KALIMED: 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.
KALIMED
Largest movements
- Cash +€596,546
up €596,546 (+270%), from €220,855 to €817,401
mainly Net result for the year (+€380,182) and Provisions (+€126,214)
- Tangible fixed assets -€59,617
down €59,617 (-59.7%), from €99,885 to €40,268
of which Land and buildings: -€59,404
- Receivables within one year -€55,941
down €55,941 (-87.3%), from €64,109 to €8,169
of which Other amounts receivable: -€60,003
- Reserves +€380,182
up €380,182 (+112%), from €338,594 to €718,776
of which Tax-exempt reserves: +€378,642
- Provisions +€126,214
new in 2025: €126,214
- Trade debts -€25,312
down €25,312 (-80.4%), from €31,472 to €6,160
- Gross operating margin +€481,255
up €481,255 (+1,445%), from €33,316 to €514,571
- Taxes -€8,779
down €8,779 (-80.7%), from €10,873 to €2,094
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 | €466,086 | €949,593 | +€483,507 | +104% |
| Fixed assets | 21/28 | €100,485 | €40,868 | -€59,617 | -59.3% |
| Tangible fixed assets | 22/27 | €99,885 | €40,268 | -€59,617 | -59.7% |
| Land and buildings | 22 | €97,957 | €38,553 | -€59,404 | -60.6% |
| Plant, machinery and equipment | 23 | €1,928 | €1,715 | -€213 | -11.0% |
| Financial fixed assets | 28 | €600 | €600 | = | 0.0% |
| Current assets | 29/58 | €365,601 | €908,725 | +€543,124 | +149% |
| Stocks and contracts in progress | 3 | €77,744 | €82,643 | +€4,899 | +6.3% |
| Stocks | 30/36 | €77,744 | €82,643 | +€4,899 | +6.3% |
| Amounts receivable within one year | 40/41 | €64,109 | €8,169 | -€55,941 | -87.3% |
| Trade receivables | 40 | €3,114 | €7,176 | +€4,062 | +130% |
| Other amounts receivable | 41 | €60,995 | €993 | -€60,003 | -98.4% |
| Cash at bank and in hand | 54/58 | €220,855 | €817,401 | +€596,546 | +270% |
| Deferred charges and accrued income | 490/1 | €2,893 | €512 | -€2,381 | -82.3% |
| Total equity and liabilities | 10/49 | €466,086 | €949,593 | +€483,507 | +104% |
| Equity | 10/15 | €400,594 | €780,776 | +€380,182 | +94.9% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €338,594 | €718,776 | +€380,182 | +112% |
| Non-distributable reserves | 130/1 | €6,388 | €6,388 | = | 0.0% |
| Legal reserve | 130 | €6,388 | €6,388 | = | 0.0% |
| Tax-exempt reserves | 132 | - | €378,642 | +€378,642 | |
| Distributable reserves | 133 | €332,206 | €333,746 | +€1,540 | +0.5% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Provisions and deferred taxes | 16 | - | €126,214 | +€126,214 | |
| Deferred taxes | 168 | - | €126,214 | +€126,214 | |
| Amounts payable | 17/49 | €65,491 | €42,603 | -€22,889 | -34.9% |
| Amounts payable after more than one year | 17 | €1,537 | €1,537 | = | 0.0% |
| Other amounts payable | 178/9 | €1,537 | €1,537 | = | 0.0% |
| Amounts payable within one year | 42/48 | €59,630 | €38,591 | -€21,039 | -35.3% |
| Financial debts | 43 | €21 | €0 | -€21 | -100% |
| Credit institutions | 430/8 | €21 | €0 | -€21 | -100% |
| Trade debts | 44 | €31,472 | €6,160 | -€25,312 | -80.4% |
| Suppliers | 440/4 | €31,472 | €6,160 | -€25,312 | -80.4% |
| Advances received on contracts in progress | 46 | - | €1,683 | +€1,683 | |
| Taxes, remuneration and social security | 45 | €11,967 | €12,303 | +€336 | +2.8% |
| Taxes | 450/3 | €11,967 | €12,303 | +€336 | +2.8% |
| Other amounts payable | 47/48 | €16,169 | €18,444 | +€2,275 | +14.1% |
| Accrued charges and deferred income | 492/3 | €4,325 | €2,475 | -€1,850 | -42.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,499 | €3,278 | -€1,221 | -27.1% |
| Other operating charges | 640/8 | €3,816 | €4,321 | +€505 | +13.2% |
| Gross operating margin | 9900 | €33,316 | €514,571 | +€481,255 | +1,445% |
| Operating profit (loss) | 9901 | €25,001 | €506,972 | +€481,970 | +1,928% |
| Financial income | 75/76B | €1,701 | €1,595 | -€106 | -6.2% |
| Recurring financial income | 75 | €1,701 | €1,595 | -€106 | -6.2% |
| Financial charges | 65/66B | €129 | €78 | -€51 | -39.7% |
| Recurring financial charges | 65 | €129 | €78 | -€51 | -39.7% |
| Profit (loss) for the period before taxes | 9903 | €26,573 | €508,489 | +€481,916 | +1,814% |
| Transfer to deferred taxes | 680 | - | €126,214 | +€126,214 | |
| Income taxes | 67/77 | €10,873 | €2,094 | -€8,779 | -80.7% |
| Profit (loss) for the period | 9904 | €15,700 | €380,182 | +€364,481 | +2,321% |
| Transfer to tax-exempt reserves | 689 | - | €378,642 | +€378,642 | |
| Profit (loss) for the period to be appropriated | 9905 | €15,700 | €1,540 | -€14,161 | -90.2% |
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.