KIMO
ActiveFinancials · financial year 2025, full format
Annual accounts 2025 filed on 22-07-2026 at the NBB all 37 filings
Turnover
≈ €300,000
Estimated: probably between €240,000 and €390,000
EBIT margin
Not included in this filing
Net result
€30,322▼ 84.2%
2024 · €191,741
Working capital
-€949,608▲ 0.4%
2024 · -€953,360
Multi-year overview
2018 to 2025, 8 financial yearsOperating result
€171,612
▲ 963%
2025
20182025
Net result
€30,322
▼ 84.2%
2025
middle half of the sector
20182025
Equity
€3.0m
▲ 1.0%
2025
middle half of the sector
20182025
Total assets
€4.5m
▲ 10.3%
2025
middle half of the sector
20182025
Debt
€1.4m
▲ 37.1%
2025
20182025
Working capital
-€949,608
▲ 0.4%
2025
lowest quarter of the sector
20182025
Solvency
67.9%
▼ 6.3pp
2025
middle half of the sector
20182025
Current ratio
0.34
▲ 0.25
2025
lowest quarter of the sector
20182025
Return on assets (ROA)
0.7%
▼ 4.1pp
2025
middle half of the sector
20182025
Staff (FTE)
no figure
2025
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€0.02m-€0.02m▼ 18.3%€0.006m▼ 67.2%€0.007m▲ 16.7%€0.05m▲ 564%€0.02m▼ 45.5%€0.02m▼ 34.2%€0.2m▲ 963%
Net result€0.1m-€0.2m▲ 32.5%€0.05mwithin the sector's middle half▼ 67.3%€0.04mwithin the sector's middle half▼ 18.4%€0.05mwithin the sector's middle half▲ 11.2%€0.1mwithin the sector's middle half▲ 127%€0.2mabove the sector's middle half▲ 73.8%€0.03mwithin the sector's middle half▼ 84.2%
Equity€2.4m-€2.5m▲ 6.9%€2.6mabove the sector's middle half▲ 2.1%€2.6mabove the sector's middle half▲ 1.7%€2.7mabove the sector's middle half▲ 1.8%€2.8mabove the sector's middle half▲ 4.1%€3.0mabove the sector's middle half▲ 6.8%€3.0mwithin the sector's middle half▲ 1.0%
Total assets€2.6m-€2.7m▲ 4.0%€2.7mabove the sector's middle half▼ 0.9%€2.7mwithin the sector's middle half▲ 1.3%€2.7mwithin the sector's middle half▲ 0.3%€2.8mwithin the sector's middle half▲ 4.1%€4.0mabove the sector's middle half▲ 43.4%€4.5mwithin the sector's middle half▲ 10.3%
Debt€0.2m-€0.1m▼ 30.1%€0.06m▼ 55.1%€0.05m▼ 16.1%€0.01m▼ 78.7%€0.01m▲ 1.6%€1.0m▲ 91×€1.4m▲ 37.1%
Working capital€0.4m-€0.4m▲ 6.2%€0.4mabove the sector's middle half▲ 3.4%€0.5mabove the sector's middle half▲ 3.8%€0.5mabove the sector's middle half▲ 10.7%€0.5mabove the sector's middle half▲ 4.7%-€1.0mbelow the sector's middle half-€0.9mbelow the sector's middle half▲ 0.4%
Solvency92.2%-94.7%▲ 2.6pp97.6%above the sector's middle half▲ 2.9pp98.0%above the sector's middle half▲ 0.4pp99.6%above the sector's middle half▲ 1.6pp99.6%above the sector's middle half=74.2%within the sector's middle half▼ 25.4pp67.9%within the sector's middle half▼ 6.3pp
Current ratio3.01-4.06▲ 1.058.06above the sector's middle half▲ 4.009.75above the sector's middle half▲ 1.6846.53above the sector's middle half▲ 36.7847.88above the sector's middle half▲ 1.360.09below the sector's middle half▼ 47.800.34below the sector's middle half▲ 0.25
Return on assets (ROA)4.8%-6.1%▲ 1.3pp2.0%within the sector's middle half▼ 4.1pp1.6%within the sector's middle half▼ 0.4pp1.8%within the sector's middle half▲ 0.2pp3.9%within the sector's middle half▲ 2.1pp4.7%within the sector's middle half▲ 0.8pp0.7%within the sector's middle half▼ 4.1pp
Staff (FTE)0within the sector's middle half0within the sector's middle half
above
within
below
The sector band is the middle half of the companies in Activities of head offices; management consultancy activities (NACE 70). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is nearly 11 times that of 2024 and the highest since 2021. It is a recovery after the fall in 2024.
