IS 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.
IS KINE
Largest movements
- Tangible fixed assets +€2,178
up €2,178 (+42.8%), from €5,088 to €7,266
- Cash +€693
up €693 (+1.4%), from €48,327 to €49,021
mainly Net result for the year (+€4,350) and Depreciation (+€2,232)
- Tax, wage and social debts -€4,509
down €4,509 (-75.6%), from €5,961 to €1,452
of which Remuneration and social security: -€2,531
- Profit (loss) carried forward +€4,350
up €4,350 (+23.9%), from €18,167 to €22,517
- Trade debts +€1,629
new in 2025: €1,629
- Other debts +€1,335
up €1,335 (+4.8%), from €27,789 to €29,124
- Gross operating margin -€8,045
down €8,045 (-49.9%), from €16,107 to €8,062
- Taxes -€2,168
down €2,168 (-63.2%), from €3,430 to €1,262
- Depreciation +€1,428
up €1,428 (+177.6%), from €804 to €2,232
- Other operating charges -€591
down €591 (-90.2%), from €655 to €64
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 | €53,917 | €56,723 | +€2,806 | +5.2% |
| Fixed assets | 21/28 | €5,451 | €7,629 | +€2,178 | +40.0% |
| Tangible fixed assets | 22/27 | €5,088 | €7,266 | +€2,178 | +42.8% |
| Furniture and vehicles | 24 | €5,088 | €7,266 | +€2,178 | +42.8% |
| Financial fixed assets | 28 | €363 | €363 | = | 0.0% |
| Current assets | 29/58 | €48,466 | €49,094 | +€628 | +1.3% |
| Cash at bank and in hand | 54/58 | €48,327 | €49,021 | +€693 | +1.4% |
| Deferred charges and accrued income | 490/1 | €139 | €73 | -€66 | -47.2% |
| Total equity and liabilities | 10/49 | €53,917 | €56,723 | +€2,806 | +5.2% |
| Equity | 10/15 | €20,167 | €24,517 | +€4,350 | +21.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,167 | €22,517 | +€4,350 | +23.9% |
| Amounts payable | 17/49 | €33,750 | €32,205 | -€1,545 | -4.6% |
| Amounts payable within one year | 42/48 | €33,750 | €32,205 | -€1,545 | -4.6% |
| Trade debts | 44 | - | €1,629 | +€1,629 | |
| Suppliers | 440/4 | - | €1,629 | +€1,629 | |
| Taxes, remuneration and social security | 45 | €5,961 | €1,452 | -€4,509 | -75.6% |
| Taxes | 450/3 | €3,430 | €1,452 | -€1,978 | -57.7% |
| Remuneration and social security | 454/9 | €2,531 | - | -€2,531 | |
| Other amounts payable | 47/48 | €27,789 | €29,124 | +€1,335 | +4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €804 | €2,232 | +€1,428 | +177.6% |
| Other operating charges | 640/8 | €655 | €64 | -€591 | -90.2% |
| Gross operating margin | 9900 | €16,107 | €8,062 | -€8,045 | -49.9% |
| Operating profit (loss) | 9901 | €14,647 | €5,766 | -€8,882 | -60.6% |
| Financial charges | 65/66B | €171 | €153 | -€17 | -10.1% |
| Recurring financial charges | 65 | €171 | €153 | -€17 | -10.1% |
| Profit (loss) for the period before taxes | 9903 | €14,477 | €5,612 | -€8,865 | -61.2% |
| Income taxes | 67/77 | €3,430 | €1,262 | -€2,168 | -63.2% |
| Profit (loss) for the period | 9904 | €11,047 | €4,350 | -€6,697 | -60.6% |
| Profit (loss) for the period to be appropriated | 9905 | €11,047 | €4,350 | -€6,697 | -60.6% |
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 12 October 2026 via checked.be.