Kimbeau: 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.
Kimbeau
Largest movements
- Tangible fixed assets -€9,789
down €9,789 (-8.0%), from €122,941 to €113,152
of which Furniture and vehicles: -€7,868
- Cash -€2,655
down €2,655 (-9.3%), from €28,401 to €25,745
mainly Debts after one year (-€15,326) and Other debts (-€8,838)
- Debts after one year -€15,326
down €15,326 (-78.9%), from €19,429 to €4,103
- Profit (loss) carried forward +€10,653
up €10,653 (+2146.1%), from €496 to €11,149
- Tax, wage and social debts +€8,957
up €8,957 (+43.7%), from €20,505 to €29,461
of which Taxes: +€8,060
- Other debts -€8,838
down €8,838 (-34.0%), from €26,018 to €17,180
- Trade debts -€6,639
down €6,639 (-40.3%), from €16,471 to €9,833
- Gross operating margin -€19,727
down €19,727 (-12.2%), from €162,331 to €142,604
- Staff costs -€9,045
down €9,045 (-7.8%), from €115,268 to €106,223
- Taxes -€1,753
down €1,753 (-30.2%), from €5,809 to €4,056
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 | €167,778 | €156,402 | -€11,376 | -6.8% |
| Fixed assets | 21/28 | €122,941 | €113,152 | -€9,789 | -8.0% |
| Tangible fixed assets | 22/27 | €122,941 | €113,152 | -€9,789 | -8.0% |
| Plant, machinery and equipment | 23 | €334 | €0 | -€334 | -100.0% |
| Furniture and vehicles | 24 | €11,431 | €3,563 | -€7,868 | -68.8% |
| Other tangible fixed assets | 26 | €111,176 | €109,589 | -€1,587 | -1.4% |
| Current assets | 29/58 | €44,838 | €43,250 | -€1,587 | -3.5% |
| Stocks and contracts in progress | 3 | €11,587 | €13,145 | +€1,559 | +13.5% |
| Stocks | 30/36 | €11,587 | €13,145 | +€1,559 | +13.5% |
| Amounts receivable within one year | 40/41 | €3,048 | €2,511 | -€537 | -17.6% |
| Trade receivables | 40 | €2,267 | €0 | -€2,267 | -100.0% |
| Other amounts receivable | 41 | €781 | €2,511 | +€1,730 | +221.5% |
| Cash at bank and in hand | 54/58 | €28,401 | €25,745 | -€2,655 | -9.3% |
| Deferred charges and accrued income | 490/1 | €1,803 | €1,849 | +€46 | +2.6% |
| Total equity and liabilities | 10/49 | €167,778 | €156,402 | -€11,376 | -6.8% |
| Equity | 10/15 | €61,766 | €72,418 | +€10,653 | +17.2% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €58,769 | €58,769 | = | 0.0% |
| Distributable reserves | 133 | €58,769 | €58,769 | = | 0.0% |
| Profit (loss) carried forward | 14 | €496 | €11,149 | +€10,653 | +2146.1% |
| Amounts payable | 17/49 | €106,013 | €83,984 | -€22,029 | -20.8% |
| Amounts payable after more than one year | 17 | €19,429 | €4,103 | -€15,326 | -78.9% |
| Financial debts | 170/4 | €19,429 | €4,103 | -€15,326 | -78.9% |
| Amounts payable within one year | 42/48 | €84,915 | €78,118 | -€6,797 | -8.0% |
| Current portion of amounts payable after more than one year | 42 | €19,386 | €15,326 | -€4,060 | -20.9% |
| Financial debts | 43 | €2,535 | €6,318 | +€3,784 | +149.3% |
| Credit institutions | 430/8 | €1,866 | €4,738 | +€2,872 | +154.0% |
| Other loans | 439 | €669 | €1,581 | +€911 | +136.2% |
| Trade debts | 44 | €16,471 | €9,833 | -€6,639 | -40.3% |
| Suppliers | 440/4 | €16,471 | €9,833 | -€6,639 | -40.3% |
| Taxes, remuneration and social security | 45 | €20,505 | €29,461 | +€8,957 | +43.7% |
| Taxes | 450/3 | €6,650 | €14,711 | +€8,060 | +121.2% |
| Remuneration and social security | 454/9 | €13,854 | €14,750 | +€896 | +6.5% |
| Other amounts payable | 47/48 | €26,018 | €17,180 | -€8,838 | -34.0% |
| Accrued charges and deferred income | 492/3 | €1,669 | €1,762 | +€94 | +5.6% |
| Remuneration, social security and pensions | 62 | €115,268 | €106,223 | -€9,045 | -7.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,382 | €18,050 | -€332 | -1.8% |
| Other operating charges | 640/8 | €452 | €518 | +€66 | +14.6% |
| Gross operating margin | 9900 | €162,331 | €142,604 | -€19,727 | -12.2% |
| Operating profit (loss) | 9901 | €28,230 | €17,813 | -€10,417 | -36.9% |
| Financial income | 75/76B | €0 | €9 | +€9 | +3373.1% |
| Recurring financial income | 75 | €0 | €9 | +€9 | +3373.1% |
| Financial charges | 65/66B | €3,227 | €3,113 | -€113 | -3.5% |
| Recurring financial charges | 65 | €3,227 | €3,113 | -€113 | -3.5% |
| Profit (loss) for the period before taxes | 9903 | €25,003 | €14,709 | -€10,294 | -41.2% |
| Income taxes | 67/77 | €5,809 | €4,056 | -€1,753 | -30.2% |
| Profit (loss) for the period | 9904 | €19,194 | €10,653 | -€8,542 | -44.5% |
| Profit (loss) for the period to be appropriated | 9905 | €19,194 | €10,653 | -€8,542 | -44.5% |
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 7 October 2026 via checked.be.