KINE-REVA: 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-REVA
Largest movements
- Cash +€23,220
up €23,220 (+154%), from €15,061 to €38,282
mainly Net result for the year (+€39,844) and Depreciation (+€15,541)
- Tangible fixed assets +€5,356
up €5,356 (+2.6%), from €205,875 to €211,232
of which Other tangible fixed assets: +€13,911
- Deferred charges and accrued income -€3,211
down €3,211 (-38.2%), from €8,416 to €5,205
- Reserves +€26,987
up €26,987 (+20.6%), from €131,097 to €158,084
- Debts after one year -€13,889
down €13,889 (-28.6%), from €48,516 to €34,626
- Tax, wage and social debts +€11,257
up €11,257 (+248%), from €4,537 to €15,793
of which Taxes: +€12,757
- Current portion of long-term debt +€6,723
up €6,723 (+29.9%), from €22,490 to €29,213
- Trade debts -€6,132
down €6,132 (-60.7%), from €10,107 to €3,975
- Gross operating margin +€31,408
up €31,408 (+61.9%), from €50,738 to €82,146
- Taxes +€8,843
up €8,843 (+97.8%), from €9,040 to €17,883
- Financial charges -€2,135
down €2,135 (-23.5%), from €9,078 to €6,944
- Depreciation +€1,159
up €1,159 (+8.1%), from €14,382 to €15,541
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 | €235,436 | €260,291 | +€24,855 | +10.6% |
| Fixed assets | 21/28 | €205,875 | €211,232 | +€5,356 | +2.6% |
| Tangible fixed assets | 22/27 | €205,875 | €211,232 | +€5,356 | +2.6% |
| Land and buildings | 22 | €186,653 | €178,264 | -€8,389 | -4.5% |
| Furniture and vehicles | 24 | €3,942 | €3,776 | -€166 | -4.2% |
| Other tangible fixed assets | 26 | €15,281 | €29,192 | +€13,911 | +91.0% |
| Current assets | 29/58 | €29,560 | €49,059 | +€19,499 | +66.0% |
| Amounts receivable within one year | 40/41 | €6,083 | €5,573 | -€510 | -8.4% |
| Trade receivables | 40 | €6,083 | €5,573 | -€510 | -8.4% |
| Cash at bank and in hand | 54/58 | €15,061 | €38,282 | +€23,220 | +154% |
| Deferred charges and accrued income | 490/1 | €8,416 | €5,205 | -€3,211 | -38.2% |
| Total equity and liabilities | 10/49 | €235,436 | €260,291 | +€24,855 | +10.6% |
| Equity | 10/15 | €149,697 | €176,684 | +€26,987 | +18.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €131,097 | €158,084 | +€26,987 | +20.6% |
| Distributable reserves | 133 | €131,097 | €158,084 | +€26,987 | +20.6% |
| Amounts payable | 17/49 | €85,739 | €83,607 | -€2,132 | -2.5% |
| Amounts payable after more than one year | 17 | €48,516 | €34,626 | -€13,889 | -28.6% |
| Financial debts | 170/4 | €48,516 | €34,626 | -€13,889 | -28.6% |
| Amounts payable within one year | 42/48 | €37,133 | €48,981 | +€11,848 | +31.9% |
| Current portion of amounts payable after more than one year | 42 | €22,490 | €29,213 | +€6,723 | +29.9% |
| Trade debts | 44 | €10,107 | €3,975 | -€6,132 | -60.7% |
| Suppliers | 440/4 | €10,107 | €3,975 | -€6,132 | -60.7% |
| Taxes, remuneration and social security | 45 | €4,537 | €15,793 | +€11,257 | +248% |
| Taxes | 450/3 | €3,037 | €15,793 | +€12,757 | +420% |
| Remuneration and social security | 454/9 | €1,500 | - | -€1,500 | |
| Accrued charges and deferred income | 492/3 | €90 | - | -€90 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,382 | €15,541 | +€1,159 | +8.1% |
| Other operating charges | 640/8 | €1,963 | €1,965 | +€2 | +0.1% |
| Gross operating margin | 9900 | €50,738 | €82,146 | +€31,408 | +61.9% |
| Operating profit (loss) | 9901 | €34,393 | €64,639 | +€30,247 | +87.9% |
| Financial income | 75/76B | €12 | €31 | +€20 | +170% |
| Recurring financial income | 75 | €12 | €31 | +€20 | +170% |
| Financial charges | 65/66B | €9,078 | €6,944 | -€2,135 | -23.5% |
| Recurring financial charges | 65 | €9,078 | €6,944 | -€2,135 | -23.5% |
| Profit (loss) for the period before taxes | 9903 | €25,326 | €57,727 | +€32,401 | +128% |
| Income taxes | 67/77 | €9,040 | €17,883 | +€8,843 | +97.8% |
| Profit (loss) for the period | 9904 | €16,286 | €39,844 | +€23,559 | +145% |
| Profit (loss) for the period to be appropriated | 9905 | €16,286 | €39,844 | +€23,559 | +145% |
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 30 October 2026 via checked.be.