TM Kine: 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.
TM Kine
Largest movements
- Cash +€22,157
up €22,157 (+35.9%), from €61,775 to €83,932
mainly Other debts (+€34,368) and Net result for the year (+€17,851)
- Tangible fixed assets -€8,704
down €8,704 (-10.7%), from €81,531 to €72,827
of which Other tangible fixed assets: -€5,962
- Other debts +€34,368
up €34,368 (+97.3%), from €35,328 to €69,696
- Debts after one year -€8,989
down €8,989 (-17.5%), from €51,438 to €42,449
- Reserves -€7,149
down €7,149 (-25.5%), from €27,990 to €20,841
- Trade debts -€6,955
down €6,955 (-39.8%), from €17,495 to €10,539
- Tax, wage and social debts +€2,658
up €2,658 (+68.6%), from €3,872 to €6,529
- Gross operating margin +€2,537
up €2,537 (+7.4%), from €34,482 to €37,018
- Financial charges -€594
down €594 (-23.0%), from €2,590 to €1,995
- Taxes +€560
up €560 (+11.3%), from €4,937 to €5,497
- Other operating charges +€397
up €397 (+15.4%), from €2,575 to €2,972
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 | €147,955 | €162,044 | +€14,088 | +9.5% |
| Fixed assets | 21/28 | €81,531 | €72,827 | -€8,704 | -10.7% |
| Tangible fixed assets | 22/27 | €81,531 | €72,827 | -€8,704 | -10.7% |
| Plant, machinery and equipment | 23 | €9,149 | €6,407 | -€2,742 | -30.0% |
| Other tangible fixed assets | 26 | €72,382 | €66,420 | -€5,962 | -8.2% |
| Current assets | 29/58 | €66,424 | €89,216 | +€22,792 | +34.3% |
| Amounts receivable within one year | 40/41 | €4,103 | €4,659 | +€556 | +13.5% |
| Trade receivables | 40 | €4,103 | €4,659 | +€556 | +13.5% |
| Cash at bank and in hand | 54/58 | €61,775 | €83,932 | +€22,157 | +35.9% |
| Deferred charges and accrued income | 490/1 | €546 | €625 | +€80 | +14.6% |
| Total equity and liabilities | 10/49 | €147,955 | €162,044 | +€14,088 | +9.5% |
| Equity | 10/15 | €30,990 | €23,841 | -€7,149 | -23.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €27,990 | €20,841 | -€7,149 | -25.5% |
| Distributable reserves | 133 | €27,990 | €20,841 | -€7,149 | -25.5% |
| Amounts payable | 17/49 | €116,965 | €138,203 | +€21,237 | +18.2% |
| Amounts payable after more than one year | 17 | €51,438 | €42,449 | -€8,989 | -17.5% |
| Financial debts | 170/4 | €51,438 | €42,449 | -€8,989 | -17.5% |
| Amounts payable within one year | 42/48 | €65,528 | €95,754 | +€30,226 | +46.1% |
| Current portion of amounts payable after more than one year | 42 | €8,833 | €8,989 | +€156 | +1.8% |
| Trade debts | 44 | €17,495 | €10,539 | -€6,955 | -39.8% |
| Suppliers | 440/4 | €17,495 | €10,539 | -€6,955 | -39.8% |
| Taxes, remuneration and social security | 45 | €3,872 | €6,529 | +€2,658 | +68.6% |
| Taxes | 450/3 | €3,872 | €6,529 | +€2,658 | +68.6% |
| Other amounts payable | 47/48 | €35,328 | €69,696 | +€34,368 | +97.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,704 | €8,704 | = | 0.0% |
| Other operating charges | 640/8 | €2,575 | €2,972 | +€397 | +15.4% |
| Gross operating margin | 9900 | €34,482 | €37,018 | +€2,537 | +7.4% |
| Operating profit (loss) | 9901 | €23,203 | €25,343 | +€2,140 | +9.2% |
| Financial charges | 65/66B | €2,590 | €1,995 | -€594 | -23.0% |
| Recurring financial charges | 65 | €2,590 | €1,995 | -€594 | -23.0% |
| Profit (loss) for the period before taxes | 9903 | €20,613 | €23,348 | +€2,734 | +13.3% |
| Income taxes | 67/77 | €4,937 | €5,497 | +€560 | +11.3% |
| Profit (loss) for the period | 9904 | €15,676 | €17,851 | +€2,175 | +13.9% |
| Profit (loss) for the period to be appropriated | 9905 | €15,676 | €17,851 | +€2,175 | +13.9% |
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 8 October 2026 via checked.be.