KITO: 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.
KITO
Largest movements
- Receivables within one year -€26,620
down €26,620 (-24.9%), from €107,100 to €80,480
- Cash -€14,524
down €14,524 (-29.6%), from €49,000 to €34,476
mainly Contributions, distributions and other (-€83,952) and Trade debts (-€35,769)
- Trade debts -€35,769
down €35,769 (-57.7%), from €62,007 to €26,238
- Other debts -€7,830
down €7,830 (-8.3%), from €94,061 to €86,231
- Financial income -€6,107
down €6,107 (-83.0%), from €7,360 to €1,253
- Taxes -€1,440
down €1,440 (-4.9%), from €29,302 to €27,863
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €223,084 | €181,342 | -€41,743 | -18.7% |
| Current assets | 29/58 | €223,084 | €181,342 | -€41,743 | -18.7% |
| Amounts receivable after more than one year | 29 | €63,688 | €62,878 | -€810 | -1.3% |
| Other amounts receivable | 291 | €63,688 | €62,878 | -€810 | -1.3% |
| Amounts receivable within one year | 40/41 | €107,100 | €80,480 | -€26,620 | -24.9% |
| Trade receivables | 40 | €107,100 | €80,480 | -€26,620 | -24.9% |
| Cash at bank and in hand | 54/58 | €49,000 | €34,476 | -€14,524 | -29.6% |
| Deferred charges and accrued income | 490/1 | €3,296 | €3,508 | +€212 | +6.4% |
| Total equity and liabilities | 10/49 | €223,084 | €181,342 | -€41,743 | -18.7% |
| Equity | 10/15 | €5,000 | €5,000 | = | 0.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Amounts payable | 17/49 | €218,084 | €176,342 | -€41,743 | -19.1% |
| Amounts payable within one year | 42/48 | €218,084 | €176,342 | -€41,743 | -19.1% |
| Trade debts | 44 | €62,007 | €26,238 | -€35,769 | -57.7% |
| Suppliers | 440/4 | €62,007 | €26,238 | -€35,769 | -57.7% |
| Taxes, remuneration and social security | 45 | €62,016 | €63,873 | +€1,856 | +3.0% |
| Taxes | 450/3 | €62,016 | €63,873 | +€1,856 | +3.0% |
| Other amounts payable | 47/48 | €94,061 | €86,231 | -€7,830 | -8.3% |
| Other operating charges | 640/8 | €1,693 | €1,340 | -€353 | -20.8% |
| Gross operating margin | 9900 | €113,475 | €112,606 | -€869 | -0.8% |
| Operating profit (loss) | 9901 | €111,781 | €111,265 | -€516 | -0.5% |
| Financial income | 75/76B | €7,360 | €1,253 | -€6,107 | -83.0% |
| Recurring financial income | 75 | €7,360 | €1,253 | -€6,107 | -83.0% |
| Financial charges | 65/66B | €710 | €704 | -€6 | -0.9% |
| Recurring financial charges | 65 | €710 | €704 | -€6 | -0.9% |
| Profit (loss) for the period before taxes | 9903 | €118,431 | €111,815 | -€6,617 | -5.6% |
| Income taxes | 67/77 | €29,302 | €27,863 | -€1,440 | -4.9% |
| Profit (loss) for the period | 9904 | €89,129 | €83,952 | -€5,177 | -5.8% |
| Profit (loss) for the period to be appropriated | 9905 | €89,129 | €83,952 | -€5,177 | -5.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.