KINE COLDWELL: 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 COLDWELL
Largest movements
- Receivables within one year +€13,366
up €13,366 (+93.6%), from €14,275 to €27,641
of which Other amounts receivable: +€10,528
- Cash +€9,514
up €9,514 (+83.8%), from €11,349 to €20,863
mainly Net result for the year (+€21,663) and Depreciation (+€6,846)
- Tangible fixed assets -€6,846
down €6,846 (-7.8%), from €88,122 to €81,277
of which Other tangible fixed assets: -€4,296
- Profit (loss) carried forward +€11,076
up €11,076, from -€11,076 to €0
- Reserves +€10,587
up €10,587 (+108%), from €9,770 to €20,358
- Trade debts +€6,042
up €6,042 (+43.3%), from €13,942 to €19,985
- Tax, wage and social debts -€5,346
down €5,346 (-69.8%), from €7,663 to €2,317
of which Taxes: -€5,814
- Debts after one year -€3,607
down €3,607 (-11.0%), from €32,933 to €29,326
- Gross operating margin +€37,833
up €37,833 (+49,984%), from €76 to €37,909
- Taxes +€5,672
new in 2025: €5,672
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 | €115,308 | €131,026 | +€15,718 | +13.6% |
| Fixed assets | 21/28 | €88,122 | €81,277 | -€6,846 | -7.8% |
| Tangible fixed assets | 22/27 | €88,122 | €81,277 | -€6,846 | -7.8% |
| Plant, machinery and equipment | 23 | €7,847 | €5,699 | -€2,148 | -27.4% |
| Furniture and vehicles | 24 | €703 | €301 | -€402 | -57.1% |
| Other tangible fixed assets | 26 | €79,573 | €75,277 | -€4,296 | -5.4% |
| Current assets | 29/58 | €27,186 | €49,749 | +€22,563 | +83.0% |
| Amounts receivable within one year | 40/41 | €14,275 | €27,641 | +€13,366 | +93.6% |
| Trade receivables | 40 | €14,275 | €17,113 | +€2,838 | +19.9% |
| Other amounts receivable | 41 | - | €10,528 | +€10,528 | |
| Cash at bank and in hand | 54/58 | €11,349 | €20,863 | +€9,514 | +83.8% |
| Deferred charges and accrued income | 490/1 | €1,562 | €1,245 | -€317 | -20.3% |
| Total equity and liabilities | 10/49 | €115,308 | €131,026 | +€15,718 | +13.6% |
| Equity | 10/15 | €1,694 | €23,358 | +€21,663 | +1,278% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €9,770 | €20,358 | +€10,587 | +108% |
| Distributable reserves | 133 | €9,770 | €20,358 | +€10,587 | +108% |
| Profit (loss) carried forward | 14 | -€11,076 | €0 | +€11,076 | |
| Amounts payable | 17/49 | €113,613 | €107,668 | -€5,946 | -5.2% |
| Amounts payable after more than one year | 17 | €32,933 | €29,326 | -€3,607 | -11.0% |
| Financial debts | 170/4 | €32,933 | €29,326 | -€3,607 | -11.0% |
| Amounts payable within one year | 42/48 | €79,842 | €78,342 | -€1,500 | -1.9% |
| Current portion of amounts payable after more than one year | 42 | €3,466 | €3,607 | +€142 | +4.1% |
| Trade debts | 44 | €13,942 | €19,985 | +€6,042 | +43.3% |
| Suppliers | 440/4 | €13,942 | €19,985 | +€6,042 | +43.3% |
| Taxes, remuneration and social security | 45 | €7,663 | €2,317 | -€5,346 | -69.8% |
| Taxes | 450/3 | €6,187 | €374 | -€5,814 | -94.0% |
| Remuneration and social security | 454/9 | €1,476 | €1,943 | +€467 | +31.7% |
| Other amounts payable | 47/48 | €54,771 | €52,434 | -€2,338 | -4.3% |
| Accrued charges and deferred income | 492/3 | €838 | €0 | -€838 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,130 | €6,846 | -€285 | -4.0% |
| Other operating charges | 640/8 | €2,078 | €1,910 | -€167 | -8.0% |
| Gross operating margin | 9900 | €76 | €37,909 | +€37,833 | +49,984% |
| Operating profit (loss) | 9901 | -€9,132 | €29,153 | +€38,285 | |
| Financial income | 75/76B | €0 | €33 | +€33 | +166,150% |
| Recurring financial income | 75 | €0 | €33 | +€33 | +166,150% |
| Financial charges | 65/66B | €1,944 | €1,851 | -€93 | -4.8% |
| Recurring financial charges | 65 | €1,944 | €1,851 | -€93 | -4.8% |
| Profit (loss) for the period before taxes | 9903 | -€11,076 | €27,335 | +€38,411 | |
| Income taxes | 67/77 | - | €5,672 | +€5,672 | |
| Profit (loss) for the period | 9904 | -€11,076 | €21,663 | +€32,739 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,076 | €21,663 | +€32,739 |
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 21 October 2026 via checked.be.