KIM: 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.
KIM
Largest movements
- Cash -€12,873
down €12,873 (-17.3%), from €74,562 to €61,689
mainly Contributions, distributions and other (-€14,100) and Receivables within one year (-€6,917)
- Receivables within one year +€6,917
up €6,917 (+116%), from €5,966 to €12,882
of which Other amounts receivable: +€6,245
- Receivables after one year -€4,500
no longer reported in 2025 (was €4,500)
- Tangible fixed assets +€1,585
up €1,585 (+8.0%), from €19,878 to €21,463
of which Land and buildings: +€3,211
- Deferred charges and accrued income -€1,545
down €1,545 (-34.1%), from €4,525 to €2,980
- Reserves -€10,350
down €10,350 (-13.2%), from €78,288 to €67,938
of which Distributable reserves: -€10,350
- Tax, wage and social debts +€7,246
up €7,246 (+47.1%), from €15,371 to €22,616
of which Taxes: +€6,294
- Trade debts -€4,793
down €4,793 (-56.3%), from €8,509 to €3,715
- Contributions -€3,750
down €3,750 (-33.3%), from €11,250 to €7,500
- Other debts +€3,042
up €3,042 (+188%), from €1,616 to €4,658
- Gross operating margin -€39,962
down €39,962 (-29.0%), from €138,030 to €98,068
- Taxes -€13,501
no longer reported in 2025 (was €13,501)
- Staff costs +€7,527
up €7,527 (+8.5%), from €88,262 to €95,788
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 | €115,034 | €104,617 | -€10,416 | -9.1% |
| Fixed assets | 21/28 | €25,480 | €27,066 | +€1,585 | +6.2% |
| Tangible fixed assets | 22/27 | €19,878 | €21,463 | +€1,585 | +8.0% |
| Land and buildings | 22 | €7,409 | €10,620 | +€3,211 | +43.3% |
| Plant, machinery and equipment | 23 | €10,770 | €9,557 | -€1,214 | -11.3% |
| Furniture and vehicles | 24 | €1,699 | €1,286 | -€413 | -24.3% |
| Financial fixed assets | 28 | €5,603 | €5,603 | = | 0.0% |
| Current assets | 29/58 | €89,553 | €77,552 | -€12,002 | -13.4% |
| Amounts receivable after more than one year | 29 | €4,500 | - | -€4,500 | |
| Other amounts receivable | 291 | €4,500 | - | -€4,500 | |
| Amounts receivable within one year | 40/41 | €5,966 | €12,882 | +€6,917 | +116% |
| Trade receivables | 40 | €5,210 | €5,882 | +€672 | +12.9% |
| Other amounts receivable | 41 | €755 | €7,000 | +€6,245 | +827% |
| Cash at bank and in hand | 54/58 | €74,562 | €61,689 | -€12,873 | -17.3% |
| Deferred charges and accrued income | 490/1 | €4,525 | €2,980 | -€1,545 | -34.1% |
| Total equity and liabilities | 10/49 | €115,034 | €104,617 | -€10,416 | -9.1% |
| Equity | 10/15 | €89,538 | €73,628 | -€15,910 | -17.8% |
| Contributions | 10/11 | €11,250 | €7,500 | -€3,750 | -33.3% |
| Reserves | 13 | €78,288 | €67,938 | -€10,350 | -13.2% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Other | 1319 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €76,288 | €65,938 | -€10,350 | -13.6% |
| Profit (loss) carried forward | 14 | - | -€1,810 | -€1,810 | |
| Amounts payable | 17/49 | €25,495 | €30,989 | +€5,494 | +21.5% |
| Amounts payable within one year | 42/48 | €25,495 | €30,989 | +€5,494 | +21.5% |
| Trade debts | 44 | €8,509 | €3,715 | -€4,793 | -56.3% |
| Suppliers | 440/4 | €8,509 | €3,715 | -€4,793 | -56.3% |
| Taxes, remuneration and social security | 45 | €15,371 | €22,616 | +€7,246 | +47.1% |
| Taxes | 450/3 | €3,712 | €10,006 | +€6,294 | +170% |
| Remuneration and social security | 454/9 | €11,659 | €12,610 | +€951 | +8.2% |
| Other amounts payable | 47/48 | €1,616 | €4,658 | +€3,042 | +188% |
| Remuneration, social security and pensions | 62 | €88,262 | €95,788 | +€7,527 | +8.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,000 | €2,564 | +€564 | +28.2% |
| Other operating charges | 640/8 | €776 | €736 | -€40 | -5.2% |
| Non-recurring operating charges | 66A | €4,564 | - | -€4,564 | |
| Gross operating margin | 9900 | €138,030 | €98,068 | -€39,962 | -29.0% |
| Operating profit (loss) | 9901 | €42,429 | -€1,020 | -€43,449 | |
| Financial charges | 65/66B | €595 | €790 | +€195 | +32.8% |
| Recurring financial charges | 65 | €595 | €790 | +€195 | +32.8% |
| Profit (loss) for the period before taxes | 9903 | €41,834 | -€1,810 | -€43,644 | |
| Income taxes | 67/77 | €13,501 | - | -€13,501 | |
| Profit (loss) for the period | 9904 | €28,333 | -€1,810 | -€30,143 | |
| Profit (loss) for the period to be appropriated | 9905 | €28,333 | -€1,810 | -€30,143 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.