KITMO: 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.
KITMO
Largest movements
- Cash +€77,411
up €77,411 (+35.2%), from €220,198 to €297,609
mainly Other debts (+€90,348) and Net result for the year (+€69,112)
- Receivables after one year -€49,250
down €49,250 (-100.0%), from €49,250 to €0
- Tangible fixed assets -€14,750
down €14,750 (-47.2%), from €31,223 to €16,473
- Other debts +€90,348
up €90,348 (+14712.3%), from €614 to €90,962
- Reserves -€80,549
down €80,549 (-26.7%), from €301,397 to €220,849
- Tax, wage and social debts +€5,223
up €5,223 (+65.2%), from €8,006 to €13,229
of which Taxes: +€3,553
- Taxes +€4,274
up €4,274 (+15.0%), from €28,454 to €32,728
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 | €315,179 | €330,089 | +€14,910 | +4.7% |
| Fixed assets | 21/28 | €31,223 | €16,473 | -€14,750 | -47.2% |
| Tangible fixed assets | 22/27 | €31,223 | €16,473 | -€14,750 | -47.2% |
| Furniture and vehicles | 24 | €31,223 | €16,473 | -€14,750 | -47.2% |
| Current assets | 29/58 | €283,956 | €313,616 | +€29,660 | +10.4% |
| Amounts receivable after more than one year | 29 | €49,250 | €0 | -€49,250 | -100.0% |
| Other amounts receivable | 291 | €49,250 | €0 | -€49,250 | -100.0% |
| Amounts receivable within one year | 40/41 | €14,226 | €15,723 | +€1,497 | +10.5% |
| Trade receivables | 40 | €14,226 | €13,340 | -€886 | -6.2% |
| Other amounts receivable | 41 | - | €2,383 | +€2,383 | |
| Cash at bank and in hand | 54/58 | €220,198 | €297,609 | +€77,411 | +35.2% |
| Deferred charges and accrued income | 490/1 | €282 | €284 | +€2 | +0.6% |
| Total equity and liabilities | 10/49 | €315,179 | €330,089 | +€14,910 | +4.7% |
| Equity | 10/15 | €306,397 | €225,849 | -€80,549 | -26.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €301,397 | €220,849 | -€80,549 | -26.7% |
| Distributable reserves | 133 | €301,397 | €220,849 | -€80,549 | -26.7% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €8,782 | €104,240 | +€95,458 | +1087.0% |
| Amounts payable within one year | 42/48 | €8,782 | €104,240 | +€95,458 | +1087.0% |
| Trade debts | 44 | €162 | €49 | -€113 | -69.9% |
| Suppliers | 440/4 | €162 | €49 | -€113 | -69.9% |
| Taxes, remuneration and social security | 45 | €8,006 | €13,229 | +€5,223 | +65.2% |
| Taxes | 450/3 | €8,006 | €11,559 | +€3,553 | +44.4% |
| Remuneration and social security | 454/9 | - | €1,669 | +€1,669 | |
| Other amounts payable | 47/48 | €614 | €90,962 | +€90,348 | +14712.3% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,750 | €14,750 | +€0 | 0.0% |
| Other operating charges | 640/8 | €387 | €250 | -€137 | -35.5% |
| Gross operating margin | 9900 | €117,365 | €116,304 | -€1,060 | -0.9% |
| Operating profit (loss) | 9901 | €102,227 | €101,304 | -€923 | -0.9% |
| Financial income | 75/76B | €622 | €614 | -€8 | -1.3% |
| Recurring financial income | 75 | €622 | €614 | -€8 | -1.3% |
| Financial charges | 65/66B | €69 | €78 | +€9 | +12.8% |
| Recurring financial charges | 65 | €69 | €78 | +€9 | +12.8% |
| Profit (loss) for the period before taxes | 9903 | €102,781 | €101,840 | -€940 | -0.9% |
| Income taxes | 67/77 | €28,454 | €32,728 | +€4,274 | +15.0% |
| Profit (loss) for the period | 9904 | €74,326 | €69,112 | -€5,215 | -7.0% |
| Profit (loss) for the period to be appropriated | 9905 | €74,326 | €69,112 | -€5,215 | -7.0% |
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 9 October 2026 via checked.be.