KIMURA: 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.
KIMURA
Largest movements
- Receivables after one year -€31,400
down €31,400 (-18.9%), from €165,704 to €134,304
of which Other amounts receivable: -€31,400
- Cash +€19,590
up €19,590 (+43.6%), from €44,924 to €64,514
mainly Net result for the year (+€31,731) and Receivables after one year (+€31,400)
- Receivables within one year +€19,360
up €19,360 (+200.0%), from €9,680 to €29,040
of which Trade receivables: +€19,360
- Reserves +€31,731
up €31,731 (+33.4%), from €95,142 to €126,873
- Other debts -€17,958
down €17,958 (-99.7%), from €18,014 to €56
- Debts after one year -€11,181
down €11,181 (-12.2%), from €91,844 to €80,664
- Tax, wage and social debts +€3,393
up €3,393 (+47.2%), from €7,192 to €10,585
- Gross operating margin +€9,140
up €9,140 (+22.6%), from €40,518 to €49,657
- Financial charges -€8,196
down €8,196 (-73.1%), from €11,212 to €3,016
of which Non-recurring financial charges: -€7,787
- Other operating charges +€2,058
up €2,058 (+407.7%), from €505 to €2,562
- Financial income -€926
down €926 (-100.0%), from €926 to €0
- Taxes +€692
up €692 (+6.5%), from €10,609 to €11,301
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 | €223,369 | €229,872 | +€6,504 | +2.9% |
| Fixed assets | 21/28 | €3,061 | €2,015 | -€1,047 | -34.2% |
| Tangible fixed assets | 22/27 | €3,061 | €2,015 | -€1,047 | -34.2% |
| Furniture and vehicles | 24 | €3,061 | €2,015 | -€1,047 | -34.2% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €220,307 | €227,858 | +€7,550 | +3.4% |
| Amounts receivable after more than one year | 29 | €165,704 | €134,304 | -€31,400 | -18.9% |
| Trade receivables | 290 | €13,004 | €13,004 | = | 0.0% |
| Other amounts receivable | 291 | €152,700 | €121,300 | -€31,400 | -20.6% |
| Amounts receivable within one year | 40/41 | €9,680 | €29,040 | +€19,360 | +200.0% |
| Trade receivables | 40 | €9,680 | €29,040 | +€19,360 | +200.0% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €44,924 | €64,514 | +€19,590 | +43.6% |
| Total equity and liabilities | 10/49 | €223,369 | €229,872 | +€6,504 | +2.9% |
| Equity | 10/15 | €95,242 | €126,973 | +€31,731 | +33.3% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €95,142 | €126,873 | +€31,731 | +33.4% |
| Distributable reserves | 133 | €95,142 | €126,873 | +€31,731 | +33.4% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €128,127 | €102,899 | -€25,228 | -19.7% |
| Amounts payable after more than one year | 17 | €91,844 | €80,664 | -€11,181 | -12.2% |
| Financial debts | 170/4 | €91,844 | €80,664 | -€11,181 | -12.2% |
| Amounts payable within one year | 42/48 | €36,282 | €22,235 | -€14,047 | -38.7% |
| Current portion of amounts payable after more than one year | 42 | €10,989 | €11,181 | +€192 | +1.7% |
| Trade debts | 44 | €86 | €413 | +€327 | +379.2% |
| Suppliers | 440/4 | €86 | €413 | +€327 | +379.2% |
| Taxes, remuneration and social security | 45 | €7,192 | €10,585 | +€3,393 | +47.2% |
| Taxes | 450/3 | €7,192 | €10,585 | +€3,393 | +47.2% |
| Other amounts payable | 47/48 | €18,014 | €56 | -€17,958 | -99.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,047 | €1,047 | = | 0.0% |
| Other operating charges | 640/8 | €505 | €2,562 | +€2,058 | +407.7% |
| Gross operating margin | 9900 | €40,518 | €49,657 | +€9,140 | +22.6% |
| Operating profit (loss) | 9901 | €38,966 | €46,048 | +€7,082 | +18.2% |
| Financial income | 75/76B | €926 | €0 | -€926 | -100.0% |
| Recurring financial income | 75 | €926 | €0 | -€926 | -100.0% |
| Financial charges | 65/66B | €11,212 | €3,016 | -€8,196 | -73.1% |
| Recurring financial charges | 65 | €3,425 | €3,016 | -€409 | -11.9% |
| Non-recurring financial charges | 66B | €7,787 | €0 | -€7,787 | -100.0% |
| Profit (loss) for the period before taxes | 9903 | €28,680 | €43,032 | +€14,352 | +50.0% |
| Income taxes | 67/77 | €10,609 | €11,301 | +€692 | +6.5% |
| Profit (loss) for the period | 9904 | €18,071 | €31,731 | +€13,661 | +75.6% |
| Profit (loss) for the period to be appropriated | 9905 | €18,071 | €31,731 | +€13,661 | +75.6% |
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 9 October 2026 via checked.be.