SMK 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.
SMK Kiné
Largest movements
- Receivables within one year +€2,208
up €2,208 (+6.9%), from €31,925 to €34,133
- Deferred charges and accrued income +€834
up €834 (+305%), from €274 to €1,108
- Profit (loss) carried forward +€9,390
up €9,390 (+44.7%), from €21,022 to €30,411
- Trade debts -€5,531
down €5,531 (-66.4%), from €8,330 to €2,799
- Debts after one year -€4,410
down €4,410 (-42.8%), from €10,301 to €5,892
- Tax, wage and social debts +€2,631
up €2,631 (+44.2%), from €5,958 to €8,589
- Gross operating margin -€13,444
down €13,444 (-46.6%), from €28,848 to €15,404
- Taxes -€2,527
down €2,527 (-42.4%), from €5,958 to €3,431
- Depreciation +€1,234
up €1,234 (+57.9%), from €2,133 to €3,368
- Financial income +€843
up €843 (+87.2%), from €967 to €1,811
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 | €51,174 | €53,701 | +€2,527 | +4.9% |
| Fixed assets | 21/28 | €13,867 | €13,372 | -€495 | -3.6% |
| Tangible fixed assets | 22/27 | €13,867 | €13,372 | -€495 | -3.6% |
| Plant, machinery and equipment | 23 | - | €2,705 | +€2,705 | |
| Furniture and vehicles | 24 | €13,867 | €10,667 | -€3,200 | -23.1% |
| Current assets | 29/58 | €37,307 | €40,329 | +€3,022 | +8.1% |
| Amounts receivable within one year | 40/41 | €31,925 | €34,133 | +€2,208 | +6.9% |
| Other amounts receivable | 41 | €31,925 | €34,133 | +€2,208 | +6.9% |
| Cash at bank and in hand | 54/58 | €5,109 | €5,088 | -€21 | -0.4% |
| Deferred charges and accrued income | 490/1 | €274 | €1,108 | +€834 | +305% |
| Total equity and liabilities | 10/49 | €51,174 | €53,701 | +€2,527 | +4.9% |
| Equity | 10/15 | €22,622 | €32,011 | +€9,390 | +41.5% |
| Contributions | 10/11 | €1,600 | €1,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,022 | €30,411 | +€9,390 | +44.7% |
| Amounts payable | 17/49 | €28,552 | €21,689 | -€6,863 | -24.0% |
| Amounts payable after more than one year | 17 | €10,301 | €5,892 | -€4,410 | -42.8% |
| Financial debts | 170/4 | €10,301 | €5,892 | -€4,410 | -42.8% |
| Amounts payable within one year | 42/48 | €18,250 | €15,797 | -€2,453 | -13.4% |
| Current portion of amounts payable after more than one year | 42 | €3,963 | €4,410 | +€447 | +11.3% |
| Trade debts | 44 | €8,330 | €2,799 | -€5,531 | -66.4% |
| Suppliers | 440/4 | €8,330 | €2,799 | -€5,531 | -66.4% |
| Taxes, remuneration and social security | 45 | €5,958 | €8,589 | +€2,631 | +44.2% |
| Taxes | 450/3 | €5,958 | €8,589 | +€2,631 | +44.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,133 | €3,368 | +€1,234 | +57.9% |
| Other operating charges | 640/8 | €297 | €372 | +€75 | +25.3% |
| Gross operating margin | 9900 | €28,848 | €15,404 | -€13,444 | -46.6% |
| Operating profit (loss) | 9901 | €26,418 | €11,665 | -€14,753 | -55.8% |
| Financial income | 75/76B | €967 | €1,811 | +€843 | +87.2% |
| Recurring financial income | 75 | €967 | €1,811 | +€843 | +87.2% |
| Financial charges | 65/66B | €406 | €655 | +€249 | +61.3% |
| Recurring financial charges | 65 | €406 | €655 | +€249 | +61.3% |
| Profit (loss) for the period before taxes | 9903 | €26,980 | €12,821 | -€14,159 | -52.5% |
| Income taxes | 67/77 | €5,958 | €3,431 | -€2,527 | -42.4% |
| Profit (loss) for the period | 9904 | €21,022 | €9,390 | -€11,632 | -55.3% |
| Profit (loss) for the period to be appropriated | 9905 | €21,022 | €9,390 | -€11,632 | -55.3% |
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 28 October 2026 via checked.be.