K-FIT: what changed
Two financial 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.
K-FIT
Largest movements
- Intangible fixed assets -€27,000
down €27,000 (-20.0%), from €135,000 to €108,000
- Current investments -€15,000
down €15,000 (-20.0%), from €75,000 to €60,000
- Tangible fixed assets +€6,889
up €6,889 (+10.5%), from €65,827 to €72,717
of which Furniture and vehicles: +€14,748
- Other debts -€155,493
down €155,493 (-61.0%), from €254,950 to €99,456
- Debts after one year +€68,866
up €68,866 (+8,363%), from €823 to €69,690
- Reserves +€61,272
up €61,272 (+170%), from €36,103 to €97,375
- Accrued charges and deferred income -€11,186
down €11,186 (-39.3%), from €28,497 to €17,312
- Gross operating margin +€33,256
up €33,256 (+29.1%), from €114,311 to €147,566
- Taxes +€9,684
up €9,684 (+60.8%), from €15,915 to €25,599
- Depreciation +€6,419
up €6,419 (+13.5%), from €47,719 to €54,139
- Write-downs -€5,346
down €5,346 (-100%), from €5,346 to €0
- Financial charges -€4,175
down €4,175 (-47.0%), from €8,875 to €4,700
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.
Derived cash bridge
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 | €400,034 | €362,966 | -€37,068 | -9.3% |
| Fixed assets | 21/28 | €201,480 | €180,717 | -€20,763 | -10.3% |
| Intangible fixed assets | 21 | €135,000 | €108,000 | -€27,000 | -20.0% |
| Tangible fixed assets | 22/27 | €65,827 | €72,717 | +€6,889 | +10.5% |
| Plant, machinery and equipment | 23 | €10,658 | €6,492 | -€4,166 | -39.1% |
| Furniture and vehicles | 24 | €18,502 | €33,251 | +€14,748 | +79.7% |
| Other tangible fixed assets | 26 | €36,667 | €32,974 | -€3,693 | -10.1% |
| Financial fixed assets | 28 | €653 | €0 | -€653 | -100% |
| Current assets | 29/58 | €198,554 | €182,249 | -€16,305 | -8.2% |
| Amounts receivable within one year | 40/41 | €37,515 | €37,484 | -€31 | -0.1% |
| Trade receivables | 40 | €26,297 | €25,563 | -€734 | -2.8% |
| Other amounts receivable | 41 | €11,218 | €11,921 | +€703 | +6.3% |
| Current investments | 50/53 | €75,000 | €60,000 | -€15,000 | -20.0% |
| Cash at bank and in hand | 54/58 | €82,467 | €81,742 | -€725 | -0.9% |
| Deferred charges and accrued income | 490/1 | €3,571 | €3,023 | -€549 | -15.4% |
| Total equity and liabilities | 10/49 | €400,034 | €362,966 | -€37,068 | -9.3% |
| Equity | 10/15 | €54,703 | €115,975 | +€61,272 | +112% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €36,103 | €97,375 | +€61,272 | +170% |
| Distributable reserves | 133 | €36,103 | €97,375 | +€61,272 | +170% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €345,331 | €246,991 | -€98,340 | -28.5% |
| Amounts payable after more than one year | 17 | €823 | €69,690 | +€68,866 | +8,363% |
| Financial debts | 170/4 | €823 | €69,690 | +€68,866 | +8,363% |
| Amounts payable within one year | 42/48 | €316,010 | €159,990 | -€156,020 | -49.4% |
| Current portion of amounts payable after more than one year | 42 | €4,913 | €6,892 | +€1,980 | +40.3% |
| Trade debts | 44 | €52,106 | €49,599 | -€2,506 | -4.8% |
| Suppliers | 440/4 | €52,106 | €49,599 | -€2,506 | -4.8% |
| Taxes, remuneration and social security | 45 | €4,041 | €4,041 | = | 0.0% |
| Remuneration and social security | 454/9 | €4,041 | €4,041 | = | 0.0% |
| Other amounts payable | 47/48 | €254,950 | €99,456 | -€155,493 | -61.0% |
| Accrued charges and deferred income | 492/3 | €28,497 | €17,312 | -€11,186 | -39.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,719 | €54,139 | +€6,419 | +13.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €5,346 | €0 | -€5,346 | -100% |
| Other operating charges | 640/8 | €2,758 | €3,063 | +€305 | +11.1% |
| Gross operating margin | 9900 | €114,311 | €147,566 | +€33,256 | +29.1% |
| Operating profit (loss) | 9901 | €58,488 | €90,365 | +€31,877 | +54.5% |
| Financial income | 75/76B | €1,027 | €1,205 | +€178 | +17.3% |
| Recurring financial income | 75 | €1,027 | €1,205 | +€178 | +17.3% |
| Financial charges | 65/66B | €8,875 | €4,700 | -€4,175 | -47.0% |
| Recurring financial charges | 65 | €8,875 | €4,700 | -€4,175 | -47.0% |
| Profit (loss) for the period before taxes | 9903 | €50,641 | €86,871 | +€36,230 | +71.5% |
| Income taxes | 67/77 | €15,915 | €25,599 | +€9,684 | +60.8% |
| Profit (loss) for the period | 9904 | €34,726 | €61,272 | +€26,546 | +76.4% |
| Profit (loss) for the period to be appropriated | 9905 | €34,726 | €61,272 | +€26,546 | +76.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.