KASO CONSTRUCT: what changed
KASO CONSTRUCT
Largest movements
- Receivables within one year +€4,768
up €4,768 (+9.3%), from €51,159 to €55,927
of which Trade receivables: +€5,799
- Tangible fixed assets -€4,712
down €4,712 (-38.2%), from €12,329 to €7,617
- Cash +€4,637
up €4,637 (+204%), from €2,271 to €6,908
mainly Trade debts (+€6,698) and Net result for the year (+€5,682)
- Other debts -€12,901
down €12,901 (-63.6%), from €20,289 to €7,388
- Trade debts +€6,698
up €6,698 (+81.4%), from €8,230 to €14,927
of which Bills of exchange payable: +€13,845
- Profit (loss) carried forward +€5,682
up €5,682 (+20.1%), from €28,330 to €34,012
- Tax, wage and social debts +€5,215
up €5,215 (+614%), from €850 to €6,064
of which Remuneration and social security: +€4,450
- Gross operating margin +€14,298
up €14,298 (+216%), from €6,605 to €20,902
- Staff costs +€8,058
new in 2025: €8,058
- Depreciation +€2,905
up €2,905 (+161%), from €1,807 to €4,712
- Taxes +€765
up €765 (+90.0%), from €850 to €1,615
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €65,758 | €70,452 | +€4,693 | +7.1% |
| Fixed assets | 21/28 | €12,329 | €7,617 | -€4,712 | -38.2% |
| Tangible fixed assets | 22/27 | €12,329 | €7,617 | -€4,712 | -38.2% |
| Furniture and vehicles | 24 | €12,329 | €7,617 | -€4,712 | -38.2% |
| Current assets | 29/58 | €53,430 | €62,835 | +€9,405 | +17.6% |
| Amounts receivable within one year | 40/41 | €51,159 | €55,927 | +€4,768 | +9.3% |
| Trade receivables | 40 | €47,540 | €53,339 | +€5,799 | +12.2% |
| Other amounts receivable | 41 | €3,619 | €2,588 | -€1,031 | -28.5% |
| Cash at bank and in hand | 54/58 | €2,271 | €6,908 | +€4,637 | +204% |
| Total equity and liabilities | 10/49 | €65,758 | €70,452 | +€4,693 | +7.1% |
| Equity | 10/15 | €36,390 | €42,072 | +€5,682 | +15.6% |
| 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 | €28,330 | €34,012 | +€5,682 | +20.1% |
| Amounts payable | 17/49 | €29,368 | €28,379 | -€989 | -3.4% |
| Amounts payable within one year | 42/48 | €29,368 | €28,379 | -€989 | -3.4% |
| Trade debts | 44 | €8,230 | €14,927 | +€6,698 | +81.4% |
| Suppliers | 440/4 | €8,000 | €853 | -€7,147 | -89.3% |
| Bills of exchange payable | 441 | €230 | €14,075 | +€13,845 | +6,030% |
| Taxes, remuneration and social security | 45 | €850 | €6,064 | +€5,215 | +614% |
| Taxes | 450/3 | €850 | €1,615 | +€765 | +90.0% |
| Remuneration and social security | 454/9 | - | €4,450 | +€4,450 | |
| Other amounts payable | 47/48 | €20,289 | €7,388 | -€12,901 | -63.6% |
| Remuneration, social security and pensions | 62 | - | €8,058 | +€8,058 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,807 | €4,712 | +€2,905 | +161% |
| Other operating charges | 640/8 | €266 | €365 | +€99 | +37.0% |
| Gross operating margin | 9900 | €6,605 | €20,902 | +€14,298 | +216% |
| Operating profit (loss) | 9901 | €4,531 | €7,768 | +€3,237 | +71.4% |
| Financial charges | 65/66B | €658 | €471 | -€187 | -28.4% |
| Recurring financial charges | 65 | €658 | €471 | -€187 | -28.4% |
| Profit (loss) for the period before taxes | 9903 | €3,873 | €7,297 | +€3,424 | +88.4% |
| Income taxes | 67/77 | €850 | €1,615 | +€765 | +90.0% |
| Profit (loss) for the period | 9904 | €3,023 | €5,682 | +€2,659 | +88.0% |
| Profit (loss) for the period to be appropriated | 9905 | €3,023 | €5,682 | +€2,659 | +88.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.