KINE FX: 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 FX
Largest movements
- Cash +€18,214
up €18,214 (+55.0%), from €33,122 to €51,336
mainly Other debts (+€19,717) and Net result for the year (+€14,081)
- Tangible fixed assets -€5,113
down €5,113 (-15.2%), from €33,626 to €28,513
of which Furniture and vehicles: -€2,683
- Deferred charges and accrued income -€1,942
down €1,942 (-43.1%), from €4,511 to €2,569
- Other debts +€19,717
up €19,717 (+166%), from €11,854 to €31,571
- Debts after one year -€5,513
down €5,513 (-70.6%), from €7,810 to €2,297
- Profit (loss) carried forward -€3,919
down €3,919 (-30.0%), from €13,069 to €9,150
- Tax, wage and social debts +€3,037
up €3,037 (+31.6%), from €9,599 to €12,636
- Current portion of long-term debt -€1,718
down €1,718 (-23.8%), from €7,231 to €5,513
- Purchases and services +€12,685
up €12,685 (+22.7%), from €55,851 to €68,536
- Gross operating margin -€11,169
down €11,169 (-26.4%), from €42,289 to €31,120
- Depreciation -€8,629
down €8,629 (-46.4%), from €18,582 to €9,953
- Turnover -€3,152
down €3,152 (-3.2%), from €98,140 to €94,987
- Taxes -€1,749
down €1,749 (-28.2%), from €6,192 to €4,443
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 | €71,258 | €82,417 | +€11,159 | +15.7% |
| Fixed assets | 21/28 | €33,626 | €28,513 | -€5,113 | -15.2% |
| Tangible fixed assets | 22/27 | €33,626 | €28,513 | -€5,113 | -15.2% |
| Plant, machinery and equipment | 23 | €112 | €0 | -€112 | -100% |
| Furniture and vehicles | 24 | €10,814 | €8,131 | -€2,683 | -24.8% |
| Other tangible fixed assets | 26 | €22,700 | €20,382 | -€2,318 | -10.2% |
| Current assets | 29/58 | €37,632 | €53,904 | +€16,272 | +43.2% |
| Cash at bank and in hand | 54/58 | €33,122 | €51,336 | +€18,214 | +55.0% |
| Deferred charges and accrued income | 490/1 | €4,511 | €2,569 | -€1,942 | -43.1% |
| Total equity and liabilities | 10/49 | €71,258 | €82,417 | +€11,159 | +15.7% |
| Equity | 10/15 | €33,529 | €29,610 | -€3,919 | -11.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Other | 1319 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,069 | €9,150 | -€3,919 | -30.0% |
| Amounts payable | 17/49 | €37,729 | €52,807 | +€15,078 | +40.0% |
| Amounts payable after more than one year | 17 | €7,810 | €2,297 | -€5,513 | -70.6% |
| Financial debts | 170/4 | €7,810 | €2,297 | -€5,513 | -70.6% |
| Amounts payable within one year | 42/48 | €29,729 | €50,319 | +€20,590 | +69.3% |
| Current portion of amounts payable after more than one year | 42 | €7,231 | €5,513 | -€1,718 | -23.8% |
| Trade debts | 44 | €1,045 | €600 | -€445 | -42.6% |
| Suppliers | 440/4 | €1,045 | €600 | -€445 | -42.6% |
| Taxes, remuneration and social security | 45 | €9,599 | €12,636 | +€3,037 | +31.6% |
| Taxes | 450/3 | €9,599 | €12,636 | +€3,037 | +31.6% |
| Other amounts payable | 47/48 | €11,854 | €31,571 | +€19,717 | +166% |
| Accrued charges and deferred income | 492/3 | €190 | €191 | +€1 | +0.7% |
| Turnover | 70 | €98,140 | €94,987 | -€3,152 | -3.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €55,851 | €68,536 | +€12,685 | +22.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,582 | €9,953 | -€8,629 | -46.4% |
| Other operating charges | 640/8 | €526 | €336 | -€190 | -36.1% |
| Gross operating margin | 9900 | €42,289 | €31,120 | -€11,169 | -26.4% |
| Operating profit (loss) | 9901 | €23,182 | €20,831 | -€2,351 | -10.1% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €2,666 | €2,307 | -€359 | -13.5% |
| Recurring financial charges | 65 | €2,666 | €2,307 | -€359 | -13.5% |
| Profit (loss) for the period before taxes | 9903 | €20,517 | €18,524 | -€1,993 | -9.7% |
| Income taxes | 67/77 | €6,192 | €4,443 | -€1,749 | -28.2% |
| Profit (loss) for the period | 9904 | €14,324 | €14,081 | -€244 | -1.7% |
| Profit (loss) for the period to be appropriated | 9905 | €14,324 | €14,081 | -€244 | -1.7% |
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 16 October 2026 via checked.be.