,000
up €170,000 (+68.5%), from €248,300 to €418,300
- Deferred charges and accrued income +€38,609
new in 2025: €38,609
- Debts after one year +€314,426
up €314,426 (+381%), from €82,533 to €396,958
- Current portion of long-term debt +€63,426
new in 2025: €63,426
- Financial income -€5,785
down €5,785 (-13.0%), from €44,394 to €38,609
- Taxes -€1,602
down €1,602 (-13.7%), from €11,684 to €10,082
- Other operating charges -€1,328
down €1,328 (-90.2%), from €1,472 to €144
- Financial charges +€557
up €557 (+1,279%), from €44 to €600
- Gross operating margin -€88
new in 2025: -€88
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 | €2,724,367 | €3,139,996 | +€415,629 | +15.3% |
| Fixed assets | 21/28 | €2,461,477 | €2,643,800 | +€182,323 | +7.4% |
| Financial fixed assets | 28 | €2,461,477 | €2,643,800 | +€182,323 | +7.4% |
| Current assets | 29/58 | €262,891 | €496,197 | +€233,306 | +88.7% |
| Amounts receivable after more than one year | 29 | €248,300 | €418,300 | +€170,000 | +68.5% |
| Other amounts receivable | 291 | €248,300 | €418,300 | +€170,000 | +68.5% |
| Amounts receivable within one year | 40/41 | €4,488 | €0 | -€4,488 | -100% |
| Other amounts receivable | 41 | €4,488 | €0 | -€4,488 | -100% |
| Cash at bank and in hand | 54/58 | €10,102 | €39,288 | +€29,185 | +289% |
| Deferred charges and accrued income | 490/1 | - | €38,609 | +€38,609 | |
| Total equity and liabilities | 10/49 | €2,724,367 | €3,139,996 | +€415,629 | +15.3% |
| Equity | 10/15 | €2,631,153 | €2,658,848 | +€27,695 | +1.1% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €20,439 | €20,439 | = | 0.0% |
| Non-distributable reserves | 130/1 | €20,439 | €20,439 | = | 0.0% |
| Legal reserve | 130 | €20,439 | €20,439 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,549,214 | €2,576,909 | +€27,695 | +1.1% |
| Amounts payable | 17/49 | €93,215 | €481,148 | +€387,934 | +416% |
| Amounts payable after more than one year | 17 | €82,533 | €396,958 | +€314,426 | +381% |
| Financial debts | 170/4 | €82,533 | €396,958 | +€314,426 | +381% |
| Amounts payable within one year | 42/48 | €10,682 | €84,190 | +€73,508 | +688% |
| Current portion of amounts payable after more than one year | 42 | - | €63,426 | +€63,426 | |
| Taxes, remuneration and social security | 45 | €10,682 | €20,764 | +€10,082 | +94.4% |
| Taxes | 450/3 | €10,682 | €20,764 | +€10,082 | +94.4% |
| Other operating charges | 640/8 | €1,472 | €144 | -€1,328 | -90.2% |
| Gross operating margin | 9900 | - | -€88 | -€88 | |
| Operating profit (loss) | 9901 | -€1,472 | -€232 | +€1,240 | +84.3% |
| Financial income | 75/76B | €44,394 | €38,609 | -€5,785 | -13.0% |
| Recurring financial income | 75 | €44,394 | €38,609 | -€5,785 | -13.0% |
| Financial charges | 65/66B | €44 | €600 | +€557 | +1,279% |
| Recurring financial charges | 65 | €44 | €600 | +€557 | +1,279% |
| Profit (loss) for the period before taxes | 9903 | €42,878 | €37,777 | -€5,101 | -11.9% |
| Income taxes | 67/77 | €11,684 | €10,082 | -€1,602 | -13.7% |
| Profit (loss) for the period | 9904 | €31,194 | €27,695 | -€3,498 | -11.2% |
| Profit (loss) for the period to be appropriated | 9905 | €31,194 | €27,695 | -€3,498 | -11.2% |
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 14 October 2026 via checked.be.