PJ KIné: 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.
PJ KIné
Largest movements
- Cash +€15,987
up €15,987 (+30.1%), from €53,132 to €69,119
mainly Net result for the year (+€27,886) and Other debts (+€20,022)
- Deferred charges and accrued income +€4,743
up €4,743 (+668%), from €710 to €5,453
- Receivables within one year +€4,606
up €4,606 (+72.6%), from €6,347 to €10,953
of which Trade receivables: +€4,606
- Other debts +€20,022
new in 2025: €20,022
- Profit (loss) carried forward +€3,886
up €3,886 (+16.1%), from €24,205 to €28,091
- Gross operating margin -€7,233
down €7,233 (-15.5%), from €46,613 to €39,381
- Taxes -€1,282
down €1,282 (-12.8%), from €10,034 to €8,752
- Depreciation +€669
up €669 (+42.0%), from €1,592 to €2,261
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 | €65,613 | €90,083 | +€24,470 | +37.3% |
| Fixed assets | 21/28 | €5,424 | €4,558 | -€866 | -16.0% |
| Tangible fixed assets | 22/27 | €5,424 | €4,558 | -€866 | -16.0% |
| Furniture and vehicles | 24 | €1,715 | €1,709 | -€6 | -0.4% |
| Leasing and similar rights | 25 | €3,709 | €2,849 | -€860 | -23.2% |
| Current assets | 29/58 | €60,188 | €85,525 | +€25,336 | +42.1% |
| Amounts receivable within one year | 40/41 | €6,347 | €10,953 | +€4,606 | +72.6% |
| Trade receivables | 40 | €6,190 | €10,796 | +€4,606 | +74.4% |
| Other amounts receivable | 41 | €157 | €157 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €53,132 | €69,119 | +€15,987 | +30.1% |
| Deferred charges and accrued income | 490/1 | €710 | €5,453 | +€4,743 | +668% |
| Total equity and liabilities | 10/49 | €65,613 | €90,083 | +€24,470 | +37.3% |
| Equity | 10/15 | €55,477 | €59,364 | +€3,886 | +7.0% |
| Reserves | 13 | €31,273 | €31,273 | = | 0.0% |
| Distributable reserves | 133 | €31,273 | €31,273 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,205 | €28,091 | +€3,886 | +16.1% |
| Amounts payable | 17/49 | €10,135 | €30,719 | +€20,583 | +203% |
| Amounts payable within one year | 42/48 | €10,123 | €29,898 | +€19,775 | +195% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €479 | €524 | +€45 | +9.4% |
| Suppliers | 440/4 | €479 | €524 | +€45 | +9.4% |
| Taxes, remuneration and social security | 45 | €9,644 | €9,352 | -€292 | -3.0% |
| Taxes | 450/3 | €9,644 | €9,352 | -€292 | -3.0% |
| Other amounts payable | 47/48 | - | €20,022 | +€20,022 | |
| Accrued charges and deferred income | 492/3 | €12 | €820 | +€808 | +6,675% |
| Remuneration, social security and pensions | 62 | - | €84 | +€84 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,592 | €2,261 | +€669 | +42.0% |
| Other operating charges | 640/8 | €126 | €210 | +€83 | +66.1% |
| Non-recurring operating charges | 66A | €1 | - | -€1 | |
| Gross operating margin | 9900 | €46,613 | €39,381 | -€7,233 | -15.5% |
| Operating profit (loss) | 9901 | €44,893 | €36,826 | -€8,068 | -18.0% |
| Financial charges | 65/66B | €170 | €187 | +€18 | +10.4% |
| Recurring financial charges | 65 | €170 | €187 | +€18 | +10.4% |
| Profit (loss) for the period before taxes | 9903 | €44,724 | €36,638 | -€8,086 | -18.1% |
| Income taxes | 67/77 | €10,034 | €8,752 | -€1,282 | -12.8% |
| Profit (loss) for the period | 9904 | €34,690 | €27,886 | -€6,804 | -19.6% |
| Profit (loss) for the period to be appropriated | 9905 | €34,690 | €27,886 | -€6,804 | -19.6% |
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 18 October 2026 via checked.be.