Kine@MH: 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@MH
Largest movements
- Cash +€15,190
up €15,190 (+368.6%), from €4,121 to €19,310
mainly Net result for the year (+€16,913) and Deferred charges and accrued income (+€4,050)
- Deferred charges and accrued income -€4,050
down €4,050 (-91.2%), from €4,441 to €391
- Receivables within one year -€1,376
down €1,376 (-10.9%), from €12,576 to €11,200
of which Trade receivables: -€1,521
- Tangible fixed assets -€1,199
down €1,199 (-16.0%), from €7,478 to €6,279
- Profit (loss) carried forward +€16,913
up €16,913 (+254.6%), from €6,643 to €23,556
- Trade debts -€7,071
down €7,071 (-63.0%), from €11,217 to €4,146
- Tax, wage and social debts -€1,125
down €1,125 (-17.0%), from €6,604 to €5,479
- Gross operating margin +€14,084
up €14,084 (+130.6%), from €10,784 to €24,869
- Taxes +€2,858
up €2,858 (+109.7%), from €2,604 to €5,463
- Depreciation +€1,192
up €1,192 (+104.1%), from €1,146 to €2,338
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 | €28,616 | €37,181 | +€8,565 | +29.9% |
| Fixed assets | 21/28 | €7,478 | €6,279 | -€1,199 | -16.0% |
| Tangible fixed assets | 22/27 | €7,478 | €6,279 | -€1,199 | -16.0% |
| Furniture and vehicles | 24 | €7,478 | €6,279 | -€1,199 | -16.0% |
| Current assets | 29/58 | €21,138 | €30,902 | +€9,764 | +46.2% |
| Amounts receivable within one year | 40/41 | €12,576 | €11,200 | -€1,376 | -10.9% |
| Trade receivables | 40 | €5,769 | €4,248 | -€1,521 | -26.4% |
| Other amounts receivable | 41 | €6,807 | €6,952 | +€145 | +2.1% |
| Cash at bank and in hand | 54/58 | €4,121 | €19,310 | +€15,190 | +368.6% |
| Deferred charges and accrued income | 490/1 | €4,441 | €391 | -€4,050 | -91.2% |
| Total equity and liabilities | 10/49 | €28,616 | €37,181 | +€8,565 | +29.9% |
| Equity | 10/15 | €10,643 | €27,556 | +€16,913 | +158.9% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,643 | €23,556 | +€16,913 | +254.6% |
| Amounts payable | 17/49 | €17,973 | €9,625 | -€8,348 | -46.4% |
| Amounts payable within one year | 42/48 | €17,821 | €9,625 | -€8,196 | -46.0% |
| Trade debts | 44 | €11,217 | €4,146 | -€7,071 | -63.0% |
| Suppliers | 440/4 | €11,217 | €4,146 | -€7,071 | -63.0% |
| Taxes, remuneration and social security | 45 | €6,604 | €5,479 | -€1,125 | -17.0% |
| Taxes | 450/3 | €6,604 | €5,479 | -€1,125 | -17.0% |
| Accrued charges and deferred income | 492/3 | €152 | - | -€152 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,146 | €2,338 | +€1,192 | +104.1% |
| Other operating charges | 640/8 | €508 | €465 | -€43 | -8.4% |
| Gross operating margin | 9900 | €10,784 | €24,869 | +€14,084 | +130.6% |
| Operating profit (loss) | 9901 | €9,130 | €22,065 | +€12,935 | +141.7% |
| Financial income | 75/76B | €153 | €382 | +€229 | +149.4% |
| Recurring financial income | 75 | €153 | €382 | +€229 | +149.4% |
| Financial charges | 65/66B | €36 | €72 | +€36 | +99.6% |
| Recurring financial charges | 65 | €36 | €72 | +€36 | +99.6% |
| Profit (loss) for the period before taxes | 9903 | €9,247 | €22,375 | +€13,128 | +142.0% |
| Income taxes | 67/77 | €2,604 | €5,463 | +€2,858 | +109.7% |
| Profit (loss) for the period | 9904 | €6,643 | €16,913 | +€10,270 | +154.6% |
| Profit (loss) for the period to be appropriated | 9905 | €6,643 | €16,913 | +€10,270 | +154.6% |
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 11 October 2026 via checked.be.