Kiné Danneels: what changed
Kiné Danneels
Largest movements
- Current investments +€60,000
new in 2025: €60,000
- Receivables within one year -€25,000
down €25,000 (-100%), from €25,000 to €0
- Cash -€19,184
down €19,184 (-20.3%), from €94,641 to €75,457
mainly Contributions, distributions and other (-€108,000) and Current investments (-€60,000)
- Other debts +€70,012
new in 2025: €70,012
- Reserves -€66,000
down €66,000 (-61.1%), from €108,000 to €42,000
- Tax, wage and social debts +€11,513
up €11,513 (+129%), from €8,896 to €20,409
of which Taxes: +€11,846
- Gross operating margin +€3,365
up €3,365 (+6.4%), from €52,947 to €56,312
- Taxes -€1,952
down €1,952 (-14.7%), from €13,316 to €11,364
- Financial income -€1,049
down €1,049 (-67.0%), from €1,564 to €515
- Depreciation +€994
up €994 (+65.6%), from €1,514 to €2,507
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €132,309 | €148,384 | +€16,075 | +12.1% |
| Fixed assets | 21/28 | €9,748 | €10,007 | +€259 | +2.7% |
| Tangible fixed assets | 22/27 | €9,748 | €10,007 | +€259 | +2.7% |
| Plant, machinery and equipment | 23 | €9,748 | €7,329 | -€2,419 | -24.8% |
| Furniture and vehicles | 24 | - | €2,678 | +€2,678 | |
| Current assets | 29/58 | €122,561 | €138,377 | +€15,816 | +12.9% |
| Amounts receivable within one year | 40/41 | €25,000 | €0 | -€25,000 | -100% |
| Other amounts receivable | 41 | €25,000 | €0 | -€25,000 | -100% |
| Current investments | 50/53 | - | €60,000 | +€60,000 | |
| Cash at bank and in hand | 54/58 | €94,641 | €75,457 | -€19,184 | -20.3% |
| Deferred charges and accrued income | 490/1 | €2,920 | €2,920 | = | 0.0% |
| Total equity and liabilities | 10/49 | €132,309 | €148,384 | +€16,075 | +12.1% |
| Equity | 10/15 | €110,689 | €44,679 | -€66,010 | -59.6% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €108,000 | €42,000 | -€66,000 | -61.1% |
| Distributable reserves | 133 | €108,000 | €42,000 | -€66,000 | -61.1% |
| Profit (loss) carried forward | 14 | €189 | €179 | -€10 | -5.2% |
| Amounts payable | 17/49 | €21,620 | €103,705 | +€82,085 | +380% |
| Amounts payable within one year | 42/48 | €12,781 | €94,222 | +€81,441 | +637% |
| Financial debts | 43 | €3,000 | €3,000 | = | 0.0% |
| Credit institutions | 430/8 | €3,000 | €3,000 | = | 0.0% |
| Trade debts | 44 | €884 | €800 | -€84 | -9.5% |
| Suppliers | 440/4 | €884 | €800 | -€84 | -9.5% |
| Taxes, remuneration and social security | 45 | €8,896 | €20,409 | +€11,513 | +129% |
| Taxes | 450/3 | €6,414 | €18,259 | +€11,846 | +185% |
| Remuneration and social security | 454/9 | €2,483 | €2,150 | -€333 | -13.4% |
| Other amounts payable | 47/48 | - | €70,012 | +€70,012 | |
| Accrued charges and deferred income | 492/3 | €8,839 | €9,483 | +€644 | +7.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,514 | €2,507 | +€994 | +65.6% |
| Other operating charges | 640/8 | €858 | €690 | -€168 | -19.6% |
| Gross operating margin | 9900 | €52,947 | €56,312 | +€3,365 | +6.4% |
| Operating profit (loss) | 9901 | €50,576 | €53,115 | +€2,539 | +5.0% |
| Financial income | 75/76B | €1,564 | €515 | -€1,049 | -67.0% |
| Recurring financial income | 75 | €1,564 | €515 | -€1,049 | -67.0% |
| Financial charges | 65/66B | €280 | €276 | -€4 | -1.4% |
| Recurring financial charges | 65 | €280 | €276 | -€4 | -1.4% |
| Profit (loss) for the period before taxes | 9903 | €51,860 | €53,354 | +€1,494 | +2.9% |
| Income taxes | 67/77 | €13,316 | €11,364 | -€1,952 | -14.7% |
| Profit (loss) for the period | 9904 | €38,544 | €41,990 | +€3,446 | +8.9% |
| Profit (loss) for the period to be appropriated | 9905 | €38,544 | €41,990 | +€3,446 | +8.9% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.