KINE DEWAELE: 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 DEWAELE
Largest movements
- Cash +€25,904
up €25,904 (+113%), from €22,890 to €48,794
mainly Net result for the year (+€24,454) and Receivables within one year (+€3,926)
- Receivables within one year -€3,926
down €3,926 (-44.9%), from €8,742 to €4,817
of which Other amounts receivable: -€3,483
- Profit (loss) carried forward +€22,788
up €22,788 (+95.1%), from €23,965 to €46,753
- Accrued charges and deferred income -€1,853
down €1,853 (-79.3%), from €2,335 to €483
- Tax, wage and social debts +€1,649
up €1,649 (+94.2%), from €1,750 to €3,399
of which Taxes: +€1,649
- Trade debts -€1,343
down €1,343 (-72.4%), from €1,857 to €513
- Gross operating margin -€3,958
down €3,958 (-10.4%), from €37,915 to €33,956
- Taxes -€2,498
down €2,498 (-26.9%), from €9,284 to €6,786
- Depreciation -€2,281
down €2,281 (-82.8%), from €2,756 to €475
- Financial charges +€1,650
up €1,650 (+1,608%), from €103 to €1,753
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 | €32,408 | €53,916 | +€21,509 | +66.4% |
| Fixed assets | 21/28 | €552 | €77 | -€475 | -86.1% |
| Tangible fixed assets | 22/27 | €552 | €77 | -€475 | -86.1% |
| Furniture and vehicles | 24 | €552 | €77 | -€475 | -86.1% |
| Current assets | 29/58 | €31,856 | €53,840 | +€21,984 | +69.0% |
| Amounts receivable within one year | 40/41 | €8,742 | €4,817 | -€3,926 | -44.9% |
| Trade receivables | 40 | €442 | €0 | -€442 | -100% |
| Other amounts receivable | 41 | €8,300 | €4,817 | -€3,483 | -42.0% |
| Cash at bank and in hand | 54/58 | €22,890 | €48,794 | +€25,904 | +113% |
| Deferred charges and accrued income | 490/1 | €224 | €230 | +€5 | +2.4% |
| Total equity and liabilities | 10/49 | €32,408 | €53,916 | +€21,509 | +66.4% |
| Equity | 10/15 | €24,965 | €47,753 | +€22,788 | +91.3% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €23,965 | €46,753 | +€22,788 | +95.1% |
| Amounts payable | 17/49 | €7,442 | €6,163 | -€1,279 | -17.2% |
| Amounts payable within one year | 42/48 | €5,107 | €5,680 | +€573 | +11.2% |
| Trade debts | 44 | €1,857 | €513 | -€1,343 | -72.4% |
| Suppliers | 440/4 | €1,857 | €513 | -€1,343 | -72.4% |
| Taxes, remuneration and social security | 45 | €1,750 | €3,399 | +€1,649 | +94.2% |
| Taxes | 450/3 | - | €1,649 | +€1,649 | |
| Remuneration and social security | 454/9 | €1,750 | €1,750 | = | 0.0% |
| Other amounts payable | 47/48 | €1,500 | €1,768 | +€268 | +17.9% |
| Accrued charges and deferred income | 492/3 | €2,335 | €483 | -€1,853 | -79.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,756 | €475 | -€2,281 | -82.8% |
| Other operating charges | 640/8 | €413 | €544 | +€132 | +31.9% |
| Gross operating margin | 9900 | €37,915 | €33,956 | -€3,958 | -10.4% |
| Operating profit (loss) | 9901 | €34,747 | €32,937 | -€1,809 | -5.2% |
| Financial income | 75/76B | €105 | €55 | -€50 | -47.4% |
| Recurring financial income | 75 | €105 | €55 | -€50 | -47.4% |
| Financial charges | 65/66B | €103 | €1,753 | +€1,650 | +1,608% |
| Recurring financial charges | 65 | €103 | €1,753 | +€1,650 | +1,608% |
| Profit (loss) for the period before taxes | 9903 | €34,749 | €31,239 | -€3,510 | -10.1% |
| Income taxes | 67/77 | €9,284 | €6,786 | -€2,498 | -26.9% |
| Profit (loss) for the period | 9904 | €25,465 | €24,454 | -€1,011 | -4.0% |
| Profit (loss) for the period to be appropriated | 9905 | €25,465 | €24,454 | -€1,011 | -4.0% |
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 27 October 2026 via checked.be.