C.D.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.
C.D.Kiné
Largest movements
- Receivables after one year -€55,000
down €55,000 (-36.7%), from €150,000 to €95,000
- Receivables within one year +€31,911
up €31,911 (+126%), from €25,229 to €57,139
- Tangible fixed assets -€9,994
down €9,994 (-62.2%), from €16,062 to €6,068
of which Furniture and vehicles: -€8,644
- Cash -€7,440
down €7,440 (-52.8%), from €14,079 to €6,639
mainly Contributions, distributions and other (-€43,204) and Receivables within one year (-€31,911)
- Reserves -€39,663
down €39,663 (-53.2%), from €74,586 to €34,923
of which Distributable reserves: -€39,663
- Other debts +€15,193
up €15,193 (+70.0%), from €21,703 to €36,896
- Current portion of long-term debt -€14,631
down €14,631 (-71.5%), from €20,456 to €5,824
- Tax, wage and social debts +€5,165
up €5,165 (+452%), from €1,142 to €6,308
- Debts after one year -€4,469
no longer reported in 2025 (was €4,469)
- Gross operating margin -€36,849
down €36,849 (-74.6%), from €49,409 to €12,560
- Depreciation -€9,902
down €9,902 (-46.9%), from €21,116 to €11,213
- Taxes -€5,943
down €5,943 (-82.0%), from €7,248 to €1,306
- Financial charges -€2,695
down €2,695 (-82.7%), from €3,258 to €564
- Financial income +€688
up €688 (+20.0%), from €3,439 to €4,127
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 | €206,036 | €165,426 | -€40,610 | -19.7% |
| Fixed assets | 21/28 | €16,062 | €6,068 | -€9,994 | -62.2% |
| Tangible fixed assets | 22/27 | €16,062 | €6,068 | -€9,994 | -62.2% |
| Plant, machinery and equipment | 23 | €6,510 | €5,522 | -€988 | -15.2% |
| Furniture and vehicles | 24 | €8,644 | - | -€8,644 | |
| Other tangible fixed assets | 26 | €908 | €545 | -€363 | -40.0% |
| Current assets | 29/58 | €189,974 | €159,359 | -€30,616 | -16.1% |
| Amounts receivable after more than one year | 29 | €150,000 | €95,000 | -€55,000 | -36.7% |
| Other amounts receivable | 291 | €150,000 | €95,000 | -€55,000 | -36.7% |
| Amounts receivable within one year | 40/41 | €25,229 | €57,139 | +€31,911 | +126% |
| Other amounts receivable | 41 | €25,229 | €57,139 | +€31,911 | +126% |
| Cash at bank and in hand | 54/58 | €14,079 | €6,639 | -€7,440 | -52.8% |
| Deferred charges and accrued income | 490/1 | €667 | €581 | -€86 | -12.9% |
| Total equity and liabilities | 10/49 | €206,036 | €165,426 | -€40,610 | -19.7% |
| Equity | 10/15 | €130,386 | €90,723 | -€39,663 | -30.4% |
| Contributions | 10/11 | €55,800 | €55,800 | = | 0.0% |
| Reserves | 13 | €74,586 | €34,923 | -€39,663 | -53.2% |
| Non-distributable reserves | 130/1 | €5,580 | €5,580 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,580 | €5,580 | = | 0.0% |
| Distributable reserves | 133 | €69,006 | €29,343 | -€39,663 | -57.5% |
| Provisions and deferred taxes | 16 | €25,494 | €25,494 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €25,494 | €25,494 | = | 0.0% |
| Pensions and similar obligations | 160 | €25,494 | €25,494 | = | 0.0% |
| Amounts payable | 17/49 | €50,156 | €49,209 | -€947 | -1.9% |
| Amounts payable after more than one year | 17 | €4,469 | - | -€4,469 | |
| Financial debts | 170/4 | €4,469 | - | -€4,469 | |
| Amounts payable within one year | 42/48 | €43,341 | €49,209 | +€5,868 | +13.5% |
| Current portion of amounts payable after more than one year | 42 | €20,456 | €5,824 | -€14,631 | -71.5% |
| Trade debts | 44 | €39 | €181 | +€142 | +359% |
| Suppliers | 440/4 | €39 | €181 | +€142 | +359% |
| Taxes, remuneration and social security | 45 | €1,142 | €6,308 | +€5,165 | +452% |
| Taxes | 450/3 | €1,142 | €6,308 | +€5,165 | +452% |
| Other amounts payable | 47/48 | €21,703 | €36,896 | +€15,193 | +70.0% |
| Accrued charges and deferred income | 492/3 | €2,347 | - | -€2,347 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,116 | €11,213 | -€9,902 | -46.9% |
| Other operating charges | 640/8 | €12 | €63 | +€51 | +424% |
| Gross operating margin | 9900 | €49,409 | €12,560 | -€36,849 | -74.6% |
| Operating profit (loss) | 9901 | €28,281 | €1,283 | -€26,998 | -95.5% |
| Financial income | 75/76B | €3,439 | €4,127 | +€688 | +20.0% |
| Recurring financial income | 75 | €3,439 | €4,127 | +€688 | +20.0% |
| Financial charges | 65/66B | €3,258 | €564 | -€2,695 | -82.7% |
| Recurring financial charges | 65 | €3,258 | €564 | -€2,695 | -82.7% |
| Profit (loss) for the period before taxes | 9903 | €28,461 | €4,846 | -€23,615 | -83.0% |
| Income taxes | 67/77 | €7,248 | €1,306 | -€5,943 | -82.0% |
| Profit (loss) for the period | 9904 | €21,213 | €3,541 | -€17,673 | -83.3% |
| Profit (loss) for the period to be appropriated | 9905 | €21,213 | €3,541 | -€17,673 | -83.3% |
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 18 October 2026 via checked.be.