KINE CANEM: 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 CANEM
Largest movements
- Receivables within one year -€26,199
down €26,199 (-93.1%), from €28,130 to €1,931
- Receivables after one year +€22,639
up €22,639 (+158%), from €14,361 to €37,000
- Tangible fixed assets +€18,890
up €18,890 (+340%), from €5,554 to €24,444
- Cash -€1,405
down €1,405 (-33.8%), from €4,163 to €2,757
mainly Investment in fixed assets (net) (-€24,672) and Receivables after one year (-€22,639)
- Debts after one year +€15,305
new in 2025: €15,305
- Profit (loss) carried forward -€7,760
down €7,760 (-21.3%), from €36,505 to €28,745
- Current portion of long-term debt +€3,323
up €3,323 (+197%), from €1,688 to €5,011
- Tax, wage and social debts +€2,380
up €2,380 (+78.7%), from €3,025 to €5,405
of which Taxes: +€2,380
- Depreciation +€3,132
up €3,132 (+118%), from €2,649 to €5,781
- Taxes -€992
down €992 (-16.4%), from €6,061 to €5,069
- Financial income -€558
down €558 (-40.4%), from €1,381 to €823
- Financial charges +€523
up €523 (+86.3%), from €606 to €1,130
- Other operating charges +€354
up €354 (+24.8%), from €1,425 to €1,779
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 | €52,583 | €66,133 | +€13,550 | +25.8% |
| Fixed assets | 21/28 | €5,554 | €24,444 | +€18,890 | +340% |
| Tangible fixed assets | 22/27 | €5,554 | €24,444 | +€18,890 | +340% |
| Furniture and vehicles | 24 | €5,554 | €24,444 | +€18,890 | +340% |
| Current assets | 29/58 | €47,029 | €41,688 | -€5,341 | -11.4% |
| Amounts receivable after more than one year | 29 | €14,361 | €37,000 | +€22,639 | +158% |
| Other amounts receivable | 291 | €14,361 | €37,000 | +€22,639 | +158% |
| Amounts receivable within one year | 40/41 | €28,130 | €1,931 | -€26,199 | -93.1% |
| Other amounts receivable | 41 | €28,130 | €1,931 | -€26,199 | -93.1% |
| Cash at bank and in hand | 54/58 | €4,163 | €2,757 | -€1,405 | -33.8% |
| Deferred charges and accrued income | 490/1 | €376 | - | -€376 | |
| Total equity and liabilities | 10/49 | €52,583 | €66,133 | +€13,550 | +25.8% |
| Equity | 10/15 | €44,965 | €37,205 | -€7,760 | -17.3% |
| Contributions | 10/11 | €6,600 | €6,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €36,505 | €28,745 | -€7,760 | -21.3% |
| Amounts payable | 17/49 | €7,618 | €28,927 | +€21,310 | +280% |
| Amounts payable after more than one year | 17 | - | €15,305 | +€15,305 | |
| Financial debts | 170/4 | - | €15,305 | +€15,305 | |
| Amounts payable within one year | 42/48 | €7,618 | €13,622 | +€6,004 | +78.8% |
| Current portion of amounts payable after more than one year | 42 | €1,688 | €5,011 | +€3,323 | +197% |
| Trade debts | 44 | €705 | €580 | -€125 | -17.7% |
| Suppliers | 440/4 | €705 | €580 | -€125 | -17.7% |
| Taxes, remuneration and social security | 45 | €3,025 | €5,405 | +€2,380 | +78.7% |
| Taxes | 450/3 | €1,225 | €3,605 | +€2,380 | +194% |
| Remuneration and social security | 454/9 | €1,800 | €1,800 | = | 0.0% |
| Other amounts payable | 47/48 | €2,200 | €2,626 | +€426 | +19.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,649 | €5,781 | +€3,132 | +118% |
| Other operating charges | 640/8 | €1,425 | €1,779 | +€354 | +24.8% |
| Gross operating margin | 9900 | €24,914 | €25,175 | +€261 | +1.0% |
| Operating profit (loss) | 9901 | €20,840 | €17,616 | -€3,224 | -15.5% |
| Financial income | 75/76B | €1,381 | €823 | -€558 | -40.4% |
| Recurring financial income | 75 | €1,381 | €823 | -€558 | -40.4% |
| Financial charges | 65/66B | €606 | €1,130 | +€523 | +86.3% |
| Recurring financial charges | 65 | €606 | €1,130 | +€523 | +86.3% |
| Profit (loss) for the period before taxes | 9903 | €21,614 | €17,309 | -€4,306 | -19.9% |
| Income taxes | 67/77 | €6,061 | €5,069 | -€992 | -16.4% |
| Profit (loss) for the period | 9904 | €15,554 | €12,240 | -€3,314 | -21.3% |
| Profit (loss) for the period to be appropriated | 9905 | €15,554 | €12,240 | -€3,314 | -21.3% |
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.