A.B. Kiné: 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.
A.B. Kiné
Largest movements
- Cash +€163,212
up €163,212 (+513.6%), from €31,778 to €194,990
mainly Other debts (+€127,851) and Current investments (+€80,000)
- Current investments -€80,000
down €80,000 (-100.0%), from €80,000 to €0
- Deferred charges and accrued income +€23,995
up €23,995 (+778.7%), from €3,082 to €27,077
- Receivables within one year -€21,322
down €21,322 (-100.0%), from €21,322 to €0
- Tangible fixed assets -€10,965
down €10,965 (-26.9%), from €40,727 to €29,762
- Other debts +€127,851
up €127,851 (+1247.8%), from €10,246 to €138,097
- Profit (loss) carried forward -€74,977
down €74,977 (-71.5%), from €104,922 to €29,945
- Tax, wage and social debts +€33,235
up €33,235 (+192.2%), from €17,292 to €50,528
of which Taxes: +€32,635
- Debts after one year -€9,455
down €9,455 (-33.7%), from €28,080 to €18,625
- Gross operating margin +€25,865
up €25,865 (+30.1%), from €86,046 to €111,910
- Taxes +€10,949
up €10,949 (+72.8%), from €15,049 to €25,998
- Financial income +€2,480
up €2,480, from €0 to €2,480
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 | €176,908 | €251,828 | +€74,920 | +42.3% |
| Fixed assets | 21/28 | €40,727 | €29,762 | -€10,965 | -26.9% |
| Tangible fixed assets | 22/27 | €40,727 | €29,762 | -€10,965 | -26.9% |
| Furniture and vehicles | 24 | €40,727 | €29,762 | -€10,965 | -26.9% |
| Current assets | 29/58 | €136,182 | €222,066 | +€85,885 | +63.1% |
| Amounts receivable within one year | 40/41 | €21,322 | €0 | -€21,322 | -100.0% |
| Trade receivables | 40 | €21,322 | €0 | -€21,322 | -100.0% |
| Current investments | 50/53 | €80,000 | €0 | -€80,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €31,778 | €194,990 | +€163,212 | +513.6% |
| Deferred charges and accrued income | 490/1 | €3,082 | €27,077 | +€23,995 | +778.7% |
| Total equity and liabilities | 10/49 | €176,908 | €251,828 | +€74,920 | +42.3% |
| Equity | 10/15 | €108,922 | €33,945 | -€74,977 | -68.8% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €104,922 | €29,945 | -€74,977 | -71.5% |
| Amounts payable | 17/49 | €67,987 | €217,883 | +€149,897 | +220.5% |
| Amounts payable after more than one year | 17 | €28,080 | €18,625 | -€9,455 | -33.7% |
| Financial debts | 170/4 | €28,080 | €18,625 | -€9,455 | -33.7% |
| Amounts payable within one year | 42/48 | €37,007 | €198,609 | +€161,602 | +436.7% |
| Current portion of amounts payable after more than one year | 42 | €8,990 | €9,455 | +€466 | +5.2% |
| Trade debts | 44 | €478 | €529 | +€50 | +10.5% |
| Suppliers | 440/4 | €478 | €529 | +€50 | +10.5% |
| Taxes, remuneration and social security | 45 | €17,292 | €50,528 | +€33,235 | +192.2% |
| Taxes | 450/3 | €16,292 | €48,928 | +€32,635 | +200.3% |
| Remuneration and social security | 454/9 | €1,000 | €1,600 | +€600 | +60.0% |
| Other amounts payable | 47/48 | €10,246 | €138,097 | +€127,851 | +1247.8% |
| Accrued charges and deferred income | 492/3 | €2,900 | €650 | -€2,250 | -77.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,965 | €10,965 | = | 0.0% |
| Other operating charges | 640/8 | €743 | €585 | -€158 | -21.2% |
| Gross operating margin | 9900 | €86,046 | €111,910 | +€25,865 | +30.1% |
| Operating profit (loss) | 9901 | €74,338 | €100,361 | +€26,022 | +35.0% |
| Financial income | 75/76B | €0 | €2,480 | +€2,480 | |
| Recurring financial income | 75 | €0 | €2,480 | +€2,480 | |
| Financial charges | 65/66B | €2,290 | €1,819 | -€471 | -20.6% |
| Recurring financial charges | 65 | €2,290 | €1,819 | -€471 | -20.6% |
| Profit (loss) for the period before taxes | 9903 | €72,049 | €101,022 | +€28,973 | +40.2% |
| Income taxes | 67/77 | €15,049 | €25,998 | +€10,949 | +72.8% |
| Profit (loss) for the period | 9904 | €56,999 | €75,024 | +€18,024 | +31.6% |
| Profit (loss) for the period to be appropriated | 9905 | €56,999 | €75,024 | +€18,024 | +31.6% |
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 6 October 2026 via checked.be.