KinHECO: 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.
KinHECO
Largest movements
- Tangible fixed assets -€4,238
down €4,238 (-33.6%), from €12,625 to €8,387
- Tax, wage and social debts -€4,176
down €4,176 (-67.3%), from €6,202 to €2,026
- Profit (loss) carried forward +€362
up €362 (+1.8%), from €20,052 to €20,413
- Gross operating margin -€22,319
down €22,319 (-68.3%), from €32,658 to €10,339
- Taxes -€4,476
down €4,476 (-72.2%), from €6,202 to €1,726
- Depreciation +€1,341
up €1,341 (+27.5%), from €4,875 to €6,216
- Other operating charges +€410
up €410 (+27.4%), from €1,495 to €1,905
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 | €28,254 | €24,440 | -€3,815 | -13.5% |
| Fixed assets | 21/28 | €12,625 | €8,387 | -€4,238 | -33.6% |
| Tangible fixed assets | 22/27 | €12,625 | €8,387 | -€4,238 | -33.6% |
| Furniture and vehicles | 24 | €12,625 | €8,387 | -€4,238 | -33.6% |
| Current assets | 29/58 | €15,629 | €16,052 | +€423 | +2.7% |
| Amounts receivable within one year | 40/41 | €14,290 | €14,351 | +€61 | +0.4% |
| Trade receivables | 40 | €450 | - | -€450 | |
| Other amounts receivable | 41 | €13,840 | €14,351 | +€511 | +3.7% |
| Cash at bank and in hand | 54/58 | €387 | €509 | +€122 | +31.6% |
| Deferred charges and accrued income | 490/1 | €952 | €1,193 | +€240 | +25.2% |
| Total equity and liabilities | 10/49 | €28,254 | €24,440 | -€3,815 | -13.5% |
| Equity | 10/15 | €22,052 | €22,413 | +€362 | +1.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,052 | €20,413 | +€362 | +1.8% |
| Amounts payable | 17/49 | €6,202 | €2,026 | -€4,176 | -67.3% |
| Amounts payable within one year | 42/48 | €6,202 | €2,026 | -€4,176 | -67.3% |
| Taxes, remuneration and social security | 45 | €6,202 | €2,026 | -€4,176 | -67.3% |
| Taxes | 450/3 | €6,202 | €2,026 | -€4,176 | -67.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,875 | €6,216 | +€1,341 | +27.5% |
| Other operating charges | 640/8 | €1,495 | €1,905 | +€410 | +27.4% |
| Gross operating margin | 9900 | €32,658 | €10,339 | -€22,319 | -68.3% |
| Operating profit (loss) | 9901 | €26,288 | €2,218 | -€24,070 | -91.6% |
| Financial charges | 65/66B | €34 | €130 | +€97 | +288.2% |
| Recurring financial charges | 65 | €34 | €130 | +€97 | +288.2% |
| Profit (loss) for the period before taxes | 9903 | €26,254 | €2,088 | -€24,167 | -92.0% |
| Income taxes | 67/77 | €6,202 | €1,726 | -€4,476 | -72.2% |
| Profit (loss) for the period | 9904 | €20,052 | €362 | -€19,690 | -98.2% |
| Profit (loss) for the period to be appropriated | 9905 | €20,052 | €362 | -€19,690 | -98.2% |
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.