MY 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.
MY KINE
Largest movements
- Tangible fixed assets +€126,228
up €126,228 (+3,094%), from €4,080 to €130,308
of which Other tangible fixed assets: +€111,533
- Cash -€19,794
down €19,794 (-25.5%), from €77,480 to €57,686
mainly Investment in fixed assets (net) (-€135,652) and Contributions, distributions and other (-€74,271)
- Receivables within one year +€9,027
up €9,027 (+87.7%), from €10,292 to €19,318
- Intangible fixed assets -€7,830
down €7,830 (-20.0%), from €39,150 to €31,320
- Deferred charges and accrued income -€4,222
down €4,222 (-76.3%), from €5,533 to €1,311
- Debts after one year +€92,202
up €92,202 (+1,477%), from €6,243 to €98,445
- Other debts +€49,346
up €49,346 (+198%), from €24,925 to €74,271
- Reserves -€46,875
down €46,875 (-34.8%), from €134,661 to €87,785
- Current portion of long-term debt +€12,186
up €12,186 (+233%), from €5,235 to €17,421
- Tax, wage and social debts -€4,398
no longer reported in 2025 (was €4,398)
- Taxes -€11,698
down €11,698 (-93.9%), from €12,464 to €766
- Depreciation +€7,708
up €7,708 (+80.7%), from €9,546 to €17,253
- Write-downs +€2,364
new in 2025: €2,364
- Financial charges +€2,238
up €2,238 (+106%), from €2,113 to €4,351
- Gross operating margin -€1,976
down €1,976 (-3.8%), from €51,938 to €49,962
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 | €181,034 | €284,443 | +€103,409 | +57.1% |
| Fixed assets | 21/28 | €43,230 | €161,628 | +€118,398 | +274% |
| Intangible fixed assets | 21 | €39,150 | €31,320 | -€7,830 | -20.0% |
| Tangible fixed assets | 22/27 | €4,080 | €130,308 | +€126,228 | +3,094% |
| Plant, machinery and equipment | 23 | €338 | €13,500 | +€13,162 | +3,889% |
| Furniture and vehicles | 24 | €659 | €2,193 | +€1,534 | +233% |
| Other tangible fixed assets | 26 | €3,082 | €114,615 | +€111,533 | +3,619% |
| Current assets | 29/58 | €137,804 | €122,815 | -€14,989 | -10.9% |
| Amounts receivable after more than one year | 29 | €44,500 | €44,500 | = | 0.0% |
| Other amounts receivable | 291 | €44,500 | €44,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €10,292 | €19,318 | +€9,027 | +87.7% |
| Other amounts receivable | 41 | €10,292 | €19,318 | +€9,027 | +87.7% |
| Cash at bank and in hand | 54/58 | €77,480 | €57,686 | -€19,794 | -25.5% |
| Deferred charges and accrued income | 490/1 | €5,533 | €1,311 | -€4,222 | -76.3% |
| Total equity and liabilities | 10/49 | €181,034 | €284,443 | +€103,409 | +57.1% |
| Equity | 10/15 | €138,661 | €91,785 | -€46,875 | -33.8% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €134,661 | €87,785 | -€46,875 | -34.8% |
| Distributable reserves | 133 | €134,661 | €87,785 | -€46,875 | -34.8% |
| Amounts payable | 17/49 | €42,373 | €192,658 | +€150,284 | +355% |
| Amounts payable after more than one year | 17 | €6,243 | €98,445 | +€92,202 | +1,477% |
| Financial debts | 170/4 | €6,243 | €98,445 | +€92,202 | +1,477% |
| Amounts payable within one year | 42/48 | €36,131 | €91,849 | +€55,719 | +154% |
| Current portion of amounts payable after more than one year | 42 | €5,235 | €17,421 | +€12,186 | +233% |
| Trade debts | 44 | €1,572 | €158 | -€1,414 | -90.0% |
| Suppliers | 440/4 | €1,572 | €158 | -€1,414 | -90.0% |
| Taxes, remuneration and social security | 45 | €4,398 | - | -€4,398 | |
| Taxes | 450/3 | €4,398 | - | -€4,398 | |
| Other amounts payable | 47/48 | €24,925 | €74,271 | +€49,346 | +198% |
| Accrued charges and deferred income | 492/3 | - | €2,364 | +€2,364 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,546 | €17,253 | +€7,708 | +80.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €2,364 | +€2,364 | |
| Other operating charges | 640/8 | €139 | €170 | +€31 | +22.3% |
| Gross operating margin | 9900 | €51,938 | €49,962 | -€1,976 | -3.8% |
| Operating profit (loss) | 9901 | €42,253 | €30,175 | -€12,078 | -28.6% |
| Financial income | 75/76B | €1,647 | €2,337 | +€689 | +41.9% |
| Recurring financial income | 75 | €1,647 | €2,337 | +€689 | +41.9% |
| Financial charges | 65/66B | €2,113 | €4,351 | +€2,238 | +106% |
| Recurring financial charges | 65 | €2,113 | €4,351 | +€2,238 | +106% |
| Profit (loss) for the period before taxes | 9903 | €41,787 | €28,161 | -€13,626 | -32.6% |
| Income taxes | 67/77 | €12,464 | €766 | -€11,698 | -93.9% |
| Profit (loss) for the period | 9904 | €29,323 | €27,395 | -€1,928 | -6.6% |
| Profit (loss) for the period to be appropriated | 9905 | €29,323 | €27,395 | -€1,928 | -6.6% |
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 25 October 2026 via checked.be.