KASFLO: 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.
KASFLO
Largest movements
- Cash +€306,343
up €306,343 (+118%), from €258,839 to €565,182
mainly Net result for the year (+€223,754) and Current investments (+€150,000)
- Current investments -€150,000
no longer reported in 2025 (was €150,000)
- Deferred charges and accrued income +€20,323
up €20,323 (+39.2%), from €51,845 to €72,168
- Tangible fixed assets -€15,888
down €15,888 (-29.1%), from €54,547 to €38,660
- Profit (loss) carried forward +€223,754
up €223,754 (+56.1%), from €398,691 to €622,446
- Tax, wage and social debts -€62,277
down €62,277 (-41.2%), from €151,280 to €89,003
- Gross operating margin -€12,546
down €12,546 (-3.9%), from €321,931 to €309,384
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.
Derived cash bridge
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 | €566,767 | €724,190 | +€157,422 | +27.8% |
| Fixed assets | 21/28 | €54,547 | €38,660 | -€15,888 | -29.1% |
| Tangible fixed assets | 22/27 | €54,547 | €38,660 | -€15,888 | -29.1% |
| Furniture and vehicles | 24 | €54,547 | €38,660 | -€15,888 | -29.1% |
| Current assets | 29/58 | €512,220 | €685,530 | +€173,310 | +33.8% |
| Amounts receivable within one year | 40/41 | €51,536 | €48,180 | -€3,357 | -6.5% |
| Trade receivables | 40 | €47,948 | €38,930 | -€9,018 | -18.8% |
| Other amounts receivable | 41 | €3,588 | €9,250 | +€5,662 | +158% |
| Current investments | 50/53 | €150,000 | - | -€150,000 | |
| Cash at bank and in hand | 54/58 | €258,839 | €565,182 | +€306,343 | +118% |
| Deferred charges and accrued income | 490/1 | €51,845 | €72,168 | +€20,323 | +39.2% |
| Total equity and liabilities | 10/49 | €566,767 | €724,190 | +€157,422 | +27.8% |
| Equity | 10/15 | €403,691 | €627,446 | +€223,754 | +55.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €398,691 | €622,446 | +€223,754 | +56.1% |
| Amounts payable | 17/49 | €163,076 | €96,744 | -€66,332 | -40.7% |
| Amounts payable within one year | 42/48 | €163,076 | €94,744 | -€68,332 | -41.9% |
| Trade debts | 44 | €11,796 | €5,741 | -€6,055 | -51.3% |
| Suppliers | 440/4 | €11,796 | €5,741 | -€6,055 | -51.3% |
| Taxes, remuneration and social security | 45 | €151,280 | €89,003 | -€62,277 | -41.2% |
| Taxes | 450/3 | €151,280 | €89,003 | -€62,277 | -41.2% |
| Accrued charges and deferred income | 492/3 | - | €2,000 | +€2,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,888 | €15,888 | = | 0.0% |
| Other operating charges | 640/8 | €627 | €1,261 | +€634 | +101% |
| Non-recurring operating charges | 66A | €252 | €202 | -€50 | -19.8% |
| Gross operating margin | 9900 | €321,931 | €309,384 | -€12,546 | -3.9% |
| Operating profit (loss) | 9901 | €305,164 | €292,033 | -€13,130 | -4.3% |
| Financial income | 75/76B | €476 | €2,247 | +€1,771 | +372% |
| Recurring financial income | 75 | €476 | €2,247 | +€1,771 | +372% |
| Financial charges | 65/66B | €92 | €82 | -€10 | -10.8% |
| Recurring financial charges | 65 | €92 | €82 | -€10 | -10.8% |
| Profit (loss) for the period before taxes | 9903 | €305,547 | €294,198 | -€11,349 | -3.7% |
| Income taxes | 67/77 | €72,486 | €70,444 | -€2,043 | -2.8% |
| Profit (loss) for the period | 9904 | €233,061 | €223,754 | -€9,307 | -4.0% |
| Profit (loss) for the period to be appropriated | 9905 | €233,061 | €223,754 | -€9,307 | -4.0% |
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 30 October 2026 via checked.be.