Kine Renee: 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 Renee
Largest movements
- Cash -€31,087
down €31,087 (-74.2%), from €41,899 to €10,812
mainly Contributions, distributions and other (-€55,889) and Tax, wage and social debts (-€6,815)
- Deferred charges and accrued income -€2,451
down €2,451 (-51.3%), from €4,776 to €2,325
- Receivables within one year -€2,050
down €2,050 (-28.0%), from €7,309 to €5,259
of which Other amounts receivable: -€2,277
- Tangible fixed assets +€1,695
up €1,695 (+15.2%), from €11,184 to €12,878
of which Plant, machinery and equipment: +€3,202
- Reserves -€55,889
down €55,889 (-100%), from €55,889 to €0
- Other debts +€26,466
new in 2025: €26,466
- Tax, wage and social debts -€6,815
down €6,815 (-100%), from €6,815 to €0
- Trade debts +€2,395
up €2,395 (+248%), from €964 to €3,360
- Gross operating margin -€28,637
down €28,637 (-83.1%), from €34,478 to €5,841
- Taxes -€5,847
down €5,847 (-85.8%), from €6,815 to €968
- Depreciation +€1,372
up €1,372 (+75.4%), from €1,819 to €3,191
- Financial charges +€1,192
up €1,192 (+3,056%), from €39 to €1,231
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 | €65,168 | €31,274 | -€33,893 | -52.0% |
| Fixed assets | 21/28 | €11,184 | €12,878 | +€1,695 | +15.2% |
| Tangible fixed assets | 22/27 | €11,184 | €12,878 | +€1,695 | +15.2% |
| Plant, machinery and equipment | 23 | €3,618 | €6,820 | +€3,202 | +88.5% |
| Furniture and vehicles | 24 | €3,320 | €2,259 | -€1,061 | -31.9% |
| Other tangible fixed assets | 26 | €4,246 | €3,799 | -€447 | -10.5% |
| Current assets | 29/58 | €53,984 | €18,396 | -€35,588 | -65.9% |
| Amounts receivable within one year | 40/41 | €7,309 | €5,259 | -€2,050 | -28.0% |
| Trade receivables | 40 | - | €227 | +€227 | |
| Other amounts receivable | 41 | €7,309 | €5,032 | -€2,277 | -31.2% |
| Cash at bank and in hand | 54/58 | €41,899 | €10,812 | -€31,087 | -74.2% |
| Deferred charges and accrued income | 490/1 | €4,776 | €2,325 | -€2,451 | -51.3% |
| Total equity and liabilities | 10/49 | €65,168 | €31,274 | -€33,893 | -52.0% |
| Equity | 10/15 | €57,389 | €1,448 | -€55,940 | -97.5% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €55,889 | €0 | -€55,889 | -100% |
| Distributable reserves | 133 | €55,889 | €0 | -€55,889 | -100% |
| Profit (loss) carried forward | 14 | - | -€52 | -€52 | |
| Amounts payable | 17/49 | €7,779 | €29,826 | +€22,047 | +283% |
| Amounts payable within one year | 42/48 | €7,779 | €29,826 | +€22,047 | +283% |
| Trade debts | 44 | €964 | €3,360 | +€2,395 | +248% |
| Suppliers | 440/4 | €964 | €3,360 | +€2,395 | +248% |
| Taxes, remuneration and social security | 45 | €6,815 | €0 | -€6,815 | -100% |
| Taxes | 450/3 | €6,815 | €0 | -€6,815 | -100% |
| Other amounts payable | 47/48 | - | €26,466 | +€26,466 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,819 | €3,191 | +€1,372 | +75.4% |
| Other operating charges | 640/8 | €611 | €507 | -€104 | -17.0% |
| Gross operating margin | 9900 | €34,478 | €5,841 | -€28,637 | -83.1% |
| Operating profit (loss) | 9901 | €32,048 | €2,142 | -€29,905 | -93.3% |
| Financial income | 75/76B | €111 | €5 | -€107 | -95.9% |
| Recurring financial income | 75 | €111 | €5 | -€107 | -95.9% |
| Financial charges | 65/66B | €39 | €1,231 | +€1,192 | +3,056% |
| Recurring financial charges | 65 | €39 | €1,231 | +€1,192 | +3,056% |
| Profit (loss) for the period before taxes | 9903 | €32,120 | €916 | -€31,204 | -97.1% |
| Income taxes | 67/77 | €6,815 | €968 | -€5,847 | -85.8% |
| Profit (loss) for the period | 9904 | €25,305 | -€52 | -€25,356 | |
| Profit (loss) for the period to be appropriated | 9905 | €25,305 | -€52 | -€25,356 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.