KINE VAN DAM: 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 VAN DAM
Largest movements
- Deferred charges and accrued income +€31,078
up €31,078 (+1,381%), from €2,251 to €33,329
- Receivables within one year -€20,064
down €20,064 (-66.4%), from €30,204 to €10,140
of which Trade receivables: -€30,143
- Cash -€3,283
down €3,283 (-89.7%), from €3,661 to €379
mainly Deferred charges and accrued income (-€31,078) and Contributions, distributions and other (-€20,000)
- Tangible fixed assets -€1,959
down €1,959 (-28.0%), from €7,000 to €5,040
of which Furniture and vehicles: -€3,856
- Profit (loss) carried forward +€11,395
new in 2025: €11,395
- Short-term financial debts -€10,000
no longer reported in 2025 (was €10,000)
- Current portion of long-term debt +€7,676
up €7,676 (+135%), from €5,703 to €13,378
- Tax, wage and social debts -€7,662
down €7,662 (-67.4%), from €11,376 to €3,714
- Other debts +€5,023
up €5,023 (+44.2%), from €11,377 to €16,400
- Depreciation -€5,268
down €5,268 (-62.4%), from €8,449 to €3,180
- Gross operating margin -€4,410
down €4,410 (-8.4%), from €52,718 to €48,307
- Taxes +€1,539
up €1,539 (+14.8%), from €10,382 to €11,921
- Financial charges +€1,006
up €1,006 (+286%), from €352 to €1,357
- Other operating charges -€899
down €899 (-66.5%), from €1,352 to €453
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 | €43,116 | €48,887 | +€5,771 | +13.4% |
| Fixed assets | 21/28 | €7,000 | €5,040 | -€1,959 | -28.0% |
| Tangible fixed assets | 22/27 | €7,000 | €5,040 | -€1,959 | -28.0% |
| Plant, machinery and equipment | 23 | €240 | €2,137 | +€1,897 | +790% |
| Furniture and vehicles | 24 | €6,760 | €2,904 | -€3,856 | -57.0% |
| Current assets | 29/58 | €36,116 | €43,847 | +€7,731 | +21.4% |
| Amounts receivable within one year | 40/41 | €30,204 | €10,140 | -€20,064 | -66.4% |
| Trade receivables | 40 | €30,204 | €61 | -€30,143 | -99.8% |
| Other amounts receivable | 41 | - | €10,079 | +€10,079 | |
| Cash at bank and in hand | 54/58 | €3,661 | €379 | -€3,283 | -89.7% |
| Deferred charges and accrued income | 490/1 | €2,251 | €33,329 | +€31,078 | +1,381% |
| Total equity and liabilities | 10/49 | €43,116 | €48,887 | +€5,771 | +13.4% |
| Equity | 10/15 | €4,000 | €15,395 | +€11,395 | +285% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €11,395 | +€11,395 | |
| Amounts payable | 17/49 | €39,116 | €33,492 | -€5,624 | -14.4% |
| Amounts payable within one year | 42/48 | €39,116 | €33,492 | -€5,624 | -14.4% |
| Current portion of amounts payable after more than one year | 42 | €5,703 | €13,378 | +€7,676 | +135% |
| Financial debts | 43 | €10,000 | - | -€10,000 | |
| Credit institutions | 430/8 | €10,000 | - | -€10,000 | |
| Trade debts | 44 | €660 | - | -€660 | |
| Suppliers | 440/4 | €660 | - | -€660 | |
| Taxes, remuneration and social security | 45 | €11,376 | €3,714 | -€7,662 | -67.4% |
| Taxes | 450/3 | €11,376 | €3,714 | -€7,662 | -67.4% |
| Other amounts payable | 47/48 | €11,377 | €16,400 | +€5,023 | +44.2% |
| Non-recurring operating income | 76A | - | €3,160 | +€3,160 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,449 | €3,180 | -€5,268 | -62.4% |
| Other operating charges | 640/8 | €1,352 | €453 | -€899 | -66.5% |
| Gross operating margin | 9900 | €52,718 | €48,307 | -€4,410 | -8.4% |
| Operating profit (loss) | 9901 | €42,917 | €44,674 | +€1,757 | +4.1% |
| Financial income | 75/76B | €513 | - | -€513 | |
| Recurring financial income | 75 | €513 | - | -€513 | |
| Financial charges | 65/66B | €352 | €1,357 | +€1,006 | +286% |
| Recurring financial charges | 65 | €352 | €1,357 | +€1,006 | +286% |
| Profit (loss) for the period before taxes | 9903 | €43,078 | €43,316 | +€238 | +0.6% |
| Income taxes | 67/77 | €10,382 | €11,921 | +€1,539 | +14.8% |
| Profit (loss) for the period | 9904 | €32,696 | €31,395 | -€1,301 | -4.0% |
| Profit (loss) for the period to be appropriated | 9905 | €32,696 | €31,395 | -€1,301 | -4.0% |
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 28 October 2026 via checked.be.