LT KINETIC: 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.
LT KINETIC
Largest movements
- Cash +€75,187
up €75,187 (+147%), from €51,278 to €126,465
mainly Net result for the year (+€46,950) and Deferred charges and accrued income (+€27,164)
- Deferred charges and accrued income -€27,164
down €27,164 (-67.2%), from €40,438 to €13,274
- Receivables within one year +€14,071
up €14,071 (+23.2%), from €60,568 to €74,639
of which Trade receivables: +€7,458
- Tangible fixed assets -€13,497
down €13,497 (-31.3%), from €43,143 to €29,645
- Profit (loss) carried forward +€31,550
up €31,550 (+25.1%), from €125,648 to €157,197
- Other debts +€23,150
up €23,150 (+58.7%), from €39,452 to €62,602
- Debts after one year -€6,050
down €6,050 (-35.1%), from €17,223 to €11,173
- Taxes -€3,859
down €3,859 (-26.4%), from €14,640 to €10,781
- Other operating charges -€805
down €805 (-53.6%), from €1,502 to €697
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 | €195,426 | €244,023 | +€48,597 | +24.9% |
| Fixed assets | 21/28 | €43,143 | €29,645 | -€13,497 | -31.3% |
| Tangible fixed assets | 22/27 | €43,143 | €29,645 | -€13,497 | -31.3% |
| Furniture and vehicles | 24 | €43,143 | €29,645 | -€13,497 | -31.3% |
| Current assets | 29/58 | €152,284 | €214,378 | +€62,094 | +40.8% |
| Amounts receivable within one year | 40/41 | €60,568 | €74,639 | +€14,071 | +23.2% |
| Trade receivables | 40 | €32,602 | €40,060 | +€7,458 | +22.9% |
| Other amounts receivable | 41 | €27,966 | €34,579 | +€6,612 | +23.6% |
| Cash at bank and in hand | 54/58 | €51,278 | €126,465 | +€75,187 | +147% |
| Deferred charges and accrued income | 490/1 | €40,438 | €13,274 | -€27,164 | -67.2% |
| Total equity and liabilities | 10/49 | €195,426 | €244,023 | +€48,597 | +24.9% |
| Equity | 10/15 | €132,648 | €164,197 | +€31,550 | +23.8% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €125,648 | €157,197 | +€31,550 | +25.1% |
| Amounts payable | 17/49 | €62,779 | €79,826 | +€17,047 | +27.2% |
| Amounts payable after more than one year | 17 | €17,223 | €11,173 | -€6,050 | -35.1% |
| Financial debts | 170/4 | €17,223 | €11,173 | -€6,050 | -35.1% |
| Amounts payable within one year | 42/48 | €45,556 | €68,652 | +€23,097 | +50.7% |
| Current portion of amounts payable after more than one year | 42 | €5,818 | €6,050 | +€232 | +4.0% |
| Trade debts | 44 | €286 | - | -€286 | |
| Suppliers | 440/4 | €286 | - | -€286 | |
| Other amounts payable | 47/48 | €39,452 | €62,602 | +€23,150 | +58.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,524 | €13,497 | -€27 | -0.2% |
| Other operating charges | 640/8 | €1,502 | €697 | -€805 | -53.6% |
| Non-recurring operating charges | 66A | €68 | €1,968 | +€1,900 | +2,815% |
| Gross operating margin | 9900 | €74,030 | €74,681 | +€651 | +0.9% |
| Operating profit (loss) | 9901 | €58,936 | €58,519 | -€417 | -0.7% |
| Financial income | 75/76B | €0 | €486 | +€486 | +4,859,400% |
| Recurring financial income | 75 | €0 | €486 | +€486 | +4,859,400% |
| Financial charges | 65/66B | €1,222 | €1,274 | +€52 | +4.3% |
| Recurring financial charges | 65 | €1,222 | €1,274 | +€52 | +4.3% |
| Profit (loss) for the period before taxes | 9903 | €57,715 | €57,731 | +€16 | 0.0% |
| Income taxes | 67/77 | €14,640 | €10,781 | -€3,859 | -26.4% |
| Profit (loss) for the period | 9904 | €43,075 | €46,950 | +€3,875 | +9.0% |
| Profit (loss) for the period to be appropriated | 9905 | €43,075 | €46,950 | +€3,875 | +9.0% |
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 24 October 2026 via checked.be.