Kine Balance: 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 Balance
Largest movements
- Receivables within one year +€10,581
up €10,581 (+4.9%), from €216,686 to €227,267
of which Other amounts receivable: +€10,572
- Cash -€8,375
down €8,375 (-93.1%), from €8,996 to €621
mainly Receivables within one year (-€10,581) and Tax, wage and social debts (-€60)
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin -€8,479
down €8,479, from €2,248 to -€6,231
- Financial income -€702
down €702 (-6.4%), from €11,039 to €10,336
- Other operating charges -€85
down €85 (-5.8%), from €1,459 to €1,374
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 | €229,455 | €229,798 | +€343 | +0.1% |
| Fixed assets | 21/28 | €3,774 | €1,910 | -€1,864 | -49.4% |
| Tangible fixed assets | 22/27 | €3,774 | €1,910 | -€1,864 | -49.4% |
| Land and buildings | 22 | €2,770 | €1,353 | -€1,417 | -51.1% |
| Furniture and vehicles | 24 | €1,003 | €556 | -€447 | -44.6% |
| Current assets | 29/58 | €225,682 | €227,888 | +€2,207 | +1.0% |
| Amounts receivable within one year | 40/41 | €216,686 | €227,267 | +€10,581 | +4.9% |
| Trade receivables | 40 | €31,408 | €31,418 | +€10 | 0.0% |
| Other amounts receivable | 41 | €185,278 | €195,849 | +€10,572 | +5.7% |
| Cash at bank and in hand | 54/58 | €8,996 | €621 | -€8,375 | -93.1% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €229,455 | €229,798 | +€343 | +0.1% |
| Equity | 10/15 | €229,133 | €229,535 | +€402 | +0.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €216,733 | €217,135 | +€402 | +0.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €214,873 | €215,275 | +€402 | +0.2% |
| Amounts payable | 17/49 | €322 | €263 | -€60 | -18.5% |
| Amounts payable within one year | 42/48 | €322 | €263 | -€60 | -18.5% |
| Taxes, remuneration and social security | 45 | €322 | €263 | -€60 | -18.5% |
| Taxes | 450/3 | €322 | €263 | -€60 | -18.5% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €5,000 | €1,720 | -€3,280 | -65.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,864 | €1,864 | -€0 | 0.0% |
| Other operating charges | 640/8 | €1,459 | €1,374 | -€85 | -5.8% |
| Gross operating margin | 9900 | €2,248 | -€6,231 | -€8,479 | |
| Operating profit (loss) | 9901 | -€1,075 | -€9,469 | -€8,394 | -781% |
| Financial income | 75/76B | €11,039 | €10,336 | -€702 | -6.4% |
| Recurring financial income | 75 | €11,039 | €10,336 | -€702 | -6.4% |
| Financial charges | 65/66B | €195 | €200 | +€5 | +2.4% |
| Recurring financial charges | 65 | €195 | €200 | +€5 | +2.4% |
| Profit (loss) for the period before taxes | 9903 | €9,769 | €668 | -€9,101 | -93.2% |
| Income taxes | 67/77 | €322 | €266 | -€57 | -17.6% |
| Profit (loss) for the period | 9904 | €9,446 | €402 | -€9,044 | -95.7% |
| Profit (loss) for the period to be appropriated | 9905 | €9,446 | €402 | -€9,044 | -95.7% |
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 25 October 2026 via checked.be.