KIMOCO: 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.
KIMOCO
Largest movements
- Cash -€22,408
down €22,408 (-20.5%), from €109,267 to €86,859
mainly Contributions, distributions and other (-€45,357) and Investment in fixed assets (net) (-€30,358)
- Receivables within one year -€8,523
down €8,523 (-26.8%), from €31,786 to €23,262
of which Other amounts receivable: -€9,861
- Tangible fixed assets +€3,289
up €3,289 (+3.6%), from €91,347 to €94,636
of which Furniture and vehicles: +€6,028
- Other debts +€28,388
up €28,388 (+152%), from €18,673 to €47,062
- Trade debts -€26,954
down €26,954 (-37.7%), from €71,442 to €44,487
- Debts after one year -€18,631
down €18,631 (-72.0%), from €25,888 to €7,257
- Reserves -€13,667
down €13,667 (-27.7%), from €49,369 to €35,702
- Current portion of long-term debt +€2,676
up €2,676 (+14.2%), from €18,804 to €21,480
- Gross operating margin +€27,430
up €27,430 (+11.4%), from €240,336 to €267,766
- Depreciation +€5,670
up €5,670 (+26.5%), from €21,398 to €27,068
- Staff costs -€3,173
down €3,173 (-1.5%), from €207,350 to €204,177
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.
Derived cash bridge
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 | €248,287 | €220,876 | -€27,412 | -11.0% |
| Fixed assets | 21/28 | €91,347 | €94,636 | +€3,289 | +3.6% |
| Tangible fixed assets | 22/27 | €91,347 | €94,636 | +€3,289 | +3.6% |
| Plant, machinery and equipment | 23 | €41,553 | €37,489 | -€4,065 | -9.8% |
| Furniture and vehicles | 24 | €3,871 | €9,899 | +€6,028 | +156% |
| Other tangible fixed assets | 26 | €45,923 | €47,248 | +€1,326 | +2.9% |
| Current assets | 29/58 | €156,941 | €126,240 | -€30,701 | -19.6% |
| Stocks and contracts in progress | 3 | €11,380 | €11,991 | +€610 | +5.4% |
| Stocks | 30/36 | €11,380 | €11,991 | +€610 | +5.4% |
| Amounts receivable within one year | 40/41 | €31,786 | €23,262 | -€8,523 | -26.8% |
| Trade receivables | 40 | €5,761 | €7,099 | +€1,338 | +23.2% |
| Other amounts receivable | 41 | €26,025 | €16,163 | -€9,861 | -37.9% |
| Cash at bank and in hand | 54/58 | €109,267 | €86,859 | -€22,408 | -20.5% |
| Deferred charges and accrued income | 490/1 | €4,507 | €4,128 | -€380 | -8.4% |
| Total equity and liabilities | 10/49 | €248,287 | €220,876 | -€27,412 | -11.0% |
| Equity | 10/15 | €80,193 | €66,527 | -€13,667 | -17.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €49,369 | €35,702 | -€13,667 | -27.7% |
| Distributable reserves | 133 | €49,369 | €35,702 | -€13,667 | -27.7% |
| Profit (loss) carried forward | 14 | €24,624 | €24,624 | = | 0.0% |
| Amounts payable | 17/49 | €168,094 | €154,349 | -€13,745 | -8.2% |
| Amounts payable after more than one year | 17 | €25,888 | €7,257 | -€18,631 | -72.0% |
| Financial debts | 170/4 | €25,888 | €7,257 | -€18,631 | -72.0% |
| Amounts payable within one year | 42/48 | €142,165 | €147,092 | +€4,927 | +3.5% |
| Current portion of amounts payable after more than one year | 42 | €18,804 | €21,480 | +€2,676 | +14.2% |
| Trade debts | 44 | €71,442 | €44,487 | -€26,954 | -37.7% |
| Suppliers | 440/4 | €71,442 | €44,487 | -€26,954 | -37.7% |
| Taxes, remuneration and social security | 45 | €33,246 | €34,062 | +€816 | +2.5% |
| Taxes | 450/3 | €11,105 | €12,209 | +€1,104 | +9.9% |
| Remuneration and social security | 454/9 | €22,141 | €21,854 | -€288 | -1.3% |
| Other amounts payable | 47/48 | €18,673 | €47,062 | +€28,388 | +152% |
| Accrued charges and deferred income | 492/3 | €41 | - | -€41 | |
| Remuneration, social security and pensions | 62 | €207,350 | €204,177 | -€3,173 | -1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,398 | €27,068 | +€5,670 | +26.5% |
| Other operating charges | 640/8 | €857 | €1,224 | +€367 | +42.8% |
| Gross operating margin | 9900 | €240,336 | €267,766 | +€27,430 | +11.4% |
| Operating profit (loss) | 9901 | €10,731 | €35,297 | +€24,566 | +229% |
| Financial income | 75/76B | €100 | €342 | +€242 | +242% |
| Recurring financial income | 75 | €100 | €342 | +€242 | +242% |
| Financial charges | 65/66B | €5,582 | €3,779 | -€1,802 | -32.3% |
| Recurring financial charges | 65 | €5,582 | €3,779 | -€1,802 | -32.3% |
| Profit (loss) for the period before taxes | 9903 | €5,249 | €31,859 | +€26,610 | +507% |
| Income taxes | 67/77 | €477 | €169 | -€308 | -64.6% |
| Profit (loss) for the period | 9904 | €4,772 | €31,690 | +€26,918 | +564% |
| Profit (loss) for the period to be appropriated | 9905 | €4,772 | €31,690 | +€26,918 | +564% |
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 23 October 2026 via checked.be.