SD Kiné: what changed
Two fiscal 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.
SD Kiné
Largest movements
- Cash +€33,383
up €33,383 (+676.9%), from €4,932 to €38,315
mainly Net result for the year (+€24,450) and Receivables within one year (+€6,841)
- Receivables within one year -€6,841
down €6,841 (-82.0%), from €8,341 to €1,500
of which Other amounts receivable: -€7,237
- Deferred charges and accrued income -€2,799
down €2,799 (-17.0%), from €16,491 to €13,692
- Tangible fixed assets +€997
new in 2025: €997
- Profit (loss) carried forward +€24,450
up €24,450 (+126.3%), from €19,366 to €43,817
- Gross operating margin +€2,979
up €2,979 (+10.3%), from €28,922 to €31,900
- Depreciation -€2,793
down €2,793 (-91.7%), from €3,046 to €253
- Other operating charges +€787
new in 2025: €787
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.
Cash bridge derived
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 | €29,764 | €54,504 | +€24,740 | +83.1% |
| Fixed assets | 21/28 | - | €997 | +€997 | |
| Tangible fixed assets | 22/27 | - | €997 | +€997 | |
| Furniture and vehicles | 24 | - | €997 | +€997 | |
| Current assets | 29/58 | €29,764 | €53,507 | +€23,744 | +79.8% |
| Amounts receivable within one year | 40/41 | €8,341 | €1,500 | -€6,841 | -82.0% |
| Trade receivables | 40 | - | €396 | +€396 | |
| Other amounts receivable | 41 | €8,341 | €1,104 | -€7,237 | -86.8% |
| Cash at bank and in hand | 54/58 | €4,932 | €38,315 | +€33,383 | +676.9% |
| Deferred charges and accrued income | 490/1 | €16,491 | €13,692 | -€2,799 | -17.0% |
| Total equity and liabilities | 10/49 | €29,764 | €54,504 | +€24,740 | +83.1% |
| Equity | 10/15 | €22,866 | €47,317 | +€24,450 | +106.9% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,366 | €43,817 | +€24,450 | +126.3% |
| Amounts payable | 17/49 | €6,897 | €7,187 | +€290 | +4.2% |
| Amounts payable within one year | 42/48 | €6,897 | €7,187 | +€290 | +4.2% |
| Trade debts | 44 | €323 | €603 | +€280 | +86.6% |
| Suppliers | 440/4 | €323 | €603 | +€280 | +86.6% |
| Taxes, remuneration and social security | 45 | €6,574 | €6,574 | = | 0.0% |
| Taxes | 450/3 | €6,574 | €6,574 | = | 0.0% |
| Other amounts payable | 47/48 | - | €10 | +€10 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,046 | €253 | -€2,793 | -91.7% |
| Other operating charges | 640/8 | - | €787 | +€787 | |
| Gross operating margin | 9900 | €28,922 | €31,900 | +€2,979 | +10.3% |
| Operating profit (loss) | 9901 | €25,876 | €30,860 | +€4,984 | +19.3% |
| Financial income | 75/76B | €65 | €0 | -€65 | -100.0% |
| Recurring financial income | 75 | €65 | €0 | -€65 | -100.0% |
| Financial charges | 65/66B | €0 | €14 | +€14 | +135300.0% |
| Recurring financial charges | 65 | €0 | €14 | +€14 | +135300.0% |
| Profit (loss) for the period before taxes | 9903 | €25,940 | €30,846 | +€4,906 | +18.9% |
| Income taxes | 67/77 | €6,574 | €6,396 | -€178 | -2.7% |
| Profit (loss) for the period | 9904 | €19,366 | €24,450 | +€5,084 | +26.3% |
| Profit (loss) for the period to be appropriated | 9905 | €19,366 | €24,450 | +€5,084 | +26.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.