KICAMI: 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.
KICAMI
Largest movements
- Tangible fixed assets +€196,981
up €196,981 (+40.2%), from €490,508 to €687,489
of which Furniture and vehicles: +€207,725
- Receivables within one year +€27,260
up €27,260 (+234.4%), from €11,628 to €38,888
of which Other amounts receivable: +€36,051
- Cash -€16,975
down €16,975 (-91.0%), from €18,650 to €1,675
mainly Investment in fixed assets (net) (-€224,383) and Receivables within one year (-€27,260)
- Deferred charges and accrued income -€13,222
down €13,222 (-75.0%), from €17,628 to €4,407
- Debts after one year +€126,504
up €126,504 (+35.2%), from €359,584 to €486,088
- Current portion of long-term debt +€39,539
up €39,539 (+88.5%), from €44,701 to €84,240
- Reserves +€31,000
up €31,000 (+155.0%), from €20,000 to €51,000
- Other debts +€22,623
up €22,623 (+40.1%), from €56,451 to €79,074
- Trade debts -€18,912
down €18,912 (-73.2%), from €25,850 to €6,938
- Gross operating margin +€24,460
up €24,460 (+30.9%), from €79,035 to €103,495
- Taxes +€9,566
up €9,566 (+136.0%), from €7,033 to €16,599
- Staff costs -€5,504
down €5,504 (-26.7%), from €20,605 to €15,101
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 | €538,675 | €732,720 | +€194,044 | +36.0% |
| Fixed assets | 21/28 | €490,769 | €687,750 | +€196,981 | +40.1% |
| Tangible fixed assets | 22/27 | €490,508 | €687,489 | +€196,981 | +40.2% |
| Land and buildings | 22 | €478,517 | €468,291 | -€10,226 | -2.1% |
| Plant, machinery and equipment | 23 | €5,835 | €5,317 | -€518 | -8.9% |
| Furniture and vehicles | 24 | €6,156 | €213,881 | +€207,725 | +3374.3% |
| Financial fixed assets | 28 | €261 | €261 | = | 0.0% |
| Current assets | 29/58 | €47,906 | €44,969 | -€2,937 | -6.1% |
| Amounts receivable within one year | 40/41 | €11,628 | €38,888 | +€27,260 | +234.4% |
| Trade receivables | 40 | €11,628 | €2,836 | -€8,792 | -75.6% |
| Other amounts receivable | 41 | - | €36,051 | +€36,051 | |
| Cash at bank and in hand | 54/58 | €18,650 | €1,675 | -€16,975 | -91.0% |
| Deferred charges and accrued income | 490/1 | €17,628 | €4,407 | -€13,222 | -75.0% |
| Total equity and liabilities | 10/49 | €538,675 | €732,720 | +€194,044 | +36.0% |
| Equity | 10/15 | €39,888 | €71,781 | +€31,893 | +80.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €20,000 | €51,000 | +€31,000 | +155.0% |
| Distributable reserves | 133 | €20,000 | €51,000 | +€31,000 | +155.0% |
| Profit (loss) carried forward | 14 | €1,288 | €2,181 | +€893 | +69.3% |
| Amounts payable | 17/49 | €498,788 | €660,939 | +€162,151 | +32.5% |
| Amounts payable after more than one year | 17 | €359,584 | €486,088 | +€126,504 | +35.2% |
| Financial debts | 170/4 | €359,584 | €486,088 | +€126,504 | +35.2% |
| Amounts payable within one year | 42/48 | €139,203 | €174,851 | +€35,648 | +25.6% |
| Current portion of amounts payable after more than one year | 42 | €44,701 | €84,240 | +€39,539 | +88.5% |
| Trade debts | 44 | €25,850 | €6,938 | -€18,912 | -73.2% |
| Suppliers | 440/4 | €25,850 | €6,938 | -€18,912 | -73.2% |
| Taxes, remuneration and social security | 45 | €12,201 | €4,599 | -€7,602 | -62.3% |
| Taxes | 450/3 | €8,143 | €4,599 | -€3,544 | -43.5% |
| Remuneration and social security | 454/9 | €4,058 | - | -€4,058 | |
| Other amounts payable | 47/48 | €56,451 | €79,074 | +€22,623 | +40.1% |
| Remuneration, social security and pensions | 62 | €20,605 | €15,101 | -€5,504 | -26.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,097 | €27,402 | -€695 | -2.5% |
| Other operating charges | 640/8 | €3,962 | €4,278 | +€316 | +8.0% |
| Gross operating margin | 9900 | €79,035 | €103,495 | +€24,460 | +30.9% |
| Operating profit (loss) | 9901 | €26,371 | €56,714 | +€30,343 | +115.1% |
| Financial charges | 65/66B | €9,202 | €8,222 | -€980 | -10.7% |
| Recurring financial charges | 65 | €9,202 | €8,222 | -€980 | -10.7% |
| Profit (loss) for the period before taxes | 9903 | €17,169 | €48,492 | +€31,323 | +182.4% |
| Income taxes | 67/77 | €7,033 | €16,599 | +€9,566 | +136.0% |
| Profit (loss) for the period | 9904 | €10,136 | €31,893 | +€21,757 | +214.7% |
| Profit (loss) for the period to be appropriated | 9905 | €10,136 | €31,893 | +€21,757 | +214.7% |
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 12 October 2026 via checked.be.