Kinos-Eindhout: 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.
Kinos-Eindhout
Largest movements
- Cash -€15,708
down €15,708 (-22.2%), from €70,895 to €55,187
mainly Investment in fixed assets (net) (-€37,878) and Debts after one year (-€25,586)
- Tangible fixed assets +€13,161
up €13,161 (+2.6%), from €513,049 to €526,210
of which Land and buildings: +€12,642
- Debts after one year -€25,586
down €25,586 (-6.3%), from €407,329 to €381,743
- Trade debts +€15,641
up €15,641 (+70.1%), from €22,304 to €37,945
- Profit (loss) carried forward +€8,517
up €8,517 (+50.5%), from -€16,856 to -€8,339
- Gross operating margin -€9,804
down €9,804 (-18.4%), from €53,257 to €43,453
- Depreciation +€1,501
up €1,501 (+6.5%), from €23,217 to €24,717
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 | €587,408 | €586,331 | -€1,077 | -0.2% |
| Fixed assets | 21/28 | €513,049 | €526,210 | +€13,161 | +2.6% |
| Tangible fixed assets | 22/27 | €513,049 | €526,210 | +€13,161 | +2.6% |
| Land and buildings | 22 | €500,814 | €513,457 | +€12,642 | +2.5% |
| Plant, machinery and equipment | 23 | €9,713 | €6,646 | -€3,067 | -31.6% |
| Furniture and vehicles | 24 | €2,521 | €6,108 | +€3,587 | +142.3% |
| Current assets | 29/58 | €74,359 | €60,121 | -€14,238 | -19.1% |
| Amounts receivable within one year | 40/41 | €2,264 | €3,661 | +€1,397 | +61.7% |
| Trade receivables | 40 | €2,254 | €3,661 | +€1,407 | +62.4% |
| Other amounts receivable | 41 | €10 | €0 | -€10 | -100.0% |
| Cash at bank and in hand | 54/58 | €70,895 | €55,187 | -€15,708 | -22.2% |
| Deferred charges and accrued income | 490/1 | €1,200 | €1,273 | +€73 | +6.1% |
| Total equity and liabilities | 10/49 | €587,408 | €586,331 | -€1,077 | -0.2% |
| Equity | 10/15 | €103,144 | €111,661 | +€8,517 | +8.3% |
| Contributions | 10/11 | €120,000 | €120,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,856 | -€8,339 | +€8,517 | +50.5% |
| Amounts payable | 17/49 | €484,264 | €474,670 | -€9,594 | -2.0% |
| Amounts payable after more than one year | 17 | €407,329 | €381,743 | -€25,586 | -6.3% |
| Financial debts | 170/4 | €407,329 | €381,743 | -€25,586 | -6.3% |
| Amounts payable within one year | 42/48 | €76,935 | €92,927 | +€15,992 | +20.8% |
| Current portion of amounts payable after more than one year | 42 | €25,235 | €25,586 | +€351 | +1.4% |
| Trade debts | 44 | €22,304 | €37,945 | +€15,641 | +70.1% |
| Suppliers | 440/4 | €22,304 | €37,945 | +€15,641 | +70.1% |
| Other amounts payable | 47/48 | €29,395 | €29,395 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,217 | €24,717 | +€1,501 | +6.5% |
| Other operating charges | 640/8 | €2,990 | €2,974 | -€16 | -0.5% |
| Gross operating margin | 9900 | €53,257 | €43,453 | -€9,804 | -18.4% |
| Operating profit (loss) | 9901 | €27,051 | €15,762 | -€11,289 | -41.7% |
| Financial income | 75/76B | €97 | €0 | -€97 | -100.0% |
| Recurring financial income | 75 | €97 | €0 | -€97 | -100.0% |
| Financial charges | 65/66B | €6,783 | €7,245 | +€461 | +6.8% |
| Recurring financial charges | 65 | €6,783 | €7,245 | +€461 | +6.8% |
| Profit (loss) for the period before taxes | 9903 | €20,364 | €8,517 | -€11,847 | -58.2% |
| Profit (loss) for the period | 9904 | €20,364 | €8,517 | -€11,847 | -58.2% |
| Profit (loss) for the period to be appropriated | 9905 | €20,364 | €8,517 | -€11,847 | -58.2% |
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 10 October 2026 via checked.be.