KASAM: 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.
KASAM
Largest movements
- Deferred charges and accrued income +€20,538
up €20,538 (+4972.1%), from €413 to €20,951
- Receivables within one year +€11,130
up €11,130 (+91.3%), from €12,184 to €23,314
- Cash +€9,199
up €9,199 (+51.8%), from €17,750 to €26,949
mainly Trade debts (+€43,430) and Depreciation (+€11,542)
- Tangible fixed assets -€5,951
down €5,951 (-19.7%), from €30,245 to €24,294
of which Plant, machinery and equipment: -€4,938
- Trade debts +€43,430
up €43,430 (+103.0%), from €42,165 to €85,596
- Other debts -€7,450
down €7,450 (-30.4%), from €24,476 to €17,026
- Tax, wage and social debts -€1,908
down €1,908 (-14.6%), from €13,088 to €11,180
of which Remuneration and social security: -€1,650
- Gross operating margin +€15,057
up €15,057 (+17.2%), from €87,678 to €102,735
- Staff costs +€15,001
up €15,001 (+21.4%), from €70,078 to €85,078
- Financial income -€1,874
down €1,874 (-99.7%), from €1,880 to €6
of which Non-recurring financial income: -€1,860
- Depreciation +€1,622
up €1,622 (+16.3%), from €9,920 to €11,542
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 | €75,388 | €109,591 | +€34,203 | +45.4% |
| Fixed assets | 21/28 | €30,535 | €24,584 | -€5,951 | -19.5% |
| Tangible fixed assets | 22/27 | €30,245 | €24,294 | -€5,951 | -19.7% |
| Land and buildings | 22 | €2,684 | €2,384 | -€300 | -11.2% |
| Plant, machinery and equipment | 23 | €23,232 | €18,294 | -€4,938 | -21.3% |
| Furniture and vehicles | 24 | €4,328 | €3,616 | -€713 | -16.5% |
| Financial fixed assets | 28 | €290 | €290 | = | 0.0% |
| Current assets | 29/58 | €44,854 | €85,007 | +€40,154 | +89.5% |
| Stocks and contracts in progress | 3 | €14,506 | €13,792 | -€714 | -4.9% |
| Stocks | 30/36 | €14,506 | €13,792 | -€714 | -4.9% |
| Amounts receivable within one year | 40/41 | €12,184 | €23,314 | +€11,130 | +91.3% |
| Other amounts receivable | 41 | €12,184 | €23,314 | +€11,130 | +91.3% |
| Cash at bank and in hand | 54/58 | €17,750 | €26,949 | +€9,199 | +51.8% |
| Deferred charges and accrued income | 490/1 | €413 | €20,951 | +€20,538 | +4972.1% |
| Total equity and liabilities | 10/49 | €75,388 | €109,591 | +€34,203 | +45.4% |
| Equity | 10/15 | -€4,341 | -€4,210 | +€130 | +3.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,541 | -€10,410 | +€130 | +1.2% |
| Amounts payable | 17/49 | €79,729 | €113,802 | +€34,073 | +42.7% |
| Amounts payable within one year | 42/48 | €79,729 | €113,802 | +€34,073 | +42.7% |
| Trade debts | 44 | €42,165 | €85,596 | +€43,430 | +103.0% |
| Suppliers | 440/4 | €42,165 | €85,596 | +€43,430 | +103.0% |
| Taxes, remuneration and social security | 45 | €13,088 | €11,180 | -€1,908 | -14.6% |
| Taxes | 450/3 | €259 | - | -€259 | |
| Remuneration and social security | 454/9 | €12,829 | €11,180 | -€1,650 | -12.9% |
| Other amounts payable | 47/48 | €24,476 | €17,026 | -€7,450 | -30.4% |
| Remuneration, social security and pensions | 62 | €70,078 | €85,078 | +€15,001 | +21.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,920 | €11,542 | +€1,622 | +16.3% |
| Other operating charges | 640/8 | €2,379 | €1,504 | -€875 | -36.8% |
| Gross operating margin | 9900 | €87,678 | €102,735 | +€15,057 | +17.2% |
| Operating profit (loss) | 9901 | €5,302 | €4,611 | -€691 | -13.0% |
| Financial income | 75/76B | €1,880 | €6 | -€1,874 | -99.7% |
| Recurring financial income | 75 | €20 | €6 | -€14 | -70.0% |
| Non-recurring financial income | 76B | €1,860 | - | -€1,860 | |
| Financial charges | 65/66B | €4,541 | €4,487 | -€54 | -1.2% |
| Recurring financial charges | 65 | €4,541 | €4,487 | -€54 | -1.2% |
| Profit (loss) for the period before taxes | 9903 | €2,642 | €130 | -€2,511 | -95.1% |
| Profit (loss) for the period | 9904 | €2,642 | €130 | -€2,511 | -95.1% |
| Profit (loss) for the period to be appropriated | 9905 | €2,642 | €130 | -€2,511 | -95.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.