KINE-HOURPES: what changed
What changed
KINE-HOURPES
filed annual accounts (NBB)
Net result for the year
€23,054
2024 · €19,827+€3,227
Equity
€66,993
2024 · €63,938+€3,054
Cash
€67,402
2024 · €49,574+€17,828
Balance sheet total
€113,102
2024 · €83,543+€29,559
Largest movements
Assets
- Cash +€17,828
up €17,828 (+36.0%), from €49,574 to €67,402
mainly Net result for the year (+€23,054) and Other debts (+€20,000)
- Deferred charges and accrued income +€13,925
up €13,925 (+143%), from €9,747 to €23,672
- Tangible fixed assets -€1,927
down €1,927 (-54.7%), from €3,521 to €1,594
of which Furniture and vehicles: -€1,856
Equity and liabilities
- Other debts +€20,000
new in 2025: €20,000
- Tax, wage and social debts +€3,956
up €3,956 (+27.1%), from €14,607 to €18,563
- Profit (loss) carried forward +€3,054
up €3,054 (+106%), from €2,878 to €5,933
- Trade debts +€1,576
up €1,576 (+185%), from €850 to €2,426
Income statement
- Gross operating margin +€4,052
up €4,052 (+13.5%), from €30,092 to €34,144
- Taxes +€718
up €718 (+8.0%), from €8,923 to €9,640
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.
Result 2024
€19,827
Gross operating margin
+€4,052
Depreciation
+€86
Other operating charges
-€195
Financial income
-€9
Financial charges
+€11
Taxes
-€718
Result 2025
€23,054
raises the resultlowers the result
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.
From operations
+€37,828
Investment
€0
Financing
-€20,000
Cash 2024
€49,574
From operations (derived)
+€37,828
Net result for the year
+€23,054
Depreciation
+€1,927
Receivables within one year
+€266
Deferred charges and accrued income
-€13,925
Trade debts
+€1,576
Tax, wage and social debts
+€3,956
Other debts
+€20,000
Accrued charges and deferred income
+€973
Financing
-€20,000
Contributions, distributions and other
-€20,000
Cash 2025
€67,402
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €83,543 | €113,102 | +€29,559 | +35.4% |
| Fixed assets | 21/28 | €3,561 | €1,634 | -€1,927 | -54.1% |
| Tangible fixed assets | 22/27 | €3,521 | €1,594 | -€1,927 | -54.7% |
| Furniture and vehicles | 24 | €3,450 | €1,594 | -€1,856 | -53.8% |
| Other tangible fixed assets | 26 | €71 | €0 | -€71 | -100% |
| Financial fixed assets | 28 | €40 | €40 | = | 0.0% |
| Current assets | 29/58 | €79,982 | €111,468 | +€31,486 | +39.4% |
| Amounts receivable within one year | 40/41 | €20,661 | €20,394 | -€266 | -1.3% |
| Other amounts receivable | 41 | €20,661 | €20,394 | -€266 | -1.3% |
| Cash at bank and in hand | 54/58 | €49,574 | €67,402 | +€17,828 | +36.0% |
| Deferred charges and accrued income | 490/1 | €9,747 | €23,672 | +€13,925 | +143% |
| Total equity and liabilities | 10/49 | €83,543 | €113,102 | +€29,559 | +35.4% |
| Equity | 10/15 | €63,938 | €66,993 | +€3,054 | +4.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €54,860 | €54,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €53,000 | €53,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,878 | €5,933 | +€3,054 | +106% |
| Amounts payable | 17/49 | €19,604 | €46,109 | +€26,504 | +135% |
| Amounts payable within one year | 42/48 | €15,457 | €40,989 | +€25,532 | +165% |
| Trade debts | 44 | €850 | €2,426 | +€1,576 | +185% |
| Suppliers | 440/4 | €850 | €2,426 | +€1,576 | +185% |
| Taxes, remuneration and social security | 45 | €14,607 | €18,563 | +€3,956 | +27.1% |
| Taxes | 450/3 | €14,607 | €18,563 | +€3,956 | +27.1% |
| Other amounts payable | 47/48 | - | €20,000 | +€20,000 | |
| Accrued charges and deferred income | 492/3 | €4,147 | €5,120 | +€973 | +23.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,013 | €1,927 | -€86 | -4.3% |
| Other operating charges | 640/8 | €387 | €582 | +€195 | +50.3% |
| Gross operating margin | 9900 | €30,092 | €34,144 | +€4,052 | +13.5% |
| Operating profit (loss) | 9901 | €27,691 | €31,635 | +€3,943 | +14.2% |
| Financial income | 75/76B | €1,289 | €1,280 | -€9 | -0.7% |
| Recurring financial income | 75 | €1,289 | €1,280 | -€9 | -0.7% |
| Financial charges | 65/66B | €231 | €220 | -€11 | -4.9% |
| Recurring financial charges | 65 | €231 | €220 | -€11 | -4.9% |
| Profit (loss) for the period before taxes | 9903 | €28,750 | €32,695 | +€3,945 | +13.7% |
| Income taxes | 67/77 | €8,923 | €9,640 | +€718 | +8.0% |
| Profit (loss) for the period | 9904 | €19,827 | €23,054 | +€3,227 | +16.3% |
| Profit (loss) for the period to be appropriated | 9905 | €19,827 | €23,054 | +€3,227 | +16.3% |
Next steps
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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 6 November 2026 via checked.be.