K. SOINS: 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.
K. SOINS
Largest movements
- Tangible fixed assets +€94,941
up €94,941 (+215.9%), from €43,974 to €138,915
of which Land and buildings: +€88,000
- Cash +€24,913
up €24,913 (+110.1%), from €22,624 to €47,537
mainly Debts after one year (+€88,358) and Net result for the year (+€44,747)
- Receivables within one year +€9,558
up €9,558 (+36.6%), from €26,146 to €35,704
of which Other amounts receivable: +€5,202
- Receivables after one year -€3,000
down €3,000 (-25.0%), from €12,000 to €9,000
- Debts after one year +€88,358
up €88,358 (+235.8%), from €37,478 to €125,836
- Profit (loss) carried forward +€15,997
up €15,997 (+43.3%), from €36,980 to €52,977
- Current portion of long-term debt +€14,155
up €14,155 (+119.6%), from €11,836 to €25,990
- Tax, wage and social debts +€9,793
up €9,793 (+90.2%), from €10,860 to €20,653
- Gross operating margin +€31,643
up €31,643 (+51.0%), from €62,062 to €93,705
- Financial charges +€3,475
up €3,475 (+82.9%), from €4,191 to €7,666
- Taxes +€2,719
up €2,719 (+29.7%), from €9,162 to €11,881
- Depreciation +€1,882
up €1,882 (+18.1%), from €10,377 to €12,258
- Other operating charges -€1,328
down €1,328 (-46.2%), from €2,874 to €1,546
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 | €105,014 | €231,729 | +€126,715 | +120.7% |
| Fixed assets | 21/28 | €43,974 | €138,915 | +€94,941 | +215.9% |
| Tangible fixed assets | 22/27 | €43,974 | €138,915 | +€94,941 | +215.9% |
| Land and buildings | 22 | - | €88,000 | +€88,000 | |
| Furniture and vehicles | 24 | €43,974 | €34,088 | -€9,886 | -22.5% |
| Leasing and similar rights | 25 | - | €16,826 | +€16,826 | |
| Current assets | 29/58 | €61,040 | €92,814 | +€31,774 | +52.1% |
| Amounts receivable after more than one year | 29 | €12,000 | €9,000 | -€3,000 | -25.0% |
| Other amounts receivable | 291 | €12,000 | €9,000 | -€3,000 | -25.0% |
| Amounts receivable within one year | 40/41 | €26,146 | €35,704 | +€9,558 | +36.6% |
| Trade receivables | 40 | €10,113 | €14,469 | +€4,356 | +43.1% |
| Other amounts receivable | 41 | €16,034 | €21,236 | +€5,202 | +32.4% |
| Cash at bank and in hand | 54/58 | €22,624 | €47,537 | +€24,913 | +110.1% |
| Deferred charges and accrued income | 490/1 | €270 | €573 | +€303 | +112.0% |
| Total equity and liabilities | 10/49 | €105,014 | €231,729 | +€126,715 | +120.7% |
| Equity | 10/15 | €38,980 | €54,977 | +€15,997 | +41.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €36,980 | €52,977 | +€15,997 | +43.3% |
| Amounts payable | 17/49 | €66,034 | €176,751 | +€110,717 | +167.7% |
| Amounts payable after more than one year | 17 | €37,478 | €125,836 | +€88,358 | +235.8% |
| Financial debts | 170/4 | €37,478 | €125,836 | +€88,358 | +235.8% |
| Amounts payable within one year | 42/48 | €28,557 | €50,612 | +€22,055 | +77.2% |
| Current portion of amounts payable after more than one year | 42 | €11,836 | €25,990 | +€14,155 | +119.6% |
| Trade debts | 44 | €2,861 | €968 | -€1,893 | -66.2% |
| Suppliers | 440/4 | €2,861 | €968 | -€1,893 | -66.2% |
| Taxes, remuneration and social security | 45 | €10,860 | €20,653 | +€9,793 | +90.2% |
| Taxes | 450/3 | €10,860 | €20,653 | +€9,793 | +90.2% |
| Other amounts payable | 47/48 | €3,000 | €3,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €304 | +€304 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,377 | €12,258 | +€1,882 | +18.1% |
| Other operating charges | 640/8 | €2,874 | €1,546 | -€1,328 | -46.2% |
| Non-recurring operating charges | 66A | - | €16,921 | +€16,921 | |
| Gross operating margin | 9900 | €62,062 | €93,705 | +€31,643 | +51.0% |
| Operating profit (loss) | 9901 | €48,812 | €62,980 | +€14,167 | +29.0% |
| Financial income | 75/76B | €1 | €1,314 | +€1,313 | +131340.0% |
| Recurring financial income | 75 | €1 | €1,314 | +€1,313 | +131340.0% |
| Financial charges | 65/66B | €4,191 | €7,666 | +€3,475 | +82.9% |
| Recurring financial charges | 65 | €4,191 | €7,666 | +€3,475 | +82.9% |
| Profit (loss) for the period before taxes | 9903 | €44,622 | €56,628 | +€12,006 | +26.9% |
| Income taxes | 67/77 | €9,162 | €11,881 | +€2,719 | +29.7% |
| Profit (loss) for the period | 9904 | €35,460 | €44,747 | +€9,287 | +26.2% |
| Profit (loss) for the period to be appropriated | 9905 | €35,460 | €44,747 | +€9,287 | +26.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.