KASAL: 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.
KASAL
Largest movements
- Tangible fixed assets -€11,630
down €11,630 (-23.5%), from €49,582 to €37,952
of which Furniture and vehicles: -€11,156
- Cash +€1,225
up €1,225 (+22.5%), from €5,450 to €6,675
mainly Net result for the year (+€22,430) and Depreciation (+€11,630)
- Other debts -€40,266
down €40,266 (-45.0%), from €89,489 to €49,223
- Reserves +€22,430
up €22,430 (+1205.9%), from €1,860 to €24,290
- Tax, wage and social debts +€5,973
up €5,973 (+561.1%), from €1,064 to €7,037
- Trade debts +€882
up €882 (+42021.4%), from €2 to €885
- Taxes +€4,908
up €4,908 (+992.3%), from €495 to €5,402
- Depreciation +€3,106
up €3,106 (+36.4%), from €8,524 to €11,630
- Other operating charges -€2,595
down €2,595 (-73.7%), from €3,523 to €928
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 | €55,248 | €44,715 | -€10,533 | -19.1% |
| Fixed assets | 21/28 | €49,582 | €37,952 | -€11,630 | -23.5% |
| Tangible fixed assets | 22/27 | €49,582 | €37,952 | -€11,630 | -23.5% |
| Plant, machinery and equipment | 23 | €4,187 | €3,713 | -€474 | -11.3% |
| Furniture and vehicles | 24 | €45,395 | €34,239 | -€11,156 | -24.6% |
| Current assets | 29/58 | €5,666 | €6,764 | +€1,097 | +19.4% |
| Amounts receivable within one year | 40/41 | €216 | €89 | -€127 | -59.0% |
| Trade receivables | 40 | €216 | €89 | -€127 | -59.0% |
| Other amounts receivable | 41 | €0 | €0 | = | |
| Cash at bank and in hand | 54/58 | €5,450 | €6,675 | +€1,225 | +22.5% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €55,248 | €44,715 | -€10,533 | -19.1% |
| Equity | 10/15 | -€35,307 | -€12,877 | +€22,430 | +63.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €24,290 | +€22,430 | +1205.9% |
| Distributable reserves | 133 | €1,860 | €24,290 | +€22,430 | +1205.9% |
| Profit (loss) carried forward | 14 | -€49,567 | -€49,567 | = | 0.0% |
| Amounts payable | 17/49 | €90,555 | €57,592 | -€32,963 | -36.4% |
| Amounts payable within one year | 42/48 | €90,555 | €57,592 | -€32,963 | -36.4% |
| Trade debts | 44 | €2 | €885 | +€882 | +42021.4% |
| Suppliers | 440/4 | €2 | €885 | +€882 | +42021.4% |
| Advances received on contracts in progress | 46 | - | €448 | +€448 | |
| Taxes, remuneration and social security | 45 | €1,064 | €7,037 | +€5,973 | +561.1% |
| Taxes | 450/3 | €1,064 | €7,037 | +€5,973 | +561.1% |
| Other amounts payable | 47/48 | €89,489 | €49,223 | -€40,266 | -45.0% |
| Turnover | 70 | €0 | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,524 | €11,630 | +€3,106 | +36.4% |
| Other operating charges | 640/8 | €3,523 | €928 | -€2,595 | -73.7% |
| Gross operating margin | 9900 | €40,796 | €40,622 | -€175 | -0.4% |
| Operating profit (loss) | 9901 | €28,749 | €28,063 | -€686 | -2.4% |
| Financial income | 75/76B | €0 | €0 | = | 0.0% |
| Recurring financial income | 75 | €0 | €0 | = | 0.0% |
| Financial charges | 65/66B | €241 | €231 | -€10 | -4.0% |
| Recurring financial charges | 65 | €241 | €231 | -€10 | -4.0% |
| Profit (loss) for the period before taxes | 9903 | €28,508 | €27,832 | -€676 | -2.4% |
| Income taxes | 67/77 | €495 | €5,402 | +€4,908 | +992.3% |
| Profit (loss) for the period | 9904 | €28,014 | €22,430 | -€5,584 | -19.9% |
| Profit (loss) for the period to be appropriated | 9905 | €28,014 | €22,430 | -€5,584 | -19.9% |
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 4 October 2026 via checked.be.