KINTEKS: 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.
KINTEKS
Largest movements
- Receivables within one year +€13,901
up €13,901 (+25.3%), from €54,841 to €68,742
of which Other amounts receivable: +€12,966
- Cash -€6,686
down €6,686 (-94.9%), from €7,047 to €361
mainly Receivables within one year (-€13,901) and Net result for the year (-€10,286)
- Trade debts +€16,686
up €16,686 (+417.2%), from €4,000 to €20,686
- Profit (loss) carried forward -€10,286
down €10,286 (-28.0%), from €36,701 to €26,415
- Tax, wage and social debts +€716
up €716 (+50.2%), from €1,426 to €2,142
- Gross operating margin +€13,899
up €13,899 (+58.9%), from -€23,585 to -€9,686
- Depreciation -€2,237
no longer reported in 2025 (was €2,237)
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 | €62,587 | €69,703 | +€7,116 | +11.4% |
| Fixed assets | 21/28 | €600 | €600 | = | 0.0% |
| Financial fixed assets | 28 | €600 | €600 | = | 0.0% |
| Current assets | 29/58 | €61,987 | €69,103 | +€7,116 | +11.5% |
| Amounts receivable within one year | 40/41 | €54,841 | €68,742 | +€13,901 | +25.3% |
| Trade receivables | 40 | €1,158 | €2,093 | +€935 | +80.7% |
| Other amounts receivable | 41 | €53,683 | €66,650 | +€12,966 | +24.2% |
| Cash at bank and in hand | 54/58 | €7,047 | €361 | -€6,686 | -94.9% |
| Deferred charges and accrued income | 490/1 | €99 | - | -€99 | |
| Total equity and liabilities | 10/49 | €62,587 | €69,703 | +€7,116 | +11.4% |
| Equity | 10/15 | €57,161 | €46,875 | -€10,286 | -18.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 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 | €36,701 | €26,415 | -€10,286 | -28.0% |
| Amounts payable | 17/49 | €5,426 | €22,828 | +€17,402 | +320.7% |
| Amounts payable within one year | 42/48 | €5,426 | €22,828 | +€17,402 | +320.7% |
| Trade debts | 44 | €4,000 | €20,686 | +€16,686 | +417.2% |
| Suppliers | 440/4 | €4,000 | €20,686 | +€16,686 | +417.2% |
| Taxes, remuneration and social security | 45 | €1,426 | €2,142 | +€716 | +50.2% |
| Taxes | 450/3 | €1,426 | €2,142 | +€716 | +50.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,237 | - | -€2,237 | |
| Other operating charges | 640/8 | €177 | €296 | +€119 | +67.6% |
| Gross operating margin | 9900 | -€23,585 | -€9,686 | +€13,899 | +58.9% |
| Operating profit (loss) | 9901 | -€25,999 | -€9,982 | +€16,017 | +61.6% |
| Financial charges | 65/66B | €114 | €154 | +€40 | +35.2% |
| Recurring financial charges | 65 | €114 | €154 | +€40 | +35.2% |
| Profit (loss) for the period before taxes | 9903 | -€26,113 | -€10,136 | +€15,977 | +61.2% |
| Income taxes | 67/77 | €244 | €150 | -€94 | -38.5% |
| Profit (loss) for the period | 9904 | -€26,357 | -€10,286 | +€16,071 | +61.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€26,357 | -€10,286 | +€16,071 | +61.0% |
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.