KWI-IT: 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.
KWI-IT
Largest movements
- Cash +€32,012
up €32,012 (+76.9%), from €41,638 to €73,649
mainly Depreciation (+€22,736) and Stocks and contracts (+€13,334)
- Tangible fixed assets -€16,485
no longer reported in 2025 (was €16,485)
- Stocks and contracts -€13,334
no longer reported in 2025 (was €13,334)
- Receivables within one year +€3,774
up €3,774 (+331.4%), from €1,139 to €4,913
- Deferred charges and accrued income -€998
no longer reported in 2025 (was €998)
- Reserves +€11,408
up €11,408 (+21.4%), from €53,302 to €64,710
- Tax, wage and social debts -€4,909
down €4,909 (-81.1%), from €6,050 to €1,141
- Trade debts -€917
down €917 (-74.6%), from €1,229 to €312
- Depreciation +€17,382
up €17,382 (+324.6%), from €5,354 to €22,736
- Taxes -€6,674
down €6,674 (-95.3%), from €7,000 to €326
- Gross operating margin -€5,211
down €5,211 (-12.6%), from €41,514 to €36,303
- Financial charges -€426
down €426 (-75.1%), from €568 to €142
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 | €73,594 | €78,562 | +€4,969 | +6.8% |
| Fixed assets | 21/28 | €16,485 | - | -€16,485 | |
| Tangible fixed assets | 22/27 | €16,485 | - | -€16,485 | |
| Furniture and vehicles | 24 | €16,485 | - | -€16,485 | |
| Current assets | 29/58 | €57,109 | €78,562 | +€21,454 | +37.6% |
| Stocks and contracts in progress | 3 | €13,334 | - | -€13,334 | |
| Contracts in progress | 37 | €13,334 | - | -€13,334 | |
| Amounts receivable within one year | 40/41 | €1,139 | €4,913 | +€3,774 | +331.4% |
| Other amounts receivable | 41 | €1,139 | €4,913 | +€3,774 | +331.4% |
| Cash at bank and in hand | 54/58 | €41,638 | €73,649 | +€32,012 | +76.9% |
| Deferred charges and accrued income | 490/1 | €998 | - | -€998 | |
| Total equity and liabilities | 10/49 | €73,594 | €78,562 | +€4,969 | +6.8% |
| Equity | 10/15 | €65,702 | €77,110 | +€11,408 | +17.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Outside capital | 11 | €12,400 | €12,400 | = | 0.0% |
| Other | 1109/19 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €53,302 | €64,710 | +€11,408 | +21.4% |
| Distributable reserves | 133 | €53,302 | €64,710 | +€11,408 | +21.4% |
| Amounts payable | 17/49 | €7,892 | €1,453 | -€6,440 | -81.6% |
| Amounts payable within one year | 42/48 | €7,892 | €1,453 | -€6,440 | -81.6% |
| Trade debts | 44 | €1,229 | €312 | -€917 | -74.6% |
| Suppliers | 440/4 | €1,229 | €312 | -€917 | -74.6% |
| Taxes, remuneration and social security | 45 | €6,050 | €1,141 | -€4,909 | -81.1% |
| Taxes | 450/3 | €6,050 | €1,141 | -€4,909 | -81.1% |
| Other amounts payable | 47/48 | €614 | - | -€614 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,354 | €22,736 | +€17,382 | +324.6% |
| Other operating charges | 640/8 | €535 | €550 | +€14 | +2.7% |
| Gross operating margin | 9900 | €41,514 | €36,303 | -€5,211 | -12.6% |
| Operating profit (loss) | 9901 | €35,624 | €13,017 | -€22,607 | -63.5% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €568 | €142 | -€426 | -75.1% |
| Recurring financial charges | 65 | €568 | €142 | -€426 | -75.1% |
| Profit (loss) for the period before taxes | 9903 | €35,056 | €12,876 | -€22,181 | -63.3% |
| Income taxes | 67/77 | €7,000 | €326 | -€6,674 | -95.3% |
| Profit (loss) for the period | 9904 | €28,056 | €12,549 | -€15,507 | -55.3% |
| Profit (loss) for the period to be appropriated | 9905 | €28,056 | €12,549 | -€15,507 | -55.3% |
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 4 October 2026 via checked.be.