Kine.KS: 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.KS
Largest movements
- Tangible fixed assets -€15,965
down €15,965 (-6.8%), from €233,881 to €217,917
of which Land and buildings: -€15,374
- Cash -€3,214
down €3,214 (-23.6%), from €13,604 to €10,390
mainly Debts after one year (-€13,262) and Net result for the year (-€9,052)
- Debts after one year -€13,262
down €13,262 (-6.9%), from €193,559 to €180,297
- Profit (loss) carried forward -€9,052
down €9,052 (-62.1%), from €14,581 to €5,529
- Trade debts +€3,324
new in 2025: €3,324
- Gross operating margin -€19,923
down €19,923 (-44.1%), from €45,157 to €25,233
- Depreciation +€4,114
up €4,114 (+21.9%), from €18,790 to €22,905
- Taxes -€2,770
down €2,770 (-95.5%), from €2,902 to €132
- Other operating charges -€524
down €524 (-16.4%), from €3,189 to €2,666
- Financial charges +€487
up €487 (+6.0%), from €8,098 to €8,585
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.
Cash bridge derived
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 | €256,200 | €236,555 | -€19,646 | -7.7% |
| Fixed assets | 21/28 | €235,881 | €218,584 | -€17,298 | -7.3% |
| Tangible fixed assets | 22/27 | €233,881 | €217,917 | -€15,965 | -6.8% |
| Land and buildings | 22 | €216,887 | €201,513 | -€15,374 | -7.1% |
| Plant, machinery and equipment | 23 | €14,476 | €12,029 | -€2,448 | -16.9% |
| Furniture and vehicles | 24 | €2,518 | €4,375 | +€1,857 | +73.8% |
| Financial fixed assets | 28 | €2,000 | €667 | -€1,333 | -66.7% |
| Current assets | 29/58 | €20,319 | €17,971 | -€2,348 | -11.6% |
| Amounts receivable within one year | 40/41 | €2,202 | €2,301 | +€99 | +4.5% |
| Trade receivables | 40 | €730 | €2,301 | +€1,571 | +215.2% |
| Other amounts receivable | 41 | €1,472 | - | -€1,472 | |
| Cash at bank and in hand | 54/58 | €13,604 | €10,390 | -€3,214 | -23.6% |
| Deferred charges and accrued income | 490/1 | €4,513 | €5,280 | +€766 | +17.0% |
| Total equity and liabilities | 10/49 | €256,200 | €236,555 | -€19,646 | -7.7% |
| Equity | 10/15 | €19,581 | €10,529 | -€9,052 | -46.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,581 | €5,529 | -€9,052 | -62.1% |
| Amounts payable | 17/49 | €236,620 | €226,026 | -€10,594 | -4.5% |
| Amounts payable after more than one year | 17 | €193,559 | €180,297 | -€13,262 | -6.9% |
| Financial debts | 170/4 | €193,559 | €180,297 | -€13,262 | -6.9% |
| Amounts payable within one year | 42/48 | €34,706 | €36,883 | +€2,177 | +6.3% |
| Current portion of amounts payable after more than one year | 42 | €12,748 | €13,262 | +€514 | +4.0% |
| Trade debts | 44 | - | €3,324 | +€3,324 | |
| Suppliers | 440/4 | - | €3,324 | +€3,324 | |
| Taxes, remuneration and social security | 45 | €3,792 | €3,856 | +€65 | +1.7% |
| Taxes | 450/3 | €3,792 | €3,856 | +€65 | +1.7% |
| Other amounts payable | 47/48 | €18,167 | €16,440 | -€1,726 | -9.5% |
| Accrued charges and deferred income | 492/3 | €8,354 | €8,846 | +€491 | +5.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,790 | €22,905 | +€4,114 | +21.9% |
| Other operating charges | 640/8 | €3,189 | €2,666 | -€524 | -16.4% |
| Gross operating margin | 9900 | €45,157 | €25,233 | -€19,923 | -44.1% |
| Operating profit (loss) | 9901 | €23,177 | -€337 | -€23,514 | |
| Financial income | 75/76B | €1 | €2 | +€2 | +285.5% |
| Recurring financial income | 75 | €1 | €2 | +€2 | +285.5% |
| Financial charges | 65/66B | €8,098 | €8,585 | +€487 | +6.0% |
| Recurring financial charges | 65 | €8,098 | €8,585 | +€487 | +6.0% |
| Profit (loss) for the period before taxes | 9903 | €15,080 | -€8,920 | -€23,999 | |
| Income taxes | 67/77 | €2,902 | €132 | -€2,770 | -95.5% |
| Profit (loss) for the period | 9904 | €12,177 | -€9,052 | -€21,229 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,177 | -€9,052 | -€21,229 |
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 12 October 2026 via checked.be.