G-KIT: 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.
G-KIT
Largest movements
- Tangible fixed assets -€11,370
down €11,370 (-23.5%), from €48,471 to €37,101
- Cash +€5,812
up €5,812 (+103.5%), from €5,614 to €11,426
mainly Net result for the year (+€29,681) and Depreciation (+€13,343)
- Deferred charges and accrued income +€3,993
up €3,993 (+95.1%), from €4,199 to €8,192
- Receivables within one year +€3,782
up €3,782 (+24.7%), from €15,339 to €19,121
of which Trade receivables: +€4,111
- Trade debts +€7,469
up €7,469 (+9108.5%), from €82 to €7,551
- Tax, wage and social debts -€3,209
down €3,209 (-35.5%), from €9,028 to €5,819
- Other debts -€2,043
down €2,043 (-3.2%), from €64,413 to €62,370
- Gross operating margin -€15,018
down €15,018 (-22.2%), from €67,547 to €52,529
- Taxes -€3,536
down €3,536 (-29.8%), from €11,873 to €8,337
- Depreciation +€1,663
up €1,663 (+14.2%), from €11,680 to €13,343
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 | €73,623 | €75,840 | +€2,217 | +3.0% |
| Fixed assets | 21/28 | €48,471 | €37,101 | -€11,370 | -23.5% |
| Tangible fixed assets | 22/27 | €48,471 | €37,101 | -€11,370 | -23.5% |
| Furniture and vehicles | 24 | €48,471 | €37,101 | -€11,370 | -23.5% |
| Current assets | 29/58 | €25,152 | €38,739 | +€13,587 | +54.0% |
| Amounts receivable within one year | 40/41 | €15,339 | €19,121 | +€3,782 | +24.7% |
| Trade receivables | 40 | €11,347 | €15,458 | +€4,111 | +36.2% |
| Other amounts receivable | 41 | €3,992 | €3,663 | -€329 | -8.2% |
| Cash at bank and in hand | 54/58 | €5,614 | €11,426 | +€5,812 | +103.5% |
| Deferred charges and accrued income | 490/1 | €4,199 | €8,192 | +€3,993 | +95.1% |
| Total equity and liabilities | 10/49 | €73,623 | €75,840 | +€2,217 | +3.0% |
| Equity | 10/15 | €100 | €100 | = | 0.0% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Amounts payable | 17/49 | €73,523 | €75,740 | +€2,217 | +3.0% |
| Amounts payable within one year | 42/48 | €73,523 | €75,740 | +€2,217 | +3.0% |
| Trade debts | 44 | €82 | €7,551 | +€7,469 | +9108.5% |
| Suppliers | 440/4 | €82 | €7,551 | +€7,469 | +9108.5% |
| Taxes, remuneration and social security | 45 | €9,028 | €5,819 | -€3,209 | -35.5% |
| Taxes | 450/3 | €9,028 | €5,819 | -€3,209 | -35.5% |
| Other amounts payable | 47/48 | €64,413 | €62,370 | -€2,043 | -3.2% |
| Remuneration, social security and pensions | 62 | €17 | - | -€17 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,680 | €13,343 | +€1,663 | +14.2% |
| Other operating charges | 640/8 | €796 | €931 | +€135 | +17.0% |
| Gross operating margin | 9900 | €67,547 | €52,529 | -€15,018 | -22.2% |
| Operating profit (loss) | 9901 | €55,054 | €38,255 | -€16,799 | -30.5% |
| Financial charges | 65/66B | €385 | €237 | -€148 | -38.4% |
| Recurring financial charges | 65 | €385 | €237 | -€148 | -38.4% |
| Profit (loss) for the period before taxes | 9903 | €54,669 | €38,018 | -€16,651 | -30.5% |
| Income taxes | 67/77 | €11,873 | €8,337 | -€3,536 | -29.8% |
| Profit (loss) for the period | 9904 | €42,796 | €29,681 | -€13,115 | -30.6% |
| Profit (loss) for the period to be appropriated | 9905 | €42,796 | €29,681 | -€13,115 | -30.6% |
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 5 October 2026 via checked.be.