KINE DE BIEST: what changed
What changed
KINE DE BIEST
filed annual accounts (NBB)
Net result for the year
€69,070
2024 · €26,632+€42,437
Equity
€124,775
2024 · €73,160+€51,614
Cash
€157,121
2024 · €80,811+€76,310
Balance sheet total
€352,965
2024 · €297,266+€55,699
Largest movements
Assets
- Cash +€76,310
up €76,310 (+94.4%), from €80,811 to €157,121
mainly Net result for the year (+€69,070) and Depreciation (+€23,955)
- Tangible fixed assets -€17,446
down €17,446 (-8.3%), from €209,704 to €192,258
of which Land and buildings: -€19,452
Equity and liabilities
- Reserves +€51,614
up €51,614 (+77.1%), from €66,960 to €118,575
- Debts after one year -€17,834
down €17,834 (-9.9%), from €180,090 to €162,255
- Other debts +€14,338
up €14,338 (+152%), from €9,426 to €23,764
- Tax, wage and social debts +€6,778
up €6,778, from €0 to €6,778
Income statement
- Gross operating margin +€51,614
up €51,614 (+69.9%), from €73,862 to €125,476
- Taxes +€14,988
up €14,988 (+125%), from €11,954 to €26,943
- Depreciation -€5,406
down €5,406 (-18.4%), from €29,362 to €23,955
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.
Result 2024
€26,632
Gross operating margin
+€51,614
Depreciation
+€5,406
Other operating charges
-€146
Financial income
+€141
Financial charges
+€410
Taxes
-€14,988
Result 2025
€69,070
raises the resultlowers the result
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.
From operations
+€118,239
Investment
-€6,510
Financing
-€35,418
Cash 2024
€80,811
From operations (derived)
+€118,239
Net result for the year
+€69,070
Depreciation
+€23,955
Receivables within one year
+€3,167
Deferred charges and accrued income
-€2
Trade debts
+€932
Tax, wage and social debts
+€6,778
Other debts
+€14,338
Investment (derived)
-€6,510
Investment in fixed assets (net)
-€6,510
Financing
-€35,418
Debts after one year
-€17,834
Current portion of long-term debt
-€129
Contributions, distributions and other
-€17,455
Cash 2025
€157,121
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €297,266 | €352,965 | +€55,699 | +18.7% |
| Fixed assets | 21/28 | €209,804 | €192,358 | -€17,446 | -8.3% |
| Tangible fixed assets | 22/27 | €209,704 | €192,258 | -€17,446 | -8.3% |
| Land and buildings | 22 | €200,427 | €180,975 | -€19,452 | -9.7% |
| Plant, machinery and equipment | 23 | €1,405 | €833 | -€572 | -40.7% |
| Furniture and vehicles | 24 | €7,872 | €3,951 | -€3,921 | -49.8% |
| Other tangible fixed assets | 26 | - | €6,499 | +€6,499 | |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €87,462 | €160,607 | +€73,145 | +83.6% |
| Amounts receivable within one year | 40/41 | €3,167 | €0 | -€3,167 | -100% |
| Other amounts receivable | 41 | €3,167 | €0 | -€3,167 | -100% |
| Cash at bank and in hand | 54/58 | €80,811 | €157,121 | +€76,310 | +94.4% |
| Deferred charges and accrued income | 490/1 | €3,485 | €3,486 | +€2 | 0.0% |
| Total equity and liabilities | 10/49 | €297,266 | €352,965 | +€55,699 | +18.7% |
| Equity | 10/15 | €73,160 | €124,775 | +€51,614 | +70.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €66,960 | €118,575 | +€51,614 | +77.1% |
| Distributable reserves | 133 | €66,960 | €118,575 | +€51,614 | +77.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €224,106 | €228,191 | +€4,085 | +1.8% |
| Amounts payable after more than one year | 17 | €180,090 | €162,255 | -€17,834 | -9.9% |
| Financial debts | 170/4 | €180,090 | €162,255 | -€17,834 | -9.9% |
| Amounts payable within one year | 42/48 | €44,016 | €65,935 | +€21,919 | +49.8% |
| Current portion of amounts payable after more than one year | 42 | €22,026 | €21,897 | -€129 | -0.6% |
| Trade debts | 44 | €12,564 | €13,496 | +€932 | +7.4% |
| Suppliers | 440/4 | €12,564 | €13,496 | +€932 | +7.4% |
| Taxes, remuneration and social security | 45 | €0 | €6,778 | +€6,778 | |
| Taxes | 450/3 | €0 | €6,778 | +€6,778 | |
| Other amounts payable | 47/48 | €9,426 | €23,764 | +€14,338 | +152% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,362 | €23,955 | -€5,406 | -18.4% |
| Other operating charges | 640/8 | €1,724 | €1,869 | +€146 | +8.5% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €73,862 | €125,476 | +€51,614 | +69.9% |
| Operating profit (loss) | 9901 | €42,777 | €99,651 | +€56,875 | +133% |
| Financial income | 75/76B | €407 | €549 | +€141 | +34.7% |
| Recurring financial income | 75 | €407 | €549 | +€141 | +34.7% |
| Financial charges | 65/66B | €4,598 | €4,188 | -€410 | -8.9% |
| Recurring financial charges | 65 | €4,598 | €4,188 | -€410 | -8.9% |
| Profit (loss) for the period before taxes | 9903 | €38,587 | €96,012 | +€57,426 | +149% |
| Income taxes | 67/77 | €11,954 | €26,943 | +€14,988 | +125% |
| Profit (loss) for the period | 9904 | €26,632 | €69,070 | +€42,437 | +159% |
| Profit (loss) for the period to be appropriated | 9905 | €26,632 | €69,070 | +€42,437 | +159% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.