KIN & MAIN: 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 & MAIN
Largest movements
- Tangible fixed assets -€12,700
down €12,700 (-24.8%), from €51,285 to €38,585
of which Furniture and vehicles: -€7,539
- Cash +€8,388
up €8,388 (+48.0%), from €17,461 to €25,849
mainly Depreciation (+€14,939) and Receivables within one year (+€7,266)
- Receivables within one year -€7,266
down €7,266 (-35.2%), from €20,650 to €13,384
of which Other amounts receivable: -€8,789
- Debts after one year -€19,277
down €19,277 (-36.7%), from €52,536 to €33,259
- Reserves +€6,100
up €6,100 (+18.2%), from €33,581 to €39,681
- Gross operating margin -€4,176
down €4,176 (-14.0%), from €29,849 to €25,673
- Taxes +€1,295
up €1,295 (+89.7%), from €1,445 to €2,740
- Depreciation -€338
down €338 (-2.2%), from €15,277 to €14,939
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 | €96,658 | €85,020 | -€11,639 | -12.0% |
| Fixed assets | 21/28 | €52,493 | €39,793 | -€12,700 | -24.2% |
| Tangible fixed assets | 22/27 | €51,285 | €38,585 | -€12,700 | -24.8% |
| Plant, machinery and equipment | 23 | €3,399 | €1,711 | -€1,688 | -49.7% |
| Furniture and vehicles | 24 | €22,967 | €15,428 | -€7,539 | -32.8% |
| Other tangible fixed assets | 26 | €24,919 | €21,446 | -€3,473 | -13.9% |
| Financial fixed assets | 28 | €1,208 | €1,208 | = | 0.0% |
| Current assets | 29/58 | €44,165 | €45,227 | +€1,062 | +2.4% |
| Amounts receivable within one year | 40/41 | €20,650 | €13,384 | -€7,266 | -35.2% |
| Trade receivables | 40 | €11,545 | €13,067 | +€1,523 | +13.2% |
| Other amounts receivable | 41 | €9,106 | €317 | -€8,789 | -96.5% |
| Cash at bank and in hand | 54/58 | €17,461 | €25,849 | +€8,388 | +48.0% |
| Deferred charges and accrued income | 490/1 | €6,055 | €5,994 | -€60 | -1.0% |
| Total equity and liabilities | 10/49 | €96,658 | €85,020 | -€11,639 | -12.0% |
| Equity | 10/15 | €26,466 | €32,638 | +€6,171 | +23.3% |
| Contributions | 10/11 | €12,600 | €12,600 | = | 0.0% |
| Reserves | 13 | €33,581 | €39,681 | +€6,100 | +18.2% |
| Distributable reserves | 133 | €33,581 | €39,681 | +€6,100 | +18.2% |
| Profit (loss) carried forward | 14 | -€19,715 | -€19,643 | +€71 | +0.4% |
| Amounts payable | 17/49 | €70,192 | €52,382 | -€17,810 | -25.4% |
| Amounts payable after more than one year | 17 | €52,536 | €33,259 | -€19,277 | -36.7% |
| Financial debts | 170/4 | €52,536 | €33,259 | -€19,277 | -36.7% |
| Amounts payable within one year | 42/48 | €17,656 | €19,123 | +€1,467 | +8.3% |
| Current portion of amounts payable after more than one year | 42 | €8,199 | €8,277 | +€78 | +1.0% |
| Trade debts | 44 | €3,692 | €4,421 | +€729 | +19.7% |
| Suppliers | 440/4 | €3,692 | €4,421 | +€729 | +19.7% |
| Taxes, remuneration and social security | 45 | €270 | €270 | = | 0.0% |
| Taxes | 450/3 | €270 | €270 | = | 0.0% |
| Other amounts payable | 47/48 | €5,495 | €6,155 | +€660 | +12.0% |
| Non-recurring operating income | 76A | €2,500 | - | -€2,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,277 | €14,939 | -€338 | -2.2% |
| Other operating charges | 640/8 | €915 | €819 | -€96 | -10.5% |
| Gross operating margin | 9900 | €29,849 | €25,673 | -€4,176 | -14.0% |
| Operating profit (loss) | 9901 | €13,657 | €9,915 | -€3,741 | -27.4% |
| Financial income | 75/76B | €132 | €188 | +€56 | +42.4% |
| Recurring financial income | 75 | €132 | €188 | +€56 | +42.4% |
| Financial charges | 65/66B | €1,240 | €1,193 | -€47 | -3.8% |
| Recurring financial charges | 65 | €1,240 | €1,193 | -€47 | -3.8% |
| Profit (loss) for the period before taxes | 9903 | €12,550 | €8,911 | -€3,638 | -29.0% |
| Income taxes | 67/77 | €1,445 | €2,740 | +€1,295 | +89.7% |
| Profit (loss) for the period | 9904 | €11,105 | €6,171 | -€4,934 | -44.4% |
| Profit (loss) for the period to be appropriated | 9905 | €11,105 | €6,171 | -€4,934 | -44.4% |
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 4 October 2026 via checked.be.