KYNASI: what changed
Two fiscal 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.
KYNASI
Largest movements
- Tangible fixed assets +€38,446
new in 2025: €38,446
- Cash -€34,632
down €34,632 (-67.3%), from €51,424 to €16,792
mainly Investment in fixed assets (net) (-€43,912) and Net result for the year (-€11,283)
- Receivables within one year -€15,909
down €15,909 (-47.9%), from €33,242 to €17,334
of which Other amounts receivable: -€17,722
- Profit (loss) carried forward -€11,283
down €11,283 (-23.3%), from €48,411 to €37,128
- Gross operating margin +€8,232
up €8,232 (+80.8%), from -€10,189 to -€1,958
- Other operating charges -€5,721
down €5,721 (-71.8%), from €7,971 to €2,251
- Depreciation +€5,467
new in 2025: €5,467
- Staff costs +€1,651
new in 2025: €1,651
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 | €84,666 | €72,572 | -€12,094 | -14.3% |
| Fixed assets | 21/28 | - | €38,446 | +€38,446 | |
| Tangible fixed assets | 22/27 | - | €38,446 | +€38,446 | |
| Furniture and vehicles | 24 | - | €38,446 | +€38,446 | |
| Current assets | 29/58 | €84,666 | €34,126 | -€50,540 | -59.7% |
| Amounts receivable within one year | 40/41 | €33,242 | €17,334 | -€15,909 | -47.9% |
| Trade receivables | 40 | €781 | €2,594 | +€1,813 | +232.2% |
| Other amounts receivable | 41 | €32,461 | €14,739 | -€17,722 | -54.6% |
| Cash at bank and in hand | 54/58 | €51,424 | €16,792 | -€34,632 | -67.3% |
| Total equity and liabilities | 10/49 | €84,666 | €72,572 | -€12,094 | -14.3% |
| Equity | 10/15 | €83,259 | €71,976 | -€11,283 | -13.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €22,448 | €22,448 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,255 | €2,255 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,255 | €2,255 | = | 0.0% |
| Distributable reserves | 133 | €20,193 | €20,193 | = | 0.0% |
| Profit (loss) carried forward | 14 | €48,411 | €37,128 | -€11,283 | -23.3% |
| Amounts payable | 17/49 | €1,407 | €596 | -€811 | -57.7% |
| Amounts payable within one year | 42/48 | €1,407 | €596 | -€811 | -57.7% |
| Trade debts | 44 | €1,407 | €596 | -€811 | -57.7% |
| Suppliers | 440/4 | €1,407 | €596 | -€811 | -57.7% |
| Remuneration, social security and pensions | 62 | - | €1,651 | +€1,651 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €5,467 | +€5,467 | |
| Other operating charges | 640/8 | €7,971 | €2,251 | -€5,721 | -71.8% |
| Gross operating margin | 9900 | -€10,189 | -€1,958 | +€8,232 | +80.8% |
| Operating profit (loss) | 9901 | -€18,161 | -€11,326 | +€6,835 | +37.6% |
| Financial income | 75/76B | €85 | - | -€85 | |
| Recurring financial income | 75 | €85 | - | -€85 | |
| Financial charges | 65/66B | €24 | -€43 | -€67 | |
| Recurring financial charges | 65 | €24 | -€43 | -€67 | |
| Profit (loss) for the period before taxes | 9903 | -€18,100 | -€11,283 | +€6,817 | +37.7% |
| Profit (loss) for the period | 9904 | -€18,100 | -€11,283 | +€6,817 | +37.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,100 | -€11,283 | +€6,817 | +37.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.