KIM JOY: 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 JOY
Largest movements
- Cash +€21,406
up €21,406 (+58.7%), from €36,481 to €57,888
mainly Tax, wage and social debts (+€26,859) and Accrued charges and deferred income (+€6,650)
- Receivables within one year +€13,294
up €13,294 (+33.5%), from €39,635 to €52,929
of which Other amounts receivable: +€13,294
- Stocks and contracts -€4,023
down €4,023 (-9.3%), from €43,366 to €39,342
- Tax, wage and social debts +€26,859
up €26,859 (+99.6%), from €26,961 to €53,821
of which Remuneration and social security: +€25,960
- Accrued charges and deferred income +€6,650
new in 2025: €6,650
- Trade debts -€4,396
down €4,396 (-33.6%), from €13,079 to €8,684
- Profit (loss) carried forward +€2,460
up €2,460 (+3.7%), from €66,072 to €68,532
- Gross operating margin +€9,345
up €9,345 (+38.8%), from €24,093 to €33,438
- Staff costs +€9,167
up €9,167 (+57.8%), from €15,859 to €25,026
- Financial charges +€1,836
up €1,836 (+338%), from €543 to €2,379
- Depreciation -€1,696
down €1,696 (-81.9%), from €2,070 to €374
- Other operating charges +€756
up €756 (+66.4%), from €1,139 to €1,896
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 | €123,832 | €155,500 | +€31,668 | +25.6% |
| Fixed assets | 21/28 | €749 | €374 | -€374 | -50.0% |
| Tangible fixed assets | 22/27 | €749 | €374 | -€374 | -50.0% |
| Furniture and vehicles | 24 | €749 | €374 | -€374 | -50.0% |
| Current assets | 29/58 | €123,084 | €155,126 | +€32,042 | +26.0% |
| Stocks and contracts in progress | 3 | €43,366 | €39,342 | -€4,023 | -9.3% |
| Stocks | 30/36 | €43,366 | €39,342 | -€4,023 | -9.3% |
| Amounts receivable within one year | 40/41 | €39,635 | €52,929 | +€13,294 | +33.5% |
| Trade receivables | 40 | €31,901 | €31,901 | = | 0.0% |
| Other amounts receivable | 41 | €7,734 | €21,028 | +€13,294 | +172% |
| Current investments | 50/53 | €3,356 | €4,642 | +€1,285 | +38.3% |
| Cash at bank and in hand | 54/58 | €36,481 | €57,888 | +€21,406 | +58.7% |
| Deferred charges and accrued income | 490/1 | €246 | €325 | +€80 | +32.4% |
| Total equity and liabilities | 10/49 | €123,832 | €155,500 | +€31,668 | +25.6% |
| Equity | 10/15 | €82,272 | €84,732 | +€2,460 | +3.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €10,000 | €10,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €66,072 | €68,532 | +€2,460 | +3.7% |
| Amounts payable | 17/49 | €41,561 | €70,768 | +€29,208 | +70.3% |
| Amounts payable within one year | 42/48 | €41,561 | €64,118 | +€22,558 | +54.3% |
| Trade debts | 44 | €13,079 | €8,684 | -€4,396 | -33.6% |
| Suppliers | 440/4 | €13,079 | €8,684 | -€4,396 | -33.6% |
| Taxes, remuneration and social security | 45 | €26,961 | €53,821 | +€26,859 | +99.6% |
| Taxes | 450/3 | €19,412 | €20,312 | +€900 | +4.6% |
| Remuneration and social security | 454/9 | €7,550 | €33,509 | +€25,960 | +344% |
| Other amounts payable | 47/48 | €1,520 | €1,614 | +€94 | +6.2% |
| Accrued charges and deferred income | 492/3 | - | €6,650 | +€6,650 | |
| Remuneration, social security and pensions | 62 | €15,859 | €25,026 | +€9,167 | +57.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,070 | €374 | -€1,696 | -81.9% |
| Other operating charges | 640/8 | €1,139 | €1,896 | +€756 | +66.4% |
| Gross operating margin | 9900 | €24,093 | €33,438 | +€9,345 | +38.8% |
| Operating profit (loss) | 9901 | €5,024 | €6,142 | +€1,118 | +22.3% |
| Financial charges | 65/66B | €543 | €2,379 | +€1,836 | +338% |
| Recurring financial charges | 65 | €543 | €2,379 | +€1,836 | +338% |
| Profit (loss) for the period before taxes | 9903 | €4,481 | €3,764 | -€717 | -16.0% |
| Income taxes | 67/77 | €995 | €1,304 | +€308 | +31.0% |
| Profit (loss) for the period | 9904 | €3,486 | €2,460 | -€1,026 | -29.4% |
| Profit (loss) for the period to be appropriated | 9905 | €3,486 | €2,460 | -€1,026 | -29.4% |
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 15 October 2026 via checked.be.