Kiima: 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.
Kiima
Largest movements
- Tangible fixed assets -€13,235
down €13,235 (-14.0%), from €94,359 to €81,124
- Cash -€5,986
down €5,986 (-42.1%), from €14,211 to €8,225
mainly Debts after one year (-€10,187) and Other debts (-€8,257)
- Receivables within one year +€3,591
up €3,591 (+651.2%), from €551 to €4,142
of which Trade receivables: +€2,408
- Stocks and contracts +€1,397
up €1,397 (+114.7%), from €1,218 to €2,616
- Profit (loss) carried forward +€11,562
up €11,562 (+36.2%), from -€31,966 to -€20,404
- Debts after one year -€10,187
down €10,187 (-15.3%), from €66,518 to €56,331
- Other debts -€8,257
down €8,257 (-19.8%), from €41,662 to €33,404
- Tax, wage and social debts -€5,489
no longer reported in 2025 (was €5,489)
- Trade debts -€1,436
down €1,436 (-41.8%), from €3,436 to €2,000
- Gross operating margin +€25,878
up €25,878 (+2212.1%), from €1,170 to €27,048
- Other operating charges -€2,859
down €2,859 (-71.8%), from €3,980 to €1,121
- Financial income -€726
down €726 (-70.0%), from €1,037 to €311
- Financial charges -€402
down €402 (-21.8%), from €1,843 to €1,441
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 | €110,542 | €96,915 | -€13,627 | -12.3% |
| Fixed assets | 21/28 | €94,359 | €81,124 | -€13,235 | -14.0% |
| Tangible fixed assets | 22/27 | €94,359 | €81,124 | -€13,235 | -14.0% |
| Land and buildings | 22 | €73,935 | €69,361 | -€4,574 | -6.2% |
| Plant, machinery and equipment | 23 | €7,114 | €3,394 | -€3,720 | -52.3% |
| Furniture and vehicles | 24 | €7,267 | €3,467 | -€3,800 | -52.3% |
| Other tangible fixed assets | 26 | €6,043 | €4,902 | -€1,141 | -18.9% |
| Current assets | 29/58 | €16,183 | €15,792 | -€391 | -2.4% |
| Stocks and contracts in progress | 3 | €1,218 | €2,616 | +€1,397 | +114.7% |
| Stocks | 30/36 | €1,218 | €2,616 | +€1,397 | +114.7% |
| Amounts receivable within one year | 40/41 | €551 | €4,142 | +€3,591 | +651.2% |
| Trade receivables | 40 | €542 | €2,950 | +€2,408 | +444.7% |
| Other amounts receivable | 41 | €10 | €1,193 | +€1,183 | +11909.3% |
| Cash at bank and in hand | 54/58 | €14,211 | €8,225 | -€5,986 | -42.1% |
| Deferred charges and accrued income | 490/1 | €202 | €809 | +€607 | +300.3% |
| Total equity and liabilities | 10/49 | €110,542 | €96,915 | -€13,627 | -12.3% |
| Equity | 10/15 | -€16,570 | -€5,007 | +€11,562 | +69.8% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €12,896 | €12,896 | = | 0.0% |
| Distributable reserves | 133 | €12,896 | €12,896 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€31,966 | -€20,404 | +€11,562 | +36.2% |
| Amounts payable | 17/49 | €127,112 | €101,923 | -€25,189 | -19.8% |
| Amounts payable after more than one year | 17 | €66,518 | €56,331 | -€10,187 | -15.3% |
| Financial debts | 170/4 | €66,518 | €56,331 | -€10,187 | -15.3% |
| Amounts payable within one year | 42/48 | €60,593 | €45,592 | -€15,002 | -24.8% |
| Current portion of amounts payable after more than one year | 42 | €10,007 | €10,187 | +€180 | +1.8% |
| Trade debts | 44 | €3,436 | €2,000 | -€1,436 | -41.8% |
| Suppliers | 440/4 | €3,436 | €2,000 | -€1,436 | -41.8% |
| Taxes, remuneration and social security | 45 | €5,489 | - | -€5,489 | |
| Taxes | 450/3 | €5,489 | - | -€5,489 | |
| Other amounts payable | 47/48 | €41,662 | €33,404 | -€8,257 | -19.8% |
| Non-recurring operating income | 76A | €8,703 | - | -€8,703 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,235 | €13,235 | = | 0.0% |
| Other operating charges | 640/8 | €3,980 | €1,121 | -€2,859 | -71.8% |
| Non-recurring operating charges | 66A | €15,490 | - | -€15,490 | |
| Gross operating margin | 9900 | €1,170 | €27,048 | +€25,878 | +2212.1% |
| Operating profit (loss) | 9901 | -€31,535 | €12,692 | +€44,227 | |
| Financial income | 75/76B | €1,037 | €311 | -€726 | -70.0% |
| Recurring financial income | 75 | €1,037 | €311 | -€726 | -70.0% |
| Financial charges | 65/66B | €1,843 | €1,441 | -€402 | -21.8% |
| Recurring financial charges | 65 | €1,843 | €1,441 | -€402 | -21.8% |
| Profit (loss) for the period before taxes | 9903 | -€32,341 | €11,562 | +€43,904 | |
| Profit (loss) for the period | 9904 | -€32,341 | €11,562 | +€43,904 | |
| Profit (loss) for the period to be appropriated | 9905 | -€32,341 | €11,562 | +€43,904 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.