AB KINE: 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.
AB KINE
Largest movements
- Cash +€41,056
up €41,056 (+79.8%), from €51,474 to €92,530
mainly Net result for the year (+€50,961) and Debts after one year (+€28,685)
- Tangible fixed assets +€34,102
up €34,102 (+155%), from €22,023 to €56,125
of which Furniture and vehicles: +€40,092
- Profit (loss) carried forward +€50,961
new in 2025: €50,961
- Debts after one year +€28,685
new in 2025: €28,685
- Other debts -€6,401
down €6,401 (-11.5%), from €55,471 to €49,070
- Current portion of long-term debt +€4,213
up €4,213 (+124%), from €3,392 to €7,605
- Tax, wage and social debts -€1,919
down €1,919 (-24.6%), from €7,788 to €5,869
of which Taxes: -€1,919
- Gross operating margin +€32,559
up €32,559 (+64.4%), from €50,557 to €83,116
- Taxes +€5,965
up €5,965 (+54.7%), from €10,904 to €16,869
- Depreciation +€5,416
up €5,416 (+80.3%), from €6,744 to €12,161
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 | €80,817 | €155,269 | +€74,452 | +92.1% |
| Fixed assets | 21/28 | €28,131 | €61,179 | +€33,048 | +117% |
| Intangible fixed assets | 21 | €6,078 | €5,024 | -€1,054 | -17.3% |
| Tangible fixed assets | 22/27 | €22,023 | €56,125 | +€34,102 | +155% |
| Plant, machinery and equipment | 23 | €4,447 | €2,854 | -€1,594 | -35.8% |
| Furniture and vehicles | 24 | - | €40,092 | +€40,092 | |
| Other tangible fixed assets | 26 | €17,576 | €13,180 | -€4,396 | -25.0% |
| Financial fixed assets | 28 | €30 | €30 | = | 0.0% |
| Current assets | 29/58 | €52,686 | €94,089 | +€41,403 | +78.6% |
| Cash at bank and in hand | 54/58 | €51,474 | €92,530 | +€41,056 | +79.8% |
| Deferred charges and accrued income | 490/1 | €1,212 | €1,559 | +€348 | +28.7% |
| Total equity and liabilities | 10/49 | €80,817 | €155,269 | +€74,452 | +92.1% |
| Equity | 10/15 | €10,000 | €60,961 | +€50,961 | +510% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €50,961 | +€50,961 | |
| Amounts payable | 17/49 | €70,817 | €94,308 | +€23,491 | +33.2% |
| Amounts payable after more than one year | 17 | - | €28,685 | +€28,685 | |
| Financial debts | 170/4 | - | €28,685 | +€28,685 | |
| Amounts payable within one year | 42/48 | €68,596 | €63,685 | -€4,912 | -7.2% |
| Current portion of amounts payable after more than one year | 42 | €3,392 | €7,605 | +€4,213 | +124% |
| Trade debts | 44 | €1,945 | €1,140 | -€805 | -41.4% |
| Suppliers | 440/4 | €1,945 | €1,140 | -€805 | -41.4% |
| Taxes, remuneration and social security | 45 | €7,788 | €5,869 | -€1,919 | -24.6% |
| Taxes | 450/3 | €5,788 | €3,869 | -€1,919 | -33.2% |
| Remuneration and social security | 454/9 | €2,000 | €2,000 | = | 0.0% |
| Other amounts payable | 47/48 | €55,471 | €49,070 | -€6,401 | -11.5% |
| Accrued charges and deferred income | 492/3 | €2,221 | €1,938 | -€282 | -12.7% |
| Non-recurring operating income | 76A | - | €8,002 | +€8,002 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,744 | €12,161 | +€5,416 | +80.3% |
| Other operating charges | 640/8 | €244 | €384 | +€141 | +57.8% |
| Gross operating margin | 9900 | €50,557 | €83,116 | +€32,559 | +64.4% |
| Operating profit (loss) | 9901 | €43,569 | €70,571 | +€27,002 | +62.0% |
| Financial income | 75/76B | €24 | €0 | -€24 | -100.0% |
| Recurring financial income | 75 | €24 | €0 | -€24 | -100.0% |
| Financial charges | 65/66B | €3,461 | €2,741 | -€720 | -20.8% |
| Recurring financial charges | 65 | €3,461 | €2,741 | -€720 | -20.8% |
| Profit (loss) for the period before taxes | 9903 | €40,132 | €67,830 | +€27,698 | +69.0% |
| Income taxes | 67/77 | €10,904 | €16,869 | +€5,965 | +54.7% |
| Profit (loss) for the period | 9904 | €29,228 | €50,961 | +€21,733 | +74.4% |
| Profit (loss) for the period to be appropriated | 9905 | €29,228 | €50,961 | +€21,733 | +74.4% |
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 13 October 2026 via checked.be.