Kiné2L: 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.
Kiné2L
Largest movements
- Cash +€38,314
up €38,314 (+49.1%), from €78,063 to €116,377
mainly Net result for the year (+€38,259) and Depreciation (+€29,266)
- Tangible fixed assets -€27,160
down €27,160 (-9.1%), from €298,696 to €271,536
of which Land and buildings: -€15,411
- Reserves +€23,665
up €23,665 (+19.6%), from €120,607 to €144,272
- Debts after one year -€13,162
down €13,162 (-7.1%), from €185,936 to €172,774
- Tax, wage and social debts +€6,454
up €6,454 (+39.8%), from €16,212 to €22,666
- Gross operating margin +€12,995
up €12,995 (+15.9%), from €81,592 to €94,588
- Taxes +€3,957
up €3,957 (+26.0%), from €15,241 to €19,198
- Depreciation -€1,769
down €1,769 (-5.7%), from €31,035 to €29,266
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 | €387,760 | €402,429 | +€14,669 | +3.8% |
| Fixed assets | 21/28 | €298,696 | €271,536 | -€27,160 | -9.1% |
| Tangible fixed assets | 22/27 | €298,696 | €271,536 | -€27,160 | -9.1% |
| Land and buildings | 22 | €274,328 | €258,917 | -€15,411 | -5.6% |
| Plant, machinery and equipment | 23 | €10,200 | €6,847 | -€3,353 | -32.9% |
| Furniture and vehicles | 24 | €14,168 | €5,772 | -€8,396 | -59.3% |
| Current assets | 29/58 | €89,064 | €130,893 | +€41,829 | +47.0% |
| Amounts receivable within one year | 40/41 | €10,300 | €13,621 | +€3,321 | +32.2% |
| Trade receivables | 40 | €518 | €13,621 | +€13,103 | +2530.8% |
| Other amounts receivable | 41 | €9,783 | - | -€9,783 | |
| Cash at bank and in hand | 54/58 | €78,063 | €116,377 | +€38,314 | +49.1% |
| Deferred charges and accrued income | 490/1 | €700 | €895 | +€195 | +27.8% |
| Total equity and liabilities | 10/49 | €387,760 | €402,429 | +€14,669 | +3.8% |
| Equity | 10/15 | €149,821 | €173,545 | +€23,724 | +15.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €120,607 | €144,272 | +€23,665 | +19.6% |
| Distributable reserves | 133 | €120,607 | €144,272 | +€23,665 | +19.6% |
| Profit (loss) carried forward | 14 | €10,614 | €10,673 | +€59 | +0.6% |
| Amounts payable | 17/49 | €237,939 | €228,884 | -€9,055 | -3.8% |
| Amounts payable after more than one year | 17 | €185,936 | €172,774 | -€13,162 | -7.1% |
| Financial debts | 170/4 | €185,936 | €172,774 | -€13,162 | -7.1% |
| Amounts payable within one year | 42/48 | €52,003 | €56,110 | +€4,107 | +7.9% |
| Current portion of amounts payable after more than one year | 42 | €17,144 | €13,162 | -€3,982 | -23.2% |
| Suppliers | 440/4 | - | €0 | = | |
| Taxes, remuneration and social security | 45 | €16,212 | €22,666 | +€6,454 | +39.8% |
| Taxes | 450/3 | €16,212 | €22,666 | +€6,454 | +39.8% |
| Other amounts payable | 47/48 | €18,648 | €20,283 | +€1,635 | +8.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,035 | €29,266 | -€1,769 | -5.7% |
| Other operating charges | 640/8 | €2,377 | €3,024 | +€647 | +27.2% |
| Gross operating margin | 9900 | €81,592 | €94,588 | +€12,995 | +15.9% |
| Operating profit (loss) | 9901 | €48,180 | €62,298 | +€14,117 | +29.3% |
| Financial income | 75/76B | - | €94 | +€94 | |
| Recurring financial income | 75 | - | €94 | +€94 | |
| Financial charges | 65/66B | €5,305 | €4,935 | -€370 | -7.0% |
| Recurring financial charges | 65 | €5,305 | €4,935 | -€370 | -7.0% |
| Profit (loss) for the period before taxes | 9903 | €42,876 | €57,457 | +€14,581 | +34.0% |
| Income taxes | 67/77 | €15,241 | €19,198 | +€3,957 | +26.0% |
| Profit (loss) for the period | 9904 | €27,635 | €38,259 | +€10,624 | +38.4% |
| Profit (loss) for the period to be appropriated | 9905 | €27,635 | €38,259 | +€10,624 | +38.4% |
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.