AC 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.
AC Kine
Largest movements
- Current assets +€8,179
up €8,179 (+50.6%), from €16,149 to €24,328
of which Receivables within one year: +€10,592
- Tangible fixed assets +€1,628
up €1,628 (+19.8%), from €8,212 to €9,840
- Debts +€5,838
up €5,838 (+45.8%), from €12,744 to €18,582
of which Debts within one year: +€7,422
- Reserves +€3,900
up €3,900 (+38.6%), from €10,100 to €14,000
- Gross operating margin -€4,555
down €4,555 (-26.5%), from €17,208 to €12,653
- Depreciation +€1,105
up €1,105 (+41.9%), from €2,635 to €3,740
- Taxes -€523
down €523 (-17.4%), from €3,000 to €2,477
From the 2018 result to the 2019 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2018 | 2019 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €24,391 | €34,198 | +€9,807 | +40.2% |
| Fixed assets | 21/28 | €8,242 | €9,870 | +€1,628 | +19.8% |
| Tangible fixed assets | 22/27 | €8,212 | €9,840 | +€1,628 | +19.8% |
| Financial fixed assets | 28 | €30 | €30 | = | 0.0% |
| Current assets | 29/58 | €16,149 | €24,328 | +€8,179 | +50.6% |
| Amounts receivable within one year | 40/41 | €10,452 | €21,044 | +€10,592 | +101% |
| Cash at bank and in hand | 54/58 | €5,410 | €3,110 | -€2,300 | -42.5% |
| Total equity and liabilities | 10/49 | €24,391 | €34,198 | +€9,807 | +40.2% |
| Equity | 10/15 | €11,647 | €15,616 | +€3,969 | +34.1% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €10,100 | €14,000 | +€3,900 | +38.6% |
| Profit (loss) carried forward | 14 | €47 | €116 | +€69 | +147% |
| Amounts payable | 17/49 | €12,744 | €18,582 | +€5,838 | +45.8% |
| Amounts payable after more than one year | 17 | €6,296 | €4,869 | -€1,427 | -22.7% |
| Amounts payable within one year | 42/48 | €5,847 | €13,269 | +€7,422 | +127% |
| Trade debts | 44 | €653 | €1,903 | +€1,250 | +191% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,635 | €3,740 | +€1,105 | +41.9% |
| Gross operating margin | 9900 | €17,208 | €12,653 | -€4,555 | -26.5% |
| Operating profit (loss) | 9901 | €13,555 | €7,778 | -€5,777 | -42.6% |
| Recurring financial charges | 65 | €408 | €1,332 | +€924 | +226% |
| Profit (loss) for the period before taxes | 9903 | €13,147 | €6,446 | -€6,701 | -51.0% |
| Income taxes | 67/77 | €3,000 | €2,477 | -€523 | -17.4% |
| Profit (loss) for the period | 9904 | €10,147 | €3,969 | -€6,178 | -60.9% |
| Profit (loss) for the period to be appropriated | 9905 | €10,147 | €3,969 | -€6,178 | -60.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2018 and 31 December 2019. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.