KIBALI: what changed
KIBALI
Largest movements
- Current investments -€133,626
down €133,626 (-82.7%), from €161,641 to €28,015
- Receivables within one year +€94,971
up €94,971 (+316%), from €30,036 to €125,008
of which Other amounts receivable: +€125,008
- Tangible fixed assets -€4,412
down €4,412 (-18.5%), from €23,816 to €19,404
of which Furniture and vehicles: -€3,559
- Cash +€3,199
up €3,199 (+368%), from €870 to €4,068
mainly Current investments (+€133,626) and Net result for the year (+€44,085)
- Tax, wage and social debts -€37,419
down €37,419 (-85.5%), from €43,786 to €6,367
- Profit (loss) carried forward -€2,974
down €2,974 (-1.7%), from €171,215 to €168,241
- Gross operating margin -€16,335
down €16,335 (-22.0%), from €74,352 to €58,017
- Taxes -€3,927
down €3,927 (-24.3%), from €16,155 to €12,228
- Depreciation +€2,904
up €2,904 (+193%), from €1,508 to €4,412
- Financial income +€2,059
up €2,059 (+261%), from €788 to €2,846
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €217,438 | €177,132 | -€40,306 | -18.5% |
| Fixed assets | 21/28 | €23,816 | €19,404 | -€4,412 | -18.5% |
| Tangible fixed assets | 22/27 | €23,816 | €19,404 | -€4,412 | -18.5% |
| Plant, machinery and equipment | 23 | €7,207 | €6,354 | -€853 | -11.8% |
| Furniture and vehicles | 24 | €16,608 | €13,049 | -€3,559 | -21.4% |
| Current assets | 29/58 | €193,622 | €157,728 | -€35,894 | -18.5% |
| Amounts receivable within one year | 40/41 | €30,036 | €125,008 | +€94,971 | +316% |
| Trade receivables | 40 | €30,036 | - | -€30,036 | |
| Other amounts receivable | 41 | - | €125,008 | +€125,008 | |
| Current investments | 50/53 | €161,641 | €28,015 | -€133,626 | -82.7% |
| Cash at bank and in hand | 54/58 | €870 | €4,068 | +€3,199 | +368% |
| Deferred charges and accrued income | 490/1 | €1,075 | €636 | -€439 | -40.8% |
| Total equity and liabilities | 10/49 | €217,438 | €177,132 | -€40,306 | -18.5% |
| Equity | 10/15 | €173,215 | €170,241 | -€2,974 | -1.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €171,215 | €168,241 | -€2,974 | -1.7% |
| Amounts payable | 17/49 | €44,223 | €6,891 | -€37,332 | -84.4% |
| Amounts payable within one year | 42/48 | €44,223 | €6,891 | -€37,332 | -84.4% |
| Trade debts | 44 | - | €16 | +€16 | |
| Suppliers | 440/4 | - | €16 | +€16 | |
| Taxes, remuneration and social security | 45 | €43,786 | €6,367 | -€37,419 | -85.5% |
| Taxes | 450/3 | €43,786 | €6,367 | -€37,419 | -85.5% |
| Other amounts payable | 47/48 | €436 | €508 | +€71 | +16.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,508 | €4,412 | +€2,904 | +193% |
| Other operating charges | 640/8 | €85 | €85 | = | 0.0% |
| Gross operating margin | 9900 | €74,352 | €58,017 | -€16,335 | -22.0% |
| Operating profit (loss) | 9901 | €72,759 | €53,520 | -€19,239 | -26.4% |
| Financial income | 75/76B | €788 | €2,846 | +€2,059 | +261% |
| Recurring financial income | 75 | €788 | €2,846 | +€2,059 | +261% |
| Financial charges | 65/66B | €72 | €53 | -€18 | -25.7% |
| Recurring financial charges | 65 | €72 | €53 | -€18 | -25.7% |
| Profit (loss) for the period before taxes | 9903 | €73,475 | €56,313 | -€17,162 | -23.4% |
| Income taxes | 67/77 | €16,155 | €12,228 | -€3,927 | -24.3% |
| Profit (loss) for the period | 9904 | €57,320 | €44,085 | -€13,235 | -23.1% |
| Profit (loss) for the period to be appropriated | 9905 | €57,320 | €44,085 | -€13,235 | -23.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.