New Kith: 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.
New Kith
Largest movements
- Receivables within one year +€287,950
up €287,950 (+141.3%), from €203,767 to €491,718
of which Trade receivables: +€269,172
- Cash +€80,438
up €80,438 (+304.2%), from €26,447 to €106,885
mainly Trade debts (+€205,728) and Other debts (+€190,395)
- Trade debts +€205,728
up €205,728 (+159.0%), from €129,404 to €335,132
- Other debts +€190,395
up €190,395 (+88.2%), from €215,755 to €406,150
- Profit (loss) carried forward -€40,063
down €40,063 (-30.5%), from -€131,261 to -€171,323
- Tax, wage and social debts +€12,329
up €12,329 (+75.6%), from €16,316 to €28,644
of which Remuneration and social security: +€11,550
- Gross operating margin +€145,166
up €145,166, from -€18,750 to €126,416
- Staff costs +€37,388
up €37,388 (+37.8%), from €98,986 to €136,374
- Other operating charges +€19,238
up €19,238 (+988.8%), from €1,946 to €21,183
- Write-downs -€7,080
down €7,080 (-100.0%), from €7,080 to €0
- Financial charges +€4,432
up €4,432 (+98.5%), from €4,499 to €8,932
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 | €230,214 | €598,603 | +€368,388 | +160.0% |
| Current assets | 29/58 | €230,214 | €598,603 | +€368,388 | +160.0% |
| Amounts receivable within one year | 40/41 | €203,767 | €491,718 | +€287,950 | +141.3% |
| Trade receivables | 40 | €189,806 | €458,978 | +€269,172 | +141.8% |
| Other amounts receivable | 41 | €13,962 | €32,740 | +€18,778 | +134.5% |
| Cash at bank and in hand | 54/58 | €26,447 | €106,885 | +€80,438 | +304.2% |
| Total equity and liabilities | 10/49 | €230,214 | €598,603 | +€368,388 | +160.0% |
| Equity | 10/15 | -€131,261 | -€171,323 | -€40,063 | -30.5% |
| Profit (loss) carried forward | 14 | -€131,261 | -€171,323 | -€40,063 | -30.5% |
| Amounts payable | 17/49 | €361,475 | €769,926 | +€408,451 | +113.0% |
| Amounts payable within one year | 42/48 | €361,475 | €769,926 | +€408,451 | +113.0% |
| Trade debts | 44 | €129,404 | €335,132 | +€205,728 | +159.0% |
| Suppliers | 440/4 | €129,404 | €335,132 | +€205,728 | +159.0% |
| Taxes, remuneration and social security | 45 | €16,316 | €28,644 | +€12,329 | +75.6% |
| Taxes | 450/3 | €4,398 | €5,176 | +€778 | +17.7% |
| Remuneration and social security | 454/9 | €11,918 | €23,468 | +€11,550 | +96.9% |
| Other amounts payable | 47/48 | €215,755 | €406,150 | +€190,395 | +88.2% |
| Remuneration, social security and pensions | 62 | €98,986 | €136,374 | +€37,388 | +37.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €7,080 | €0 | -€7,080 | -100.0% |
| Other operating charges | 640/8 | €1,946 | €21,183 | +€19,238 | +988.8% |
| Gross operating margin | 9900 | -€18,750 | €126,416 | +€145,166 | |
| Operating profit (loss) | 9901 | -€126,761 | -€31,141 | +€95,620 | +75.4% |
| Financial income | 75/76B | - | €7 | +€7 | |
| Recurring financial income | 75 | - | €7 | +€7 | |
| Financial charges | 65/66B | €4,499 | €8,932 | +€4,432 | +98.5% |
| Recurring financial charges | 65 | €4,499 | €8,932 | +€4,432 | +98.5% |
| Profit (loss) for the period before taxes | 9903 | -€131,261 | -€40,066 | +€91,195 | +69.5% |
| Income taxes | 67/77 | - | -€3 | -€3 | |
| Profit (loss) for the period | 9904 | -€131,261 | -€40,063 | +€91,198 | +69.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€131,261 | -€40,063 | +€91,198 | +69.5% |
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 3 October 2026 via checked.be.