KALSOOM: 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.
KALSOOM
Largest movements
- Receivables within one year +€50,807
up €50,807 (+410.2%), from €12,385 to €63,192
of which Other amounts receivable: +€34,383
- Cash -€13,940
down €13,940 (-46.6%), from €29,902 to €15,962
mainly Receivables within one year (-€50,807) and Tax, wage and social debts (-€15,566)
- Stocks and contracts +€4,600
up €4,600 (+16.4%), from €28,100 to €32,700
- Tangible fixed assets -€2,413
down €2,413 (-28.7%), from €8,404 to €5,991
of which Plant, machinery and equipment: -€2,005
- Deferred charges and accrued income +€1,992
up €1,992 (+1382.3%), from €144 to €2,136
- Accrued charges and deferred income +€24,328
up €24,328 (+13654.2%), from €178 to €24,506
- Trade debts +€15,753
up €15,753 (+48.6%), from €32,421 to €48,174
- Tax, wage and social debts -€15,566
down €15,566 (-76.5%), from €20,353 to €4,787
of which Taxes: -€8,622
- Reserves +€12,810
up €12,810 (+67.2%), from €19,061 to €31,871
- Other debts +€3,061
up €3,061 (+116.6%), from €2,626 to €5,688
- Staff costs -€10,275
down €10,275 (-29.0%), from €35,379 to €25,104
- Gross operating margin -€7,610
down €7,610 (-13.3%), from €57,409 to €49,799
- Financial income +€3,920
up €3,920 (+2595.9%), from €151 to €4,071
- Financial charges +€1,894
up €1,894 (+41.8%), from €4,534 to €6,428
- Taxes +€1,348
up €1,348 (+45.9%), from €2,939 to €4,287
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 | €80,639 | €121,026 | +€40,387 | +50.1% |
| Formation expenses | 20 | €260 | - | -€260 | |
| Fixed assets | 21/28 | €9,848 | €7,036 | -€2,813 | -28.6% |
| Intangible fixed assets | 21 | €1,444 | €1,044 | -€400 | -27.7% |
| Tangible fixed assets | 22/27 | €8,404 | €5,991 | -€2,413 | -28.7% |
| Plant, machinery and equipment | 23 | €7,218 | €5,213 | -€2,005 | -27.8% |
| Furniture and vehicles | 24 | €1,185 | €778 | -€407 | -34.4% |
| Current assets | 29/58 | €70,531 | €113,990 | +€43,460 | +61.6% |
| Stocks and contracts in progress | 3 | €28,100 | €32,700 | +€4,600 | +16.4% |
| Stocks | 30/36 | €28,100 | €32,700 | +€4,600 | +16.4% |
| Amounts receivable within one year | 40/41 | €12,385 | €63,192 | +€50,807 | +410.2% |
| Trade receivables | 40 | €6,913 | €23,337 | +€16,424 | +237.6% |
| Other amounts receivable | 41 | €5,472 | €39,855 | +€34,383 | +628.4% |
| Cash at bank and in hand | 54/58 | €29,902 | €15,962 | -€13,940 | -46.6% |
| Deferred charges and accrued income | 490/1 | €144 | €2,136 | +€1,992 | +1382.3% |
| Total equity and liabilities | 10/49 | €80,639 | €121,026 | +€40,387 | +50.1% |
| Equity | 10/15 | €25,061 | €37,871 | +€12,810 | +51.1% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €19,061 | €31,871 | +€12,810 | +67.2% |
| Distributable reserves | 133 | €19,061 | €31,871 | +€12,810 | +67.2% |
| Amounts payable | 17/49 | €55,578 | €83,154 | +€27,576 | +49.6% |
| Amounts payable within one year | 42/48 | €55,400 | €58,649 | +€3,249 | +5.9% |
| Trade debts | 44 | €32,421 | €48,174 | +€15,753 | +48.6% |
| Suppliers | 440/4 | €32,421 | €48,174 | +€15,753 | +48.6% |
| Taxes, remuneration and social security | 45 | €20,353 | €4,787 | -€15,566 | -76.5% |
| Taxes | 450/3 | €13,410 | €4,787 | -€8,622 | -64.3% |
| Remuneration and social security | 454/9 | €6,944 | - | -€6,944 | |
| Other amounts payable | 47/48 | €2,626 | €5,688 | +€3,061 | +116.6% |
| Accrued charges and deferred income | 492/3 | €178 | €24,506 | +€24,328 | +13654.2% |
| Non-recurring operating income | 76A | - | €8,473 | +€8,473 | |
| Remuneration, social security and pensions | 62 | €35,379 | €25,104 | -€10,275 | -29.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,019 | €3,073 | +€54 | +1.8% |
| Other operating charges | 640/8 | €2,463 | €2,167 | -€295 | -12.0% |
| Gross operating margin | 9900 | €57,409 | €49,799 | -€7,610 | -13.3% |
| Operating profit (loss) | 9901 | €16,549 | €19,454 | +€2,906 | +17.6% |
| Financial income | 75/76B | €151 | €4,071 | +€3,920 | +2595.9% |
| Recurring financial income | 75 | €151 | €4,071 | +€3,920 | +2595.9% |
| Financial charges | 65/66B | €4,534 | €6,428 | +€1,894 | +41.8% |
| Recurring financial charges | 65 | €4,534 | €6,428 | +€1,894 | +41.8% |
| Profit (loss) for the period before taxes | 9903 | €12,165 | €17,097 | +€4,932 | +40.5% |
| Income taxes | 67/77 | €2,939 | €4,287 | +€1,348 | +45.9% |
| Profit (loss) for the period | 9904 | €9,226 | €12,810 | +€3,584 | +38.8% |
| Profit (loss) for the period to be appropriated | 9905 | €9,226 | €12,810 | +€3,584 | +38.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.