KASANAI: what changed
KASANAI
Largest movements
- Receivables within one year -€26,839
down €26,839 (-59.8%), from €44,916 to €18,077
of which Trade receivables: -€18,501
- Tangible fixed assets -€6,906
down €6,906 (-20.8%), from €33,252 to €26,346
- Intangible fixed assets -€1,974
down €1,974 (-28.4%), from €6,950 to €4,976
- Cash -€1,933
down €1,933 (-7.6%), from €25,580 to €23,648
mainly Net result for the year (-€31,599) and Tax, wage and social debts (-€2,773)
- Stocks and contracts +€1,567
up €1,567 (+54.6%), from €2,870 to €4,437
- Reserves -€31,599
down €31,599 (-40.0%), from €78,996 to €47,397
- Tax, wage and social debts -€2,773
down €2,773 (-28.4%), from €9,753 to €6,980
of which Remuneration and social security: -€2,771
- Other debts -€1,744
down €1,744 (-9.3%), from €18,791 to €17,047
- Gross operating margin -€65,713
down €65,713, from €47,777 to -€17,935
- Taxes -€4,640
no longer reported in 2025 (was €4,640)
- Depreciation +€2,190
up €2,190 (+27.1%), from €8,094 to €10,284
- Financial charges +€1,841
up €1,841 (+188%), from €980 to €2,821
- Other operating charges -€710
down €710 (-49.7%), from €1,430 to €720
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €113,568 | €78,531 | -€35,037 | -30.9% |
| Fixed assets | 21/28 | €40,202 | €31,322 | -€8,880 | -22.1% |
| Intangible fixed assets | 21 | €6,950 | €4,976 | -€1,974 | -28.4% |
| Tangible fixed assets | 22/27 | €33,252 | €26,346 | -€6,906 | -20.8% |
| Plant, machinery and equipment | 23 | €33,252 | €26,346 | -€6,906 | -20.8% |
| Current assets | 29/58 | €73,367 | €47,209 | -€26,157 | -35.7% |
| Stocks and contracts in progress | 3 | €2,870 | €4,437 | +€1,567 | +54.6% |
| Stocks | 30/36 | €2,870 | €4,437 | +€1,567 | +54.6% |
| Amounts receivable within one year | 40/41 | €44,916 | €18,077 | -€26,839 | -59.8% |
| Trade receivables | 40 | €31,522 | €13,022 | -€18,501 | -58.7% |
| Other amounts receivable | 41 | €13,394 | €5,056 | -€8,339 | -62.3% |
| Cash at bank and in hand | 54/58 | €25,580 | €23,648 | -€1,933 | -7.6% |
| Deferred charges and accrued income | 490/1 | - | €1,048 | +€1,048 | |
| Total equity and liabilities | 10/49 | €113,568 | €78,531 | -€35,037 | -30.9% |
| Equity | 10/15 | €80,496 | €48,897 | -€31,599 | -39.3% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €78,996 | €47,397 | -€31,599 | -40.0% |
| Distributable reserves | 133 | €78,996 | €47,397 | -€31,599 | -40.0% |
| Amounts payable | 17/49 | €33,072 | €29,634 | -€3,438 | -10.4% |
| Amounts payable within one year | 42/48 | €33,072 | €29,634 | -€3,438 | -10.4% |
| Trade debts | 44 | €4,528 | €5,607 | +€1,079 | +23.8% |
| Suppliers | 440/4 | €4,528 | €5,607 | +€1,079 | +23.8% |
| Taxes, remuneration and social security | 45 | €9,753 | €6,980 | -€2,773 | -28.4% |
| Taxes | 450/3 | €6,982 | €6,980 | -€2 | 0.0% |
| Remuneration and social security | 454/9 | €2,771 | - | -€2,771 | |
| Other amounts payable | 47/48 | €18,791 | €17,047 | -€1,744 | -9.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,094 | €10,284 | +€2,190 | +27.1% |
| Other operating charges | 640/8 | €1,430 | €720 | -€710 | -49.7% |
| Gross operating margin | 9900 | €47,777 | -€17,935 | -€65,713 | |
| Operating profit (loss) | 9901 | €38,253 | -€28,939 | -€67,192 | |
| Financial income | 75/76B | - | €162 | +€162 | |
| Recurring financial income | 75 | - | €162 | +€162 | |
| Financial charges | 65/66B | €980 | €2,821 | +€1,841 | +188% |
| Recurring financial charges | 65 | €980 | €2,821 | +€1,841 | +188% |
| Profit (loss) for the period before taxes | 9903 | €37,273 | -€31,599 | -€68,872 | |
| Income taxes | 67/77 | €4,640 | - | -€4,640 | |
| Profit (loss) for the period | 9904 | €32,633 | -€31,599 | -€64,232 | |
| Profit (loss) for the period to be appropriated | 9905 | €32,633 | -€31,599 | -€64,232 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.