Kine VDS: 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 VDS
Largest movements
- Cash +€24,424
up €24,424 (+56.0%), from €43,627 to €68,052
mainly Other debts (+€22,311) and Net result for the year (+€15,578)
- Deferred charges and accrued income +€5,163
up €5,163 (+24.4%), from €21,140 to €26,303
- Receivables within one year +€3,454
up €3,454 (+3.2%), from €107,880 to €111,334
of which Other amounts receivable: +€2,174
- Other debts +€22,311
up €22,311 (+24.8%), from €89,816 to €112,127
- Profit (loss) carried forward +€6,416
no longer reported in 2025 (was -€6,416)
- Gross operating margin +€27,347
up €27,347, from -€6,030 to €21,317
- Taxes +€2,803
up €2,803 (+954%), from €294 to €3,097
- Financial charges +€1,143
up €1,143 (+20.7%), from €5,523 to €6,666
- Financial income -€1,000
down €1,000 (-12.5%), from €8,000 to €7,000
- Staff costs +€384
new in 2025: €384
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 | €185,187 | €216,178 | +€30,991 | +16.7% |
| Fixed assets | 21/28 | €12,540 | €10,489 | -€2,050 | -16.3% |
| Tangible fixed assets | 22/27 | €12,540 | €10,489 | -€2,050 | -16.3% |
| Furniture and vehicles | 24 | €1,666 | €1,004 | -€662 | -39.7% |
| Other tangible fixed assets | 26 | €10,874 | €9,485 | -€1,389 | -12.8% |
| Current assets | 29/58 | €172,648 | €205,689 | +€33,041 | +19.1% |
| Amounts receivable within one year | 40/41 | €107,880 | €111,334 | +€3,454 | +3.2% |
| Trade receivables | 40 | €3,151 | €4,431 | +€1,280 | +40.6% |
| Other amounts receivable | 41 | €104,729 | €106,903 | +€2,174 | +2.1% |
| Cash at bank and in hand | 54/58 | €43,627 | €68,052 | +€24,424 | +56.0% |
| Deferred charges and accrued income | 490/1 | €21,140 | €26,303 | +€5,163 | +24.4% |
| Total equity and liabilities | 10/49 | €185,187 | €216,178 | +€30,991 | +16.7% |
| Equity | 10/15 | €89,339 | €95,755 | +€6,416 | +7.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €90,755 | €90,755 | = | 0.0% |
| Distributable reserves | 133 | €90,755 | €90,755 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,416 | - | +€6,416 | |
| Amounts payable | 17/49 | €95,849 | €120,423 | +€24,575 | +25.6% |
| Amounts payable within one year | 42/48 | €90,599 | €114,098 | +€23,499 | +25.9% |
| Trade debts | 44 | €783 | €1,971 | +€1,188 | +152% |
| Suppliers | 440/4 | €783 | €1,971 | +€1,188 | +152% |
| Other amounts payable | 47/48 | €89,816 | €112,127 | +€22,311 | +24.8% |
| Accrued charges and deferred income | 492/3 | €5,249 | €6,325 | +€1,076 | +20.5% |
| Remuneration, social security and pensions | 62 | - | €384 | +€384 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,042 | €2,050 | +€8 | +0.4% |
| Other operating charges | 640/8 | €528 | €544 | +€16 | +3.0% |
| Gross operating margin | 9900 | -€6,030 | €21,317 | +€27,347 | |
| Operating profit (loss) | 9901 | -€8,600 | €18,339 | +€26,939 | |
| Financial income | 75/76B | €8,000 | €7,000 | -€1,000 | -12.5% |
| Recurring financial income | 75 | €8,000 | €7,000 | -€1,000 | -12.5% |
| Financial charges | 65/66B | €5,523 | €6,666 | +€1,143 | +20.7% |
| Recurring financial charges | 65 | €5,523 | €6,666 | +€1,143 | +20.7% |
| Profit (loss) for the period before taxes | 9903 | -€6,123 | €18,674 | +€24,797 | |
| Income taxes | 67/77 | €294 | €3,097 | +€2,803 | +954% |
| Profit (loss) for the period | 9904 | -€6,416 | €15,578 | +€21,994 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,416 | €15,578 | +€21,994 |
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 20 October 2026 via checked.be.