KIMAC: 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.
KIMAC
Largest movements
- Receivables within one year +€30,635
up €30,635 (+101.9%), from €30,074 to €60,709
of which Trade receivables: +€30,635
- Trade debts +€26,717
up €26,717 (+14.9%), from €179,296 to €206,014
- Profit (loss) carried forward +€5,033
up €5,033 (+0.8%), from -€613,965 to -€608,932
- Gross operating margin -€9,455
down €9,455 (-11.8%), from €80,093 to €70,638
- Financial charges -€3,407
down €3,407 (-17.3%), from €19,655 to €16,248
of which Financial charges: -€2,574
- Staff costs -€1,443
down €1,443 (-2.8%), from €50,672 to €49,229
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 | €120,033 | €151,303 | +€31,269 | +26.1% |
| Fixed assets | 21/28 | €0 | - | = | |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €120,033 | €151,303 | +€31,269 | +26.1% |
| Stocks and contracts in progress | 3 | €89,329 | €89,329 | = | 0.0% |
| Stocks | 30/36 | €89,329 | €89,329 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €30,074 | €60,709 | +€30,635 | +101.9% |
| Trade receivables | 40 | €29,539 | €60,174 | +€30,635 | +103.7% |
| Other amounts receivable | 41 | €535 | €535 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €631 | €1,265 | +€634 | +100.5% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €120,033 | €151,303 | +€31,269 | +26.1% |
| Equity | 10/15 | -€363,229 | -€358,196 | +€5,033 | +1.4% |
| Contributions | 10/11 | €247,894 | €247,894 | = | 0.0% |
| Capital | 10 | €247,894 | €247,894 | = | 0.0% |
| Issued capital | 100 | €247,894 | €247,894 | = | 0.0% |
| Reserves | 13 | €2,842 | €2,842 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,842 | €2,842 | = | 0.0% |
| Legal reserve | 130 | €2,842 | €2,842 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€613,965 | -€608,932 | +€5,033 | +0.8% |
| Amounts payable | 17/49 | €483,263 | €509,499 | +€26,236 | +5.4% |
| Amounts payable within one year | 42/48 | €483,263 | €509,499 | +€26,236 | +5.4% |
| Trade debts | 44 | €179,296 | €206,014 | +€26,717 | +14.9% |
| Suppliers | 440/4 | €179,296 | €206,014 | +€26,717 | +14.9% |
| Advances received on contracts in progress | 46 | €9,268 | €9,268 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €6,345 | €5,864 | -€481 | -7.6% |
| Taxes | 450/3 | €1,867 | €396 | -€1,471 | -78.8% |
| Remuneration and social security | 454/9 | €4,478 | €5,467 | +€989 | +22.1% |
| Other amounts payable | 47/48 | €288,354 | €288,354 | = | 0.0% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €50,672 | €49,229 | -€1,443 | -2.8% |
| Other operating charges | 640/8 | €115 | €139 | +€24 | +20.9% |
| Gross operating margin | 9900 | €80,093 | €70,638 | -€9,455 | -11.8% |
| Operating profit (loss) | 9901 | €29,306 | €21,270 | -€8,036 | -27.4% |
| Financial income | 75/76B | - | €12 | +€12 | |
| Recurring financial income | 75 | - | €12 | +€12 | |
| Financial charges | 65/66B | €19,655 | €16,248 | -€3,407 | -17.3% |
| Recurring financial charges | 65 | €18,822 | €16,248 | -€2,574 | -13.7% |
| Non-recurring financial charges | 66B | €833 | €0 | -€833 | -100.0% |
| Profit (loss) for the period before taxes | 9903 | €9,650 | €5,033 | -€4,617 | -47.8% |
| Profit (loss) for the period | 9904 | €9,650 | €5,033 | -€4,617 | -47.8% |
| Profit (loss) for the period to be appropriated | 9905 | €9,650 | €5,033 | -€4,617 | -47.8% |
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 12 October 2026 via checked.be.