LC Kiné: 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.
LC Kiné
Largest movements
- Cash +€53,980
up €53,980 (+38.7%), from €139,549 to €193,529
mainly Depreciation (+€57,976) and Net result for the year (+€19,203)
- Intangible fixed assets -€44,640
no longer reported in 2025 (was €44,640)
- Tangible fixed assets -€11,388
down €11,388 (-47.8%), from €23,824 to €12,435
of which Furniture and vehicles: -€7,840
- Receivables within one year -€8,555
down €8,555 (-70.2%), from €12,182 to €3,627
of which Other amounts receivable: -€6,738
- Other debts -€22,631
down €22,631 (-30.8%), from €73,452 to €50,821
- Reserves +€19,000
up €19,000 (+57.6%), from €33,000 to €52,000
of which Distributable reserves: +€19,000
- Current portion of long-term debt -€8,414
no longer reported in 2025 (was €8,414)
- Purchases and services -€16,228
down €16,228 (-19.5%), from €83,069 to €66,841
- Turnover -€12,160
down €12,160 (-7.4%), from €165,238 to €153,078
- Gross operating margin +€3,783
up €3,783 (+4.4%), from €86,389 to €90,171
- Taxes +€1,843
up €1,843 (+18.2%), from €10,147 to €11,990
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 | €220,547 | €209,758 | -€10,789 | -4.9% |
| Fixed assets | 21/28 | €68,463 | €12,435 | -€56,028 | -81.8% |
| Intangible fixed assets | 21 | €44,640 | - | -€44,640 | |
| Tangible fixed assets | 22/27 | €23,824 | €12,435 | -€11,388 | -47.8% |
| Plant, machinery and equipment | 23 | €4,097 | €745 | -€3,352 | -81.8% |
| Furniture and vehicles | 24 | €18,076 | €10,236 | -€7,840 | -43.4% |
| Other tangible fixed assets | 26 | €1,651 | €1,454 | -€196 | -11.9% |
| Current assets | 29/58 | €152,084 | €197,323 | +€45,239 | +29.7% |
| Amounts receivable within one year | 40/41 | €12,182 | €3,627 | -€8,555 | -70.2% |
| Trade receivables | 40 | €2,961 | €1,144 | -€1,817 | -61.4% |
| Other amounts receivable | 41 | €9,221 | €2,483 | -€6,738 | -73.1% |
| Cash at bank and in hand | 54/58 | €139,549 | €193,529 | +€53,980 | +38.7% |
| Deferred charges and accrued income | 490/1 | €353 | €167 | -€186 | -52.7% |
| Total equity and liabilities | 10/49 | €220,547 | €209,758 | -€10,789 | -4.9% |
| Equity | 10/15 | €137,508 | €156,711 | +€19,203 | +14.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Capital | 10 | €5,000 | €5,000 | = | 0.0% |
| Issued capital | 100 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €33,000 | €52,000 | +€19,000 | +57.6% |
| Non-distributable reserves | 130/1 | €500 | €500 | = | 0.0% |
| Legal reserve | 130 | €500 | €500 | = | 0.0% |
| Distributable reserves | 133 | €32,500 | €51,500 | +€19,000 | +58.5% |
| Profit (loss) carried forward | 14 | €99,508 | €99,711 | +€203 | +0.2% |
| Amounts payable | 17/49 | €83,040 | €53,047 | -€29,992 | -36.1% |
| Amounts payable within one year | 42/48 | €83,040 | €53,047 | -€29,992 | -36.1% |
| Current portion of amounts payable after more than one year | 42 | €8,414 | - | -€8,414 | |
| Trade debts | 44 | €173 | €213 | +€40 | +23.0% |
| Suppliers | 440/4 | €173 | €213 | +€40 | +23.0% |
| Taxes, remuneration and social security | 45 | €1,000 | €2,013 | +€1,013 | +101% |
| Taxes | 450/3 | €1,000 | €2,013 | +€1,013 | +101% |
| Other amounts payable | 47/48 | €73,452 | €50,821 | -€22,631 | -30.8% |
| Turnover | 70 | €165,238 | €153,078 | -€12,160 | -7.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €83,069 | €66,841 | -€16,228 | -19.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €57,919 | €57,976 | +€57 | +0.1% |
| Other operating charges | 640/8 | €1,485 | €848 | -€637 | -42.9% |
| Non-recurring operating charges | 66A | €1,440 | - | -€1,440 | |
| Gross operating margin | 9900 | €86,389 | €90,171 | +€3,783 | +4.4% |
| Operating profit (loss) | 9901 | €25,545 | €31,348 | +€5,803 | +22.7% |
| Financial income | 75/76B | €0 | €99 | +€99 | +496,700% |
| Recurring financial income | 75 | €0 | €99 | +€99 | +496,700% |
| Financial charges | 65/66B | €327 | €253 | -€74 | -22.6% |
| Recurring financial charges | 65 | €327 | €253 | -€74 | -22.6% |
| Profit (loss) for the period before taxes | 9903 | €25,218 | €31,194 | +€5,976 | +23.7% |
| Income taxes | 67/77 | €10,147 | €11,990 | +€1,843 | +18.2% |
| Profit (loss) for the period | 9904 | €15,071 | €19,203 | +€4,133 | +27.4% |
| Profit (loss) for the period to be appropriated | 9905 | €15,071 | €19,203 | +€4,133 | +27.4% |
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 16 October 2026 via checked.be.