KITE: 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.
KITE
Largest movements
- Receivables within one year +€38,239
up €38,239 (+262.5%), from €14,566 to €52,805
of which Trade receivables: +€36,758
- Deferred charges and accrued income -€21,484
down €21,484 (-88.2%), from €24,356 to €2,872
- Cash -€15,225
down €15,225 (-10.1%), from €150,393 to €135,168
mainly Receivables within one year (-€38,239) and Trade debts (-€21,690)
- Trade debts -€21,690
no longer reported in 2025 (was €21,690)
- Other debts +€19,000
up €19,000 (+513.6%), from €3,699 to €22,699
- Profit (loss) carried forward +€7,644
up €7,644 (+18.0%), from €42,364 to €50,008
- Reserves -€5,000
down €5,000 (-4.7%), from €105,919 to €100,919
- Gross operating margin +€8,918
up €8,918 (+34.1%), from €26,144 to €35,063
- Taxes +€5,799
up €5,799 (+206.3%), from €2,810 to €8,609
- Financial income +€388
up €388 (+91.5%), from €424 to €811
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 | €194,154 | €195,001 | +€846 | +0.4% |
| Fixed assets | 21/28 | €4,839 | €4,155 | -€684 | -14.1% |
| Tangible fixed assets | 22/27 | €4,839 | €4,155 | -€684 | -14.1% |
| Furniture and vehicles | 24 | €4,839 | €4,155 | -€684 | -14.1% |
| Current assets | 29/58 | €189,315 | €190,845 | +€1,530 | +0.8% |
| Amounts receivable within one year | 40/41 | €14,566 | €52,805 | +€38,239 | +262.5% |
| Trade receivables | 40 | €14,419 | €51,177 | +€36,758 | +254.9% |
| Other amounts receivable | 41 | €147 | €1,629 | +€1,482 | +1010.6% |
| Cash at bank and in hand | 54/58 | €150,393 | €135,168 | -€15,225 | -10.1% |
| Deferred charges and accrued income | 490/1 | €24,356 | €2,872 | -€21,484 | -88.2% |
| Total equity and liabilities | 10/49 | €194,154 | €195,001 | +€846 | +0.4% |
| Equity | 10/15 | €160,683 | €163,327 | +€2,644 | +1.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €105,919 | €100,919 | -€5,000 | -4.7% |
| Distributable reserves | 133 | €105,919 | €100,919 | -€5,000 | -4.7% |
| Profit (loss) carried forward | 14 | €42,364 | €50,008 | +€7,644 | +18.0% |
| Amounts payable | 17/49 | €33,472 | €31,674 | -€1,798 | -5.4% |
| Amounts payable within one year | 42/48 | €28,223 | €26,425 | -€1,798 | -6.4% |
| Trade debts | 44 | €21,690 | - | -€21,690 | |
| Suppliers | 440/4 | €21,690 | - | -€21,690 | |
| Taxes, remuneration and social security | 45 | €2,833 | €3,725 | +€892 | +31.5% |
| Taxes | 450/3 | €2,833 | €3,725 | +€892 | +31.5% |
| Other amounts payable | 47/48 | €3,699 | €22,699 | +€19,000 | +513.6% |
| Accrued charges and deferred income | 492/3 | €5,249 | €5,249 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,336 | €3,078 | -€258 | -7.7% |
| Other operating charges | 640/8 | €537 | €536 | -€1 | -0.1% |
| Gross operating margin | 9900 | €26,144 | €35,063 | +€8,918 | +34.1% |
| Operating profit (loss) | 9901 | €22,272 | €31,449 | +€9,178 | +41.2% |
| Financial income | 75/76B | €424 | €811 | +€388 | +91.5% |
| Recurring financial income | 75 | €424 | €811 | +€388 | +91.5% |
| Financial charges | 65/66B | €351 | €208 | -€143 | -40.8% |
| Recurring financial charges | 65 | €351 | €208 | -€143 | -40.8% |
| Profit (loss) for the period before taxes | 9903 | €22,345 | €32,053 | +€9,708 | +43.4% |
| Income taxes | 67/77 | €2,810 | €8,609 | +€5,799 | +206.3% |
| Profit (loss) for the period | 9904 | €19,534 | €23,444 | +€3,910 | +20.0% |
| Profit (loss) for the period to be appropriated | 9905 | €19,534 | €23,444 | +€3,910 | +20.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.