MON KINE BORTOLIN: 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.
MON KINE BORTOLIN
Largest movements
- Intangible fixed assets -€24,258
down €24,258 (-26.8%), from €90,665 to €66,407
- Tangible fixed assets +€7,981
up €7,981 (+25.1%), from €31,852 to €39,833
of which Other tangible fixed assets: +€6,697
- Debts after one year -€16,482
down €16,482 (-34.1%), from €48,353 to €31,871
- Financial charges -€5,722
down €5,722 (-65.9%), from €8,685 to €2,964
- Gross operating margin -€5,648
down €5,648 (-12.2%), from €46,159 to €40,511
- Depreciation -€3,588
down €3,588 (-9.5%), from €37,717 to €34,128
- Taxes +€676
up €676 (+34.2%), from €1,974 to €2,650
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 | €126,904 | €110,761 | -€16,142 | -12.7% |
| Fixed assets | 21/28 | €122,517 | €106,240 | -€16,277 | -13.3% |
| Intangible fixed assets | 21 | €90,665 | €66,407 | -€24,258 | -26.8% |
| Tangible fixed assets | 22/27 | €31,852 | €39,833 | +€7,981 | +25.1% |
| Plant, machinery and equipment | 23 | €10,544 | €8,534 | -€2,010 | -19.1% |
| Furniture and vehicles | 24 | €6,296 | €9,591 | +€3,295 | +52.3% |
| Other tangible fixed assets | 26 | €15,012 | €21,709 | +€6,697 | +44.6% |
| Current assets | 29/58 | €4,387 | €4,521 | +€134 | +3.1% |
| Amounts receivable within one year | 40/41 | €632 | €726 | +€94 | +14.8% |
| Trade receivables | 40 | - | €23 | +€23 | |
| Other amounts receivable | 41 | €632 | €703 | +€71 | +11.3% |
| Cash at bank and in hand | 54/58 | €3,539 | €3,401 | -€138 | -3.9% |
| Deferred charges and accrued income | 490/1 | €216 | €394 | +€178 | +82.4% |
| Total equity and liabilities | 10/49 | €126,904 | €110,761 | -€16,142 | -12.7% |
| Equity | 10/15 | €3,054 | €3,429 | +€375 | +12.3% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,946 | -€2,571 | +€375 | +12.7% |
| Amounts payable | 17/49 | €123,850 | €107,332 | -€16,518 | -13.3% |
| Amounts payable after more than one year | 17 | €48,353 | €31,871 | -€16,482 | -34.1% |
| Financial debts | 170/4 | €48,353 | €31,871 | -€16,482 | -34.1% |
| Amounts payable within one year | 42/48 | €75,462 | €75,428 | -€34 | 0.0% |
| Current portion of amounts payable after more than one year | 42 | €15,874 | €16,482 | +€607 | +3.8% |
| Trade debts | 44 | €2,299 | €3,099 | +€800 | +34.8% |
| Suppliers | 440/4 | €2,299 | €3,099 | +€800 | +34.8% |
| Taxes, remuneration and social security | 45 | €2,441 | €1,697 | -€744 | -30.5% |
| Taxes | 450/3 | €1,419 | €1,697 | +€278 | +19.6% |
| Remuneration and social security | 454/9 | €1,022 | €0 | -€1,022 | -100% |
| Other amounts payable | 47/48 | €54,847 | €54,150 | -€697 | -1.3% |
| Accrued charges and deferred income | 492/3 | €35 | €33 | -€2 | -5.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,717 | €34,128 | -€3,588 | -9.5% |
| Other operating charges | 640/8 | €772 | €400 | -€372 | -48.2% |
| Gross operating margin | 9900 | €46,159 | €40,511 | -€5,648 | -12.2% |
| Operating profit (loss) | 9901 | €7,671 | €5,983 | -€1,688 | -22.0% |
| Financial income | 75/76B | €43 | €6 | -€37 | -85.6% |
| Recurring financial income | 75 | €43 | €6 | -€37 | -85.6% |
| Financial charges | 65/66B | €8,685 | €2,964 | -€5,722 | -65.9% |
| Recurring financial charges | 65 | €8,685 | €2,964 | -€5,722 | -65.9% |
| Profit (loss) for the period before taxes | 9903 | -€972 | €3,025 | +€3,997 | |
| Income taxes | 67/77 | €1,974 | €2,650 | +€676 | +34.2% |
| Profit (loss) for the period | 9904 | -€2,946 | €375 | +€3,321 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,946 | €375 | +€3,321 |
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 27 October 2026 via checked.be.