AN Kiné: 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.
AN Kiné
Largest movements
- Tangible fixed assets -€9,962
down €9,962 (-27.9%), from €35,732 to €25,770
of which Furniture and vehicles: -€9,496
- Receivables within one year -€3,548
down €3,548 (-19.2%), from €18,497 to €14,949
of which Trade receivables: -€2,554
- Deferred charges and accrued income -€3,198
down €3,198 (-67.9%), from €4,709 to €1,511
- Cash +€2,849
up €2,849 (+40.0%), from €7,120 to €9,970
mainly Other debts (+€13,676) and Depreciation (+€9,962)
- Profit (loss) carried forward -€19,748
down €19,748 (-203%), from -€9,732 to -€29,480
- Other debts +€13,676
up €13,676 (+110%), from €12,391 to €26,067
- Debts after one year -€9,169
down €9,169 (-36.4%), from €25,158 to €15,989
- Accrued charges and deferred income +€1,225
new in 2025: €1,225
- Gross operating margin -€6,115
down €6,115 (-17.0%), from €36,073 to €29,959
- Financial charges +€3,766
up €3,766 (+10.7%), from €35,091 to €38,857
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 | €66,269 | €52,200 | -€14,069 | -21.2% |
| Fixed assets | 21/28 | €35,942 | €25,770 | -€10,172 | -28.3% |
| Tangible fixed assets | 22/27 | €35,732 | €25,770 | -€9,962 | -27.9% |
| Furniture and vehicles | 24 | €34,024 | €24,529 | -€9,496 | -27.9% |
| Other tangible fixed assets | 26 | €1,708 | €1,242 | -€466 | -27.3% |
| Financial fixed assets | 28 | €210 | - | -€210 | |
| Current assets | 29/58 | €30,327 | €26,430 | -€3,897 | -12.9% |
| Amounts receivable within one year | 40/41 | €18,497 | €14,949 | -€3,548 | -19.2% |
| Trade receivables | 40 | €16,637 | €14,083 | -€2,554 | -15.4% |
| Other amounts receivable | 41 | €1,861 | €866 | -€995 | -53.5% |
| Cash at bank and in hand | 54/58 | €7,120 | €9,970 | +€2,849 | +40.0% |
| Deferred charges and accrued income | 490/1 | €4,709 | €1,511 | -€3,198 | -67.9% |
| Total equity and liabilities | 10/49 | €66,269 | €52,200 | -€14,069 | -21.2% |
| Equity | 10/15 | €18,245 | -€1,503 | -€19,748 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €24,977 | €24,977 | = | 0.0% |
| Distributable reserves | 133 | €24,977 | €24,977 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,732 | -€29,480 | -€19,748 | -203% |
| Amounts payable | 17/49 | €48,024 | €53,703 | +€5,679 | +11.8% |
| Amounts payable after more than one year | 17 | €25,158 | €15,989 | -€9,169 | -36.4% |
| Financial debts | 170/4 | €25,158 | €15,989 | -€9,169 | -36.4% |
| Amounts payable within one year | 42/48 | €22,866 | €36,489 | +€13,623 | +59.6% |
| Current portion of amounts payable after more than one year | 42 | €8,863 | €9,169 | +€306 | +3.5% |
| Trade debts | 44 | €1,612 | €1,093 | -€519 | -32.2% |
| Suppliers | 440/4 | €1,612 | €1,093 | -€519 | -32.2% |
| Taxes, remuneration and social security | 45 | - | €160 | +€160 | |
| Remuneration and social security | 454/9 | - | €160 | +€160 | |
| Other amounts payable | 47/48 | €12,391 | €26,067 | +€13,676 | +110% |
| Accrued charges and deferred income | 492/3 | - | €1,225 | +€1,225 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,855 | €9,962 | +€107 | +1.1% |
| Other operating charges | 640/8 | €733 | €754 | +€22 | +2.9% |
| Gross operating margin | 9900 | €36,073 | €29,959 | -€6,115 | -17.0% |
| Operating profit (loss) | 9901 | €25,486 | €19,243 | -€6,244 | -24.5% |
| Financial income | 75/76B | €13 | €0 | -€13 | -99.9% |
| Recurring financial income | 75 | €13 | €0 | -€13 | -99.9% |
| Financial charges | 65/66B | €35,091 | €38,857 | +€3,766 | +10.7% |
| Recurring financial charges | 65 | €35,091 | €38,857 | +€3,766 | +10.7% |
| Profit (loss) for the period before taxes | 9903 | -€9,592 | -€19,614 | -€10,023 | -104% |
| Income taxes | 67/77 | €140 | €134 | -€6 | -4.5% |
| Profit (loss) for the period | 9904 | -€9,732 | -€19,748 | -€10,016 | -103% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,732 | -€19,748 | -€10,016 | -103% |
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 25 October 2026 via checked.be.