KARIMIMMO: 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.
KARIMIMMO
Largest movements
- Tangible fixed assets -€94,890
down €94,890 (-4.1%), from €2.3m to €2.2m
of which Land and buildings: -€94,623
- Debts after one year -€82,248
down €82,248 (-14.0%), from €587,664 to €505,416
of which Financial debts: -€63,992
- Reserves +€68,999
up €68,999 (+10.0%), from €692,374 to €761,373
of which Distributable reserves: +€88,144
- Other debts -€50,294
down €50,294 (-15.0%), from €335,638 to €285,345
- Gross operating margin +€33,423
up €33,423 (+17.4%), from €192,386 to €225,809
- Taxes +€9,127
up €9,127 (+38.2%), from €23,895 to €33,022
- Financial charges -€5,559
down €5,559 (-22.0%), from €25,297 to €19,738
- Other operating charges +€2,589
up €2,589 (+19.5%), from €13,271 to €15,861
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 | €2,350,109 | €2,274,095 | -€76,015 | -3.2% |
| Fixed assets | 21/28 | €2,335,477 | €2,240,587 | -€94,890 | -4.1% |
| Tangible fixed assets | 22/27 | €2,332,474 | €2,237,584 | -€94,890 | -4.1% |
| Land and buildings | 22 | €2,331,407 | €2,236,784 | -€94,623 | -4.1% |
| Plant, machinery and equipment | 23 | €1,067 | €800 | -€267 | -25.0% |
| Financial fixed assets | 28 | €3,003 | €3,003 | = | 0.0% |
| Current assets | 29/58 | €14,633 | €33,507 | +€18,875 | +129.0% |
| Amounts receivable within one year | 40/41 | €10,706 | €10,706 | = | 0.0% |
| Trade receivables | 40 | €10,706 | €10,706 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,434 | €16,566 | +€15,132 | +1055.4% |
| Deferred charges and accrued income | 490/1 | €2,492 | €6,235 | +€3,742 | +150.1% |
| Total equity and liabilities | 10/49 | €2,350,109 | €2,274,095 | -€76,015 | -3.2% |
| Equity | 10/15 | €1,070,412 | €1,139,411 | +€68,999 | +6.4% |
| Contributions | 10/11 | €378,038 | €378,038 | = | 0.0% |
| Capital | 10 | €378,038 | €378,038 | = | 0.0% |
| Issued capital | 100 | €378,038 | €378,038 | = | 0.0% |
| Reserves | 13 | €692,374 | €761,373 | +€68,999 | +10.0% |
| Non-distributable reserves | 130/1 | €17,163 | €21,803 | +€4,639 | +27.0% |
| Legal reserve | 130 | €17,163 | €21,803 | +€4,639 | +27.0% |
| Tax-exempt reserves | 132 | €468,293 | €444,508 | -€23,784 | -5.1% |
| Distributable reserves | 133 | €206,918 | €295,062 | +€88,144 | +42.6% |
| Provisions and deferred taxes | 16 | €156,095 | €148,166 | -€7,928 | -5.1% |
| Deferred taxes | 168 | €156,095 | €148,166 | -€7,928 | -5.1% |
| Amounts payable | 17/49 | €1,123,603 | €986,517 | -€137,086 | -12.2% |
| Amounts payable after more than one year | 17 | €587,664 | €505,416 | -€82,248 | -14.0% |
| Financial debts | 170/4 | €447,269 | €383,277 | -€63,992 | -14.3% |
| Other amounts payable | 178/9 | €140,395 | €122,140 | -€18,256 | -13.0% |
| Amounts payable within one year | 42/48 | €534,239 | €479,063 | -€55,176 | -10.3% |
| Current portion of amounts payable after more than one year | 42 | €63,547 | €63,992 | +€446 | +0.7% |
| Trade debts | 44 | €81,055 | €75,640 | -€5,415 | -6.7% |
| Suppliers | 440/4 | €81,055 | €75,640 | -€5,415 | -6.7% |
| Taxes, remuneration and social security | 45 | €53,999 | €54,086 | +€87 | +0.2% |
| Taxes | 450/3 | €53,999 | €54,086 | +€87 | +0.2% |
| Other amounts payable | 47/48 | €335,638 | €285,345 | -€50,294 | -15.0% |
| Accrued charges and deferred income | 492/3 | €1,700 | €2,038 | +€338 | +19.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €95,995 | €96,118 | +€123 | +0.1% |
| Other operating charges | 640/8 | €13,271 | €15,861 | +€2,589 | +19.5% |
| Gross operating margin | 9900 | €192,386 | €225,809 | +€33,423 | +17.4% |
| Operating profit (loss) | 9901 | €83,119 | €113,831 | +€30,712 | +36.9% |
| Financial charges | 65/66B | €25,297 | €19,738 | -€5,559 | -22.0% |
| Recurring financial charges | 65 | €25,297 | €19,738 | -€5,559 | -22.0% |
| Profit (loss) for the period before taxes | 9903 | €57,822 | €94,093 | +€36,271 | +62.7% |
| Transfer from deferred taxes | 780 | €7,928 | €7,928 | = | 0.0% |
| Income taxes | 67/77 | €23,895 | €33,022 | +€9,127 | +38.2% |
| Profit (loss) for the period | 9904 | €41,856 | €68,999 | +€27,143 | +64.8% |
| Transfer from tax-exempt reserves | 789 | €23,784 | €23,784 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €65,640 | €92,783 | +€27,143 | +41.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.