KINKIN: 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.
What changed
KINKIN
NACE 73.300, Public relations and communication consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€57,807
2024 · €74,312-€16,506
Equity
€416,404
2024 · €358,598+€57,807
Cash
€13,400
2024 · €14,564-€1,164
Balance sheet total
€1.4m
2024 · €1.2m+€150,822
Largest movements
Assets
- Tangible fixed assets +€143,991
up €143,991 (+15.5%), from €931,549 to €1.1m
of which Land and buildings: +€144,189
Equity and liabilities
- Other debts +€61,573
up €61,573 (+923%), from €6,673 to €68,246
- Reserves +€57,800
up €57,800 (+22.2%), from €260,789 to €318,589
of which Distributable reserves: +€57,800
Income statement
- Depreciation +€31,090
up €31,090 (+106%), from €29,330 to €60,421
- Taxes -€8,275
down €8,275 (-23.6%), from €35,098 to €26,823
- Gross operating margin +€7,252
up €7,252 (+4.4%), from €165,529 to €172,781
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.
Result 2024
€74,312
Gross operating margin
+€7,252
Depreciation
-€31,090
Other operating charges
-€27
Financial income
+€22
Financial charges
-€937
Taxes
+€8,275
Result 2025
€57,807
raises the resultlowers the result
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.
From operations
+€179,946
Investment
-€204,411
Financing
+€23,302
Cash 2024
€14,564
From operations (derived)
+€179,946
Net result for the year
+€57,807
Depreciation
+€60,421
Receivables within one year
-€7,674
Deferred charges and accrued income
-€322
Trade debts
+€6,364
Tax, wage and social debts
+€817
Other debts
+€61,573
Accrued charges and deferred income
+€960
Investment (derived)
-€204,411
Investment in fixed assets (net)
-€204,411
Financing
+€23,302
Debts after one year
+€12,804
Current portion of long-term debt
+€10,498
Cash 2025
€13,400
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,199,247 | €1,350,069 | +€150,822 | +12.6% |
| Fixed assets | 21/28 | €1,181,899 | €1,325,889 | +€143,991 | +12.2% |
| Tangible fixed assets | 22/27 | €931,549 | €1,075,539 | +€143,991 | +15.5% |
| Land and buildings | 22 | €931,161 | €1,075,349 | +€144,189 | +15.5% |
| Furniture and vehicles | 24 | €388 | €190 | -€198 | -51.0% |
| Financial fixed assets | 28 | €250,350 | €250,350 | = | 0.0% |
| Current assets | 29/58 | €17,348 | €24,180 | +€6,832 | +39.4% |
| Amounts receivable within one year | 40/41 | €1,085 | €8,759 | +€7,674 | +707% |
| Trade receivables | 40 | - | €6,091 | +€6,091 | |
| Other amounts receivable | 41 | €1,085 | €2,668 | +€1,582 | +146% |
| Cash at bank and in hand | 54/58 | €14,564 | €13,400 | -€1,164 | -8.0% |
| Deferred charges and accrued income | 490/1 | €1,699 | €2,020 | +€322 | +18.9% |
| Total equity and liabilities | 10/49 | €1,199,247 | €1,350,069 | +€150,822 | +12.6% |
| Equity | 10/15 | €358,598 | €416,404 | +€57,807 | +16.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €260,789 | €318,589 | +€57,800 | +22.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €258,929 | €316,729 | +€57,800 | +22.3% |
| Profit (loss) carried forward | 14 | €79,209 | €79,216 | +€7 | 0.0% |
| Amounts payable | 17/49 | €840,649 | €933,665 | +€93,016 | +11.1% |
| Amounts payable after more than one year | 17 | €715,298 | €728,102 | +€12,804 | +1.8% |
| Financial debts | 170/4 | €715,298 | €728,102 | +€12,804 | +1.8% |
| Amounts payable within one year | 42/48 | €122,886 | €202,138 | +€79,252 | +64.5% |
| Current portion of amounts payable after more than one year | 42 | €108,038 | €118,536 | +€10,498 | +9.7% |
| Trade debts | 44 | €3,077 | €9,441 | +€6,364 | +207% |
| Suppliers | 440/4 | €3,077 | €9,441 | +€6,364 | +207% |
| Taxes, remuneration and social security | 45 | €5,098 | €5,915 | +€817 | +16.0% |
| Taxes | 450/3 | €5,098 | €5,915 | +€817 | +16.0% |
| Other amounts payable | 47/48 | €6,673 | €68,246 | +€61,573 | +923% |
| Accrued charges and deferred income | 492/3 | €2,465 | €3,425 | +€960 | +38.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,330 | €60,421 | +€31,090 | +106% |
| Other operating charges | 640/8 | €3,620 | €3,647 | +€27 | +0.8% |
| Gross operating margin | 9900 | €165,529 | €172,781 | +€7,252 | +4.4% |
| Operating profit (loss) | 9901 | €132,579 | €108,713 | -€23,866 | -18.0% |
| Financial income | 75/76B | - | €22 | +€22 | |
| Recurring financial income | 75 | - | €22 | +€22 | |
| Financial charges | 65/66B | €23,169 | €24,106 | +€937 | +4.0% |
| Recurring financial charges | 65 | €23,169 | €24,106 | +€937 | +4.0% |
| Profit (loss) for the period before taxes | 9903 | €109,410 | €84,630 | -€24,780 | -22.6% |
| Income taxes | 67/77 | €35,098 | €26,823 | -€8,275 | -23.6% |
| Profit (loss) for the period | 9904 | €74,312 | €57,807 | -€16,506 | -22.2% |
| Profit (loss) for the period to be appropriated | 9905 | €74,312 | €57,807 | -€16,506 | -22.2% |
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 18 October 2026 via checked.be.