KINE DELORGE: 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 DELORGE
Largest movements
- Cash +€53,792
up €53,792 (+1,329%), from €4,047 to €57,840
mainly Net result for the year (+€69,598) and Debts after one year (+€33,866)
- Tangible fixed assets +€50,188
new in 2025: €50,188
of which Furniture and vehicles: +€35,973
- Deferred charges and accrued income +€18,045
up €18,045 (+158%), from €11,396 to €29,440
- Profit (loss) carried forward +€69,598
up €69,598 (+794%), from €8,765 to €78,363
- Debts after one year +€33,866
new in 2025: €33,866
- Tax, wage and social debts +€10,096
up €10,096 (+459%), from €2,198 to €12,294
- Current portion of long-term debt +€9,284
new in 2025: €9,284
- Gross operating margin +€87,470
up €87,470 (+782%), from €11,193 to €98,662
- Taxes +€16,090
up €16,090 (+732%), from €2,198 to €18,289
- Depreciation +€8,039
up €8,039 (+3,509%), from €229 to €8,268
- Financial charges +€1,348
new in 2025: €1,348
- Other operating charges +€1,162
new in 2025: €1,162
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 | €16,698 | €137,578 | +€120,879 | +724% |
| Formation expenses | 20 | €1,145 | - | -€1,145 | |
| Fixed assets | 21/28 | €110 | €50,298 | +€50,188 | +45,625% |
| Tangible fixed assets | 22/27 | - | €50,188 | +€50,188 | |
| Plant, machinery and equipment | 23 | - | €14,215 | +€14,215 | |
| Furniture and vehicles | 24 | - | €35,973 | +€35,973 | |
| Financial fixed assets | 28 | €110 | €110 | = | 0.0% |
| Current assets | 29/58 | €15,443 | €87,280 | +€71,837 | +465% |
| Cash at bank and in hand | 54/58 | €4,047 | €57,840 | +€53,792 | +1,329% |
| Deferred charges and accrued income | 490/1 | €11,396 | €29,440 | +€18,045 | +158% |
| Total equity and liabilities | 10/49 | €16,698 | €137,578 | +€120,879 | +724% |
| Equity | 10/15 | €11,765 | €81,363 | +€69,598 | +592% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,765 | €78,363 | +€69,598 | +794% |
| Amounts payable | 17/49 | €4,933 | €56,214 | +€51,281 | +1,039% |
| Amounts payable after more than one year | 17 | - | €33,866 | +€33,866 | |
| Financial debts | 170/4 | - | €33,866 | +€33,866 | |
| Amounts payable within one year | 42/48 | €4,933 | €22,349 | +€17,416 | +353% |
| Current portion of amounts payable after more than one year | 42 | - | €9,284 | +€9,284 | |
| Trade debts | 44 | €1,360 | €402 | -€958 | -70.4% |
| Suppliers | 440/4 | €1,360 | €402 | -€958 | -70.4% |
| Taxes, remuneration and social security | 45 | €2,198 | €12,294 | +€10,096 | +459% |
| Taxes | 450/3 | €2,198 | €12,294 | +€10,096 | +459% |
| Other amounts payable | 47/48 | €1,375 | €368 | -€1,006 | -73.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €229 | €8,268 | +€8,039 | +3,509% |
| Other operating charges | 640/8 | - | €1,162 | +€1,162 | |
| Gross operating margin | 9900 | €11,193 | €98,662 | +€87,470 | +782% |
| Operating profit (loss) | 9901 | €10,963 | €89,232 | +€78,269 | +714% |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | - | €3 | +€3 | |
| Financial charges | 65/66B | - | €1,348 | +€1,348 | |
| Recurring financial charges | 65 | - | €1,348 | +€1,348 | |
| Profit (loss) for the period before taxes | 9903 | €10,963 | €87,887 | +€76,924 | +702% |
| Income taxes | 67/77 | €2,198 | €18,289 | +€16,090 | +732% |
| Profit (loss) for the period | 9904 | €8,765 | €69,598 | +€60,833 | +694% |
| Profit (loss) for the period to be appropriated | 9905 | €8,765 | €69,598 | +€60,833 | +694% |
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 22 October 2026 via checked.be.