FI - KAS: 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.
FI - KAS
Largest movements
- Cash +€14,001
up €14,001 (+2.8%), from €507,507 to €521,509
mainly Net result for the year (+€24,991) and Depreciation (+€1,577)
- Profit (loss) carried forward +€24,991
up €24,991 (+5.7%), from €438,089 to €463,080
- Gross operating margin -€26,329
down €26,329 (-41.4%), from €63,565 to €37,237
- Taxes -€6,392
down €6,392 (-40.8%), from €15,654 to €9,262
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 | €562,722 | €581,300 | +€18,578 | +3.3% |
| Fixed assets | 21/28 | €4,473 | €4,372 | -€101 | -2.3% |
| Tangible fixed assets | 22/27 | €4,473 | €4,372 | -€101 | -2.3% |
| Plant, machinery and equipment | 23 | €201 | €1,100 | +€899 | +446.6% |
| Other tangible fixed assets | 26 | €4,272 | €3,272 | -€1,000 | -23.4% |
| Current assets | 29/58 | €558,249 | €576,928 | +€18,679 | +3.3% |
| Amounts receivable within one year | 40/41 | €47,627 | €52,701 | +€5,074 | +10.7% |
| Trade receivables | 40 | €47,627 | €49,701 | +€2,074 | +4.4% |
| Other amounts receivable | 41 | - | €3,000 | +€3,000 | |
| Cash at bank and in hand | 54/58 | €507,507 | €521,509 | +€14,001 | +2.8% |
| Deferred charges and accrued income | 490/1 | €3,115 | €2,718 | -€397 | -12.7% |
| Total equity and liabilities | 10/49 | €562,722 | €581,300 | +€18,578 | +3.3% |
| Equity | 10/15 | €477,583 | €502,574 | +€24,991 | +5.2% |
| Contributions | 10/11 | €35,750 | €35,750 | = | 0.0% |
| Reserves | 13 | €3,744 | €3,744 | = | 0.0% |
| Tax-exempt reserves | 132 | €3,744 | €3,744 | = | 0.0% |
| Profit (loss) carried forward | 14 | €438,089 | €463,080 | +€24,991 | +5.7% |
| Amounts payable | 17/49 | €85,139 | €78,726 | -€6,413 | -7.5% |
| Amounts payable after more than one year | 17 | €55,000 | €55,000 | = | 0.0% |
| Other amounts payable | 178/9 | €55,000 | €55,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €30,007 | €23,592 | -€6,416 | -21.4% |
| Trade debts | 44 | €1,064 | €1,032 | -€32 | -3.0% |
| Suppliers | 440/4 | €1,064 | €1,032 | -€32 | -3.0% |
| Taxes, remuneration and social security | 45 | €20,554 | €16,931 | -€3,623 | -17.6% |
| Taxes | 450/3 | €20,554 | €16,931 | -€3,623 | -17.6% |
| Other amounts payable | 47/48 | €8,389 | €5,629 | -€2,760 | -32.9% |
| Accrued charges and deferred income | 492/3 | €131 | €134 | +€3 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,306 | €1,577 | +€270 | +20.7% |
| Other operating charges | 640/8 | €716 | €1,291 | +€575 | +80.2% |
| Gross operating margin | 9900 | €63,565 | €37,237 | -€26,329 | -41.4% |
| Operating profit (loss) | 9901 | €61,543 | €34,369 | -€27,174 | -44.2% |
| Financial income | 75/76B | - | €151 | +€151 | |
| Recurring financial income | 75 | - | €151 | +€151 | |
| Financial charges | 65/66B | €372 | €267 | -€105 | -28.3% |
| Recurring financial charges | 65 | €372 | €267 | -€105 | -28.3% |
| Profit (loss) for the period before taxes | 9903 | €61,171 | €34,253 | -€26,918 | -44.0% |
| Income taxes | 67/77 | €15,654 | €9,262 | -€6,392 | -40.8% |
| Profit (loss) for the period | 9904 | €45,517 | €24,991 | -€20,526 | -45.1% |
| Profit (loss) for the period to be appropriated | 9905 | €45,517 | €24,991 | -€20,526 | -45.1% |
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 9 October 2026 via checked.be.