KINE-LINE: 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-LINE
Largest movements
- Cash -€21,275
down €21,275 (-51.9%), from €41,020 to €19,745
mainly Contributions, distributions and other (-€35,313) and Receivables within one year (-€3,134)
- Receivables within one year +€3,134
up €3,134 (+36.4%), from €8,613 to €11,747
of which Other amounts receivable: +€2,525
- Tangible fixed assets -€702
down €702 (-17.2%), from €4,091 to €3,388
of which Furniture and vehicles: -€412
- Profit (loss) carried forward -€17,400
down €17,400 (-39.2%), from €44,417 to €27,016
- Other debts -€1,013
down €1,013 (-65.4%), from €1,548 to €535
- Gross operating margin -€20,035
down €20,035 (-45.3%), from €44,221 to €24,187
- Staff costs -€8,615
no longer reported in 2025 (was €8,615)
- Taxes -€2,199
down €2,199 (-29.5%), from €7,460 to €5,262
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 | €53,724 | €34,880 | -€18,843 | -35.1% |
| Fixed assets | 21/28 | €4,091 | €3,388 | -€702 | -17.2% |
| Tangible fixed assets | 22/27 | €4,091 | €3,388 | -€702 | -17.2% |
| Plant, machinery and equipment | 23 | €672 | €382 | -€290 | -43.2% |
| Furniture and vehicles | 24 | €3,419 | €3,007 | -€412 | -12.1% |
| Current assets | 29/58 | €49,633 | €31,492 | -€18,141 | -36.6% |
| Amounts receivable within one year | 40/41 | €8,613 | €11,747 | +€3,134 | +36.4% |
| Trade receivables | 40 | €7,946 | €8,555 | +€609 | +7.7% |
| Other amounts receivable | 41 | €667 | €3,192 | +€2,525 | +379% |
| Cash at bank and in hand | 54/58 | €41,020 | €19,745 | -€21,275 | -51.9% |
| Total equity and liabilities | 10/49 | €53,724 | €34,880 | -€18,843 | -35.1% |
| Equity | 10/15 | €51,417 | €34,016 | -€17,400 | -33.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €4,000 | €4,000 | = | 0.0% |
| Distributable reserves | 133 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €44,417 | €27,016 | -€17,400 | -39.2% |
| Amounts payable | 17/49 | €2,307 | €864 | -€1,443 | -62.6% |
| Amounts payable within one year | 42/48 | €2,307 | €864 | -€1,443 | -62.6% |
| Trade debts | 44 | €359 | €328 | -€30 | -8.5% |
| Suppliers | 440/4 | €359 | €328 | -€30 | -8.5% |
| Taxes, remuneration and social security | 45 | €400 | - | -€400 | |
| Taxes | 450/3 | €400 | - | -€400 | |
| Other amounts payable | 47/48 | €1,548 | €535 | -€1,013 | -65.4% |
| Remuneration, social security and pensions | 62 | €8,615 | - | -€8,615 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €630 | €937 | +€307 | +48.7% |
| Other operating charges | 640/8 | €62 | - | -€62 | |
| Gross operating margin | 9900 | €44,221 | €24,187 | -€20,035 | -45.3% |
| Operating profit (loss) | 9901 | €34,914 | €23,249 | -€11,664 | -33.4% |
| Financial charges | 65/66B | €74 | €75 | +€1 | +0.9% |
| Recurring financial charges | 65 | €74 | €75 | +€1 | +0.9% |
| Profit (loss) for the period before taxes | 9903 | €34,839 | €23,174 | -€11,665 | -33.5% |
| Income taxes | 67/77 | €7,460 | €5,262 | -€2,199 | -29.5% |
| Profit (loss) for the period | 9904 | €27,379 | €17,913 | -€9,466 | -34.6% |
| Profit (loss) for the period to be appropriated | 9905 | €27,379 | €17,913 | -€9,466 | -34.6% |
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 29 October 2026 via checked.be.