KINE-TIEK DV: 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-TIEK DV
Largest movements
- Cash +€37,155
up €37,155 (+34.8%), from €106,877 to €144,033
mainly Net result for the year (+€41,721) and Depreciation (+€8,831)
- Tangible fixed assets -€8,831
down €8,831 (-7.1%), from €123,819 to €114,988
of which Land and buildings: -€7,172
- Reserves +€41,721
up €41,721 (+55.5%), from €75,123 to €116,844
- Tax, wage and social debts -€8,053
down €8,053 (-29.5%), from €27,318 to €19,264
of which Taxes: -€7,749
- Debts after one year -€7,073
down €7,073 (-6.0%), from €118,241 to €111,168
- Gross operating margin +€31,985
up €31,985 (+87.7%), from €36,481 to €68,467
- Depreciation -€14,689
down €14,689 (-62.5%), from €23,521 to €8,831
- Taxes +€9,436
up €9,436 (+345%), from €2,735 to €12,171
- Financial charges +€999
up €999 (+23.9%), from €4,190 to €5,190
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 | €240,916 | €268,146 | +€27,229 | +11.3% |
| Fixed assets | 21/28 | €123,819 | €114,988 | -€8,831 | -7.1% |
| Tangible fixed assets | 22/27 | €123,819 | €114,988 | -€8,831 | -7.1% |
| Land and buildings | 22 | €119,627 | €112,455 | -€7,172 | -6.0% |
| Plant, machinery and equipment | 23 | €1,175 | €902 | -€273 | -23.2% |
| Furniture and vehicles | 24 | €3,017 | €1,631 | -€1,387 | -46.0% |
| Current assets | 29/58 | €117,097 | €153,158 | +€36,061 | +30.8% |
| Amounts receivable within one year | 40/41 | €6,610 | €8,045 | +€1,435 | +21.7% |
| Trade receivables | 40 | €6,610 | €8,045 | +€1,435 | +21.7% |
| Cash at bank and in hand | 54/58 | €106,877 | €144,033 | +€37,155 | +34.8% |
| Deferred charges and accrued income | 490/1 | €3,609 | €1,080 | -€2,530 | -70.1% |
| Total equity and liabilities | 10/49 | €240,916 | €268,146 | +€27,229 | +11.3% |
| Equity | 10/15 | €78,123 | €119,844 | +€41,721 | +53.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €75,123 | €116,844 | +€41,721 | +55.5% |
| Distributable reserves | 133 | €75,123 | €116,844 | +€41,721 | +55.5% |
| Amounts payable | 17/49 | €162,794 | €148,302 | -€14,492 | -8.9% |
| Amounts payable after more than one year | 17 | €118,241 | €111,168 | -€7,073 | -6.0% |
| Financial debts | 170/4 | €118,241 | €111,168 | -€7,073 | -6.0% |
| Amounts payable within one year | 42/48 | €42,552 | €34,586 | -€7,966 | -18.7% |
| Current portion of amounts payable after more than one year | 42 | €6,820 | €7,073 | +€253 | +3.7% |
| Trade debts | 44 | €3,616 | €1,792 | -€1,824 | -50.4% |
| Suppliers | 440/4 | €3,616 | €1,792 | -€1,824 | -50.4% |
| Taxes, remuneration and social security | 45 | €27,318 | €19,264 | -€8,053 | -29.5% |
| Taxes | 450/3 | €24,711 | €16,961 | -€7,749 | -31.4% |
| Remuneration and social security | 454/9 | €2,607 | €2,303 | -€304 | -11.7% |
| Other amounts payable | 47/48 | €4,799 | €6,457 | +€1,658 | +34.6% |
| Accrued charges and deferred income | 492/3 | €2,000 | €2,547 | +€547 | +27.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,521 | €8,831 | -€14,689 | -62.5% |
| Other operating charges | 640/8 | €608 | €554 | -€54 | -8.9% |
| Gross operating margin | 9900 | €36,481 | €68,467 | +€31,985 | +87.7% |
| Operating profit (loss) | 9901 | €12,353 | €59,082 | +€46,729 | +378% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €4,190 | €5,190 | +€999 | +23.9% |
| Recurring financial charges | 65 | €4,190 | €5,190 | +€999 | +23.9% |
| Profit (loss) for the period before taxes | 9903 | €8,162 | €53,892 | +€45,730 | +560% |
| Income taxes | 67/77 | €2,735 | €12,171 | +€9,436 | +345% |
| Profit (loss) for the period | 9904 | €5,427 | €41,721 | +€36,294 | +669% |
| Profit (loss) for the period to be appropriated | 9905 | €5,427 | €41,721 | +€36,294 | +669% |
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 25 October 2026 via checked.be.