kynex.io: 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.
kynex.io
Largest movements
- Cash -€14,453
down €14,453 (-40.3%), from €35,888 to €21,436
mainly Net result for the year (-€18,700) and Tax, wage and social debts (-€5,688)
- Receivables within one year -€8,000
down €8,000 (-100%), from €8,000 to €0
- Tangible fixed assets -€2,711
down €2,711 (-35.6%), from €7,622 to €4,911
of which Plant, machinery and equipment: -€1,901
- Deferred charges and accrued income +€1,726
up €1,726 (+101%), from €1,708 to €3,434
- Profit (loss) carried forward -€18,700
down €18,700 (-66.8%), from €28,013 to €9,313
- Tax, wage and social debts -€5,688
down €5,688 (-56.8%), from €10,017 to €4,329
- Trade debts +€1,074
up €1,074 (+87.6%), from €1,226 to €2,300
- Gross operating margin -€40,407
down €40,407, from €26,600 to -€13,807
- Taxes -€4,803
down €4,803 (-96.1%), from €4,996 to €194
- Financial charges +€690
up €690 (+66.2%), from €1,042 to €1,732
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 | €53,218 | €29,780 | -€23,437 | -44.0% |
| Fixed assets | 21/28 | €7,622 | €4,911 | -€2,711 | -35.6% |
| Tangible fixed assets | 22/27 | €7,622 | €4,911 | -€2,711 | -35.6% |
| Plant, machinery and equipment | 23 | €4,549 | €2,648 | -€1,901 | -41.8% |
| Furniture and vehicles | 24 | €3,072 | €2,263 | -€810 | -26.4% |
| Current assets | 29/58 | €45,596 | €24,869 | -€20,727 | -45.5% |
| Amounts receivable within one year | 40/41 | €8,000 | €0 | -€8,000 | -100% |
| Trade receivables | 40 | €8,000 | €0 | -€8,000 | -100% |
| Cash at bank and in hand | 54/58 | €35,888 | €21,436 | -€14,453 | -40.3% |
| Deferred charges and accrued income | 490/1 | €1,708 | €3,434 | +€1,726 | +101% |
| Total equity and liabilities | 10/49 | €53,218 | €29,780 | -€23,437 | -44.0% |
| Equity | 10/15 | €31,013 | €12,313 | -€18,700 | -60.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €28,013 | €9,313 | -€18,700 | -66.8% |
| Amounts payable | 17/49 | €22,204 | €17,467 | -€4,737 | -21.3% |
| Amounts payable within one year | 42/48 | €22,204 | €17,467 | -€4,737 | -21.3% |
| Trade debts | 44 | €1,226 | €2,300 | +€1,074 | +87.6% |
| Suppliers | 440/4 | €1,226 | €2,300 | +€1,074 | +87.6% |
| Taxes, remuneration and social security | 45 | €10,017 | €4,329 | -€5,688 | -56.8% |
| Taxes | 450/3 | €10,017 | €4,329 | -€5,688 | -56.8% |
| Other amounts payable | 47/48 | €10,961 | €10,838 | -€123 | -1.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,463 | €2,711 | +€247 | +10.0% |
| Other operating charges | 640/8 | €306 | €256 | -€50 | -16.3% |
| Gross operating margin | 9900 | €26,600 | -€13,807 | -€40,407 | |
| Operating profit (loss) | 9901 | €23,831 | -€16,774 | -€40,605 | |
| Financial income | 75/76B | €1 | €0 | -€1 | -100% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -100% |
| Financial charges | 65/66B | €1,042 | €1,732 | +€690 | +66.2% |
| Recurring financial charges | 65 | €1,042 | €1,732 | +€690 | +66.2% |
| Profit (loss) for the period before taxes | 9903 | €22,790 | -€18,506 | -€41,296 | |
| Income taxes | 67/77 | €4,996 | €194 | -€4,803 | -96.1% |
| Profit (loss) for the period | 9904 | €17,794 | -€18,700 | -€36,493 | |
| Profit (loss) for the period to be appropriated | 9905 | €17,794 | -€18,700 | -€36,493 |
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 20 October 2026 via checked.be.