KITSUNE: 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.
KITSUNE
Largest movements
- Stocks and contracts +€12,642
up €12,642 (+34.6%), from €36,489 to €49,131
- Cash +€7,392
up €7,392 (+156.2%), from €4,732 to €12,124
mainly Net result for the year (+€17,974) and Tax, wage and social debts (+€5,873)
- Receivables within one year +€5,995
up €5,995 (+119900.0%), from €5 to €6,000
of which Trade receivables: +€6,000
- Deferred charges and accrued income -€1,742
down €1,742 (-41.6%), from €4,183 to €2,441
- Tangible fixed assets +€1,112
new in 2025: €1,112
- Profit (loss) carried forward +€17,974
up €17,974 (+84.8%), from €21,208 to €39,182
- Tax, wage and social debts +€5,873
up €5,873 (+202.8%), from €2,896 to €8,769
of which Taxes: +€8,614
- Trade debts +€1,648
up €1,648 (+26.2%), from €6,291 to €7,939
- Gross operating margin +€19,905
up €19,905, from -€450 to €19,455
- Taxes -€269
down €269 (-39.2%), from €686 to €417
- Other operating charges +€196
up €196 (+23.4%), from €839 to €1,035
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 | €50,968 | €76,407 | +€25,439 | +49.9% |
| Fixed assets | 21/28 | €5,546 | €6,698 | +€1,152 | +20.8% |
| Tangible fixed assets | 22/27 | - | €1,112 | +€1,112 | |
| Plant, machinery and equipment | 23 | - | €1,112 | +€1,112 | |
| Financial fixed assets | 28 | €5,546 | €5,586 | +€40 | +0.7% |
| Current assets | 29/58 | €45,422 | €69,709 | +€24,287 | +53.5% |
| Stocks and contracts in progress | 3 | €36,489 | €49,131 | +€12,642 | +34.6% |
| Stocks | 30/36 | €36,489 | €49,131 | +€12,642 | +34.6% |
| Amounts receivable within one year | 40/41 | €5 | €6,000 | +€5,995 | +119900.0% |
| Trade receivables | 40 | - | €6,000 | +€6,000 | |
| Other amounts receivable | 41 | €5 | - | -€5 | |
| Current investments | 50/53 | €13 | €13 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €4,732 | €12,124 | +€7,392 | +156.2% |
| Deferred charges and accrued income | 490/1 | €4,183 | €2,441 | -€1,742 | -41.6% |
| Total equity and liabilities | 10/49 | €50,968 | €76,407 | +€25,439 | +49.9% |
| Equity | 10/15 | €41,659 | €59,633 | +€17,974 | +43.1% |
| Contributions | 10/11 | €20,451 | €20,451 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,208 | €39,182 | +€17,974 | +84.8% |
| Amounts payable | 17/49 | €9,309 | €16,774 | +€7,465 | +80.2% |
| Amounts payable within one year | 42/48 | €9,279 | €16,774 | +€7,495 | +80.8% |
| Trade debts | 44 | €6,291 | €7,939 | +€1,648 | +26.2% |
| Suppliers | 440/4 | €6,291 | €7,939 | +€1,648 | +26.2% |
| Taxes, remuneration and social security | 45 | €2,896 | €8,769 | +€5,873 | +202.8% |
| Taxes | 450/3 | €155 | €8,769 | +€8,614 | +5557.4% |
| Remuneration and social security | 454/9 | €2,741 | - | -€2,741 | |
| Other amounts payable | 47/48 | €92 | €66 | -€26 | -28.3% |
| Accrued charges and deferred income | 492/3 | €30 | - | -€30 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €69 | +€69 | |
| Other operating charges | 640/8 | €839 | €1,035 | +€196 | +23.4% |
| Gross operating margin | 9900 | -€450 | €19,455 | +€19,905 | |
| Operating profit (loss) | 9901 | -€1,289 | €18,351 | +€19,640 | |
| Financial income | 75/76B | €73 | €48 | -€25 | -34.2% |
| Recurring financial income | 75 | €73 | €48 | -€25 | -34.2% |
| Financial charges | 65/66B | €146 | €8 | -€138 | -94.5% |
| Recurring financial charges | 65 | €146 | €8 | -€138 | -94.5% |
| Profit (loss) for the period before taxes | 9903 | -€1,362 | €18,391 | +€19,753 | |
| Income taxes | 67/77 | €686 | €417 | -€269 | -39.2% |
| Profit (loss) for the period | 9904 | -€2,048 | €17,974 | +€20,022 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,048 | €17,974 | +€20,022 |
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.