KITECO: 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.
KITECO
Largest movements
- Cash -€11,071
down €11,071 (-86.0%), from €12,870 to €1,799
mainly Receivables within one year (-€7,225) and Trade debts (-€5,353)
- Receivables within one year +€7,225
up €7,225 (+21.9%), from €33,064 to €40,288
of which Other amounts receivable: +€11,069
- Trade debts -€5,353
down €5,353 (-30.3%), from €17,646 to €12,293
- Other debts +€1,634
up €1,634 (+9.9%), from €16,567 to €18,201
- Gross operating margin +€2,605
up €2,605, from -€2,536 to €69
- Taxes +€174
new in 2025: €174
- Other operating charges +€150
new in 2025: €150
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 | €45,934 | €42,087 | -€3,846 | -8.4% |
| Current assets | 29/58 | €45,934 | €42,087 | -€3,846 | -8.4% |
| Amounts receivable within one year | 40/41 | €33,064 | €40,288 | +€7,225 | +21.9% |
| Trade receivables | 40 | €7,590 | €3,746 | -€3,844 | -50.6% |
| Other amounts receivable | 41 | €25,474 | €36,543 | +€11,069 | +43.5% |
| Cash at bank and in hand | 54/58 | €12,870 | €1,799 | -€11,071 | -86.0% |
| Total equity and liabilities | 10/49 | €45,934 | €42,087 | -€3,846 | -8.4% |
| Equity | 10/15 | €11,720 | €11,420 | -€301 | -2.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,720 | €6,420 | -€301 | -4.5% |
| Amounts payable | 17/49 | €34,213 | €30,668 | -€3,545 | -10.4% |
| Amounts payable within one year | 42/48 | €34,213 | €30,668 | -€3,545 | -10.4% |
| Trade debts | 44 | €17,646 | €12,293 | -€5,353 | -30.3% |
| Suppliers | 440/4 | €17,646 | €12,293 | -€5,353 | -30.3% |
| Taxes, remuneration and social security | 45 | - | €174 | +€174 | |
| Taxes | 450/3 | - | €174 | +€174 | |
| Other amounts payable | 47/48 | €16,567 | €18,201 | +€1,634 | +9.9% |
| Other operating charges | 640/8 | - | €150 | +€150 | |
| Gross operating margin | 9900 | -€2,536 | €69 | +€2,605 | |
| Operating profit (loss) | 9901 | -€2,536 | -€81 | +€2,455 | +96.8% |
| Financial charges | 65/66B | €46 | €46 | = | 0.0% |
| Recurring financial charges | 65 | €46 | €46 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€2,582 | -€127 | +€2,455 | +95.1% |
| Income taxes | 67/77 | - | €174 | +€174 | |
| Profit (loss) for the period | 9904 | -€2,582 | -€301 | +€2,281 | +88.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,582 | -€301 | +€2,281 | +88.3% |
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 10 October 2026 via checked.be.