KINE KI LIBRE: what changed
Two fiscal 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 KI LIBRE
Largest movements
- Intangible fixed assets -€20,000
down €20,000 (-25.0%), from €80,000 to €60,000
- Deferred charges and accrued income +€9,702
up €9,702 (+125.8%), from €7,710 to €17,412
- Cash +€5,265
up €5,265 (+51.4%), from €10,243 to €15,508
mainly Debts after one year (+€34,451) and Depreciation (+€22,009)
- Receivables within one year +€2,687
new in 2024: €2,687
- Other debts -€69,131
down €69,131 (-93.2%), from €74,212 to €5,081
- Debts after one year +€34,451
new in 2024: €34,451
- Reserves +€19,000
up €19,000 (+105.6%), from €18,000 to €37,000
- Current portion of long-term debt +€9,843
new in 2024: €9,843
- Tax, wage and social debts +€5,000
up €5,000 (+103.9%), from €4,814 to €9,814
- Turnover +€149,414
new in 2024: €149,414
- Purchases and services +€95,603
new in 2024: €95,603
- Gross operating margin +€8,550
up €8,550 (+18.9%), from €45,260 to €53,811
- Taxes +€4,499
up €4,499 (+93.5%), from €4,814 to €9,313
- Financial charges +€1,574
up €1,574 (+4919.5%), from €32 to €1,606
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €105,462 | €104,104 | -€1,358 | -1.3% |
| Fixed assets | 21/28 | €87,509 | €68,496 | -€19,013 | -21.7% |
| Intangible fixed assets | 21 | €80,000 | €60,000 | -€20,000 | -25.0% |
| Tangible fixed assets | 22/27 | €7,509 | €8,496 | +€987 | +13.2% |
| Furniture and vehicles | 24 | €3,046 | €1,577 | -€1,470 | -48.2% |
| Other tangible fixed assets | 26 | €4,463 | €6,920 | +€2,457 | +55.1% |
| Current assets | 29/58 | €17,953 | €35,608 | +€17,655 | +98.3% |
| Amounts receivable within one year | 40/41 | - | €2,687 | +€2,687 | |
| Other amounts receivable | 41 | - | €2,687 | +€2,687 | |
| Cash at bank and in hand | 54/58 | €10,243 | €15,508 | +€5,265 | +51.4% |
| Deferred charges and accrued income | 490/1 | €7,710 | €17,412 | +€9,702 | +125.8% |
| Total equity and liabilities | 10/49 | €105,462 | €104,104 | -€1,358 | -1.3% |
| Equity | 10/15 | €21,131 | €40,768 | +€19,636 | +92.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €18,000 | €37,000 | +€19,000 | +105.6% |
| Distributable reserves | 133 | €18,000 | €37,000 | +€19,000 | +105.6% |
| Profit (loss) carried forward | 14 | €131 | €768 | +€636 | +484.0% |
| Amounts payable | 17/49 | €84,330 | €63,336 | -€20,994 | -24.9% |
| Amounts payable after more than one year | 17 | - | €34,451 | +€34,451 | |
| Financial debts | 170/4 | - | €34,451 | +€34,451 | |
| Amounts payable within one year | 42/48 | €81,910 | €28,886 | -€53,025 | -64.7% |
| Current portion of amounts payable after more than one year | 42 | - | €9,843 | +€9,843 | |
| Financial debts | 43 | - | €2,667 | +€2,667 | |
| Credit institutions | 430/8 | - | €2,667 | +€2,667 | |
| Trade debts | 44 | €2,885 | €1,482 | -€1,403 | -48.6% |
| Suppliers | 440/4 | €2,885 | €1,482 | -€1,403 | -48.6% |
| Taxes, remuneration and social security | 45 | €4,814 | €9,814 | +€5,000 | +103.9% |
| Taxes | 450/3 | €4,814 | €9,814 | +€5,000 | +103.9% |
| Other amounts payable | 47/48 | €74,212 | €5,081 | -€69,131 | -93.2% |
| Accrued charges and deferred income | 492/3 | €2,420 | €0 | -€2,420 | -100.0% |
| Turnover | 70 | - | €149,414 | +€149,414 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €95,603 | +€95,603 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,899 | €22,009 | +€110 | +0.5% |
| Other operating charges | 640/8 | €384 | €1,247 | +€862 | +224.3% |
| Gross operating margin | 9900 | €45,260 | €53,811 | +€8,550 | +18.9% |
| Operating profit (loss) | 9901 | €22,977 | €30,555 | +€7,578 | +33.0% |
| Financial income | 75/76B | €0 | €0 | -€0 | -50.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -50.0% |
| Financial charges | 65/66B | €32 | €1,606 | +€1,574 | +4919.5% |
| Recurring financial charges | 65 | €32 | €1,606 | +€1,574 | +4919.5% |
| Profit (loss) for the period before taxes | 9903 | €22,945 | €28,949 | +€6,004 | +26.2% |
| Income taxes | 67/77 | €4,814 | €9,313 | +€4,499 | +93.5% |
| Profit (loss) for the period | 9904 | €18,131 | €19,636 | +€1,505 | +8.3% |
| Profit (loss) for the period to be appropriated | 9905 | €18,131 | €19,636 | +€1,505 | +8.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.