Large changes and their cause
- 2025 Net result -84% on 2024. The accounts now follow the full format, last year the abbreviated format.
The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.5m
Fixed assets
€4.0m ▲ 0.7%
Current assets
€479,205 ▲ 438%
Equity and liabilities €4.5m
Equity
€3.0m ▲ 1.0%
Debt
€1.4m ▲ 37.1%
Debt's share of the balance-sheet total rises from 25.8% to 32.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€176,301
Cash flow
€35,011
Debt to equity
0.47▲
2024 · 0.35
ROE
1.0%▼
2024 · 6.4%
Interest coverage
1.28
Debt ≤ 1 year
€1.4m▲
2024 · €1.0m
Income taxes
€3,636▼
2024 · €19,190
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | - | - | €31,259 |
| Financial fixed assets | - | - | €0 | €1.5m | - |
| Depreciation and write-downs of the year | €12,845 | €5,352 | €0 | - | €4,689 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €21,000 | €0 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €13,271 | €12,845 | €12,845 | €12,845 | €5,352 | €0 | - | €4,689 | - |
| Other operating charges640/8 | - | - | - | €7,677 | €7,793 | €8,547 | €8,867 | €10,269 | ▲ 15.8% |
| Gross operating margin9900 | €41,968 | €37,687 | €26,236 | €27,306 | €58,160 | €33,089 | €25,006 | €186,571 | ▲ 646% |
| Operating profit (loss)9901 | €21,714 | €17,733 | €5,811 | €6,783 | €45,015 | €24,542 | €16,140 | €171,612 | ▲ 963% |
| Financial income75/76B | - | - | - | €39,367 | €4,340 | €86,382 | €195,390 | €70 | ▼ 100.0% |
| Recurring financial income75 | €111 | €111 | €57 | €39,367 | €4,340 | €30 | €53 | €70 | ▲ 34.0% |
| Non-recurring financial income76B | - | - | - | €39,367 | €4,340 | €86,352 | €195,337 | - | - |
| Financial charges65/66B | - | - | - | €2,368 | €668 | €600 | €599 | €137,725 | ▲ 230× |
| Recurring financial charges65 | €10,278 | €5,206 | €3,806 | €2,368 | €668 | €600 | €599 | €137,725 | ▲ 230× |
| Profit (loss) for the period before taxes9903 | €132,716 | €164,509 | €53,643 | €43,782 | €48,687 | €110,324 | €210,930 | €33,958 | ▼ 83.9% |
| Income taxes67/77 | €8,752 | €233 | - | - | - | - | €19,190 | €3,636 | ▼ 81.1% |
| Profit (loss) for the period9904 | €123,964 | €164,276 | €53,643 | €43,782 | €48,687 | €110,324 | €191,741 | €30,322 | ▼ 84.2% |
| Profit (loss) for the period to be appropriated9905 | €123,964 | €164,276 | €53,643 | €43,782 | €48,687 | €110,324 | €191,741 | €30,322 | ▼ 84.2% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €2.6m | €2.7m | €2.7m | €2.7m | €2.7m | €2.8m | €4.0m | €4.5m | ▲ 10.3% |
| Fixed assets21/28 | €2.0m | €2.1m | €2.2m | €2.2m | €2.2m | €2.3m | €3.9m | €4.0m | ▲ 0.7% |
| Tangible fixed assets22/27 | €0.1m | €0.09m | €0.08m | €0.07m | €0.06m | €0.06m | €0.06m | €0.09m | ▲ 42.9% |
| Land and buildings22 | - | - | - | €0.07m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Furniture and vehicles24 | - | - | - | - | - | - | - | €0.03m | - |
| Financial fixed assets28 | €1.9m | €2.0m | €2.1m | €2.1m | €2.1m | €2.2m | €3.9m | €3.9m | = |
| Current assets29/58 | €0.6m | €0.6m | €0.5m | €0.5m | €0.5m | €0.6m | €0.09m | €0.5m | ▲ 438% |
| Amounts receivable within one year40/41 | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | €0.006m | €0.4m | ▲ 62× |
| Trade receivables40 | - | - | - | - | - | - | €0.006m | €0.4m | ▲ 62× |
| Other amounts receivable41 | - | - | - | €0.5m | €0.5m | €0.5m | €0 | - | - |
| Current investments50/53 | €0.1m | €0.05m | €0.02m | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | ▲ 0.4% |
