Kit-It: 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.
Kit-It
Largest movements
- Tangible fixed assets +€36,018
up €36,018 (+52.4%), from €68,694 to €104,712
of which Furniture and vehicles: +€36,425
- Cash -€20,550
down €20,550 (-66.0%), from €31,140 to €10,590
mainly Investment in fixed assets (net) (-€56,455) and Net result for the year (-€34,984)
- Receivables within one year +€8,011
up €8,011 (+6.5%), from €122,513 to €130,524
of which Other amounts receivable: +€7,059
- Deferred charges and accrued income +€3,048
up €3,048 (+233%), from €1,306 to €4,355
- Trade debts +€64,540
up €64,540 (+308%), from €20,921 to €85,461
- Profit (loss) carried forward -€34,984
new in 2025: -€34,984
- Other debts -€18,190
down €18,190 (-76.2%), from €23,858 to €5,668
- Debts after one year +€10,316
up €10,316 (+18.6%), from €55,372 to €65,689
- Current portion of long-term debt +€6,773
up €6,773 (+41.5%), from €16,312 to €23,085
- Gross operating margin -€110,701
down €110,701, from €102,119 to -€8,582
- Taxes -€19,967
no longer reported in 2025 (was €19,967)
- Depreciation +€2,474
up €2,474 (+15.2%), from €16,313 to €18,787
- Other operating charges +€1,952
up €1,952 (+146%), from €1,341 to €3,293
- Write-downs +€1,632
new in 2025: €1,632
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 | €225,718 | €254,108 | +€28,391 | +12.6% |
| Fixed assets | 21/28 | €68,694 | €106,362 | +€37,668 | +54.8% |
| Tangible fixed assets | 22/27 | €68,694 | €104,712 | +€36,018 | +52.4% |
| Plant, machinery and equipment | 23 | €1,540 | €1,133 | -€407 | -26.4% |
| Furniture and vehicles | 24 | €67,154 | €103,579 | +€36,425 | +54.2% |
| Financial fixed assets | 28 | - | €1,650 | +€1,650 | |
| Current assets | 29/58 | €157,024 | €147,747 | -€9,278 | -5.9% |
| Stocks and contracts in progress | 3 | €2,065 | €2,278 | +€213 | +10.3% |
| Stocks | 30/36 | €2,065 | €2,278 | +€213 | +10.3% |
| Amounts receivable within one year | 40/41 | €122,513 | €130,524 | +€8,011 | +6.5% |
| Trade receivables | 40 | €110,892 | €111,844 | +€953 | +0.9% |
| Other amounts receivable | 41 | €11,621 | €18,680 | +€7,059 | +60.7% |
| Cash at bank and in hand | 54/58 | €31,140 | €10,590 | -€20,550 | -66.0% |
| Deferred charges and accrued income | 490/1 | €1,306 | €4,355 | +€3,048 | +233% |
| Total equity and liabilities | 10/49 | €225,718 | €254,108 | +€28,391 | +12.6% |
| Equity | 10/15 | €106,486 | €71,501 | -€34,984 | -32.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €101,486 | €101,486 | = | 0.0% |
| Distributable reserves | 133 | €101,486 | €101,486 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€34,984 | -€34,984 | |
| Amounts payable | 17/49 | €119,232 | €182,607 | +€63,375 | +53.2% |
| Amounts payable after more than one year | 17 | €55,372 | €65,689 | +€10,316 | +18.6% |
| Financial debts | 170/4 | €55,372 | €65,689 | +€10,316 | +18.6% |
| Amounts payable within one year | 42/48 | €63,776 | €116,898 | +€53,123 | +83.3% |
| Current portion of amounts payable after more than one year | 42 | €16,312 | €23,085 | +€6,773 | +41.5% |
| Trade debts | 44 | €20,921 | €85,461 | +€64,540 | +308% |
| Suppliers | 440/4 | €20,921 | €85,461 | +€64,540 | +308% |
| Taxes, remuneration and social security | 45 | €2,685 | €2,685 | = | 0.0% |
| Taxes | 450/3 | €2,685 | €2,685 | = | 0.0% |
| Other amounts payable | 47/48 | €23,858 | €5,668 | -€18,190 | -76.2% |
| Accrued charges and deferred income | 492/3 | €84 | €20 | -€64 | -76.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,313 | €18,787 | +€2,474 | +15.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,632 | +€1,632 | |
| Other operating charges | 640/8 | €1,341 | €3,293 | +€1,952 | +146% |
| Gross operating margin | 9900 | €102,119 | -€8,582 | -€110,701 | |
| Operating profit (loss) | 9901 | €84,466 | -€32,293 | -€116,759 | |
| Financial income | 75/76B | €111 | €628 | +€517 | +465% |
| Recurring financial income | 75 | €111 | €628 | +€517 | +465% |
| Financial charges | 65/66B | €3,658 | €3,319 | -€339 | -9.3% |
| Recurring financial charges | 65 | €3,658 | €3,319 | -€339 | -9.3% |
| Profit (loss) for the period before taxes | 9903 | €80,919 | -€34,984 | -€115,903 | |
| Income taxes | 67/77 | €19,967 | - | -€19,967 | |
| Profit (loss) for the period | 9904 | €60,953 | -€34,984 | -€95,937 | |
| Profit (loss) for the period to be appropriated | 9905 | €60,953 | -€34,984 | -€95,937 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.