Kitefox: 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.
Kitefox
Largest movements
- Cash +€60,994
up €60,994 (+185.7%), from €32,840 to €93,835
mainly Net result for the year (+€85,379) and Accrued charges and deferred income (+€2,422)
- Receivables within one year +€6,339
up €6,339 (+122.9%), from €5,157 to €11,496
of which Other amounts receivable: +€11,496
- Profit (loss) carried forward +€85,379
up €85,379 (+840.3%), from €10,160 to €95,539
- Trade debts -€17,811
down €17,811 (-97.8%), from €18,211 to €400
- Tax, wage and social debts -€2,656
down €2,656 (-36.0%), from €7,370 to €4,714
- Accrued charges and deferred income +€2,422
up €2,422 (+10093.4%), from €24 to €2,446
- Gross operating margin +€73,698
up €73,698 (+169.4%), from €43,494 to €117,192
- Staff costs -€27,368
no longer reported in 2025 (was €27,368)
- Taxes +€23,947
up €23,947 (+508.0%), from €4,714 to €28,661
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 | €37,997 | €105,331 | +€67,334 | +177.2% |
| Current assets | 29/58 | €37,997 | €105,331 | +€67,334 | +177.2% |
| Amounts receivable within one year | 40/41 | €5,157 | €11,496 | +€6,339 | +122.9% |
| Trade receivables | 40 | €5,157 | - | -€5,157 | |
| Other amounts receivable | 41 | - | €11,496 | +€11,496 | |
| Cash at bank and in hand | 54/58 | €32,840 | €93,835 | +€60,994 | +185.7% |
| Total equity and liabilities | 10/49 | €37,997 | €105,331 | +€67,334 | +177.2% |
| Equity | 10/15 | €12,392 | €97,771 | +€85,379 | +689.0% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €732 | €732 | = | 0.0% |
| Non-distributable reserves | 130/1 | €732 | €732 | = | 0.0% |
| Reserves not available under the articles | 1311 | €732 | €732 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,160 | €95,539 | +€85,379 | +840.3% |
| Amounts payable | 17/49 | €25,605 | €7,560 | -€18,045 | -70.5% |
| Amounts payable within one year | 42/48 | €25,581 | €5,114 | -€20,467 | -80.0% |
| Trade debts | 44 | €18,211 | €400 | -€17,811 | -97.8% |
| Suppliers | 440/4 | €18,211 | €400 | -€17,811 | -97.8% |
| Taxes, remuneration and social security | 45 | €7,370 | €4,714 | -€2,656 | -36.0% |
| Taxes | 450/3 | €7,370 | €4,714 | -€2,656 | -36.0% |
| Accrued charges and deferred income | 492/3 | €24 | €2,446 | +€2,422 | +10093.4% |
| Remuneration, social security and pensions | 62 | €27,368 | - | -€27,368 | |
| Other operating charges | 640/8 | €754 | €465 | -€289 | -38.3% |
| Non-recurring operating charges | 66A | - | €2,446 | +€2,446 | |
| Gross operating margin | 9900 | €43,494 | €117,192 | +€73,698 | +169.4% |
| Operating profit (loss) | 9901 | €15,372 | €114,280 | +€98,908 | +643.4% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €1,214 | €241 | -€973 | -80.2% |
| Recurring financial charges | 65 | €1,214 | €241 | -€973 | -80.2% |
| Profit (loss) for the period before taxes | 9903 | €14,159 | €114,039 | +€99,880 | +705.4% |
| Income taxes | 67/77 | €4,714 | €28,661 | +€23,947 | +508.0% |
| Profit (loss) for the period | 9904 | €9,445 | €85,379 | +€75,934 | +804.0% |
| Profit (loss) for the period to be appropriated | 9905 | €9,445 | €85,379 | +€75,934 | +804.0% |
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 30 September 2026 via checked.be.