Kine TDB: 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 TDB
Largest movements
- Tangible fixed assets +€175,051
up €175,051 (+14,975%), from €1,169 to €176,220
of which Other tangible fixed assets: +€168,506
- Receivables within one year +€14,000
up €14,000 (+192%), from €7,298 to €21,298
- Cash -€12,246
down €12,246 (-63.3%), from €19,332 to €7,086
mainly Investment in fixed assets (net) (-€178,283) and Receivables within one year (-€14,000)
- Debts after one year +€164,541
new in 2025: €164,541
- Reserves +€6,809
up €6,809 (+60.3%), from €11,282 to €18,091
- Current portion of long-term debt +€6,593
new in 2025: €6,593
- Other debts -€4,363
down €4,363 (-91.2%), from €4,785 to €422
- Trade debts +€4,302
up €4,302 (+375%), from €1,146 to €5,448
- Other operating charges +€19,967
up €19,967 (+8,954%), from €223 to €20,190
- Gross operating margin +€17,426
up €17,426 (+102%), from €17,114 to €34,540
- Depreciation +€2,801
up €2,801 (+650%), from €431 to €3,232
- Taxes -€2,157
down €2,157 (-42.2%), from €5,115 to €2,958
- Financial charges +€1,289
up €1,289 (+2,074%), from €62 to €1,351
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 | €28,033 | €205,168 | +€177,135 | +632% |
| Fixed assets | 21/28 | €1,169 | €176,220 | +€175,051 | +14,975% |
| Tangible fixed assets | 22/27 | €1,169 | €176,220 | +€175,051 | +14,975% |
| Plant, machinery and equipment | 23 | - | €7,078 | +€7,078 | |
| Furniture and vehicles | 24 | €1,169 | €636 | -€533 | -45.6% |
| Other tangible fixed assets | 26 | - | €168,506 | +€168,506 | |
| Current assets | 29/58 | €26,864 | €28,948 | +€2,084 | +7.8% |
| Amounts receivable within one year | 40/41 | €7,298 | €21,298 | +€14,000 | +192% |
| Other amounts receivable | 41 | €7,298 | €21,298 | +€14,000 | +192% |
| Cash at bank and in hand | 54/58 | €19,332 | €7,086 | -€12,246 | -63.3% |
| Deferred charges and accrued income | 490/1 | €234 | €564 | +€330 | +141% |
| Total equity and liabilities | 10/49 | €28,033 | €205,168 | +€177,135 | +632% |
| Equity | 10/15 | €13,282 | €20,091 | +€6,809 | +51.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €11,282 | €18,091 | +€6,809 | +60.3% |
| Distributable reserves | 133 | €11,282 | €18,091 | +€6,809 | +60.3% |
| Amounts payable | 17/49 | €14,751 | €185,077 | +€170,326 | +1,155% |
| Amounts payable after more than one year | 17 | - | €164,541 | +€164,541 | |
| Financial debts | 170/4 | - | €164,541 | +€164,541 | |
| Amounts payable within one year | 42/48 | €14,751 | €20,536 | +€5,785 | +39.2% |
| Current portion of amounts payable after more than one year | 42 | - | €6,593 | +€6,593 | |
| Trade debts | 44 | €1,146 | €5,448 | +€4,302 | +375% |
| Suppliers | 440/4 | €1,146 | €5,448 | +€4,302 | +375% |
| Taxes, remuneration and social security | 45 | €8,820 | €8,073 | -€747 | -8.5% |
| Taxes | 450/3 | €5,970 | €8,073 | +€2,103 | +35.2% |
| Remuneration and social security | 454/9 | €2,850 | €0 | -€2,850 | -100% |
| Other amounts payable | 47/48 | €4,785 | €422 | -€4,363 | -91.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €431 | €3,232 | +€2,801 | +650% |
| Other operating charges | 640/8 | €223 | €20,190 | +€19,967 | +8,954% |
| Gross operating margin | 9900 | €17,114 | €34,540 | +€17,426 | +102% |
| Operating profit (loss) | 9901 | €16,460 | €11,118 | -€5,342 | -32.5% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €62 | €1,351 | +€1,289 | +2,074% |
| Recurring financial charges | 65 | €62 | €1,351 | +€1,289 | +2,074% |
| Profit (loss) for the period before taxes | 9903 | €16,397 | €9,767 | -€6,631 | -40.4% |
| Income taxes | 67/77 | €5,115 | €2,958 | -€2,157 | -42.2% |
| Profit (loss) for the period | 9904 | €11,282 | €6,809 | -€4,474 | -39.7% |
| Profit (loss) for the period to be appropriated | 9905 | €11,282 | €6,809 | -€4,474 | -39.7% |
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.