ELS KINDT: 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.
ELS KINDT
Largest movements
- Current investments +€17,532
new in 2025: €17,532
- Cash -€3,858
down €3,858 (-95.9%), from €4,023 to €165
mainly Current investments (-€17,532)
- Tangible fixed assets -€400
no longer reported in 2025 (was €400)
- Profit (loss) carried forward +€13,271
up €13,271, from -€12,114 to €1,157
- Gross operating margin +€13,650
up €13,650 (+8,397%), from €163 to €13,813
- Financial income +€237
new in 2025: €237
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 | €4,532 | €17,803 | +€13,271 | +293% |
| Fixed assets | 21/28 | €400 | - | -€400 | |
| Tangible fixed assets | 22/27 | €400 | - | -€400 | |
| Furniture and vehicles | 24 | €400 | - | -€400 | |
| Current assets | 29/58 | €4,132 | €17,803 | +€13,671 | +331% |
| Amounts receivable within one year | 40/41 | €109 | €106 | -€3 | -2.8% |
| Other amounts receivable | 41 | €109 | €106 | -€3 | -2.8% |
| Current investments | 50/53 | - | €17,532 | +€17,532 | |
| Cash at bank and in hand | 54/58 | €4,023 | €165 | -€3,858 | -95.9% |
| Total equity and liabilities | 10/49 | €4,532 | €17,803 | +€13,271 | +293% |
| Equity | 10/15 | €4,532 | €17,803 | +€13,271 | +293% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €4,246 | €4,246 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €2,386 | €4,246 | +€1,860 | +78.0% |
| Profit (loss) carried forward | 14 | -€12,114 | €1,157 | +€13,271 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €400 | €400 | = | 0.0% |
| Gross operating margin | 9900 | €163 | €13,813 | +€13,650 | +8,397% |
| Operating profit (loss) | 9901 | -€237 | €13,413 | +€13,650 | |
| Financial income | 75/76B | - | €237 | +€237 | |
| Recurring financial income | 75 | - | €237 | +€237 | |
| Financial charges | 65/66B | €307 | €307 | +€0 | +0.1% |
| Recurring financial charges | 65 | €307 | €307 | +€0 | +0.1% |
| Profit (loss) for the period before taxes | 9903 | -€544 | €13,342 | +€13,886 | |
| Income taxes | 67/77 | - | €71 | +€71 | |
| Profit (loss) for the period | 9904 | -€544 | €13,271 | +€13,815 | |
| Profit (loss) for the period to be appropriated | 9905 | -€544 | €13,271 | +€13,815 |
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.