KTI Group: 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.
KTI Group
Largest movements
- Cash -€37,262
down €37,262 (-95.9%), from €38,845 to €1,583
mainly Receivables within one year (-€34,530) and Trade debts (-€17,096)
- Receivables within one year +€34,530
up €34,530 (+30.4%), from €113,635 to €148,165
of which Trade receivables: +€30,805
- Financial fixed assets -€14,000
no longer reported in 2025 (was €14,000)
- Tangible fixed assets -€7,320
down €7,320 (-12.7%), from €57,767 to €50,447
of which Leasing and similar rights: -€22,874
- Trade debts -€17,096
down €17,096 (-25.3%), from €67,579 to €50,484
- Tax, wage and social debts -€11,612
down €11,612 (-24.6%), from €47,158 to €35,545
of which Taxes: -€14,183
- Other debts -€8,056
down €8,056 (-99.9%), from €8,066 to €10
- Profit (loss) carried forward +€7,544
up €7,544 (+19.7%), from €38,309 to €45,852
- Current portion of long-term debt +€6,872
up €6,872 (+51.3%), from €13,403 to €20,275
- Depreciation -€20,965
down €20,965 (-42.8%), from €48,950 to €27,985
- Gross operating margin -€13,915
down €13,915 (-5.6%), from €246,571 to €232,656
- Staff costs +€7,100
up €7,100 (+4.0%), from €178,256 to €185,356
- Other operating charges -€2,773
down €2,773 (-35.8%), from €7,750 to €4,977
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 | €224,247 | €200,194 | -€24,053 | -10.7% |
| Fixed assets | 21/28 | €71,767 | €50,447 | -€21,320 | -29.7% |
| Tangible fixed assets | 22/27 | €57,767 | €50,447 | -€7,320 | -12.7% |
| Plant, machinery and equipment | 23 | €2,451 | €748 | -€1,703 | -69.5% |
| Furniture and vehicles | 24 | - | €17,257 | +€17,257 | |
| Leasing and similar rights | 25 | €55,316 | €32,442 | -€22,874 | -41.4% |
| Financial fixed assets | 28 | €14,000 | - | -€14,000 | |
| Current assets | 29/58 | €152,480 | €149,747 | -€2,732 | -1.8% |
| Amounts receivable within one year | 40/41 | €113,635 | €148,165 | +€34,530 | +30.4% |
| Trade receivables | 40 | €103,469 | €134,274 | +€30,805 | +29.8% |
| Other amounts receivable | 41 | €10,165 | €13,891 | +€3,725 | +36.6% |
| Cash at bank and in hand | 54/58 | €38,845 | €1,583 | -€37,262 | -95.9% |
| Total equity and liabilities | 10/49 | €224,247 | €200,194 | -€24,053 | -10.7% |
| Equity | 10/15 | €58,309 | €65,852 | +€7,544 | +12.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €15,000 | €15,000 | = | 0.0% |
| Distributable reserves | 133 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €38,309 | €45,852 | +€7,544 | +19.7% |
| Amounts payable | 17/49 | €165,938 | €134,342 | -€31,596 | -19.0% |
| Amounts payable after more than one year | 17 | €17,101 | €17,046 | -€55 | -0.3% |
| Financial debts | 170/4 | €17,101 | €17,046 | -€55 | -0.3% |
| Amounts payable within one year | 42/48 | €148,837 | €117,296 | -€31,541 | -21.2% |
| Current portion of amounts payable after more than one year | 42 | €13,403 | €20,275 | +€6,872 | +51.3% |
| Financial debts | 43 | €12,631 | €10,982 | -€1,649 | -13.1% |
| Other loans | 439 | €12,631 | €10,982 | -€1,649 | -13.1% |
| Trade debts | 44 | €67,579 | €50,484 | -€17,096 | -25.3% |
| Suppliers | 440/4 | €67,579 | €50,484 | -€17,096 | -25.3% |
| Taxes, remuneration and social security | 45 | €47,158 | €35,545 | -€11,612 | -24.6% |
| Taxes | 450/3 | €22,061 | €7,879 | -€14,183 | -64.3% |
| Remuneration and social security | 454/9 | €25,096 | €27,666 | +€2,570 | +10.2% |
| Other amounts payable | 47/48 | €8,066 | €10 | -€8,056 | -99.9% |
| Remuneration, social security and pensions | 62 | €178,256 | €185,356 | +€7,100 | +4.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,950 | €27,985 | -€20,965 | -42.8% |
| Other operating charges | 640/8 | €7,750 | €4,977 | -€2,773 | -35.8% |
| Gross operating margin | 9900 | €246,571 | €232,656 | -€13,915 | -5.6% |
| Operating profit (loss) | 9901 | €11,615 | €14,337 | +€2,722 | +23.4% |
| Financial income | 75/76B | €224 | €790 | +€567 | +253% |
| Recurring financial income | 75 | €224 | €790 | +€567 | +253% |
| Financial charges | 65/66B | €5,194 | €4,005 | -€1,189 | -22.9% |
| Recurring financial charges | 65 | €5,194 | €4,005 | -€1,189 | -22.9% |
| Profit (loss) for the period before taxes | 9903 | €6,644 | €11,122 | +€4,478 | +67.4% |
| Income taxes | 67/77 | €2,508 | €3,578 | +€1,071 | +42.7% |
| Profit (loss) for the period | 9904 | €4,137 | €7,544 | +€3,407 | +82.4% |
| Profit (loss) for the period to be appropriated | 9905 | €4,137 | €7,544 | +€3,407 | +82.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.