DC 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.
DC KINE
Largest movements
- Receivables within one year -€29,024
down €29,024 (-49.0%), from €59,257 to €30,233
of which Other amounts receivable: -€28,410
- Tangible fixed assets -€15,216
down €15,216 (-8.5%), from €179,217 to €164,000
of which Land and buildings: -€10,365
- Cash +€6,099
up €6,099, from €0 to €6,099
mainly Receivables within one year (+€29,024) and Depreciation (+€11,206)
- Profit (loss) carried forward -€17,513
down €17,513 (-31.1%), from €56,273 to €38,760
- Debts after one year -€15,648
down €15,648 (-11.1%), from €141,533 to €125,885
- Short-term financial debts -€4,625
no longer reported in 2025 (was €4,625)
- Gross operating margin -€20,028
down €20,028, from €16,558 to -€3,470
- Depreciation -€1,761
down €1,761 (-13.6%), from €12,967 to €11,206
- Taxes -€1,740
down €1,740 (-93.0%), from €1,871 to €131
- Other operating charges -€1,383
down €1,383 (-100.0%), from €1,384 to €1
- Financial charges +€202
up €202 (+8.1%), from €2,504 to €2,706
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 | €238,474 | €200,415 | -€38,059 | -16.0% |
| Fixed assets | 21/28 | €179,217 | €164,000 | -€15,216 | -8.5% |
| Tangible fixed assets | 22/27 | €179,217 | €164,000 | -€15,216 | -8.5% |
| Land and buildings | 22 | €173,100 | €162,735 | -€10,365 | -6.0% |
| Plant, machinery and equipment | 23 | €131 | - | -€131 | |
| Furniture and vehicles | 24 | €5,986 | €1,265 | -€4,721 | -78.9% |
| Current assets | 29/58 | €59,257 | €36,415 | -€22,842 | -38.5% |
| Amounts receivable within one year | 40/41 | €59,257 | €30,233 | -€29,024 | -49.0% |
| Trade receivables | 40 | €764 | €150 | -€614 | -80.4% |
| Other amounts receivable | 41 | €58,494 | €30,083 | -€28,410 | -48.6% |
| Cash at bank and in hand | 54/58 | €0 | €6,099 | +€6,099 | |
| Deferred charges and accrued income | 490/1 | - | €83 | +€83 | |
| Total equity and liabilities | 10/49 | €238,474 | €200,415 | -€38,059 | -16.0% |
| Equity | 10/15 | €74,950 | €57,437 | -€17,513 | -23.4% |
| Contributions | 10/11 | €18,677 | €18,677 | = | 0.0% |
| Capital | 10 | €18,677 | - | -€18,677 | |
| Issued capital | 100 | €18,677 | - | -€18,677 | |
| Profit (loss) carried forward | 14 | €56,273 | €38,760 | -€17,513 | -31.1% |
| Amounts payable | 17/49 | €163,524 | €142,978 | -€20,546 | -12.6% |
| Amounts payable after more than one year | 17 | €141,533 | €125,885 | -€15,648 | -11.1% |
| Financial debts | 170/4 | €141,533 | €125,885 | -€15,648 | -11.1% |
| Amounts payable within one year | 42/48 | €21,991 | €17,093 | -€4,899 | -22.3% |
| Current portion of amounts payable after more than one year | 42 | €15,474 | €15,648 | +€173 | +1.1% |
| Financial debts | 43 | €4,625 | - | -€4,625 | |
| Credit institutions | 430/8 | €4,625 | - | -€4,625 | |
| Trade debts | 44 | - | €1,445 | +€1,445 | |
| Suppliers | 440/4 | €0 | €1,445 | +€1,445 | |
| Taxes, remuneration and social security | 45 | €1,892 | - | -€1,892 | |
| Taxes | 450/3 | €1,892 | €0 | -€1,892 | -100% |
| Non-recurring operating income | 76A | - | €10,058 | +€10,058 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,967 | €11,206 | -€1,761 | -13.6% |
| Other operating charges | 640/8 | €1,384 | €1 | -€1,383 | -100.0% |
| Gross operating margin | 9900 | €16,558 | -€3,470 | -€20,028 | |
| Operating profit (loss) | 9901 | €2,207 | -€14,677 | -€16,884 | |
| Financial income | 75/76B | €17 | €2 | -€15 | -88.4% |
| Recurring financial income | 75 | €17 | €2 | -€15 | -88.4% |
| Financial charges | 65/66B | €2,504 | €2,706 | +€202 | +8.1% |
| Recurring financial charges | 65 | €2,504 | €2,706 | +€202 | +8.1% |
| Profit (loss) for the period before taxes | 9903 | -€281 | -€17,382 | -€17,101 | -6,093% |
| Income taxes | 67/77 | €1,871 | €131 | -€1,740 | -93.0% |
| Profit (loss) for the period | 9904 | -€2,151 | -€17,513 | -€15,361 | -714% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,151 | -€17,513 | -€15,361 | -714% |
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 13 October 2026 via checked.be.