KINE NAIM: 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 NAIM
Largest movements
- Cash -€16,700
down €16,700 (-45.5%), from €36,700 to €19,999
mainly Investment in fixed assets (net) (-€6,999) and Tax, wage and social debts (-€3,632)
- Tangible fixed assets +€4,830
up €4,830 (+106%), from €4,566 to €9,396
of which Plant, machinery and equipment: +€4,213
- Receivables within one year +€3,000
up €3,000 (+17,647%), from €17 to €3,017
of which Other amounts receivable: +€3,000
- Tax, wage and social debts -€3,632
no longer reported in 2025 (was €3,632)
- Other debts -€2,310
down €2,310 (-13.2%), from €17,439 to €15,129
- Trade debts -€1,794
down €1,794 (-99.3%), from €1,807 to €13
- Profit (loss) carried forward -€1,134
down €1,134 (-8.5%), from €13,405 to €12,271
- Turnover -€59,795
no longer reported in 2025 (was €59,795)
- Purchases and services -€40,826
no longer reported in 2025 (was €40,826)
- Gross operating margin -€15,946
down €15,946 (-84.1%), from €18,969 to €3,023
- Taxes -€3,632
down €3,632, from €3,380 to -€252
- Staff costs +€1,695
new in 2025: €1,695
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 | €41,283 | €32,413 | -€8,870 | -21.5% |
| Fixed assets | 21/28 | €4,566 | €9,396 | +€4,830 | +106% |
| Tangible fixed assets | 22/27 | €4,566 | €9,396 | +€4,830 | +106% |
| Plant, machinery and equipment | 23 | €3,584 | €7,798 | +€4,213 | +118% |
| Furniture and vehicles | 24 | €982 | €1,599 | +€617 | +62.8% |
| Current assets | 29/58 | €36,717 | €23,016 | -€13,700 | -37.3% |
| Amounts receivable within one year | 40/41 | €17 | €3,017 | +€3,000 | +17,647% |
| Trade receivables | 40 | €17 | €17 | = | 0.0% |
| Other amounts receivable | 41 | - | €3,000 | +€3,000 | |
| Cash at bank and in hand | 54/58 | €36,700 | €19,999 | -€16,700 | -45.5% |
| Total equity and liabilities | 10/49 | €41,283 | €32,413 | -€8,870 | -21.5% |
| Equity | 10/15 | €18,405 | €17,271 | -€1,134 | -6.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,405 | €12,271 | -€1,134 | -8.5% |
| Amounts payable | 17/49 | €22,878 | €15,142 | -€7,736 | -33.8% |
| Amounts payable within one year | 42/48 | €22,878 | €15,142 | -€7,736 | -33.8% |
| Trade debts | 44 | €1,807 | €13 | -€1,794 | -99.3% |
| Suppliers | 440/4 | €1,807 | €13 | -€1,794 | -99.3% |
| Taxes, remuneration and social security | 45 | €3,632 | - | -€3,632 | |
| Taxes | 450/3 | €3,632 | - | -€3,632 | |
| Other amounts payable | 47/48 | €17,439 | €15,129 | -€2,310 | -13.2% |
| Turnover | 70 | €59,795 | - | -€59,795 | |
| Goods, raw materials, services and sundry goods | 60/61 | €40,826 | - | -€40,826 | |
| Remuneration, social security and pensions | 62 | - | €1,695 | +€1,695 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,859 | €2,169 | +€310 | +16.7% |
| Other operating charges | 640/8 | €272 | €400 | +€128 | +47.0% |
| Gross operating margin | 9900 | €18,969 | €3,023 | -€15,946 | -84.1% |
| Operating profit (loss) | 9901 | €16,838 | -€1,240 | -€18,079 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €53 | €146 | +€92 | +173% |
| Recurring financial charges | 65 | €53 | €146 | +€92 | +173% |
| Profit (loss) for the period before taxes | 9903 | €16,785 | -€1,386 | -€18,171 | |
| Income taxes | 67/77 | €3,380 | -€252 | -€3,632 | |
| Profit (loss) for the period | 9904 | €13,405 | -€1,134 | -€14,539 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,405 | -€1,134 | -€14,539 |
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 21 October 2026 via checked.be.