aSD² 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.
aSD² Kiné
Largest movements
- Tangible fixed assets -€10,835
down €10,835 (-4.2%), from €258,196 to €247,361
of which Land and buildings: -€6,240
- Cash +€9,222
up €9,222 (+82.4%), from €11,192 to €20,414
mainly Net result for the year (+€16,481) and Depreciation (+€13,733)
- Receivables within one year +€4,731
up €4,731 (+63.6%), from €7,443 to €12,174
- Debts after one year -€17,079
down €17,079 (-9.7%), from €176,534 to €159,455
- Reserves +€16,481
up €16,481 (+43.4%), from €38,012 to €54,494
- Tax, wage and social debts +€2,962
up €2,962 (+167%), from €1,777 to €4,739
- Gross operating margin +€2,181
up €2,181 (+5.7%), from €38,169 to €40,351
- Depreciation +€1,094
up €1,094 (+8.7%), from €12,639 to €13,733
- Taxes -€455
down €455 (-6.8%), from €6,725 to €6,270
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 | €277,060 | €280,182 | +€3,122 | +1.1% |
| Fixed assets | 21/28 | €258,196 | €247,361 | -€10,835 | -4.2% |
| Tangible fixed assets | 22/27 | €258,196 | €247,361 | -€10,835 | -4.2% |
| Land and buildings | 22 | €240,075 | €233,835 | -€6,240 | -2.6% |
| Plant, machinery and equipment | 23 | €18,121 | €13,525 | -€4,596 | -25.4% |
| Current assets | 29/58 | €18,864 | €32,821 | +€13,957 | +74.0% |
| Amounts receivable within one year | 40/41 | €7,443 | €12,174 | +€4,731 | +63.6% |
| Trade receivables | 40 | €7,443 | €12,174 | +€4,731 | +63.6% |
| Cash at bank and in hand | 54/58 | €11,192 | €20,414 | +€9,222 | +82.4% |
| Deferred charges and accrued income | 490/1 | €228 | €233 | +€4 | +1.9% |
| Total equity and liabilities | 10/49 | €277,060 | €280,182 | +€3,122 | +1.1% |
| Equity | 10/15 | €52,012 | €68,494 | +€16,481 | +31.7% |
| Contributions | 10/11 | €14,000 | €14,000 | = | 0.0% |
| Reserves | 13 | €38,012 | €54,494 | +€16,481 | +43.4% |
| Distributable reserves | 133 | €38,012 | €54,494 | +€16,481 | +43.4% |
| Amounts payable | 17/49 | €225,048 | €211,688 | -€13,360 | -5.9% |
| Amounts payable after more than one year | 17 | €176,534 | €159,455 | -€17,079 | -9.7% |
| Financial debts | 170/4 | €176,534 | €159,455 | -€17,079 | -9.7% |
| Amounts payable within one year | 42/48 | €48,514 | €52,233 | +€3,719 | +7.7% |
| Current portion of amounts payable after more than one year | 42 | €18,458 | €17,079 | -€1,379 | -7.5% |
| Trade debts | 44 | €577 | €2,746 | +€2,168 | +376% |
| Suppliers | 440/4 | €577 | €2,746 | +€2,168 | +376% |
| Taxes, remuneration and social security | 45 | €1,777 | €4,739 | +€2,962 | +167% |
| Taxes | 450/3 | €1,777 | €4,739 | +€2,962 | +167% |
| Other amounts payable | 47/48 | €27,701 | €27,669 | -€32 | -0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,639 | €13,733 | +€1,094 | +8.7% |
| Other operating charges | 640/8 | €2,059 | €2,092 | +€33 | +1.6% |
| Gross operating margin | 9900 | €38,169 | €40,351 | +€2,181 | +5.7% |
| Operating profit (loss) | 9901 | €23,471 | €24,526 | +€1,055 | +4.5% |
| Financial charges | 65/66B | €1,986 | €1,775 | -€211 | -10.6% |
| Recurring financial charges | 65 | €1,986 | €1,775 | -€211 | -10.6% |
| Profit (loss) for the period before taxes | 9903 | €21,486 | €22,751 | +€1,266 | +5.9% |
| Income taxes | 67/77 | €6,725 | €6,270 | -€455 | -6.8% |
| Profit (loss) for the period | 9904 | €14,760 | €16,481 | +€1,721 | +11.7% |
| Profit (loss) for the period to be appropriated | 9905 | €14,760 | €16,481 | +€1,721 | +11.7% |
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 20 October 2026 via checked.be.