KiToHo: 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.
KiToHo
Largest movements
- Tangible fixed assets +€77,100
up €77,100 (+96.5%), from €79,925 to €157,025
of which Furniture and vehicles: +€57,804
- Cash +€55,118
up €55,118 (+139.9%), from €39,408 to €94,526
mainly Debts after one year (+€42,332) and Depreciation (+€37,413)
- Receivables within one year -€33,057
down €33,057 (-56.5%), from €58,456 to €25,399
of which Trade receivables: -€22,429
- Debts after one year +€42,332
new in 2025: €42,332
- Reserves +€24,760
up €24,760 (+15.2%), from €162,602 to €187,362
- Other debts +€23,290
new in 2025: €23,290
- Current portion of long-term debt +€12,203
new in 2025: €12,203
- Trade debts -€3,030
down €3,030 (-92.3%), from €3,282 to €253
- Depreciation +€24,875
up €24,875 (+198.4%), from €12,537 to €37,413
- Taxes -€6,721
down €6,721 (-27.9%), from €24,086 to €17,365
- Gross operating margin +€5,654
up €5,654 (+6.4%), from €87,813 to €93,467
- Financial charges +€1,360
up €1,360 (+454.4%), from €299 to €1,659
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 | €178,020 | €277,527 | +€99,507 | +55.9% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €79,925 | €157,025 | +€77,100 | +96.5% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €79,925 | €157,025 | +€77,100 | +96.5% |
| Plant, machinery and equipment | 23 | €16,986 | €10,579 | -€6,407 | -37.7% |
| Furniture and vehicles | 24 | - | €57,804 | +€57,804 | |
| Other tangible fixed assets | 26 | €62,939 | €88,643 | +€25,704 | +40.8% |
| Current assets | 29/58 | €98,095 | €120,502 | +€22,407 | +22.8% |
| Amounts receivable within one year | 40/41 | €58,456 | €25,399 | -€33,057 | -56.5% |
| Trade receivables | 40 | €45,194 | €22,764 | -€22,429 | -49.6% |
| Other amounts receivable | 41 | €13,262 | €2,635 | -€10,628 | -80.1% |
| Cash at bank and in hand | 54/58 | €39,408 | €94,526 | +€55,118 | +139.9% |
| Deferred charges and accrued income | 490/1 | €231 | €577 | +€346 | +149.9% |
| Total equity and liabilities | 10/49 | €178,020 | €277,527 | +€99,507 | +55.9% |
| Equity | 10/15 | €165,602 | €190,362 | +€24,760 | +15.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €162,602 | €187,362 | +€24,760 | +15.2% |
| Distributable reserves | 133 | €162,602 | €187,362 | +€24,760 | +15.2% |
| Amounts payable | 17/49 | €12,418 | €87,165 | +€74,747 | +601.9% |
| Amounts payable after more than one year | 17 | - | €42,332 | +€42,332 | |
| Financial debts | 170/4 | - | €42,332 | +€42,332 | |
| Amounts payable within one year | 42/48 | €12,418 | €44,833 | +€32,415 | +261.0% |
| Current portion of amounts payable after more than one year | 42 | - | €12,203 | +€12,203 | |
| Trade debts | 44 | €3,282 | €253 | -€3,030 | -92.3% |
| Suppliers | 440/4 | €3,282 | €253 | -€3,030 | -92.3% |
| Taxes, remuneration and social security | 45 | €9,136 | €9,088 | -€48 | -0.5% |
| Taxes | 450/3 | €9,136 | €9,088 | -€48 | -0.5% |
| Other amounts payable | 47/48 | - | €23,290 | +€23,290 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,537 | €37,413 | +€24,875 | +198.4% |
| Other operating charges | 640/8 | €423 | €570 | +€147 | +34.8% |
| Gross operating margin | 9900 | €87,813 | €93,467 | +€5,654 | +6.4% |
| Operating profit (loss) | 9901 | €74,853 | €55,484 | -€19,369 | -25.9% |
| Financial income | 75/76B | €332 | - | -€332 | |
| Recurring financial income | 75 | €332 | - | -€332 | |
| Financial charges | 65/66B | €299 | €1,659 | +€1,360 | +454.4% |
| Recurring financial charges | 65 | €299 | €1,659 | +€1,360 | +454.4% |
| Profit (loss) for the period before taxes | 9903 | €74,886 | €53,825 | -€21,061 | -28.1% |
| Income taxes | 67/77 | €24,086 | €17,365 | -€6,721 | -27.9% |
| Profit (loss) for the period | 9904 | €50,800 | €36,460 | -€14,340 | -28.2% |
| Profit (loss) for the period to be appropriated | 9905 | €50,800 | €36,460 | -€14,340 | -28.2% |
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 8 October 2026 via checked.be.