EM 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.
EM Kiné
Largest movements
- Cash +€25,095
up €25,095 (+1,580%), from €1,589 to €26,684
mainly Other debts (+€17,000) and Net result for the year (+€16,881)
- Tangible fixed assets -€10,855
down €10,855 (-22.9%), from €47,357 to €36,502
of which Furniture and vehicles: -€10,422
- Receivables within one year -€6,914
down €6,914 (-33.4%), from €20,712 to €13,798
of which Trade receivables: -€6,583
- Other debts +€17,000
new in 2025: €17,000
- Debts after one year -€10,962
down €10,962 (-29.5%), from €37,119 to €26,157
- Tax, wage and social debts +€3,967
new in 2025: €3,967
- Profit (loss) carried forward -€3,119
down €3,119 (-16.1%), from €19,381 to €16,263
- Gross operating margin +€24,931
up €24,931 (+239%), from €10,426 to €35,357
- Taxes +€4,568
up €4,568 (+1,145%), from €399 to €4,967
- Depreciation +€1,491
up €1,491 (+14.3%), from €10,392 to €11,883
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 | €70,624 | €78,165 | +€7,542 | +10.7% |
| Fixed assets | 21/28 | €47,444 | €36,589 | -€10,855 | -22.9% |
| Tangible fixed assets | 22/27 | €47,357 | €36,502 | -€10,855 | -22.9% |
| Plant, machinery and equipment | 23 | €433 | - | -€433 | |
| Furniture and vehicles | 24 | €46,924 | €36,502 | -€10,422 | -22.2% |
| Financial fixed assets | 28 | €86 | €86 | = | 0.0% |
| Current assets | 29/58 | €23,180 | €41,577 | +€18,397 | +79.4% |
| Amounts receivable within one year | 40/41 | €20,712 | €13,798 | -€6,914 | -33.4% |
| Trade receivables | 40 | €10,216 | €3,633 | -€6,583 | -64.4% |
| Other amounts receivable | 41 | €10,496 | €10,165 | -€331 | -3.2% |
| Cash at bank and in hand | 54/58 | €1,589 | €26,684 | +€25,095 | +1,580% |
| Deferred charges and accrued income | 490/1 | €880 | €1,095 | +€216 | +24.5% |
| Total equity and liabilities | 10/49 | €70,624 | €78,165 | +€7,542 | +10.7% |
| Equity | 10/15 | €22,381 | €19,263 | -€3,119 | -13.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,381 | €16,263 | -€3,119 | -16.1% |
| Amounts payable | 17/49 | €48,242 | €58,903 | +€10,660 | +22.1% |
| Amounts payable after more than one year | 17 | €37,119 | €26,157 | -€10,962 | -29.5% |
| Financial debts | 170/4 | €37,119 | €26,157 | -€10,962 | -29.5% |
| Amounts payable within one year | 42/48 | €11,123 | €32,746 | +€21,622 | +194% |
| Current portion of amounts payable after more than one year | 42 | €10,574 | €10,962 | +€388 | +3.7% |
| Trade debts | 44 | €549 | €816 | +€267 | +48.6% |
| Suppliers | 440/4 | €549 | €816 | +€267 | +48.6% |
| Taxes, remuneration and social security | 45 | - | €3,967 | +€3,967 | |
| Taxes | 450/3 | - | €3,967 | +€3,967 | |
| Other amounts payable | 47/48 | - | €17,000 | +€17,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,392 | €11,883 | +€1,491 | +14.3% |
| Other operating charges | 640/8 | €549 | €510 | -€39 | -7.1% |
| Gross operating margin | 9900 | €10,426 | €35,357 | +€24,931 | +239% |
| Operating profit (loss) | 9901 | -€516 | €22,963 | +€23,479 | |
| Financial income | 75/76B | €445 | €530 | +€85 | +19.0% |
| Recurring financial income | 75 | €445 | €530 | +€85 | +19.0% |
| Financial charges | 65/66B | €1,505 | €1,645 | +€139 | +9.2% |
| Recurring financial charges | 65 | €1,505 | €1,645 | +€139 | +9.2% |
| Profit (loss) for the period before taxes | 9903 | -€1,575 | €21,849 | +€23,424 | |
| Income taxes | 67/77 | €399 | €4,967 | +€4,568 | +1,145% |
| Profit (loss) for the period | 9904 | -€1,974 | €16,881 | +€18,856 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,974 | €16,881 | +€18,856 |
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 24 October 2026 via checked.be.