KINÉ JSB: 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.
KINÉ JSB
Largest movements
- Tangible fixed assets -€46,712
down €46,712 (-22.9%), from €203,633 to €156,921
of which Land and buildings: -€28,328
- Cash +€30,320
up €30,320 (+80.3%), from €37,762 to €68,082
mainly Depreciation (+€46,712) and Net result for the year (+€3,307)
- Debts after one year -€15,128
down €15,128 (-50.6%), from €29,894 to €14,766
- Reserves +€3,307
up €3,307 (+2.3%), from €145,459 to €148,765
of which Distributable reserves: +€3,307
- Gross operating margin +€5,960
up €5,960 (+11.6%), from €51,348 to €57,308
- Depreciation -€2,045
down €2,045 (-4.2%), from €48,758 to €46,712
- Taxes +€1,704
up €1,704 (+613%), from €278 to €1,982
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 | €250,474 | €233,668 | -€16,807 | -6.7% |
| Fixed assets | 21/28 | €203,633 | €156,921 | -€46,712 | -22.9% |
| Tangible fixed assets | 22/27 | €203,633 | €156,921 | -€46,712 | -22.9% |
| Land and buildings | 22 | €168,585 | €140,256 | -€28,328 | -16.8% |
| Plant, machinery and equipment | 23 | €1,891 | €1,377 | -€514 | -27.2% |
| Furniture and vehicles | 24 | €33,158 | €15,288 | -€17,870 | -53.9% |
| Current assets | 29/58 | €46,841 | €76,747 | +€29,906 | +63.8% |
| Amounts receivable within one year | 40/41 | €3,083 | €1,472 | -€1,611 | -52.2% |
| Trade receivables | 40 | €300 | €391 | +€91 | +30.3% |
| Other amounts receivable | 41 | €2,783 | €1,081 | -€1,702 | -61.1% |
| Cash at bank and in hand | 54/58 | €37,762 | €68,082 | +€30,320 | +80.3% |
| Deferred charges and accrued income | 490/1 | €5,996 | €7,192 | +€1,196 | +20.0% |
| Total equity and liabilities | 10/49 | €250,474 | €233,668 | -€16,807 | -6.7% |
| Equity | 10/15 | €175,459 | €178,765 | +€3,307 | +1.9% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €145,459 | €148,765 | +€3,307 | +2.3% |
| Tax-exempt reserves | 132 | €316 | €316 | = | 0.0% |
| Distributable reserves | 133 | €145,143 | €148,449 | +€3,307 | +2.3% |
| Amounts payable | 17/49 | €75,016 | €54,902 | -€20,113 | -26.8% |
| Amounts payable after more than one year | 17 | €29,894 | €14,766 | -€15,128 | -50.6% |
| Financial debts | 170/4 | €29,894 | €14,766 | -€15,128 | -50.6% |
| Amounts payable within one year | 42/48 | €43,692 | €38,348 | -€5,344 | -12.2% |
| Current portion of amounts payable after more than one year | 42 | €16,435 | €15,128 | -€1,307 | -8.0% |
| Trade debts | 44 | €1,937 | €1,862 | -€75 | -3.9% |
| Suppliers | 440/4 | €1,937 | €1,862 | -€75 | -3.9% |
| Taxes, remuneration and social security | 45 | €6,296 | €4,379 | -€1,917 | -30.5% |
| Taxes | 450/3 | €6,296 | €4,379 | -€1,917 | -30.5% |
| Other amounts payable | 47/48 | €19,024 | €16,979 | -€2,045 | -10.7% |
| Accrued charges and deferred income | 492/3 | €1,430 | €1,789 | +€359 | +25.1% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,758 | €46,712 | -€2,045 | -4.2% |
| Other operating charges | 640/8 | €2,794 | €2,791 | -€3 | -0.1% |
| Gross operating margin | 9900 | €51,348 | €57,308 | +€5,960 | +11.6% |
| Operating profit (loss) | 9901 | -€204 | €7,805 | +€8,009 | |
| Financial income | 75/76B | €204 | €213 | +€9 | +4.4% |
| Recurring financial income | 75 | €204 | €213 | +€9 | +4.4% |
| Financial charges | 65/66B | €3,236 | €2,729 | -€507 | -15.7% |
| Recurring financial charges | 65 | €3,236 | €2,729 | -€507 | -15.7% |
| Profit (loss) for the period before taxes | 9903 | -€3,236 | €5,289 | +€8,525 | |
| Income taxes | 67/77 | €278 | €1,982 | +€1,704 | +613% |
| Profit (loss) for the period | 9904 | -€3,514 | €3,307 | +€6,821 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,514 | €3,307 | +€6,821 |
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 24 October 2026 via checked.be.