LD KIN: what changed
Two fiscal 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.
LD KIN
Largest movements
- Cash +€9,420
up €9,420 (+239.1%), from €3,939 to €13,360
mainly Depreciation (+€13,292) and Net result for the year (+€9,569)
- Intangible fixed assets -€9,000
down €9,000 (-10.5%), from €85,808 to €76,808
- Deferred charges and accrued income +€3,661
up €3,661 (+32.6%), from €11,214 to €14,875
- Tangible fixed assets -€2,503
down €2,503 (-24.2%), from €10,363 to €7,860
of which Furniture and vehicles: -€2,170
- Other debts -€20,903
down €20,903 (-21.6%), from €96,958 to €76,056
- Reserves +€9,569
up €9,569 (+121.0%), from €7,907 to €17,476
- Trade debts +€7,685
up €7,685 (+969.5%), from €793 to €8,478
- Tax, wage and social debts +€3,333
up €3,333 (+63.8%), from €5,223 to €8,556
of which Taxes: +€3,333
- Gross operating margin +€11,789
up €11,789 (+64.8%), from €18,190 to €29,979
- Depreciation +€7,964
up €7,964 (+149.4%), from €5,329 to €13,292
- Taxes +€1,610
up €1,610 (+43.2%), from €3,723 to €5,333
- Other operating charges +€561
up €561 (+78.9%), from €712 to €1,273
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 | €111,381 | €112,960 | +€1,578 | +1.4% |
| Fixed assets | 21/28 | €96,228 | €84,725 | -€11,503 | -12.0% |
| Intangible fixed assets | 21 | €85,808 | €76,808 | -€9,000 | -10.5% |
| Tangible fixed assets | 22/27 | €10,363 | €7,860 | -€2,503 | -24.2% |
| Plant, machinery and equipment | 23 | €845 | €511 | -€333 | -39.5% |
| Furniture and vehicles | 24 | €9,518 | €7,348 | -€2,170 | -22.8% |
| Financial fixed assets | 28 | €57 | €57 | = | 0.0% |
| Current assets | 29/58 | €15,154 | €28,235 | +€13,081 | +86.3% |
| Cash at bank and in hand | 54/58 | €3,939 | €13,360 | +€9,420 | +239.1% |
| Deferred charges and accrued income | 490/1 | €11,214 | €14,875 | +€3,661 | +32.6% |
| Total equity and liabilities | 10/49 | €111,381 | €112,960 | +€1,578 | +1.4% |
| Equity | 10/15 | €8,407 | €17,976 | +€9,569 | +113.8% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €7,907 | €17,476 | +€9,569 | +121.0% |
| Distributable reserves | 133 | €7,907 | €17,476 | +€9,569 | +121.0% |
| Amounts payable | 17/49 | €102,974 | €94,984 | -€7,991 | -7.8% |
| Amounts payable after more than one year | 17 | - | €879 | +€879 | |
| Financial debts | 170/4 | - | €879 | +€879 | |
| Amounts payable within one year | 42/48 | €102,974 | €94,105 | -€8,869 | -8.6% |
| Current portion of amounts payable after more than one year | 42 | - | €1,015 | +€1,015 | |
| Trade debts | 44 | €793 | €8,478 | +€7,685 | +969.5% |
| Suppliers | 440/4 | €793 | €8,478 | +€7,685 | +969.5% |
| Taxes, remuneration and social security | 45 | €5,223 | €8,556 | +€3,333 | +63.8% |
| Taxes | 450/3 | €3,723 | €7,056 | +€3,333 | +89.5% |
| Remuneration and social security | 454/9 | €1,500 | €1,500 | = | 0.0% |
| Other amounts payable | 47/48 | €96,958 | €76,056 | -€20,903 | -21.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,329 | €13,292 | +€7,964 | +149.4% |
| Other operating charges | 640/8 | €712 | €1,273 | +€561 | +78.9% |
| Gross operating margin | 9900 | €18,190 | €29,979 | +€11,789 | +64.8% |
| Operating profit (loss) | 9901 | €12,150 | €15,414 | +€3,264 | +26.9% |
| Financial income | 75/76B | €0 | €20 | +€20 | +199900.0% |
| Recurring financial income | 75 | €0 | €20 | +€20 | +199900.0% |
| Financial charges | 65/66B | €519 | €532 | +€13 | +2.5% |
| Recurring financial charges | 65 | €519 | €532 | +€13 | +2.5% |
| Profit (loss) for the period before taxes | 9903 | €11,630 | €14,902 | +€3,271 | +28.1% |
| Income taxes | 67/77 | €3,723 | €5,333 | +€1,610 | +43.2% |
| Profit (loss) for the period | 9904 | €7,907 | €9,569 | +€1,662 | +21.0% |
| Profit (loss) for the period to be appropriated | 9905 | €7,907 | €9,569 | +€1,662 | +21.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.