| Cash at bank and in hand54/58 | €0.02m | €0.03m | €0.002m | €0.01m | €0.006m | €0.02m | €0.07m | €0.09m | ▲ 38.0% |
| Deferred charges and accrued income490/1 | - | - | - | €0.002m | €0.03m | €0.05m | €0.002m | €0.002m | ▲ 0.8% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €2.6m | €2.7m | €2.7m | €2.7m | €2.7m | €2.8m | €4.0m | €4.5m | ▲ 10.3% |
| Equity10/15 | €2.4m | €2.5m | €2.6m | €2.6m | €2.7m | €2.8m | €3.0m | €3.0m | ▲ 1.0% |
| Contributions10/11 | €0.7m | €0.7m | €0.7m | €0.7m | €0.7m | €0.7m | €0.7m | €0.7m | = |
| Capital10 | - | - | - | €0.7m | €0.7m | €0.7m | €0.7m | €0.7m | = |
| Issued capital100 | - | - | - | €0.7m | €0.7m | €0.7m | €0.7m | €0.7m | = |
| Reserves13 | €0.6m | €0.6m | €0.6m | €0.6m | €0.6m | €0.6m | €2.3m | €2.3m | ▲ 1.3% |
| Non-distributable reserves130/1 | - | - | - | €0.07m | €0.07m | €0.07m | €0.07m | €0.07m | = |
| Legal reserve130 | - | - | - | €0.07m | €0.07m | €0.07m | €0.07m | €0.07m | = |
| Distributable reserves133 | - | - | - | €0.5m | €0.5m | €0.5m | €2.2m | €2.2m | ▲ 1.4% |
| Profit (loss) carried forward14 | €1.1m | €1.3m | €1.3m | €1.4m | €1.4m | €1.5m | €0 | - | - |
| Amounts payable17/49 | €0.2m | €0.1m | €0.06m | €0.05m | €0.01m | €0.01m | €1.0m | €1.4m | ▲ 37.1% |
| Amounts payable within one year42/48 | €0.2m | €0.1m | €0.06m | €0.05m | €0.01m | €0.01m | €1.0m | €1.4m | ▲ 37.1% |
| Financial debts43 | - | - | - | €0.01m | €0.005m | €0.005m | €0.004m | €0.004m | ▼ 10.9% |
| Other loans439 | - | - | - | €0.01m | €0.005m | €0.005m | €0.004m | €0.004m | ▼ 10.9% |
| Trade debts44 | €260 | €74 | €0.002m | €123 | €108 | €121 | €490 | €0.1m | ▲ 218× |
| Suppliers440/4 | - | - | - | €123 | €108 | €121 | €490 | €0.1m | ▲ 218× |
| Taxes, remuneration and social security45 | - | - | - | €0.001m | €99 | €81 | €0.02m | €0.1m | ▲ 563% |
| Taxes450/3 | - | - | - | €0.001m | €99 | €81 | €0.02m | €0.1m | ▲ 435% |
| Remuneration and social security454/9 | - | - | - | - | - | - | - | €0.02m | - |
| Other amounts payable47/48 | - | - | - | €0.04m | €0.006m | €0.007m | €1.0m | €1.2m | ▲ 16.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.1m | €0.2m | €0.05m | €0.04m | €0.05m | €0.1m | €0.2m | €0.03m | ▼ 84.2% |
| + Depreciation and write-downs630 | €0.01m | €0.01m | €0.01m | €0.01m | €0.005m | €0 | - | €0.005m | - |
| Operating cash flow (approximation) | €0.1m | €0.2m | €0.07m | €0.06m | €0.05m | €0.1m | €0.2m | €0.04m | ▼ 81.7% |
| Investment in fixed assets (approximation) | - | -€0.2m | -€0.05m | -€0.04m | -€0.004m | -€0.09m | -€1.7m | -€0.03m | ▲ 98.1% |
| Change in cash | - | €0.01m | -€0.03m | €0.01m | -€0.005m | €0.01m | €0.05m | €0.03m | ▼ 48.2% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 37 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 22-07-2026 | 2026-00324377 | |
| 31-12-2024 | abbreviated format | 28-07-2025 | 2025-00316857 | |
| 31-12-2023 | abbreviated format | 12-04-2024 | 2024-00062739 | |
| 31-12-2022 | abbreviated format | 21-09-2023 | 2023-00454964 | |
| 31-12-2021 | abbreviated format | 29-08-2022 | 2022-20343271 | |
| 31-12-2020 | abbreviated format | 30-08-2021 | 2021-55900481 | |
| 31-12-2019 | abbreviated format | 25-11-2020 | 2020-71700309 | |
| 31-12-2018 | abbreviated format | 19-06-2019 | 2019-19400284 | |
| 31-12-2017 | abbreviated format | 31-07-2018 | 2018-40000537 | |
| 31-12-2016 | abbreviated format | 27-06-2017 | 2017-22400444 |