KAScon: what changed
Two financial 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.
KAScon
Largest movements
- Cash -€212,624
down €212,624 (-75.1%), from €283,195 to €70,572
mainly Other debts (-€170,200) and Contributions, distributions and other (-€80,000)
- Tangible fixed assets -€11,986
down €11,986 (-35.5%), from €33,725 to €21,739
- Other debts -€170,200
down €170,200 (-70.8%), from €240,252 to €70,052
- Tax, wage and social debts -€45,430
down €45,430 (-84.8%), from €53,550 to €8,120
- Reserves -€8,676
down €8,676 (-29.5%), from €29,403 to €20,727
- Gross operating margin -€15,186
down €15,186 (-12.5%), from €121,322 to €106,137
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 | €329,820 | €105,529 | -€224,291 | -68.0% |
| Fixed assets | 21/28 | €33,725 | €21,739 | -€11,986 | -35.5% |
| Tangible fixed assets | 22/27 | €33,725 | €21,739 | -€11,986 | -35.5% |
| Furniture and vehicles | 24 | €33,725 | €21,739 | -€11,986 | -35.5% |
| Current assets | 29/58 | €296,095 | €83,790 | -€212,305 | -71.7% |
| Amounts receivable within one year | 40/41 | €11,934 | €12,595 | +€661 | +5.5% |
| Trade receivables | 40 | €11,934 | €12,288 | +€353 | +3.0% |
| Other amounts receivable | 41 | - | €307 | +€307 | |
| Cash at bank and in hand | 54/58 | €283,195 | €70,572 | -€212,624 | -75.1% |
| Deferred charges and accrued income | 490/1 | €966 | €624 | -€342 | -35.4% |
| Total equity and liabilities | 10/49 | €329,820 | €105,529 | -€224,291 | -68.0% |
| Equity | 10/15 | €35,403 | €26,727 | -€8,676 | -24.5% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €29,403 | €20,727 | -€8,676 | -29.5% |
| Distributable reserves | 133 | €29,403 | €20,727 | -€8,676 | -29.5% |
| Amounts payable | 17/49 | €294,417 | €78,802 | -€215,615 | -73.2% |
| Amounts payable within one year | 42/48 | €294,267 | €78,652 | -€215,615 | -73.3% |
| Trade debts | 44 | €465 | €480 | +€15 | +3.2% |
| Suppliers | 440/4 | €465 | €480 | +€15 | +3.2% |
| Taxes, remuneration and social security | 45 | €53,550 | €8,120 | -€45,430 | -84.8% |
| Taxes | 450/3 | €53,550 | €8,120 | -€45,430 | -84.8% |
| Other amounts payable | 47/48 | €240,252 | €70,052 | -€170,200 | -70.8% |
| Accrued charges and deferred income | 492/3 | €150 | €150 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,986 | €11,986 | = | 0.0% |
| Other operating charges | 640/8 | €644 | €733 | +€89 | +13.9% |
| Gross operating margin | 9900 | €121,322 | €106,137 | -€15,186 | -12.5% |
| Operating profit (loss) | 9901 | €108,692 | €93,417 | -€15,275 | -14.1% |
| Financial income | 75/76B | €3,557 | €2,556 | -€1,000 | -28.1% |
| Recurring financial income | 75 | €3,557 | €2,556 | -€1,000 | -28.1% |
| Financial charges | 65/66B | €185 | €193 | +€8 | +4.3% |
| Recurring financial charges | 65 | €185 | €193 | +€8 | +4.3% |
| Profit (loss) for the period before taxes | 9903 | €112,064 | €95,781 | -€16,283 | -14.5% |
| Income taxes | 67/77 | €23,624 | €24,457 | +€833 | +3.5% |
| Profit (loss) for the period | 9904 | €88,440 | €71,324 | -€17,116 | -19.4% |
| Profit (loss) for the period to be appropriated | 9905 | €88,440 | €71,324 | -€17,116 | -19.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.