SNM 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.
SNM KINE
Largest movements
- Cash +€27,055
up €27,055 (+87.6%), from €30,885 to €57,940
mainly Other debts (+€59,804) and Net result for the year (+€30,487)
- Receivables within one year +€8,730
up €8,730 (+39.2%), from €22,244 to €30,974
of which Other amounts receivable: +€7,208
- Other debts +€59,804
new in 2025: €59,804
- Profit (loss) carried forward -€39,870
no longer reported in 2025 (was €39,870)
- Tax, wage and social debts +€14,646
up €14,646 (+176%), from €8,302 to €22,948
of which Taxes: +€12,046
- Trade debts +€1,044
up €1,044 (+207%), from €504 to €1,547
- Gross operating margin +€8,107
up €8,107 (+25.8%), from €31,421 to €39,528
- Taxes +€1,492
up €1,492 (+21.0%), from €7,102 to €8,594
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 | €53,854 | €90,008 | +€36,154 | +67.1% |
| Current assets | 29/58 | €53,854 | €90,008 | +€36,154 | +67.1% |
| Amounts receivable within one year | 40/41 | €22,244 | €30,974 | +€8,730 | +39.2% |
| Trade receivables | 40 | - | €1,522 | +€1,522 | |
| Other amounts receivable | 41 | €22,244 | €29,452 | +€7,208 | +32.4% |
| Cash at bank and in hand | 54/58 | €30,885 | €57,940 | +€27,055 | +87.6% |
| Deferred charges and accrued income | 490/1 | €725 | €1,094 | +€369 | +51.0% |
| Total equity and liabilities | 10/49 | €53,854 | €90,008 | +€36,154 | +67.1% |
| Equity | 10/15 | €42,870 | €3,000 | -€39,870 | -93.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Contributions outside capital | 11 | €3,000 | €3,000 | = | 0.0% |
| Other | 1109/19 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €39,870 | - | -€39,870 | |
| Amounts payable | 17/49 | €10,984 | €87,008 | +€76,025 | +692% |
| Amounts payable within one year | 42/48 | €8,806 | €84,299 | +€75,494 | +857% |
| Trade debts | 44 | €504 | €1,547 | +€1,044 | +207% |
| Suppliers | 440/4 | €504 | €1,547 | +€1,044 | +207% |
| Taxes, remuneration and social security | 45 | €8,302 | €22,948 | +€14,646 | +176% |
| Taxes | 450/3 | €8,302 | €20,348 | +€12,046 | +145% |
| Remuneration and social security | 454/9 | - | €2,600 | +€2,600 | |
| Other amounts payable | 47/48 | - | €59,804 | +€59,804 | |
| Accrued charges and deferred income | 492/3 | €2,178 | €2,709 | +€531 | +24.4% |
| Other operating charges | 640/8 | €772 | €400 | -€372 | -48.2% |
| Gross operating margin | 9900 | €31,421 | €39,528 | +€8,107 | +25.8% |
| Operating profit (loss) | 9901 | €30,649 | €39,128 | +€8,479 | +27.7% |
| Financial charges | 65/66B | €4 | €46 | +€42 | +1,100% |
| Recurring financial charges | 65 | €4 | €46 | +€42 | +1,100% |
| Profit (loss) for the period before taxes | 9903 | €30,646 | €39,082 | +€8,436 | +27.5% |
| Income taxes | 67/77 | €7,102 | €8,594 | +€1,492 | +21.0% |
| Profit (loss) for the period | 9904 | €23,543 | €30,487 | +€6,944 | +29.5% |
| Profit (loss) for the period to be appropriated | 9905 | €23,543 | €30,487 | +€6,944 | +29.5% |
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 24 October 2026 via checked.be.