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.
KIMATEX
Largest movements
- Receivables within one year +€283,875
up €283,875 (+1515.8%), from €18,728 to €302,603
of which Trade receivables: +€292,913
- Cash -€124,457
down €124,457 (-63.4%), from €196,344 to €71,887
mainly Receivables within one year (-€283,875) and Stocks and contracts (-€57,958)
- Stocks and contracts +€57,958
up €57,958 (+35.8%), from €162,042 to €220,000
- Tangible fixed assets -€30,844
down €30,844 (-3.3%), from €932,601 to €901,757
of which Furniture and vehicles: -€19,693
- Intangible fixed assets -€30,000
down €30,000 (-28.8%), from €104,219 to €74,219
- Other debts +€101,577
up €101,577 (+15.1%), from €671,181 to €772,758
- Debts after one year -€48,741
down €48,741 (-11.5%), from €424,954 to €376,213
- Reserves +€44,917
up €44,917 (+19.7%), from €228,513 to €273,430
of which Distributable reserves: +€44,917
- Tax, wage and social debts +€28,641
up €28,641 (+3932.4%), from €728 to €29,370
- Profit (loss) carried forward +€26,532
up €26,532, from -€26,532 to €0
- Gross operating margin +€198,493
up €198,493, from -€13,656 to €184,836
- Financial income -€3,298
down €3,298 (-100.0%), from €3,298 to €0
- Depreciation +€2,326
up €2,326 (+2.9%), from €79,627 to €81,953
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 | €1,421,618 | €1,571,455 | +€149,837 | +10.5% |
| Fixed assets | 21/28 | €1,036,820 | €975,976 | -€60,844 | -5.9% |
| Intangible fixed assets | 21 | €104,219 | €74,219 | -€30,000 | -28.8% |
| Tangible fixed assets | 22/27 | €932,601 | €901,757 | -€30,844 | -3.3% |
| Land and buildings | 22 | €756,185 | €752,935 | -€3,250 | -0.4% |
| Plant, machinery and equipment | 23 | €70,985 | €63,085 | -€7,900 | -11.1% |
| Furniture and vehicles | 24 | €105,430 | €85,737 | -€19,693 | -18.7% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Current assets | 29/58 | €384,798 | €595,478 | +€210,681 | +54.8% |
| Stocks and contracts in progress | 3 | €162,042 | €220,000 | +€57,958 | +35.8% |
| Stocks | 30/36 | €162,042 | €220,000 | +€57,958 | +35.8% |
| Amounts receivable within one year | 40/41 | €18,728 | €302,603 | +€283,875 | +1515.8% |
| Trade receivables | 40 | €9,690 | €302,603 | +€292,913 | +3022.8% |
| Other amounts receivable | 41 | €9,038 | €0 | -€9,038 | -100.0% |
| Cash at bank and in hand | 54/58 | €196,344 | €71,887 | -€124,457 | -63.4% |
| Deferred charges and accrued income | 490/1 | €7,683 | €988 | -€6,695 | -87.1% |
| Total equity and liabilities | 10/49 | €1,421,618 | €1,571,455 | +€149,837 | +10.5% |
| Equity | 10/15 | €263,981 | €335,430 | +€71,449 | +27.1% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €228,513 | €273,430 | +€44,917 | +19.7% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €63,150 | €63,150 | = | 0.0% |
| Distributable reserves | 133 | €159,163 | €204,080 | +€44,917 | +28.2% |
| Profit (loss) carried forward | 14 | -€26,532 | €0 | +€26,532 | |
| Amounts payable | 17/49 | €1,157,637 | €1,236,025 | +€78,388 | +6.8% |
| Amounts payable after more than one year | 17 | €424,954 | €376,213 | -€48,741 | -11.5% |
| Financial debts | 170/4 | €424,954 | €376,213 | -€48,741 | -11.5% |
| Amounts payable within one year | 42/48 | €726,918 | €853,355 | +€126,436 | +17.4% |
| Current portion of amounts payable after more than one year | 42 | €47,473 | €48,741 | +€1,269 | +2.7% |
| Financial debts | 43 | €1,395 | €0 | -€1,395 | -100.0% |
| Credit institutions | 430/8 | €1,395 | €0 | -€1,395 | -100.0% |
| Trade debts | 44 | €6,141 | €2,486 | -€3,655 | -59.5% |
| Suppliers | 440/4 | €6,141 | €2,486 | -€3,655 | -59.5% |
| Taxes, remuneration and social security | 45 | €728 | €29,370 | +€28,641 | +3932.4% |
| Taxes | 450/3 | €728 | €29,370 | +€28,641 | +3932.4% |
| Other amounts payable | 47/48 | €671,181 | €772,758 | +€101,577 | +15.1% |
| Accrued charges and deferred income | 492/3 | €5,764 | €6,457 | +€693 | +12.0% |
| Non-recurring operating income | 76A | - | €15,429 | +€15,429 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €79,627 | €81,953 | +€2,326 | +2.9% |
| Other operating charges | 640/8 | €10,452 | €10,743 | +€291 | +2.8% |
| Gross operating margin | 9900 | -€13,656 | €184,836 | +€198,493 | |
| Operating profit (loss) | 9901 | -€103,735 | €92,140 | +€195,875 | |
| Financial income | 75/76B | €3,298 | €0 | -€3,298 | -100.0% |
| Recurring financial income | 75 | €3,298 | €0 | -€3,298 | -100.0% |
| Financial charges | 65/66B | €21,611 | €20,358 | -€1,252 | -5.8% |
| Recurring financial charges | 65 | €21,611 | €20,358 | -€1,252 | -5.8% |
| Profit (loss) for the period before taxes | 9903 | -€122,048 | €71,782 | +€193,830 | |
| Income taxes | 67/77 | €335 | €332 | -€3 | -0.7% |
| Profit (loss) for the period | 9904 | -€122,383 | €71,449 | +€193,832 | |
| Profit (loss) for the period to be appropriated | 9905 | -€122,383 | €71,449 | +€193,832 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 September 2026 via checked.be.