Kin&Cure: 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.
Kin&Cure
Largest movements
- Tangible fixed assets +€854,888
up €854,888 (+205.9%), from €415,122 to €1.3m
of which Land and buildings: +€782,014
- Receivables within one year -€63,126
down €63,126 (-83.3%), from €75,741 to €12,615
of which Trade receivables: -€69,662
- Debts after one year +€801,385
up €801,385 (+327.9%), from €244,364 to €1.0m
- Current portion of long-term debt +€55,915
new in 2025: €55,915
- Trade debts -€54,318
down €54,318 (-74.0%), from €73,382 to €19,064
- Profit (loss) carried forward -€44,230
down €44,230 (-124.7%), from -€35,482 to -€79,711
- Other debts +€31,543
up €31,543 (+15.0%), from €210,084 to €241,628
- Financial charges +€16,890
up €16,890 (+197.2%), from €8,566 to €25,457
- Gross operating margin +€11,968
up €11,968, from -€5,295 to €6,673
- Depreciation +€3,711
up €3,711 (+18.0%), from €20,593 to €24,303
- Other operating charges +€115
up €115 (+11.2%), from €1,027 to €1,142
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 | €497,149 | €1,288,852 | +€791,703 | +159.2% |
| Fixed assets | 21/28 | €415,122 | €1,270,009 | +€854,888 | +205.9% |
| Tangible fixed assets | 22/27 | €415,122 | €1,270,009 | +€854,888 | +205.9% |
| Land and buildings | 22 | €404,666 | €1,186,679 | +€782,014 | +193.2% |
| Plant, machinery and equipment | 23 | €10,456 | €81,796 | +€71,340 | +682.3% |
| Furniture and vehicles | 24 | - | €1,534 | +€1,534 | |
| Current assets | 29/58 | €82,028 | €18,843 | -€63,184 | -77.0% |
| Amounts receivable within one year | 40/41 | €75,741 | €12,615 | -€63,126 | -83.3% |
| Trade receivables | 40 | €71,262 | €1,600 | -€69,662 | -97.8% |
| Other amounts receivable | 41 | €4,479 | €11,015 | +€6,536 | +145.9% |
| Cash at bank and in hand | 54/58 | €6,287 | €6,213 | -€74 | -1.2% |
| Deferred charges and accrued income | 490/1 | - | €16 | +€16 | |
| Total equity and liabilities | 10/49 | €497,149 | €1,288,852 | +€791,703 | +159.2% |
| Equity | 10/15 | -€30,682 | -€74,911 | -€44,230 | -144.2% |
| Contributions | 10/11 | €4,800 | €4,800 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€35,482 | -€79,711 | -€44,230 | -124.7% |
| Amounts payable | 17/49 | €527,831 | €1,363,764 | +€835,933 | +158.4% |
| Amounts payable after more than one year | 17 | €244,364 | €1,045,749 | +€801,385 | +327.9% |
| Financial debts | 170/4 | €244,364 | €1,045,749 | +€801,385 | +327.9% |
| Amounts payable within one year | 42/48 | €283,466 | €316,607 | +€33,141 | +11.7% |
| Current portion of amounts payable after more than one year | 42 | - | €55,915 | +€55,915 | |
| Trade debts | 44 | €73,382 | €19,064 | -€54,318 | -74.0% |
| Suppliers | 440/4 | €73,382 | €19,064 | -€54,318 | -74.0% |
| Other amounts payable | 47/48 | €210,084 | €241,628 | +€31,543 | +15.0% |
| Accrued charges and deferred income | 492/3 | - | €1,408 | +€1,408 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,593 | €24,303 | +€3,711 | +18.0% |
| Other operating charges | 640/8 | €1,027 | €1,142 | +€115 | +11.2% |
| Gross operating margin | 9900 | -€5,295 | €6,673 | +€11,968 | |
| Operating profit (loss) | 9901 | -€26,915 | -€18,773 | +€8,142 | +30.3% |
| Financial charges | 65/66B | €8,566 | €25,457 | +€16,890 | +197.2% |
| Recurring financial charges | 65 | €8,566 | €25,457 | +€16,890 | +197.2% |
| Profit (loss) for the period before taxes | 9903 | -€35,482 | -€44,230 | -€8,748 | -24.7% |
| Profit (loss) for the period | 9904 | -€35,482 | -€44,230 | -€8,748 | -24.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€35,482 | -€44,230 | -€8,748 | -24.7% |
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.