K.I.T. Enterprise: 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.I.T. Enterprise
Largest movements
- Receivables within one year +€112,373
up €112,373 (+132.1%), from €85,037 to €197,410
of which Trade receivables: +€117,559
- Cash +€18,307
up €18,307 (+232.6%), from €7,870 to €26,176
mainly Trade debts (+€108,974) and Net result for the year (+€27,537)
- Tangible fixed assets -€11,120
down €11,120 (-33.8%), from €32,859 to €21,739
of which Furniture and vehicles: -€7,488
- Trade debts +€108,974
up €108,974 (+575.9%), from €18,921 to €127,896
- Reserves +€27,537
up €27,537 (+43.4%), from €63,404 to €90,940
- Tax, wage and social debts -€10,524
down €10,524 (-42.7%), from €24,668 to €14,144
of which Remuneration and social security: -€5,408
- Debts after one year -€5,024
down €5,024 (-47.6%), from €10,551 to €5,526
- Gross operating margin +€18,475
up €18,475 (+25.6%), from €72,037 to €90,511
- Staff costs +€8,132
up €8,132 (+25.3%), from €32,167 to €40,299
- Taxes +€3,793
up €3,793 (+56.7%), from €6,685 to €10,477
- Depreciation -€2,582
down €2,582 (-18.8%), from €13,703 to €11,120
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €127,636 | €248,531 | +€120,895 | +94.7% |
| Fixed assets | 21/28 | €34,509 | €23,389 | -€11,120 | -32.2% |
| Tangible fixed assets | 22/27 | €32,859 | €21,739 | -€11,120 | -33.8% |
| Plant, machinery and equipment | 23 | €10,213 | €6,580 | -€3,633 | -35.6% |
| Furniture and vehicles | 24 | €22,646 | €15,159 | -€7,488 | -33.1% |
| Financial fixed assets | 28 | €1,650 | €1,650 | = | 0.0% |
| Current assets | 29/58 | €93,127 | €225,142 | +€132,016 | +141.8% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Contracts in progress | 37 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €85,037 | €197,410 | +€112,373 | +132.1% |
| Trade receivables | 40 | €62,952 | €180,511 | +€117,559 | +186.7% |
| Other amounts receivable | 41 | €22,085 | €16,899 | -€5,186 | -23.5% |
| Cash at bank and in hand | 54/58 | €7,870 | €26,176 | +€18,307 | +232.6% |
| Deferred charges and accrued income | 490/1 | €220 | €1,556 | +€1,336 | +607.3% |
| Total equity and liabilities | 10/49 | €127,636 | €248,531 | +€120,895 | +94.7% |
| Equity | 10/15 | €68,404 | €95,940 | +€27,537 | +40.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €63,404 | €90,940 | +€27,537 | +43.4% |
| Distributable reserves | 133 | €63,404 | €90,940 | +€27,537 | +43.4% |
| Amounts payable | 17/49 | €59,232 | €152,591 | +€93,359 | +157.6% |
| Amounts payable after more than one year | 17 | €10,551 | €5,526 | -€5,024 | -47.6% |
| Financial debts | 170/4 | €10,551 | €5,526 | -€5,024 | -47.6% |
| Amounts payable within one year | 42/48 | €48,131 | €147,064 | +€98,933 | +205.5% |
| Current portion of amounts payable after more than one year | 42 | €4,542 | €5,024 | +€483 | +10.6% |
| Trade debts | 44 | €18,921 | €127,896 | +€108,974 | +575.9% |
| Suppliers | 440/4 | €18,921 | €127,896 | +€108,974 | +575.9% |
| Taxes, remuneration and social security | 45 | €24,668 | €14,144 | -€10,524 | -42.7% |
| Taxes | 450/3 | €13,052 | €7,936 | -€5,116 | -39.2% |
| Remuneration and social security | 454/9 | €11,616 | €6,208 | -€5,408 | -46.6% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €550 | €0 | -€550 | -100.0% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €32,167 | €40,299 | +€8,132 | +25.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,703 | €11,120 | -€2,582 | -18.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €1,543 | €1,486 | -€57 | -3.7% |
| Gross operating margin | 9900 | €72,037 | €90,511 | +€18,475 | +25.6% |
| Operating profit (loss) | 9901 | €24,624 | €37,606 | +€12,982 | +52.7% |
| Financial income | 75/76B | €542 | €997 | +€455 | +83.8% |
| Recurring financial income | 75 | €542 | €997 | +€455 | +83.8% |
| Financial charges | 65/66B | €1,046 | €588 | -€458 | -43.7% |
| Recurring financial charges | 65 | €1,046 | €588 | -€458 | -43.7% |
| Profit (loss) for the period before taxes | 9903 | €24,120 | €38,014 | +€13,894 | +57.6% |
| Income taxes | 67/77 | €6,685 | €10,477 | +€3,793 | +56.7% |
| Profit (loss) for the period | 9904 | €17,435 | €27,537 | +€10,101 | +57.9% |
| Profit (loss) for the period to be appropriated | 9905 | €17,435 | €27,537 | +€10,101 | +57.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.