KIMMOK: 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.
KIMMOK
Largest movements
- Current investments +€1.0m
up €1.0m (+59.4%), from €1.7m to €2.7m
- Tangible fixed assets -€105,867
down €105,867 (-5.8%), from €1.8m to €1.7m
of which Land and buildings: -€129,410
- Receivables within one year +€62,164
up €62,164 (+66.9%), from €92,876 to €155,040
of which Trade receivables: +€46,388
- Other debts +€525,000
up €525,000 (+91.6%), from €573,007 to €1.1m
- Reserves +€360,156
up €360,156 (+24.1%), from €1.5m to €1.9m
of which Distributable reserves: +€360,156
- Taxes -€58,260
down €58,260 (-19.6%), from €296,896 to €238,636
- Financial charges +€35,237
up €35,237 (+166.5%), from €21,164 to €56,402
- Financial income +€23,414
up €23,414 (+47.8%), from €48,976 to €72,389
- Gross operating margin -€22,563
down €22,563 (-1.7%), from €1.4m to €1.3m
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 | €3,741,937 | €4,726,434 | +€984,497 | +26.3% |
| Fixed assets | 21/28 | €1,836,436 | €1,730,569 | -€105,867 | -5.8% |
| Tangible fixed assets | 22/27 | €1,836,436 | €1,730,569 | -€105,867 | -5.8% |
| Land and buildings | 22 | €1,836,436 | €1,707,026 | -€129,410 | -7.0% |
| Plant, machinery and equipment | 23 | - | €23,544 | +€23,544 | |
| Current assets | 29/58 | €1,905,501 | €2,995,864 | +€1.1m | +57.2% |
| Amounts receivable within one year | 40/41 | €92,876 | €155,040 | +€62,164 | +66.9% |
| Trade receivables | 40 | €56,712 | €103,101 | +€46,388 | +81.8% |
| Other amounts receivable | 41 | €36,163 | €51,940 | +€15,776 | +43.6% |
| Current investments | 50/53 | €1,683,277 | €2,683,917 | +€1.0m | +59.4% |
| Cash at bank and in hand | 54/58 | €114,727 | €141,983 | +€27,256 | +23.8% |
| Deferred charges and accrued income | 490/1 | €14,620 | €14,924 | +€304 | +2.1% |
| Total equity and liabilities | 10/49 | €3,741,937 | €4,726,434 | +€984,497 | +26.3% |
| Equity | 10/15 | €3,095,867 | €3,456,023 | +€360,156 | +11.6% |
| Contributions | 10/11 | €1,602,491 | €1,602,491 | = | 0.0% |
| Reserves | 13 | €1,493,376 | €1,853,532 | +€360,156 | +24.1% |
| Non-distributable reserves | 130/1 | €160,249 | €160,249 | = | 0.0% |
| Reserves not available under the articles | 1311 | €160,249 | €160,249 | = | 0.0% |
| Distributable reserves | 133 | €1,333,127 | €1,693,283 | +€360,156 | +27.0% |
| Amounts payable | 17/49 | €646,070 | €1,270,411 | +€624,341 | +96.6% |
| Amounts payable within one year | 42/48 | €625,630 | €1,212,370 | +€586,739 | +93.8% |
| Current portion of amounts payable after more than one year | 42 | - | €24,000 | +€24,000 | |
| Trade debts | 44 | €3,673 | €3,621 | -€52 | -1.4% |
| Suppliers | 440/4 | €3,673 | €3,621 | -€52 | -1.4% |
| Advances received on contracts in progress | 46 | €864 | - | -€864 | |
| Taxes, remuneration and social security | 45 | €48,086 | €86,742 | +€38,656 | +80.4% |
| Taxes | 450/3 | €48,086 | €86,742 | +€38,656 | +80.4% |
| Other amounts payable | 47/48 | €573,007 | €1,098,007 | +€525,000 | +91.6% |
| Accrued charges and deferred income | 492/3 | €20,440 | €58,042 | +€37,601 | +184.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €132,209 | €134,040 | +€1,831 | +1.4% |
| Other operating charges | 640/8 | €108,367 | €117,543 | +€9,176 | +8.5% |
| Gross operating margin | 9900 | €1,356,950 | €1,334,387 | -€22,563 | -1.7% |
| Operating profit (loss) | 9901 | €1,116,374 | €1,082,804 | -€33,570 | -3.0% |
| Financial income | 75/76B | €48,976 | €72,389 | +€23,414 | +47.8% |
| Recurring financial income | 75 | €48,976 | €72,389 | +€23,414 | +47.8% |
| Financial charges | 65/66B | €21,164 | €56,402 | +€35,237 | +166.5% |
| Recurring financial charges | 65 | €21,164 | €56,402 | +€35,237 | +166.5% |
| Profit (loss) for the period before taxes | 9903 | €1,144,186 | €1,098,792 | -€45,393 | -4.0% |
| Income taxes | 67/77 | €296,896 | €238,636 | -€58,260 | -19.6% |
| Profit (loss) for the period | 9904 | €847,290 | €860,156 | +€12,866 | +1.5% |
| Profit (loss) for the period to be appropriated | 9905 | €847,290 | €860,156 | +€12,866 | +1.5% |
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 6 October 2026 via checked.be.