KYNERGY: 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.
KYNERGY
Largest movements
- Cash +€30,446
up €30,446 (+21.8%), from €139,597 to €170,042
mainly Net result for the year (+€48,278) and Tax, wage and social debts (+€8,156)
- Receivables within one year +€8,527
up €8,527 (+69.6%), from €12,250 to €20,777
of which Trade receivables: +€8,797
- Reserves +€23,278
up €23,278 (+19.8%), from €117,704 to €140,982
- Tax, wage and social debts +€8,156
up €8,156 (+67.8%), from €12,030 to €20,186
of which Taxes: +€5,456
- Other debts +€5,871
up €5,871 (+33.0%), from €17,815 to €23,686
- Gross operating margin +€18,857
up €18,857 (+37.5%), from €50,328 to €69,185
- Taxes +€6,182
up €6,182 (+49.2%), from €12,561 to €18,743
- Depreciation -€3,006
down €3,006 (-66.9%), from €4,493 to €1,487
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 | €154,984 | €192,470 | +€37,486 | +24.2% |
| Fixed assets | 21/28 | €3,137 | €1,651 | -€1,487 | -47.4% |
| Tangible fixed assets | 22/27 | €3,137 | €1,651 | -€1,487 | -47.4% |
| Furniture and vehicles | 24 | €3,137 | €1,651 | -€1,487 | -47.4% |
| Current assets | 29/58 | €151,847 | €190,819 | +€38,972 | +25.7% |
| Amounts receivable within one year | 40/41 | €12,250 | €20,777 | +€8,527 | +69.6% |
| Trade receivables | 40 | €11,379 | €20,177 | +€8,797 | +77.3% |
| Other amounts receivable | 41 | €871 | €600 | -€271 | -31.1% |
| Cash at bank and in hand | 54/58 | €139,597 | €170,042 | +€30,446 | +21.8% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €154,984 | €192,470 | +€37,486 | +24.2% |
| Equity | 10/15 | €124,104 | €147,382 | +€23,278 | +18.8% |
| Contributions | 10/11 | €6,400 | €6,400 | = | 0.0% |
| Reserves | 13 | €117,704 | €140,982 | +€23,278 | +19.8% |
| Distributable reserves | 133 | €117,704 | €140,982 | +€23,278 | +19.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €30,880 | €45,088 | +€14,208 | +46.0% |
| Amounts payable within one year | 42/48 | €29,880 | €44,088 | +€14,208 | +47.6% |
| Trade debts | 44 | €35 | €216 | +€181 | +519% |
| Suppliers | 440/4 | €35 | €216 | +€181 | +519% |
| Taxes, remuneration and social security | 45 | €12,030 | €20,186 | +€8,156 | +67.8% |
| Taxes | 450/3 | €12,030 | €17,486 | +€5,456 | +45.4% |
| Remuneration and social security | 454/9 | - | €2,700 | +€2,700 | |
| Other amounts payable | 47/48 | €17,815 | €23,686 | +€5,871 | +33.0% |
| Accrued charges and deferred income | 492/3 | €1,000 | €1,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,493 | €1,487 | -€3,006 | -66.9% |
| Other operating charges | 640/8 | €777 | €800 | +€23 | +3.0% |
| Gross operating margin | 9900 | €50,328 | €69,185 | +€18,857 | +37.5% |
| Operating profit (loss) | 9901 | €45,058 | €66,899 | +€21,840 | +48.5% |
| Financial income | 75/76B | - | €234 | +€234 | |
| Recurring financial income | 75 | - | €234 | +€234 | |
| Financial charges | 65/66B | €108 | €111 | +€3 | +2.7% |
| Recurring financial charges | 65 | €108 | €111 | +€3 | +2.7% |
| Profit (loss) for the period before taxes | 9903 | €44,950 | €67,021 | +€22,071 | +49.1% |
| Income taxes | 67/77 | €12,561 | €18,743 | +€6,182 | +49.2% |
| Profit (loss) for the period | 9904 | €32,389 | €48,278 | +€15,888 | +49.1% |
| Profit (loss) for the period to be appropriated | 9905 | €32,389 | €48,278 | +€15,888 | +49.1% |
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 26 October 2026 via checked.be.