N.P 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.
N.P KINE
Largest movements
- Cash +€13,533
up €13,533 (+37.0%), from €36,538 to €50,071
mainly Net result for the year (+€17,843) and Tax, wage and social debts (+€6,465)
- Receivables within one year +€3,750
up €3,750 (+31.1%), from €12,065 to €15,816
of which Other amounts receivable: +€4,327
- Reserves +€10,000
up €10,000 (+133%), from €7,500 to €17,500
- Profit (loss) carried forward +€7,843
up €7,843 (+34.6%), from €22,692 to €30,535
- Tax, wage and social debts +€6,465
up €6,465 (+56.8%), from €11,387 to €17,852
of which Taxes: +€6,565
- Contributions -€5,000
no longer reported in 2025 (was €5,000)
- Other debts -€2,025
no longer reported in 2025 (was €2,025)
- Gross operating margin -€15,777
down €15,777 (-39.4%), from €40,093 to €24,316
- Taxes -€2,741
down €2,741 (-30.2%), from €9,076 to €6,336
- Other operating charges -€576
down €576 (-89.8%), from €642 to €66
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 | €48,604 | €65,887 | +€17,283 | +35.6% |
| Current assets | 29/58 | €48,604 | €65,887 | +€17,283 | +35.6% |
| Amounts receivable within one year | 40/41 | €12,065 | €15,816 | +€3,750 | +31.1% |
| Trade receivables | 40 | €12,065 | €11,488 | -€577 | -4.8% |
| Other amounts receivable | 41 | - | €4,327 | +€4,327 | |
| Cash at bank and in hand | 54/58 | €36,538 | €50,071 | +€13,533 | +37.0% |
| Total equity and liabilities | 10/49 | €48,604 | €65,887 | +€17,283 | +35.6% |
| Equity | 10/15 | €35,192 | €48,035 | +€12,843 | +36.5% |
| Contributions | 10/11 | €5,000 | - | -€5,000 | |
| Reserves | 13 | €7,500 | €17,500 | +€10,000 | +133% |
| Distributable reserves | 133 | €7,500 | €17,500 | +€10,000 | +133% |
| Profit (loss) carried forward | 14 | €22,692 | €30,535 | +€7,843 | +34.6% |
| Amounts payable | 17/49 | €13,412 | €17,852 | +€4,440 | +33.1% |
| Amounts payable within one year | 42/48 | €13,412 | €17,852 | +€4,440 | +33.1% |
| Trade debts | 44 | - | €0 | +€0 | |
| Suppliers | 440/4 | - | €0 | +€0 | |
| Taxes, remuneration and social security | 45 | €11,387 | €17,852 | +€6,465 | +56.8% |
| Taxes | 450/3 | €9,409 | €15,974 | +€6,565 | +69.8% |
| Remuneration and social security | 454/9 | €1,978 | €1,878 | -€101 | -5.1% |
| Other amounts payable | 47/48 | €2,025 | - | -€2,025 | |
| Other operating charges | 640/8 | €642 | €66 | -€576 | -89.8% |
| Gross operating margin | 9900 | €40,093 | €24,316 | -€15,777 | -39.4% |
| Operating profit (loss) | 9901 | €39,451 | €24,250 | -€15,201 | -38.5% |
| Financial charges | 65/66B | €183 | €72 | -€112 | -61.0% |
| Recurring financial charges | 65 | €183 | €72 | -€112 | -61.0% |
| Profit (loss) for the period before taxes | 9903 | €39,268 | €24,179 | -€15,089 | -38.4% |
| Income taxes | 67/77 | €9,076 | €6,336 | -€2,741 | -30.2% |
| Profit (loss) for the period | 9904 | €30,192 | €17,843 | -€12,348 | -40.9% |
| Profit (loss) for the period to be appropriated | 9905 | €30,192 | €17,843 | -€12,348 | -40.9% |
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 26 October 2026 via checked.be.