NON KITCH GROUP: what changed
You see two financial years side by side: what moved most in the balance sheet and the result, why the result rose or fell and where the money went.
NON KITCH GROUP
Largest movements
- Receivables within one year +€51,245
up €51,245 (+174%), from €29,529 to €80,774
of which Trade receivables: +€46,787
- Cash -€44,120
down €44,120 (-29.9%), from €147,368 to €103,247
mainly Receivables within one year (-€51,245) and Investment in fixed assets (net) (-€41,148)
- Tangible fixed assets +€15,814
up €15,814 (+11.3%), from €139,898 to €155,713
of which Furniture and vehicles: +€33,764
- Stocks and contracts +€10,700
up €10,700 (+41.5%), from €25,800 to €36,500
- Profit (loss) carried forward +€44,709
up €44,709 (+301%), from €14,831 to €59,540
- Reserves -€35,567
down €35,567 (-71.7%), from €49,578 to €14,012
of which Distributable reserves: -€35,567
- Trade debts +€26,050
up €26,050 (+4,151%), from €628 to €26,677
- Current portion of long-term debt -€4,958
no longer reported in 2025 (was €4,958)
- Other debts +€4,432
up €4,432 (+3.3%), from €134,577 to €139,009
- Gross operating margin +€15,920
up €15,920 (+22.4%), from €71,024 to €86,943
- Taxes +€12,118
new in 2025: €12,118
- Depreciation +€6,193
up €6,193 (+32.4%), from €19,141 to €25,333
- Financial charges +€5,069
up €5,069 (+102%), from €4,975 to €10,045
- Financial income +€1,689
up €1,689 (+25.1%), from €6,733 to €8,422
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 | €345,340 | €380,223 | +€34,884 | +10.1% |
| Fixed assets | 21/28 | €139,898 | €155,713 | +€15,814 | +11.3% |
| Tangible fixed assets | 22/27 | €139,898 | €155,713 | +€15,814 | +11.3% |
| Land and buildings | 22 | €122,448 | €109,549 | -€12,899 | -10.5% |
| Plant, machinery and equipment | 23 | €16,715 | €11,664 | -€5,051 | -30.2% |
| Furniture and vehicles | 24 | €735 | €34,499 | +€33,764 | +4,595% |
| Current assets | 29/58 | €205,441 | €224,510 | +€19,069 | +9.3% |
| Stocks and contracts in progress | 3 | €25,800 | €36,500 | +€10,700 | +41.5% |
| Stocks | 30/36 | €25,800 | €36,500 | +€10,700 | +41.5% |
| Amounts receivable within one year | 40/41 | €29,529 | €80,774 | +€51,245 | +174% |
| Trade receivables | 40 | €26,056 | €72,843 | +€46,787 | +180% |
| Other amounts receivable | 41 | €3,473 | €7,930 | +€4,457 | +128% |
| Cash at bank and in hand | 54/58 | €147,368 | €103,247 | -€44,120 | -29.9% |
| Deferred charges and accrued income | 490/1 | €2,745 | €3,989 | +€1,244 | +45.3% |
| Total equity and liabilities | 10/49 | €345,340 | €380,223 | +€34,884 | +10.1% |
| Equity | 10/15 | €204,501 | €213,644 | +€9,143 | +4.5% |
| Contributions | 10/11 | €140,092 | €140,092 | = | 0.0% |
| Reserves | 13 | €49,578 | €14,012 | -€35,567 | -71.7% |
| Tax-exempt reserves | 132 | €143 | €143 | = | 0.0% |
| Distributable reserves | 133 | €49,435 | €13,869 | -€35,567 | -71.9% |
| Profit (loss) carried forward | 14 | €14,831 | €59,540 | +€44,709 | +301% |
| Amounts payable | 17/49 | €140,838 | €166,579 | +€25,741 | +18.3% |
| Amounts payable within one year | 42/48 | €140,838 | €166,579 | +€25,741 | +18.3% |
| Current portion of amounts payable after more than one year | 42 | €4,958 | - | -€4,958 | |
| Trade debts | 44 | €628 | €26,677 | +€26,050 | +4,151% |
| Suppliers | 440/4 | €628 | €26,677 | +€26,050 | +4,151% |
| Taxes, remuneration and social security | 45 | €676 | €893 | +€218 | +32.2% |
| Taxes | 450/3 | €676 | €893 | +€218 | +32.2% |
| Other amounts payable | 47/48 | €134,577 | €139,009 | +€4,432 | +3.3% |
| Non-recurring operating income | 76A | - | €5,000 | +€5,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,141 | €25,333 | +€6,193 | +32.4% |
| Other operating charges | 640/8 | €2,767 | €3,159 | +€392 | +14.2% |
| Gross operating margin | 9900 | €71,024 | €86,943 | +€15,920 | +22.4% |
| Operating profit (loss) | 9901 | €49,116 | €58,451 | +€9,335 | +19.0% |
| Financial income | 75/76B | €6,733 | €8,422 | +€1,689 | +25.1% |
| Recurring financial income | 75 | €6,733 | €8,422 | +€1,689 | +25.1% |
| Financial charges | 65/66B | €4,975 | €10,045 | +€5,069 | +102% |
| Recurring financial charges | 65 | €4,975 | €10,045 | +€5,069 | +102% |
| Profit (loss) for the period before taxes | 9903 | €50,873 | €56,828 | +€5,955 | +11.7% |
| Income taxes | 67/77 | - | €12,118 | +€12,118 | |
| Profit (loss) for the period | 9904 | €50,873 | €44,709 | -€6,163 | -12.1% |
| Profit (loss) for the period to be appropriated | 9905 | €50,873 | €44,709 | -€6,163 | -12.1% |
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 1 November 2026 via checked.be.