Kit's: 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's
Largest movements
- Receivables within one year -€136,125
no longer reported in 2025 (was €136,125)
- Tangible fixed assets -€28,817
down €28,817 (-3.3%), from €860,770 to €831,953
of which Land and buildings: -€27,225
- Trade debts -€136,125
no longer reported in 2025 (was €136,125)
- Other debts -€49,073
down €49,073 (-10.9%), from €449,181 to €400,108
- Debts after one year +€24,573
up €24,573 (+4.6%), from €536,038 to €560,611
of which Other amounts payable: +€24,573
- Accrued charges and deferred income -€18,750
no longer reported in 2025 (was €18,750)
- Gross operating margin +€23,064
up €23,064 (+150%), from €15,351 to €38,415
- Depreciation +€8,126
up €8,126 (+39.3%), from €20,691 to €28,817
- Financial charges -€6,106
down €6,106 (-97.9%), from €6,236 to €130
- Other operating charges +€2,515
up €2,515 (+210%), from €1,198 to €3,713
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 | €1,054,310 | €880,689 | -€173,621 | -16.5% |
| Fixed assets | 21/28 | €860,770 | €831,953 | -€28,817 | -3.3% |
| Tangible fixed assets | 22/27 | €860,770 | €831,953 | -€28,817 | -3.3% |
| Land and buildings | 22 | €853,714 | €826,489 | -€27,225 | -3.2% |
| Plant, machinery and equipment | 23 | €7,057 | €5,464 | -€1,592 | -22.6% |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Current assets | 29/58 | €193,539 | €48,736 | -€144,803 | -74.8% |
| Amounts receivable within one year | 40/41 | €136,125 | - | -€136,125 | |
| Other amounts receivable | 41 | €136,125 | - | -€136,125 | |
| Cash at bank and in hand | 54/58 | €2,414 | €403 | -€2,011 | -83.3% |
| Deferred charges and accrued income | 490/1 | €55,000 | €48,333 | -€6,667 | -12.1% |
| Total equity and liabilities | 10/49 | €1,054,310 | €880,689 | -€173,621 | -16.5% |
| Equity | 10/15 | -€85,784 | -€80,030 | +€5,754 | +6.7% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €4,701 | €4,701 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,701 | - | -€4,701 | |
| Reserves not available under the articles | 1311 | €4,701 | - | -€4,701 | |
| Distributable reserves | 133 | - | €4,701 | +€4,701 | |
| Profit (loss) carried forward | 14 | -€140,486 | -€134,731 | +€5,754 | +4.1% |
| Amounts payable | 17/49 | €1,140,094 | €960,719 | -€179,375 | -15.7% |
| Amounts payable after more than one year | 17 | €536,038 | €560,611 | +€24,573 | +4.6% |
| Financial debts | 170/4 | €0 | - | = | |
| Other amounts payable | 178/9 | €536,038 | €560,611 | +€24,573 | +4.6% |
| Amounts payable within one year | 42/48 | €585,306 | €400,108 | -€185,198 | -31.6% |
| Trade debts | 44 | €136,125 | - | -€136,125 | |
| Suppliers | 440/4 | €136,125 | - | -€136,125 | |
| Other amounts payable | 47/48 | €449,181 | €400,108 | -€49,073 | -10.9% |
| Accrued charges and deferred income | 492/3 | €18,750 | - | -€18,750 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,691 | €28,817 | +€8,126 | +39.3% |
| Other operating charges | 640/8 | €1,198 | €3,713 | +€2,515 | +210% |
| Gross operating margin | 9900 | €15,351 | €38,415 | +€23,064 | +150% |
| Operating profit (loss) | 9901 | -€6,538 | €5,884 | +€12,423 | |
| Financial charges | 65/66B | €6,236 | €130 | -€6,106 | -97.9% |
| Recurring financial charges | 65 | €6,236 | €130 | -€6,106 | -97.9% |
| Profit (loss) for the period before taxes | 9903 | -€12,774 | €5,754 | +€18,529 | |
| Profit (loss) for the period | 9904 | -€12,774 | €5,754 | +€18,529 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,774 | €5,754 | +€18,529 |
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 14 October 2026 via checked.be.