KAASHANDEL FORMENT: 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.
KAASHANDEL FORMENT
Largest movements
- Receivables within one year +€21,477
up €21,477 (+1006.1%), from €2,135 to €23,612
of which Other amounts receivable: +€11,727
- Tangible fixed assets -€21,252
down €21,252 (-7.9%), from €269,724 to €248,472
of which Land and buildings: -€18,749
- Stocks and contracts -€5,000
down €5,000 (-18.9%), from €26,400 to €21,400
- Debts after one year -€26,468
down €26,468 (-16.8%), from €157,894 to €131,426
- Trade debts +€18,798
up €18,798 (+49.4%), from €38,065 to €56,863
- Profit (loss) carried forward +€11,982
up €11,982 (+31.7%), from €37,806 to €49,788
- Tax, wage and social debts -€10,273
down €10,273 (-59.1%), from €17,378 to €7,105
of which Taxes: -€10,256
- Other debts -€7,531
down €7,531 (-16.8%), from €44,812 to €37,281
- Gross operating margin -€12,704
down €12,704 (-19.7%), from €64,450 to €51,746
- Taxes -€9,031
down €9,031 (-71.3%), from €12,666 to €3,635
- Depreciation +€7,439
up €7,439 (+40.0%), from €18,604 to €26,043
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 | €343,327 | €339,808 | -€3,519 | -1.0% |
| Fixed assets | 21/28 | €269,724 | €248,472 | -€21,252 | -7.9% |
| Tangible fixed assets | 22/27 | €269,724 | €248,472 | -€21,252 | -7.9% |
| Land and buildings | 22 | €241,023 | €222,274 | -€18,749 | -7.8% |
| Plant, machinery and equipment | 23 | €1,991 | €5,063 | +€3,072 | +154.3% |
| Furniture and vehicles | 24 | €26,711 | €21,135 | -€5,575 | -20.9% |
| Current assets | 29/58 | €73,602 | €91,336 | +€17,733 | +24.1% |
| Stocks and contracts in progress | 3 | €26,400 | €21,400 | -€5,000 | -18.9% |
| Stocks | 30/36 | €26,400 | €21,400 | -€5,000 | -18.9% |
| Amounts receivable within one year | 40/41 | €2,135 | €23,612 | +€21,477 | +1006.1% |
| Trade receivables | 40 | €80 | €9,830 | +€9,750 | +12204.4% |
| Other amounts receivable | 41 | €2,055 | €13,782 | +€11,727 | +570.7% |
| Cash at bank and in hand | 54/58 | €42,152 | €44,045 | +€1,893 | +4.5% |
| Deferred charges and accrued income | 490/1 | €2,916 | €2,278 | -€637 | -21.9% |
| Total equity and liabilities | 10/49 | €343,327 | €339,808 | -€3,519 | -1.0% |
| Equity | 10/15 | €56,406 | €68,388 | +€11,982 | +21.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €37,806 | €49,788 | +€11,982 | +31.7% |
| Amounts payable | 17/49 | €286,921 | €271,420 | -€15,501 | -5.4% |
| Amounts payable after more than one year | 17 | €157,894 | €131,426 | -€26,468 | -16.8% |
| Financial debts | 170/4 | €157,894 | €131,426 | -€26,468 | -16.8% |
| Amounts payable within one year | 42/48 | €129,027 | €139,994 | +€10,967 | +8.5% |
| Current portion of amounts payable after more than one year | 42 | €28,771 | €31,708 | +€2,937 | +10.2% |
| Financial debts | 43 | - | €7,037 | +€7,037 | |
| Credit institutions | 430/8 | - | €7,037 | +€7,037 | |
| Trade debts | 44 | €38,065 | €56,863 | +€18,798 | +49.4% |
| Suppliers | 440/4 | €38,065 | €56,863 | +€18,798 | +49.4% |
| Taxes, remuneration and social security | 45 | €17,378 | €7,105 | -€10,273 | -59.1% |
| Taxes | 450/3 | €15,160 | €4,905 | -€10,256 | -67.6% |
| Remuneration and social security | 454/9 | €2,218 | €2,200 | -€18 | -0.8% |
| Other amounts payable | 47/48 | €44,812 | €37,281 | -€7,531 | -16.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,604 | €26,043 | +€7,439 | +40.0% |
| Other operating charges | 640/8 | €2,610 | €2,269 | -€341 | -13.1% |
| Gross operating margin | 9900 | €64,450 | €51,746 | -€12,704 | -19.7% |
| Operating profit (loss) | 9901 | €43,236 | €23,434 | -€19,802 | -45.8% |
| Financial income | 75/76B | €0 | €36 | +€36 | +182000.0% |
| Recurring financial income | 75 | €0 | €36 | +€36 | +182000.0% |
| Financial charges | 65/66B | €7,259 | €7,854 | +€594 | +8.2% |
| Recurring financial charges | 65 | €7,259 | €7,854 | +€594 | +8.2% |
| Profit (loss) for the period before taxes | 9903 | €35,977 | €15,617 | -€20,360 | -56.6% |
| Income taxes | 67/77 | €12,666 | €3,635 | -€9,031 | -71.3% |
| Profit (loss) for the period | 9904 | €23,311 | €11,982 | -€11,329 | -48.6% |
| Profit (loss) for the period to be appropriated | 9905 | €23,311 | €11,982 | -€11,329 | -48.6% |
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 1 October 2026 via checked.be.