KBIT: 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.
KBIT
Largest movements
- Receivables after one year +€22,514
up €22,514 (+62.2%), from €36,173 to €58,687
- Receivables within one year -€15,376
down €15,376 (-23.8%), from €64,524 to €49,148
of which Trade receivables: -€20,885
- Cash -€14,792
down €14,792 (-18.8%), from €78,617 to €63,825
mainly Advances received (-€29,766) and Receivables after one year (-€22,514)
- Deferred charges and accrued income +€9,970
up €9,970 (+481.0%), from €2,073 to €12,043
- Advances received -€29,766
down €29,766 (-100.0%), from €29,766 to €0
- Reserves +€17,652
up €17,652 (+15.3%), from €115,076 to €132,727
- Tax, wage and social debts +€14,050
up €14,050 (+94.2%), from €14,908 to €28,958
of which Taxes: +€13,849
- Gross operating margin -€30,322
down €30,322 (-56.2%), from €53,931 to €23,609
- Taxes -€7,658
down €7,658 (-48.0%), from €15,947 to €8,289
- Financial income +€1,941
up €1,941 (+92.8%), from €2,092 to €4,033
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 | €182,083 | €185,422 | +€3,338 | +1.8% |
| Fixed assets | 21/28 | €696 | €1,718 | +€1,022 | +146.9% |
| Tangible fixed assets | 22/27 | €396 | €1,418 | +€1,022 | +258.1% |
| Plant, machinery and equipment | 23 | €396 | €0 | -€396 | -100.0% |
| Furniture and vehicles | 24 | - | €1,418 | +€1,418 | |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €181,387 | €183,703 | +€2,316 | +1.3% |
| Amounts receivable after more than one year | 29 | €36,173 | €58,687 | +€22,514 | +62.2% |
| Other amounts receivable | 291 | €36,173 | €58,687 | +€22,514 | +62.2% |
| Amounts receivable within one year | 40/41 | €64,524 | €49,148 | -€15,376 | -23.8% |
| Trade receivables | 40 | €37,009 | €16,123 | -€20,885 | -56.4% |
| Other amounts receivable | 41 | €27,516 | €33,025 | +€5,509 | +20.0% |
| Cash at bank and in hand | 54/58 | €78,617 | €63,825 | -€14,792 | -18.8% |
| Deferred charges and accrued income | 490/1 | €2,073 | €12,043 | +€9,970 | +481.0% |
| Total equity and liabilities | 10/49 | €182,083 | €185,422 | +€3,338 | +1.8% |
| Equity | 10/15 | €133,676 | €151,327 | +€17,652 | +13.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €115,076 | €132,727 | +€17,652 | +15.3% |
| Distributable reserves | 133 | €115,076 | €132,727 | +€17,652 | +15.3% |
| Amounts payable | 17/49 | €48,407 | €34,094 | -€14,313 | -29.6% |
| Amounts payable within one year | 42/48 | €48,407 | €33,235 | -€15,172 | -31.3% |
| Trade debts | 44 | €3,733 | €4,277 | +€544 | +14.6% |
| Suppliers | 440/4 | €3,733 | €4,277 | +€544 | +14.6% |
| Advances received on contracts in progress | 46 | €29,766 | €0 | -€29,766 | -100.0% |
| Taxes, remuneration and social security | 45 | €14,908 | €28,958 | +€14,050 | +94.2% |
| Taxes | 450/3 | €11,704 | €25,553 | +€13,849 | +118.3% |
| Remuneration and social security | 454/9 | €3,204 | €3,404 | +€201 | +6.3% |
| Accrued charges and deferred income | 492/3 | €0 | €859 | +€859 | |
| Remuneration, social security and pensions | 62 | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €792 | €547 | -€245 | -30.9% |
| Other operating charges | 640/8 | €617 | €654 | +€37 | +6.0% |
| Gross operating margin | 9900 | €53,931 | €23,609 | -€30,322 | -56.2% |
| Operating profit (loss) | 9901 | €52,523 | €22,408 | -€30,115 | -57.3% |
| Financial income | 75/76B | €2,092 | €4,033 | +€1,941 | +92.8% |
| Recurring financial income | 75 | €2,092 | €4,033 | +€1,941 | +92.8% |
| Financial charges | 65/66B | €1,037 | €501 | -€536 | -51.7% |
| Recurring financial charges | 65 | €1,037 | €501 | -€536 | -51.7% |
| Profit (loss) for the period before taxes | 9903 | €53,578 | €25,940 | -€27,638 | -51.6% |
| Income taxes | 67/77 | €15,947 | €8,289 | -€7,658 | -48.0% |
| Profit (loss) for the period | 9904 | €37,631 | €17,652 | -€19,980 | -53.1% |
| Profit (loss) for the period to be appropriated | 9905 | €37,631 | €17,652 | -€19,980 | -53.1% |
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 30 September 2026 via checked.be.