KINT-BARGOODS: 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
KINT-BARGOODS
NACE 68.203, Renting and operating of own or leased non-residential real estate, excluding land
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€156,016
2024 · €71,177+€84,839
Equity
€1.7m
2024 · €1.5m+€156,016
Cash
€50,198
2024 · €53,647-€3,449
Balance sheet total
€5.9m
2024 · €3.7m+€2.1m
Largest movements
Assets
- Stocks and contracts +€2.4m
up €2.4m (+515%), from €463,787 to €2.9m
- Current investments -€250,000
down €250,000 (-48.1%), from €520,000 to €270,000
Equity and liabilities
- Short-term financial debts +€2.0m
new in 2025: €2.0m
- Reserves +€156,016
up €156,016 (+16.4%), from €948,663 to €1.1m
of which Distributable reserves: +€156,016
- Other debts -€112,000
down €112,000 (-5.2%), from €2.2m to €2.1m
Income statement
- Gross operating margin +€110,747
up €110,747 (+31.9%), from €347,352 to €458,098
- Depreciation -€70,794
down €70,794 (-30.7%), from €230,670 to €159,876
- Taxes +€50,403
up €50,403 (+212%), from €23,735 to €74,139
- Financial charges +€43,931
up €43,931 (+122,029%), from €36 to €43,967
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
€71,177
Gross operating margin
+€110,747
Depreciation
+€70,794
Other operating charges
-€4,201
Financial income
+€1,834
Financial charges
-€43,931
Taxes
-€50,403
Result 2025
€156,016
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
-€2.1m
Investment
+€116,159
Financing
+€2.0m
Cash 2024
€53,647
From operations (derived)
-€2.1m
Net result for the year
+€156,016
Depreciation
+€159,876
Stocks and contracts
-€2.4m
Receivables within one year
+€18,298
Deferred charges and accrued income
-€22,928
Trade debts
+€53,910
Tax, wage and social debts
+€31,583
Other debts
-€112,000
Accrued charges and deferred income
-€14,033
Investment (derived)
+€116,159
Investment in fixed assets (net)
-€133,841
Current investments
+€250,000
Financing
+€2.0m
Short-term financial debts
+€2.0m
Cash 2025
€50,198
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,743,192 | €5,858,669 | +€2.1m | +56.5% |
| Fixed assets | 21/28 | €2,669,173 | €2,643,138 | -€26,035 | -1.0% |
| Tangible fixed assets | 22/27 | €2,669,173 | €2,643,138 | -€26,035 | -1.0% |
| Other tangible fixed assets | 26 | €2,669,173 | €2,643,138 | -€26,035 | -1.0% |
| Current assets | 29/58 | €1,074,019 | €3,215,530 | +€2.1m | +199% |
| Stocks and contracts in progress | 3 | €463,787 | €2,854,117 | +€2.4m | +515% |
| Stocks | 30/36 | €463,787 | €2,854,117 | +€2.4m | +515% |
| Amounts receivable within one year | 40/41 | €18,298 | - | -€18,298 | |
| Other amounts receivable | 41 | €18,298 | - | -€18,298 | |
| Current investments | 50/53 | €520,000 | €270,000 | -€250,000 | -48.1% |
| Cash at bank and in hand | 54/58 | €53,647 | €50,198 | -€3,449 | -6.4% |
| Deferred charges and accrued income | 490/1 | €18,288 | €41,215 | +€22,928 | +125% |
| Total equity and liabilities | 10/49 | €3,743,192 | €5,858,669 | +€2.1m | +56.5% |
| Equity | 10/15 | €1,525,063 | €1,681,078 | +€156,016 | +10.2% |
| Contributions | 10/11 | €576,400 | €576,400 | = | 0.0% |
| Capital | 10 | €576,400 | €576,400 | = | 0.0% |
| Issued capital | 100 | €576,400 | €576,400 | = | 0.0% |
| Reserves | 13 | €948,663 | €1,104,678 | +€156,016 | +16.4% |
| Non-distributable reserves | 130/1 | €58,076 | €58,076 | = | 0.0% |
| Legal reserve | 130 | €57,640 | €57,640 | = | 0.0% |
| Other | 1319 | €436 | €436 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,487 | €1,487 | = | 0.0% |
| Distributable reserves | 133 | €889,100 | €1,045,116 | +€156,016 | +17.5% |
| Amounts payable | 17/49 | €2,218,130 | €4,177,590 | +€2.0m | +88.3% |
| Amounts payable after more than one year | 17 | €70 | €70 | = | 0.0% |
| Other amounts payable | 178/9 | €70 | €70 | = | 0.0% |
| Amounts payable within one year | 42/48 | €2,201,209 | €4,174,703 | +€2.0m | +89.7% |
| Financial debts | 43 | - | €2,000,000 | +€2.0m | |
| Credit institutions | 430/8 | - | €2,000,000 | +€2.0m | |
| Trade debts | 44 | €29,209 | €83,119 | +€53,910 | +185% |
| Suppliers | 440/4 | €29,209 | €83,119 | +€53,910 | +185% |
| Taxes, remuneration and social security | 45 | - | €31,583 | +€31,583 | |
| Taxes | 450/3 | - | €31,583 | +€31,583 | |
| Other amounts payable | 47/48 | €2,172,000 | €2,060,000 | -€112,000 | -5.2% |
| Accrued charges and deferred income | 492/3 | €16,850 | €2,818 | -€14,033 | -83.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €230,670 | €159,876 | -€70,794 | -30.7% |
| Other operating charges | 640/8 | €29,152 | €33,353 | +€4,201 | +14.4% |
| Gross operating margin | 9900 | €347,352 | €458,098 | +€110,747 | +31.9% |
| Operating profit (loss) | 9901 | €87,530 | €264,869 | +€177,339 | +203% |
| Financial income | 75/76B | €7,418 | €9,252 | +€1,834 | +24.7% |
| Recurring financial income | 75 | €7,418 | €9,252 | +€1,834 | +24.7% |
| Financial charges | 65/66B | €36 | €43,967 | +€43,931 | +122,029% |
| Recurring financial charges | 65 | €36 | €43,967 | +€43,931 | +122,029% |
| Profit (loss) for the period before taxes | 9903 | €94,912 | €230,154 | +€135,242 | +142% |
| Income taxes | 67/77 | €23,735 | €74,139 | +€50,403 | +212% |
| Profit (loss) for the period | 9904 | €71,177 | €156,016 | +€84,839 | +119% |
| Profit (loss) for the period to be appropriated | 9905 | €71,177 | €156,016 | +€84,839 | +119% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.