KASCEN: 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.
KASCEN
Largest movements
- Deferred charges and accrued income -€47,198
down €47,198 (-64.9%), from €72,780 to €25,582
- Cash -€43,013
down €43,013 (-46.7%), from €92,028 to €49,014
mainly Receivables within one year (-€42,883) and Debts after one year (-€30,891)
- Receivables within one year +€42,883
up €42,883 (+16.2%), from €265,049 to €307,932
of which Trade receivables: +€34,238
- Intangible fixed assets +€10,436
up €10,436 (+2388.5%), from €437 to €10,873
- Tangible fixed assets +€7,507
up €7,507 (+188.6%), from €3,981 to €11,488
- Debts after one year -€30,891
down €30,891 (-66.3%), from €46,568 to €15,677
- Trade debts +€20,394
up €20,394 (+18.2%), from €112,338 to €132,732
- Profit (loss) carried forward -€12,311
down €12,311 (-51.9%), from €23,727 to €11,417
- Tax, wage and social debts -€8,070
down €8,070 (-29.4%), from €27,486 to €19,416
of which Taxes: -€9,615
- Staff costs +€8,801
up €8,801 (+10.4%), from €84,370 to €93,171
- Financial charges +€2,480
up €2,480 (+18.1%), from €13,694 to €16,173
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 | €435,865 | €406,523 | -€29,342 | -6.7% |
| Fixed assets | 21/28 | €6,009 | €23,995 | +€17,985 | +299.3% |
| Intangible fixed assets | 21 | €437 | €10,873 | +€10,436 | +2388.5% |
| Tangible fixed assets | 22/27 | €3,981 | €11,488 | +€7,507 | +188.6% |
| Furniture and vehicles | 24 | €3,981 | €11,488 | +€7,507 | +188.6% |
| Financial fixed assets | 28 | €1,591 | €1,633 | +€42 | +2.6% |
| Current assets | 29/58 | €429,856 | €382,528 | -€47,328 | -11.0% |
| Amounts receivable within one year | 40/41 | €265,049 | €307,932 | +€42,883 | +16.2% |
| Trade receivables | 40 | €260,432 | €294,670 | +€34,238 | +13.1% |
| Other amounts receivable | 41 | €4,617 | €13,263 | +€8,646 | +187.3% |
| Cash at bank and in hand | 54/58 | €92,028 | €49,014 | -€43,013 | -46.7% |
| Deferred charges and accrued income | 490/1 | €72,780 | €25,582 | -€47,198 | -64.9% |
| Total equity and liabilities | 10/49 | €435,865 | €406,523 | -€29,342 | -6.7% |
| Equity | 10/15 | €44,187 | €31,877 | -€12,311 | -27.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 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 | = | 0.0% |
| Profit (loss) carried forward | 14 | €23,727 | €11,417 | -€12,311 | -51.9% |
| Amounts payable | 17/49 | €391,678 | €374,646 | -€17,032 | -4.3% |
| Amounts payable after more than one year | 17 | €46,568 | €15,677 | -€30,891 | -66.3% |
| Financial debts | 170/4 | €46,568 | €15,677 | -€30,891 | -66.3% |
| Amounts payable within one year | 42/48 | €345,110 | €358,039 | +€12,929 | +3.7% |
| Current portion of amounts payable after more than one year | 42 | €205,286 | €205,891 | +€605 | +0.3% |
| Trade debts | 44 | €112,338 | €132,732 | +€20,394 | +18.2% |
| Suppliers | 440/4 | €112,338 | €132,732 | +€20,394 | +18.2% |
| Taxes, remuneration and social security | 45 | €27,486 | €19,416 | -€8,070 | -29.4% |
| Taxes | 450/3 | €12,950 | €3,335 | -€9,615 | -74.2% |
| Remuneration and social security | 454/9 | €14,536 | €16,081 | +€1,545 | +10.6% |
| Accrued charges and deferred income | 492/3 | - | €931 | +€931 | |
| Remuneration, social security and pensions | 62 | €84,370 | €93,171 | +€8,801 | +10.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,016 | €1,895 | +€880 | +86.6% |
| Other operating charges | 640/8 | €1,889 | €2,341 | +€452 | +23.9% |
| Gross operating margin | 9900 | €100,632 | €100,937 | +€304 | +0.3% |
| Operating profit (loss) | 9901 | €13,358 | €3,529 | -€9,829 | -73.6% |
| Financial income | 75/76B | €237 | €334 | +€96 | +40.6% |
| Recurring financial income | 75 | €237 | €334 | +€96 | +40.6% |
| Financial charges | 65/66B | €13,694 | €16,173 | +€2,480 | +18.1% |
| Recurring financial charges | 65 | €13,694 | €16,173 | +€2,480 | +18.1% |
| Profit (loss) for the period before taxes | 9903 | -€99 | -€12,311 | -€12,212 | -12366.5% |
| Income taxes | 67/77 | €381 | - | -€381 | |
| Profit (loss) for the period | 9904 | -€479 | -€12,311 | -€11,831 | -2467.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€479 | -€12,311 | -€11,831 | -2467.7% |
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 8 October 2026 via checked.be.