KWINTEN: 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.
KWINTEN
Largest movements
- Tangible fixed assets -€4,124
down €4,124 (-6.1%), from €67,501 to €63,377
of which Plant, machinery and equipment: -€4,446
- Intangible fixed assets +€3,479
new in 2025: €3,479
- Cash +€2,060
up €2,060 (+16.6%), from €12,431 to €14,491
mainly Depreciation (+€22,168) and Other debts (+€3,990)
- Deferred charges and accrued income -€1,280
down €1,280 (-23.2%), from €5,519 to €4,239
- Receivables within one year -€1,061
down €1,061 (-10.9%), from €9,694 to €8,634
of which Trade receivables: -€1,064
- Trade debts -€6,388
no longer reported in 2025 (was €6,388)
- Other debts +€3,990
up €3,990 (+11.6%), from €34,540 to €38,531
- Tax, wage and social debts +€1,865
up €1,865 (+32.5%), from €5,744 to €7,609
of which Taxes: +€1,841
- Advances received +€1,056
up €1,056 (+40.2%), from €2,624 to €3,679
- Gross operating margin +€11,194
up €11,194 (+77.0%), from €14,532 to €25,726
- Depreciation +€3,736
up €3,736 (+20.3%), from €18,432 to €22,168
- Financial charges -€561
down €561 (-18.1%), from €3,092 to €2,531
- Financial income +€265
up €265 (+574%), from €46 to €311
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €101,676 | €101,149 | -€527 | -0.5% |
| Fixed assets | 21/28 | €67,501 | €66,857 | -€644 | -1.0% |
| Intangible fixed assets | 21 | - | €3,479 | +€3,479 | |
| Tangible fixed assets | 22/27 | €67,501 | €63,377 | -€4,124 | -6.1% |
| Land and buildings | 22 | €12,600 | €11,550 | -€1,050 | -8.3% |
| Plant, machinery and equipment | 23 | €9,950 | €5,504 | -€4,446 | -44.7% |
| Furniture and vehicles | 24 | €11,871 | €11,869 | -€2 | 0.0% |
| Other tangible fixed assets | 26 | €33,080 | €34,455 | +€1,374 | +4.2% |
| Current assets | 29/58 | €34,175 | €34,292 | +€117 | +0.3% |
| Stocks and contracts in progress | 3 | €6,531 | €6,929 | +€398 | +6.1% |
| Stocks | 30/36 | €6,531 | €6,929 | +€398 | +6.1% |
| Amounts receivable within one year | 40/41 | €9,694 | €8,634 | -€1,061 | -10.9% |
| Trade receivables | 40 | €9,694 | €8,630 | -€1,064 | -11.0% |
| Other amounts receivable | 41 | - | €3 | +€3 | |
| Cash at bank and in hand | 54/58 | €12,431 | €14,491 | +€2,060 | +16.6% |
| Deferred charges and accrued income | 490/1 | €5,519 | €4,239 | -€1,280 | -23.2% |
| Total equity and liabilities | 10/49 | €101,676 | €101,149 | -€527 | -0.5% |
| Equity | 10/15 | €51,965 | €51,263 | -€702 | -1.4% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Profit (loss) carried forward | 14 | €43,905 | €43,203 | -€702 | -1.6% |
| Amounts payable | 17/49 | €49,711 | €49,886 | +€175 | +0.4% |
| Amounts payable within one year | 42/48 | €49,296 | €49,819 | +€523 | +1.1% |
| Trade debts | 44 | €6,388 | - | -€6,388 | |
| Suppliers | 440/4 | €6,388 | - | -€6,388 | |
| Advances received on contracts in progress | 46 | €2,624 | €3,679 | +€1,056 | +40.2% |
| Taxes, remuneration and social security | 45 | €5,744 | €7,609 | +€1,865 | +32.5% |
| Taxes | 450/3 | €2,935 | €4,776 | +€1,841 | +62.7% |
| Remuneration and social security | 454/9 | €2,810 | €2,834 | +€24 | +0.9% |
| Other amounts payable | 47/48 | €34,540 | €38,531 | +€3,990 | +11.6% |
| Accrued charges and deferred income | 492/3 | €415 | €67 | -€348 | -83.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,432 | €22,168 | +€3,736 | +20.3% |
| Other operating charges | 640/8 | €1,972 | €1,730 | -€242 | -12.3% |
| Gross operating margin | 9900 | €14,532 | €25,726 | +€11,194 | +77.0% |
| Operating profit (loss) | 9901 | -€5,872 | €1,827 | +€7,699 | |
| Financial income | 75/76B | €46 | €311 | +€265 | +574% |
| Recurring financial income | 75 | €46 | €311 | +€265 | +574% |
| Financial charges | 65/66B | €3,092 | €2,531 | -€561 | -18.1% |
| Recurring financial charges | 65 | €3,092 | €2,531 | -€561 | -18.1% |
| Profit (loss) for the period before taxes | 9903 | -€8,918 | -€393 | +€8,525 | +95.6% |
| Income taxes | 67/77 | €318 | €309 | -€8 | -2.6% |
| Profit (loss) for the period | 9904 | -€9,235 | -€702 | +€8,533 | +92.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,235 | -€702 | +€8,533 | +92.4% |
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 19 October 2026 via checked.be.