KIN&KO: 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.
KIN&KO
Largest movements
- Cash +€8,692
up €8,692 (+18.9%), from €45,965 to €54,657
mainly Depreciation (+€26,518) and Other debts (+€21,549)
- Receivables within one year +€5,550
up €5,550 (+116%), from €4,791 to €10,341
of which Other amounts receivable: +€5,550
- Tangible fixed assets +€3,562
up €3,562 (+3.6%), from €100,308 to €103,870
of which Plant, machinery and equipment: +€5,486
- Receivables after one year -€1,943
down €1,943 (-24.0%), from €8,111 to €6,168
- Other debts +€21,549
up €21,549, from €0 to €21,549
- Reserves -€13,000
down €13,000 (-26.0%), from €50,000 to €37,000
- Debts after one year -€9,977
down €9,977 (-16.3%), from €61,259 to €51,281
- Tax, wage and social debts +€6,975
up €6,975 (+596%), from €1,170 to €8,145
of which Taxes: +€6,975
- Trade debts +€4,216
up €4,216 (+590%), from €715 to €4,930
- Financial charges -€47,844
down €47,844 (-93.6%), from €51,109 to €3,266
- Gross operating margin -€16,458
down €16,458 (-24.4%), from €67,349 to €50,892
- Taxes +€5,509
up €5,509 (+769%), from €717 to €6,226
- Depreciation +€5,339
up €5,339 (+25.2%), from €21,179 to €26,518
- Other operating charges -€4,360
down €4,360 (-77.2%), from €5,647 to €1,287
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.
Derived cash bridge
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 | €166,294 | €181,658 | +€15,364 | +9.2% |
| Fixed assets | 21/28 | €102,008 | €105,570 | +€3,562 | +3.5% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €100,308 | €103,870 | +€3,562 | +3.6% |
| Land and buildings | 22 | €16,994 | €16,823 | -€171 | -1.0% |
| Plant, machinery and equipment | 23 | €78,966 | €84,452 | +€5,486 | +6.9% |
| Furniture and vehicles | 24 | €4,348 | €2,595 | -€1,753 | -40.3% |
| Financial fixed assets | 28 | €1,700 | €1,700 | = | 0.0% |
| Current assets | 29/58 | €64,286 | €76,088 | +€11,802 | +18.4% |
| Amounts receivable after more than one year | 29 | €8,111 | €6,168 | -€1,943 | -24.0% |
| Trade receivables | 290 | €8,111 | €6,168 | -€1,943 | -24.0% |
| Amounts receivable within one year | 40/41 | €4,791 | €10,341 | +€5,550 | +116% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €4,791 | €10,341 | +€5,550 | +116% |
| Cash at bank and in hand | 54/58 | €45,965 | €54,657 | +€8,692 | +18.9% |
| Deferred charges and accrued income | 490/1 | €5,419 | €4,921 | -€497 | -9.2% |
| Total equity and liabilities | 10/49 | €166,294 | €181,658 | +€15,364 | +9.2% |
| Equity | 10/15 | €85,131 | €73,534 | -€11,597 | -13.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €50,000 | €37,000 | -€13,000 | -26.0% |
| Distributable reserves | 133 | €50,000 | €37,000 | -€13,000 | -26.0% |
| Profit (loss) carried forward | 14 | €15,131 | €16,534 | +€1,403 | +9.3% |
| Amounts payable | 17/49 | €81,163 | €108,124 | +€26,961 | +33.2% |
| Amounts payable after more than one year | 17 | €61,259 | €51,281 | -€9,977 | -16.3% |
| Financial debts | 170/4 | €61,259 | €51,281 | -€9,977 | -16.3% |
| Amounts payable within one year | 42/48 | €19,904 | €56,678 | +€36,774 | +185% |
| Current portion of amounts payable after more than one year | 42 | €18,019 | €22,054 | +€4,035 | +22.4% |
| Trade debts | 44 | €715 | €4,930 | +€4,216 | +590% |
| Suppliers | 440/4 | €715 | €4,930 | +€4,216 | +590% |
| Taxes, remuneration and social security | 45 | €1,170 | €8,145 | +€6,975 | +596% |
| Taxes | 450/3 | €1,170 | €8,145 | +€6,975 | +596% |
| Remuneration and social security | 454/9 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €0 | €21,549 | +€21,549 | |
| Accrued charges and deferred income | 492/3 | €0 | €164 | +€164 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,179 | €26,518 | +€5,339 | +25.2% |
| Other operating charges | 640/8 | €5,647 | €1,287 | -€4,360 | -77.2% |
| Gross operating margin | 9900 | €67,349 | €50,892 | -€16,458 | -24.4% |
| Operating profit (loss) | 9901 | €40,523 | €23,086 | -€17,437 | -43.0% |
| Financial income | 75/76B | €75 | €308 | +€233 | +311% |
| Recurring financial income | 75 | €75 | €308 | +€233 | +311% |
| Financial charges | 65/66B | €51,109 | €3,266 | -€47,844 | -93.6% |
| Recurring financial charges | 65 | €51,109 | €3,266 | -€47,844 | -93.6% |
| Profit (loss) for the period before taxes | 9903 | -€10,511 | €20,128 | +€30,640 | |
| Income taxes | 67/77 | €717 | €6,226 | +€5,509 | +769% |
| Profit (loss) for the period | 9904 | -€11,228 | €13,903 | +€25,131 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,228 | €13,903 | +€25,131 |
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 19 October 2026 via checked.be.