KIMAPA: 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.
KIMAPA
Largest movements
- Tangible fixed assets -€125,430
down €125,430 (-98.5%), from €127,296 to €1,867
of which Land and buildings: -€124,400
- Cash +€91,025
up €91,025 (+2900.3%), from €3,138 to €94,164
mainly Investment in fixed assets (net) (+€124,267) and Advances received (+€28,525)
- Receivables within one year +€69,638
up €69,638 (+72.5%), from €96,022 to €165,661
of which Trade receivables: +€68,898
- Stocks and contracts -€23,767
down €23,767 (-68.9%), from €34,511 to €10,744
- Debts after one year -€45,096
no longer reported in 2023 (was €45,096)
- Advances received +€28,525
up €28,525 (+304.6%), from €9,365 to €37,890
- Trade debts +€19,181
up €19,181 (+20.4%), from €93,866 to €113,047
- Current portion of long-term debt -€13,720
no longer reported in 2023 (was €13,720)
- Profit (loss) carried forward +€13,539
up €13,539 (+20.4%), from -€66,316 to -€52,777
- Gross operating margin +€43,177
up €43,177, from -€26,892 to €16,285
- Depreciation -€15,155
down €15,155 (-92.9%), from €16,317 to €1,162
- Other operating charges -€2,335
down €2,335 (-85.7%), from €2,723 to €388
- Financial charges -€2,041
down €2,041 (-63.0%), from €3,241 to €1,200
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €262,816 | €273,643 | +€10,827 | +4.1% |
| Fixed assets | 21/28 | €127,296 | €1,867 | -€125,430 | -98.5% |
| Tangible fixed assets | 22/27 | €127,296 | €1,867 | -€125,430 | -98.5% |
| Land and buildings | 22 | €124,400 | - | -€124,400 | |
| Plant, machinery and equipment | 23 | €2,896 | €1,867 | -€1,030 | -35.5% |
| Current assets | 29/58 | €135,519 | €271,776 | +€136,257 | +100.5% |
| Stocks and contracts in progress | 3 | €34,511 | €10,744 | -€23,767 | -68.9% |
| Stocks | 30/36 | €34,511 | €10,744 | -€23,767 | -68.9% |
| Amounts receivable within one year | 40/41 | €96,022 | €165,661 | +€69,638 | +72.5% |
| Trade receivables | 40 | €90,815 | €159,713 | +€68,898 | +75.9% |
| Other amounts receivable | 41 | €5,207 | €5,947 | +€740 | +14.2% |
| Cash at bank and in hand | 54/58 | €3,138 | €94,164 | +€91,025 | +2900.3% |
| Deferred charges and accrued income | 490/1 | €1,847 | €1,207 | -€640 | -34.7% |
| Total equity and liabilities | 10/49 | €262,816 | €273,643 | +€10,827 | +4.1% |
| Equity | 10/15 | -€58,256 | -€44,717 | +€13,539 | +23.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€66,316 | -€52,777 | +€13,539 | +20.4% |
| Amounts payable | 17/49 | €321,072 | €318,360 | -€2,712 | -0.8% |
| Amounts payable after more than one year | 17 | €45,096 | - | -€45,096 | |
| Financial debts | 170/4 | €45,096 | - | -€45,096 | |
| Amounts payable within one year | 42/48 | €275,976 | €318,317 | +€42,341 | +15.3% |
| Current portion of amounts payable after more than one year | 42 | €13,720 | - | -€13,720 | |
| Financial debts | 43 | €28 | €28 | = | 0.0% |
| Credit institutions | 430/8 | €28 | €28 | = | 0.0% |
| Trade debts | 44 | €93,866 | €113,047 | +€19,181 | +20.4% |
| Suppliers | 440/4 | €93,866 | €113,047 | +€19,181 | +20.4% |
| Advances received on contracts in progress | 46 | €9,365 | €37,890 | +€28,525 | +304.6% |
| Taxes, remuneration and social security | 45 | €23,624 | €23,261 | -€363 | -1.5% |
| Taxes | 450/3 | €23,624 | €23,261 | -€363 | -1.5% |
| Other amounts payable | 47/48 | €135,374 | €144,092 | +€8,718 | +6.4% |
| Accrued charges and deferred income | 492/3 | - | €43 | +€43 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,317 | €1,162 | -€15,155 | -92.9% |
| Other operating charges | 640/8 | €2,723 | €388 | -€2,335 | -85.7% |
| Gross operating margin | 9900 | -€26,892 | €16,285 | +€43,177 | |
| Operating profit (loss) | 9901 | -€45,932 | €14,734 | +€60,666 | |
| Financial income | 75/76B | - | €5 | +€5 | |
| Recurring financial income | 75 | - | €5 | +€5 | |
| Financial charges | 65/66B | €3,241 | €1,200 | -€2,041 | -63.0% |
| Recurring financial charges | 65 | €3,241 | €1,200 | -€2,041 | -63.0% |
| Profit (loss) for the period before taxes | 9903 | -€49,173 | €13,539 | +€62,712 | |
| Profit (loss) for the period | 9904 | -€49,173 | €13,539 | +€62,712 | |
| Profit (loss) for the period to be appropriated | 9905 | -€49,173 | €13,539 | +€62,712 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.