Kine Milde: 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 Milde
Largest movements
- Cash -€55,398
down €55,398 (-69.3%), from €79,993 to €24,595
mainly Contributions, distributions and other (-€65,000) and Other debts (-€29,952)
- Tangible fixed assets -€7,727
down €7,727 (-5.5%), from €139,562 to €131,835
of which Land and buildings: -€8,958
- Receivables within one year +€3,147
up €3,147 (+19.6%), from €16,026 to €19,173
of which Trade receivables: +€3,034
- Other debts -€29,952
down €29,952 (-93.4%), from €32,064 to €2,112
- Profit (loss) carried forward -€21,860
down €21,860 (-45.4%), from €48,164 to €26,304
- Debts after one year -€8,301
down €8,301 (-6.7%), from €123,657 to €115,356
- Gross operating margin -€2,216
down €2,216 (-3.0%), from €74,515 to €72,299
- Depreciation -€1,776
down €1,776 (-12.9%), from €13,742 to €11,966
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 | €235,581 | €175,603 | -€59,978 | -25.5% |
| Fixed assets | 21/28 | €139,562 | €131,835 | -€7,727 | -5.5% |
| Tangible fixed assets | 22/27 | €139,562 | €131,835 | -€7,727 | -5.5% |
| Land and buildings | 22 | €135,945 | €126,987 | -€8,958 | -6.6% |
| Plant, machinery and equipment | 23 | €562 | €1,073 | +€511 | +90.9% |
| Furniture and vehicles | 24 | €3,055 | €3,775 | +€720 | +23.6% |
| Current assets | 29/58 | €96,019 | €43,768 | -€52,251 | -54.4% |
| Amounts receivable within one year | 40/41 | €16,026 | €19,173 | +€3,147 | +19.6% |
| Trade receivables | 40 | €16,026 | €19,060 | +€3,034 | +18.9% |
| Other amounts receivable | 41 | - | €113 | +€113 | |
| Cash at bank and in hand | 54/58 | €79,993 | €24,595 | -€55,398 | -69.3% |
| Total equity and liabilities | 10/49 | €235,581 | €175,603 | -€59,978 | -25.5% |
| Equity | 10/15 | €68,164 | €46,304 | -€21,860 | -32.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €48,164 | €26,304 | -€21,860 | -45.4% |
| Amounts payable | 17/49 | €167,417 | €129,299 | -€38,118 | -22.8% |
| Amounts payable after more than one year | 17 | €123,657 | €115,356 | -€8,301 | -6.7% |
| Financial debts | 170/4 | €123,657 | €115,356 | -€8,301 | -6.7% |
| Amounts payable within one year | 42/48 | €43,760 | €13,943 | -€29,817 | -68.1% |
| Financial debts | 43 | €8,167 | €8,302 | +€135 | +1.7% |
| Credit institutions | 430/8 | €8,167 | €8,302 | +€135 | +1.7% |
| Trade debts | 44 | €529 | €529 | = | 0.0% |
| Suppliers | 440/4 | €529 | €529 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €3,000 | €3,000 | = | 0.0% |
| Taxes | 450/3 | €3,000 | €3,000 | = | 0.0% |
| Other amounts payable | 47/48 | €32,064 | €2,112 | -€29,952 | -93.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,742 | €11,966 | -€1,776 | -12.9% |
| Gross operating margin | 9900 | €74,515 | €72,299 | -€2,216 | -3.0% |
| Operating profit (loss) | 9901 | €60,773 | €60,333 | -€440 | -0.7% |
| Financial charges | 65/66B | €2,453 | €2,306 | -€147 | -6.0% |
| Recurring financial charges | 65 | €2,453 | €2,306 | -€147 | -6.0% |
| Profit (loss) for the period before taxes | 9903 | €58,320 | €58,027 | -€293 | -0.5% |
| Income taxes | 67/77 | €15,480 | €14,887 | -€593 | -3.8% |
| Profit (loss) for the period | 9904 | €42,840 | €43,140 | +€300 | +0.7% |
| Profit (loss) for the period to be appropriated | 9905 | €42,840 | €43,140 | +€300 | +0.7% |
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 27 October 2026 via checked.be.