KINE OPTIMOVE: 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 OPTIMOVE
Largest movements
- Tangible fixed assets +€310,415
up €310,415 (+1,047%), from €29,661 to €340,076
of which Other tangible fixed assets: +€286,387
- Cash -€9,275
down €9,275 (-21.2%), from €43,819 to €34,544
mainly Investment in fixed assets (net) (-€325,087) and Trade debts (-€2,249)
- Receivables within one year -€8,527
down €8,527 (-86.9%), from €9,810 to €1,283
of which Other amounts receivable: -€4,841
- Debts after one year +€245,263
new in 2025: €245,263
- Profit (loss) carried forward +€22,442
up €22,442 (+239%), from €9,387 to €31,829
- Current portion of long-term debt +€11,737
new in 2025: €11,737
- Other debts +€9,335
up €9,335 (+15.3%), from €61,080 to €70,416
- Gross operating margin +€30,756
up €30,756 (+168%), from €18,305 to €49,061
- Depreciation +€13,625
up €13,625 (+1,093%), from €1,247 to €14,872
- Other operating charges +€2,172
up €2,172 (+269%), from €809 to €2,981
- Financial charges +€1,930
up €1,930 (+119%), from €1,628 to €3,558
- Taxes +€1,610
up €1,610 (+44.6%), from €3,610 to €5,220
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 | €85,416 | €376,773 | +€291,357 | +341% |
| Formation expenses | 20 | €605 | €405 | -€200 | -33.1% |
| Fixed assets | 21/28 | €29,661 | €340,076 | +€310,415 | +1,047% |
| Tangible fixed assets | 22/27 | €29,661 | €340,076 | +€310,415 | +1,047% |
| Plant, machinery and equipment | 23 | €5,032 | €17,111 | +€12,079 | +240% |
| Furniture and vehicles | 24 | €553 | €12,502 | +€11,949 | +2,159% |
| Other tangible fixed assets | 26 | €24,076 | €310,463 | +€286,387 | +1,190% |
| Current assets | 29/58 | €55,150 | €36,293 | -€18,858 | -34.2% |
| Amounts receivable within one year | 40/41 | €9,810 | €1,283 | -€8,527 | -86.9% |
| Trade receivables | 40 | €4,969 | €1,283 | -€3,686 | -74.2% |
| Other amounts receivable | 41 | €4,841 | €0 | -€4,841 | -100% |
| Cash at bank and in hand | 54/58 | €43,819 | €34,544 | -€9,275 | -21.2% |
| Deferred charges and accrued income | 490/1 | €1,521 | €466 | -€1,055 | -69.4% |
| Total equity and liabilities | 10/49 | €85,416 | €376,773 | +€291,357 | +341% |
| Equity | 10/15 | €19,387 | €41,829 | +€22,442 | +116% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,387 | €31,829 | +€22,442 | +239% |
| Amounts payable | 17/49 | €66,029 | €334,944 | +€268,915 | +407% |
| Amounts payable after more than one year | 17 | - | €245,263 | +€245,263 | |
| Financial debts | 170/4 | - | €245,263 | +€245,263 | |
| Amounts payable within one year | 42/48 | €66,029 | €87,478 | +€21,449 | +32.5% |
| Current portion of amounts payable after more than one year | 42 | - | €11,737 | +€11,737 | |
| Trade debts | 44 | €4,339 | €2,090 | -€2,249 | -51.8% |
| Suppliers | 440/4 | €4,339 | €2,090 | -€2,249 | -51.8% |
| Taxes, remuneration and social security | 45 | €610 | €3,235 | +€2,625 | +430% |
| Taxes | 450/3 | €610 | €1,235 | +€625 | +102% |
| Remuneration and social security | 454/9 | - | €2,000 | +€2,000 | |
| Other amounts payable | 47/48 | €61,080 | €70,416 | +€9,335 | +15.3% |
| Accrued charges and deferred income | 492/3 | - | €2,204 | +€2,204 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,247 | €14,872 | +€13,625 | +1,093% |
| Other operating charges | 640/8 | €809 | €2,981 | +€2,172 | +269% |
| Gross operating margin | 9900 | €18,305 | €49,061 | +€30,756 | +168% |
| Operating profit (loss) | 9901 | €16,250 | €31,209 | +€14,959 | +92.1% |
| Financial income | 75/76B | €0 | €12 | +€11 | +4,528% |
| Recurring financial income | 75 | €0 | €12 | +€11 | +4,528% |
| Financial charges | 65/66B | €1,628 | €3,558 | +€1,930 | +119% |
| Recurring financial charges | 65 | €1,628 | €3,558 | +€1,930 | +119% |
| Profit (loss) for the period before taxes | 9903 | €14,622 | €27,662 | +€13,040 | +89.2% |
| Income taxes | 67/77 | €3,610 | €5,220 | +€1,610 | +44.6% |
| Profit (loss) for the period | 9904 | €11,012 | €22,442 | +€11,430 | +104% |
| Profit (loss) for the period to be appropriated | 9905 | €11,012 | €22,442 | +€11,430 | +104% |
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 26 October 2026 via checked.be.