Kine2improve: 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.
Kine2improve
Largest movements
- Cash +€45,937
up €45,937 (+107%), from €42,901 to €88,838
mainly Other debts (+€171,831) and Net result for the year (+€45,152)
- Current investments -€15,138
down €15,138 (-15.9%), from €95,000 to €79,862
- Other debts +€171,831
up €171,831 (+6,800%), from €2,527 to €174,358
- Reserves -€126,856
down €126,856 (-100%), from €126,856 to €0
- Tax, wage and social debts -€12,658
down €12,658 (-91.8%), from €13,791 to €1,134
- Gross operating margin +€8,008
up €8,008 (+14.9%), from €53,572 to €61,580
- Taxes +€1,977
up €1,977 (+14.5%), from €13,645 to €15,622
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 | €146,428 | €178,783 | +€32,355 | +22.1% |
| Fixed assets | 21/28 | - | €1,311 | +€1,311 | |
| Tangible fixed assets | 22/27 | - | €1,311 | +€1,311 | |
| Furniture and vehicles | 24 | - | €1,311 | +€1,311 | |
| Current assets | 29/58 | €146,428 | €177,471 | +€31,043 | +21.2% |
| Amounts receivable within one year | 40/41 | €8,232 | €8,612 | +€380 | +4.6% |
| Trade receivables | 40 | €8,232 | €8,612 | +€380 | +4.6% |
| Current investments | 50/53 | €95,000 | €79,862 | -€15,138 | -15.9% |
| Cash at bank and in hand | 54/58 | €42,901 | €88,838 | +€45,937 | +107% |
| Deferred charges and accrued income | 490/1 | €295 | €160 | -€135 | -45.7% |
| Total equity and liabilities | 10/49 | €146,428 | €178,783 | +€32,355 | +22.1% |
| Equity | 10/15 | €129,856 | €3,000 | -€126,856 | -97.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €126,856 | €0 | -€126,856 | -100% |
| Distributable reserves | 133 | €126,856 | €0 | -€126,856 | -100% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €16,573 | €175,783 | +€159,210 | +961% |
| Amounts payable within one year | 42/48 | €16,474 | €175,634 | +€159,160 | +966% |
| Trade debts | 44 | €156 | €142 | -€14 | -9.0% |
| Suppliers | 440/4 | €156 | €142 | -€14 | -9.0% |
| Taxes, remuneration and social security | 45 | €13,791 | €1,134 | -€12,658 | -91.8% |
| Taxes | 450/3 | €13,791 | €1,134 | -€12,658 | -91.8% |
| Other amounts payable | 47/48 | €2,527 | €174,358 | +€171,831 | +6,800% |
| Accrued charges and deferred income | 492/3 | €99 | €149 | +€50 | +51.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €283 | +€283 | |
| Other operating charges | 640/8 | €666 | €822 | +€156 | +23.4% |
| Gross operating margin | 9900 | €53,572 | €61,580 | +€8,008 | +14.9% |
| Operating profit (loss) | 9901 | €52,906 | €60,475 | +€7,570 | +14.3% |
| Financial income | 75/76B | €511 | €961 | +€449 | +87.9% |
| Recurring financial income | 75 | €511 | €961 | +€449 | +87.9% |
| Financial charges | 65/66B | €138 | €663 | +€525 | +382% |
| Recurring financial charges | 65 | €138 | €663 | +€525 | +382% |
| Profit (loss) for the period before taxes | 9903 | €53,279 | €60,773 | +€7,494 | +14.1% |
| Income taxes | 67/77 | €13,645 | €15,622 | +€1,977 | +14.5% |
| Profit (loss) for the period | 9904 | €39,635 | €45,152 | +€5,517 | +13.9% |
| Profit (loss) for the period to be appropriated | 9905 | €39,635 | €45,152 | +€5,517 | +13.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.