KIXT!: 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.
KIXT!
Largest movements
- Receivables within one year -€15,338
down €15,338 (-70.8%), from €21,673 to €6,336
of which Trade receivables: -€9,683
- Cash -€6,106
down €6,106 (-27.4%), from €22,272 to €16,167
mainly Net result for the year (-€12,386) and Provisions (-€5,378)
- Deferred charges and accrued income +€913
up €913 (+816%), from €112 to €1,025
- Reserves -€12,386
down €12,386 (-37.1%), from €33,368 to €20,983
of which Distributable reserves: -€12,386
- Provisions -€5,378
down €5,378 (-8.0%), from €67,341 to €61,963
- Accrued charges and deferred income -€1,896
down €1,896 (-75.4%), from €2,516 to €620
- Gross operating margin -€17,412
down €17,412, from €6,720 to -€10,693
- Financial income +€542
up €542 (+71.5%), from €758 to €1,300
- Other operating charges -€298
down €298 (-28.5%), from €1,043 to €745
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.
Derived cash bridge
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 | €87,645 | €67,423 | -€20,222 | -23.1% |
| Fixed assets | 21/28 | €3,588 | €3,896 | +€308 | +8.6% |
| Tangible fixed assets | 22/27 | €3,588 | €3,896 | +€308 | +8.6% |
| Plant, machinery and equipment | 23 | €1,083 | €831 | -€252 | -23.3% |
| Furniture and vehicles | 24 | €1,692 | €2,423 | +€731 | +43.2% |
| Other tangible fixed assets | 26 | €813 | €642 | -€171 | -21.0% |
| Current assets | 29/58 | €84,057 | €63,527 | -€20,530 | -24.4% |
| Amounts receivable after more than one year | 29 | €40,000 | €40,000 | = | 0.0% |
| Other amounts receivable | 291 | €40,000 | €40,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €21,673 | €6,336 | -€15,338 | -70.8% |
| Trade receivables | 40 | €11,183 | €1,500 | -€9,683 | -86.6% |
| Other amounts receivable | 41 | €10,490 | €4,836 | -€5,654 | -53.9% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €22,272 | €16,167 | -€6,106 | -27.4% |
| Deferred charges and accrued income | 490/1 | €112 | €1,025 | +€913 | +816% |
| Total equity and liabilities | 10/49 | €87,645 | €67,423 | -€20,222 | -23.1% |
| Equity | 10/15 | €15,791 | €3,405 | -€12,386 | -78.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €33,368 | €20,983 | -€12,386 | -37.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €31,508 | €19,123 | -€12,386 | -39.3% |
| Profit (loss) carried forward | 14 | -€23,778 | -€23,778 | = | 0.0% |
| Provisions and deferred taxes | 16 | €67,341 | €61,963 | -€5,378 | -8.0% |
| Provisions for liabilities and charges | 160/5 | €67,341 | €61,963 | -€5,378 | -8.0% |
| Pensions and similar obligations | 160 | €67,341 | €61,963 | -€5,378 | -8.0% |
| Amounts payable | 17/49 | €4,513 | €2,055 | -€2,459 | -54.5% |
| Amounts payable within one year | 42/48 | €1,998 | €1,435 | -€563 | -28.2% |
| Trade debts | 44 | €758 | €303 | -€454 | -60.0% |
| Suppliers | 440/4 | €758 | €303 | -€454 | -60.0% |
| Taxes, remuneration and social security | 45 | €640 | €531 | -€109 | -17.0% |
| Taxes | 450/3 | €640 | €531 | -€109 | -17.0% |
| Other amounts payable | 47/48 | €600 | €600 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €2,516 | €620 | -€1,896 | -75.4% |
| Non-recurring operating income | 76A | €6,406 | €5,378 | -€1,028 | -16.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,670 | €1,605 | -€64 | -3.9% |
| Other operating charges | 640/8 | €1,043 | €745 | -€298 | -28.5% |
| Gross operating margin | 9900 | €6,720 | -€10,693 | -€17,412 | |
| Operating profit (loss) | 9901 | €4,007 | -€13,043 | -€17,050 | |
| Financial income | 75/76B | €758 | €1,300 | +€542 | +71.5% |
| Recurring financial income | 75 | €758 | €1,300 | +€542 | +71.5% |
| Financial charges | 65/66B | €103 | €122 | +€19 | +18.3% |
| Recurring financial charges | 65 | €103 | €122 | +€19 | +18.3% |
| Profit (loss) for the period before taxes | 9903 | €4,662 | -€11,865 | -€16,527 | |
| Income taxes | 67/77 | €531 | €521 | -€11 | -2.0% |
| Profit (loss) for the period | 9904 | €4,131 | -€12,386 | -€16,516 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,131 | -€12,386 | -€16,516 |
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 14 October 2026 via checked.be.