KT: 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.
KT
Largest movements
- Cash -€5,082
down €5,082 (-44.7%), from €11,358 to €6,276
mainly Tax, wage and social debts (-€10,667) and Trade debts (-€1,285)
- Tax, wage and social debts -€10,667
down €10,667 (-82.4%), from €12,941 to €2,274
- Reserves +€6,695
up €6,695 (+21.9%), from €30,585 to €37,280
- Trade debts -€1,285
down €1,285 (-8.8%), from €14,571 to €13,287
- Gross operating margin -€6,066
down €6,066 (-63.2%), from €9,600 to €3,534
- Taxes -€2,454
new in 2025: -€2,454
- Financial income +€932
new in 2025: €932
of which Non-recurring financial income: +€489
- Other operating charges -€446
down €446 (-95.7%), from €466 to €20
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 | €64,417 | €59,040 | -€5,377 | -8.3% |
| Fixed assets | 21/28 | €365 | €253 | -€111 | -30.5% |
| Tangible fixed assets | 22/27 | €365 | €253 | -€111 | -30.5% |
| Plant, machinery and equipment | 23 | €365 | €253 | -€111 | -30.5% |
| Current assets | 29/58 | €64,053 | €58,787 | -€5,265 | -8.2% |
| Amounts receivable within one year | 40/41 | €52,694 | €52,511 | -€183 | -0.3% |
| Trade receivables | 40 | €50,459 | €35,832 | -€14,626 | -29.0% |
| Other amounts receivable | 41 | €2,236 | €16,679 | +€14,443 | +646.0% |
| Cash at bank and in hand | 54/58 | €11,358 | €6,276 | -€5,082 | -44.7% |
| Total equity and liabilities | 10/49 | €64,417 | €59,040 | -€5,377 | -8.3% |
| Equity | 10/15 | €36,785 | €43,480 | +€6,695 | +18.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €30,585 | €37,280 | +€6,695 | +21.9% |
| Distributable reserves | 133 | €30,585 | €37,280 | +€6,695 | +21.9% |
| Amounts payable | 17/49 | €27,632 | €15,561 | -€12,071 | -43.7% |
| Amounts payable within one year | 42/48 | €27,512 | €15,561 | -€11,951 | -43.4% |
| Trade debts | 44 | €14,571 | €13,287 | -€1,285 | -8.8% |
| Suppliers | 440/4 | €14,571 | €13,287 | -€1,285 | -8.8% |
| Taxes, remuneration and social security | 45 | €12,941 | €2,274 | -€10,667 | -82.4% |
| Taxes | 450/3 | €12,941 | €2,274 | -€10,667 | -82.4% |
| Accrued charges and deferred income | 492/3 | €120 | - | -€120 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €111 | €111 | = | 0.0% |
| Other operating charges | 640/8 | €466 | €20 | -€446 | -95.7% |
| Gross operating margin | 9900 | €9,600 | €3,534 | -€6,066 | -63.2% |
| Operating profit (loss) | 9901 | €9,023 | €3,403 | -€5,620 | -62.3% |
| Financial income | 75/76B | - | €932 | +€932 | |
| Recurring financial income | 75 | - | €443 | +€443 | |
| Non-recurring financial income | 76B | - | €489 | +€489 | |
| Financial charges | 65/66B | €77 | €95 | +€18 | +22.9% |
| Recurring financial charges | 65 | €77 | €95 | +€18 | +22.9% |
| Profit (loss) for the period before taxes | 9903 | €8,946 | €4,240 | -€4,706 | -52.6% |
| Income taxes | 67/77 | - | -€2,454 | -€2,454 | |
| Profit (loss) for the period | 9904 | €8,946 | €6,695 | -€2,251 | -25.2% |
| Profit (loss) for the period to be appropriated | 9905 | €8,946 | €6,695 | -€2,251 | -25.2% |
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 2 October 2026 via checked.be.