KINE - PERF: 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 - PERF
Largest movements
- Intangible fixed assets -€10,718
down €10,718 (-48.8%), from €21,969 to €11,251
- Tangible fixed assets -€8,723
down €8,723 (-3.4%), from €256,452 to €247,729
of which Land and buildings: -€7,349
- Debts after one year -€24,543
down €24,543 (-11.4%), from €216,146 to €191,603
- Reserves +€9,947
new in 2025: €9,947
- Other debts -€6,231
down €6,231 (-14.0%), from €44,600 to €38,370
- Current portion of long-term debt -€3,264
down €3,264 (-11.7%), from €27,807 to €24,543
- Depreciation +€5,324
up €5,324 (+24.3%), from €21,882 to €27,207
- Financial charges +€1,885
up €1,885 (+30.7%), from €6,138 to €8,023
- Taxes +€1,140
up €1,140 (+17.5%), from €6,507 to €7,647
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 | €302,055 | €280,431 | -€21,624 | -7.2% |
| Fixed assets | 21/28 | €278,571 | €259,131 | -€19,441 | -7.0% |
| Intangible fixed assets | 21 | €21,969 | €11,251 | -€10,718 | -48.8% |
| Tangible fixed assets | 22/27 | €256,452 | €247,729 | -€8,723 | -3.4% |
| Land and buildings | 22 | €246,445 | €239,095 | -€7,349 | -3.0% |
| Furniture and vehicles | 24 | €10,008 | €8,634 | -€1,374 | -13.7% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €23,484 | €21,301 | -€2,183 | -9.3% |
| Amounts receivable within one year | 40/41 | €2,606 | €553 | -€2,054 | -78.8% |
| Trade receivables | 40 | €2,006 | €552 | -€1,454 | -72.5% |
| Other amounts receivable | 41 | €600 | €1 | -€599 | -99.8% |
| Cash at bank and in hand | 54/58 | €11,377 | €13,101 | +€1,724 | +15.2% |
| Deferred charges and accrued income | 490/1 | €9,501 | €7,647 | -€1,854 | -19.5% |
| Total equity and liabilities | 10/49 | €302,055 | €280,431 | -€21,624 | -7.2% |
| Equity | 10/15 | €6,530 | €16,476 | +€9,947 | +152.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | - | €9,947 | +€9,947 | |
| Distributable reserves | 133 | - | €9,947 | +€9,947 | |
| Profit (loss) carried forward | 14 | €1,530 | €1,530 | = | 0.0% |
| Amounts payable | 17/49 | €295,526 | €263,955 | -€31,571 | -10.7% |
| Amounts payable after more than one year | 17 | €216,146 | €191,603 | -€24,543 | -11.4% |
| Financial debts | 170/4 | €216,146 | €191,603 | -€24,543 | -11.4% |
| Amounts payable within one year | 42/48 | €79,380 | €72,352 | -€7,028 | -8.9% |
| Current portion of amounts payable after more than one year | 42 | €27,807 | €24,543 | -€3,264 | -11.7% |
| Financial debts | 43 | €587 | €1,530 | +€943 | +160.5% |
| Credit institutions | 430/8 | €587 | €1,530 | +€943 | +160.5% |
| Trade debts | 44 | €3,085 | €3,958 | +€872 | +28.3% |
| Suppliers | 440/4 | €3,085 | €3,958 | +€872 | +28.3% |
| Taxes, remuneration and social security | 45 | €3,300 | €3,952 | +€652 | +19.8% |
| Taxes | 450/3 | €3,300 | €3,952 | +€652 | +19.8% |
| Other amounts payable | 47/48 | €44,600 | €38,370 | -€6,231 | -14.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,882 | €27,207 | +€5,324 | +24.3% |
| Other operating charges | 640/8 | €2,014 | €2,431 | +€417 | +20.7% |
| Gross operating margin | 9900 | €55,296 | €55,254 | -€42 | -0.1% |
| Operating profit (loss) | 9901 | €31,400 | €25,616 | -€5,784 | -18.4% |
| Financial income | 75/76B | €4 | €0 | -€4 | -98.2% |
| Recurring financial income | 75 | €4 | €0 | -€4 | -98.2% |
| Financial charges | 65/66B | €6,138 | €8,023 | +€1,885 | +30.7% |
| Recurring financial charges | 65 | €6,138 | €8,023 | +€1,885 | +30.7% |
| Profit (loss) for the period before taxes | 9903 | €25,266 | €17,593 | -€7,673 | -30.4% |
| Income taxes | 67/77 | €6,507 | €7,647 | +€1,140 | +17.5% |
| Profit (loss) for the period | 9904 | €18,760 | €9,947 | -€8,813 | -47.0% |
| Profit (loss) for the period to be appropriated | 9905 | €18,760 | €9,947 | -€8,813 | -47.0% |
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 12 October 2026 via checked.be.