Kazimo: 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.
Kazimo
Largest movements
- Cash -€15,613
down €15,613 (-35.7%), from €43,744 to €28,131
mainly Receivables within one year (-€9,475) and Net result for the year (-€2,544)
- Receivables within one year +€9,475
up €9,475 (+970%), from €977 to €10,452
- Stocks and contracts +€1,595
up €1,595 (+515%), from €310 to €1,905
- Reserves -€2,544
down €2,544 (-5.6%), from €45,835 to €43,291
- Tax, wage and social debts -€2,249
down €2,249 (-100%), from €2,249 to €0
of which Taxes: -€2,249
- Trade debts +€1,631
up €1,631 (+65.1%), from €2,503 to €4,134
- Other debts -€1,433
down €1,433 (-100%), from €1,433 to €0
- Gross operating margin -€63,200
down €63,200 (-72.1%), from €87,640 to €24,440
- Staff costs -€23,542
down €23,542 (-60.8%), from €38,693 to €15,151
- Other operating charges -€15,064
down €15,064 (-82.0%), from €18,375 to €3,311
- Financial charges +€1,029
up €1,029 (+10,291%), from €10 to €1,039
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 | €54,021 | €49,425 | -€4,596 | -8.5% |
| Fixed assets | 21/28 | €8,990 | €8,937 | -€53 | -0.6% |
| Tangible fixed assets | 22/27 | €5,150 | €5,097 | -€53 | -1.0% |
| Furniture and vehicles | 24 | €5,150 | €5,097 | -€53 | -1.0% |
| Financial fixed assets | 28 | €3,840 | €3,840 | = | 0.0% |
| Current assets | 29/58 | €45,031 | €40,488 | -€4,543 | -10.1% |
| Stocks and contracts in progress | 3 | €310 | €1,905 | +€1,595 | +515% |
| Stocks | 30/36 | €310 | €1,905 | +€1,595 | +515% |
| Amounts receivable within one year | 40/41 | €977 | €10,452 | +€9,475 | +970% |
| Other amounts receivable | 41 | €977 | €10,452 | +€9,475 | +970% |
| Cash at bank and in hand | 54/58 | €43,744 | €28,131 | -€15,613 | -35.7% |
| Total equity and liabilities | 10/49 | €54,021 | €49,425 | -€4,596 | -8.5% |
| Equity | 10/15 | €47,835 | €45,291 | -€2,544 | -5.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €45,835 | €43,291 | -€2,544 | -5.6% |
| Distributable reserves | 133 | €45,835 | €43,291 | -€2,544 | -5.6% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €6,185 | €4,134 | -€2,052 | -33.2% |
| Amounts payable within one year | 42/48 | €6,185 | €4,134 | -€2,052 | -33.2% |
| Trade debts | 44 | €2,503 | €4,134 | +€1,631 | +65.1% |
| Suppliers | 440/4 | €2,503 | €4,134 | +€1,631 | +65.1% |
| Taxes, remuneration and social security | 45 | €2,249 | €0 | -€2,249 | -100% |
| Taxes | 450/3 | €2,249 | €0 | -€2,249 | -100% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €1,433 | €0 | -€1,433 | -100% |
| Remuneration, social security and pensions | 62 | €38,693 | €15,151 | -€23,542 | -60.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,420 | €1,870 | +€450 | +31.7% |
| Other operating charges | 640/8 | €18,375 | €3,311 | -€15,064 | -82.0% |
| Gross operating margin | 9900 | €87,640 | €24,440 | -€63,200 | -72.1% |
| Operating profit (loss) | 9901 | €29,152 | €4,107 | -€25,044 | -85.9% |
| Financial income | 75/76B | €0 | €225 | +€225 | +112,630% |
| Recurring financial income | 75 | €0 | €225 | +€225 | +112,630% |
| Financial charges | 65/66B | €10 | €1,039 | +€1,029 | +10,291% |
| Recurring financial charges | 65 | €10 | €1,039 | +€1,029 | +10,291% |
| Profit (loss) for the period before taxes | 9903 | €29,142 | €3,294 | -€25,848 | -88.7% |
| Income taxes | 67/77 | €6,647 | €5,838 | -€810 | -12.2% |
| Profit (loss) for the period | 9904 | €22,494 | -€2,544 | -€25,039 | |
| Profit (loss) for the period to be appropriated | 9905 | €22,494 | -€2,544 | -€25,039 |
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 18 October 2026 via checked.be.