LDé KINE: 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.
LDé KINE
Largest movements
- Cash +€10,478
up €10,478 (+90.7%), from €11,552 to €22,030
mainly Net result for the year (+€22,875) and Other debts (+€1,941)
- Deferred charges and accrued income +€3,088
up €3,088 (+486.1%), from €635 to €3,723
- Receivables within one year +€2,924
up €2,924 (+10.5%), from €27,963 to €30,887
- Tangible fixed assets -€745
down €745 (-21.5%), from €3,473 to €2,728
- Reserves +€22,875
up €22,875 (+103.5%), from €22,102 to €44,977
- Tax, wage and social debts -€4,572
down €4,572 (-66.9%), from €6,834 to €2,262
- Accrued charges and deferred income -€3,116
down €3,116 (-76.1%), from €4,095 to €979
- Other debts +€1,941
up €1,941 (+31.3%), from €6,210 to €8,150
- Trade debts -€1,383
no longer reported in 2025 (was €1,383)
- Depreciation -€2,299
down €2,299 (-75.5%), from €3,044 to €745
- Gross operating margin -€1,580
down €1,580 (-4.7%), from €33,401 to €31,820
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 | €43,624 | €59,369 | +€15,745 | +36.1% |
| Fixed assets | 21/28 | €3,473 | €2,728 | -€745 | -21.5% |
| Tangible fixed assets | 22/27 | €3,473 | €2,728 | -€745 | -21.5% |
| Furniture and vehicles | 24 | €3,473 | €2,728 | -€745 | -21.5% |
| Current assets | 29/58 | €40,150 | €56,640 | +€16,490 | +41.1% |
| Amounts receivable within one year | 40/41 | €27,963 | €30,887 | +€2,924 | +10.5% |
| Trade receivables | 40 | €27,963 | €30,887 | +€2,924 | +10.5% |
| Cash at bank and in hand | 54/58 | €11,552 | €22,030 | +€10,478 | +90.7% |
| Deferred charges and accrued income | 490/1 | €635 | €3,723 | +€3,088 | +486.1% |
| Total equity and liabilities | 10/49 | €43,624 | €59,369 | +€15,745 | +36.1% |
| Equity | 10/15 | €25,102 | €47,977 | +€22,875 | +91.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €22,102 | €44,977 | +€22,875 | +103.5% |
| Distributable reserves | 133 | €22,102 | €44,977 | +€22,875 | +103.5% |
| Amounts payable | 17/49 | €18,522 | €11,392 | -€7,130 | -38.5% |
| Amounts payable within one year | 42/48 | €14,426 | €10,412 | -€4,014 | -27.8% |
| Trade debts | 44 | €1,383 | - | -€1,383 | |
| Suppliers | 440/4 | €1,383 | - | -€1,383 | |
| Taxes, remuneration and social security | 45 | €6,834 | €2,262 | -€4,572 | -66.9% |
| Taxes | 450/3 | €6,834 | €2,262 | -€4,572 | -66.9% |
| Other amounts payable | 47/48 | €6,210 | €8,150 | +€1,941 | +31.3% |
| Accrued charges and deferred income | 492/3 | €4,095 | €979 | -€3,116 | -76.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,044 | €745 | -€2,299 | -75.5% |
| Other operating charges | 640/8 | €1,208 | €962 | -€246 | -20.4% |
| Gross operating margin | 9900 | €33,401 | €31,820 | -€1,580 | -4.7% |
| Operating profit (loss) | 9901 | €29,149 | €30,114 | +€965 | +3.3% |
| Financial charges | 65/66B | €213 | €477 | +€264 | +124.0% |
| Recurring financial charges | 65 | €213 | €477 | +€264 | +124.0% |
| Profit (loss) for the period before taxes | 9903 | €28,936 | €29,637 | +€701 | +2.4% |
| Income taxes | 67/77 | €6,834 | €6,762 | -€72 | -1.1% |
| Profit (loss) for the period | 9904 | €22,102 | €22,875 | +€773 | +3.5% |
| Profit (loss) for the period to be appropriated | 9905 | €22,102 | €22,875 | +€773 | +3.5% |
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.