Kine Consult: 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 Consult
Largest movements
- Deferred charges and accrued income +€39,783
up €39,783 (+764%), from €5,204 to €44,988
- Tangible fixed assets -€14,311
down €14,311 (-6.7%), from €212,302 to €197,991
of which Land and buildings: -€26,547
- Cash +€13,832
up €13,832 (+17.4%), from €79,708 to €93,540
mainly Accrued charges and deferred income (+€40,817) and Depreciation (+€33,728)
- Accrued charges and deferred income +€40,817
up €40,817 (+48.0%), from €85,004 to €125,821
- Reserves +€16,777
up €16,777 (+24.9%), from €67,492 to €84,269
of which Distributable reserves: +€16,777
- Debts after one year -€14,808
down €14,808 (-55.4%), from €26,740 to €11,931
- Other debts -€6,683
down €6,683 (-31.2%), from €21,422 to €14,740
- Tax, wage and social debts +€3,714
up €3,714 (+196%), from €1,899 to €5,613
- Gross operating margin +€17,675
up €17,675 (+29.2%), from €60,434 to €78,109
- Taxes +€3,670
up €3,670 (+64.7%), from €5,676 to €9,346
- Other operating charges +€2,425
up €2,425 (+22.3%), from €10,851 to €13,276
- Depreciation +€2,390
up €2,390 (+7.6%), from €31,337 to €33,728
- Financial income -€1,675
down €1,675 (-87.4%), from €1,915 to €241
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 | €304,769 | €346,381 | +€41,611 | +13.7% |
| Fixed assets | 21/28 | €212,352 | €198,041 | -€14,311 | -6.7% |
| Tangible fixed assets | 22/27 | €212,302 | €197,991 | -€14,311 | -6.7% |
| Land and buildings | 22 | €199,778 | €173,232 | -€26,547 | -13.3% |
| Plant, machinery and equipment | 23 | €12,524 | €22,818 | +€10,294 | +82.2% |
| Furniture and vehicles | 24 | €0 | €1,942 | +€1,942 | |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €92,417 | €148,339 | +€55,922 | +60.5% |
| Amounts receivable within one year | 40/41 | €7,505 | €9,811 | +€2,306 | +30.7% |
| Trade receivables | 40 | €4,939 | €7,516 | +€2,577 | +52.2% |
| Other amounts receivable | 41 | €2,566 | €2,295 | -€271 | -10.6% |
| Cash at bank and in hand | 54/58 | €79,708 | €93,540 | +€13,832 | +17.4% |
| Deferred charges and accrued income | 490/1 | €5,204 | €44,988 | +€39,783 | +764% |
| Total equity and liabilities | 10/49 | €304,769 | €346,381 | +€41,611 | +13.7% |
| Equity | 10/15 | €151,510 | €168,287 | +€16,777 | +11.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €67,492 | €84,269 | +€16,777 | +24.9% |
| Tax-exempt reserves | 132 | €16,313 | €16,313 | = | 0.0% |
| Distributable reserves | 133 | €51,179 | €67,956 | +€16,777 | +32.8% |
| Profit (loss) carried forward | 14 | €71,618 | €71,618 | = | 0.0% |
| Amounts payable | 17/49 | €153,259 | €178,093 | +€24,834 | +16.2% |
| Amounts payable after more than one year | 17 | €26,740 | €11,931 | -€14,808 | -55.4% |
| Financial debts | 170/4 | €26,740 | €11,931 | -€14,808 | -55.4% |
| Amounts payable within one year | 42/48 | €41,516 | €40,341 | -€1,174 | -2.8% |
| Current portion of amounts payable after more than one year | 42 | €17,555 | €16,729 | -€826 | -4.7% |
| Trade debts | 44 | €640 | €3,260 | +€2,620 | +410% |
| Suppliers | 440/4 | €640 | €3,260 | +€2,620 | +410% |
| Taxes, remuneration and social security | 45 | €1,899 | €5,613 | +€3,714 | +196% |
| Taxes | 450/3 | €1,899 | €5,613 | +€3,714 | +196% |
| Other amounts payable | 47/48 | €21,422 | €14,740 | -€6,683 | -31.2% |
| Accrued charges and deferred income | 492/3 | €85,004 | €125,821 | +€40,817 | +48.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,337 | €33,728 | +€2,390 | +7.6% |
| Other operating charges | 640/8 | €10,851 | €13,276 | +€2,425 | +22.3% |
| Non-recurring operating charges | 66A | - | €200 | +€200 | |
| Gross operating margin | 9900 | €60,434 | €78,109 | +€17,675 | +29.2% |
| Operating profit (loss) | 9901 | €18,246 | €30,906 | +€12,660 | +69.4% |
| Financial income | 75/76B | €1,915 | €241 | -€1,675 | -87.4% |
| Recurring financial income | 75 | €1,915 | €241 | -€1,675 | -87.4% |
| Financial charges | 65/66B | €4,029 | €3,303 | -€725 | -18.0% |
| Recurring financial charges | 65 | €4,029 | €3,303 | -€725 | -18.0% |
| Profit (loss) for the period before taxes | 9903 | €16,132 | €27,843 | +€11,711 | +72.6% |
| Income taxes | 67/77 | €5,676 | €9,346 | +€3,670 | +64.7% |
| Profit (loss) for the period | 9904 | €10,457 | €18,497 | +€8,040 | +76.9% |
| Profit (loss) for the period to be appropriated | 9905 | €10,457 | €18,497 | +€8,040 | +76.9% |
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 23 October 2026 via checked.be.