KIMBEL: 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.
KIMBEL
Largest movements
- Tangible fixed assets -€25,787
down €25,787 (-5.7%), from €448,761 to €422,974
of which Land and buildings: -€21,894
- Cash +€20,218
up €20,218 (+69.0%), from €29,286 to €49,504
mainly Depreciation (+€25,787) and Trade debts (+€8,199)
- Debts after one year -€10,000
down €10,000 (-27.0%), from €37,000 to €27,000
- Trade debts +€8,199
up €8,199 (+1444.5%), from €568 to €8,767
- Tax, wage and social debts +€6,339
up €6,339 (+306.2%), from €2,070 to €8,409
- Provisions -€4,896
down €4,896 (-5.7%), from €85,903 to €81,007
- Taxes +€4,962
up €4,962 (+321.9%), from €1,541 to €6,504
- Gross operating margin +€3,634
up €3,634 (+11.7%), from €30,927 to €34,560
- Financial charges -€501
down €501 (-25.5%), from €1,966 to €1,465
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 | €486,363 | €481,299 | -€5,064 | -1.0% |
| Fixed assets | 21/28 | €448,885 | €423,098 | -€25,787 | -5.7% |
| Tangible fixed assets | 22/27 | €448,761 | €422,974 | -€25,787 | -5.7% |
| Land and buildings | 22 | €427,119 | €405,225 | -€21,894 | -5.1% |
| Plant, machinery and equipment | 23 | €21,642 | €17,749 | -€3,894 | -18.0% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Financial fixed assets | 28 | €124 | €124 | = | 0.0% |
| Current assets | 29/58 | €37,478 | €58,201 | +€20,723 | +55.3% |
| Amounts receivable within one year | 40/41 | €1,175 | €2,163 | +€988 | +84.2% |
| Trade receivables | 40 | €1,175 | €2,163 | +€988 | +84.2% |
| Cash at bank and in hand | 54/58 | €29,286 | €49,504 | +€20,218 | +69.0% |
| Deferred charges and accrued income | 490/1 | €7,017 | €6,534 | -€483 | -6.9% |
| Total equity and liabilities | 10/49 | €486,363 | €481,299 | -€5,064 | -1.0% |
| Equity | 10/15 | €326,439 | €325,898 | -€541 | -0.2% |
| Contributions | 10/11 | €74,368 | €74,368 | = | 0.0% |
| Capital | 10 | €74,368 | €74,368 | = | 0.0% |
| Issued capital | 100 | €74,368 | €74,368 | = | 0.0% |
| Reserves | 13 | €240,208 | €239,667 | -€541 | -0.2% |
| Non-distributable reserves | 130/1 | €7,437 | €7,437 | = | 0.0% |
| Legal reserve | 130 | €7,437 | €7,437 | = | 0.0% |
| Tax-exempt reserves | 132 | €196,249 | €184,902 | -€11,347 | -5.8% |
| Distributable reserves | 133 | €36,522 | €47,328 | +€10,806 | +29.6% |
| Profit (loss) carried forward | 14 | €11,863 | €11,863 | = | 0.0% |
| Provisions and deferred taxes | 16 | €85,903 | €81,007 | -€4,896 | -5.7% |
| Deferred taxes | 168 | €85,903 | €81,007 | -€4,896 | -5.7% |
| Amounts payable | 17/49 | €74,020 | €74,394 | +€374 | +0.5% |
| Amounts payable after more than one year | 17 | €37,000 | €27,000 | -€10,000 | -27.0% |
| Financial debts | 170/4 | €37,000 | €27,000 | -€10,000 | -27.0% |
| Amounts payable within one year | 42/48 | €37,020 | €47,394 | +€10,374 | +28.0% |
| Trade debts | 44 | €568 | €8,767 | +€8,199 | +1444.5% |
| Suppliers | 440/4 | €568 | €8,767 | +€8,199 | +1444.5% |
| Taxes, remuneration and social security | 45 | €2,070 | €8,409 | +€6,339 | +306.2% |
| Taxes | 450/3 | €2,070 | €8,409 | +€6,339 | +306.2% |
| Other amounts payable | 47/48 | €34,383 | €30,218 | -€4,164 | -12.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,684 | €25,787 | +€103 | +0.4% |
| Other operating charges | 640/8 | €4,846 | €4,817 | -€29 | -0.6% |
| Gross operating margin | 9900 | €30,927 | €34,560 | +€3,634 | +11.7% |
| Operating profit (loss) | 9901 | €396 | €3,956 | +€3,560 | +898.3% |
| Financial income | 75/76B | €89 | €50 | -€39 | -43.7% |
| Recurring financial income | 75 | €89 | €50 | -€39 | -43.7% |
| Financial charges | 65/66B | €1,966 | €1,465 | -€501 | -25.5% |
| Recurring financial charges | 65 | €1,966 | €1,465 | -€501 | -25.5% |
| Profit (loss) for the period before taxes | 9903 | -€1,480 | €2,541 | +€4,022 | |
| Transfer from deferred taxes | 780 | €4,896 | €4,896 | = | 0.0% |
| Income taxes | 67/77 | €1,541 | €6,504 | +€4,962 | +321.9% |
| Profit (loss) for the period | 9904 | €1,874 | €934 | -€941 | -50.2% |
| Transfer from tax-exempt reserves | 789 | €11,347 | €11,347 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €13,222 | €12,281 | -€941 | -7.1% |
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 9 October 2026 via checked.be.