KASIBEL: 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.
KASIBEL
Largest movements
- Cash +€7,587
up €7,587 (+2705.6%), from €280 to €7,867
mainly Receivables after one year (+€2,905) and Depreciation (+€1,893)
- Receivables after one year -€2,905
down €2,905 (-22.5%), from €12,907 to €10,002
- Tangible fixed assets -€1,893
down €1,893 (-41.4%), from €4,573 to €2,680
- Tax, wage and social debts +€1,666
up €1,666 (+90.5%), from €1,841 to €3,507
- Other debts +€428
new in 2025: €428
- Profit (loss) carried forward +€347
up €347 (+5.0%), from €6,883 to €7,230
- Gross operating margin -€6,245
down €6,245 (-57.5%), from €10,854 to €4,609
- Depreciation -€1,313
down €1,313 (-41.0%), from €3,206 to €1,893
- Taxes -€858
down €858 (-38.6%), from €2,220 to €1,362
- Other operating charges -€435
down €435 (-40.3%), from €1,080 to €645
- Staff costs +€163
up €163, from €0 to €163
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 | €18,057 | €20,641 | +€2,583 | +14.3% |
| Fixed assets | 21/28 | €4,573 | €2,680 | -€1,893 | -41.4% |
| Tangible fixed assets | 22/27 | €4,573 | €2,680 | -€1,893 | -41.4% |
| Furniture and vehicles | 24 | €4,573 | €2,680 | -€1,893 | -41.4% |
| Current assets | 29/58 | €13,484 | €17,961 | +€4,476 | +33.2% |
| Amounts receivable after more than one year | 29 | €12,907 | €10,002 | -€2,905 | -22.5% |
| Trade receivables | 290 | €12,907 | €10,002 | -€2,905 | -22.5% |
| Amounts receivable within one year | 40/41 | €297 | €91 | -€206 | -69.3% |
| Trade receivables | 40 | €206 | €0 | -€206 | -100.0% |
| Other amounts receivable | 41 | €91 | €91 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €280 | €7,867 | +€7,587 | +2705.6% |
| Total equity and liabilities | 10/49 | €18,057 | €20,641 | +€2,583 | +14.3% |
| Equity | 10/15 | €14,943 | €15,290 | +€347 | +2.3% |
| 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 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,883 | €7,230 | +€347 | +5.0% |
| Amounts payable | 17/49 | €3,115 | €5,351 | +€2,237 | +71.8% |
| Amounts payable within one year | 42/48 | €3,115 | €5,351 | +€2,237 | +71.8% |
| Trade debts | 44 | €1,274 | €1,416 | +€142 | +11.2% |
| Suppliers | 440/4 | €1,274 | €1,416 | +€142 | +11.2% |
| Taxes, remuneration and social security | 45 | €1,841 | €3,507 | +€1,666 | +90.5% |
| Taxes | 450/3 | €1,841 | €3,507 | +€1,666 | +90.5% |
| Other amounts payable | 47/48 | - | €428 | +€428 | |
| Remuneration, social security and pensions | 62 | €0 | €163 | +€163 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,206 | €1,893 | -€1,313 | -41.0% |
| Other operating charges | 640/8 | €1,080 | €645 | -€435 | -40.3% |
| Gross operating margin | 9900 | €10,854 | €4,609 | -€6,245 | -57.5% |
| Operating profit (loss) | 9901 | €6,568 | €1,908 | -€4,659 | -70.9% |
| Financial income | 75/76B | €0 | €2 | +€2 | +8750.0% |
| Recurring financial income | 75 | €0 | €2 | +€2 | +8750.0% |
| Financial charges | 65/66B | €135 | €201 | +€66 | +48.8% |
| Recurring financial charges | 65 | €135 | €201 | +€66 | +48.8% |
| Profit (loss) for the period before taxes | 9903 | €6,433 | €1,709 | -€4,724 | -73.4% |
| Income taxes | 67/77 | €2,220 | €1,362 | -€858 | -38.6% |
| Profit (loss) for the period | 9904 | €4,213 | €347 | -€3,866 | -91.8% |
| Profit (loss) for the period to be appropriated | 9905 | €4,213 | €347 | -€3,866 | -91.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.