KUMIMMO: 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.
KUMIMMO
Largest movements
- Tangible fixed assets -€26,040
down €26,040 (-9.4%), from €275,642 to €249,602
of which Land and buildings: -€40,845
- Deferred charges and accrued income -€2,994
down €2,994 (-28.5%), from €10,505 to €7,512
- Debts after one year -€94,229
down €94,229 (-38.0%), from €247,874 to €153,645
- Profit (loss) carried forward +€43,232
up €43,232, from -€12,404 to €30,828
- Current portion of long-term debt +€10,366
up €10,366 (+43.2%), from €24,015 to €34,381
- Trade debts +€4,235
up €4,235 (+59.3%), from €7,144 to €11,379
- Short-term financial debts +€3,294
up €3,294 (+290.9%), from €1,133 to €4,427
- Gross operating margin -€29,409
down €29,409 (-35.4%), from €83,029 to €53,620
- Staff costs -€5,280
down €5,280 (-31.1%), from €16,974 to €11,694
- Depreciation -€1,186
down €1,186 (-4.1%), from €29,025 to €27,840
From the 2023 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
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €289,953 | €260,489 | -€29,464 | -10.2% |
| Formation expenses | 20 | €9 | - | -€9 | |
| Fixed assets | 21/28 | €276,692 | €250,652 | -€26,040 | -9.4% |
| Tangible fixed assets | 22/27 | €275,642 | €249,602 | -€26,040 | -9.4% |
| Land and buildings | 22 | €260,642 | €219,797 | -€40,845 | -15.7% |
| Furniture and vehicles | 24 | €15,000 | €29,805 | +€14,805 | +98.7% |
| Financial fixed assets | 28 | €1,050 | €1,050 | = | 0.0% |
| Current assets | 29/58 | €13,252 | €9,837 | -€3,415 | -25.8% |
| Amounts receivable within one year | 40/41 | €2,747 | €2,326 | -€421 | -15.3% |
| Other amounts receivable | 41 | €2,747 | €2,326 | -€421 | -15.3% |
| Deferred charges and accrued income | 490/1 | €10,505 | €7,512 | -€2,994 | -28.5% |
| Total equity and liabilities | 10/49 | €289,953 | €260,489 | -€29,464 | -10.2% |
| Equity | 10/15 | -€4 | €43,228 | +€43,232 | |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,404 | €30,828 | +€43,232 | |
| Amounts payable | 17/49 | €289,957 | €217,261 | -€72,696 | -25.1% |
| Amounts payable after more than one year | 17 | €247,874 | €153,645 | -€94,229 | -38.0% |
| Financial debts | 170/4 | €247,874 | €153,645 | -€94,229 | -38.0% |
| Amounts payable within one year | 42/48 | €42,083 | €63,016 | +€20,933 | +49.7% |
| Current portion of amounts payable after more than one year | 42 | €24,015 | €34,381 | +€10,366 | +43.2% |
| Financial debts | 43 | €1,133 | €4,427 | +€3,294 | +290.9% |
| Credit institutions | 430/8 | €1,133 | €4,427 | +€3,294 | +290.9% |
| Trade debts | 44 | €7,144 | €11,379 | +€4,235 | +59.3% |
| Suppliers | 440/4 | €7,144 | €11,379 | +€4,235 | +59.3% |
| Taxes, remuneration and social security | 45 | €9,792 | €12,830 | +€3,038 | +31.0% |
| Taxes | 450/3 | €3,594 | €12,830 | +€9,236 | +257.0% |
| Remuneration and social security | 454/9 | €6,198 | - | -€6,198 | |
| Accrued charges and deferred income | 492/3 | - | €600 | +€600 | |
| Remuneration, social security and pensions | 62 | €16,974 | €11,694 | -€5,280 | -31.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,025 | €27,840 | -€1,186 | -4.1% |
| Other operating charges | 640/8 | €3,238 | €3,076 | -€162 | -5.0% |
| Gross operating margin | 9900 | €83,029 | €53,620 | -€29,409 | -35.4% |
| Operating profit (loss) | 9901 | €33,792 | €11,010 | -€22,782 | -67.4% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €6,460 | €7,187 | +€727 | +11.2% |
| Recurring financial charges | 65 | €6,460 | €7,187 | +€727 | +11.2% |
| Profit (loss) for the period before taxes | 9903 | €27,333 | €3,824 | -€23,510 | -86.0% |
| Income taxes | 67/77 | €2,659 | €3,302 | +€643 | +24.2% |
| Profit (loss) for the period | 9904 | €24,674 | €522 | -€24,152 | -97.9% |
| Profit (loss) for the period to be appropriated | 9905 | €24,674 | €522 | -€24,152 | -97.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.