KIMSHI: 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.
KIMSHI
Largest movements
- Cash -€14,247
down €14,247 (-47.2%), from €30,204 to €15,957
mainly Contributions, distributions and other (-€26,457) and Other debts (-€17,424)
- Tangible fixed assets -€8,888
down €8,888 (-23.3%), from €38,219 to €29,331
- Receivables within one year -€3,084
down €3,084 (-10.5%), from €29,349 to €26,265
of which Trade receivables: -€9,960
- Other debts -€17,424
down €17,424 (-80.4%), from €21,671 to €4,247
- Trade debts +€14,606
up €14,606 (+1513.9%), from €965 to €15,571
- Tax, wage and social debts -€13,503
down €13,503 (-61.9%), from €21,798 to €8,295
of which Taxes: -€11,976
- Advances received -€9,075
no longer reported in 2025 (was €9,075)
- Gross operating margin +€12,809
up €12,809 (+17.0%), from €75,128 to €87,937
- Depreciation +€6,163
up €6,163 (+226.1%), from €2,725 to €8,888
- Staff costs -€3,050
down €3,050 (-7.3%), from €41,614 to €38,564
- Financial charges +€2,374
up €2,374 (+109.8%), from €2,162 to €4,536
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 | €98,332 | €72,936 | -€25,396 | -25.8% |
| Fixed assets | 21/28 | €38,219 | €29,331 | -€8,888 | -23.3% |
| Tangible fixed assets | 22/27 | €38,219 | €29,331 | -€8,888 | -23.3% |
| Furniture and vehicles | 24 | €38,219 | €29,331 | -€8,888 | -23.3% |
| Current assets | 29/58 | €60,113 | €43,605 | -€16,508 | -27.5% |
| Amounts receivable within one year | 40/41 | €29,349 | €26,265 | -€3,084 | -10.5% |
| Trade receivables | 40 | €15,111 | €5,151 | -€9,960 | -65.9% |
| Other amounts receivable | 41 | €14,238 | €21,114 | +€6,876 | +48.3% |
| Cash at bank and in hand | 54/58 | €30,204 | €15,957 | -€14,247 | -47.2% |
| Deferred charges and accrued income | 490/1 | €559 | €1,383 | +€823 | +147.2% |
| Total equity and liabilities | 10/49 | €98,332 | €72,936 | -€25,396 | -25.8% |
| Equity | 10/15 | €44,823 | €44,823 | = | 0.0% |
| Contributions | 10/11 | €250 | €250 | = | 0.0% |
| Profit (loss) carried forward | 14 | €44,573 | €44,573 | = | 0.0% |
| Amounts payable | 17/49 | €53,510 | €28,113 | -€25,396 | -47.5% |
| Amounts payable within one year | 42/48 | €53,510 | €28,113 | -€25,396 | -47.5% |
| Trade debts | 44 | €965 | €15,571 | +€14,606 | +1513.9% |
| Suppliers | 440/4 | €965 | €15,571 | +€14,606 | +1513.9% |
| Advances received on contracts in progress | 46 | €9,075 | - | -€9,075 | |
| Taxes, remuneration and social security | 45 | €21,798 | €8,295 | -€13,503 | -61.9% |
| Taxes | 450/3 | €14,328 | €2,352 | -€11,976 | -83.6% |
| Remuneration and social security | 454/9 | €7,470 | €5,943 | -€1,527 | -20.4% |
| Other amounts payable | 47/48 | €21,671 | €4,247 | -€17,424 | -80.4% |
| Remuneration, social security and pensions | 62 | €41,614 | €38,564 | -€3,050 | -7.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,725 | €8,888 | +€6,163 | +226.1% |
| Other operating charges | 640/8 | €910 | €1,586 | +€676 | +74.3% |
| Gross operating margin | 9900 | €75,128 | €87,937 | +€12,809 | +17.0% |
| Operating profit (loss) | 9901 | €29,879 | €38,899 | +€9,020 | +30.2% |
| Financial income | 75/76B | €2 | €1 | -€1 | -67.0% |
| Recurring financial income | 75 | €2 | €1 | -€1 | -67.0% |
| Financial charges | 65/66B | €2,162 | €4,536 | +€2,374 | +109.8% |
| Recurring financial charges | 65 | €2,162 | €4,536 | +€2,374 | +109.8% |
| Profit (loss) for the period before taxes | 9903 | €27,719 | €34,364 | +€6,644 | +24.0% |
| Income taxes | 67/77 | €8,334 | €7,907 | -€428 | -5.1% |
| Profit (loss) for the period | 9904 | €19,385 | €26,457 | +€7,072 | +36.5% |
| Profit (loss) for the period to be appropriated | 9905 | €19,385 | €26,457 | +€7,072 | +36.5% |
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 11 October 2026 via checked.be.