KITE Management Consulting: what changed
What changed
KITE Management Consulting
NACE 27.402, Manufacture of electrical equipment
filed annual accounts (NBB)
Net result for the year
€155,277
2024 · €142,180+€13,097
Equity
€607,199
2024 · €456,512+€150,687
Cash
€119,028
2024 · €478,138-€359,110
Balance sheet total
€693,134
2024 · €543,125+€150,009
Largest movements
Assets
- Current investments +€400,070
new in 2025: €400,070
- Cash -€359,110
down €359,110 (-75.1%), from €478,138 to €119,028
mainly Current investments (-€400,070) and Receivables within one year (-€108,900)
- Receivables within one year +€108,900
up €108,900 (+224%), from €48,620 to €157,520
Equity and liabilities
- Reserves +€150,680
up €150,680 (+38.8%), from €388,792 to €539,472
of which Distributable reserves: +€87,530
Income statement
- Gross operating margin +€16,084
up €16,084 (+8.2%), from €196,606 to €212,690
- Taxes +€4,476
up €4,476 (+8.4%), from €53,224 to €57,700
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€142,180
Gross operating margin
+€16,084
Depreciation
+€4
Other operating charges
-€340
Financial income
+€1,500
Financial charges
+€325
Taxes
-€4,476
Result 2025
€155,277
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€47,290
Investment
-€401,810
Financing
-€4,590
Cash 2024
€478,138
From operations (derived)
+€47,290
Net result for the year
+€155,277
Depreciation
+€405
Receivables within one year
-€108,900
Deferred charges and accrued income
+€1,185
Trade debts
-€492
Tax, wage and social debts
-€3,110
Other debts
+€2,924
Investment (derived)
-€401,810
Investment in fixed assets (net)
-€1,740
Current investments
-€400,070
Financing
-€4,590
Contributions, distributions and other
-€4,590
Cash 2025
€119,028
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €543,125 | €693,134 | +€150,009 | +27.6% |
| Fixed assets | 21/28 | €14,517 | €15,852 | +€1,335 | +9.2% |
| Tangible fixed assets | 22/27 | €2,517 | €3,852 | +€1,335 | +53.0% |
| Plant, machinery and equipment | 23 | €258 | €1,652 | +€1,394 | +540% |
| Furniture and vehicles | 24 | €2,259 | €2,200 | -€59 | -2.6% |
| Financial fixed assets | 28 | €12,000 | €12,000 | = | 0.0% |
| Current assets | 29/58 | €528,608 | €677,282 | +€148,675 | +28.1% |
| Amounts receivable within one year | 40/41 | €48,620 | €157,520 | +€108,900 | +224% |
| Trade receivables | 40 | €48,620 | €157,520 | +€108,900 | +224% |
| Current investments | 50/53 | - | €400,070 | +€400,070 | |
| Cash at bank and in hand | 54/58 | €478,138 | €119,028 | -€359,110 | -75.1% |
| Deferred charges and accrued income | 490/1 | €1,849 | €664 | -€1,185 | -64.1% |
| Total equity and liabilities | 10/49 | €543,125 | €693,134 | +€150,009 | +27.6% |
| Equity | 10/15 | €456,512 | €607,199 | +€150,687 | +33.0% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Reserves | 13 | €388,792 | €539,472 | +€150,680 | +38.8% |
| Tax-exempt reserves | 132 | €131,563 | €194,713 | +€63,150 | +48.0% |
| Distributable reserves | 133 | €257,229 | €344,759 | +€87,530 | +34.0% |
| Profit (loss) carried forward | 14 | €59,660 | €59,667 | +€7 | 0.0% |
| Amounts payable | 17/49 | €86,613 | €85,935 | -€678 | -0.8% |
| Amounts payable within one year | 42/48 | €86,613 | €85,935 | -€678 | -0.8% |
| Trade debts | 44 | €2,000 | €1,508 | -€492 | -24.6% |
| Suppliers | 440/4 | €2,000 | €1,508 | -€492 | -24.6% |
| Taxes, remuneration and social security | 45 | €38,226 | €35,117 | -€3,110 | -8.1% |
| Taxes | 450/3 | €34,976 | €31,867 | -€3,110 | -8.9% |
| Remuneration and social security | 454/9 | €3,250 | €3,250 | = | 0.0% |
| Other amounts payable | 47/48 | €46,386 | €49,311 | +€2,924 | +6.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €409 | €405 | -€4 | -1.0% |
| Other operating charges | 640/8 | €952 | €1,292 | +€340 | +35.7% |
| Gross operating margin | 9900 | €196,606 | €212,690 | +€16,084 | +8.2% |
| Operating profit (loss) | 9901 | €195,244 | €210,993 | +€15,748 | +8.1% |
| Financial income | 75/76B | €3,499 | €4,998 | +€1,500 | +42.9% |
| Recurring financial income | 75 | €3,499 | €4,998 | +€1,500 | +42.9% |
| Financial charges | 65/66B | €3,339 | €3,015 | -€325 | -9.7% |
| Recurring financial charges | 65 | €3,339 | €3,015 | -€325 | -9.7% |
| Profit (loss) for the period before taxes | 9903 | €195,404 | €212,977 | +€17,573 | +9.0% |
| Income taxes | 67/77 | €53,224 | €57,700 | +€4,476 | +8.4% |
| Profit (loss) for the period | 9904 | €142,180 | €155,277 | +€13,097 | +9.2% |
| Transfer to tax-exempt reserves | 689 | €50,520 | €63,150 | +€12,630 | +25.0% |
| Profit (loss) for the period to be appropriated | 9905 | €91,660 | €92,127 | +€467 | +0.5% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.