Kin'EM: 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'EM
Largest movements
- Cash -€5,056
down €5,056 (-51.3%), from €9,852 to €4,797
mainly Contributions, distributions and other (-€10,714) and Investment in fixed assets (net) (-€3,950)
- Tangible fixed assets +€1,441
up €1,441 (+19.4%), from €7,413 to €8,854
of which Furniture and vehicles: +€1,461
- Receivables within one year -€1,180
down €1,180 (-1.5%), from €78,321 to €77,140
of which Other amounts receivable: -€1,180
- Reserves -€5,000
down €5,000 (-8.3%), from €60,000 to €55,000
- Gross operating margin -€4,820
down €4,820 (-24.7%), from €19,530 to €14,711
- Taxes -€2,499
down €2,499 (-59.6%), from €4,191 to €1,693
- Financial charges +€613
up €613 (+24.5%), from €2,502 to €3,115
- Other operating charges -€378
down €378 (-19.4%), from €1,948 to €1,570
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 | €95,586 | €90,791 | -€4,795 | -5.0% |
| Fixed assets | 21/28 | €7,413 | €8,854 | +€1,441 | +19.4% |
| Tangible fixed assets | 22/27 | €7,413 | €8,854 | +€1,441 | +19.4% |
| Plant, machinery and equipment | 23 | €1,639 | €2,014 | +€375 | +22.9% |
| Furniture and vehicles | 24 | - | €1,461 | +€1,461 | |
| Other tangible fixed assets | 26 | €5,774 | €5,380 | -€395 | -6.8% |
| Current assets | 29/58 | €88,173 | €81,937 | -€6,236 | -7.1% |
| Amounts receivable within one year | 40/41 | €78,321 | €77,140 | -€1,180 | -1.5% |
| Trade receivables | 40 | €74,645 | €74,645 | = | 0.0% |
| Other amounts receivable | 41 | €3,675 | €2,495 | -€1,180 | -32.1% |
| Cash at bank and in hand | 54/58 | €9,852 | €4,797 | -€5,056 | -51.3% |
| Total equity and liabilities | 10/49 | €95,586 | €90,791 | -€4,795 | -5.0% |
| Equity | 10/15 | €80,731 | €75,839 | -€4,891 | -6.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €60,000 | €55,000 | -€5,000 | -8.3% |
| Distributable reserves | 133 | €60,000 | €55,000 | -€5,000 | -8.3% |
| Profit (loss) carried forward | 14 | €731 | €839 | +€109 | +14.9% |
| Amounts payable | 17/49 | €14,856 | €14,952 | +€96 | +0.6% |
| Amounts payable within one year | 42/48 | €14,856 | €14,952 | +€96 | +0.6% |
| Financial debts | 43 | €2,250 | €3,000 | +€750 | +33.3% |
| Credit institutions | 430/8 | €2,250 | €3,000 | +€750 | +33.3% |
| Taxes, remuneration and social security | 45 | €1,891 | €1,237 | -€654 | -34.6% |
| Taxes | 450/3 | €1,891 | €1,237 | -€654 | -34.6% |
| Other amounts payable | 47/48 | €10,714 | €10,714 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,702 | €2,509 | -€193 | -7.1% |
| Other operating charges | 640/8 | €1,948 | €1,570 | -€378 | -19.4% |
| Gross operating margin | 9900 | €19,530 | €14,711 | -€4,820 | -24.7% |
| Operating profit (loss) | 9901 | €14,880 | €10,631 | -€4,249 | -28.6% |
| Financial charges | 65/66B | €2,502 | €3,115 | +€613 | +24.5% |
| Recurring financial charges | 65 | €2,502 | €3,115 | +€613 | +24.5% |
| Profit (loss) for the period before taxes | 9903 | €12,378 | €7,516 | -€4,862 | -39.3% |
| Income taxes | 67/77 | €4,191 | €1,693 | -€2,499 | -59.6% |
| Profit (loss) for the period | 9904 | €8,186 | €5,823 | -€2,363 | -28.9% |
| Profit (loss) for the period to be appropriated | 9905 | €8,186 | €5,823 | -€2,363 | -28.9% |
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.