Kimmo: 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.
Kimmo
Largest movements
- Stocks and contracts +€413,764
up €413,764 (+10344.1%), from €4,000 to €417,764
- Tangible fixed assets -€34,854
down €34,854 (-3.3%), from €1.1m to €1.0m
of which Land and buildings: -€41,679
- Cash -€31,792
down €31,792 (-100.0%), from €31,792 to €0
mainly Stocks and contracts (-€413,764) and Debts after one year (-€35,680)
- Receivables within one year +€18,775
up €18,775 (+738.6%), from €2,542 to €21,318
of which Other amounts receivable: +€11,304
- Short-term financial debts +€352,673
up €352,673 (+255763.7%), from €138 to €352,810
- Other debts +€36,549
up €36,549 (+12.4%), from €293,856 to €330,405
- Debts after one year -€35,680
down €35,680 (-5.2%), from €679,739 to €644,059
- Reserves +€20,029
up €20,029 (+38.3%), from €52,347 to €72,375
- Tax, wage and social debts -€16,196
down €16,196 (-66.1%), from €24,493 to €8,298
- Gross operating margin +€27,249
up €27,249 (+33.4%), from €81,501 to €108,750
- Financial charges +€7,992
up €7,992 (+30.9%), from €25,829 to €33,821
- Taxes +€4,864
up €4,864 (+64.9%), from €7,492 to €12,356
- Other operating charges +€1,788
up €1,788 (+27.6%), from €6,488 to €8,276
- Depreciation +€1,227
up €1,227 (+3.7%), from €33,472 to €34,699
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 | €1,100,169 | €1,467,547 | +€367,378 | +33.4% |
| Fixed assets | 21/28 | €1,060,625 | €1,025,771 | -€34,854 | -3.3% |
| Tangible fixed assets | 22/27 | €1,060,625 | €1,025,771 | -€34,854 | -3.3% |
| Land and buildings | 22 | €1,049,159 | €1,007,480 | -€41,679 | -4.0% |
| Plant, machinery and equipment | 23 | €1,812 | €1,106 | -€706 | -39.0% |
| Furniture and vehicles | 24 | €2,107 | €9,638 | +€7,531 | +357.5% |
| Other tangible fixed assets | 26 | €7,547 | €7,547 | = | 0.0% |
| Current assets | 29/58 | €39,544 | €441,776 | +€402,232 | +1017.2% |
| Stocks and contracts in progress | 3 | €4,000 | €417,764 | +€413,764 | +10344.1% |
| Stocks | 30/36 | €4,000 | €417,764 | +€413,764 | +10344.1% |
| Amounts receivable within one year | 40/41 | €2,542 | €21,318 | +€18,775 | +738.6% |
| Trade receivables | 40 | €0 | €7,471 | +€7,471 | |
| Other amounts receivable | 41 | €2,542 | €13,846 | +€11,304 | +444.7% |
| Cash at bank and in hand | 54/58 | €31,792 | €0 | -€31,792 | -100.0% |
| Deferred charges and accrued income | 490/1 | €1,210 | €2,694 | +€1,484 | +122.7% |
| Total equity and liabilities | 10/49 | €1,100,169 | €1,467,547 | +€367,378 | +33.4% |
| Equity | 10/15 | €58,547 | €78,575 | +€20,029 | +34.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €52,347 | €72,375 | +€20,029 | +38.3% |
| Distributable reserves | 133 | €52,347 | €72,375 | +€20,029 | +38.3% |
| Amounts payable | 17/49 | €1,041,622 | €1,388,971 | +€347,349 | +33.3% |
| Amounts payable after more than one year | 17 | €679,739 | €644,059 | -€35,680 | -5.2% |
| Financial debts | 170/4 | €679,739 | €644,059 | -€35,680 | -5.2% |
| Amounts payable within one year | 42/48 | €361,883 | €741,030 | +€379,146 | +104.8% |
| Current portion of amounts payable after more than one year | 42 | €34,634 | €37,033 | +€2,399 | +6.9% |
| Financial debts | 43 | €138 | €352,810 | +€352,673 | +255763.7% |
| Credit institutions | 430/8 | €138 | €352,810 | +€352,673 | +255763.7% |
| Trade debts | 44 | €8,762 | €12,484 | +€3,722 | +42.5% |
| Suppliers | 440/4 | €8,762 | €12,484 | +€3,722 | +42.5% |
| Taxes, remuneration and social security | 45 | €24,493 | €8,298 | -€16,196 | -66.1% |
| Taxes | 450/3 | €24,493 | €8,298 | -€16,196 | -66.1% |
| Other amounts payable | 47/48 | €293,856 | €330,405 | +€36,549 | +12.4% |
| Accrued charges and deferred income | 492/3 | - | €3,883 | +€3,883 | |
| Non-recurring operating income | 76A | €7,380 | €10,464 | +€3,084 | +41.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,472 | €34,699 | +€1,227 | +3.7% |
| Other operating charges | 640/8 | €6,488 | €8,276 | +€1,788 | +27.6% |
| Gross operating margin | 9900 | €81,501 | €108,750 | +€27,249 | +33.4% |
| Operating profit (loss) | 9901 | €41,541 | €65,775 | +€24,234 | +58.3% |
| Financial income | 75/76B | €2 | €431 | +€429 | +28255.9% |
| Recurring financial income | 75 | €2 | €431 | +€429 | +28255.9% |
| Financial charges | 65/66B | €25,829 | €33,821 | +€7,992 | +30.9% |
| Recurring financial charges | 65 | €25,829 | €33,821 | +€7,992 | +30.9% |
| Profit (loss) for the period before taxes | 9903 | €15,713 | €32,385 | +€16,671 | +106.1% |
| Income taxes | 67/77 | €7,492 | €12,356 | +€4,864 | +64.9% |
| Profit (loss) for the period | 9904 | €8,222 | €20,029 | +€11,807 | +143.6% |
| Profit (loss) for the period to be appropriated | 9905 | €8,222 | €20,029 | +€11,807 | +143.6% |
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.