KineCo 43: 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.
KineCo 43
Largest movements
- Tangible fixed assets -€10,238
down €10,238 (-4.4%), from €230,424 to €220,186
- Debts after one year -€13,023
down €13,023 (-9.4%), from €137,977 to €124,955
- Profit (loss) carried forward +€2,590
up €2,590 (+76.2%), from €3,398 to €5,987
- Taxes +€207
up €207 (+28.2%), from €736 to €943
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 | €233,653 | €223,706 | -€9,947 | -4.3% |
| Fixed assets | 21/28 | €230,424 | €220,186 | -€10,238 | -4.4% |
| Tangible fixed assets | 22/27 | €230,424 | €220,186 | -€10,238 | -4.4% |
| Land and buildings | 22 | €230,424 | €220,186 | -€10,238 | -4.4% |
| Current assets | 29/58 | €3,229 | €3,520 | +€291 | +9.0% |
| Amounts receivable within one year | 40/41 | €840 | €0 | -€840 | -100% |
| Trade receivables | 40 | €840 | €0 | -€840 | -100% |
| Cash at bank and in hand | 54/58 | €2,389 | €3,520 | +€1,131 | +47.4% |
| Total equity and liabilities | 10/49 | €233,653 | €223,706 | -€9,947 | -4.3% |
| Equity | 10/15 | €5,898 | €8,487 | +€2,590 | +43.9% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,398 | €5,987 | +€2,590 | +76.2% |
| Amounts payable | 17/49 | €227,755 | €215,218 | -€12,537 | -5.5% |
| Amounts payable after more than one year | 17 | €137,977 | €124,955 | -€13,023 | -9.4% |
| Financial debts | 170/4 | €137,977 | €124,955 | -€13,023 | -9.4% |
| Amounts payable within one year | 42/48 | €89,778 | €90,264 | +€486 | +0.5% |
| Current portion of amounts payable after more than one year | 42 | €12,883 | €13,023 | +€140 | +1.1% |
| Trade debts | 44 | €0 | €139 | +€139 | |
| Suppliers | 440/4 | €0 | €139 | +€139 | |
| Taxes, remuneration and social security | 45 | €736 | €943 | +€207 | +28.2% |
| Taxes | 450/3 | €736 | €943 | +€207 | +28.2% |
| Other amounts payable | 47/48 | €76,159 | €76,159 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,238 | €10,238 | = | 0.0% |
| Other operating charges | 640/8 | €580 | €595 | +€14 | +2.5% |
| Gross operating margin | 9900 | €16,087 | €16,119 | +€32 | +0.2% |
| Operating profit (loss) | 9901 | €5,269 | €5,287 | +€18 | +0.3% |
| Financial charges | 65/66B | €1,895 | €1,754 | -€140 | -7.4% |
| Recurring financial charges | 65 | €1,895 | €1,754 | -€140 | -7.4% |
| Profit (loss) for the period before taxes | 9903 | €3,374 | €3,532 | +€158 | +4.7% |
| Income taxes | 67/77 | €736 | €943 | +€207 | +28.2% |
| Profit (loss) for the period | 9904 | €2,639 | €2,590 | -€49 | -1.9% |
| Profit (loss) for the period to be appropriated | 9905 | €2,639 | €2,590 | -€49 | -1.9% |
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 23 October 2026 via checked.be.