Kasmifood Distribution: 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.
Kasmifood Distribution
Largest movements
- Tangible fixed assets +€235,131
up €235,131 (+43.0%), from €546,572 to €781,703
of which Plant, machinery and equipment: +€207,743
- Receivables within one year -€46,147
down €46,147 (-2.3%), from €2.0m to €2.0m
of which Other amounts receivable: -€530,838
- Profit (loss) carried forward +€413,921
up €413,921 (+30.4%), from €1.4m to €1.8m
- Trade debts -€300,076
down €300,076 (-29.9%), from €1.0m to €704,905
- Other debts +€114,972
new in 2025: €114,972
- Short-term financial debts -€74,676
down €74,676 (-91.5%), from €81,578 to €6,902
of which Other loans: -€73,271
- Tax, wage and social debts +€70,614
up €70,614 (+203%), from €34,834 to €105,448
of which Taxes: +€74,909
- Gross operating margin +€314,940
up €314,940 (+51.4%), from €612,302 to €927,242
- Write-downs +€78,038
new in 2025: €78,038
- Taxes +€46,904
up €46,904 (+47.9%), from €97,836 to €144,739
- Staff costs -€33,465
down €33,465 (-13.2%), from €254,348 to €220,883
- Financial income -€20,929
down €20,929 (-98.5%), from €21,253 to €323
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 | €2,995,324 | €3,180,958 | +€185,635 | +6.2% |
| Fixed assets | 21/28 | €582,510 | €817,641 | +€235,131 | +40.4% |
| Tangible fixed assets | 22/27 | €546,572 | €781,703 | +€235,131 | +43.0% |
| Land and buildings | 22 | €518,918 | €547,066 | +€28,148 | +5.4% |
| Plant, machinery and equipment | 23 | €25,407 | €233,149 | +€207,743 | +818% |
| Furniture and vehicles | 24 | €2,247 | €1,488 | -€760 | -33.8% |
| Financial fixed assets | 28 | €35,938 | €35,938 | = | 0.0% |
| Current assets | 29/58 | €2,412,814 | €2,363,318 | -€49,496 | -2.1% |
| Amounts receivable after more than one year | 29 | €150,000 | €150,000 | = | 0.0% |
| Trade receivables | 290 | €150,000 | €150,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €61,315 | €78,540 | +€17,225 | +28.1% |
| Stocks | 30/36 | €61,315 | €78,540 | +€17,225 | +28.1% |
| Amounts receivable within one year | 40/41 | €2,000,131 | €1,953,984 | -€46,147 | -2.3% |
| Trade receivables | 40 | €1,199,960 | €1,684,652 | +€484,691 | +40.4% |
| Other amounts receivable | 41 | €800,171 | €269,333 | -€530,838 | -66.3% |
| Cash at bank and in hand | 54/58 | €164,180 | €149,093 | -€15,087 | -9.2% |
| Deferred charges and accrued income | 490/1 | €37,188 | €31,700 | -€5,487 | -14.8% |
| Total equity and liabilities | 10/49 | €2,995,324 | €3,180,958 | +€185,635 | +6.2% |
| Equity | 10/15 | €1,371,135 | €1,785,056 | +€413,921 | +30.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,363,075 | €1,776,996 | +€413,921 | +30.4% |
| Amounts payable | 17/49 | €1,624,189 | €1,395,903 | -€228,286 | -14.1% |
| Amounts payable after more than one year | 17 | €440,435 | €395,645 | -€44,790 | -10.2% |
| Financial debts | 170/4 | €440,435 | €395,645 | -€44,790 | -10.2% |
| Amounts payable within one year | 42/48 | €1,167,449 | €979,829 | -€187,620 | -16.1% |
| Current portion of amounts payable after more than one year | 42 | €44,790 | €44,790 | = | 0.0% |
| Financial debts | 43 | €81,578 | €6,902 | -€74,676 | -91.5% |
| Credit institutions | 430/8 | €1,578 | €173 | -€1,404 | -89.0% |
| Other loans | 439 | €80,000 | €6,729 | -€73,271 | -91.6% |
| Trade debts | 44 | €1,004,980 | €704,905 | -€300,076 | -29.9% |
| Suppliers | 440/4 | €1,004,980 | €704,905 | -€300,076 | -29.9% |
| Advances received on contracts in progress | 46 | €1,267 | €2,812 | +€1,544 | +122% |
| Taxes, remuneration and social security | 45 | €34,834 | €105,448 | +€70,614 | +203% |
| Taxes | 450/3 | €11,302 | €86,212 | +€74,909 | +663% |
| Remuneration and social security | 454/9 | €23,532 | €19,237 | -€4,295 | -18.3% |
| Other amounts payable | 47/48 | - | €114,972 | +€114,972 | |
| Accrued charges and deferred income | 492/3 | €16,305 | €20,429 | +€4,124 | +25.3% |
| Remuneration, social security and pensions | 62 | €254,348 | €220,883 | -€33,465 | -13.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,182 | €48,887 | +€4,706 | +10.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €78,038 | +€78,038 | |
| Other operating charges | 640/8 | €14,111 | €8,653 | -€5,458 | -38.7% |
| Gross operating margin | 9900 | €612,302 | €927,242 | +€314,940 | +51.4% |
| Operating profit (loss) | 9901 | €299,662 | €570,782 | +€271,120 | +90.5% |
| Financial income | 75/76B | €21,253 | €323 | -€20,929 | -98.5% |
| Recurring financial income | 75 | €21,253 | €323 | -€20,929 | -98.5% |
| Financial charges | 65/66B | €9,877 | €12,445 | +€2,568 | +26.0% |
| Recurring financial charges | 65 | €9,877 | €12,445 | +€2,568 | +26.0% |
| Profit (loss) for the period before taxes | 9903 | €311,038 | €558,660 | +€247,622 | +79.6% |
| Income taxes | 67/77 | €97,836 | €144,739 | +€46,904 | +47.9% |
| Profit (loss) for the period | 9904 | €213,202 | €413,921 | +€200,719 | +94.1% |
| Profit (loss) for the period to be appropriated | 9905 | €213,202 | €413,921 | +€200,719 | +94.1% |
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 19 October 2026 via checked.be.