Kima: 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.
Kima
Largest movements
- Tangible fixed assets -€162,505
down €162,505 (-17.6%), from €922,384 to €759,879
of which Furniture and vehicles: -€159,833
- Cash +€151,205
up €151,205 (+132.6%), from €113,991 to €265,197
mainly Depreciation (+€162,505) and Net result for the year (+€122,138)
- Receivables within one year -€28,027
down €28,027 (-16.9%), from €165,735 to €137,709
of which Trade receivables: -€27,920
- Debts after one year -€136,000
down €136,000 (-25.2%), from €540,000 to €404,000
- Profit (loss) carried forward +€122,138
up €122,138 (+92.4%), from €132,240 to €254,378
- Trade debts +€72,163
up €72,163 (+605.9%), from €11,909 to €84,072
- Tax, wage and social debts -€54,881
down €54,881 (-93.3%), from €58,816 to €3,935
- Current portion of long-term debt -€30,000
down €30,000 (-18.1%), from €166,000 to €136,000
- Depreciation +€6,666
up €6,666 (+4.3%), from €155,838 to €162,505
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 | €1,206,738 | €1,176,312 | -€30,426 | -2.5% |
| Fixed assets | 21/28 | €922,384 | €759,879 | -€162,505 | -17.6% |
| Tangible fixed assets | 22/27 | €922,384 | €759,879 | -€162,505 | -17.6% |
| Plant, machinery and equipment | 23 | €8,876 | €6,205 | -€2,671 | -30.1% |
| Furniture and vehicles | 24 | €913,508 | €753,675 | -€159,833 | -17.5% |
| Current assets | 29/58 | €284,354 | €416,433 | +€132,079 | +46.4% |
| Amounts receivable within one year | 40/41 | €165,735 | €137,709 | -€28,027 | -16.9% |
| Trade receivables | 40 | €163,971 | €136,052 | -€27,920 | -17.0% |
| Other amounts receivable | 41 | €1,764 | €1,657 | -€107 | -6.1% |
| Cash at bank and in hand | 54/58 | €113,991 | €265,197 | +€151,205 | +132.6% |
| Deferred charges and accrued income | 490/1 | €4,627 | €13,528 | +€8,900 | +192.3% |
| Total equity and liabilities | 10/49 | €1,206,738 | €1,176,312 | -€30,426 | -2.5% |
| Equity | 10/15 | €407,246 | €529,384 | +€122,138 | +30.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €255,007 | €255,007 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €253,007 | €253,007 | = | 0.0% |
| Profit (loss) carried forward | 14 | €132,240 | €254,378 | +€122,138 | +92.4% |
| Amounts payable | 17/49 | €799,491 | €646,928 | -€152,564 | -19.1% |
| Amounts payable after more than one year | 17 | €540,000 | €404,000 | -€136,000 | -25.2% |
| Financial debts | 170/4 | €540,000 | €404,000 | -€136,000 | -25.2% |
| Amounts payable within one year | 42/48 | €259,491 | €242,928 | -€16,564 | -6.4% |
| Current portion of amounts payable after more than one year | 42 | €166,000 | €136,000 | -€30,000 | -18.1% |
| Financial debts | 43 | - | €1,503 | +€1,503 | |
| Credit institutions | 430/8 | - | €1,503 | +€1,503 | |
| Trade debts | 44 | €11,909 | €84,072 | +€72,163 | +605.9% |
| Suppliers | 440/4 | €11,909 | €84,072 | +€72,163 | +605.9% |
| Taxes, remuneration and social security | 45 | €58,816 | €3,935 | -€54,881 | -93.3% |
| Taxes | 450/3 | €58,816 | €3,935 | -€54,881 | -93.3% |
| Other amounts payable | 47/48 | €22,766 | €17,417 | -€5,349 | -23.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €155,838 | €162,505 | +€6,666 | +4.3% |
| Other operating charges | 640/8 | €3,442 | €1,601 | -€1,842 | -53.5% |
| Gross operating margin | 9900 | €348,075 | €347,738 | -€338 | -0.1% |
| Operating profit (loss) | 9901 | €188,795 | €183,632 | -€5,162 | -2.7% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €14,637 | €17,559 | +€2,922 | +20.0% |
| Recurring financial charges | 65 | €14,637 | €17,559 | +€2,922 | +20.0% |
| Profit (loss) for the period before taxes | 9903 | €174,158 | €166,073 | -€8,084 | -4.6% |
| Income taxes | 67/77 | €41,918 | €43,935 | +€2,017 | +4.8% |
| Profit (loss) for the period | 9904 | €132,240 | €122,138 | -€10,102 | -7.6% |
| Profit (loss) for the period to be appropriated | 9905 | €132,240 | €122,138 | -€10,102 | -7.6% |
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.