KINE-MANI: 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-MANI
Largest movements
- Cash +€146,536
up €146,536 (+50.5%), from €290,164 to €436,700
mainly Net result for the year (+€111,856) and Receivables within one year (+€34,984)
- Receivables within one year -€34,984
down €34,984 (-90.6%), from €38,596 to €3,612
of which Other amounts receivable: -€23,743
- Tangible fixed assets -€6,738
down €6,738 (-2.9%), from €234,798 to €228,060
of which Other tangible fixed assets: -€3,394
- Reserves +€115,000
up €115,000 (+31.5%), from €365,543 to €480,543
of which Distributable reserves: +€115,000
- Other debts +€26,890
new in 2025: €26,890
- Debts after one year -€14,295
down €14,295 (-12.5%), from €114,604 to €100,308
- Accrued charges and deferred income -€10,610
down €10,610 (-74.1%), from €14,313 to €3,702
- Gross operating margin -€13,408
down €13,408 (-7.8%), from €172,926 to €159,517
- Financial charges -€3,762
down €3,762 (-62.0%), from €6,062 to €2,301
- Other operating charges +€3,730
up €3,730 (+106%), from €3,526 to €7,255
- Depreciation -€2,789
down €2,789 (-29.3%), from €9,528 to €6,738
- Taxes -€2,334
down €2,334 (-6.9%), from €33,722 to €31,388
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 | €564,703 | €672,661 | +€107,958 | +19.1% |
| Fixed assets | 21/28 | €234,798 | €228,060 | -€6,738 | -2.9% |
| Tangible fixed assets | 22/27 | €234,798 | €228,060 | -€6,738 | -2.9% |
| Land and buildings | 22 | €216,096 | €214,316 | -€1,780 | -0.8% |
| Plant, machinery and equipment | 23 | €718 | €188 | -€530 | -73.9% |
| Furniture and vehicles | 24 | €1,046 | €12 | -€1,034 | -98.9% |
| Other tangible fixed assets | 26 | €16,939 | €13,545 | -€3,394 | -20.0% |
| Current assets | 29/58 | €329,905 | €444,601 | +€114,696 | +34.8% |
| Amounts receivable within one year | 40/41 | €38,596 | €3,612 | -€34,984 | -90.6% |
| Trade receivables | 40 | €11,241 | - | -€11,241 | |
| Other amounts receivable | 41 | €27,355 | €3,612 | -€23,743 | -86.8% |
| Cash at bank and in hand | 54/58 | €290,164 | €436,700 | +€146,536 | +50.5% |
| Deferred charges and accrued income | 490/1 | €1,145 | €4,289 | +€3,143 | +274% |
| Total equity and liabilities | 10/49 | €564,703 | €672,661 | +€107,958 | +19.1% |
| Equity | 10/15 | €408,609 | €520,466 | +€111,856 | +27.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Revaluation surpluses | 12 | €18,575 | €18,575 | = | 0.0% |
| Reserves | 13 | €365,543 | €480,543 | +€115,000 | +31.5% |
| Tax-exempt reserves | 132 | €543 | €543 | = | 0.0% |
| Distributable reserves | 133 | €365,000 | €480,000 | +€115,000 | +31.5% |
| Profit (loss) carried forward | 14 | €4,492 | €1,348 | -€3,144 | -70.0% |
| Amounts payable | 17/49 | €156,094 | €152,195 | -€3,899 | -2.5% |
| Amounts payable after more than one year | 17 | €114,604 | €100,308 | -€14,295 | -12.5% |
| Financial debts | 170/4 | €114,604 | €100,308 | -€14,295 | -12.5% |
| Amounts payable within one year | 42/48 | €27,178 | €48,184 | +€21,007 | +77.3% |
| Current portion of amounts payable after more than one year | 42 | €14,905 | €15,117 | +€212 | +1.4% |
| Trade debts | 44 | €9,323 | €4,228 | -€5,095 | -54.7% |
| Suppliers | 440/4 | €9,323 | €4,228 | -€5,095 | -54.7% |
| Taxes, remuneration and social security | 45 | €2,950 | €1,950 | -€1,000 | -33.9% |
| Taxes | 450/3 | €1,950 | €1,950 | = | 0.0% |
| Remuneration and social security | 454/9 | €1,000 | - | -€1,000 | |
| Other amounts payable | 47/48 | - | €26,890 | +€26,890 | |
| Accrued charges and deferred income | 492/3 | €14,313 | €3,702 | -€10,610 | -74.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,528 | €6,738 | -€2,789 | -29.3% |
| Other operating charges | 640/8 | €3,526 | €7,255 | +€3,730 | +106% |
| Gross operating margin | 9900 | €172,926 | €159,517 | -€13,408 | -7.8% |
| Operating profit (loss) | 9901 | €159,873 | €145,524 | -€14,348 | -9.0% |
| Financial income | 75/76B | €4 | €21 | +€17 | +372% |
| Recurring financial income | 75 | €4 | €21 | +€17 | +372% |
| Financial charges | 65/66B | €6,062 | €2,301 | -€3,762 | -62.0% |
| Recurring financial charges | 65 | €6,062 | €2,301 | -€3,762 | -62.0% |
| Profit (loss) for the period before taxes | 9903 | €153,815 | €143,244 | -€10,570 | -6.9% |
| Income taxes | 67/77 | €33,722 | €31,388 | -€2,334 | -6.9% |
| Profit (loss) for the period | 9904 | €120,093 | €111,856 | -€8,236 | -6.9% |
| Profit (loss) for the period to be appropriated | 9905 | €120,093 | €111,856 | -€8,236 | -6.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.