CG KINE: what changed
Two fiscal 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.
CG KINE
Largest movements
- Tangible fixed assets +€24,740
up €24,740 (+6.7%), from €371,433 to €396,173
of which Land and buildings: +€21,321
- Cash -€8,932
down €8,932 (-25.3%), from €35,375 to €26,442
mainly Investment in fixed assets (net) (-€44,311) and Debts after one year (-€35,978)
- Profit (loss) carried forward +€38,984
up €38,984, from -€21,028 to €17,956
- Debts after one year -€35,978
down €35,978 (-9.9%), from €365,091 to €329,113
- Trade debts +€8,821
up €8,821 (+811.0%), from €1,088 to €9,909
- Other debts +€6,500
up €6,500 (+54.5%), from €11,934 to €18,433
- Gross operating margin +€38,893
up €38,893 (+88.4%), from €44,018 to €82,910
- Depreciation +€12,788
up €12,788 (+188.5%), from €6,783 to €19,571
- Financial charges +€10,440
up €10,440 (+172.2%), from €6,063 to €16,503
- Taxes +€4,894
up €4,894 (+2204.8%), from €222 to €5,115
- Other operating charges +€1,866
up €1,866 (+1351.7%), from €138 to €2,005
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.
Cash bridge derived
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 | €407,346 | €425,426 | +€18,080 | +4.4% |
| Fixed assets | 21/28 | €371,433 | €396,173 | +€24,740 | +6.7% |
| Tangible fixed assets | 22/27 | €371,433 | €396,173 | +€24,740 | +6.7% |
| Land and buildings | 22 | €349,360 | €370,681 | +€21,321 | +6.1% |
| Plant, machinery and equipment | 23 | €12,724 | €14,665 | +€1,941 | +15.3% |
| Furniture and vehicles | 24 | €8,578 | €10,146 | +€1,568 | +18.3% |
| Other tangible fixed assets | 26 | €771 | €681 | -€90 | -11.7% |
| Current assets | 29/58 | €35,913 | €29,253 | -€6,660 | -18.5% |
| Amounts receivable within one year | 40/41 | - | €2,071 | +€2,071 | |
| Trade receivables | 40 | - | €1,187 | +€1,187 | |
| Other amounts receivable | 41 | - | €885 | +€885 | |
| Cash at bank and in hand | 54/58 | €35,375 | €26,442 | -€8,932 | -25.3% |
| Deferred charges and accrued income | 490/1 | €538 | €740 | +€202 | +37.5% |
| Total equity and liabilities | 10/49 | €407,346 | €425,426 | +€18,080 | +4.4% |
| Equity | 10/15 | -€11,028 | €27,956 | +€38,984 | |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€21,028 | €17,956 | +€38,984 | |
| Amounts payable | 17/49 | €418,374 | €397,470 | -€20,903 | -5.0% |
| Amounts payable after more than one year | 17 | €365,091 | €329,113 | -€35,978 | -9.9% |
| Financial debts | 170/4 | €365,091 | €329,113 | -€35,978 | -9.9% |
| Amounts payable within one year | 42/48 | €49,788 | €65,738 | +€15,949 | +32.0% |
| Current portion of amounts payable after more than one year | 42 | €34,909 | €35,978 | +€1,070 | +3.1% |
| Trade debts | 44 | €1,088 | €9,909 | +€8,821 | +811.0% |
| Suppliers | 440/4 | €1,088 | €9,909 | +€8,821 | +811.0% |
| Taxes, remuneration and social security | 45 | €1,858 | €1,417 | -€441 | -23.7% |
| Taxes | 450/3 | €1,858 | €1,417 | -€441 | -23.7% |
| Other amounts payable | 47/48 | €11,934 | €18,433 | +€6,500 | +54.5% |
| Accrued charges and deferred income | 492/3 | €3,494 | €2,620 | -€874 | -25.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,783 | €19,571 | +€12,788 | +188.5% |
| Other operating charges | 640/8 | €138 | €2,005 | +€1,866 | +1351.7% |
| Non-recurring operating charges | 66A | €51,879 | - | -€51,879 | |
| Gross operating margin | 9900 | €44,018 | €82,910 | +€38,893 | +88.4% |
| Operating profit (loss) | 9901 | -€14,783 | €61,335 | +€76,118 | |
| Financial income | 75/76B | €40 | €100 | +€60 | +149.8% |
| Recurring financial income | 75 | €40 | €100 | +€60 | +149.8% |
| Financial charges | 65/66B | €6,063 | €16,503 | +€10,440 | +172.2% |
| Recurring financial charges | 65 | €6,063 | €16,503 | +€10,440 | +172.2% |
| Profit (loss) for the period before taxes | 9903 | -€20,806 | €44,932 | +€65,738 | |
| Income taxes | 67/77 | €222 | €5,115 | +€4,894 | +2204.8% |
| Profit (loss) for the period | 9904 | -€21,028 | €39,817 | +€60,844 | |
| Profit (loss) for the period to be appropriated | 9905 | -€21,028 | €39,817 | +€60,844 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.