KILT: 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.
KILT
Largest movements
- Tangible fixed assets -€46,180
down €46,180 (-10.7%), from €431,244 to €385,064
of which Plant, machinery and equipment: -€30,920
- Debts after one year -€49,565
down €49,565 (-14.3%), from €345,986 to €296,422
- Trade debts +€5,370
up €5,370 (+219%), from €2,456 to €7,826
- Depreciation +€9,980
up €9,980 (+24.7%), from €40,447 to €50,427
- Gross operating margin +€9,563
up €9,563 (+17.7%), from €53,889 to €63,452
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 | €469,885 | €427,284 | -€42,601 | -9.1% |
| Fixed assets | 21/28 | €431,244 | €385,064 | -€46,180 | -10.7% |
| Tangible fixed assets | 22/27 | €431,244 | €385,064 | -€46,180 | -10.7% |
| Land and buildings | 22 | €328,361 | €313,102 | -€15,260 | -4.6% |
| Plant, machinery and equipment | 23 | €102,883 | €71,963 | -€30,920 | -30.1% |
| Current assets | 29/58 | €38,640 | €42,220 | +€3,579 | +9.3% |
| Amounts receivable after more than one year | 29 | €25,000 | €25,000 | = | 0.0% |
| Other amounts receivable | 291 | €25,000 | €25,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €2,839 | €6,969 | +€4,130 | +145% |
| Other amounts receivable | 41 | €2,839 | €6,969 | +€4,130 | +145% |
| Cash at bank and in hand | 54/58 | €10,801 | €10,251 | -€550 | -5.1% |
| Total equity and liabilities | 10/49 | €469,885 | €427,284 | -€42,601 | -9.1% |
| Equity | 10/15 | €78,256 | €78,661 | +€405 | +0.5% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €6,197 | €6,197 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,197 | €6,197 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,086 | €10,490 | +€405 | +4.0% |
| Amounts payable | 17/49 | €391,629 | €348,623 | -€43,005 | -11.0% |
| Amounts payable after more than one year | 17 | €345,986 | €296,422 | -€49,565 | -14.3% |
| Financial debts | 170/4 | €345,986 | €296,422 | -€49,565 | -14.3% |
| Amounts payable within one year | 42/48 | €45,642 | €52,202 | +€6,559 | +14.4% |
| Current portion of amounts payable after more than one year | 42 | €33,754 | €34,565 | +€811 | +2.4% |
| Trade debts | 44 | €2,456 | €7,826 | +€5,370 | +219% |
| Suppliers | 440/4 | €2,456 | €7,826 | +€5,370 | +219% |
| Taxes, remuneration and social security | 45 | €369 | €147 | -€221 | -60.0% |
| Taxes | 450/3 | €369 | €147 | -€221 | -60.0% |
| Other amounts payable | 47/48 | €9,064 | €9,664 | +€600 | +6.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,447 | €50,427 | +€9,980 | +24.7% |
| Other operating charges | 640/8 | €4,569 | €4,712 | +€143 | +3.1% |
| Gross operating margin | 9900 | €53,889 | €63,452 | +€9,563 | +17.7% |
| Operating profit (loss) | 9901 | €8,873 | €8,313 | -€560 | -6.3% |
| Financial income | 75/76B | €286 | €266 | -€20 | -7.0% |
| Recurring financial income | 75 | €286 | €266 | -€20 | -7.0% |
| Financial charges | 65/66B | €8,417 | €8,026 | -€391 | -4.6% |
| Recurring financial charges | 65 | €8,417 | €8,026 | -€391 | -4.6% |
| Profit (loss) for the period before taxes | 9903 | €741 | €552 | -€189 | -25.5% |
| Income taxes | 67/77 | €369 | €147 | -€221 | -60.0% |
| Profit (loss) for the period | 9904 | €373 | €405 | +€32 | +8.6% |
| Profit (loss) for the period to be appropriated | 9905 | €373 | €405 | +€32 | +8.6% |
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 17 October 2026 via checked.be.