KIMSO: 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.
KIMSO
Largest movements
- Receivables within one year +€8,963
up €8,963 (+48.9%), from €18,348 to €27,311
of which Trade receivables: +€8,048
- Cash +€2,611
up €2,611 (+54.9%), from €4,754 to €7,365
mainly Tax, wage and social debts (+€6,523) and Depreciation (+€2,474)
- Tangible fixed assets -€2,474
down €2,474 (-25.2%), from €9,809 to €7,335
of which Furniture and vehicles: -€2,344
- Tax, wage and social debts +€6,523
up €6,523 (+255.9%), from €2,549 to €9,072
of which Taxes: +€3,565
- Profit (loss) carried forward +€1,542
up €1,542 (+15.4%), from -€10,002 to -€8,460
- Trade debts +€1,074
up €1,074 (+5.1%), from €21,130 to €22,204
- Gross operating margin +€7,640
up €7,640, from -€3,072 to €4,568
- Write-downs -€3,020
no longer reported in 2025 (was €3,020)
- Depreciation -€149
down €149 (-5.7%), from €2,623 to €2,474
- Other operating charges +€127
up €127 (+36.0%), from €354 to €482
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 | €34,577 | €43,715 | +€9,138 | +26.4% |
| Fixed assets | 21/28 | €11,009 | €8,535 | -€2,474 | -22.5% |
| Tangible fixed assets | 22/27 | €9,809 | €7,335 | -€2,474 | -25.2% |
| Plant, machinery and equipment | 23 | €970 | €840 | -€130 | -13.4% |
| Furniture and vehicles | 24 | €8,839 | €6,495 | -€2,344 | -26.5% |
| Financial fixed assets | 28 | €1,200 | €1,200 | = | 0.0% |
| Current assets | 29/58 | €23,568 | €35,181 | +€11,613 | +49.3% |
| Amounts receivable within one year | 40/41 | €18,348 | €27,311 | +€8,963 | +48.9% |
| Trade receivables | 40 | €5,169 | €13,217 | +€8,048 | +155.7% |
| Other amounts receivable | 41 | €13,179 | €14,094 | +€916 | +6.9% |
| Cash at bank and in hand | 54/58 | €4,754 | €7,365 | +€2,611 | +54.9% |
| Deferred charges and accrued income | 490/1 | €466 | €505 | +€38 | +8.2% |
| Total equity and liabilities | 10/49 | €34,577 | €43,715 | +€9,138 | +26.4% |
| Equity | 10/15 | €10,898 | €12,440 | +€1,542 | +14.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €2,300 | €2,300 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,300 | €2,300 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,002 | -€8,460 | +€1,542 | +15.4% |
| Amounts payable | 17/49 | €23,679 | €31,275 | +€7,597 | +32.1% |
| Amounts payable within one year | 42/48 | €23,679 | €31,275 | +€7,597 | +32.1% |
| Trade debts | 44 | €21,130 | €22,204 | +€1,074 | +5.1% |
| Suppliers | 440/4 | €21,130 | €22,204 | +€1,074 | +5.1% |
| Taxes, remuneration and social security | 45 | €2,549 | €9,072 | +€6,523 | +255.9% |
| Taxes | 450/3 | - | €3,565 | +€3,565 | |
| Remuneration and social security | 454/9 | €2,549 | €5,507 | +€2,958 | +116.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,623 | €2,474 | -€149 | -5.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €3,020 | - | -€3,020 | |
| Other operating charges | 640/8 | €354 | €482 | +€127 | +36.0% |
| Gross operating margin | 9900 | -€3,072 | €4,568 | +€7,640 | |
| Operating profit (loss) | 9901 | -€9,069 | €1,613 | +€10,682 | |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €81 | €72 | -€9 | -10.8% |
| Recurring financial charges | 65 | €81 | €72 | -€9 | -10.8% |
| Profit (loss) for the period before taxes | 9903 | -€9,150 | €1,542 | +€10,692 | |
| Profit (loss) for the period | 9904 | -€9,150 | €1,542 | +€10,692 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,150 | €1,542 | +€10,692 |
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 4 October 2026 via checked.be.