KIM GORIS: 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 GORIS
Largest movements
- Stocks and contracts +€15,100
new in 2025: €15,100
of which Contracts in progress: +€12,420
- Receivables within one year -€14,768
down €14,768 (-77.3%), from €19,114 to €4,346
of which Trade receivables: -€12,878
- Tangible fixed assets -€10,985
down €10,985 (-31.8%), from €34,491 to €23,506
of which Plant, machinery and equipment: -€5,904
- Cash -€10,652
down €10,652 (-87.6%), from €12,158 to €1,507
mainly Net result for the year (-€26,596) and Stocks and contracts (-€15,100)
- Deferred charges and accrued income -€935
down €935 (-13.0%), from €7,191 to €6,256
- Profit (loss) carried forward -€26,596
down €26,596 (-188%), from -€14,110 to -€40,706
- Other debts +€11,055
up €11,055 (+36.6%), from €30,170 to €41,225
- Current portion of long-term debt -€6,929
down €6,929 (-100%), from €6,929 to €0
- Gross operating margin -€41,410
down €41,410, from €28,982 to -€12,428
- Taxes -€3,806
down €3,806 (-100%), from €3,806 to €0
- Depreciation +€2,684
up €2,684 (+32.3%), from €8,301 to €10,985
- Other operating charges -€306
down €306 (-32.3%), from €948 to €642
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 | €72,955 | €50,715 | -€22,239 | -30.5% |
| Fixed assets | 21/28 | €34,491 | €23,506 | -€10,985 | -31.8% |
| Tangible fixed assets | 22/27 | €34,491 | €23,506 | -€10,985 | -31.8% |
| Plant, machinery and equipment | 23 | €13,167 | €7,263 | -€5,904 | -44.8% |
| Furniture and vehicles | 24 | €21,324 | €16,243 | -€5,081 | -23.8% |
| Current assets | 29/58 | €38,464 | €27,209 | -€11,254 | -29.3% |
| Stocks and contracts in progress | 3 | - | €15,100 | +€15,100 | |
| Stocks | 30/36 | - | €2,680 | +€2,680 | |
| Contracts in progress | 37 | - | €12,420 | +€12,420 | |
| Amounts receivable within one year | 40/41 | €19,114 | €4,346 | -€14,768 | -77.3% |
| Trade receivables | 40 | €17,224 | €4,346 | -€12,878 | -74.8% |
| Other amounts receivable | 41 | €1,890 | €0 | -€1,890 | -100% |
| Cash at bank and in hand | 54/58 | €12,158 | €1,507 | -€10,652 | -87.6% |
| Deferred charges and accrued income | 490/1 | €7,191 | €6,256 | -€935 | -13.0% |
| Total equity and liabilities | 10/49 | €72,955 | €50,715 | -€22,239 | -30.5% |
| Equity | 10/15 | €34,973 | €8,377 | -€26,596 | -76.0% |
| Contributions | 10/11 | €44,621 | €44,621 | = | 0.0% |
| Reserves | 13 | €4,462 | €4,462 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €4,462 | €4,462 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,110 | -€40,706 | -€26,596 | -188% |
| Amounts payable | 17/49 | €37,982 | €42,338 | +€4,356 | +11.5% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €37,554 | €42,338 | +€4,785 | +12.7% |
| Current portion of amounts payable after more than one year | 42 | €6,929 | €0 | -€6,929 | -100% |
| Trade debts | 44 | €75 | €344 | +€269 | +357% |
| Suppliers | 440/4 | €75 | €344 | +€269 | +357% |
| Taxes, remuneration and social security | 45 | €380 | €770 | +€390 | +103% |
| Taxes | 450/3 | €380 | €770 | +€390 | +103% |
| Other amounts payable | 47/48 | €30,170 | €41,225 | +€11,055 | +36.6% |
| Accrued charges and deferred income | 492/3 | €428 | €0 | -€428 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,301 | €10,985 | +€2,684 | +32.3% |
| Other operating charges | 640/8 | €948 | €642 | -€306 | -32.3% |
| Gross operating margin | 9900 | €28,982 | -€12,428 | -€41,410 | |
| Operating profit (loss) | 9901 | €19,732 | -€24,055 | -€43,787 | |
| Financial income | 75/76B | €239 | €284 | +€45 | +18.7% |
| Recurring financial income | 75 | €239 | €284 | +€45 | +18.7% |
| Financial charges | 65/66B | €2,795 | €2,825 | +€30 | +1.1% |
| Recurring financial charges | 65 | €2,795 | €2,825 | +€30 | +1.1% |
| Profit (loss) for the period before taxes | 9903 | €17,177 | -€26,596 | -€43,772 | |
| Income taxes | 67/77 | €3,806 | €0 | -€3,806 | -100% |
| Profit (loss) for the period | 9904 | €13,370 | -€26,596 | -€39,966 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,370 | -€26,596 | -€39,966 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.