KITCHI: 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.
KITCHI
Largest movements
- Cash -€10,076
down €10,076 (-9.3%), from €108,297 to €98,221
mainly Contributions, distributions and other (-€22,953) and Tax, wage and social debts (-€5,212)
- Receivables within one year +€3,026
up €3,026 (+34.5%), from €8,758 to €11,784
of which Other amounts receivable: +€2,751
- Profit (loss) carried forward -€25,540
down €25,540 (-63.0%), from €40,540 to €15,000
- Other debts +€22,953
new in 2025: €22,953
- Tax, wage and social debts -€5,212
down €5,212 (-98.2%), from €5,306 to €94
- Gross operating margin -€19,685
down €19,685, from €17,990 to -€1,695
- Taxes -€3,438
down €3,438 (-100.0%), from €3,438 to €0
- Depreciation -€909
down €909 (-56.3%), from €1,615 to €706
- Other operating charges -€230
down €230 (-20.2%), from €1,137 to €908
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 | €122,099 | €114,383 | -€7,715 | -6.3% |
| Fixed assets | 21/28 | €3,378 | €2,673 | -€706 | -20.9% |
| Tangible fixed assets | 22/27 | €3,378 | €2,673 | -€706 | -20.9% |
| Land and buildings | 22 | €2,551 | €2,423 | -€127 | -5.0% |
| Plant, machinery and equipment | 23 | €590 | €249 | -€340 | -57.7% |
| Furniture and vehicles | 24 | €238 | €0 | -€238 | -100.0% |
| Current assets | 29/58 | €118,720 | €111,711 | -€7,010 | -5.9% |
| Stocks and contracts in progress | 3 | €780 | €837 | +€57 | +7.3% |
| Stocks | 30/36 | €780 | €837 | +€57 | +7.3% |
| Amounts receivable within one year | 40/41 | €8,758 | €11,784 | +€3,026 | +34.5% |
| Trade receivables | 40 | €0 | €275 | +€275 | |
| Other amounts receivable | 41 | €8,758 | €11,509 | +€2,751 | +31.4% |
| Cash at bank and in hand | 54/58 | €108,297 | €98,221 | -€10,076 | -9.3% |
| Deferred charges and accrued income | 490/1 | €885 | €869 | -€16 | -1.9% |
| Total equity and liabilities | 10/49 | €122,099 | €114,383 | -€7,715 | -6.3% |
| Equity | 10/15 | €116,317 | €90,777 | -€25,540 | -22.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €69,577 | €69,577 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Other | 1319 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €67,717 | €67,717 | = | 0.0% |
| Profit (loss) carried forward | 14 | €40,540 | €15,000 | -€25,540 | -63.0% |
| Amounts payable | 17/49 | €5,782 | €23,606 | +€17,824 | +308.3% |
| Amounts payable within one year | 42/48 | €5,782 | €23,606 | +€17,824 | +308.3% |
| Trade debts | 44 | €476 | €559 | +€84 | +17.6% |
| Suppliers | 440/4 | €476 | €559 | +€84 | +17.6% |
| Taxes, remuneration and social security | 45 | €5,306 | €94 | -€5,212 | -98.2% |
| Taxes | 450/3 | €5,306 | €94 | -€5,212 | -98.2% |
| Other amounts payable | 47/48 | - | €22,953 | +€22,953 | |
| Non-recurring operating income | 76A | €18,588 | €0 | -€18,588 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,615 | €706 | -€909 | -56.3% |
| Other operating charges | 640/8 | €1,137 | €908 | -€230 | -20.2% |
| Gross operating margin | 9900 | €17,990 | -€1,695 | -€19,685 | |
| Operating profit (loss) | 9901 | €15,238 | -€3,308 | -€18,546 | |
| Financial income | 75/76B | €929 | €990 | +€61 | +6.5% |
| Recurring financial income | 75 | €929 | €990 | +€61 | +6.5% |
| Financial charges | 65/66B | €302 | €269 | -€33 | -10.9% |
| Recurring financial charges | 65 | €302 | €269 | -€33 | -10.9% |
| Profit (loss) for the period before taxes | 9903 | €15,865 | -€2,587 | -€18,452 | |
| Income taxes | 67/77 | €3,438 | €0 | -€3,438 | -100.0% |
| Profit (loss) for the period | 9904 | €12,428 | -€2,587 | -€15,015 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,428 | -€2,587 | -€15,015 |
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 7 October 2026 via checked.be.