FL 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.
FL KINE
Largest movements
- Deferred charges and accrued income +€8,049
new in 2025: €8,049
- Cash +€6,519
up €6,519 (+174.0%), from €3,747 to €10,266
mainly Net result for the year (+€12,657) and Tax, wage and social debts (+€7,034)
- Receivables within one year +€2,724
up €2,724 (+29.1%), from €9,355 to €12,079
- Tangible fixed assets -€514
down €514 (-30.4%), from €1,691 to €1,177
of which Plant, machinery and equipment: -€1,492
- Profit (loss) carried forward +€11,798
up €11,798 (+160.4%), from €7,357 to €19,155
- Tax, wage and social debts +€7,034
up €7,034 (+295.3%), from €2,382 to €9,416
of which Taxes: +€7,034
- Trade debts -€2,054
down €2,054 (-100.0%), from €2,054 to €0
- Gross operating margin +€6,963
up €6,963 (+44.4%), from €15,671 to €22,634
- Taxes +€6,768
up €6,768 (+1162.8%), from €582 to €7,351
- Financial charges +€2,033
up €2,033 (+3191.9%), from €64 to €2,096
- Other operating charges -€651
down €651 (-51.8%), from €1,257 to €607
- Financial income +€543
up €543 (+1153.2%), from €47 to €590
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 | €14,793 | €31,571 | +€16,778 | +113.4% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €1,691 | €1,177 | -€514 | -30.4% |
| Tangible fixed assets | 22/27 | €1,691 | €1,177 | -€514 | -30.4% |
| Plant, machinery and equipment | 23 | €1,691 | €199 | -€1,492 | -88.3% |
| Other tangible fixed assets | 26 | - | €979 | +€979 | |
| Current assets | 29/58 | €13,102 | €30,394 | +€17,292 | +132.0% |
| Amounts receivable within one year | 40/41 | €9,355 | €12,079 | +€2,724 | +29.1% |
| Other amounts receivable | 41 | €9,355 | €12,079 | +€2,724 | +29.1% |
| Cash at bank and in hand | 54/58 | €3,747 | €10,266 | +€6,519 | +174.0% |
| Deferred charges and accrued income | 490/1 | - | €8,049 | +€8,049 | |
| Total equity and liabilities | 10/49 | €14,793 | €31,571 | +€16,778 | +113.4% |
| Equity | 10/15 | €10,357 | €22,155 | +€11,798 | +113.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,357 | €19,155 | +€11,798 | +160.4% |
| Amounts payable | 17/49 | €4,436 | €9,416 | +€4,980 | +112.3% |
| Amounts payable within one year | 42/48 | €4,436 | €9,416 | +€4,980 | +112.3% |
| Trade debts | 44 | €2,054 | €0 | -€2,054 | -100.0% |
| Suppliers | 440/4 | €2,054 | €0 | -€2,054 | -100.0% |
| Taxes, remuneration and social security | 45 | €2,382 | €9,416 | +€7,034 | +295.3% |
| Taxes | 450/3 | €882 | €7,916 | +€7,034 | +797.4% |
| Remuneration and social security | 454/9 | €1,500 | €1,500 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €458 | €514 | +€55 | +12.0% |
| Other operating charges | 640/8 | €1,257 | €607 | -€651 | -51.8% |
| Gross operating margin | 9900 | €15,671 | €22,634 | +€6,963 | +44.4% |
| Operating profit (loss) | 9901 | €13,955 | €21,514 | +€7,559 | +54.2% |
| Financial income | 75/76B | €47 | €590 | +€543 | +1153.2% |
| Recurring financial income | 75 | €47 | €590 | +€543 | +1153.2% |
| Financial charges | 65/66B | €64 | €2,096 | +€2,033 | +3191.9% |
| Recurring financial charges | 65 | €64 | €2,096 | +€2,033 | +3191.9% |
| Profit (loss) for the period before taxes | 9903 | €13,939 | €20,008 | +€6,069 | +43.5% |
| Income taxes | 67/77 | €582 | €7,351 | +€6,768 | +1162.8% |
| Profit (loss) for the period | 9904 | €13,357 | €12,657 | -€699 | -5.2% |
| Profit (loss) for the period to be appropriated | 9905 | €13,357 | €12,657 | -€699 | -5.2% |
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.