Kinos-Westerlo: 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.
Kinos-Westerlo
Largest movements
- Cash +€33,180
up €33,180 (+57.0%), from €58,159 to €91,339
mainly Net result for the year (+€33,260) and Depreciation (+€8,508)
- Intangible fixed assets -€3,000
down €3,000 (-33.4%), from €8,992 to €5,992
- Deferred charges and accrued income +€2,874
up €2,874 (+26.6%), from €10,804 to €13,678
- Current investments +€2,500
up €2,500 (+7.7%), from €32,270 to €34,770
- Reserves +€33,260
up €33,260 (+37.3%), from €89,155 to €122,415
- Tax, wage and social debts -€3,757
down €3,757 (-30.1%), from €12,463 to €8,706
of which Taxes: -€4,303
- Other debts +€2,707
up €2,707 (+18.3%), from €14,770 to €17,477
- Gross operating margin -€11,963
down €11,963 (-17.4%), from €68,853 to €56,891
- Depreciation -€3,392
down €3,392 (-28.5%), from €11,900 to €8,508
- Taxes -€1,589
down €1,589 (-10.6%), from €14,962 to €13,373
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 | €123,369 | €156,882 | +€33,513 | +27.2% |
| Fixed assets | 21/28 | €18,542 | €14,279 | -€4,263 | -23.0% |
| Intangible fixed assets | 21 | €8,992 | €5,992 | -€3,000 | -33.4% |
| Tangible fixed assets | 22/27 | €9,550 | €8,287 | -€1,263 | -13.2% |
| Plant, machinery and equipment | 23 | €1,162 | €0 | -€1,162 | -100% |
| Furniture and vehicles | 24 | €5,459 | €5,970 | +€512 | +9.4% |
| Other tangible fixed assets | 26 | €2,929 | €2,317 | -€612 | -20.9% |
| Current assets | 29/58 | €104,827 | €142,603 | +€37,776 | +36.0% |
| Amounts receivable within one year | 40/41 | €3,594 | €2,816 | -€778 | -21.6% |
| Trade receivables | 40 | €3,594 | €2,816 | -€778 | -21.6% |
| Current investments | 50/53 | €32,270 | €34,770 | +€2,500 | +7.7% |
| Cash at bank and in hand | 54/58 | €58,159 | €91,339 | +€33,180 | +57.0% |
| Deferred charges and accrued income | 490/1 | €10,804 | €13,678 | +€2,874 | +26.6% |
| Total equity and liabilities | 10/49 | €123,369 | €156,882 | +€33,513 | +27.2% |
| Equity | 10/15 | €95,355 | €128,615 | +€33,260 | +34.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €89,155 | €122,415 | +€33,260 | +37.3% |
| Distributable reserves | 133 | €89,155 | €122,415 | +€33,260 | +37.3% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €28,014 | €28,268 | +€253 | +0.9% |
| Amounts payable within one year | 42/48 | €28,014 | €28,268 | +€253 | +0.9% |
| Trade debts | 44 | €782 | €2,085 | +€1,303 | +167% |
| Suppliers | 440/4 | €782 | €2,085 | +€1,303 | +167% |
| Taxes, remuneration and social security | 45 | €12,463 | €8,706 | -€3,757 | -30.1% |
| Taxes | 450/3 | €10,189 | €5,887 | -€4,303 | -42.2% |
| Remuneration and social security | 454/9 | €2,273 | €2,819 | +€546 | +24.0% |
| Other amounts payable | 47/48 | €14,770 | €17,477 | +€2,707 | +18.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,900 | €8,508 | -€3,392 | -28.5% |
| Other operating charges | 640/8 | €649 | €749 | +€100 | +15.4% |
| Non-recurring operating charges | 66A | €356 | €0 | -€356 | -100% |
| Gross operating margin | 9900 | €68,853 | €56,891 | -€11,963 | -17.4% |
| Operating profit (loss) | 9901 | €55,949 | €47,634 | -€8,315 | -14.9% |
| Financial income | 75/76B | €108 | €486 | +€378 | +349% |
| Recurring financial income | 75 | €108 | €486 | +€378 | +349% |
| Financial charges | 65/66B | €1,868 | €1,487 | -€381 | -20.4% |
| Recurring financial charges | 65 | €1,868 | €1,487 | -€381 | -20.4% |
| Profit (loss) for the period before taxes | 9903 | €54,189 | €46,633 | -€7,556 | -13.9% |
| Income taxes | 67/77 | €14,962 | €13,373 | -€1,589 | -10.6% |
| Profit (loss) for the period | 9904 | €39,226 | €33,260 | -€5,966 | -15.2% |
| Profit (loss) for the period to be appropriated | 9905 | €39,226 | €33,260 | -€5,966 | -15.2% |
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 27 October 2026 via checked.be.