Kine Els Van Mele: what changed
Kine Els Van Mele
Largest movements
- Cash -€31,248
down €31,248 (-22.2%), from €140,533 to €109,286
mainly Contributions, distributions and other (-€41,420) and Current investments (-€18,051)
- Current investments +€18,051
up €18,051 (+30.5%), from €59,101 to €77,152
- Tangible fixed assets +€9,038
new in 2025: €9,038
of which Land and buildings: +€4,974
- Receivables within one year -€2,304
down €2,304 (-49.8%), from €4,628 to €2,324
- Reserves -€7,540
down €7,540 (-4.9%), from €154,867 to €147,327
- Accrued charges and deferred income +€4,053
up €4,053 (+28.7%), from €14,101 to €18,155
- Other debts -€3,423
down €3,423 (-24.1%), from €14,195 to €10,772
- Gross operating margin +€10,435
up €10,435 (+26.9%), from €38,804 to €49,238
- Taxes +€2,643
up €2,643 (+25.5%), from €10,382 to €13,024
- Depreciation +€988
up €988, from €0 to €988
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €205,403 | €199,801 | -€5,602 | -2.7% |
| Fixed assets | 21/28 | - | €9,038 | +€9,038 | |
| Tangible fixed assets | 22/27 | - | €9,038 | +€9,038 | |
| Land and buildings | 22 | - | €4,974 | +€4,974 | |
| Plant, machinery and equipment | 23 | - | €1,404 | +€1,404 | |
| Furniture and vehicles | 24 | - | €2,660 | +€2,660 | |
| Current assets | 29/58 | €205,403 | €190,763 | -€14,640 | -7.1% |
| Amounts receivable within one year | 40/41 | €4,628 | €2,324 | -€2,304 | -49.8% |
| Other amounts receivable | 41 | €4,628 | €2,324 | -€2,304 | -49.8% |
| Current investments | 50/53 | €59,101 | €77,152 | +€18,051 | +30.5% |
| Cash at bank and in hand | 54/58 | €140,533 | €109,286 | -€31,248 | -22.2% |
| Deferred charges and accrued income | 490/1 | €1,141 | €2,001 | +€860 | +75.4% |
| Total equity and liabilities | 10/49 | €205,403 | €199,801 | -€5,602 | -2.7% |
| Equity | 10/15 | €173,467 | €165,927 | -€7,540 | -4.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €154,867 | €147,327 | -€7,540 | -4.9% |
| Distributable reserves | 133 | €154,867 | €147,327 | -€7,540 | -4.9% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €31,935 | €33,874 | +€1,938 | +6.1% |
| Amounts payable within one year | 42/48 | €17,834 | €15,719 | -€2,115 | -11.9% |
| Trade debts | 44 | €967 | €1,559 | +€593 | +61.3% |
| Suppliers | 440/4 | €967 | €1,559 | +€593 | +61.3% |
| Taxes, remuneration and social security | 45 | €2,673 | €3,388 | +€715 | +26.8% |
| Taxes | 450/3 | €2,673 | €3,388 | +€715 | +26.8% |
| Other amounts payable | 47/48 | €14,195 | €10,772 | -€3,423 | -24.1% |
| Accrued charges and deferred income | 492/3 | €14,101 | €18,155 | +€4,053 | +28.7% |
| Remuneration, social security and pensions | 62 | €378 | €0 | -€378 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | €988 | +€988 | |
| Other operating charges | 640/8 | €1,457 | €1,421 | -€36 | -2.5% |
| Gross operating margin | 9900 | €38,804 | €49,238 | +€10,435 | +26.9% |
| Operating profit (loss) | 9901 | €36,968 | €46,829 | +€9,861 | +26.7% |
| Financial income | 75/76B | €531 | €610 | +€79 | +14.9% |
| Recurring financial income | 75 | €531 | €610 | +€79 | +14.9% |
| Financial charges | 65/66B | €391 | €535 | +€143 | +36.5% |
| Recurring financial charges | 65 | €391 | €535 | +€143 | +36.5% |
| Profit (loss) for the period before taxes | 9903 | €37,108 | €46,904 | +€9,796 | +26.4% |
| Income taxes | 67/77 | €10,382 | €13,024 | +€2,643 | +25.5% |
| Profit (loss) for the period | 9904 | €26,726 | €33,880 | +€7,154 | +26.8% |
| Profit (loss) for the period to be appropriated | 9905 | €26,726 | €33,880 | +€7,154 | +26.8% |
Next steps
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 4 November 2026 via checked.be.