KASKO: 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.
KASKO
Largest movements
- Receivables within one year +€31,972
up €31,972 (+31.4%), from €101,725 to €133,697
of which Other amounts receivable: +€33,028
- Tangible fixed assets -€3,004
down €3,004 (-3.1%), from €95,799 to €92,795
of which Land and buildings: -€2,782
- Cash -€2,838
no longer reported in 2024 (was €2,838)
mainly Receivables within one year (-€31,972) and Debts after one year (-€8,121)
- Reserves +€37,316
up €37,316 (+33.5%), from €111,338 to €148,654
- Debts after one year -€8,121
down €8,121 (-33.7%), from €24,110 to €15,989
of which Financial debts: -€8,121
- Trade debts -€3,578
down €3,578 (-24.7%), from €14,475 to €10,897
- Tax, wage and social debts -€3,455
down €3,455 (-22.0%), from €15,701 to €12,246
of which Remuneration and social security: -€2,175
- Short-term financial debts +€3,271
up €3,271 (+24.2%), from €13,500 to €16,771
of which Credit institutions: +€9,706
- Gross operating margin -€20,777
down €20,777 (-29.3%), from €70,809 to €50,032
- Taxes -€7,774
down €7,774 (-35.3%), from €22,004 to €14,230
- Other operating charges -€6,185
down €6,185 (-93.2%), from €6,636 to €452
- Financial income +€3,188
up €3,188 (+91.3%), from €3,490 to €6,679
- Financial charges +€729
up €729 (+74.4%), from €980 to €1,709
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €217,737 | €245,694 | +€27,958 | +12.8% |
| Fixed assets | 21/28 | €95,799 | €92,795 | -€3,004 | -3.1% |
| Tangible fixed assets | 22/27 | €95,799 | €92,795 | -€3,004 | -3.1% |
| Land and buildings | 22 | €93,740 | €90,958 | -€2,782 | -3.0% |
| Furniture and vehicles | 24 | €2,059 | €1,837 | -€222 | -10.8% |
| Current assets | 29/58 | €121,937 | €152,899 | +€30,962 | +25.4% |
| Amounts receivable after more than one year | 29 | €17,234 | €17,681 | +€446 | +2.6% |
| Other amounts receivable | 291 | €17,234 | €17,681 | +€446 | +2.6% |
| Amounts receivable within one year | 40/41 | €101,725 | €133,697 | +€31,972 | +31.4% |
| Trade receivables | 40 | €11,192 | €10,137 | -€1,056 | -9.4% |
| Other amounts receivable | 41 | €90,533 | €123,561 | +€33,028 | +36.5% |
| Cash at bank and in hand | 54/58 | €2,838 | - | -€2,838 | |
| Deferred charges and accrued income | 490/1 | €140 | €1,521 | +€1,381 | +986.3% |
| Total equity and liabilities | 10/49 | €217,737 | €245,694 | +€27,958 | +12.8% |
| Equity | 10/15 | €113,338 | €150,654 | +€37,316 | +32.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €111,338 | €148,654 | +€37,316 | +33.5% |
| Distributable reserves | 133 | €111,338 | €148,654 | +€37,316 | +33.5% |
| Amounts payable | 17/49 | €104,399 | €95,040 | -€9,359 | -9.0% |
| Amounts payable after more than one year | 17 | €24,110 | €15,989 | -€8,121 | -33.7% |
| Financial debts | 170/4 | €23,297 | €15,176 | -€8,121 | -34.9% |
| Other amounts payable | 178/9 | €813 | €813 | = | 0.0% |
| Amounts payable within one year | 42/48 | €80,289 | €79,051 | -€1,238 | -1.5% |
| Current portion of amounts payable after more than one year | 42 | €8,012 | €8,394 | +€382 | +4.8% |
| Financial debts | 43 | €13,500 | €16,771 | +€3,271 | +24.2% |
| Credit institutions | 430/8 | - | €9,706 | +€9,706 | |
| Other loans | 439 | €13,500 | €7,065 | -€6,435 | -47.7% |
| Trade debts | 44 | €14,475 | €10,897 | -€3,578 | -24.7% |
| Suppliers | 440/4 | €14,475 | €10,897 | -€3,578 | -24.7% |
| Taxes, remuneration and social security | 45 | €15,701 | €12,246 | -€3,455 | -22.0% |
| Taxes | 450/3 | €13,526 | €12,246 | -€1,280 | -9.5% |
| Remuneration and social security | 454/9 | €2,175 | - | -€2,175 | |
| Other amounts payable | 47/48 | €28,602 | €30,743 | +€2,141 | +7.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,946 | €3,004 | +€58 | +2.0% |
| Other operating charges | 640/8 | €6,636 | €452 | -€6,185 | -93.2% |
| Gross operating margin | 9900 | €70,809 | €50,032 | -€20,777 | -29.3% |
| Operating profit (loss) | 9901 | €61,227 | €46,576 | -€14,650 | -23.9% |
| Financial income | 75/76B | €3,490 | €6,679 | +€3,188 | +91.3% |
| Recurring financial income | 75 | €3,490 | €6,679 | +€3,188 | +91.3% |
| Financial charges | 65/66B | €980 | €1,709 | +€729 | +74.4% |
| Recurring financial charges | 65 | €980 | €1,709 | +€729 | +74.4% |
| Profit (loss) for the period before taxes | 9903 | €63,737 | €51,546 | -€12,191 | -19.1% |
| Income taxes | 67/77 | €22,004 | €14,230 | -€7,774 | -35.3% |
| Profit (loss) for the period | 9904 | €41,734 | €37,316 | -€4,417 | -10.6% |
| Profit (loss) for the period to be appropriated | 9905 | €41,734 | €37,316 | -€4,417 | -10.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.