KINGSTON: what changed
Two fiscal 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.
KINGSTON
Largest movements
- Tangible fixed assets +€11,238
up €11,238 (+44.7%), from €25,136 to €36,375
of which Plant, machinery and equipment: +€20,095
- Cash -€3,780
down €3,780 (-39.4%), from €9,593 to €5,813
mainly Investment in fixed assets (net) (-€29,738) and Net result for the year (-€9,237)
- Receivables within one year -€1,237
down €1,237 (-27.1%), from €4,560 to €3,323
of which Other amounts receivable: -€624
- Deferred charges and accrued income +€542
up €542 (+837.4%), from €65 to €607
- Other debts +€18,201
up €18,201 (+49.8%), from €36,535 to €54,735
- Profit (loss) carried forward -€9,237
down €9,237 (-255.2%), from -€3,619 to -€12,856
- Trade debts -€2,751
down €2,751 (-80.0%), from €3,439 to €687
- Tax, wage and social debts +€550
new in 2025: €550
- Depreciation +€13,626
up €13,626 (+279.6%), from €4,874 to €18,500
- Gross operating margin +€7,837
up €7,837 (+491.9%), from €1,593 to €9,431
- Other operating charges -€194
down €194 (-60.4%), from €322 to €128
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 | €39,354 | €46,117 | +€6,763 | +17.2% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €25,136 | €36,375 | +€11,238 | +44.7% |
| Tangible fixed assets | 22/27 | €25,136 | €36,375 | +€11,238 | +44.7% |
| Plant, machinery and equipment | 23 | €729 | €20,824 | +€20,095 | +2758.2% |
| Furniture and vehicles | 24 | €24,408 | €15,551 | -€8,857 | -36.3% |
| Current assets | 29/58 | €14,218 | €9,743 | -€4,475 | -31.5% |
| Amounts receivable within one year | 40/41 | €4,560 | €3,323 | -€1,237 | -27.1% |
| Trade receivables | 40 | €3,936 | €3,323 | -€614 | -15.6% |
| Other amounts receivable | 41 | €624 | - | -€624 | |
| Cash at bank and in hand | 54/58 | €9,593 | €5,813 | -€3,780 | -39.4% |
| Deferred charges and accrued income | 490/1 | €65 | €607 | +€542 | +837.4% |
| Total equity and liabilities | 10/49 | €39,354 | €46,117 | +€6,763 | +17.2% |
| Equity | 10/15 | -€619 | -€9,856 | -€9,237 | -1492.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,619 | -€12,856 | -€9,237 | -255.2% |
| Amounts payable | 17/49 | €39,973 | €55,973 | +€16,000 | +40.0% |
| Amounts payable within one year | 42/48 | €39,973 | €55,973 | +€16,000 | +40.0% |
| Trade debts | 44 | €3,439 | €687 | -€2,751 | -80.0% |
| Suppliers | 440/4 | €3,439 | €687 | -€2,751 | -80.0% |
| Taxes, remuneration and social security | 45 | - | €550 | +€550 | |
| Taxes | 450/3 | - | €550 | +€550 | |
| Other amounts payable | 47/48 | €36,535 | €54,735 | +€18,201 | +49.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,874 | €18,500 | +€13,626 | +279.6% |
| Other operating charges | 640/8 | €322 | €128 | -€194 | -60.4% |
| Gross operating margin | 9900 | €1,593 | €9,431 | +€7,837 | +491.9% |
| Operating profit (loss) | 9901 | -€3,602 | -€9,197 | -€5,594 | -155.3% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €17 | €40 | +€24 | +140.2% |
| Recurring financial charges | 65 | €17 | €40 | +€24 | +140.2% |
| Profit (loss) for the period before taxes | 9903 | -€3,619 | -€9,237 | -€5,618 | -155.2% |
| Profit (loss) for the period | 9904 | -€3,619 | -€9,237 | -€5,618 | -155.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,619 | -€9,237 | -€5,618 | -155.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.