Kiné Dewolfs: 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.
Kiné Dewolfs
Largest movements
- Cash +€48,769
up €48,769 (+22.6%), from €216,148 to €264,917
mainly Net result for the year (+€55,266) and Depreciation (+€10,385)
- Tangible fixed assets -€10,385
down €10,385 (-10.8%), from €96,109 to €85,724
of which Other tangible fixed assets: -€7,819
- Reserves +€55,266
up €55,266 (+40.3%), from €137,224 to €192,489
- Tax, wage and social debts -€9,925
down €9,925 (-90.5%), from €10,971 to €1,045
of which Taxes: -€8,229
- Debts after one year -€6,570
down €6,570 (-6.7%), from €97,513 to €90,943
- Gross operating margin -€2,419
down €2,419 (-2.4%), from €99,642 to €97,223
- Depreciation -€1,405
down €1,405 (-11.9%), from €11,790 to €10,385
- Taxes -€1,178
down €1,178 (-4.3%), from €27,223 to €26,045
- Financial charges +€1,024
up €1,024 (+40.9%), from €2,506 to €3,530
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 | €313,034 | €351,777 | +€38,743 | +12.4% |
| Fixed assets | 21/28 | €96,109 | €85,724 | -€10,385 | -10.8% |
| Tangible fixed assets | 22/27 | €96,109 | €85,724 | -€10,385 | -10.8% |
| Plant, machinery and equipment | 23 | €9,589 | €7,910 | -€1,679 | -17.5% |
| Furniture and vehicles | 24 | €2,605 | €1,718 | -€887 | -34.1% |
| Other tangible fixed assets | 26 | €83,915 | €76,096 | -€7,819 | -9.3% |
| Current assets | 29/58 | €216,925 | €266,053 | +€49,128 | +22.6% |
| Amounts receivable within one year | 40/41 | €777 | €777 | = | 0.0% |
| Other amounts receivable | 41 | €777 | €777 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €216,148 | €264,917 | +€48,769 | +22.6% |
| Deferred charges and accrued income | 490/1 | - | €359 | +€359 | |
| Total equity and liabilities | 10/49 | €313,034 | €351,777 | +€38,743 | +12.4% |
| Equity | 10/15 | €183,773 | €238,205 | +€54,433 | +29.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €137,224 | €192,489 | +€55,266 | +40.3% |
| Distributable reserves | 133 | €137,224 | €192,489 | +€55,266 | +40.3% |
| Profit (loss) carried forward | 14 | €27,949 | €27,116 | -€833 | -3.0% |
| Amounts payable | 17/49 | €129,261 | €113,572 | -€15,689 | -12.1% |
| Amounts payable after more than one year | 17 | €97,513 | €90,943 | -€6,570 | -6.7% |
| Financial debts | 170/4 | €97,513 | €90,943 | -€6,570 | -6.7% |
| Amounts payable within one year | 42/48 | €31,748 | €22,629 | -€9,119 | -28.7% |
| Current portion of amounts payable after more than one year | 42 | €6,422 | €6,570 | +€148 | +2.3% |
| Trade debts | 44 | €2,677 | €2,660 | -€17 | -0.6% |
| Suppliers | 440/4 | €2,677 | €2,660 | -€17 | -0.6% |
| Taxes, remuneration and social security | 45 | €10,971 | €1,045 | -€9,925 | -90.5% |
| Taxes | 450/3 | €9,274 | €1,045 | -€8,229 | -88.7% |
| Remuneration and social security | 454/9 | €1,697 | - | -€1,697 | |
| Other amounts payable | 47/48 | €11,677 | €12,353 | +€676 | +5.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,790 | €10,385 | -€1,405 | -11.9% |
| Other operating charges | 640/8 | €2,106 | €2,008 | -€98 | -4.7% |
| Gross operating margin | 9900 | €99,642 | €97,223 | -€2,419 | -2.4% |
| Operating profit (loss) | 9901 | €85,745 | €84,830 | -€915 | -1.1% |
| Financial income | 75/76B | €6 | €11 | +€4 | +65.2% |
| Recurring financial income | 75 | €6 | €11 | +€4 | +65.2% |
| Financial charges | 65/66B | €2,506 | €3,530 | +€1,024 | +40.9% |
| Recurring financial charges | 65 | €2,506 | €3,530 | +€1,024 | +40.9% |
| Profit (loss) for the period before taxes | 9903 | €83,246 | €81,311 | -€1,935 | -2.3% |
| Income taxes | 67/77 | €27,223 | €26,045 | -€1,178 | -4.3% |
| Profit (loss) for the period | 9904 | €56,023 | €55,266 | -€758 | -1.4% |
| Profit (loss) for the period to be appropriated | 9905 | €56,023 | €55,266 | -€758 | -1.4% |
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 24 October 2026 via checked.be.