KIMBERLY - CLARK: 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.
What changed
KIMBERLY - CLARK
NACE 17.220, Manufacture of paper and paper products
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€2.8m
2024 · -€34.5m+€37.3m
Equity
€70.8m
2024 · €68.0m+€2.8m
Cash
-
not filed
Balance sheet total
€84.4m
2024 · €80.9m+€3.5m
Largest movements
Assets
- Current investments +€4.2m
up €4.2m (+182%), from €2.3m to €6.6m
- Receivables within one year -€2.6m
down €2.6m (-21.9%), from €11.9m to €9.3m
of which Trade receivables: -€2.4m
- Financial fixed assets +€1.8m
up €1.8m (+2.7%), from €66.6m to €68.4m
Equity and liabilities
- Profit (loss) carried forward +€2.8m
up €2.8m (+2.8%), from -€98.9m to -€96.1m
- Trade debts +€2.3m
up €2.3m (+37.2%), from €6.3m to €8.6m
Income statement
- Financial charges -€35.4m
down €35.4m (-99.7%), from €35.5m to €99,228
of which Non-recurring financial charges: -€35.4m
- Turnover -€4.2m
down €4.2m (-10.1%), from €42.2m to €37.9m
- Goods and materials -€4.1m
down €4.1m (-11.5%), from €35.4m to €31.3m
- Other operating income -€1.1m
no longer reported in 2025 (was €1.1m)
- Provisions -€814,708
down €814,708, from €407,354 to -€407,354
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.
Result 2024
-€34.5m
Turnover
-€4.2m
Other operating income
-€1.1m
Goods and materials
+€4.1m
Services and other goods
+€27,902
Staff costs
+€328,418
Depreciation
+€11,410
Provisions
+€814,708
Financial income
+€103,068
Financial charges
+€35.4m
Other financial items
+€1.8m
Taxes
-€2,140
Result 2025
€2.8m
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €80,851,587 | €84,365,274 | +€3.5m | +4.3% |
| Fixed assets | 21/28 | €66,626,306 | €68,445,967 | +€1.8m | +2.7% |
| Tangible fixed assets | 22/27 | €28,306 | €34,306 | +€6,000 | +21.2% |
| Plant, machinery and equipment | 23 | €28,306 | €34,306 | +€6,000 | +21.2% |
| Financial fixed assets | 28 | €66,598,000 | €68,411,661 | +€1.8m | +2.7% |
| Companies linked by participating interests | 282/3 | €66,598,000 | €68,411,661 | +€1.8m | +2.7% |
| Participating interests | 282 | €66,598,000 | €68,411,661 | +€1.8m | +2.7% |
| Current assets | 29/58 | €14,225,281 | €15,919,307 | +€1.7m | +11.9% |
| Amounts receivable within one year | 40/41 | €11,889,897 | €9,286,397 | -€2.6m | -21.9% |
| Trade receivables | 40 | €11,444,279 | €9,049,975 | -€2.4m | -20.9% |
| Other amounts receivable | 41 | €445,618 | €236,422 | -€209,196 | -46.9% |
| Current investments | 50/53 | €2,325,479 | €6,555,419 | +€4.2m | +182% |
| Other investments | 51/53 | €2,325,479 | €6,555,419 | +€4.2m | +182% |
| Deferred charges and accrued income | 490/1 | €9,905 | €77,491 | +€67,586 | +682% |
| Total equity and liabilities | 10/49 | €80,851,587 | €84,365,274 | +€3.5m | +4.3% |
| Equity | 10/15 | €67,981,854 | €70,762,755 | +€2.8m | +4.1% |
| Contributions | 10/11 | €164,801,854 | €164,801,854 | = | 0.0% |
| Reserves | 13 | €2,044,197 | €2,044,197 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,044,197 | €2,044,197 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,044,197 | €2,044,197 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€98,864,197 | -€96,083,296 | +€2.8m | +2.8% |
| Provisions and deferred taxes | 16 | €407,353 | - | -€407,353 | |
| Provisions for liabilities and charges | 160/5 | €407,353 | - | -€407,353 | |
| Other liabilities and charges | 164/5 | €407,353 | - | -€407,353 | |
| Amounts payable | 17/49 | €12,462,380 | €13,602,519 | +€1.1m | +9.1% |
| Amounts payable within one year | 42/48 | €7,836,432 | €9,485,304 | +€1.6m | +21.0% |
| Trade debts | 44 | €6,265,215 | €8,597,178 | +€2.3m | +37.2% |
| Suppliers | 440/4 | €6,265,215 | €8,597,178 | +€2.3m | +37.2% |
| Taxes, remuneration and social security | 45 | €1,571,217 | €888,126 | -€683,091 | -43.5% |
| Taxes | 450/3 | €564,615 | €246,425 | -€318,190 | -56.4% |
| Remuneration and social security | 454/9 | €1,006,602 | €641,701 | -€364,901 | -36.3% |
| Accrued charges and deferred income | 492/3 | €4,625,948 | €4,117,215 | -€508,733 | -11.0% |
| Operating income | 70/76A | €43,249,348 | €37,933,547 | -€5.3m | -12.3% |
| Turnover | 70 | €42,178,181 | €37,933,547 | -€4.2m | -10.1% |
| Other operating income | 74 | €1,071,167 | - | -€1.1m | |
| Operating charges | 60/66A | €41,953,802 | €36,719,098 | -€5.2m | -12.5% |
| Goods for resale, raw materials and consumables | 60 | €35,377,467 | €31,325,201 | -€4.1m | -11.5% |
| Services and other goods | 61 | €2,601,363 | €2,573,461 | -€27,902 | -1.1% |
| Remuneration, social security and pensions | 62 | €3,554,734 | €3,226,316 | -€328,418 | -9.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,884 | €1,474 | -€11,410 | -88.6% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €407,354 | -€407,354 | -€814,708 | |
| Operating profit (loss) | 9901 | €1,295,546 | €1,214,449 | -€81,097 | -6.3% |
| Recurring financial income | 75 | €114,347 | €217,415 | +€103,068 | +90.1% |
| Income from current assets | 751 | €101,295 | €190,510 | +€89,215 | +88.1% |
| Other financial income | 752/9 | €13,052 | €26,905 | +€13,853 | +106% |
| Non-recurring financial income | 76B | - | €1,813,661 | +€1.8m | |
| Financial charges | 65/66B | €35,526,716 | €99,228 | -€35.4m | -99.7% |
| Recurring financial charges | 65 | €101,882 | €99,228 | -€2,654 | -2.6% |
| Debt charges | 650 | €27 | - | -€27 | |
| Other financial charges | 652/9 | €101,855 | €99,228 | -€2,627 | -2.6% |
| Non-recurring financial charges | 66B | €35,424,834 | - | -€35.4m | |
| Profit (loss) for the period before taxes | 9903 | -€34,116,823 | €3,146,297 | +€37.3m | |
| Income taxes | 67/77 | €363,256 | €365,396 | +€2,140 | +0.6% |
| Taxes | 670/3 | €363,256 | €365,396 | +€2,140 | +0.6% |
| Profit (loss) for the period | 9904 | -€34,480,079 | €2,780,901 | +€37.3m | |
| Profit (loss) for the period to be appropriated | 9905 | -€34,480,079 | €2,780,901 | +€37.3m |
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 17 October 2026 via checked.be.