KINE ADAMS: 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.
KINE ADAMS
Largest movements
- Cash +€9,856
up €9,856 (+86.5%), from €11,397 to €21,253
mainly Net result for the year (+€13,686) and Accrued charges and deferred income (+€2,644)
- Deferred charges and accrued income +€5,942
up €5,942 (+74.1%), from €8,023 to €13,965
- Receivables within one year -€1,061
down €1,061 (-25.1%), from €4,228 to €3,167
- Tangible fixed assets -€833
down €833 (-40.5%), from €2,057 to €1,224
- Reserves +€13,686
up €13,686 (+80.5%), from €17,011 to €30,697
- Accrued charges and deferred income +€2,644
new in 2025: €2,644
- Trade debts -€1,641
down €1,641 (-65.5%), from €2,504 to €863
- Tax, wage and social debts -€786
down €786 (-12.9%), from €6,091 to €5,305
- Gross operating margin -€3,496
down €3,496 (-14.6%), from €23,884 to €20,388
- Taxes -€834
down €834 (-13.7%), from €6,091 to €5,257
- Financial charges +€462
up €462 (+7,110%), from €7 to €469
- Depreciation +€391
up €391 (+88.2%), from €443 to €833
- Other operating charges -€267
down €267 (-47.7%), from €561 to €294
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 | €25,706 | €39,609 | +€13,904 | +54.1% |
| Fixed assets | 21/28 | €2,057 | €1,224 | -€833 | -40.5% |
| Tangible fixed assets | 22/27 | €2,057 | €1,224 | -€833 | -40.5% |
| Furniture and vehicles | 24 | €2,057 | €1,224 | -€833 | -40.5% |
| Current assets | 29/58 | €23,648 | €38,385 | +€14,737 | +62.3% |
| Amounts receivable within one year | 40/41 | €4,228 | €3,167 | -€1,061 | -25.1% |
| Other amounts receivable | 41 | €4,228 | €3,167 | -€1,061 | -25.1% |
| Cash at bank and in hand | 54/58 | €11,397 | €21,253 | +€9,856 | +86.5% |
| Deferred charges and accrued income | 490/1 | €8,023 | €13,965 | +€5,942 | +74.1% |
| Total equity and liabilities | 10/49 | €25,706 | €39,609 | +€13,904 | +54.1% |
| Equity | 10/15 | €17,111 | €30,797 | +€13,686 | +80.0% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €17,011 | €30,697 | +€13,686 | +80.5% |
| Distributable reserves | 133 | €17,011 | €30,697 | +€13,686 | +80.5% |
| Amounts payable | 17/49 | €8,595 | €8,812 | +€217 | +2.5% |
| Amounts payable within one year | 42/48 | €8,595 | €6,168 | -€2,427 | -28.2% |
| Trade debts | 44 | €2,504 | €863 | -€1,641 | -65.5% |
| Suppliers | 440/4 | €2,504 | €863 | -€1,641 | -65.5% |
| Taxes, remuneration and social security | 45 | €6,091 | €5,305 | -€786 | -12.9% |
| Taxes | 450/3 | €6,091 | €5,305 | -€786 | -12.9% |
| Accrued charges and deferred income | 492/3 | - | €2,644 | +€2,644 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €443 | €833 | +€391 | +88.2% |
| Other operating charges | 640/8 | €561 | €294 | -€267 | -47.7% |
| Gross operating margin | 9900 | €23,884 | €20,388 | -€3,496 | -14.6% |
| Operating profit (loss) | 9901 | €22,880 | €19,261 | -€3,619 | -15.8% |
| Financial income | 75/76B | €228 | €151 | -€78 | -34.0% |
| Recurring financial income | 75 | €228 | €151 | -€78 | -34.0% |
| Financial charges | 65/66B | €7 | €469 | +€462 | +7,110% |
| Recurring financial charges | 65 | €7 | €469 | +€462 | +7,110% |
| Profit (loss) for the period before taxes | 9903 | €23,102 | €18,943 | -€4,159 | -18.0% |
| Income taxes | 67/77 | €6,091 | €5,257 | -€834 | -13.7% |
| Profit (loss) for the period | 9904 | €17,011 | €13,686 | -€3,324 | -19.5% |
| Profit (loss) for the period to be appropriated | 9905 | €17,011 | €13,686 | -€3,324 | -19.5% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.