Kaaimmo: 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.
Kaaimmo
Largest movements
- Receivables within one year -€480,758
down €480,758 (-52.4%), from €917,274 to €436,516
of which Other amounts receivable: -€474,147
- Tangible fixed assets -€251,565
down €251,565 (-4.3%), from €5.9m to €5.6m
of which Land and buildings: -€236,434
- Cash -€85,220
down €85,220 (-87.0%), from €98,009 to €12,789
mainly Net result for the year (-€381,055) and Debts after one year (-€252,981)
- Profit (loss) carried forward -€381,055
new in 2025: -€381,055
- Debts after one year -€252,981
down €252,981 (-7.9%), from €3.2m to €2.9m
- Provisions -€179,247
no longer reported in 2025 (was €179,247)
- Gross operating margin -€1.4m
down €1.4m, from €1.1m to -€239,903
- Provisions -€358,493
down €358,493, from €179,247 to -€179,247
- Taxes -€146,511
down €146,511, from €137,000 to -€9,511
- Other operating charges +€22,494
up €22,494 (+80.3%), from €28,020 to €50,514
- Write-downs -€19,736
new in 2025: -€19,736
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 | €6,898,614 | €6,079,866 | -€818,748 | -11.9% |
| Fixed assets | 21/28 | €5,879,836 | €5,628,270 | -€251,565 | -4.3% |
| Tangible fixed assets | 22/27 | €5,879,836 | €5,628,270 | -€251,565 | -4.3% |
| Land and buildings | 22 | €5,621,324 | €5,384,890 | -€236,434 | -4.2% |
| Plant, machinery and equipment | 23 | €81,868 | €64,868 | -€17,000 | -20.8% |
| Assets under construction and advance payments | 27 | €176,644 | €178,512 | +€1,869 | +1.1% |
| Current assets | 29/58 | €1,018,778 | €451,596 | -€567,183 | -55.7% |
| Amounts receivable within one year | 40/41 | €917,274 | €436,516 | -€480,758 | -52.4% |
| Trade receivables | 40 | €6,611 | - | -€6,611 | |
| Other amounts receivable | 41 | €910,663 | €436,516 | -€474,147 | -52.1% |
| Cash at bank and in hand | 54/58 | €98,009 | €12,789 | -€85,220 | -87.0% |
| Deferred charges and accrued income | 490/1 | €3,496 | €2,290 | -€1,205 | -34.5% |
| Total equity and liabilities | 10/49 | €6,898,614 | €6,079,866 | -€818,748 | -11.9% |
| Equity | 10/15 | €3,232,274 | €2,851,219 | -€381,055 | -11.8% |
| Contributions | 10/11 | €2,512,755 | €2,512,755 | = | 0.0% |
| Capital | 10 | €2,512,755 | €2,512,755 | = | 0.0% |
| Issued capital | 100 | €2,512,755 | €2,512,755 | = | 0.0% |
| Reserves | 13 | €719,519 | €719,519 | = | 0.0% |
| Non-distributable reserves | 130/1 | €62,321 | €62,321 | = | 0.0% |
| Legal reserve | 130 | €62,321 | €62,321 | = | 0.0% |
| Tax-exempt reserves | 132 | €59,223 | €59,223 | = | 0.0% |
| Distributable reserves | 133 | €597,975 | €597,975 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€381,055 | -€381,055 | |
| Provisions and deferred taxes | 16 | €179,247 | - | -€179,247 | |
| Provisions for liabilities and charges | 160/5 | €179,247 | - | -€179,247 | |
| Environmental obligations | 163 | €179,247 | - | -€179,247 | |
| Amounts payable | 17/49 | €3,487,093 | €3,228,647 | -€258,446 | -7.4% |
| Amounts payable after more than one year | 17 | €3,198,988 | €2,946,007 | -€252,981 | -7.9% |
| Financial debts | 170/4 | €3,198,988 | €2,946,007 | -€252,981 | -7.9% |
| Amounts payable within one year | 42/48 | €288,105 | €282,640 | -€5,465 | -1.9% |
| Current portion of amounts payable after more than one year | 42 | €249,595 | €252,981 | +€3,387 | +1.4% |
| Trade debts | 44 | €38,510 | €29,659 | -€8,851 | -23.0% |
| Suppliers | 440/4 | €38,510 | €29,659 | -€8,851 | -23.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €239,566 | €253,434 | +€13,868 | +5.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€19,736 | -€19,736 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €179,247 | -€179,247 | -€358,493 | |
| Other operating charges | 640/8 | €28,020 | €50,514 | +€22,494 | +80.3% |
| Gross operating margin | 9900 | €1,140,574 | -€239,903 | -€1.4m | |
| Operating profit (loss) | 9901 | €693,741 | -€344,869 | -€1.0m | |
| Financial income | 75/76B | €1,819 | €589 | -€1,231 | -67.6% |
| Recurring financial income | 75 | €1,819 | €589 | -€1,231 | -67.6% |
| Financial charges | 65/66B | €49,665 | €46,286 | -€3,380 | -6.8% |
| Recurring financial charges | 65 | €49,665 | €46,286 | -€3,380 | -6.8% |
| Profit (loss) for the period before taxes | 9903 | €645,895 | -€390,566 | -€1.0m | |
| Income taxes | 67/77 | €137,000 | -€9,511 | -€146,511 | |
| Profit (loss) for the period | 9904 | €508,895 | -€381,055 | -€889,950 | |
| Profit (loss) for the period to be appropriated | 9905 | €508,895 | -€381,055 | -€889,950 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.