KINE Y.L.: 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 Y.L.
Largest movements
- Cash +€28,518
up €28,518 (+26.0%), from €109,842 to €138,360
mainly Net result for the year (+€25,227) and Tax, wage and social debts (+€12,000)
- Tangible fixed assets -€6,710
down €6,710 (-44.6%), from €15,032 to €8,322
of which Other tangible fixed assets: -€5,197
- Reserves +€25,000
up €25,000 (+1,344%), from €1,860 to €26,860
of which Distributable reserves: +€26,860
- Other debts -€16,246
down €16,246 (-79.8%), from €20,364 to €4,118
- Tax, wage and social debts +€12,000
up €12,000 (+125%), from €9,634 to €21,634
of which Taxes: +€12,800
- Turnover -€109,833
no longer reported in 2025 (was €109,833)
- Purchases and services -€69,800
no longer reported in 2025 (was €69,800)
- Gross operating margin +€7,969
up €7,969 (+19.9%), from €40,033 to €48,002
- Taxes -€5,858
down €5,858 (-31.4%), from €18,658 to €12,800
- Depreciation -€2,119
down €2,119 (-19.0%), from €11,165 to €9,046
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 | €124,874 | €147,187 | +€22,313 | +17.9% |
| Fixed assets | 21/28 | €15,032 | €8,322 | -€6,710 | -44.6% |
| Tangible fixed assets | 22/27 | €15,032 | €8,322 | -€6,710 | -44.6% |
| Furniture and vehicles | 24 | €8,736 | €7,224 | -€1,513 | -17.3% |
| Other tangible fixed assets | 26 | €6,295 | €1,098 | -€5,197 | -82.6% |
| Current assets | 29/58 | €109,842 | €138,865 | +€29,023 | +26.4% |
| Cash at bank and in hand | 54/58 | €109,842 | €138,360 | +€28,518 | +26.0% |
| Deferred charges and accrued income | 490/1 | - | €505 | +€505 | |
| Total equity and liabilities | 10/49 | €124,874 | €147,187 | +€22,313 | +17.9% |
| Equity | 10/15 | €93,885 | €119,112 | +€25,227 | +26.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €26,860 | +€25,000 | +1,344% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | - | €26,860 | +€26,860 | |
| Profit (loss) carried forward | 14 | €73,425 | €73,652 | +€227 | +0.3% |
| Amounts payable | 17/49 | €30,989 | €28,075 | -€2,914 | -9.4% |
| Amounts payable within one year | 42/48 | €30,989 | €28,075 | -€2,914 | -9.4% |
| Trade debts | 44 | €990 | €2,322 | +€1,333 | +135% |
| Suppliers | 440/4 | €990 | €2,322 | +€1,333 | +135% |
| Taxes, remuneration and social security | 45 | €9,634 | €21,634 | +€12,000 | +125% |
| Taxes | 450/3 | €8,834 | €21,634 | +€12,800 | +145% |
| Remuneration and social security | 454/9 | €800 | - | -€800 | |
| Other amounts payable | 47/48 | €20,364 | €4,118 | -€16,246 | -79.8% |
| Turnover | 70 | €109,833 | - | -€109,833 | |
| Goods, raw materials, services and sundry goods | 60/61 | €69,800 | - | -€69,800 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,165 | €9,046 | -€2,119 | -19.0% |
| Other operating charges | 640/8 | €2,181 | €239 | -€1,942 | -89.1% |
| Gross operating margin | 9900 | €40,033 | €48,002 | +€7,969 | +19.9% |
| Operating profit (loss) | 9901 | €26,688 | €38,718 | +€12,030 | +45.1% |
| Financial charges | 65/66B | €680 | €691 | +€11 | +1.6% |
| Recurring financial charges | 65 | €680 | €691 | +€11 | +1.6% |
| Profit (loss) for the period before taxes | 9903 | €26,007 | €38,027 | +€12,019 | +46.2% |
| Income taxes | 67/77 | €18,658 | €12,800 | -€5,858 | -31.4% |
| Profit (loss) for the period | 9904 | €7,349 | €25,227 | +€17,878 | +243% |
| Profit (loss) for the period to be appropriated | 9905 | €7,349 | €25,227 | +€17,878 | +243% |
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.