EL.KASMI: 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.
EL.KASMI
Largest movements
- Cash +€2,671
up €2,671 (+25.3%), from €10,557 to €13,228
mainly Net result for the year (+€8,550) and Tax, wage and social debts (+€3,550)
- Receivables within one year +€1,807
up €1,807 (+56.7%), from €3,185 to €4,993
- Stocks and contracts +€720
up €720 (+133%), from €540 to €1,260
- Deferred charges and accrued income -€506
down €506 (-48.1%), from €1,053 to €546
- Profit (loss) carried forward +€8,550
up €8,550 (+479%), from €1,784 to €10,334
- Trade debts -€4,239
down €4,239 (-91.0%), from €4,657 to €418
- Tax, wage and social debts +€3,550
up €3,550 (+491%), from €723 to €4,273
of which Remuneration and social security: +€2,400
- Debts after one year -€2,000
down €2,000 (-28.6%), from €7,000 to €5,000
- Other debts -€741
down €741 (-61.2%), from €1,210 to €469
- Financial charges -€2,207
down €2,207 (-90.7%), from €2,433 to €226
- Other operating charges -€1,581
down €1,581 (-79.8%), from €1,982 to €401
- Gross operating margin +€1,109
up €1,109 (+10.6%), from €10,439 to €11,548
- Taxes +€1,081
new in 2025: €1,081
- Depreciation -€165
down €165 (-11.3%), from €1,455 to €1,290
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 | €23,856 | €28,494 | +€4,638 | +19.4% |
| Fixed assets | 21/28 | €8,521 | €8,467 | -€54 | -0.6% |
| Tangible fixed assets | 22/27 | €2,971 | €2,917 | -€54 | -1.8% |
| Plant, machinery and equipment | 23 | €681 | €455 | -€227 | -33.3% |
| Furniture and vehicles | 24 | €1,094 | €1,519 | +€425 | +38.9% |
| Other tangible fixed assets | 26 | €1,195 | €943 | -€252 | -21.1% |
| Financial fixed assets | 28 | €5,550 | €5,550 | = | 0.0% |
| Current assets | 29/58 | €15,335 | €20,027 | +€4,692 | +30.6% |
| Stocks and contracts in progress | 3 | €540 | €1,260 | +€720 | +133% |
| Stocks | 30/36 | €540 | €1,260 | +€720 | +133% |
| Amounts receivable within one year | 40/41 | €3,185 | €4,993 | +€1,807 | +56.7% |
| Trade receivables | 40 | €3,185 | €4,993 | +€1,807 | +56.7% |
| Cash at bank and in hand | 54/58 | €10,557 | €13,228 | +€2,671 | +25.3% |
| Deferred charges and accrued income | 490/1 | €1,053 | €546 | -€506 | -48.1% |
| Total equity and liabilities | 10/49 | €23,856 | €28,494 | +€4,638 | +19.4% |
| Equity | 10/15 | €3,784 | €12,334 | +€8,550 | +226% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,784 | €10,334 | +€8,550 | +479% |
| Amounts payable | 17/49 | €20,072 | €16,160 | -€3,912 | -19.5% |
| Amounts payable after more than one year | 17 | €7,000 | €5,000 | -€2,000 | -28.6% |
| Financial debts | 170/4 | €7,000 | €5,000 | -€2,000 | -28.6% |
| Amounts payable within one year | 42/48 | €12,590 | €11,160 | -€1,430 | -11.4% |
| Current portion of amounts payable after more than one year | 42 | €6,000 | €6,000 | = | 0.0% |
| Trade debts | 44 | €4,657 | €418 | -€4,239 | -91.0% |
| Suppliers | 440/4 | €4,657 | €418 | -€4,239 | -91.0% |
| Taxes, remuneration and social security | 45 | €723 | €4,273 | +€3,550 | +491% |
| Taxes | 450/3 | €723 | €1,873 | +€1,150 | +159% |
| Remuneration and social security | 454/9 | - | €2,400 | +€2,400 | |
| Other amounts payable | 47/48 | €1,210 | €469 | -€741 | -61.2% |
| Accrued charges and deferred income | 492/3 | €481 | - | -€481 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,455 | €1,290 | -€165 | -11.3% |
| Other operating charges | 640/8 | €1,982 | €401 | -€1,581 | -79.8% |
| Gross operating margin | 9900 | €10,439 | €11,548 | +€1,109 | +10.6% |
| Operating profit (loss) | 9901 | €7,002 | €9,857 | +€2,854 | +40.8% |
| Financial charges | 65/66B | €2,433 | €226 | -€2,207 | -90.7% |
| Recurring financial charges | 65 | €2,433 | €226 | -€2,207 | -90.7% |
| Profit (loss) for the period before taxes | 9903 | €4,569 | €9,631 | +€5,062 | +111% |
| Income taxes | 67/77 | - | €1,081 | +€1,081 | |
| Profit (loss) for the period | 9904 | €4,569 | €8,550 | +€3,980 | +87.1% |
| Profit (loss) for the period to be appropriated | 9905 | €4,569 | €8,550 | +€3,980 | +87.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.