Kine TAB: 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 TAB
Largest movements
- Tangible fixed assets -€25,830
down €25,830 (-25.6%), from €100,926 to €75,096
of which Furniture and vehicles: -€24,359
- Deferred charges and accrued income +€25,098
up €25,098 (+148%), from €16,949 to €42,047
- Receivables after one year -€25,000
no longer reported in 2025 (was €25,000)
- Financial fixed assets +€16,667
up €16,667 (+44.4%), from €37,500 to €54,167
- Cash -€8,539
down €8,539 (-6.5%), from €130,402 to €121,863
mainly Contributions, distributions and other (-€220,000) and Deferred charges and accrued income (-€25,098)
- Reserves -€112,560
down €112,560 (-63.7%), from €176,572 to €64,012
of which Distributable reserves: -€112,560
- Other debts +€111,321
up €111,321 (+16,592%), from €671 to €111,992
- Debts after one year -€16,257
down €16,257 (-33.8%), from €48,048 to €31,791
- Trade debts +€5,678
up €5,678 (+16.0%), from €35,547 to €41,225
- Tax, wage and social debts -€5,190
down €5,190 (-11.7%), from €44,186 to €38,996
of which Taxes: -€5,314
- Gross operating margin +€22,420
up €22,420 (+17.4%), from €128,921 to €151,341
- Financial income +€16,602
up €16,602 (+25,676%), from €65 to €16,667
- Depreciation +€8,420
up €8,420 (+39.3%), from €21,433 to €29,854
- Taxes +€3,646
up €3,646 (+16.7%), from €21,889 to €25,534
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 | €328,292 | €310,274 | -€18,018 | -5.5% |
| Fixed assets | 21/28 | €138,426 | €129,262 | -€9,164 | -6.6% |
| Tangible fixed assets | 22/27 | €100,926 | €75,096 | -€25,830 | -25.6% |
| Plant, machinery and equipment | 23 | €12,132 | €11,189 | -€943 | -7.8% |
| Furniture and vehicles | 24 | €87,309 | €62,950 | -€24,359 | -27.9% |
| Other tangible fixed assets | 26 | €1,485 | €957 | -€528 | -35.6% |
| Financial fixed assets | 28 | €37,500 | €54,167 | +€16,667 | +44.4% |
| Current assets | 29/58 | €189,866 | €181,011 | -€8,854 | -4.7% |
| Amounts receivable after more than one year | 29 | €25,000 | - | -€25,000 | |
| Other amounts receivable | 291 | €25,000 | - | -€25,000 | |
| Amounts receivable within one year | 40/41 | €3,140 | €2,727 | -€413 | -13.2% |
| Trade receivables | 40 | €734 | €35 | -€699 | -95.2% |
| Other amounts receivable | 41 | €2,406 | €2,692 | +€286 | +11.9% |
| Current investments | 50/53 | €14,375 | €14,375 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €130,402 | €121,863 | -€8,539 | -6.5% |
| Deferred charges and accrued income | 490/1 | €16,949 | €42,047 | +€25,098 | +148% |
| Total equity and liabilities | 10/49 | €328,292 | €310,274 | -€18,018 | -5.5% |
| Equity | 10/15 | €182,572 | €70,012 | -€112,560 | -61.7% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €176,572 | €64,012 | -€112,560 | -63.7% |
| Non-distributable reserves | 130/1 | €14,375 | €14,375 | = | 0.0% |
| Own shares acquired | 1312 | €14,375 | €14,375 | = | 0.0% |
| Distributable reserves | 133 | €162,197 | €49,637 | -€112,560 | -69.4% |
| Amounts payable | 17/49 | €145,720 | €240,262 | +€94,542 | +64.9% |
| Amounts payable after more than one year | 17 | €48,048 | €31,791 | -€16,257 | -33.8% |
| Financial debts | 170/4 | €48,048 | €31,791 | -€16,257 | -33.8% |
| Amounts payable within one year | 42/48 | €97,672 | €208,471 | +€110,799 | +113% |
| Current portion of amounts payable after more than one year | 42 | €17,267 | €16,257 | -€1,010 | -5.9% |
| Trade debts | 44 | €35,547 | €41,225 | +€5,678 | +16.0% |
| Suppliers | 440/4 | €35,547 | €41,225 | +€5,678 | +16.0% |
| Taxes, remuneration and social security | 45 | €44,186 | €38,996 | -€5,190 | -11.7% |
| Taxes | 450/3 | €39,786 | €34,472 | -€5,314 | -13.4% |
| Remuneration and social security | 454/9 | €4,400 | €4,524 | +€124 | +2.8% |
| Other amounts payable | 47/48 | €671 | €111,992 | +€111,321 | +16,592% |
| Non-recurring operating income | 76A | €1,389 | - | -€1,389 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,433 | €29,854 | +€8,420 | +39.3% |
| Other operating charges | 640/8 | €2,069 | €2,000 | -€70 | -3.4% |
| Gross operating margin | 9900 | €128,921 | €151,341 | +€22,420 | +17.4% |
| Operating profit (loss) | 9901 | €105,418 | €119,487 | +€14,069 | +13.3% |
| Financial income | 75/76B | €65 | €16,667 | +€16,602 | +25,676% |
| Recurring financial income | 75 | €65 | €16,667 | +€16,602 | +25,676% |
| Financial charges | 65/66B | €2,995 | €3,180 | +€185 | +6.2% |
| Recurring financial charges | 65 | €2,995 | €3,180 | +€185 | +6.2% |
| Profit (loss) for the period before taxes | 9903 | €102,488 | €132,974 | +€30,486 | +29.7% |
| Income taxes | 67/77 | €21,889 | €25,534 | +€3,646 | +16.7% |
| Profit (loss) for the period | 9904 | €80,599 | €107,440 | +€26,841 | +33.3% |
| Profit (loss) for the period to be appropriated | 9905 | €80,599 | €107,440 | +€26,841 | +33.3% |
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 15 October 2026 via checked.be.