NP 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.
NP KINE
Largest movements
- Cash +€45,380
up €45,380 (+293%), from €15,485 to €60,865
mainly Net result for the year (+€36,377) and Other debts (+€7,631)
- Tangible fixed assets -€2,734
down €2,734 (-41.0%), from €6,667 to €3,933
- Receivables within one year +€869
up €869 (+24.4%), from €3,555 to €4,424
of which Trade receivables: +€869
- Profit (loss) carried forward +€35,577
up €35,577 (+339%), from €10,485 to €46,062
- Other debts +€7,631
up €7,631 (+83.6%), from €9,129 to €16,760
- Gross operating margin +€34,058
up €34,058 (+176%), from €19,341 to €53,399
- Taxes +€9,358
up €9,358 (+272%), from €3,445 to €12,803
- Depreciation -€600
down €600 (-14.2%), from €4,233 to €3,633
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 | €25,707 | €69,221 | +€43,515 | +169% |
| Fixed assets | 21/28 | €6,667 | €3,933 | -€2,734 | -41.0% |
| Tangible fixed assets | 22/27 | €6,667 | €3,933 | -€2,734 | -41.0% |
| Plant, machinery and equipment | 23 | €6,667 | €3,933 | -€2,734 | -41.0% |
| Current assets | 29/58 | €19,040 | €65,289 | +€46,249 | +243% |
| Amounts receivable within one year | 40/41 | €3,555 | €4,424 | +€869 | +24.4% |
| Trade receivables | 40 | - | €869 | +€869 | |
| Other amounts receivable | 41 | €3,555 | €3,555 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €15,485 | €60,865 | +€45,380 | +293% |
| Total equity and liabilities | 10/49 | €25,707 | €69,221 | +€43,515 | +169% |
| Equity | 10/15 | €13,485 | €49,062 | +€35,577 | +264% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Capital | 10 | €3,000 | €3,000 | = | 0.0% |
| Issued capital | 100 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,485 | €46,062 | +€35,577 | +339% |
| Amounts payable | 17/49 | €12,222 | €20,160 | +€7,938 | +64.9% |
| Amounts payable within one year | 42/48 | €12,222 | €20,160 | +€7,938 | +64.9% |
| Trade debts | 44 | €393 | €597 | +€203 | +51.7% |
| Suppliers | 440/4 | €393 | €597 | +€203 | +51.7% |
| Taxes, remuneration and social security | 45 | €2,700 | €2,803 | +€103 | +3.8% |
| Taxes | 450/3 | - | €2,803 | +€2,803 | |
| Remuneration and social security | 454/9 | €2,700 | - | -€2,700 | |
| Other amounts payable | 47/48 | €9,129 | €16,760 | +€7,631 | +83.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,233 | €3,633 | -€600 | -14.2% |
| Other operating charges | 640/8 | €604 | €503 | -€101 | -16.7% |
| Gross operating margin | 9900 | €19,341 | €53,399 | +€34,058 | +176% |
| Operating profit (loss) | 9901 | €14,504 | €49,263 | +€34,760 | +240% |
| Financial income | 75/76B | €255 | €1 | -€254 | -99.5% |
| Recurring financial income | 75 | €255 | €1 | -€254 | -99.5% |
| Financial charges | 65/66B | €29 | €85 | +€56 | +194% |
| Recurring financial charges | 65 | €29 | €85 | +€56 | +194% |
| Profit (loss) for the period before taxes | 9903 | €14,730 | €49,180 | +€34,449 | +234% |
| Income taxes | 67/77 | €3,445 | €12,803 | +€9,358 | +272% |
| Profit (loss) for the period | 9904 | €11,285 | €36,377 | +€25,091 | +222% |
| Profit (loss) for the period to be appropriated | 9905 | €11,285 | €36,377 | +€25,091 | +222% |
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 21 October 2026 via checked.be.