KITU: 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.
KITU
Largest movements
- Stocks and contracts -€14,024
down €14,024 (-33.0%), from €42,499 to €28,475
- Cash +€12,591
up €12,591 (+1244.6%), from €1,012 to €13,602
mainly Stocks and contracts (+€14,024) and Other debts (+€7,953)
- Receivables within one year +€524
up €524 (+6.7%), from €7,777 to €8,300
of which Other amounts receivable: +€524
- Tax, wage and social debts -€12,800
down €12,800 (-42.1%), from €30,382 to €17,582
of which Remuneration and social security: -€12,623
- Other debts +€7,953
new in 2025: €7,953
- Debts after one year +€3,500
new in 2025: €3,500
- Profit (loss) carried forward +€2,010
up €2,010 (+13.4%), from €14,985 to €16,994
- Trade debts -€1,573
down €1,573 (-40.1%), from €3,921 to €2,348
- Purchases and services +€95,414
up €95,414 (+9.0%), from €1.1m to €1.2m
- Turnover +€45,597
up €45,597 (+4.1%), from €1.1m to €1.2m
- Other operating charges +€23,016
up €23,016 (+302.1%), from €7,618 to €30,634
- Staff costs -€18,636
down €18,636 (-20.1%), from €92,542 to €73,906
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 | €51,287 | €50,377 | -€910 | -1.8% |
| Current assets | 29/58 | €51,287 | €50,377 | -€910 | -1.8% |
| Stocks and contracts in progress | 3 | €42,499 | €28,475 | -€14,024 | -33.0% |
| Stocks | 30/36 | €42,499 | €28,475 | -€14,024 | -33.0% |
| Amounts receivable within one year | 40/41 | €7,777 | €8,300 | +€524 | +6.7% |
| Trade receivables | 40 | €3,769 | €3,769 | = | 0.0% |
| Other amounts receivable | 41 | €4,007 | €4,531 | +€524 | +13.1% |
| Cash at bank and in hand | 54/58 | €1,012 | €13,602 | +€12,591 | +1244.6% |
| Total equity and liabilities | 10/49 | €51,287 | €50,377 | -€910 | -1.8% |
| Equity | 10/15 | €16,985 | €18,994 | +€2,010 | +11.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,985 | €16,994 | +€2,010 | +13.4% |
| Amounts payable | 17/49 | €34,303 | €31,383 | -€2,920 | -8.5% |
| Amounts payable after more than one year | 17 | - | €3,500 | +€3,500 | |
| Financial debts | 170/4 | - | €3,500 | +€3,500 | |
| Amounts payable within one year | 42/48 | €34,303 | €27,883 | -€6,420 | -18.7% |
| Trade debts | 44 | €3,921 | €2,348 | -€1,573 | -40.1% |
| Suppliers | 440/4 | €3,921 | €2,348 | -€1,573 | -40.1% |
| Taxes, remuneration and social security | 45 | €30,382 | €17,582 | -€12,800 | -42.1% |
| Taxes | 450/3 | €4,316 | €4,139 | -€177 | -4.1% |
| Remuneration and social security | 454/9 | €26,066 | €13,443 | -€12,623 | -48.4% |
| Other amounts payable | 47/48 | - | €7,953 | +€7,953 | |
| Turnover | 70 | €1,123,126 | €1,168,723 | +€45,597 | +4.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €1,055,200 | €1,150,614 | +€95,414 | +9.0% |
| Remuneration, social security and pensions | 62 | €92,542 | €73,906 | -€18,636 | -20.1% |
| Other operating charges | 640/8 | €7,618 | €30,634 | +€23,016 | +302.1% |
| Gross operating margin | 9900 | €106,202 | €107,364 | +€1,161 | +1.1% |
| Operating profit (loss) | 9901 | €6,042 | €2,824 | -€3,219 | -53.3% |
| Financial income | 75/76B | €263 | - | -€263 | |
| Recurring financial income | 75 | €263 | - | -€263 | |
| Financial charges | 65/66B | €203 | €312 | +€109 | +53.5% |
| Recurring financial charges | 65 | €203 | €312 | +€109 | +53.5% |
| Profit (loss) for the period before taxes | 9903 | €6,102 | €2,512 | -€3,590 | -58.8% |
| Income taxes | 67/77 | €3,865 | €502 | -€3,363 | -87.0% |
| Profit (loss) for the period | 9904 | €2,237 | €2,010 | -€227 | -10.1% |
| Profit (loss) for the period to be appropriated | 9905 | €2,237 | €2,010 | -€227 | -10.1% |
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.