Kiné Dhondt: what changed
Kiné Dhondt
Largest movements
- Cash +€31,266
up €31,266 (+35.1%), from €89,092 to €120,358
mainly Net result for the year (+€44,297) and Depreciation (+€3,641)
- Tangible fixed assets +€11,331
up €11,331 (+45.9%), from €24,677 to €36,008
of which Other tangible fixed assets: +€9,824
- Receivables within one year -€3,587
down €3,587 (-50.8%), from €7,057 to €3,470
- Reserves +€44,297
up €44,297 (+60.7%), from €72,939 to €117,236
of which Distributable reserves: +€44,297
- Tax, wage and social debts -€5,943
down €5,943 (-32.7%), from €18,185 to €12,242
of which Remuneration and social security: -€18,185
- Taxes -€10,881
down €10,881 (-45.5%), from €23,923 to €13,043
- Gross operating margin -€10,659
down €10,659 (-14.7%), from €72,337 to €61,678
- Depreciation +€1,855
up €1,855 (+104%), from €1,786 to €3,641
Change in the result, 2025 to 2026
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 2025 and 2026 balance sheets and the 2026 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 | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €120,946 | €159,979 | +€39,033 | +32.3% |
| Fixed assets | 21/28 | €24,677 | €36,008 | +€11,331 | +45.9% |
| Tangible fixed assets | 22/27 | €24,677 | €36,008 | +€11,331 | +45.9% |
| Plant, machinery and equipment | 23 | €222 | €2,314 | +€2,092 | +943% |
| Furniture and vehicles | 24 | €1,955 | €1,370 | -€585 | -29.9% |
| Other tangible fixed assets | 26 | €22,500 | €32,324 | +€9,824 | +43.7% |
| Current assets | 29/58 | €96,269 | €123,971 | +€27,702 | +28.8% |
| Amounts receivable within one year | 40/41 | €7,057 | €3,470 | -€3,587 | -50.8% |
| Trade receivables | 40 | €7,057 | €3,470 | -€3,587 | -50.8% |
| Cash at bank and in hand | 54/58 | €89,092 | €120,358 | +€31,266 | +35.1% |
| Deferred charges and accrued income | 490/1 | €120 | €143 | +€22 | +18.5% |
| Total equity and liabilities | 10/49 | €120,946 | €159,979 | +€39,033 | +32.3% |
| Equity | 10/15 | €82,939 | €127,236 | +€44,297 | +53.4% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €72,939 | €117,236 | +€44,297 | +60.7% |
| Non-distributable reserves | 130/1 | €1,000 | €1,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,000 | €1,000 | = | 0.0% |
| Distributable reserves | 133 | €71,939 | €116,236 | +€44,297 | +61.6% |
| Amounts payable | 17/49 | €38,007 | €32,743 | -€5,264 | -13.9% |
| Amounts payable within one year | 42/48 | €32,984 | €27,579 | -€5,405 | -16.4% |
| Trade debts | 44 | €9,148 | €9,658 | +€510 | +5.6% |
| Suppliers | 440/4 | €9,148 | €9,658 | +€510 | +5.6% |
| Taxes, remuneration and social security | 45 | €18,185 | €12,242 | -€5,943 | -32.7% |
| Taxes | 450/3 | - | €12,242 | +€12,242 | |
| Remuneration and social security | 454/9 | €18,185 | - | -€18,185 | |
| Other amounts payable | 47/48 | €5,651 | €5,680 | +€28 | +0.5% |
| Accrued charges and deferred income | 492/3 | €5,023 | €5,164 | +€141 | +2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,786 | €3,641 | +€1,855 | +104% |
| Other operating charges | 640/8 | €894 | €647 | -€247 | -27.6% |
| Gross operating margin | 9900 | €72,337 | €61,678 | -€10,659 | -14.7% |
| Operating profit (loss) | 9901 | €69,657 | €57,390 | -€12,267 | -17.6% |
| Financial charges | 65/66B | €46 | €50 | +€4 | +8.2% |
| Recurring financial charges | 65 | €46 | €50 | +€4 | +8.2% |
| Profit (loss) for the period before taxes | 9903 | €69,611 | €57,340 | -€12,271 | -17.6% |
| Income taxes | 67/77 | €23,923 | €13,043 | -€10,881 | -45.5% |
| Profit (loss) for the period | 9904 | €45,688 | €44,297 | -€1,391 | -3.0% |
| Profit (loss) for the period to be appropriated | 9905 | €45,688 | €44,297 | -€1,391 | -3.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.