VK-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.
VK-Kine
Largest movements
- Tangible fixed assets -€10,200
down €10,200 (-22.7%), from €44,917 to €34,717
of which Furniture and vehicles: -€9,985
- Deferred charges and accrued income -€2,422
down €2,422 (-19.9%), from €12,153 to €9,731
- Debts after one year -€6,825
down €6,825 (-26.9%), from €25,339 to €18,514
- Tax, wage and social debts -€6,430
down €6,430 (-72.0%), from €8,930 to €2,500
of which Taxes: -€6,430
- Gross operating margin +€3,508
up €3,508 (+31.8%), from €11,025 to €14,533
- Depreciation +€3,494
up €3,494 (+52.1%), from €6,706 to €10,200
- Taxes +€1,236
up €1,236 (+168%), from €734 to €1,970
- Financial charges +€559
up €559 (+67.2%), from €832 to €1,391
- Other operating charges +€288
up €288 (+99.2%), from €291 to €579
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 | €85,567 | €72,885 | -€12,682 | -14.8% |
| Fixed assets | 21/28 | €44,917 | €34,717 | -€10,200 | -22.7% |
| Tangible fixed assets | 22/27 | €44,917 | €34,717 | -€10,200 | -22.7% |
| Plant, machinery and equipment | 23 | €753 | €537 | -€216 | -28.7% |
| Furniture and vehicles | 24 | €44,164 | €34,179 | -€9,985 | -22.6% |
| Current assets | 29/58 | €40,650 | €38,168 | -€2,482 | -6.1% |
| Cash at bank and in hand | 54/58 | €28,497 | €28,437 | -€60 | -0.2% |
| Deferred charges and accrued income | 490/1 | €12,153 | €9,731 | -€2,422 | -19.9% |
| Total equity and liabilities | 10/49 | €85,567 | €72,885 | -€12,682 | -14.8% |
| Equity | 10/15 | €36,807 | €37,209 | +€402 | +1.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €31,807 | €32,209 | +€402 | +1.3% |
| Distributable reserves | 133 | €31,807 | €32,209 | +€402 | +1.3% |
| Amounts payable | 17/49 | €48,760 | €35,676 | -€13,085 | -26.8% |
| Amounts payable after more than one year | 17 | €25,339 | €18,514 | -€6,825 | -26.9% |
| Financial debts | 170/4 | €25,339 | €18,514 | -€6,825 | -26.9% |
| Amounts payable within one year | 42/48 | €23,422 | €17,162 | -€6,260 | -26.7% |
| Current portion of amounts payable after more than one year | 42 | €6,515 | €6,825 | +€310 | +4.8% |
| Trade debts | 44 | €261 | €96 | -€165 | -63.1% |
| Suppliers | 440/4 | €261 | €96 | -€165 | -63.1% |
| Taxes, remuneration and social security | 45 | €8,930 | €2,500 | -€6,430 | -72.0% |
| Taxes | 450/3 | €6,430 | - | -€6,430 | |
| Remuneration and social security | 454/9 | €2,500 | €2,500 | = | 0.0% |
| Other amounts payable | 47/48 | €7,715 | €7,740 | +€26 | +0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,706 | €10,200 | +€3,494 | +52.1% |
| Other operating charges | 640/8 | €291 | €579 | +€288 | +99.2% |
| Gross operating margin | 9900 | €11,025 | €14,533 | +€3,508 | +31.8% |
| Operating profit (loss) | 9901 | €4,028 | €3,754 | -€274 | -6.8% |
| Financial income | 75/76B | - | €9 | +€9 | |
| Recurring financial income | 75 | - | €9 | +€9 | |
| Financial charges | 65/66B | €832 | €1,391 | +€559 | +67.2% |
| Recurring financial charges | 65 | €832 | €1,391 | +€559 | +67.2% |
| Profit (loss) for the period before taxes | 9903 | €3,196 | €2,372 | -€825 | -25.8% |
| Income taxes | 67/77 | €734 | €1,970 | +€1,236 | +168% |
| Profit (loss) for the period | 9904 | €2,463 | €402 | -€2,060 | -83.7% |
| Profit (loss) for the period to be appropriated | 9905 | €2,463 | €402 | -€2,060 | -83.7% |
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 17 October 2026 via checked.be.