KASAP SADIK: what changed
KASAP SADIK
Largest movements
- Cash -€14,324
down €14,324 (-65.5%), from €21,882 to €7,558
mainly Trade debts (-€10,145) and Advances received (-€10,100)
- Receivables within one year +€6,891
up €6,891 (+4.4%), from €157,792 to €164,683
of which Other amounts receivable: +€16,115
- Stocks and contracts +€2,130
up €2,130 (+17.1%), from €12,491 to €14,621
- Tax, wage and social debts +€11,097
up €11,097 (+104%), from €10,697 to €21,794
- Trade debts -€10,145
down €10,145 (-17.8%), from €57,017 to €46,872
- Advances received -€10,100
no longer reported in 2024 (was €10,100)
- Short-term financial debts +€4,578
new in 2024: €4,578
- Gross operating margin -€14,768
down €14,768, from €11,248 to -€3,520
- Financial income +€9,003
up €9,003 (+109%), from €8,250 to €17,252
of which Financial income: +€17,252
- Taxes -€3,161
no longer reported in 2024 (was €3,161)
- Depreciation +€952
up €952 (+33.6%), from €2,832 to €3,784
- Other operating charges +€671
up €671 (+92.7%), from €724 to €1,395
Change in the result, 2023 to 2024
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 2023 and 2024 balance sheets and the 2024 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 | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €203,476 | €200,271 | -€3,205 | -1.6% |
| Fixed assets | 21/28 | €9,584 | €11,615 | +€2,031 | +21.2% |
| Tangible fixed assets | 22/27 | €4,984 | €7,015 | +€2,031 | +40.8% |
| Furniture and vehicles | 24 | €4,984 | €7,015 | +€2,031 | +40.8% |
| Financial fixed assets | 28 | €4,600 | €4,600 | = | 0.0% |
| Current assets | 29/58 | €193,892 | €188,656 | -€5,236 | -2.7% |
| Stocks and contracts in progress | 3 | €12,491 | €14,621 | +€2,130 | +17.1% |
| Stocks | 30/36 | €12,491 | €14,621 | +€2,130 | +17.1% |
| Amounts receivable within one year | 40/41 | €157,792 | €164,683 | +€6,891 | +4.4% |
| Trade receivables | 40 | €9,224 | - | -€9,224 | |
| Other amounts receivable | 41 | €148,569 | €164,683 | +€16,115 | +10.8% |
| Cash at bank and in hand | 54/58 | €21,882 | €7,558 | -€14,324 | -65.5% |
| Deferred charges and accrued income | 490/1 | €1,726 | €1,793 | +€66 | +3.8% |
| Total equity and liabilities | 10/49 | €203,476 | €200,271 | -€3,205 | -1.6% |
| Equity | 10/15 | €125,162 | €127,027 | +€1,865 | +1.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Other | 1319 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | €117,102 | €118,967 | +€1,865 | +1.6% |
| Amounts payable | 17/49 | €78,314 | €73,244 | -€5,070 | -6.5% |
| Amounts payable within one year | 42/48 | €78,314 | €73,244 | -€5,070 | -6.5% |
| Financial debts | 43 | - | €4,578 | +€4,578 | |
| Credit institutions | 430/8 | - | €4,578 | +€4,578 | |
| Trade debts | 44 | €57,017 | €46,872 | -€10,145 | -17.8% |
| Suppliers | 440/4 | €57,017 | €46,872 | -€10,145 | -17.8% |
| Advances received on contracts in progress | 46 | €10,100 | - | -€10,100 | |
| Taxes, remuneration and social security | 45 | €10,697 | €21,794 | +€11,097 | +104% |
| Taxes | 450/3 | €10,697 | €21,794 | +€11,097 | +104% |
| Other amounts payable | 47/48 | €500 | - | -€500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,832 | €3,784 | +€952 | +33.6% |
| Other operating charges | 640/8 | €724 | €1,395 | +€671 | +92.7% |
| Gross operating margin | 9900 | €11,248 | -€3,520 | -€14,768 | |
| Operating profit (loss) | 9901 | €7,692 | -€8,699 | -€16,391 | |
| Financial income | 75/76B | €8,250 | €17,252 | +€9,003 | +109% |
| Recurring financial income | 75 | €0 | €17,252 | +€17,252 | +43,130,600% |
| Non-recurring financial income | 76B | €8,250 | - | -€8,250 | |
| Financial charges | 65/66B | €6,270 | €6,689 | +€419 | +6.7% |
| Recurring financial charges | 65 | €6,270 | €6,689 | +€419 | +6.7% |
| Profit (loss) for the period before taxes | 9903 | €9,672 | €1,865 | -€7,807 | -80.7% |
| Income taxes | 67/77 | €3,161 | - | -€3,161 | |
| Profit (loss) for the period | 9904 | €6,510 | €1,865 | -€4,645 | -71.4% |
| Profit (loss) for the period to be appropriated | 9905 | €6,510 | €1,865 | -€4,645 | -71.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.