Kine VDB: 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 VDB
Largest movements
- Cash +€13,491
up €13,491 (+25.7%), from €52,478 to €65,969
mainly Net result for the year (+€28,495) and Depreciation (+€1,715)
- Financial fixed assets +€10,000
up €10,000 (+1333.3%), from €750 to €10,750
- Reserves +€28,495
up €28,495 (+59.1%), from €48,220 to €76,715
- Tax, wage and social debts -€5,425
down €5,425 (-37.4%), from €14,491 to €9,066
- Gross operating margin -€26,214
down €26,214 (-39.0%), from €67,178 to €40,963
- Taxes -€5,425
down €5,425 (-37.4%), from €14,491 to €9,066
- Financial charges -€1,173
down €1,173 (-51.4%), from €2,279 to €1,107
- Depreciation +€891
up €891 (+108.0%), from €825 to €1,715
- Other operating charges -€783
down €783 (-57.4%), from €1,363 to €580
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.
Cash bridge derived
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 | €67,711 | €91,736 | +€24,025 | +35.5% |
| Fixed assets | 21/28 | €4,969 | €15,323 | +€10,354 | +208.3% |
| Tangible fixed assets | 22/27 | €4,219 | €4,573 | +€354 | +8.4% |
| Furniture and vehicles | 24 | €4,219 | €4,573 | +€354 | +8.4% |
| Financial fixed assets | 28 | €750 | €10,750 | +€10,000 | +1333.3% |
| Current assets | 29/58 | €62,741 | €76,413 | +€13,672 | +21.8% |
| Amounts receivable within one year | 40/41 | €9,869 | €9,234 | -€635 | -6.4% |
| Trade receivables | 40 | €647 | €694 | +€47 | +7.3% |
| Other amounts receivable | 41 | €9,223 | €8,541 | -€682 | -7.4% |
| Cash at bank and in hand | 54/58 | €52,478 | €65,969 | +€13,491 | +25.7% |
| Deferred charges and accrued income | 490/1 | €394 | €1,209 | +€815 | +206.9% |
| Total equity and liabilities | 10/49 | €67,711 | €91,736 | +€24,025 | +35.5% |
| Equity | 10/15 | €53,220 | €81,715 | +€28,495 | +53.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €48,220 | €76,715 | +€28,495 | +59.1% |
| Distributable reserves | 133 | €48,220 | €76,715 | +€28,495 | +59.1% |
| Amounts payable | 17/49 | €14,491 | €10,021 | -€4,470 | -30.8% |
| Amounts payable within one year | 42/48 | €14,491 | €10,006 | -€4,485 | -30.9% |
| Trade debts | 44 | - | €669 | +€669 | |
| Suppliers | 440/4 | - | €669 | +€669 | |
| Taxes, remuneration and social security | 45 | €14,491 | €9,066 | -€5,425 | -37.4% |
| Taxes | 450/3 | €14,491 | €9,066 | -€5,425 | -37.4% |
| Other amounts payable | 47/48 | - | €272 | +€272 | |
| Accrued charges and deferred income | 492/3 | - | €15 | +€15 | |
| Non-recurring operating income | 76A | - | €2,172 | +€2,172 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €825 | €1,715 | +€891 | +108.0% |
| Other operating charges | 640/8 | €1,363 | €580 | -€783 | -57.4% |
| Gross operating margin | 9900 | €67,178 | €40,963 | -€26,214 | -39.0% |
| Operating profit (loss) | 9901 | €64,990 | €38,668 | -€26,322 | -40.5% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €2,279 | €1,107 | -€1,173 | -51.4% |
| Recurring financial charges | 65 | €2,279 | €1,107 | -€1,173 | -51.4% |
| Profit (loss) for the period before taxes | 9903 | €62,711 | €37,561 | -€25,149 | -40.1% |
| Income taxes | 67/77 | €14,491 | €9,066 | -€5,425 | -37.4% |
| Profit (loss) for the period | 9904 | €48,220 | €28,495 | -€19,725 | -40.9% |
| Profit (loss) for the period to be appropriated | 9905 | €48,220 | €28,495 | -€19,725 | -40.9% |
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 11 October 2026 via checked.be.