KT SOLUTIONS: what changed
KT SOLUTIONS
Largest movements
- Cash -€13,428
down €13,428 (-91.5%), from €14,683 to €1,255
mainly Net result for the year (-€25,816) and Other debts (-€13,449)
- Receivables within one year -€12,829
down €12,829 (-20.7%), from €62,119 to €49,290
of which Trade receivables: -€11,064
- Tangible fixed assets -€10,495
down €10,495 (-21.7%), from €48,297 to €37,802
of which Leasing and similar rights: -€7,296
- Stocks and contracts -€2,451
down €2,451 (-17.4%), from €14,050 to €11,598
- Reserves -€25,816
down €25,816 (-35.2%), from €73,271 to €47,455
of which Distributable reserves: -€25,816
- Other debts -€13,449
down €13,449 (-100%), from €13,449 to €0
- Debts after one year -€10,027
down €10,027 (-39.3%), from €25,508 to €15,481
of which Financial debts: -€10,027
- Advances received +€6,930
new in 2025: €6,930
- Tax, wage and social debts +€2,907
up €2,907 (+421%), from €691 to €3,598
of which Remuneration and social security: +€3,183
- Write-downs +€25,173
new in 2025: €25,173
- Gross operating margin +€20,315
up €20,315 (+172%), from €11,832 to €32,147
- Staff costs +€16,537
new in 2025: €16,537
- Depreciation +€441
up €441 (+3.5%), from €12,583 to €13,025
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €220,211 | €181,008 | -€39,203 | -17.8% |
| Fixed assets | 21/28 | €129,359 | €118,864 | -€10,495 | -8.1% |
| Intangible fixed assets | 21 | €81,062 | €81,062 | = | 0.0% |
| Tangible fixed assets | 22/27 | €48,297 | €37,802 | -€10,495 | -21.7% |
| Plant, machinery and equipment | 23 | €14,725 | €11,417 | -€3,308 | -22.5% |
| Furniture and vehicles | 24 | €4,988 | €5,097 | +€109 | +2.2% |
| Leasing and similar rights | 25 | €28,584 | €21,288 | -€7,296 | -25.5% |
| Current assets | 29/58 | €90,852 | €62,144 | -€28,708 | -31.6% |
| Stocks and contracts in progress | 3 | €14,050 | €11,598 | -€2,451 | -17.4% |
| Stocks | 30/36 | €14,050 | €11,598 | -€2,451 | -17.4% |
| Amounts receivable within one year | 40/41 | €62,119 | €49,290 | -€12,829 | -20.7% |
| Trade receivables | 40 | €50,540 | €39,476 | -€11,064 | -21.9% |
| Other amounts receivable | 41 | €11,579 | €9,814 | -€1,765 | -15.2% |
| Cash at bank and in hand | 54/58 | €14,683 | €1,255 | -€13,428 | -91.5% |
| Total equity and liabilities | 10/49 | €220,211 | €181,008 | -€39,203 | -17.8% |
| Equity | 10/15 | €134,771 | €108,955 | -€25,816 | -19.2% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €73,271 | €47,455 | -€25,816 | -35.2% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Distributable reserves | 133 | €67,121 | €41,305 | -€25,816 | -38.5% |
| Amounts payable | 17/49 | €85,440 | €72,053 | -€13,386 | -15.7% |
| Amounts payable after more than one year | 17 | €25,508 | €15,481 | -€10,027 | -39.3% |
| Financial debts | 170/4 | €15,508 | €5,481 | -€10,027 | -64.7% |
| Advances received on contracts in progress | 176 | €10,000 | €10,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €59,932 | €56,573 | -€3,360 | -5.6% |
| Current portion of amounts payable after more than one year | 42 | €11,060 | €11,547 | +€487 | +4.4% |
| Trade debts | 44 | €34,732 | €34,498 | -€234 | -0.7% |
| Suppliers | 440/4 | €34,732 | €34,498 | -€234 | -0.7% |
| Advances received on contracts in progress | 46 | - | €6,930 | +€6,930 | |
| Taxes, remuneration and social security | 45 | €691 | €3,598 | +€2,907 | +421% |
| Taxes | 450/3 | €691 | €414 | -€276 | -40.0% |
| Remuneration and social security | 454/9 | - | €3,183 | +€3,183 | |
| Other amounts payable | 47/48 | €13,449 | €0 | -€13,449 | -100% |
| Remuneration, social security and pensions | 62 | - | €16,537 | +€16,537 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,583 | €13,025 | +€441 | +3.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €25,173 | +€25,173 | |
| Other operating charges | 640/8 | €1,658 | €1,943 | +€286 | +17.2% |
| Gross operating margin | 9900 | €11,832 | €32,147 | +€20,315 | +172% |
| Operating profit (loss) | 9901 | -€2,409 | -€24,531 | -€22,123 | -918% |
| Financial income | 75/76B | €224 | €288 | +€64 | +28.4% |
| Recurring financial income | 75 | €224 | €288 | +€64 | +28.4% |
| Financial charges | 65/66B | €1,161 | €1,432 | +€270 | +23.3% |
| Recurring financial charges | 65 | €1,161 | €1,432 | +€270 | +23.3% |
| Profit (loss) for the period before taxes | 9903 | -€3,346 | -€25,676 | -€22,329 | -667% |
| Income taxes | 67/77 | €341 | €141 | -€200 | -58.7% |
| Profit (loss) for the period | 9904 | -€3,687 | -€25,816 | -€22,129 | -600% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,687 | -€25,816 | -€22,129 | -600% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.