KINIMMO: 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.
KINIMMO
Largest movements
- Tangible fixed assets -€18,095
down €18,095 (-3.2%), from €556,896 to €538,801
- Debts after one year -€29,385
down €29,385 (-6.3%), from €463,782 to €434,397
- Reserves +€10,095
up €10,095 (+147.3%), from €6,853 to €16,948
of which Distributable reserves: +€10,095
- Taxes +€3,386
up €3,386 (+518.7%), from €653 to €4,038
- Gross operating margin -€3,232
down €3,232 (-7.0%), from €46,402 to €43,170
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 | €566,232 | €546,113 | -€20,119 | -3.6% |
| Fixed assets | 21/28 | €556,896 | €538,801 | -€18,095 | -3.2% |
| Tangible fixed assets | 22/27 | €556,896 | €538,801 | -€18,095 | -3.2% |
| Land and buildings | 22 | €556,896 | €538,801 | -€18,095 | -3.2% |
| Current assets | 29/58 | €9,336 | €7,312 | -€2,024 | -21.7% |
| Current investments | 50/53 | €6,000 | €6,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €3,336 | €1,312 | -€2,024 | -60.7% |
| Total equity and liabilities | 10/49 | €566,232 | €546,113 | -€20,119 | -3.6% |
| Equity | 10/15 | €9,853 | €19,948 | +€10,095 | +102.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €6,853 | €16,948 | +€10,095 | +147.3% |
| Non-distributable reserves | 130/1 | €6,000 | €6,000 | = | 0.0% |
| Own shares acquired | 1312 | €6,000 | €6,000 | = | 0.0% |
| Distributable reserves | 133 | €853 | €10,948 | +€10,095 | +1183.5% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €556,379 | €526,166 | -€30,213 | -5.4% |
| Amounts payable after more than one year | 17 | €463,782 | €434,397 | -€29,385 | -6.3% |
| Financial debts | 170/4 | €463,782 | €434,397 | -€29,385 | -6.3% |
| Amounts payable within one year | 42/48 | €92,597 | €91,768 | -€828 | -0.9% |
| Current portion of amounts payable after more than one year | 42 | €28,992 | €29,385 | +€393 | +1.4% |
| Trade debts | 44 | €1,585 | €0 | -€1,585 | -100.0% |
| Suppliers | 440/4 | €1,585 | €0 | -€1,585 | -100.0% |
| Taxes, remuneration and social security | 45 | €653 | €4,691 | +€4,038 | +618.7% |
| Taxes | 450/3 | €653 | €4,691 | +€4,038 | +618.7% |
| Other amounts payable | 47/48 | €61,367 | €57,692 | -€3,675 | -6.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,075 | €18,095 | +€19 | +0.1% |
| Other operating charges | 640/8 | €513 | €528 | +€14 | +2.8% |
| Gross operating margin | 9900 | €46,402 | €43,170 | -€3,232 | -7.0% |
| Operating profit (loss) | 9901 | €27,813 | €24,547 | -€3,266 | -11.7% |
| Financial charges | 65/66B | €10,493 | €10,414 | -€79 | -0.7% |
| Recurring financial charges | 65 | €10,493 | €10,414 | -€79 | -0.7% |
| Profit (loss) for the period before taxes | 9903 | €17,320 | €14,133 | -€3,187 | -18.4% |
| Income taxes | 67/77 | €653 | €4,038 | +€3,386 | +518.7% |
| Profit (loss) for the period | 9904 | €16,667 | €10,095 | -€6,573 | -39.4% |
| Profit (loss) for the period to be appropriated | 9905 | €16,667 | €10,095 | -€6,573 | -39.4% |
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 5 October 2026 via checked.be.