KIN PV: 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 PV
Largest movements
- Receivables within one year +€28,290
up €28,290 (+1,103%), from €2,565 to €30,855
of which Other amounts receivable: +€29,855
- Tangible fixed assets -€6,607
down €6,607 (-18.8%), from €35,187 to €28,580
of which Furniture and vehicles: -€5,378
- Cash +€3,477
up €3,477 (+21.2%), from €16,389 to €19,866
mainly Net result for the year (+€28,235) and Depreciation (+€10,535)
- Profit (loss) carried forward +€28,235
up €28,235 (+66.8%), from €42,283 to €70,518
- Debts after one year -€3,416
down €3,416 (-62.0%), from €5,510 to €2,094
- Gross operating margin -€17,744
down €17,744 (-26.8%), from €66,194 to €48,450
- Taxes -€3,044
down €3,044 (-28.5%), from €10,697 to €7,653
- Other operating charges -€1,457
down €1,457 (-58.6%), from €2,488 to €1,031
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 | €63,695 | €88,039 | +€24,344 | +38.2% |
| Fixed assets | 21/28 | €35,187 | €28,580 | -€6,607 | -18.8% |
| Tangible fixed assets | 22/27 | €35,187 | €28,580 | -€6,607 | -18.8% |
| Plant, machinery and equipment | 23 | €4,736 | €3,507 | -€1,229 | -25.9% |
| Furniture and vehicles | 24 | €30,451 | €25,072 | -€5,378 | -17.7% |
| Current assets | 29/58 | €28,508 | €59,460 | +€30,951 | +109% |
| Stocks and contracts in progress | 3 | €9,555 | €8,738 | -€816 | -8.5% |
| Contracts in progress | 37 | €9,555 | €8,738 | -€816 | -8.5% |
| Amounts receivable within one year | 40/41 | €2,565 | €30,855 | +€28,290 | +1,103% |
| Trade receivables | 40 | €2,565 | €1,000 | -€1,565 | -61.0% |
| Other amounts receivable | 41 | - | €29,855 | +€29,855 | |
| Cash at bank and in hand | 54/58 | €16,389 | €19,866 | +€3,477 | +21.2% |
| Total equity and liabilities | 10/49 | €63,695 | €88,039 | +€24,344 | +38.2% |
| Equity | 10/15 | €46,283 | €74,518 | +€28,235 | +61.0% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €42,283 | €70,518 | +€28,235 | +66.8% |
| Amounts payable | 17/49 | €17,412 | €13,521 | -€3,891 | -22.3% |
| Amounts payable after more than one year | 17 | €5,510 | €2,094 | -€3,416 | -62.0% |
| Financial debts | 170/4 | €5,510 | €2,094 | -€3,416 | -62.0% |
| Amounts payable within one year | 42/48 | €11,902 | €11,427 | -€475 | -4.0% |
| Current portion of amounts payable after more than one year | 42 | €11,002 | €10,469 | -€533 | -4.8% |
| Trade debts | 44 | - | €58 | +€58 | |
| Suppliers | 440/4 | - | €58 | +€58 | |
| Taxes, remuneration and social security | 45 | €900 | €900 | = | 0.0% |
| Taxes | 450/3 | - | €900 | +€900 | |
| Remuneration and social security | 454/9 | €900 | - | -€900 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,072 | €10,535 | +€463 | +4.6% |
| Other operating charges | 640/8 | €2,488 | €1,031 | -€1,457 | -58.6% |
| Gross operating margin | 9900 | €66,194 | €48,450 | -€17,744 | -26.8% |
| Operating profit (loss) | 9901 | €53,634 | €36,884 | -€16,751 | -31.2% |
| Financial income | 75/76B | €6 | - | -€6 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Non-recurring financial income | 76B | €6 | - | -€6 | |
| Financial charges | 65/66B | €660 | €996 | +€336 | +50.9% |
| Recurring financial charges | 65 | €660 | €996 | +€336 | +50.9% |
| Profit (loss) for the period before taxes | 9903 | €52,980 | €35,888 | -€17,093 | -32.3% |
| Income taxes | 67/77 | €10,697 | €7,653 | -€3,044 | -28.5% |
| Profit (loss) for the period | 9904 | €42,283 | €28,235 | -€14,048 | -33.2% |
| Profit (loss) for the period to be appropriated | 9905 | €42,283 | €28,235 | -€14,048 | -33.2% |
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 14 October 2026 via checked.be.