AP 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.
AP KINE
Largest movements
- Current assets +€5,766
up €5,766 (+26.1%), from €22,121 to €27,886
of which Cash: +€3,200
- Tangible fixed assets -€2,709
down €2,709 (-50.0%), from €5,417 to €2,709
- Profit (loss) carried forward +€3,750
up €3,750 (+31.1%), from €12,053 to €15,802
- Debts after one year -€1,425
no longer reported in 2019 (was €1,425)
- Debts within one year +€732
up €732 (+5.6%), from €12,960 to €13,693
- Gross operating margin +€5,636
up €5,636 (+151%), from €3,734 to €9,370
- Taxes +€1,722
up €1,722 (+880%), from €196 to €1,918
- Depreciation -€376
down €376 (-12.2%), from €3,085 to €2,709
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 | €27,538 | €30,595 | +€3,057 | +11.1% |
| Fixed assets | 21/28 | €5,417 | €2,709 | -€2,709 | -50.0% |
| Tangible fixed assets | 22/27 | €5,417 | €2,709 | -€2,709 | -50.0% |
| Current assets | 29/58 | €22,121 | €27,886 | +€5,766 | +26.1% |
| Amounts receivable within one year | 40/41 | €10,339 | €12,902 | +€2,563 | +24.8% |
| Cash at bank and in hand | 54/58 | €11,137 | €14,338 | +€3,200 | +28.7% |
| Total equity and liabilities | 10/49 | €27,538 | €30,595 | +€3,057 | +11.1% |
| Equity | 10/15 | €13,153 | €16,902 | +€3,750 | +28.5% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,053 | €15,802 | +€3,750 | +31.1% |
| Amounts payable | 17/49 | €14,385 | €13,693 | -€693 | -4.8% |
| Amounts payable after more than one year | 17 | €1,425 | - | -€1,425 | |
| Amounts payable within one year | 42/48 | €12,960 | €13,693 | +€732 | +5.6% |
| Trade debts | 44 | - | €2,991 | +€2,991 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,085 | €2,709 | -€376 | -12.2% |
| Gross operating margin | 9900 | €3,734 | €9,370 | +€5,636 | +151% |
| Operating profit (loss) | 9901 | -€1,933 | €6,228 | +€8,161 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | +100% |
| Recurring financial charges | 65 | €487 | €561 | +€74 | +15.1% |
| Profit (loss) for the period before taxes | 9903 | -€2,420 | €5,667 | +€8,088 | |
| Income taxes | 67/77 | €196 | €1,918 | +€1,722 | +880% |
| Profit (loss) for the period | 9904 | -€2,616 | €3,750 | +€6,366 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,616 | €3,750 | +€6,366 |
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 18 October 2026 via checked.be.