KINE GILLIS: 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 GILLIS
Largest movements
- Cash +€13,569
up €13,569 (+90.2%), from €15,035 to €28,604
mainly Net result for the year (+€25,971) and Depreciation (+€4,786)
- Receivables within one year +€9,679
up €9,679 (+10.0%), from €96,510 to €106,189
- Tangible fixed assets -€2,136
down €2,136 (-25.0%), from €8,541 to €6,405
of which Furniture and vehicles: -€1,894
- Reserves +€25,971
up €25,971 (+23.7%), from €109,451 to €135,422
- Other debts -€6,800
no longer reported in 2025 (was €6,800)
- Gross operating margin +€10,968
up €10,968 (+42.4%), from €25,889 to €36,857
- Taxes +€3,094
up €3,094 (+39.6%), from €7,819 to €10,913
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 | €122,594 | €143,915 | +€21,321 | +17.4% |
| Fixed assets | 21/28 | €8,541 | €6,405 | -€2,136 | -25.0% |
| Tangible fixed assets | 22/27 | €8,541 | €6,405 | -€2,136 | -25.0% |
| Plant, machinery and equipment | 23 | €4,499 | €4,565 | +€66 | +1.5% |
| Furniture and vehicles | 24 | €3,173 | €1,279 | -€1,894 | -59.7% |
| Other tangible fixed assets | 26 | €869 | €561 | -€308 | -35.4% |
| Current assets | 29/58 | €114,053 | €137,510 | +€23,457 | +20.6% |
| Amounts receivable within one year | 40/41 | €96,510 | €106,189 | +€9,679 | +10.0% |
| Other amounts receivable | 41 | €96,510 | €106,189 | +€9,679 | +10.0% |
| Cash at bank and in hand | 54/58 | €15,035 | €28,604 | +€13,569 | +90.2% |
| Deferred charges and accrued income | 490/1 | €2,508 | €2,717 | +€209 | +8.3% |
| Total equity and liabilities | 10/49 | €122,594 | €143,915 | +€21,321 | +17.4% |
| Equity | 10/15 | €115,651 | €141,622 | +€25,971 | +22.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €109,451 | €135,422 | +€25,971 | +23.7% |
| Distributable reserves | 133 | €109,451 | €135,422 | +€25,971 | +23.7% |
| Amounts payable | 17/49 | €6,943 | €2,293 | -€4,650 | -67.0% |
| Amounts payable within one year | 42/48 | €6,943 | €2,293 | -€4,650 | -67.0% |
| Trade debts | 44 | €143 | €1,382 | +€1,239 | +866% |
| Suppliers | 440/4 | €143 | €1,382 | +€1,239 | +866% |
| Taxes, remuneration and social security | 45 | - | €911 | +€911 | |
| Taxes | 450/3 | - | €911 | +€911 | |
| Other amounts payable | 47/48 | €6,800 | - | -€6,800 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,492 | €4,786 | +€294 | +6.5% |
| Other operating charges | 640/8 | €569 | €591 | +€22 | +3.9% |
| Gross operating margin | 9900 | €25,889 | €36,857 | +€10,968 | +42.4% |
| Operating profit (loss) | 9901 | €20,828 | €31,480 | +€10,652 | +51.1% |
| Financial income | 75/76B | €5,580 | €5,503 | -€77 | -1.4% |
| Recurring financial income | 75 | €5,580 | €5,503 | -€77 | -1.4% |
| Financial charges | 65/66B | €12 | €99 | +€87 | +725% |
| Recurring financial charges | 65 | €12 | €99 | +€87 | +725% |
| Profit (loss) for the period before taxes | 9903 | €26,396 | €36,884 | +€10,488 | +39.7% |
| Income taxes | 67/77 | €7,819 | €10,913 | +€3,094 | +39.6% |
| Profit (loss) for the period | 9904 | €18,577 | €25,971 | +€7,394 | +39.8% |
| Profit (loss) for the period to be appropriated | 9905 | €18,577 | €25,971 | +€7,394 | +39.8% |
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 29 October 2026 via checked.be.