SD Kinemathe: 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.
SD Kinemathe
Largest movements
- Cash +€25,214
up €25,214 (+39.2%), from €64,319 to €89,533
mainly Net result for the year (+€18,332) and Receivables within one year (+€6,188)
- Receivables within one year -€6,188
down €6,188 (-19.2%), from €32,268 to €26,080
of which Other amounts receivable: -€5,240
- Tangible fixed assets -€4,957
down €4,957 (-39.9%), from €12,430 to €7,473
of which Furniture and vehicles: -€3,720
- Profit (loss) carried forward +€7,332
up €7,332 (+8.7%), from €84,239 to €91,570
- Trade debts +€4,694
up €4,694 (+634%), from €740 to €5,434
- Other debts +€4,250
new in 2025: €4,250
- Tax, wage and social debts -€1,544
down €1,544 (-13.3%), from €11,624 to €10,080
of which Taxes: -€3,399
- Gross operating margin +€18,095
up €18,095 (+48.9%), from €37,013 to €55,108
- Staff costs +€16,763
up €16,763 (+280%), from €5,983 to €22,746
- Depreciation +€3,244
up €3,244 (+189%), from €1,713 to €4,957
- Financial charges +€2,103
up €2,103 (+645%), from €326 to €2,430
- Taxes -€1,398
down €1,398 (-20.2%), from €6,937 to €5,538
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 | €109,017 | €123,305 | +€14,288 | +13.1% |
| Fixed assets | 21/28 | €12,430 | €7,473 | -€4,957 | -39.9% |
| Tangible fixed assets | 22/27 | €12,430 | €7,473 | -€4,957 | -39.9% |
| Plant, machinery and equipment | 23 | €2,336 | €1,099 | -€1,237 | -53.0% |
| Furniture and vehicles | 24 | €10,094 | €6,374 | -€3,720 | -36.9% |
| Current assets | 29/58 | €96,587 | €115,832 | +€19,245 | +19.9% |
| Amounts receivable within one year | 40/41 | €32,268 | €26,080 | -€6,188 | -19.2% |
| Trade receivables | 40 | €21,884 | €20,936 | -€949 | -4.3% |
| Other amounts receivable | 41 | €10,384 | €5,144 | -€5,240 | -50.5% |
| Cash at bank and in hand | 54/58 | €64,319 | €89,533 | +€25,214 | +39.2% |
| Deferred charges and accrued income | 490/1 | - | €220 | +€220 | |
| Total equity and liabilities | 10/49 | €109,017 | €123,305 | +€14,288 | +13.1% |
| Equity | 10/15 | €90,239 | €97,570 | +€7,332 | +8.1% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €5,000 | €5,000 | = | 0.0% |
| Distributable reserves | 133 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €84,239 | €91,570 | +€7,332 | +8.7% |
| Amounts payable | 17/49 | €18,778 | €25,735 | +€6,957 | +37.0% |
| Amounts payable within one year | 42/48 | €12,364 | €19,764 | +€7,400 | +59.8% |
| Trade debts | 44 | €740 | €5,434 | +€4,694 | +634% |
| Suppliers | 440/4 | €740 | €5,434 | +€4,694 | +634% |
| Taxes, remuneration and social security | 45 | €11,624 | €10,080 | -€1,544 | -13.3% |
| Taxes | 450/3 | €11,624 | €8,225 | -€3,399 | -29.2% |
| Remuneration and social security | 454/9 | - | €1,855 | +€1,855 | |
| Other amounts payable | 47/48 | - | €4,250 | +€4,250 | |
| Accrued charges and deferred income | 492/3 | €6,414 | €5,971 | -€443 | -6.9% |
| Remuneration, social security and pensions | 62 | €5,983 | €22,746 | +€16,763 | +280% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,713 | €4,957 | +€3,244 | +189% |
| Other operating charges | 640/8 | €1,127 | €1,105 | -€22 | -1.9% |
| Gross operating margin | 9900 | €37,013 | €55,108 | +€18,095 | +48.9% |
| Operating profit (loss) | 9901 | €28,190 | €26,300 | -€1,891 | -6.7% |
| Financial income | 75/76B | €0 | €0 | +€0 | +100% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +100% |
| Financial charges | 65/66B | €326 | €2,430 | +€2,103 | +645% |
| Recurring financial charges | 65 | €326 | €2,430 | +€2,103 | +645% |
| Profit (loss) for the period before taxes | 9903 | €27,864 | €23,870 | -€3,994 | -14.3% |
| Income taxes | 67/77 | €6,937 | €5,538 | -€1,398 | -20.2% |
| Profit (loss) for the period | 9904 | €20,928 | €18,332 | -€2,596 | -12.4% |
| Profit (loss) for the period to be appropriated | 9905 | €20,928 | €18,332 | -€2,596 | -12.4% |
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 27 October 2026 via checked.be.