Kiné Place: what changed
Kiné Place
Largest movements
- Receivables within one year +€13,511
up €13,511 (+159%), from €8,519 to €22,030
of which Trade receivables: +€13,511
- Tangible fixed assets +€3,935
up €3,935 (+120%), from €3,274 to €7,209
of which Plant, machinery and equipment: +€3,655
- Current investments +€3,416
new in 2025: €3,416
- Cash +€2,313
up €2,313 (+4.2%), from €55,552 to €57,866
mainly Net result for the year (+€26,586) and Other debts (+€4,536)
- Reserves +€25,753
up €25,753 (+55.1%), from €46,769 to €72,522
- Other debts +€4,536
up €4,536 (+545%), from €833 to €5,369
- Tax, wage and social debts -€4,203
down €4,203 (-26.0%), from €16,157 to €11,953
- Accrued charges and deferred income -€3,472
down €3,472 (-95.0%), from €3,656 to €184
- Trade debts +€1,480
up €1,480 (+447%), from €331 to €1,811
- Gross operating margin -€13,829
down €13,829 (-25.4%), from €54,344 to €40,516
- Taxes -€4,218
down €4,218 (-28.1%), from €15,002 to €10,783
- Financial charges +€1,372
up €1,372 (+13,718,300%), from €0 to €1,372
- Depreciation +€723
up €723 (+78.2%), from €924 to €1,647
- Other operating charges -€553
down €553 (-81.2%), from €681 to €128
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €67,846 | €91,939 | +€24,093 | +35.5% |
| Fixed assets | 21/28 | €3,774 | €7,709 | +€3,935 | +104% |
| Tangible fixed assets | 22/27 | €3,274 | €7,209 | +€3,935 | +120% |
| Plant, machinery and equipment | 23 | - | €3,655 | +€3,655 | |
| Furniture and vehicles | 24 | €3,274 | €1,875 | -€1,399 | -42.7% |
| Other tangible fixed assets | 26 | - | €1,679 | +€1,679 | |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €64,071 | €84,230 | +€20,159 | +31.5% |
| Amounts receivable within one year | 40/41 | €8,519 | €22,030 | +€13,511 | +159% |
| Trade receivables | 40 | €6,519 | €20,030 | +€13,511 | +207% |
| Other amounts receivable | 41 | €2,000 | €2,000 | = | 0.0% |
| Current investments | 50/53 | - | €3,416 | +€3,416 | |
| Cash at bank and in hand | 54/58 | €55,552 | €57,866 | +€2,313 | +4.2% |
| Deferred charges and accrued income | 490/1 | - | €919 | +€919 | |
| Total equity and liabilities | 10/49 | €67,846 | €91,939 | +€24,093 | +35.5% |
| Equity | 10/15 | €46,869 | €72,622 | +€25,753 | +54.9% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €46,769 | €72,522 | +€25,753 | +55.1% |
| Distributable reserves | 133 | €46,769 | €72,522 | +€25,753 | +55.1% |
| Amounts payable | 17/49 | €20,977 | €19,317 | -€1,660 | -7.9% |
| Amounts payable within one year | 42/48 | €17,321 | €19,134 | +€1,813 | +10.5% |
| Trade debts | 44 | €331 | €1,811 | +€1,480 | +447% |
| Suppliers | 440/4 | €331 | €1,811 | +€1,480 | +447% |
| Taxes, remuneration and social security | 45 | €16,157 | €11,953 | -€4,203 | -26.0% |
| Taxes | 450/3 | €16,157 | €11,953 | -€4,203 | -26.0% |
| Other amounts payable | 47/48 | €833 | €5,369 | +€4,536 | +545% |
| Accrued charges and deferred income | 492/3 | €3,656 | €184 | -€3,472 | -95.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €924 | €1,647 | +€723 | +78.2% |
| Other operating charges | 640/8 | €681 | €128 | -€553 | -81.2% |
| Gross operating margin | 9900 | €54,344 | €40,516 | -€13,829 | -25.4% |
| Operating profit (loss) | 9901 | €52,739 | €38,741 | -€13,998 | -26.5% |
| Financial charges | 65/66B | €0 | €1,372 | +€1,372 | +13,718,300% |
| Recurring financial charges | 65 | €0 | €1,372 | +€1,372 | +13,718,300% |
| Profit (loss) for the period before taxes | 9903 | €52,739 | €37,369 | -€15,370 | -29.1% |
| Income taxes | 67/77 | €15,002 | €10,783 | -€4,218 | -28.1% |
| Profit (loss) for the period | 9904 | €37,738 | €26,586 | -€11,152 | -29.6% |
| Profit (loss) for the period to be appropriated | 9905 | €37,738 | €26,586 | -€11,152 | -29.6% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.