KINE HOUSE: 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 HOUSE
Largest movements
- Cash +€24,638
up €24,638 (+137%), from €17,971 to €42,609
mainly Net result for the year (+€21,576) and Depreciation (+€16,579)
- Tangible fixed assets -€15,434
down €15,434 (-23.8%), from €64,911 to €49,477
of which Furniture and vehicles: -€11,580
- Receivables within one year -€6,042
down €6,042 (-100%), from €6,042 to €0
- Profit (loss) carried forward +€18,005
up €18,005 (+51.2%), from €35,199 to €53,204
- Debts after one year -€10,150
down €10,150 (-35.8%), from €28,315 to €18,164
- Other debts -€4,182
down €4,182 (-95.1%), from €4,396 to €214
- Tax, wage and social debts +€2,833
up €2,833 (+154%), from €1,842 to €4,676
of which Remuneration and social security: +€1,544
- Current portion of long-term debt -€2,572
down €2,572 (-20.2%), from €12,722 to €10,150
- Gross operating margin -€8,812
down €8,812 (-15.2%), from €57,844 to €49,031
- Taxes -€1,625
down €1,625 (-20.7%), from €7,842 to €6,218
- Depreciation -€899
down €899 (-5.1%), from €17,478 to €16,579
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 | €89,139 | €92,483 | +€3,344 | +3.8% |
| Fixed assets | 21/28 | €64,911 | €49,477 | -€15,434 | -23.8% |
| Tangible fixed assets | 22/27 | €64,911 | €49,477 | -€15,434 | -23.8% |
| Land and buildings | 22 | €16,498 | €13,568 | -€2,930 | -17.8% |
| Plant, machinery and equipment | 23 | €5,177 | €4,253 | -€923 | -17.8% |
| Furniture and vehicles | 24 | €43,236 | €31,656 | -€11,580 | -26.8% |
| Current assets | 29/58 | €24,228 | €43,006 | +€18,777 | +77.5% |
| Amounts receivable within one year | 40/41 | €6,042 | €0 | -€6,042 | -100% |
| Other amounts receivable | 41 | €6,042 | €0 | -€6,042 | -100% |
| Cash at bank and in hand | 54/58 | €17,971 | €42,609 | +€24,638 | +137% |
| Deferred charges and accrued income | 490/1 | €216 | €397 | +€181 | +84.0% |
| Total equity and liabilities | 10/49 | €89,139 | €92,483 | +€3,344 | +3.8% |
| Equity | 10/15 | €40,199 | €58,204 | +€18,005 | +44.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €35,199 | €53,204 | +€18,005 | +51.2% |
| Amounts payable | 17/49 | €48,940 | €34,279 | -€14,661 | -30.0% |
| Amounts payable after more than one year | 17 | €28,315 | €18,164 | -€10,150 | -35.8% |
| Financial debts | 170/4 | €28,315 | €18,164 | -€10,150 | -35.8% |
| Amounts payable within one year | 42/48 | €20,238 | €16,114 | -€4,124 | -20.4% |
| Current portion of amounts payable after more than one year | 42 | €12,722 | €10,150 | -€2,572 | -20.2% |
| Trade debts | 44 | €1,278 | €1,075 | -€203 | -15.9% |
| Suppliers | 440/4 | €1,278 | €1,075 | -€203 | -15.9% |
| Taxes, remuneration and social security | 45 | €1,842 | €4,676 | +€2,833 | +154% |
| Taxes | 450/3 | €1,842 | €3,132 | +€1,289 | +70.0% |
| Remuneration and social security | 454/9 | €0 | €1,544 | +€1,544 | |
| Other amounts payable | 47/48 | €4,396 | €214 | -€4,182 | -95.1% |
| Accrued charges and deferred income | 492/3 | €387 | €0 | -€387 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,478 | €16,579 | -€899 | -5.1% |
| Other operating charges | 640/8 | €2,981 | €2,541 | -€440 | -14.8% |
| Gross operating margin | 9900 | €57,844 | €49,031 | -€8,812 | -15.2% |
| Operating profit (loss) | 9901 | €37,384 | €29,911 | -€7,473 | -20.0% |
| Financial income | 75/76B | €0 | €0 | = | 0.0% |
| Recurring financial income | 75 | €0 | €0 | = | 0.0% |
| Financial charges | 65/66B | €2,656 | €2,117 | -€539 | -20.3% |
| Recurring financial charges | 65 | €2,656 | €2,117 | -€539 | -20.3% |
| Profit (loss) for the period before taxes | 9903 | €34,728 | €27,794 | -€6,934 | -20.0% |
| Income taxes | 67/77 | €7,842 | €6,218 | -€1,625 | -20.7% |
| Profit (loss) for the period | 9904 | €26,886 | €21,576 | -€5,310 | -19.7% |
| Profit (loss) for the period to be appropriated | 9905 | €26,886 | €21,576 | -€5,310 | -19.7% |
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 17 October 2026 via checked.be.