Kasper & Kent: 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.
Kasper & Kent
Largest movements
- Receivables within one year +€42,456
up €42,456 (+40.8%), from €103,953 to €146,409
- Cash +€6,294
up €6,294 (+7.5%), from €83,701 to €89,995
mainly Tax, wage and social debts (+€33,992) and Depreciation (+€7,426)
- Tangible fixed assets -€5,990
down €5,990 (-37.8%), from €15,839 to €9,849
of which Furniture and vehicles: -€6,723
- Deferred charges and accrued income -€2,677
down €2,677 (-53.8%), from €4,979 to €2,303
- Tax, wage and social debts +€33,992
up €33,992 (+83.3%), from €40,809 to €74,801
of which Taxes: +€22,556
- Advances received +€5,500
up €5,500 (+145%), from €3,783 to €9,283
- Accrued charges and deferred income +€3,330
new in 2026: €3,330
- Other debts -€2,710
down €2,710 (-99.0%), from €2,736 to €27
- Staff costs +€47,493
up €47,493 (+30.2%), from €157,255 to €204,747
- Gross operating margin +€45,577
up €45,577 (+26.8%), from €170,207 to €215,784
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €208,594 | €249,382 | +€40,788 | +19.6% |
| Fixed assets | 21/28 | €15,961 | €10,675 | -€5,286 | -33.1% |
| Tangible fixed assets | 22/27 | €15,839 | €9,849 | -€5,990 | -37.8% |
| Plant, machinery and equipment | 23 | €902 | €1,635 | +€733 | +81.2% |
| Furniture and vehicles | 24 | €14,937 | €8,214 | -€6,723 | -45.0% |
| Financial fixed assets | 28 | €122 | €826 | +€704 | +577% |
| Current assets | 29/58 | €192,633 | €238,707 | +€46,073 | +23.9% |
| Amounts receivable within one year | 40/41 | €103,953 | €146,409 | +€42,456 | +40.8% |
| Trade receivables | 40 | €103,953 | €146,409 | +€42,456 | +40.8% |
| Cash at bank and in hand | 54/58 | €83,701 | €89,995 | +€6,294 | +7.5% |
| Deferred charges and accrued income | 490/1 | €4,979 | €2,303 | -€2,677 | -53.8% |
| Total equity and liabilities | 10/49 | €208,594 | €249,382 | +€40,788 | +19.6% |
| Equity | 10/15 | €153,863 | €156,040 | +€2,177 | +1.4% |
| 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 | €145,803 | €147,980 | +€2,177 | +1.5% |
| Amounts payable | 17/49 | €54,731 | €93,342 | +€38,611 | +70.5% |
| Amounts payable within one year | 42/48 | €54,731 | €90,012 | +€35,281 | +64.5% |
| Trade debts | 44 | €7,403 | €5,902 | -€1,502 | -20.3% |
| Suppliers | 440/4 | €7,403 | €5,902 | -€1,502 | -20.3% |
| Advances received on contracts in progress | 46 | €3,783 | €9,283 | +€5,500 | +145% |
| Taxes, remuneration and social security | 45 | €40,809 | €74,801 | +€33,992 | +83.3% |
| Taxes | 450/3 | €14,027 | €36,582 | +€22,556 | +161% |
| Remuneration and social security | 454/9 | €26,782 | €38,219 | +€11,436 | +42.7% |
| Other amounts payable | 47/48 | €2,736 | €27 | -€2,710 | -99.0% |
| Accrued charges and deferred income | 492/3 | - | €3,330 | +€3,330 | |
| Remuneration, social security and pensions | 62 | €157,255 | €204,747 | +€47,493 | +30.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,854 | €7,426 | -€428 | -5.4% |
| Other operating charges | 640/8 | €3,014 | €1,229 | -€1,784 | -59.2% |
| Gross operating margin | 9900 | €170,207 | €215,784 | +€45,577 | +26.8% |
| Operating profit (loss) | 9901 | €2,085 | €2,381 | +€296 | +14.2% |
| Financial charges | 65/66B | €333 | €203 | -€129 | -38.8% |
| Recurring financial charges | 65 | €333 | €203 | -€129 | -38.8% |
| Profit (loss) for the period before taxes | 9903 | €1,752 | €2,177 | +€425 | +24.3% |
| Income taxes | 67/77 | €802 | - | -€802 | |
| Profit (loss) for the period | 9904 | €950 | €2,177 | +€1,228 | +129% |
| Profit (loss) for the period to be appropriated | 9905 | €950 | €2,177 | +€1,228 | +129% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.