KINE TAHIRI: what changed
KINE TAHIRI
Largest movements
- Current investments -€50,000
no longer reported in 2025 (was €50,000)
- Cash +€48,514
up €48,514 (+78.0%), from €62,172 to €110,685
mainly Current investments (+€50,000) and Other debts (+€41,573)
- Tangible fixed assets -€16,643
down €16,643 (-9.2%), from €180,754 to €164,110
of which Plant, machinery and equipment: -€11,257
- Reserves -€41,967
down €41,967 (-26.4%), from €158,972 to €117,005
- Other debts +€41,573
up €41,573 (+73.4%), from €56,650 to €98,223
- Debts after one year -€20,356
down €20,356 (-44.2%), from €46,004 to €25,648
- Tax, wage and social debts +€3,837
up €3,837 (+159%), from €2,413 to €6,250
- Depreciation -€16,479
down €16,479 (-41.0%), from €40,232 to €23,753
- Taxes +€5,274
up €5,274 (+53.9%), from €9,783 to €15,057
- Gross operating margin +€3,049
up €3,049 (+3.8%), from €79,599 to €82,647
- Financial charges +€1,008
up €1,008 (+22.1%), from €4,558 to €5,567
- Financial income +€1,007
up €1,007 (+134%), from €750 to €1,758
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 | €315,223 | €296,267 | -€18,955 | -6.0% |
| Fixed assets | 21/28 | €180,769 | €164,110 | -€16,658 | -9.2% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €180,754 | €164,110 | -€16,643 | -9.2% |
| Land and buildings | 22 | €111,759 | €107,194 | -€4,565 | -4.1% |
| Plant, machinery and equipment | 23 | €66,404 | €55,147 | -€11,257 | -17.0% |
| Furniture and vehicles | 24 | €2,590 | €1,769 | -€821 | -31.7% |
| Financial fixed assets | 28 | €15 | - | -€15 | |
| Current assets | 29/58 | €134,454 | €132,157 | -€2,297 | -1.7% |
| Amounts receivable within one year | 40/41 | €17,030 | €15,907 | -€1,123 | -6.6% |
| Trade receivables | 40 | €12,175 | €14,604 | +€2,429 | +19.9% |
| Other amounts receivable | 41 | €4,855 | €1,303 | -€3,552 | -73.2% |
| Current investments | 50/53 | €50,000 | - | -€50,000 | |
| Cash at bank and in hand | 54/58 | €62,172 | €110,685 | +€48,514 | +78.0% |
| Deferred charges and accrued income | 490/1 | €5,253 | €5,565 | +€312 | +5.9% |
| Total equity and liabilities | 10/49 | €315,223 | €296,267 | -€18,955 | -6.0% |
| Equity | 10/15 | €178,972 | €137,005 | -€41,967 | -23.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €158,972 | €117,005 | -€41,967 | -26.4% |
| Distributable reserves | 133 | €158,972 | €117,005 | -€41,967 | -26.4% |
| Amounts payable | 17/49 | €136,251 | €159,263 | +€23,012 | +16.9% |
| Amounts payable after more than one year | 17 | €46,004 | €25,648 | -€20,356 | -44.2% |
| Financial debts | 170/4 | €46,004 | €25,648 | -€20,356 | -44.2% |
| Amounts payable within one year | 42/48 | €87,174 | €129,430 | +€42,256 | +48.5% |
| Current portion of amounts payable after more than one year | 42 | €25,014 | €23,426 | -€1,587 | -6.3% |
| Trade debts | 44 | €3,098 | €1,531 | -€1,567 | -50.6% |
| Suppliers | 440/4 | €3,098 | €1,531 | -€1,567 | -50.6% |
| Taxes, remuneration and social security | 45 | €2,413 | €6,250 | +€3,837 | +159% |
| Taxes | 450/3 | €2,413 | €6,250 | +€3,837 | +159% |
| Other amounts payable | 47/48 | €56,650 | €98,223 | +€41,573 | +73.4% |
| Accrued charges and deferred income | 492/3 | €3,073 | €4,185 | +€1,112 | +36.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,232 | €23,753 | -€16,479 | -41.0% |
| Other operating charges | 640/8 | €1,647 | €1,697 | +€50 | +3.0% |
| Gross operating margin | 9900 | €79,599 | €82,647 | +€3,049 | +3.8% |
| Operating profit (loss) | 9901 | €37,720 | €57,197 | +€19,478 | +51.6% |
| Financial income | 75/76B | €750 | €1,758 | +€1,007 | +134% |
| Recurring financial income | 75 | €750 | €1,758 | +€1,007 | +134% |
| Financial charges | 65/66B | €4,558 | €5,567 | +€1,008 | +22.1% |
| Recurring financial charges | 65 | €4,558 | €5,567 | +€1,008 | +22.1% |
| Profit (loss) for the period before taxes | 9903 | €33,912 | €53,388 | +€19,477 | +57.4% |
| Income taxes | 67/77 | €9,783 | €15,057 | +€5,274 | +53.9% |
| Profit (loss) for the period | 9904 | €24,129 | €38,332 | +€14,203 | +58.9% |
| Profit (loss) for the period to be appropriated | 9905 | €24,129 | €38,332 | +€14,203 | +58.9% |
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 6 November 2026 via checked.be.