KAZIMIR: 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.
KAZIMIR
Largest movements
- Tangible fixed assets -€3,571
down €3,571 (-7.1%), from €50,062 to €46,491
of which Land and buildings: -€4,900
- Deferred charges and accrued income -€1,153
no longer reported in 2024 (was €1,153)
- Other debts -€8,000
down €8,000 (-26.0%), from €30,764 to €22,764
- Reserves +€3,009
up €3,009 (+26.4%), from €11,394 to €14,403
of which Distributable reserves: +€3,009
- Gross operating margin +€558
up €558 (+5.4%), from €10,421 to €10,979
- Financial charges -€145
down €145 (-72.2%), from €202 to €56
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €55,968 | €51,104 | -€4,864 | -8.7% |
| Fixed assets | 21/28 | €50,062 | €46,491 | -€3,571 | -7.1% |
| Tangible fixed assets | 22/27 | €50,062 | €46,491 | -€3,571 | -7.1% |
| Land and buildings | 22 | €50,062 | €45,162 | -€4,900 | -9.8% |
| Plant, machinery and equipment | 23 | - | €1,329 | +€1,329 | |
| Current assets | 29/58 | €5,906 | €4,613 | -€1,293 | -21.9% |
| Amounts receivable within one year | 40/41 | €959 | €997 | +€38 | +4.0% |
| Other amounts receivable | 41 | €959 | €997 | +€38 | +4.0% |
| Cash at bank and in hand | 54/58 | €3,795 | €3,616 | -€178 | -4.7% |
| Deferred charges and accrued income | 490/1 | €1,153 | - | -€1,153 | |
| Total equity and liabilities | 10/49 | €55,968 | €51,104 | -€4,864 | -8.7% |
| Equity | 10/15 | €20,292 | €23,302 | +€3,009 | +14.8% |
| Contributions | 10/11 | €5,498 | €5,498 | = | 0.0% |
| Revaluation surpluses | 12 | €3,401 | €3,401 | = | 0.0% |
| Reserves | 13 | €11,394 | €14,403 | +€3,009 | +26.4% |
| Tax-exempt reserves | 132 | €339 | €339 | = | 0.0% |
| Distributable reserves | 133 | €11,055 | €14,064 | +€3,009 | +27.2% |
| Amounts payable | 17/49 | €35,675 | €27,802 | -€7,873 | -22.1% |
| Amounts payable after more than one year | 17 | €3,000 | €3,000 | = | 0.0% |
| Other amounts payable | 178/9 | €3,000 | €3,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €32,675 | €24,802 | -€7,873 | -24.1% |
| Trade debts | 44 | €880 | €852 | -€28 | -3.2% |
| Suppliers | 440/4 | €880 | €852 | -€28 | -3.2% |
| Taxes, remuneration and social security | 45 | €1,032 | €1,186 | +€154 | +15.0% |
| Taxes | 450/3 | €1,032 | €1,186 | +€154 | +15.0% |
| Other amounts payable | 47/48 | €30,764 | €22,764 | -€8,000 | -26.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,900 | €4,946 | +€46 | +0.9% |
| Other operating charges | 640/8 | €1,074 | €1,123 | +€49 | +4.6% |
| Gross operating margin | 9900 | €10,421 | €10,979 | +€558 | +5.4% |
| Operating profit (loss) | 9901 | €4,447 | €4,911 | +€463 | +10.4% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €202 | €56 | -€145 | -72.2% |
| Recurring financial charges | 65 | €202 | €56 | -€145 | -72.2% |
| Profit (loss) for the period before taxes | 9903 | €4,246 | €4,856 | +€610 | +14.4% |
| Income taxes | 67/77 | €1,032 | €1,013 | -€19 | -1.8% |
| Profit (loss) for the period | 9904 | €3,214 | €3,842 | +€628 | +19.5% |
| Profit (loss) for the period to be appropriated | 9905 | €3,214 | €3,842 | +€628 | +19.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.