KIM - MAI: 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 - MAI
Largest movements
- Receivables after one year +€12,237
new in 2025: €12,237
- Cash -€9,875
down €9,875 (-62.6%), from €15,775 to €5,900
mainly Receivables after one year (-€12,237) and Tax, wage and social debts (-€2,750)
- Receivables within one year +€1,096
up €1,096 (+5.2%), from €21,119 to €22,215
- Trade debts +€4,381
up €4,381 (+1,138%), from €385 to €4,766
- Tax, wage and social debts -€2,750
down €2,750 (-81.8%), from €3,360 to €610
of which Taxes: -€3,360
- Profit (loss) carried forward +€1,827
up €1,827 (+3.9%), from €46,285 to €48,112
- Gross operating margin -€12,994
down €12,994 (-70.0%), from €18,571 to €5,577
- Depreciation -€4,788
no longer reported in 2025 (was €4,788)
- Other operating charges +€2,636
up €2,636 (+561%), from €470 to €3,106
- Taxes -€1,502
down €1,502 (-71.1%), from €2,112 to €610
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 | €61,684 | €65,142 | +€3,458 | +5.6% |
| Fixed assets | 21/28 | €24,790 | €24,790 | = | 0.0% |
| Tangible fixed assets | 22/27 | €24,790 | €24,790 | = | 0.0% |
| Land and buildings | 22 | €24,790 | €24,790 | = | 0.0% |
| Current assets | 29/58 | €36,894 | €40,352 | +€3,458 | +9.4% |
| Amounts receivable after more than one year | 29 | - | €12,237 | +€12,237 | |
| Other amounts receivable | 291 | - | €12,237 | +€12,237 | |
| Amounts receivable within one year | 40/41 | €21,119 | €22,215 | +€1,096 | +5.2% |
| Other amounts receivable | 41 | €21,119 | €22,215 | +€1,096 | +5.2% |
| Cash at bank and in hand | 54/58 | €15,775 | €5,900 | -€9,875 | -62.6% |
| Total equity and liabilities | 10/49 | €61,684 | €65,142 | +€3,458 | +5.6% |
| Equity | 10/15 | €52,604 | €54,431 | +€1,827 | +3.5% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Capital | 10 | €6,197 | €6,197 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Uncalled capital | 101 | €12,395 | €12,395 | = | 0.0% |
| Reserves | 13 | €122 | €122 | = | 0.0% |
| Non-distributable reserves | 130/1 | €122 | €122 | = | 0.0% |
| Legal reserve | 130 | €122 | €122 | = | 0.0% |
| Profit (loss) carried forward | 14 | €46,285 | €48,112 | +€1,827 | +3.9% |
| Amounts payable | 17/49 | €9,080 | €10,711 | +€1,631 | +18.0% |
| Amounts payable within one year | 42/48 | €9,080 | €10,711 | +€1,631 | +18.0% |
| Current portion of amounts payable after more than one year | 42 | €3,600 | €3,600 | = | 0.0% |
| Trade debts | 44 | €385 | €4,766 | +€4,381 | +1,138% |
| Suppliers | 440/4 | €385 | €4,766 | +€4,381 | +1,138% |
| Taxes, remuneration and social security | 45 | €3,360 | €610 | -€2,750 | -81.8% |
| Taxes | 450/3 | €3,360 | - | -€3,360 | |
| Remuneration and social security | 454/9 | - | €610 | +€610 | |
| Other amounts payable | 47/48 | €1,735 | €1,735 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,788 | - | -€4,788 | |
| Other operating charges | 640/8 | €470 | €3,106 | +€2,636 | +561% |
| Gross operating margin | 9900 | €18,571 | €5,577 | -€12,994 | -70.0% |
| Operating profit (loss) | 9901 | €13,313 | €2,471 | -€10,842 | -81.4% |
| Financial charges | 65/66B | €112 | €34 | -€78 | -69.6% |
| Recurring financial charges | 65 | €112 | €34 | -€78 | -69.6% |
| Profit (loss) for the period before taxes | 9903 | €13,201 | €2,437 | -€10,764 | -81.5% |
| Income taxes | 67/77 | €2,112 | €610 | -€1,502 | -71.1% |
| Profit (loss) for the period | 9904 | €11,089 | €1,827 | -€9,262 | -83.5% |
| Profit (loss) for the period to be appropriated | 9905 | €11,089 | €1,827 | -€9,262 | -83.5% |
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 19 October 2026 via checked.be.