KWEETIX: 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.
KWEETIX
Largest movements
- Current investments +€80,000
up €80,000 (+400.0%), from €20,000 to €100,000
- Cash -€38,480
down €38,480 (-41.3%), from €93,225 to €54,745
mainly Current investments (-€80,000) and Debts after one year (-€16,578)
- Tangible fixed assets -€18,631
down €18,631 (-8.0%), from €233,013 to €214,382
of which Land and buildings: -€21,106
- Receivables within one year +€6,587
up €6,587 (+11.9%), from €55,159 to €61,746
of which Trade receivables: +€6,454
- Accrued charges and deferred income +€23,929
up €23,929 (+101.6%), from €23,555 to €47,484
- Debts after one year -€16,578
down €16,578 (-8.4%), from €196,621 to €180,043
- Trade debts +€12,245
up €12,245 (+13.4%), from €91,099 to €103,344
- Tax, wage and social debts +€6,812
up €6,812 (+2217.5%), from €307 to €7,119
- Gross operating margin -€697
down €697 (-2.1%), from €33,487 to €32,790
- Financial charges -€635
down €635 (-12.8%), from €4,958 to €4,323
- Financial income -€449
down €449 (-23.9%), from €1,876 to €1,427
- Taxes +€368
up €368 (+42.3%), from €870 to €1,238
- Depreciation -€361
down €361 (-1.6%), from €22,432 to €22,071
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 | €405,974 | €435,153 | +€29,179 | +7.2% |
| Fixed assets | 21/28 | €233,013 | €214,382 | -€18,631 | -8.0% |
| Tangible fixed assets | 22/27 | €233,013 | €214,382 | -€18,631 | -8.0% |
| Land and buildings | 22 | €233,013 | €211,906 | -€21,106 | -9.1% |
| Furniture and vehicles | 24 | €0 | €2,476 | +€2,476 | |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €172,961 | €220,771 | +€47,810 | +27.6% |
| Amounts receivable within one year | 40/41 | €55,159 | €61,746 | +€6,587 | +11.9% |
| Trade receivables | 40 | €55,064 | €61,519 | +€6,454 | +11.7% |
| Other amounts receivable | 41 | €94 | €227 | +€133 | +140.9% |
| Current investments | 50/53 | €20,000 | €100,000 | +€80,000 | +400.0% |
| Cash at bank and in hand | 54/58 | €93,225 | €54,745 | -€38,480 | -41.3% |
| Deferred charges and accrued income | 490/1 | €4,577 | €4,279 | -€298 | -6.5% |
| Total equity and liabilities | 10/49 | €405,974 | €435,153 | +€29,179 | +7.2% |
| Equity | 10/15 | €76,667 | €79,245 | +€2,578 | +3.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €69,860 | €73,045 | +€3,185 | +4.6% |
| Distributable reserves | 133 | €69,860 | €73,045 | +€3,185 | +4.6% |
| Profit (loss) carried forward | 14 | €607 | €0 | -€607 | -100.0% |
| Amounts payable | 17/49 | €329,307 | €355,908 | +€26,601 | +8.1% |
| Amounts payable after more than one year | 17 | €196,621 | €180,043 | -€16,578 | -8.4% |
| Financial debts | 170/4 | €196,621 | €180,043 | -€16,578 | -8.4% |
| Amounts payable within one year | 42/48 | €109,131 | €128,381 | +€19,250 | +17.6% |
| Current portion of amounts payable after more than one year | 42 | €16,253 | €16,578 | +€325 | +2.0% |
| Financial debts | 43 | €154 | €524 | +€370 | +240.7% |
| Credit institutions | 430/8 | €0 | - | = | |
| Other loans | 439 | €154 | €524 | +€370 | +240.7% |
| Trade debts | 44 | €91,099 | €103,344 | +€12,245 | +13.4% |
| Suppliers | 440/4 | €91,099 | €103,344 | +€12,245 | +13.4% |
| Taxes, remuneration and social security | 45 | €307 | €7,119 | +€6,812 | +2217.5% |
| Taxes | 450/3 | €307 | €7,119 | +€6,812 | +2217.5% |
| Other amounts payable | 47/48 | €1,318 | €816 | -€503 | -38.1% |
| Accrued charges and deferred income | 492/3 | €23,555 | €47,484 | +€23,929 | +101.6% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,432 | €22,071 | -€361 | -1.6% |
| Other operating charges | 640/8 | €3,928 | €4,007 | +€79 | +2.0% |
| Non-recurring operating charges | 66A | €1,584 | €0 | -€1,584 | -100.0% |
| Gross operating margin | 9900 | €33,487 | €32,790 | -€697 | -2.1% |
| Operating profit (loss) | 9901 | €5,543 | €6,712 | +€1,169 | +21.1% |
| Financial income | 75/76B | €1,876 | €1,427 | -€449 | -23.9% |
| Recurring financial income | 75 | €1,876 | €1,427 | -€449 | -23.9% |
| Financial charges | 65/66B | €4,958 | €4,323 | -€635 | -12.8% |
| Recurring financial charges | 65 | €4,958 | €4,323 | -€635 | -12.8% |
| Profit (loss) for the period before taxes | 9903 | €2,461 | €3,816 | +€1,355 | +55.1% |
| Income taxes | 67/77 | €870 | €1,238 | +€368 | +42.3% |
| Profit (loss) for the period | 9904 | €1,591 | €2,578 | +€987 | +62.1% |
| Profit (loss) for the period to be appropriated | 9905 | €1,591 | €2,578 | +€987 | +62.1% |
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 6 October 2026 via checked.be.