KIMLI: 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.
KIMLI
Largest movements
- Tangible fixed assets -€161,282
down €161,282 (-22.2%), from €725,359 to €564,077
of which Furniture and vehicles: -€197,390
- Cash +€149,731
up €149,731 (+244.3%), from €61,283 to €211,015
mainly Investment in fixed assets (net) (+€132,809) and Trade debts (+€126,989)
- Receivables within one year +€86,377
up €86,377 (+240.7%), from €35,885 to €122,263
of which Trade receivables: +€74,509
- Stocks and contracts +€65,033
up €65,033 (+4158.5%), from €1,564 to €66,596
- Trade debts +€126,989
up €126,989 (+253.2%), from €50,162 to €177,151
- Reserves +€64,301
up €64,301 (+126.9%), from €50,660 to €114,961
- Other debts -€53,113
down €53,113 (-22.9%), from €231,654 to €178,541
- Debts after one year -€32,342
down €32,342 (-16.7%), from €194,164 to €161,822
- Tax, wage and social debts +€22,998
up €22,998, from €0 to €22,998
- Gross operating margin +€115,029
up €115,029 (+146.0%), from €78,808 to €193,838
- Other operating charges +€33,336
up €33,336 (+116.3%), from €28,660 to €61,996
- Taxes +€8,914
up €8,914 (+1631.8%), from €546 to €9,460
- Depreciation +€3,509
up €3,509 (+14.1%), from €24,965 to €28,473
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 | €850,361 | €994,361 | +€144,000 | +16.9% |
| Fixed assets | 21/28 | €725,409 | €564,127 | -€161,282 | -22.2% |
| Tangible fixed assets | 22/27 | €725,359 | €564,077 | -€161,282 | -22.2% |
| Plant, machinery and equipment | 23 | €3,304 | €5,561 | +€2,257 | +68.3% |
| Furniture and vehicles | 24 | €633,130 | €435,739 | -€197,390 | -31.2% |
| Leasing and similar rights | 25 | €88,925 | €122,776 | +€33,851 | +38.1% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €124,953 | €430,235 | +€305,282 | +244.3% |
| Stocks and contracts in progress | 3 | €1,564 | €66,596 | +€65,033 | +4158.5% |
| Stocks | 30/36 | €1,564 | €66,596 | +€65,033 | +4158.5% |
| Amounts receivable within one year | 40/41 | €35,885 | €122,263 | +€86,377 | +240.7% |
| Trade receivables | 40 | €17,356 | €91,865 | +€74,509 | +429.3% |
| Other amounts receivable | 41 | €18,529 | €30,398 | +€11,868 | +64.1% |
| Cash at bank and in hand | 54/58 | €61,283 | €211,015 | +€149,731 | +244.3% |
| Deferred charges and accrued income | 490/1 | €26,220 | €30,361 | +€4,141 | +15.8% |
| Total equity and liabilities | 10/49 | €850,361 | €994,361 | +€144,000 | +16.9% |
| Equity | 10/15 | €70,660 | €134,961 | +€64,301 | +91.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €50,660 | €114,961 | +€64,301 | +126.9% |
| Distributable reserves | 133 | €50,660 | €114,961 | +€64,301 | +126.9% |
| Amounts payable | 17/49 | €779,701 | €859,401 | +€79,700 | +10.2% |
| Amounts payable after more than one year | 17 | €194,164 | €161,822 | -€32,342 | -16.7% |
| Financial debts | 170/4 | €194,164 | €161,822 | -€32,342 | -16.7% |
| Amounts payable within one year | 42/48 | €585,537 | €697,578 | +€112,041 | +19.1% |
| Current portion of amounts payable after more than one year | 42 | €73,721 | €88,889 | +€15,168 | +20.6% |
| Financial debts | 43 | €230,000 | €230,000 | = | 0.0% |
| Other loans | 439 | €230,000 | €230,000 | = | 0.0% |
| Trade debts | 44 | €50,162 | €177,151 | +€126,989 | +253.2% |
| Suppliers | 440/4 | €50,162 | €177,151 | +€126,989 | +253.2% |
| Taxes, remuneration and social security | 45 | €0 | €22,998 | +€22,998 | |
| Taxes | 450/3 | €0 | €22,998 | +€22,998 | |
| Other amounts payable | 47/48 | €231,654 | €178,541 | -€53,113 | -22.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,965 | €28,473 | +€3,509 | +14.1% |
| Other operating charges | 640/8 | €28,660 | €61,996 | +€33,336 | +116.3% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €78,808 | €193,838 | +€115,029 | +146.0% |
| Operating profit (loss) | 9901 | €25,184 | €103,368 | +€78,185 | +310.5% |
| Financial income | 75/76B | €0 | €360 | +€360 | |
| Recurring financial income | 75 | €0 | €360 | +€360 | |
| Financial charges | 65/66B | €29,894 | €29,968 | +€73 | +0.2% |
| Recurring financial charges | 65 | €29,894 | €29,968 | +€73 | +0.2% |
| Profit (loss) for the period before taxes | 9903 | -€4,711 | €73,761 | +€78,471 | |
| Income taxes | 67/77 | €546 | €9,460 | +€8,914 | +1631.8% |
| Profit (loss) for the period | 9904 | -€5,257 | €64,301 | +€69,557 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,257 | €64,301 | +€69,557 |
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 9 October 2026 via checked.be.