KIMSA: 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.
KIMSA
Largest movements
- Cash +€15,489
up €15,489 (+83.7%), from €18,496 to €33,984
mainly Net result for the year (+€13,107) and Investment in fixed assets (net) (+€9,380)
- Financial fixed assets -€9,380
no longer reported in 2025 (was €9,380)
- Receivables after one year +€9,380
new in 2025: €9,380
- Receivables within one year -€4,989
down €4,989 (-60.3%), from €8,276 to €3,287
of which Other amounts receivable: -€5,075
- Profit (loss) carried forward +€13,107
up €13,107, from -€9,400 to €3,707
- Tax, wage and social debts -€1,476
down €1,476 (-13.3%), from €11,104 to €9,628
of which Taxes: -€1,944
- Trade debts -€886
down €886 (-17.3%), from €5,124 to €4,238
- Other debts -€707
down €707 (-20.0%), from €3,528 to €2,821
- Gross operating margin +€24,488
up €24,488 (+225.5%), from €10,861 to €35,349
- Staff costs +€11,365
up €11,365 (+675.2%), from €1,683 to €13,049
- Taxes +€3,486
up €3,486 (+162.5%), from €2,145 to €5,631
- Depreciation -€355
down €355 (-43.5%), from €815 to €460
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 | €38,753 | €48,791 | +€10,039 | +25.9% |
| Fixed assets | 21/28 | €11,981 | €2,141 | -€9,840 | -82.1% |
| Tangible fixed assets | 22/27 | €2,601 | €2,141 | -€460 | -17.7% |
| Land and buildings | 22 | €1,400 | €1,200 | -€200 | -14.3% |
| Furniture and vehicles | 24 | €1,201 | €941 | -€260 | -21.7% |
| Financial fixed assets | 28 | €9,380 | - | -€9,380 | |
| Current assets | 29/58 | €26,771 | €46,651 | +€19,879 | +74.3% |
| Amounts receivable after more than one year | 29 | - | €9,380 | +€9,380 | |
| Trade receivables | 290 | - | €9,380 | +€9,380 | |
| Amounts receivable within one year | 40/41 | €8,276 | €3,287 | -€4,989 | -60.3% |
| Trade receivables | 40 | €2,772 | €2,858 | +€86 | +3.1% |
| Other amounts receivable | 41 | €5,504 | €429 | -€5,075 | -92.2% |
| Cash at bank and in hand | 54/58 | €18,496 | €33,984 | +€15,489 | +83.7% |
| Total equity and liabilities | 10/49 | €38,753 | €48,791 | +€10,039 | +25.9% |
| Equity | 10/15 | €14,537 | €27,644 | +€13,107 | +90.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €5,337 | €5,337 | = | 0.0% |
| Distributable reserves | 133 | €5,337 | €5,337 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,400 | €3,707 | +€13,107 | |
| Amounts payable | 17/49 | €24,216 | €21,148 | -€3,068 | -12.7% |
| Amounts payable within one year | 42/48 | €24,216 | €21,148 | -€3,068 | -12.7% |
| Current portion of amounts payable after more than one year | 42 | €4,460 | €4,460 | = | 0.0% |
| Trade debts | 44 | €5,124 | €4,238 | -€886 | -17.3% |
| Suppliers | 440/4 | €5,124 | €4,238 | -€886 | -17.3% |
| Taxes, remuneration and social security | 45 | €11,104 | €9,628 | -€1,476 | -13.3% |
| Taxes | 450/3 | €11,104 | €9,160 | -€1,944 | -17.5% |
| Remuneration and social security | 454/9 | - | €468 | +€468 | |
| Other amounts payable | 47/48 | €3,528 | €2,821 | -€707 | -20.0% |
| Remuneration, social security and pensions | 62 | €1,683 | €13,049 | +€11,365 | +675.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €815 | €460 | -€355 | -43.5% |
| Other operating charges | 640/8 | €1,986 | €1,860 | -€125 | -6.3% |
| Gross operating margin | 9900 | €10,861 | €35,349 | +€24,488 | +225.5% |
| Operating profit (loss) | 9901 | €6,377 | €19,979 | +€13,603 | +213.3% |
| Financial income | 75/76B | €0 | €1 | +€1 | +1900.0% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +1900.0% |
| Non-recurring financial income | 76B | - | €1 | +€1 | |
| Financial charges | 65/66B | €1,156 | €1,242 | +€86 | +7.5% |
| Recurring financial charges | 65 | €1,156 | €1,242 | +€86 | +7.5% |
| Non-recurring financial charges | 66B | - | €1,242 | +€1,242 | |
| Profit (loss) for the period before taxes | 9903 | €5,221 | €18,738 | +€13,517 | +258.9% |
| Income taxes | 67/77 | €2,145 | €5,631 | +€3,486 | +162.5% |
| Profit (loss) for the period | 9904 | €3,076 | €13,107 | +€10,031 | +326.1% |
| Profit (loss) for the period to be appropriated | 9905 | €3,076 | €13,107 | +€10,031 | +326.1% |
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.